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Metal-Organic Frameworks (MOF) Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

02-22-2024 04:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Metal-Organic Frameworks (MOF) Market Size

The global Metal-Organic Frameworks (MOF) market was valued at US$ 351.9 million in 2023 and is anticipated to reach US$ 1396.2 million by 2030, witnessing a CAGR of 20.9% during the forecast period 2024-2030.

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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.

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 aims to provide a comprehensive presentation of the global market for Metal-Organic Frameworks (MOF), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Metal-Organic Frameworks (MOF).

By Type
• Zinc-Based
• Copper-Based
• Iron-Based
• Aluminum-Based
• Magnesium-Based

By Application
• Gas Storage
• Adsorption Separation
• Catalytic

Key Players
BASF, MOFapps, Strem Chemicals, MOF Technologies, Framergy

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-0D3544/global-metal-organic-frameworks-mof

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