What is Metal-organic Frameworks?
Metal-organic frameworks (MOFs) are a class of crystalline nanoporous molecular scaffolds. It possesses excellent physical and chemical properties and can be assembled from a variety of metals and a large number of organic linkers to produce highly ordered, 3D structures. As they use non-hazardous feedstock and are cost-effective and environmentally friendly. They are highly attractive for a range of industrial applications. They are potentially key materials in industrial adsorption, storage processes, and catalysis. The metal-organic framework market in the United States has been witnessing extensive R&D by numerous material scientists to enhance molecular properties of metal ions for varied applications. The rise in consumption of metal-organic framework for usage in R&D centers, and pharmaceutical and medical applications in the United States is projected to drive the metal-organic framework market during the forecast period.
The market study is broken down by Type (Zinc-Based Type, Copper-Based Type, Iron-Based Type, Aluminum-Based Type, Magnesium-Based Type and Others), by Application (Oil and Gas (Gas Storage, Gas & Liquid Adsorption), Chemical (Catalysis, Chemical Separations, Coatings), Semiconductor & Electronics (Supercapacitors, Sensors), Power & Energy (Water harvesting, Heat exchangers) and Medical (Drug Delivery, Biomedicine)) and major geographies with country level break-up.
The United States metal-organic framework market is fragmented, due to the presence of regional and local players. Major manufacturers are focusing on the expansion of their production capacities to cater to the demand for metal-organic frameworks in various end-use industries across the globe. Research Analyst at AMA estimates that Vendors from United States will contribute to the maximum growth of Global Metal-organic Frameworks market throughout the predicted period.
Strem Chemicals (United States), Mosaic Materials, Inc. (United States), Numat Technologies, Inc. (United States), Nanoshel LLC (United States), BASF SE (Germany), ProfMOF (Norway), NovoMOF AG (Switzerland), MOF Technologies (United Kingdom), GS Alliance Co., Ltd. (Japan) and Promethean Particles Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are NanoResearch Elements Inc. (India) and Mofworx (Australia).
AdvanceMarketAnalytics has segmented the market of Global Metal-organic Frameworks market by Type, Application and Region.
On the basis of geography, the market of Metal-organic Frameworks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Synthesis, the sub-segment i.e. Hydro-Thermal Synthesis will boost the Metal-organic Frameworks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On August 28, 2019, ExxonMobil Corp. and Mosaic Materials said that they have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from the emissions sources. The agreement with ExxonMobil will enable further discussion between the two companies to evaluate opportunities for industrial uses of the technology at scale.
- Development of Adsorbents Based On Metal-Organic Frameworks
- Increase in Production of Industrial Gases for Various Applications and High demand for Metal-Organic Framework in Gas Storing Application
- Growing Demand for Utilization and Exploitation of Clean Energy Resources
- Technological Advancements in Material Science
- Innovations in Sensing and Luminescence Applications
- Increasing Research To Design and Synthesize New LMOF Materials
- Opportunities for Start-ups for Bringing MOF Products to the Market
- High Cost Associated With Research and Development of Metal-Organic Framework
- Regulatory Compliances for Chemical and Materials
Key Target AudienceMOF Manufacturers, Raw Material Suppliers, Government/Research Institutions, Traders/Exporters/Importers, End-use Industries and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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