The Fluid Catalytic Cracking (FCC) catalyst Altrium, featuring Advanced Innovate Matrix (AIM) and IZY (Improved Zeolite-Y) technology, was introduced by BASF SE. The yield of transportation fuels, such as gasoline and distillate, is increased by an atrium. The company's standing in the zeolites market was strengthened by this breakthrough.
Clariant has partnered with Conser to develop next-gen catalysts for maleic anhydride production. This aims to offer superior productivity, cost efficiency, and sustainability in response to the growing demand for maleic anhydride worldwide, particularly in China.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5555
Published Date: Jan 22, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Expansion of industries, rising demand in gas separation, growing adoption in the healthcare and pharmaceutical sector, and increasing agricultural use are some of the major growth drivers for the zeolite adsorbents market.
The market size of zeolite adsorbents is anticipated to attain a CAGR of 5 % over the forecast period, i.e., 2024-2036.
The major players in the market are Albemarle Corporation, Honeywell International Inc., CLARIANT, Zeolyst International, NALCO India, Eurecat Group, Arkema, ZEOCHEM AG, W. R. Grace & Co., Tosoh Corporation and others.
The synthetic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.