METAL ORGANIC FRAMEWORK MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Metal Organic Framework Market, By Type (Metal-Organic Frameworks, Covalent-Organic Frameworks, Hybrid Ultramicroporous Materials, Hydrogen-Bonded Organic Frameworks, Others), By Application (Gas Storage, Drug Delivery, Catalysis, Sensing, Separation, Purification, Others (molecular sieves, ion exchange, etc.)), By End-use Industry (Chemicals, Healthcare, Food & Beverage, Oil & Gas, Environmental Protection, Packaging, Others (automotive, textiles, electronics, etc.)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Metal Organic Framework Market- Recent Developments

New Product Launches:

In October 2022, BASF is a chemical company launched the first commercially available MOF, Basolite M050, for adsorption heat transformation applications. This can efficiently store thermal energy for heating and cooling buildings.
In January 2022, MOF Technologies is a hydrogen production company introduced a new MOF adsorbent, MOF-210, for hydrogen storage applications. It has 70% higher volumetric hydrogen capacity as compared to compressed gas cylinders.
In September 2021, MOFGEN Ltd. launched a new zeolitic imidazolate framework, ZIF-8, for selectively capturing CO₂ from flue gas streams. This will help to reduce greenhouse gas emissions.

Acquisition and partnerships:

In March 2022, SK Inc. partnered with MOF Technologies to advance the development and commercialization of MOFs for hydrogen storage. This strengthened their capabilities in clean energy technologies.
In October 2021, Adamas Nanotechnologies acquired MOF Technologies India to expand its portfolio of nanoporous materials including MOFs. This enhanced its R&D capabilities.
In May 2020, MOF Technologies partnered with Avantama to develop MOF-based sensors for detecting VOC emissions. This combined their expertise in MOF synthesis and sensor integration.