Global Molecular Sieves Market 2024-2028
The molecular sieves market is forecasted to grow by USD 596.3 mn during 2023-2028, accelerating at a CAGR of 5.56% during the forecast period. The report on the molecular sieves market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for molecular sieves as catalysts, application in nuclear waste and wastewater treatment, and promising growth opportunities in global adsorbents market.
Technavio's molecular sieves market is segmented as below:
By Grade Type
- 3A
- 4A
- 13X
- 5A and other grades
By End-user
- Oil and gas industry
- Petrochemical industry
- Process industries
- Construction industry
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing uses in the oil and gas industry as one of the prime reasons driving the molecular sieves market growth during the next few years. Also, recycling of molecular sieves and growing demand in packaging industry will lead to sizable demand in the market.
The report on the molecular sieves market covers the following areas:
- Molecular sieves market sizing
- Molecular sieves market forecast
- Molecular sieves market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading molecular sieves market vendors that include AGC Chemicals Pvt. Ltd., Arkema Group, Axens, BASF SE, Brownell Ltd., CarboTech AC GmbH, CPH Chemie and Papier Holding AG, Desicca Chemicals Pvt. Ltd., FUJIFILM Corp., Hengye Inc., Honeywell International Inc., KNT Group, KURARAY Co. Ltd., Merck KGaA, Nanoshel LLC, Resonac Holdings Corp., SORBEAD India, Standard Industries Inc., Vizag Chemical International, and ZR Catalyst Co. LTD.. Also, the molecular sieves market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.