ALBANY, N.Y., Oct. 12, 2020
- Market players in the vendor landscape are focusing upon a host of strategies such as strategic collaborations and geographic expansion of operations to chart growth
- Increase in research and development (R&D) activities in the North American region is anticipated to help the regional market grow over the forecast period
ALBANY, N.Y., Oct. 12, 2020 /PRNewswire/ -- Compound Annual Growth Rate of global metal-organic framework market, in terms of value, will be about 11% from 2019 to 2027. This will create new opportunities in the landscape and players will clamor to tap into these. The market worth is all set to improve – reach about USD 24 million by 2027
Transparency Market Research claims, "Numerous factors are helping the global metal-organic framework market stay buoyant over the forecast period. Its use in a number of commercial applications across industry verticals is a major growth propeller in the market. Some of these applications are gas storage, drug delivery, carbon absorption, and biomedical."
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Key Findings of Global Metal-organic Framework Market Study:
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Key Drivers of Growth in Global Metal-organic Framework Market:
Transparency Market Research has identified impactful trends and drivers that are set to propel the global metal-organic framework market forward. Some of the prominent ones are:
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Regional Analysis of Global Metal-organic Framework Market:
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Competitive Landscape of Global Metal-organic Framework Market:
Well-known players in the global metal-organic framework market include Strem Chemicals, novoMOF AG, ProfMOF, MOFWORX, Nanoshel LLC, GS Alliance Co., Ltd., NanoResearch Elements Inc., ACSYNAM, IMMATERIAL LABS LTD., Promethean Particles Ltd, MOF Technologies Ltd, Numat Technologies, Inc., Mosaic materials LLC, and Mofgen Ltd., among others. The vendor landscape of the market is fragmented.
In a detailed analysis of the competitors' landscape, Transparency Market Research has profiled top players and provided other crucial information such as recent developments and growth strategies opted. Major manufacturers in the global metal-organic framework market are trying a host of growth measures to improve their market position. It is pertinent to note here that geographic expansion hold a key place in the overall strategies.
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Global Metal-organic Framework Market: Segmentation
Metal-organic Framework Market, by Type
Metal-organic Framework Market, by Application
Metal-organic Framework Market, by Region
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