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Zeolites Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Zeolites in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Zeolites Price Trend for the First Half of 2023
Zeolites Price Trend continued their disappointing run in the first half of the year 2023 as well. Following its feedstock Sodium Metasilicate prices, the Zeolites Price Trend remained bearish in the first two quarters of 2023 as well.
The supply and demand parity widened even more in the said period. The inventories were already oversupplied, and the demand was so feeble that not any substantial stock movement could be observed. Inflationary pressure was still very much present, which was keeping the general market outlook gloomy, and on the other hand, the industrial recovery in China was still very slow. All these factors contributed to keeping the Zeolites market trend low wavering. Overall, dull market sentiments were observed.
According to Procurement Resource, not much improvement is anticipated in the Zeolites Price Trend. The existing gap between supply and demand dynamics will likely affect the market dynamics.
Zeolites Price Trend for the year 2022
Zeolites Price Trend closely align with the feedstock Sodium Metasilicate prices and the downstream demands from various consuming industries like oil refining, chemical, detergents, air purifiers, etc.
The year 2022 was not a very favorable time for the Zeolites market. The strict Covid containment lockdown in China hindered domestic trade and disrupted the global supply chains, and further, the Russian invasion of Ukraine pushed the global economy into deep recession.
These events kept the industrial and manufacturing activities at the bare minimum for the majority of the discussed period. For this reason, the Zeolite demands remained bearish, and the inventories remained unmoved. Overall, muted market sentiments were observed.
According to Procurement Resource, the Zeolites market is likely to strive for stabilization, but the demand outlook does not look very promising.
For the Fourth Quarter of 2021
Due to the rising usage of zeolite in the production of lightweight construction materials and as a major component in the production of asphalt concrete, increased government infrastructure spending in markets such as India and China were expected to drive product demand.
After a long shut down, the market again saw some restrictions due to the discovery of a new variant of COVID. There was also increased demand for electric vehicles, so the zeolites market was also seen as good. In November, Zeotech developed the first bench-scale continuous closed loop circuit. It is used in kaolin feedstock to make pure linde type-A synthetic zeolite products. This development showed a growth in the market for zeolite.
For First, Second and Third Quarters of 2021
For the first three quarters of 2021, the zeolite industry was predicted to be driven by stringent government requirements for greenhouse gas emissions, as well as a strong production base of detergents and refrigerants in France, the Netherlands, Belgium, and Germany.
The increased production volume of zeolites as detergent builders, owing to their excellent cleaning capabilities, was expected to boost the industry's expansion. Under the OSHA Hazard Communication Standard, 29 CFR 1910.1200, the commodities, on the other hand, are classified as hazardous chemicals. Government laws have had a positive impact on market growth because increased exposure to such things has been related to an increased risk of malignant mesothelioma.
There was a growing emphasis on environmentally friendly products. Zeolite-based detergents show better removal of dirt and other foreign particles than ordinary detergents. Therefore, the market for zeolite showed positive growth due to this factor. There was an increasing demand seen in separation processes like water purification and filtration.
For the Year 2020
In India, the market for zeolite in 2020 saw a constant price at 764 USD/MT throughout the year. In China, zeolite prices were 728 USD/MT. Water contamination was a big worry, therefore governments around the world imposed strict laws for the dumping of waste generated by the production of detergents and other chemicals. This boosted the market's growth since zeolites, as cation-exchangers, aid in pollution control.
In 2020, Europe had the second-largest revenue share. Zeolite prices were recorded at 553 USD/MT in the Netherlands.
In 2020, the detergent builders segment accounted for more than 55% of total sales. The industry's growth was predicted to be aided by the increased production volume of zeolites as detergent builders, owing to their better cleaning properties. This metal is commonly utilized as a phosphorus alternative in detergent manufacturing because of its excellent efficacy in removing dirt and preventing the deposition of any unwanted particles.
In South America, zeolite prices are majorly driven by the North American market. There was a demand seen in the detergent market, which influenced the South American market for zeolite. Due to environmental concerns and government restrictions, zeolite was preferred over phosphorous. Governments were also providing incentives, which hence showed a positive growth in the zeolite market in this region.
Procurement Resource provides latest prices of Zeolites. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Zeolites are crystalline solids of aluminium silicate that are microporous and three-dimensional. Zeolites include small, fixed-size pores that allow small molecules to pass readily but not larger molecules; this is why they are occasionally referred to as molecular sieves. The use of synthetic zeolites and other microporous oxides has resulted in the improvement of insulated windows, automotive air conditioning, freezers, truck air brakes, and laundry detergents, among other applications.
|As an industrial catalytic agent in oil refining, For gas separation, Agent for ion exchange techniques, For pollutant removal, As drying agents in detergents, water, and air purifiers, As dietary supplements, As decolorizing and anticaking agent in personal care products
|1327-44-2; 1318-02-, Aluminosilicates
|Clariant AG, BASF SE, Evonik Industries AG, National Aluminium Company Limited, IQE Group
|Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|US$ (Data can also be provided in local currency)
|Supplier Database Availability
|The report can be customized as per the requirements of the customer
|Post-Sale Analyst Support
|360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
This production process involves the addition of an industrial dense sodium metasilicate solution containing SiO2 (at a proportionate concentration) to a sodium aluminate solution generated by the Bayer process. After stirring vigorously for approximately 1 to 3 hours, the mixture is filtered, cleaned, and dried to get 4A zeolite.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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Phone:+1 307 363 1045
Phone: +91 1203185500
Phone: +44 7537 132103