Microporous Materials Market By Type (Zeolites, Metal organic frameworks , Clays, Activated Alumina, Others), By End Use Industry (Laboratories, Medicine, Energy and Power, Automotive, Media, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global microporous materials market was valued at $5.3 billion in 2021, and is projected to reach $8.4 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.
Microporous material is available in powder or fiber form and offers compressive strength, minimal thermal shrinkage, excellent fire barrier, and resistance to liquids, vibration, and chemicals. It is suitable for passive fire protection applications, refining and petrochemical manufacturing plants, and industrial process piping and equipment. Microporous materials are also used in filler material for mattresses, cassettes, heat shields, and expansion joints. Microporous materials are found in various types of materials, such as zeolites, metal-organic frameworks, clays, activated alumina, and others. They have a unique cage-like framework that lends to a wide range of applications, such as power generations and petrochemicals. Microporous silica is an inorganic material with an amorphous structure in a wide temperature range and can be sintered in dry atmosphere at temperatures around 400-700∘C. It is highly porous and has exceptionally small pores showing molecular sieving characteristics. Synthesis methods include sol-gel, templating approach, and chemical vapor deposition (CVD).
Microporous materials are suitable for high-temperature end-use industries, such as aerospace, automotive, industrial, and commercial markets. They are used in gas separation and purification processes, catalysts and adsorbents, and drug delivery and filtration applications. The pores in these materials allow for controlled release of drugs and the removal of impurities from solutions. Microporous materials are a combination of fibers, silica, and specially designed infrared opacifiers that absorb and reflect radiant heat to shorten the heat transmission cycle. They provide exceptional performance and help in fulfilling the aircraft industry's space and weight constraints. In automobiles, microporous insulating materials are utilized to minimize surface temperature, friction, and vibration resistance, therefore increasing acoustic performance and cutting design costs. They are also used to improve fuel economy in exhaust systems, catalytic converters, and diesel particulate matter filters.
The microporous materials market is bifurcated into type, application, and region. On the basis of type, the market is categorized into zeolites, metal-organic frameworks, clays, activated alumina, and others. On the basis of application, the market is divided into laboratories, medicine, energy & power, automotive, media, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
By type, clays is the fastest growing segment in the global microporous material market in 2021. Microporous mineral clay is used in many industrial processes, such as paper making, cement production, pottery, and chemical filtering. In 2022, cement production in India increased by 12% due to rural housing demand and the government's focus on infrastructure development. Industrial Sonomechanics, LLC (ISM) introduced a large-capacity in-line cartridge filter with microporous filtration in September 2022, which is expected to improve the efficiency of the chemical manufacturing process while lowering the associated costs.
By end-use industry, media and energy and power are the fastest growing segment in the global microporous material market in 2021. Microporous media is used in large format printing applications to maintain color balance and life expectancy. It is gaining popularity due to the advantages of 3D printers over traditional manufacturing processes, such as design flexibility, rapid prototyping, print-on-demand, minimal wastage, fast designing and production, and ease of access. Microporous 3D printing is an augmentation of existing manufacturing technologies and is expanding its footprint globally. It has the ability to print simple and complex objects in small to large sizes. Additive manufacturing is the term used to describe the use of 3D printing in industrial applications (AM). It involves a layer-by-layer addition of material to form an object, with the help of software and a 3-dimensional printer. In medicine, 3D printing can be used to print organ models to help surgeons with patient education and pre-operative planning.
In addition, the report covers profiles of key industry participants such as AGC CHEMICALS PVT. LTD., Axens, BASF SE, PIDC, PQ, Solvay, Sorbead India, Sumitomo Chemical Co., Ltd., Zeochem AG, Zeolyst International. These players have adopted several strategies to propel the market of microporous material during the forecast period. For instance, On April 2019, BASF SE has invested in the renovation of its silica factory in Dusseldorf-Holthausen, one of the largest in the world. Silicates are created by fusing sand and soda and have numerous applications, including tire manufacturing, thickeners in mortars and plasters, foundry molds and mineral paints, and surface sealants. This investment will boost silicate manufacturing, resulting in increased demand for microporous materials.
COVID-19 Analysis:
The COVID-19 pandemic has had a negative impact on the growth of the microporous materials market. It has decreased long-term global oil and gas consumption by 2.5 million barrels per day and has had a significant impact on the production of microporous insulation materials.
The aerospace industries are delayed in receiving insulation materials from manufacturers due to material import and export restrictions, and shipment orders are being severely impacted due to vessel non-availability and blank sailing. The production of aircraft has been disrupted, resulting in a significant loss in the total aerospace sectors.
Additionally, microporous materials have had a mixed impact on the medical business. Personal protection equipment (PPE) such as surgical masks, gowns, and gloves are in high demand, as are microporous surgical tapes used in their manufacture.
There has been an increased demand for personal protective equipment (PPE) and microporous surgical tapes, and large number of surgical procedures have been canceled or postponed protecting the health of healthcare professionals and patients. A steep drop in the number of patients visiting surgical centers for treatment was observed in around 1,100 surgical centers across India from April to June 2020.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the microporous materials market analysis from 2021 to 2031 to identify the prevailing microporous materials market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the microporous materials market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global microporous materials market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Metal organic frameworks
Clays
Activated Alumina
Others
Zeolites
By End Use Industry
Laboratories
Medicine
Energy and Power
Automotive
Media
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA
Key Market Players
Sumitomo Chemical Co., Ltd.
Zeochem AG
zeolyst international
Axens
PQ
PIDC
BASF SE
Sorbead India
Solvay
AGC CHEMICALS PVT. LTD.
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