Zeolites Prices (Q4 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.
Zeolites Prices (Q1-Q3 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.
Zeolites Prices Overview 2020
In India, the market for zeolite in 2020 saw a constant price at 764 USD/MT throughout the year. In China, the price of zeolite was 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. The price of the metal was 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, the price is 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.
Procurement Resource provides prices of Zeolite for several regions around the globe, which are as follows:
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.
Chemical Formula of Zeolite:
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.
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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).