Molecular Sieves Market

Global Molecular Sieves Market Overview

Molecular Sieves Market Size was valued at USD 4.41 Billion in 2023. The Molecular Sieves industry is projected to grow from USD 4.63 Billion in 2024 to USD 6.57 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.46% during the forecast period (2024 - 2032). The need from the automotive & transport sectors is increasing, and the oil & gas sectors have a high need for molecular sieving devices are the key market drivers contributing to market growth and expansion.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Molecular Sieves Market Trends

• Growing automotive & transport sectors are driving the market growth

The market CAGR for molecular sieves is driven by the rising automotive & transport sectors. Transportation and automotive sectors depend on molecular sieves to handle different water concerns. Moisture can shorten the life of automobile parts by causing short corrosion. Desiccants are incorporated into automotive systems in the Shape of bags or cartridges to safeguard them against moisture impacts. Furthermore, by maintaining the air as dehydrated as possible, molecular sieves avoid the rusting of metal components in the air braking systems of buses, trains, and intermediate and heavy-duty vehicles. As an outcome, increased demand from the transportation and automotive sectors is driving the growth of this market. According to the OICA, the automobile industry generated 424.1 million vehicles in 2016 and is predicted to produce 460.1 million in 2021.

These sieves are also widely used as a type of catalyst in the oil and petrochemical sectors. Aside from that, raising awareness of the environment, along with the adoption of stringent regulatory rules favoring the usage of environmentally friendly molecular sieves, is fueling market expansion. Furthermore, the anticipated uses for biodegradable molecular sieves in the medical field, such as the regulated release of drugs in the human body, are predicted to be a key growth driver. Aside from that, growing water treatment operations for the purifying of gas and water streams, as well as the elimination of nuclear waste using molecular sieves, are expected to drive up demand for goods ly.

The COVID-19 epidemic has impacted chemical and materials distribution systems, manufacturing activities, and international trade worldwide. Industrial has been hampered owing to worldwide security tightening and industrial problems. Furthermore, oxygen is produced by passing aluminum, silicon, and additional molecules via high-speed molecular sieves. As a result, government regulations have been relaxed, enabling more people to utilize molecular sieves. Aside from molecular sieves, a handful of organizations in major impacted nations have received oxygen generators, which transform nitrogen into oxygen.

For instance, molecular sieves have a microporous outer layer of 200-1200m2/g. They are typically used to separate inorganic gases, C1-C3 hydrocarbons, and tiny molecules that are polar such as fluid, formaldehyde, and hydrogen sulfide. As a result, increasing requirements for CMS across different industries will drive market expansion throughout the forecast period. Thus, it is anticipated that demand for Molecular Sieves will increase throughout the projected timeframe due to the rising automotive & transport sectors. Thus, driving the Molecular Sieves market revenue.

October 2023

SiPore21® is a cutting-edge medical device that was created to enable long-term control of diabetes and weight. Sigrid Therapeutics has begun the SHINE clinical trial for SiPore21®. Through the use of Mesoporous Silica particles (MSPs), SiPore21® is a unique technology that utilizes MSPs to solve significant health concerns. Orally given MSPs, when taken in the form of a gel, perform the role of "molecular sieves," successfully preventing the interaction between digestive enzymes and the food that is being consumed. This activity results in a reduction in the amount of carbohydrates and lipids that are broken down.

In order to determine whether or not SiPore21® is effective, the SHINE trial, which is currently the largest commercial research on prediabetes, is now being conducted. The primary purpose of this study is to determine whether or not the medicine SiPore21® results in significantly lower HbA1c levels as compared to placebo during the treatment of individuals who are obese or overweight and have elevated blood glucose levels.

Molecular Sieves Market Segment Insights

Molecular Sieves Type Insights

The Molecular Sieves market segmentation, based on type, includes 4A, 3A, 5A, 13X, zeolite Y, and Others. 4A category dominated the market, accounting for 345% of market revenue (USD 1.9 Billion) in 2022. It enjoyed a cost advantage as a pristine state. H2O, ethanol, and CO2 are all absorbed. It is a 2-angstrom efficient hole-opening alkali metal aluminosilicate. Moisture may be removed from gases and liquids using the 4A coating.

Molecular Sieves Shape Insights

The Molecular Sieves market segmentation, based on Shapes, includes Beads, Pellets, and Powder. The beads category generated the highest market revenue of about 53% (USD 2.2 billion) in 2022 due to their extensive use in many industrial uses.

