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The global metal organic frameworks market was valued at USD 9.8 billion in 2024 and is estimated to grow at a CAGR of over 14.2% from 2025 to 2034.
Metal organic frameworks (MOFs) are materials made from metal ions connected by organic ligands, forming porous structures with large surface areas. These structures are versatile and have applications in energy storage, gas separation, and drug delivery.
The growing demand for clean energy drives the MOFs market. These materials are being explored for energy storage, carbon capture, and hydrogen storage solutions. Their ability to adsorb gases like CO2 and store hydrogen efficiently supports the move towards sustainable energy. As industries aim to reduce their environmental impact, MOFs offer a promising alternative to traditional materials.
Report Attribute | Details |
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Base Year: | 2024 |
Metal Organic Frameworks Market Size in 2024: | USD 9.8 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2025 - 2034 CAGR: | 14.2% |
2034 Value Projection: | USD 35.5 Billion |
Historical Data for: | 2021 - 2024 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 240 |
Segments covered: | Product, Synthetic Method, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The growth of the pharmaceuticals industry also boosts the MOFs market. Their porous structures make them ideal for drug delivery and storage, allowing controlled release of medications and improving their effectiveness. As the demand for personalized and efficient drug delivery systems increases, MOFs become an important technology.
Additionally, the increasing use of electronics, which need advanced materials for batteries, sensors, and other components, further drives the adoption of MOFs. Their large surface area and adjustable properties make them suitable for improving the performance of electronic devices, contributing to the market's growth.
To meet different consumer needs, manufacturers have introduced plant-based and low-fat versions of metal organic frameworks. This change caters to health-conscious and vegan consumers, expanding the market's appeal and driving ongoing innovation in the category.