Molecular Sieves Market Size 2021: Important Development, Industry Share and Growth Forecast to 2024

Molecular Sieves

The “Molecular Sieves Market” Report provides a thorough examination of the market. The Molecular Sieves Market research investigates how firms in the Molecular Sieves Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Molecular Sieves market report.

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Competitor Analysis:

Molecular Sieves market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Arkema Group
  • Axens
  • BASF SE
  • Cabot Corporation
  • CarboTech AC GmbH
  • Clariant
  • Dalian Absortbent Co. Ltd
  • Desicca Chemicals
  • Graver Technologies
  • Hengye Molecular Sieve Co. Ltd
  • Honeywell International Inc.
  • JIUZHOU CHEMICALS
  • KNT Group
  • Kuraray Co. Ltd
  • Luoyang Jianlong Micro
  • Nano New Materials Co. Ltd
  • Merck KGaA
  • SHOWA DENKO KK
  • Sorbead India
  • Tosoh Corporation
  • W. R. Grace & Co.
  • Conn.
  • Zeochem AG
  • Zeolyst International

    Market Overview:

  • The market for molecular sieves is expected to register a CAGR of 4.55%, during the forecast period of 2019 – 2024. Increasing demand for processing from the oil and gas industry, along with raising awareness for the treatment of hazardous organic materials in wastewater, is expected to drive the market studied. However, the threat from chemical composites, enzymes, and other substitutes is likely to hinder the growth of the market studied.
  • – Oil and Gas industry dominated the market in 2018 and is expected to grow during the forecast period, owing to the increasing oil and gas activities across the world.
  • – Development of anti-microbial zeolite molecular sieves is likely to act as an opportunity in the future.
  • – Asia-Pacific dominated the market across the world, with the largest consumption from various applications, such as water treatment and petroleum refining activities.<

    Key Market Trends:

    Increasing Demand from Petroleum Refining and Petrochemicals

    – Molecular sieves are majorly used in the petroleum refining industry. Ethanol is the backbone of the automotive industry and a major contributor to the world economy. The following graph represents the ethanol production by key countries.
    – During the distillation process, the end products are 95% pure ethanol and rest 5% water. This 5% of water is adsorbed by molecular sieve material to achieve 99% pure ethanol.
    – The dehydration of cracked gasses and olefin streams is basic to abstain from solidifying or the development of hydrates, amid cryogenic handling. Molecular sieves are used to remove water and other contaminants from these olefin streams. Molecular sieves are used for following petrochemical applications:
    – Dehydration and purification of ethylene, propylene, butadiene, and other feedstock.
    – Dehydration and purification of cracked gases and liquids.
    – Naphtha feed dehydration.
    – Drying hydrogen gas for acetylene converters.
    – Zeolites are used as catalysts in the refining of crude oil into finished petroleum products. Because of their high selectivity, zeolite catalysts are often the most efficient and cost-effective methods, particularly in upgrading refinery streams into high-octane gasoline blending stock.
    – Such aforementioned factors are likely to increase the demand for molecular sieves market during the forecast period.

    Asia-Pacific Region to Dominate the Market

    Asia-Pacific region dominated the market share in 2018. With growing oil and gas industrial activities in countries, such as China, India, etc., the usage of molecular sieves is increasing in the region. The oil and gas sector in China is dominated by four national and provincial oil companies, which include PetroChina, Sinopec, China National Offshore Oil Corporation (CNOOC), and Yanchang Petroleum. PetroChina, accounts for 31% of the total crude oil refining capacity, while Sinopec accounts for 45% of the total crude oil refining capacity in the country. Furthermore, in India, the demand for oil and gas processing is increasing primarily due to the rising fuel demand, due to the increasing sales of passenger cars, replacement of LPG as a cooking fuel, increasing urbanization, along with demand for infrastructure and consumer goods. The aforementioned factors are contributing to the increasing demand for molecular sieves consumption in the region during the forecast period.

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    Scope of the Report:

    This report studies the global Molecular Sieves market size, industry status and forecast, competition landscape and growth opportunity.

    Highlighted points of Molecular Sieves Market Report:

    • Varying dynamics of the Molecular Sieves industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Molecular Sieves market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Molecular Sieves market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Molecular Sieves Market report:

    • The Molecular Sieves market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Molecular Sieves market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Molecular Sieves market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Molecular Sieves Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand for Processing from Oil and Gas Industry
    4.1.2 Rising Awareness for Treatment of Hazardous Organic Materials in Wastewater
    4.2 Restraints
    4.2.1 Threat from Chemical Composites, Enzymes, and Other Substitutes
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Production Analysis
    4.6 Price Analysis

    5 MARKET SEGMENTATION
    5.1 By Shape
    5.1.1 Pelleted
    5.1.2 Beaded
    5.1.3 Powdered
    5.2 By Size
    5.2.1 Microporous
    5.2.2 Mesoporous
    5.2.3 Macroporous
    5.3 By Product Type
    5.3.1 Carbon
    5.3.2 Clay
    5.3.3 Porous Glass
    5.3.4 Silica Gel
    5.3.5 Zeolite
    5.3.6 Other Product Types
    5.4 By End User
    5.4.1 Agricultural Products
    5.4.2 Air Purification
    5.4.3 Automotive Industry
    5.4.4 Cosmetics
    5.4.5 Detergents Industry
    5.4.6 Heating and Refrigeration Industry
    5.4.7 Industrial Gas Production
    5.4.8 Nuclear Industry
    5.4.9 Petroleum Refining and Petrochemicals
    5.4.10 Pharmaceutical Industry
    5.4.11 Plastics and Polymers Industry
    5.4.12 Waste and Water Treatment
    5.4.13 Other End Users
    5.5 Geography
    5.5.1 Asia-Pacific
    5.5.1.1 China
    5.5.1.2 India
    5.5.1.3 Japan
    5.5.1.4 South Korea
    5.5.1.5 Australia & New Zealand
    5.5.1.6 Rest of Asia-Pacific
    5.5.2 North America
    5.5.2.1 United States
    5.5.2.2 Canada
    5.5.2.3 Mexico
    5.5.2.4 Rest of North America
    5.5.3 Europe
    5.5.3.1 Germany
    5.5.3.2 United Kingdom
    5.5.3.3 Italy
    5.5.3.4 France
    5.5.3.5 Russia
    5.5.3.6 Rest of Europe
    5.5.4 South America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Rest of South America
    5.5.5 Middle East & Africa
    5.5.5.1 Saudi Arabia
    5.5.5.2 South Africa
    5.5.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Arkema Group
    6.4.2 Axens
    6.4.3 BASF SE
    6.4.4 Cabot Corporation
    6.4.5 CarboTech AC GmbH
    6.4.6 Clariant
    6.4.7 Dalian Absortbent Co. Ltd
    6.4.8 Desicca Chemicals
    6.4.9 Graver Technologies
    6.4.10 Hengye Molecular Sieve Co. Ltd
    6.4.11 Honeywell International Inc.
    6.4.12 JIUZHOU CHEMICALS
    6.4.13 KNT Group
    6.4.14 Kuraray Co. Ltd
    6.4.15 Luoyang Jianlong Micro-Nano New Materials Co. Ltd
    6.4.16 Merck KGaA
    6.4.17 SHOWA DENKO KK
    6.4.18 Sorbead India
    6.4.19 Tosoh Corporation
    6.4.20 W. R. Grace & Co.-Conn.
    6.4.21 Zeochem AG
    6.4.22 Zeolyst International

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Nano-size Zeolite Molecular Sieves for Medical Oxygen Concentration
    7.2 Development of Anti-microbial Zeolite Molecular Sieves

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