Metal-Organic Frameworks market projected to reach $949.2 million by 2029 with CAGR of 15.6%.

From GlobeNewswire: 2025-03-13 13:52:00

The demand for Metal-organic Frameworks (MOFs) is projected to grow from $459.6 million in 2024 to $949.2 million by 2029, with a CAGR of 15.6%. The market is segmented by metal type, application, shape, composition, and region. Emerging startups like novoMOF and Porous Liquid Technologies are revolutionizing the industry.

Researchers at the University of Calgary have developed CALF-20, a MOF that captures large amounts of CO2. AI tools like ChatMOF and MOFTransformer are enhancing MOF design and research. Factors driving market growth include demand for carbon capture technology, environmental concerns, and energy storage materials.

The MOF market is projected to reach $949.2 million by 2029, with a CAGR of 15.6%. Proliferating demand from carbon capture technology, increasing environmental concerns, and rising demand for energy storage materials are driving market growth. The dominant end-use segment in 2029 will be chemical/petrochemical/environment.

North America has the largest market share in the MOF industry, with the U.S. leading in market penetration and the presence of many producers and startups. Market leaders include Acsynam, Atomis Inc., and BASF. To access the full report on Metal-organic Frameworks: Global Markets, contact BCC Research for more information.



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