PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807101
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807101
Metal Organic Framework Market Introduction and Overview
According to SPER market research, 'Global Metal Organic Framework Market Size- By Product, By Synthetic Method, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Metal Organic Framework Market is predicted to reach 34.34 billion by 2034 with a CAGR of 13.36%.
Crystalline substances composed of metal ions or clusters connected to organic ligands, creating structures that can be one-, two-, or three-dimensional, and featuring pores are known as Metal Organic Framework. These frameworks are acknowledged for their remarkably high surface areas, tunable pore sizes, and varied structures. The metal nodes serve as connectors, while the organic ligands (linkers) connect these nodes, creating a rigid and well-ordered framework.
Restraints: The global Metal-Organic Framework (MOF) market faces numerous major challenges that hinder its widespread commercialization and utilization. A major issue is the high production cost, as the synthesis of MOFs typically requires expensive metal salts and complex multi-step processes. As a result, in comparison to conventional alternatives like activated carbon or zeolites, the yields are low and the material costs are high.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By Synthetic Method, By Application
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
BASF SE, CSIRO, Framergy, MOF Technologies, Mosaic Materials, Nanorh, Novo MOF, NuMat, Prof MOF, Promethean Particles.
Global Metal Organic Framework Market Segmentation:
By Product: Based on the Product, Global Metal Organic Framework Market is segmented as; Aluminium based, Copper based, Iron based, Zinc based, Magnesium based, Others.
By Synthetic Method: Based on the Synthetic Method, Global Metal Organic Framework Market is segmented as; Hydro(solvo)thermal, Microwave, Ultrasonic, Mechanochemical, Electrochemical, Others.
By Application: Based on the Application, Global Metal Organic Framework Market is segmented as; Gas separation and purification, Catalyst, Gas storage, Drug delivery, Carbon capture, Atmospheric water harvesting, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.