|Published||Report Code||Available Format||Pages|
In 2015, the global nanoporous materials market was estimated at $6,411.7 million which is expected to demonstrate a CAGR of 8.3% during the forecast period. Some of the major factors driving the global nanoporous materials market include increasing demand for adsorbents and stringent water regulations.
Nanoporous materials are materials that consist a regular inorganic or organic framework that reinforced a regular porous structure. These pores have a size if nearly 100 nanometers or are even smaller. Most of these materials are categorized as bulk materials or membranes. Since, nanoporous materials have a large surface, they hold superior absorbent and catalytic properties. Moreover, certain organic nanoporous materials can be produced artificially. International Union of Pure and Applied Chemistry (IUPAC) has segregated nanoporous materials into three segments which include macroporous materials with pore size greater than 50nm, microporous materials with a pore size 0.2-2nm and mesoporous materials with pore size 2-50nm.
GLOBAL ZEOLITES NANOPOROUS MATERIALS MARKET SIZE BY TYPE KT (2012-2022)
Nanoporous materials have a vast application base, such as ion-exchange, catalysts, and absorbents. They are also required in nano reactors, low dielectric constant mediation, and guest-host interaction. Moreover, they are required in biomedical applications for slowing drug release, filtration in hemodialysis, inhibiting bacteria and decontamination.
In 2015, zeolites nonporous materials segment was estimated to have the largest market share (44.3%) with a market value of $2,837.6 million. Clay segment dominated the market by volume, with a consumption of 6,588.7 kilotons in 2015. By type of nanoporous materials, clays are the least expensive type. However, activated carbon segment is expected to demonstrate the fastest growth demonstrating a CAGR of 11.5% by value and 11.0% by volume during the forecast period. This growth can be attributed to the increase the demand from water treatment and environmental applications.
By end user, petroleum refining segment dominated the global market for nanoporous materials with the largest market share in 2015 in the global nanoporous materials market, owing to the increasing consumption due to their adsorbent and catalytic properties. Environmental segment is expected to demonstrate the fastest growth during the forecast period.
Geographically, Asia-Pacific accounted to have the largest share of 33.8% in terms of value in 2015 in the global market for nanoporous materials. The region is also expected to demonstrate the fastest growth at a CAGR 9.6% in terms of value during the forecast period. This growth is majorly attributed to the increase in compliance and international norms for environmental safety. Moreover, the large base of end-use industries in APAC are boosting the demand for nanoporous materials in APAC.
Some of the leading players in the global nanoporous materials market are Zeochem AG, Kuraray Chemical Co. Ltd., Mineral Technologies Inc., Chemviron Carbon, Albemarle Corporation, Exxon Mobil Corporation, BASF SE, Zeolyst International, Calgon Carbon Corporation, and Clariant AG.
Key Questions Answered: