Market Snapshot:
Metal-organic frameworks (MOFs) are a class of crystalline nanoporous molecular scaffolds. It possesses excellent physical and chemical properties and can be assembled from a variety of metals and a large number of organic linkers to produce highly ordered, 3D structures. As they use non-hazardous feedstock and are cost-effective and environmentally friendly. They are highly attractive for a range of industrial applications. They are potentially key materials in industrial adsorption, storage processes, and catalysis. The metal-organic framework market in the United States has been witnessing extensive R&D by numerous material scientists to enhance molecular properties of metal ions for varied applications. The rise in consumption of metal-organic framework for usage in R&D centers, and pharmaceutical and medical applications in the United States is projected to drive the metal-organic framework market during the forecast period.
Highlights from Metal-organic Frameworks Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Strem Chemicals (United States), Mosaic Materials, Inc. (United States), Numat Technologies, Inc. (United States), Nanoshel LLC (United States), BASF SE (Germany), ProfMOF (Norway), NovoMOF AG (Switzerland), MOF Technologies (United Kingdom), GS Alliance Co., Ltd. (Japan) and Promethean Particles Ltd. (United Kingdom). Additionally, other players that are part of this comprehensive study are NanoResearch Elements Inc. (India) and Mofworx (Australia).
Geographic Breakdown and Segment Analysis
The Global Metal-organic Frameworks market presents a comprehensive analysis of the Metal-organic Frameworks market by product type (Zinc-Based Type, Copper-Based Type, Iron-Based Type, Aluminum-Based Type, Magnesium-Based Type and Others), by end-user/application (Oil and Gas (Gas Storage, Gas & Liquid Adsorption), Chemical (Catalysis, Chemical Separations, Coatings), Semiconductor & Electronics (Supercapacitors, Sensors), Power & Energy (Water harvesting, Heat exchangers) and Medical (Drug Delivery, Biomedicine)), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Metal-organic Frameworks industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Metal-organic Frameworks market
Analyst at AMA have segmented the market study of Global Metal-organic Frameworks market by Type, Application and Region.
Metal-organic Frameworks Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase in Production of Industrial Gases for Various Applications and High demand for Metal-Organic Framework in Gas Storing Application
- Growing Demand for Utilization and Exploitation of Clean Energy Resources
- Technological Advancements in Material Science
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Influencing Trends | - Development of Adsorbents Based On Metal-Organic Frameworks
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Restraints | - High Cost Associated With Research and Development of Metal-Organic Framework
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Gaps & Opportunities | - Innovations in Sensing and Luminescence Applications
- Increasing Research To Design and Synthesize New LMOF Materials
- Opportunities for Start-ups for Bringing MOF Products to the Market
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On August 28, 2019, ExxonMobil Corp. and Mosaic Materials said that they have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from the emissions sources. The agreement with ExxonMobil will enable further discussion between the two companies to evaluate opportunities for industrial uses of the technology at scale.
The United States metal-organic framework market is fragmented, due to the presence of regional and local players. Major manufacturers are focusing on the expansion of their production capacities to cater to the demand for metal-organic frameworks in various end-use industries across the globe.
Key Target Audience
MOF Manufacturers, Raw Material Suppliers, Government/Research Institutions, Traders/Exporters/Importers, End-use Industries and Others