Metal-Organic Frameworks (MOFs) 2024-2034: Market, Technology, and Players

Despite previous unsuccessful attempts to commercialize metal-organic frameworks (MOFs), these materials are now finding opportunities as energy-efficient alternatives for a range of critical technologies that demand high-energy inputs. These include carbon capture, water harvesting for potable water production and HVAC systems, and various chemical separations and purification processes (e.g. refrigerant reclamation and direct lithium extraction). Within the market, there are ongoing efforts by several players to upscale the production of key MOFs for these applications and lower production costs. This report addresses these trends and considers applications of MOFs for several other early-stage technologies, including hydrogen storage, energy storage, sensors, and more. Market forecasts are given in yearly mass demand and market value segmented by application.

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