Metal Organic Frameworks Market - Forecast(2023 - 2028)
Metal Organic Frameworks Market Overview:
Metal Organic Frameworks Market is anticipated to attain a market value of USD$ 8 billion by the year 2030, exhibiting a steady compound annual growth rate CAGR of 13% during the forecast period spanning from 2023 to 2030.
Metal-organic frameworks (MOFs) are widely employed in gas storage applications. Businesses operating in the metal-organic framework market are expanding their production capabilities to create low pressure-swing mode MOF tanks. These tanks address the constraints associated with conventional gas storage approaches. To illustrate, Farmery, a provider of absorbents and catalysts, carried out a pilot investigation utilizing light hydrocarbon management system units equipped with metal-organic frameworks. This initiative aimed to improve the process of storing natural gas.
Metal-organic framework (MOF) is a highly structured and porous material made up of metal ions coordinated with organic ligands. MOFs have a crystalline, three-dimensional structure, known for their porosity, which results in a large surface area and high void volume. The ligands that connect to the metal nodes in the MOF can vary in size, shape, and functionality, allowing for a wide range of MOF structures with different properties. The high porosity and surface area of MOFs make them useful for applications such as gas storage and separation. They can selectively absorb gases based on their size, polarity, and interactions with the MOF structure. This property enables their use in natural gas storage, carbon capture, and gas separation.
Market Snapshot:
Metal Organic Frameworks Market - Report Coverage:
“Metal Organic Frameworks Market Report - Forecast (2023-2030)” by Industry ARC, covers an in-depth analysis of the following segments in the smart toys market.
Metal Organic Frameworks Market - Top Trends:
Development of new and improved MOFs with a wider range of applications. Researchers are constantly developing new MOFs with improved properties and a wider range of potential applications. For example, new MOFs have been developed that are more stable, have higher surface areas, and can be used to store and release specific gases or liquids.
Increasing investment in MOF research and development. Governments and companies are investing heavily in MOF research and development, recognizing the potential of MOFs to revolutionize a wide range of industries. This investment is leading to the development of new and improved MOFs, as well as new and innovative applications for MOFs.
Growing adoption of MOFs in the pharmaceutical, gas storage and separation, and water treatment sectors. MOFs are being increasingly adopted in the pharmaceutical, gas storage and separation, and water treatment sectors. In the pharmaceutical sector, MOFs are being used for drug delivery, separation, and purification. In the gas storage and separation sector, MOFs are being used for natural gas storage and methane capture. In the water treatment sector, MOFs are being used for desalination and wastewater treatment.
Rising demand for MOFs from the Asia Pacific region. The Asia Pacific region is expected to be the fastest-growing market for MOFs, due to the growing demand from the pharmaceutical and gas storage and separation sectors in the region. China, India, and South Korea are the key markets for MOFs in the Asia Pacific region.
Development of new and innovative applications for MOFs. In addition to the traditional applications in the pharmaceutical, gas storage and separation, and water treatment sectors, MOFs are being explored for a wide range of new and innovative applications. For example, MOFs are being investigated for use in energy storage, carbon capture, and catalysis.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Metal Organic Frameworks Market Report. The top 10 companies in this industry are listed below:
1. BASF
2. Basolite
3. MOF Technologies
4. Strem Chemicals
5. Calgon Carbon
6. Linde
7. UOP
8. Air Liquide
9. Honeywell
10. 3M
Scope of Report:
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1. Metal Organic Frameworks Market - Overview
1.1. Definitions and Scope
2. Metal Organic Frameworks Market - Executive Summary
3. Metal Organic Frameworks Market - Comparative Analysis
3.1. Company Benchmarking - Key Companies
3.2. Global Financial Analysis - Key Companies
3.3. Market Share Analysis - Key Companies
3.4. Patent Analysis
3.5. Pricing Analysis
4. Metal Organic Frameworks Market - Start-up Companies Scenario
4.1. Key Start-up Company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Venture Capital and Funding Scenario
5. Metal Organic Frameworks Market – Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing Business Index
5.3. Case Studies of Successful Ventures
6. Metal Organic Frameworks Market - Forces
6.1. Market Drivers
6.2. Market Constraints
6.3. Market Challenges
6.4. Porter's Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Powers of Customers
6.4.3. Threat of New Entrants
6.4.4. Rivalry Among Existing Players
6.4.5. Threat of Substitutes
7. Metal Organic Frameworks Market – Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Market Life Cycle
8. Metal Organic Frameworks Market – By Type
8.1. Zinc-based
8.1.1. Market Trends by Region
8.1.2. Market Size & Forecast by Region
8.2. Copper-based
8.2.1 Market Trends by Region
8.2.2 Market Size & Forecast by Region
8.3. Iron-based
8.3.1. Market Trends by Region
8.3.2. Market Size & Forecast by Region
8.4. Aluminum -based
8.4.1 Market Trends by Region
8.4.2 Market Size & Forecast by Region
8.5. Magnesium-based
8.5.1. Market Trends by Region
8.5.2. Market Size & Forecast by Region
8.6. Others
8.6.1. Market Trends by Region
8.6.2. Market Size & Forecast by Region
9. Metal Organic Frameworks Market – By Application
9.1. Gas Storage
9.1.1. Market Trends by Region
9.1.2. Market Size & Forecast by Region
9.2. Gas & Liquid Adsorption
9.2.1. Market Trends by Region
9.2.2. Market Size & Forecast by Region
9.3. Catalysis
9.3.1. Market Trends by Region
9.3.2. Market Size & Forecast by Region
9.4. Drug Delivery
9.4.1. Market Trends by Region
9.4.2. Market Size & Forecast by Region
9.5. Others
9.5.1. Market Trends by Region
9.5.2. Market Size & Forecast by Region
10. Metal Organic Frameworks Market – by Geography (Market Size – $Million/$Billion)
10.1. North America
10.1.1. The U.S.
10.1.2. Canada
10.2. Europe
10.2.1. UK
10.2.2. Germany
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. South Korea
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Chile
10.4.4. Colombia
10.4.5. Rest of South America
10.5. Rest of the World
10.5.1. Middle East
10.5.2. Africa
11. Metal Organic Frameworks Market – Entropy
11.1. New product launches
11.2. M&A’s, collaborations, JVs and partnerships
12. Metal Organic Frameworks Market – Industry/Segment Competition Landscape
12.1. Market Share Analysis
12.1.1. Market Share by Product Type – Key Companies
12.1.2. Market Share by Region – Key Companies
12.1.3 Market Share by Country – Key Companies
12.2. Competition Matrix
12.3. Best Practices for Companies
13. Metal Organic Frameworks Market – Key Company List by Country Premium
14. Metal Organic Frameworks Market - Company Analysis
14.1. BASF
14.2. Basolite
14.3. MOF Technologies
14.4. Strem Chemicals
14.5. Calgon Carbon
14.6. Linde
14.7. UOP
14.8. Air Liquide
14.9. Honeywell
14.10. 3M
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Metal Organic Frameworks Market is projected to grow at 13% CAGR during the forecast period 2023-2030.
Metal Organic Frameworks Market size is Estimated to reach $8 billion by 2030
Top Companies in the Metal Organic Frameworks Market BASF, Basolite, MOF Technologies, Strem Chemicals and Others