Air Products announced it will not proceed with its Louisiana Clean Energy project, redirecting capital to core industrial gases and growth areas like membrane and adsorption systems. The move signals stronger commitment to its adsorption technology business, potentially enhancing future supply and innovation.
Asia
The Asian region demonstrated notable volatility in 2024. The year began with a bearish trend in the first quarter, characterized by oversupply and weak demand, particularly in China, where construction sector slowdown significantly impacted market dynamics.
The market rebounded strongly in the second quarter, driven by infrastructure development initiatives and increased construction activities in major economies. However, the third quarter saw a sharp reversal, with Japan experiencing the steepest decline in August due to subdued demand and persistent logistical challenges. The regional market was further impacted by port congestions and widespread industrial slowdowns across major manufacturing hubs.
Europe
European markets experienced significant fluctuations throughout 2024. After initial price declines in the first quarter due to reduced consumption and economic slowdown, the market showed resilience in the second quarter, supported by increased production costs and supply chain constraints. However, the third quarter brought substantial challenges, particularly affecting the German market. This decline was attributed to weakened industrial activity, persistent port congestion issues, and reduced demand from key end-user industries. The market was further impacted by severe weather conditions and ongoing geopolitical tensions affecting trade routes.
North America
In North America, the market witnessed a mixed trajectory throughout the year. The first quarter started positively, driven by increased construction activities and improved business sentiment. However, the market faced significant headwinds in the second quarter, primarily due to supply chain disruptions, including the Baltimore bridge collapse and potential rail strikes. The situation further deteriorated in the third quarter due to weakened demand from construction and ceramics sectors, compounded by Hurricane Beryl's impact on production facilities and persistent port congestion issues.
Analyst Insight
According to Procurement Resource, the global 4A Zeolite market is expected to face continued challenges, with potential recovery hinging on improvements in construction sector activity and supply chain stabilization. The market might see gradual price stabilization as logistics issues resolve and industrial demand potentially rebounds in key regions.
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Asia
The price trend for 4A Zeolite was observed to be very mixed during the given period of the second half of 2023 in the Asian market. The prices were observed to be oscillating throughout the given period. Quarter three began on a very low note owing to the struggling demands from downstream detergent and cleaning industries.
Despite a rise in crude oil prices, the market trends could not improve in the third quarter; because of this, the suppliers acquired a wait-and-watch policy and procured products very cautiously. This approach somewhat balanced the supply outlook moving forward, and the gap between the supply and demand dynamics narrowed down marginally in the fourth quarter. Though the demands didn’t improve, prices started oscillating within a very confined range and continued like that for the rest of the last quarter.
Europe
The sluggishness of the Asian 4A Zeolite market was also reflected in the European market during the said period of H2’23, as the prices were observed to be wavering at the lower side of the curve here as well. The chemical and detergent industries were struggling with high inventories in the beginning, which kept pushing the prices down. The ongoing geopolitical and geoeconomic disturbances in the fourth quarter trampled international trade even more. Overall, a weak market performance was observed.
North America
In the American 4A Zeolite market the market trend was not much different from its Asian and European counterparts. The prices were found to be tottering low here as well. Demands were consistently unsatisfactory and were unable to support the pricing dynamics. Suppliers were cautious, but the supplies still dominated and pivoted the price curve downward. Conclusively, dull market performance was witnessed.
Zeolite 4A or 4A zeolite is a synthetic zeolite that is the hydrated silicate of aluminium and either sodium or calcium or both. It is an inorganic white powder activated by a thermal process to get rid of the water. It is used as a desiccant, detergent aid, absorbent and catalyst carrier.
Na12[(AlO2)12(SiO2)12]·27H2O
As a catalyst in refining petroleum, water softening, household detergent and cleaning product manufacturing, an environmental-friendly STPP substitute with similar efficiency.
Aluminosilicic Acid, Aluminum Sodium Silicate, Aluminium Sodium Salt, Sodium Silicoaluminate, Aluminosilicic Acid, Sodium Salt, Sodium Aluminium Silicate
KNT Group (UK), Interra Global (US), BASF SE (Germany), Dalian Haixin Chemical Industrial (China), Anhui Mingmei MinChem Co., Ltd. (China), Anten Chemical Co., Ltd (China), National Aluminium Company Limited (India),SILKEM d.o.o. (Slovenia), Zeolites And Allied Products Private Limited (India), Dinesh Chandra Enterprises Pvt Ltd (India)
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-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.
4A zeolite is produced by adding an industrial dense sodium metasilicate to a sodium aluminate solution obtained from the Bayer process. The mixture is stirred for 1 to 3 hours, filtered, cleaned, and dried to yield 4A zeolite.
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