Metal–organic frameworks (MOFs) Market are made by linking organic and inorganic units by strong bonds. They are composed of two major components, including a cluster of metal ions or metal ion and an organic molecule such as linker. They includes very high surface area and porosity and were first developed in the late 1990s. MOFs has wide range of applications such as hydrogen storage, electro-catalysis, biological imaging and sensing, semiconductors drug delivery systems and many others. 

Market Dynamic – Global Metal-organic Framework Market

Growing technological developments and advancements in material science, a surge in the demand for metal-organic framework in gas storing application, rapid industrialization in several developing economies are some of the major driving factors that anticipated to improve the growth of the global metal-organic framework market in the coming years. Likewise, increasing production of industrial gases for the variety of applications, and rising application areas of metal-organic frameworks are likely to expand the market growth. Nevertheless, the high cost related to the research and development of metal-organic framework is major restraining factor that could hamper the growth of the market. 

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Metal-organic Framework Market Segmental Overview

The study analyses global metal-organic framework market based on type, process and geography. 

Metal-organic Framework Market by Type

Various types of metal-organic framework are included in the global metal-organic framework market report. These types includes aluminum-based, copper-based, iron-based, magnesium-based, zinc-based, and others. The aluminum-based metal-organic framework segment is projected to witness fast growth during the forecast period. This type of metal organic frameworks are considered as one of the most promising MOFs which have been extensively investigated owing to their outstanding framework stability. Additionally, aluminum is a quite cheap and abundant metal source compared to other types which further making it more demandable metal source for mass production of the MOFs. This is in turn improving the growth of the segment.

Metal-organic Framework Market by Process

Based on process, the market is segmented into gas storage, gas liquid adsorption, catalysis, drug delivery, and others. Gas storage segment is anticipated to experience rapid growth in the near future. Metal–organic frameworks are one of the safe and low-energy means of dense gas-fuel storage. They are widely used for the gas storage application, owing to their high-density porous structure, which provides improved storage capability at the molecular level. 

Metal-organic Framework Market Key Players

The major key players of market includes Advanced Chemical Synthesis and Manufacturing (ACSYNAM), Atomis, EnergyX, Framergy X, GS Alliance Co., Ltd, IMMATERIAL LABS LTD, MOF Technologies Ltd, MOFgen Ltd, MOFWORX, Mosaic Materials, Inc, NanoResearch Elements Inc, Nanoshel LLC, novoMOF AG, NuMat Technologies Inc, ProfMOF, Promethean Particles Ltd, Strem Chemicals, Tarsis Technology and ZoraMat among others.

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