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Metal-Organic Frameworks (MOF) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Metal-Organic Frameworks (MOF) Market SizeThe global Metal-Organic Frameworks (MOF) revenue was US$ 351.9 million in 2022 and is forecast to a readjusted size of US$ 1396.2 million by 2029 with a CAGR of 20.9% 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.
In India, the Metal-Organic Frameworks (MOF) revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global key players of metal-organic frameworks (MOF) include BASF, MOFapps and Strem Chemicals. The top three players hold a share about 97%. Europe is the largest production region, with a market share of over 95%. In terms of product, zinc-based is the largest segment, with a share about 17%. And in terms of application, the largest application is gas storage, with a share about 61%.
This report focuses on global and India Metal-Organic Frameworks (MOF) market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Metal-Organic Frameworks (MOF) will continue to grow rapidly in the future.
Global Metal-Organic Frameworks (MOF) Scope and Market Size
Metal-Organic Frameworks (MOF) market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Metal-Organic Frameworks (MOF) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the Metal-Organic Frameworks (MOF) market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
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Segment by Type
• Zinc-Based
• Copper-Based
• Iron-Based
• Aluminum-Based
• Magnesium-Based
• Others
Segment by Application
• Gas Storage
• Adsorption Separation
• Catalytic
• Others
By Company
BASF, MOFapps, Strem Chemicals, MOF Technologies, Framergy
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