Nanoporous materials have gained sheer proliferation, owing to numerous technically useful benefits for a wide range of applications. This growing adoption of nanoporous materials for applications, including energy storage and conversion in different types of cells and batteries, hydrogen storage and catalysis, drug delivery, and electronic and magnetic devices, is auguring market growth.
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The nanoporous materials market can be segmented on the basis of product and end-use industry.
By Product
By End Use Industry
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Some of the leading players operating in the global nanoporous materials market include BASF SE, Albemarle Corporation, Exxon Mobil Corporation, Zeochem AG, Kuraray Chemical Co. Ltd., Clariant AG, Chemviron Carbon, Calgon Carbon Corporation, Zeolyst International, and Mineral Technologies Inc.
The growing significant role of zeolites and other nanoporous materials in the Fluid Catalytic Cracking (FCC) process has been creating growth opportunities for the stakeholders in the nanoporous materials market. FCC is the most critical conversion process in any typical fuel refinery, and being the most vital ingredient of the catalyst, zeolites are gaining traction for producing most of the gasoline used worldwide.
Zeolites are also playing an integral role in production of diverse transportation fuels, and have become the primary source for activity in FCC catalysts, which in turn is driving their demand. This growing traction for zeolites is likely to trigger growth in nanoporous materials market.
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