From GlobeNewswire: 2024-11-08 07:00:00

The Metal Organic Frameworks Market is set to reach USD 1.70 billion by 2030 with a CAGR of 22.1%. Factors driving growth include the demand for efficient gas storage solutions and clean energy, with applications in gas adsorption, separation, sensing, catalysis, and water harvesting. AI and machine learning are also boosting the market.

Copper-based metal organic frameworks dominate the market, with Europe holding the largest share. The mechanochemical synthesis method is second in market share, with gas storage applications leading the market. Zinc-based frameworks are popular in biomedical applications, while copper-based frameworks are in high demand for various applications.

North America, specifically the US, is a key market for metal organic frameworks, driven by the need for efficient gas storage solutions. The region offers growth opportunities due to strong R&D efforts and a focus on clean energy solutions. The market is segmented based on application, synthesis method, and region to cater to diverse industry needs.



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