Metal organic frameworks (MOFs) are crystalline porous materials consisting of metal ions or clusters connected by organic linker molecules to form one-, two- or three-dimensional frameworks. MOFs are advantageous for gas storage and separation applications owing to their tunable pore sizes, high internal surface areas and permanent porosity.
Market key trends:
Increasing demand from gas storage applications is one of the major trends fueling growth of the metal organic framework market. MOFs have high adsorption capacities and selectivity for industrially important gases such as hydrogen, methane and carbon dioxide. Their crystalline structure allows fine-tuning of pore sizes to achieve optimal gas adsorption properties. As a result, MOFs find wide usage in gas purification, gas separation and gas storage applications. For instance, MOFs designed with large pore sizes are effective for hydrogen storage due to hydrogen’s small kinetic diameter of 2.89 angstroms. With growing emphasis on developing clean energy technologies, the demand for MOFs from applications such as hydrogen fuel cells is expected to increase substantially over the forecast period.
Segment Analysis
The global metal organic framework market is dominated by the zinc-based metal organic framework sub-segment due to its better moisture stability and tenability of porosity and functionality. Zinc-based MOFs displays attributes like robustness, high thermal-chemical stability, and tunable pore size, making them promising materials for gas storage and separation applications.
Key Takeaways
The Global Metal Organic Framework Market Demand is expected to witness high growth over the forecast period.
Regional analysis: Asia Pacific region is expected to be the fastest growing region due to rapid industrialization in countries like China and India. Growing demand from industries such as automotive, healthcare, electronics, and petroleum refining is anticipated to drive the regional market.
Key players related content comprises Key players operating in the metal organic framework market are BASF SE, MOF Technologies Ltd., Strem Chemicals Inc., MOFWORX, Indianzeolite Private Limited, Enstilla, and Cluster Tec. BASF SE and MOF Technologies Ltd. are dominating players in the global market. BASF offers MOF materials like Basolite Z1200 and Basolite C300 for various separation and purification applications.
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