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Global Nanoporous Materials Market Size, Share, Development, Growth and Demand Forecast to 2022  Industry Insights by Type by End-Use

Global Nanoporous Materials Market Size, Share, Development, Growth and Demand Forecast to 2022 Industry Insights by Type by End-Use

  • May 2016
  • 123 pages
  • ID: 4402382
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Nanoporous materials consist of a regular inorganic or organic framework, which supports a regular, porous structure. The size of the pores is around 100 nanometers or even smaller. Most nanoporous materials are classified as bulk materials or membranes. Nanoporous materials have large surface area; therefore, these possess excellent catalytic, adsorbent and absorbent properties. There are several natural nanoporous materials, which can also be developed artificially. International Union of Pure and Applied Chemistry (IUPAC) categorized nanoporous materials into three categories; including microporous materials with pore size 0.2-2nm, mesoporous materials with pore size 2-50nm, and macroporous materials with pore size greater than 50nm.

Nanoporous Materials Market

Nanoporous materials find several applications as catalyst, absorbent, adsorbent and ion exchangers and are also utilized in guest-host interaction, low dielectric constant mediate, and nano reactor. Moreover, nanoporous materials are also used in biomedical for decontamination and inhibiting bacteria; for filtration in hemodialysis; and for slowing drug release.

The global nanoporous materials market was valued at $6,411.7 million in 2015, and it is expected to grow at a CAGR of 8.3% during 2016 - 2022. The large base of end-use industries, stringent water regulations and increasing demand for adsorbents are driving the growth of the global nanoporous materials market.

Among the various types of nanoporous materials, the zeolites segment held the largest share (44.3%) with market size of $2,837.6 million in 2015. However, in terms of volume, the clay segment dominated the global nanoporous materials market. The global consumption of clays was 6,588.7 kilotons in 2015. The clays are the least expensive among all types of nanoporous materials. The activated carbon segment is anticipated to witness the highest growth at a CAGR of 11.5% in terms of value and 11.0% in terms of volume during the forecast period. The activated carbon segment is anticipated to lead gain over zeolite segment during the forecast period, due to its increasing demand for environmental and water treatment applications.

Among the various end-uses of nanoporous materials, the petroleum refining held the largest share in the global nanoporous materials in 2015. The reason behind huge consumption of nanoporous materials in petroleum refining are their catalytic and adsorbent properties. The environmental segment is anticipated to witness the highest growth during the forecast period.

Asia-Pacific accounted for the largest share (33.8% in terms of value in 2015) in the global nanoporous materials market and it is also anticipated to witness the highest growth (CAGR 9.6%) during 2016 – 2022 in terms of value. The increasing compliance for international environmental norms and large base of end-use industries in the region are driving the growth of the global nanoporous materials market in the region.

Some of the major players operating in the global nanoporous materials market include Albemarle Corporation, BASF SE, Chemviron Carbon, Mineral Technologies Inc., Exxon Mobil Corporation, Calgon Carbon Corporation, Zeochem AG, Kuraray Chemical Co. Ltd., Clariant AG, and Zeolyst International.

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