Global Metal-Organic Frameworks (MOF) Market Research Report 2023

The global Metal-Organic Frameworks (MOF) market was valued at US$ 271.1 million in 2022 and is anticipated to reach US$ 1188.5 million by 2029, witnessing a CAGR of 22.5% during the forecast period 2023-2029.

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Metal-Organic Frameworks (MOF) Market
Metal Organic Frameworks (MOFs) also called as Porous Coordination Polymers (PCPs) or coordination networks are crystalline material that can be readily self-assembled from metal ions or metal clusters with organic ligands. They display permanent porosity with the enormous internal surface area and large structural diversity and thus lead to a wide spectrum of applications including gas capture and storage, molecule separations, ion-exchange, drug delivery, sensing, catalysis, luminescence.

Metal-organic frameworks (MOFs) are (often) crystalline materials that possess nanometer-sized cavities and exhibit large internal surface areas (>7000 m2/g) decorable with functional groups.

MOFs are synthesized modularly from molecular building blocks: organic linker molecules and inorganic nodes. owing to the (i) abundance of compatible molecular building blocks, (ii) many topologies in which the building blocks assemble, and (iii) post-synthetic modifiability, the number of possible MOF structures is practically limitless.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global metal-organic frameworks (MOF) include BASF, MOFapps, Strem Chemicals and so on. The top 1 accounts for over 85% of global revenue share. Americas is the main market, and occupies about 55% of the global market. Zinc-based type and copper-based are main types, with a share about 35%. Gas storage is the main application, which holds a share about 60%.

Segment by Type
Zinc-Based
Copper-Based
Iron-Based
Aluminum-Based
Magnesium-Based
Others

Segment by Application
Gas Storage

Adsorption Separation
Catalytic
Others
Production by Region
North America
Europe

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

By Company BASF, MOFapps, Strem Chemicals, MOF Technologies, Framergy

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SIMILAR REPORT

https://reports.valuates.com/market-reports/QYRE-Auto-11Q13453/global-magnesium-based-metal-organic-framework

https://reports.valuates.com/market-reports/QYRE-Auto-16M13250/global-zn-based-metal-organic-framework

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This release was published on openPR.