In 2015, the global market for nanoporous materials was estimated at $6,411.7 million which is expected to demonstrate a CAGR of 8.3% during the forecast period. Some of the key factors boosting the growth of the global nanoporous materials market include increase in demand for adsorbents, stringent water regulations, and large base of final user creating a demand for nanoporous materials. The development of the global market is majorly driven by increasing demand for nanoporous materials from water treatment applications. Developing nations in Latin America and Asia-Pacific, including China, Brazil and India are expected to offer a large number of growth opportunities to nanoporous material manufacturers.
By type, zeolites segment accounted to have the largest market share of 44.3% of the global nanoporous materials market with a size of $2,837.6 million in 2015. The activated carbon segment is expected to increase the fastest growth at demonstrating a CAGR of 11.5% during the forecast period. This growth can be attributed to the increase the demand of activated carbon for air and water purification.
By end user, petroleum refining segment held the largest revenue share in the global market in 2015 and the environmental segment is anticipated to witness the highest growth during the forecast period.
Geographically, APAC accounted to have the largest market share of 33.8% of the global nanoporous materials market with a market size of $2,164.0 million in 2015. The region has a fastest growth demonstrating a CAGR of 9.6% during the forecast period.
Some of the leading players in the global nanoporous materials market are Zeochem AG, Kuraray Chemical Co. Ltd., Chemviron Carbon, Mineral Technologies Inc., Albemarle Corporation, BASF SE, Zeolyst International, Calgon Carbon Corporation, Clariant AG, and Exxon Mobil Corporation.
The information and data in the publication “Global Nanoporous Materials Market Size, Share, Development, Growth and Demand Forecast to 2022”, represents the research and analysis of data from various primary and secondary sources. An amalgamation of bottom-up and top-down has been used to calculate the market size. P&S Intelligence analysts and consultants interacted with leading companies of the concerned domain to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.
GLOBAL NANOPOROUS MATERIALS MARKET SEGMENTATION