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Oct 12, 2018
| Member since | Aug 15, 2020 |
The global zeolite market size is projected to reach USD 6.06 billion by 2026, exhibiting a CAGR of 4.9% during the forecast period. Exponential growth in construction activities worldwide is expected to surge the product demand in the coming years, states Fortune Business Insights™ in its report, titled “Zeolite Market Size, Share & Industry Analysis, By Type (Natural , Synthetic ), and Regional Forecast, 2019-2026”. A report published by the Institution of Civil Engineers (ICE) forecasts that the global construction output volume will rise by 85% in the next decade, reaching a value of USD 15.5 trillion by 2030. Zeolite is extensively used in the construction as an additive and natural zeolite is commonly applied in cement production for blending purposes. This material provides the necessary strength to cement and concrete, which makes the structure durable and long-lasting. Thus, accelerated pace of construction projects will augur well for this market in the ... Continue reading →
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