Figure 1:  Molecular Sieves Market, by Shape, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Molecular Sieves Product Insights

The Molecular Sieves market segmentation, based on Product, includes Zeolites, Activated Carbon, Clay, and Others. The zeolites segment dominated the market, accounting for 37% of market revenue (USD 1.6 Billion) in 2022.

Molecular Sieves End-user Insights

The Molecular Sieves market segmentation, based on End-user, includes Oil & Gas, Automotive, Packaging, Coatings, Wastewater Treatment, Detergents, and Others. The oil & gas segment dominated the market, accounting for 345% of market revenue (USD 2.5 Billion) in 2022. The applicability for the purification and dehydration of aromatic and aliphatic hydrocarbons, synthetic gas, and other contaminants is a major reason for its expansion.

Molecular Sieves Regional Insights

By region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Molecular Sieves market area will dominate this market during the projected timeframe, owing to an increase in Urbanization and fast industrialization is driving the market expansion, which will boost the market growth in the North American region.

Further, the major countries studied in the market report are the US, Canada, German, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2:  Molecular Sieves Market Share by Region 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe region’s Molecular Sieves market accounts for the second-highest market share owing to the expansion of end-use sectors such as packaging, natural gas & oil, automobiles, and coatings. Further, the German Molecular Sieves market holds the largest market share, and the U.K. Molecular Sieves market is expected to grow and expand significantly in the European region during the projected timeframe.

The Asia-Pacific Molecular Sieves Market is expected to grow quickly during the projected timeframe. This is because of the region's substantial manufacturing operations in sectors such as oil refining and petroleum products, automobiles, medicine, industrial gas generation, treatment of water, and numerous others. Moreover, China’s Molecular Sieves market dominates the market share, and the Indian Molecular Sieves market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.

Molecular Sieves Key Market Players & Competitive Insights

Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Molecular Sieves market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their footprint, with significant market developments including new product portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. The Molecular Sieves industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.

Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the Molecular Sieves industry to benefit customers and capture untapped market share and revenue. The Molecular Sieves industry has recently offered significant advantages to the Chemicals industry. Moreover, more industry participants are utilizing and adopting cutting-edge Technology has grown substantially. Major players in the Molecular Sieves market, including Sorbead India, Tosoh Corporation, BASF SE, Honeywell International Inc, Honeywell Fluka, Grace & Co, SYLOBEAD & SYLOSIV, Zeochem AG, Merck KGaA, MolsivCN, UNION SHOWA KK, Van Air, are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.

Shell Plc manufactures oil and natural gas. It works in four divisions: Unified Gas, Upstream, Downstream, and Administration. The Hague, the Netherlands-based firm, was formed in February 1907. The corporation seeks and generates natural gas and oil from traditional fields and resources, including tight rock, shale rock, and coal deposits. Following collaborative cooperation, Shell, a key participant in the energy business, established a partnership with catalyst specialist BASF's Sorbead Adsorption Technologies in its carbon fall program. The collaboration involves evaluating the use of Sorbead technologies across post-combustion CCS (carbon capture and storage) operations.

Honeywell International is a software technology corporation specializing in aerospace and automobile services and goods. Albert M. Butz created the corporation in 1885, located in Charlotte, North Carolina. It specializes in turbocharger control, sensing, and safety equipment for buildings & homes; specialized chemicals; electronics and sophisticated materials; refining and petrochemical process Technology; and energy-efficient goods and products for homes, businesses, and transportation. Its business divisions are Aerospace, Housing, Construction Technologies, Superior Materials and Technologies, and Security and Efficiency Solutions. In May 2021, Honeywell International announced that it would provide USD 3 million in assistance to India through the Covid-19 procedure. Personnel from the company constructed critical care units with protective gear, air, and beds. Defense Research and Development Organization and the Indian Institute of Petroleum also use the company's molecular sieve adsorbents.

Key Companies in the Molecular Sieves market include

• Tosoh Corporation (Japan)
• Arkema (France)
• BASF SE (Germany)
• Honeywell International Inc (U.S.)
• Grace & Co (U.S.)
• Zeochem AG (Switzerland)
• Merck KgaA (Germany)
• Sorbead India (India)
• KNT Group (Russia)
• MolsivCN (China)
• Union Showa K.K. (Japan)
• Van Air Inc (U.S.)

Molecular Sieves Industry Developments

October 2021: CarbonCapture Inc. reported the completion of a USD thirty-five million Series A fundraising round. The money will be used to establish initial installations of the company's sustainable energy-powered Direct Air Capture devices across the United States.

