Nanoporous Materials Market Growth & Trend | 2028

Market Insights

The nanoporous materials market is estimated to grow from USD 4.99 billion in 2022 to USD 8.39 billion by 2028 at a healthy CAGR of 9.0% during the forecast period.

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What are nanoporous materials?

Nanoporous materials consist of regular organic or inorganic framework which supports a porous structure. The size of these pores is generally between 100 nanometers and can even be smaller. These materials are categorized into two broad categories which include bulk materials and membranes. Nanoporous materials are manufactured out of natural or synthetic raw materials.

Covid-19 Impact Analysis

The COVID-19 pandemic has adversely affected the nanoporous materials industry. Industries such as petroleum refining, water treatment, and chemical processing, witnessed a complete shutdown of operations. Also supply chain disruptions, further negatively influenced the market growth amid the pandemic.

Key Players

The following are some of the key players operating in the global nanoporous materials market -

• Exxon Mobil Corporation (US)
• BASF SE (Germany)
• Albemarle Corporation (US)
• Chemviron Carbon S.A. (Belgium)
• Calgon Carbon Corporation (US)
• Mineral Technologies Inc (US)
• Clariant AG (Switzerland)
• Kuraray Chemical Co (Japan)
• Zeochem AG (Switzerland)
• Zeolyst International (US)

Market Dynamics

The nanoporous materials market is majorly propelled:

• Significant usage in the biomedical industry.
• Also, its easy applicability, expanded scope, environmental rules and regulations along with better living standards & lifestyles of consumers augments the product demand.
• Moreover, newly developed specialized nanoporous adsorbent products and ion exchangers further increase the overall growth potential during the review period.

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Segment Analysis

Type Trends

The market has been classified into zeolites, clays, silica gels, activated alumina, and others. The zeolites segment accounted for the largest market in 2022 & is estimated to remain dominant during the forecast period. 

Owing to the strong acid strength can have and to their great adaptability to practically all types of catalysis. It provides excellent performance to sand and carbon filters, giving purer water and higher throughput rates with less maintenance required.

Regional Insight

North America accounted for a significant share in 2022 and is expected to grow at a robust CAGR during the review period.

The market growth is mainly attributed to the surge in emerging technologies in the biomedical sector and the fast-growing chemical industry along with nanoporous materials, which further augments the market expansion.

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Asia Pacific held a substantial share in 2022 and is expected to grow at a robust CAGR during the review period.

The market growth is mainly attributed to the growing chemical and oil & gas industries in the region along with the significant growth of various end-use industries such as water treatment, food & beverages, and chemical processing further bolsters the regional market growth.

Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories. 

By Type

• Zeolites
• Clays
• Silica Gels
• Activated Alumina
• Others

By End Use

• Petroleum Refining
• Water Treatment
• Food & Beverages
• Chemical Processing
• Others

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia and Rest of Europe)
• Asia-Pacific (Country Analysis: China, India, Australia, South Korea, and Rest of Asia-Pacific
• Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?

Target Audience

The target audience of the market includes-

• Vendors
• Manufacturers
• Distributors
• Organizations
• Government Bodies.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.