LONDON--(BUSINESS WIRE)--The zeolite market is expected to grow by 4,069.07 th MT during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the online zeolite market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The zeolite market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Zeolite Market Participants:
Anten Chemical Co. Ltd.
Anten Chemical Co. Ltd. operates its business through the Unified segment. The company offers Advan Synthetic Zeolite and ZSM-5 Zeolite Powder.
Arkema SA
Arkema SA operates its business through segments such as High-Performance Materials, Industrial Specialties, and Coating Solutions. The company offers Siliporite for Paint, coatings and adhesives, and Nitroxy SXSDM for respiratory care.
BASF SE
BASF SE operates its business through segments such as Agricultural Solutions and Others. The company offers Luminate and BASF 4ABF Molecular Sieve.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/zeolite-market-industry-analysis
Zeolite Market 2020-2024: Segmentation
Zeolite market is segmented as below:
-
End-user
- Detergent
- Catalyst
- Adsorbent
- Others
-
Geography
- Europe
- APAC
- North America
- MEA
- South America
-
Type
- Natural
- Synthetic
The zeolite market is driven by increasing use as a refrigeration adsorbent. In addition, other factors such as the increasing use of compact detergents are expected to trigger the zeolite market toward witnessing a CAGR of almost 9% during the forecast period.
Get more insights about the global trends impacting the future of zeolite market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45649
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