September 2021: Following collaborative cooperation, Shell, a key participant in the energy business, established a partnership with catalyst specialist BASF's Sorbead Adsorption Technologies in its carbon fall program. The collaboration involves evaluating the use of Sorbead technologies across post-combustion CCS (carbon capture and storage) operations.

May 2021: Honeywell International announced that it will provide USD 3 million in assistance to India through the Covid-19 procedure. Personnel from the company constructed critical care units with protective gear, air, and beds. DRDO and the Indian Institute of Petroleum also use the company's molecular sieve adsorbents.

Molecular Sieves Market Segmentation

Molecular Sieves Component Outlook (USD Billion, 2018-2032)

• 4A
• 3A
• 5A
• 13X
• Zeolite Y
• Others

Molecular Sieves Shape Outlook (USD Billion, 2018-2032)

• Beads
• Pellets
• Powder

Molecular Sieves Product Outlook (USD Billion, 2018-2032)

• Zeolites
• Activated Carbon
• Clay
• Others

Molecular Sieves End-User Outlook (USD Billion, 2018-2032)

• Oil & Gas
• Automotive
• Packaging
• Coatings
• Wastewater Treatment
• Detergents
• Others

Molecular Sieves Regional Outlook

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
  • Middle East
  • Africa
  • Latin America

Molecular Sieves Component Outlook (USD Billion, 2018-2032)

• 4A

• 3A

• 5A

• 13X

• Zeolite Y

• Others

Molecular Sieves Shape Outlook (USD Billion, 2018-2032)

• Beads

• Pellets

• Powder

Molecular Sieves Product Outlook (USD Billion, 2018-2032)

• Zeolites

• Activated Carbon

• Clay

• Others

Molecular Sieves End-User Outlook (USD Billion, 2018-2032)

• Oil & Gas

• Automotive

• Packaging

• Coatings

• Wastewater Treatment

• Detergents

• Others

Molecular Sieves Regional Outlook (USD Billion, 2018-2032)

• North America Outlook (USD Billion, 2018-2032)

  • North America Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • North America Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • North America Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • North America Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • US Outlook (USD Billion, 2018-2032)

  • US Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • US Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • US Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • US Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Canada Outlook (USD Billion, 2018-2032)

  • Canada Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Canada Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Canada Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Canada Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

• Europe Outlook (USD Billion, 2018-2032)

  • Europe Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Europe Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Europe Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Europe Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Germany Outlook (USD Billion, 2018-2032)

  • Germany Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Germany Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

    • Beads

    • Pellets

    • Powder

  • Germany Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Germany Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • France Outlook (USD Billion, 2018-2032)

  • France Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • France Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • France Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • France Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • UK Outlook (USD Billion, 2018-2032)

  • UK Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • UK Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • UK Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • UK Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Italy Outlook (USD Billion, 2018-2032)

  • Italy Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Italy Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Italy Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Italy Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Spain Outlook (USD Billion, 2018-2032)

  • Spain Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Spain Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Spain Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Spain Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Rest Of Europe Outlook (USD Billion, 2018-2032)

  • Rest Of Europe Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Rest Of Europe Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Rest Of Europe Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Rest Of Europe Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

• Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Asia-Pacific Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Asia-Pacific Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Asia-Pacific Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Asia-Pacific Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • China Outlook (USD Billion, 2018-2032)

  • China Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • China Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • China Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • China Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Japan Outlook (USD Billion, 2018-2032)

  • Japan Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Japan Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Japan Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Japan Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • India Outlook (USD Billion, 2018-2032)

  • India Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • India Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • India Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • India Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Australia Outlook (USD Billion, 2018-2032)

  • Australia Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Australia Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Australia Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Australia Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Rest of Asia-Pacific Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Rest of Asia-Pacific Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Rest of Asia-Pacific Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Rest of Asia-Pacific Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

• Rest of the World Outlook (USD Billion, 2018-2032)

  • Rest of the World Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Rest of the World Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Rest of the World Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Rest of the World Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Middle East Outlook (USD Billion, 2018-2032)

  • Middle East Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Middle East Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Middle East Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Middle East Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Africa Outlook (USD Billion, 2018-2032)

  • Africa Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Africa Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Africa Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Africa Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others

  • Latin America Outlook (USD Billion, 2018-2032)

  • Latin America Molecular Sieves by Component

    • 4A

    • 3A

    • 5A

    • 13X

    • Zeolite Y

    • Others

  • Latin America Molecular Sieves by Shape

    • Beads

    • Pellets

    • Powder

  • Latin America Molecular Sieves by Product

    • Zeolites

    • Activated Carbon

    • Clay

    • Others

  • Latin America Molecular Sieves by End-User

    • Oil & Gas

    • Automotive

    • Packaging

    • Coatings

    • Wastewater Treatment

    • Detergents

    • Others