Nanoporous Market Size, Share & Industry Analysis, By Type ( Zeolite, Clays, Silica Gel, Activated Alumina), By Application (Petroleum Refining, Pet Litter, Water treatment, Food and Beverages, Chemical Processing, Detergents, Others) and regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Nanoporous are the unvarying organic or inorganic framework that aids a porous assembly. The size of the pores is normally 100 nanometres but can vary according to the application aspect. They are broadly classified in two types namely bulk materials and membranes. These materials are manufactured from raw materials but they can also be synthesized in laboratory. These materials have even sized pores in them which let pass certain substances through them and block all others.
Increasing demand from biomedical and chemical sectors is shall foster the market growth. Nanoporous materials are used as catalysts, nano-reactors, ion-exchange resin, adsorbent, mediate with lower dielectric constant. Additionally, the biomedical applications include decontamination, as filters in dialysis, antibacterial agent and medium for slow drug release. The increasing use of zeolites, as high end catalyst and backbone of many chemical reactions is expected to boost the market growth.
However, these materials are nano-sized which can easily get in the respiratory tract. Certain types of nanomaterials contain high levels of heavy metals like mercury, lead, arsenic, cadmium and other which is harmful for human. Erionite, a type of zeolite is carcinogenic in nature which is likely to hamper the market growth.
Key Market Driver -
Increasing demand from biomedical and chemical sectors.
Key Market Restraint -
Carcinogenic nature of the product shall hinder the market growth
Market Segmentation:
Based on type, the market is segmented into zeolites, clays, silica gel, activated alumina, and others. Based on application, the market is segmented into petroleum refining, pet litter, water treatment, food and beverages, chemical processing, detergents, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global nanoporous market consists of global & regional players operating. Some of the key players in the market include Albemarle Corporation, Mineral Technologies Inc., Zeochem AG, Zeolyst International, Exxon Mobil Corporation, Kuraray Chemical, BASF SE, Chemviron Carbon, Calgon Carbon Corporation, Clariant AG, and Others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the Nanoporous Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is experiencing highest demand attributed to the introduction of new biomedical and chemical technological advancements. Additionally, the increasing investments of the government for R&D in biomedical sectors shall foster the regional market growth. Europe holds the second largest share in the market owing to the increasing chemical sector and substantial increase in the demand for nanoporous materials. Asia Pacific is anticipated to hold significant share due to the large manufacturing base of chemical industries in emerging countries like China and India. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period
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Segmentation
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Nanoporous Industry Developments
- In September 2017, BASF set up the third plant for speciality zeolites at Ludwigshafen, Germany for production of the mobile emission catalyst.
- In June 2016, Clariant presented its latest zeolite innovations for automobile applications like adsorption of the VOC emissions.
- Ongoing
- 2023
- 2019-2022
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