(Health-NewsWire.Net, April 04, 2016 ) Zeolites are the most commonly utilized nanoporous materials across the globe, therefore it held largest share in 2015, in terms of value. The major reason behind the highest consumption of zeolite across the globe is its large-scale application in chemical and petroleum industry. Among the several end-uses, the petroleum refining segment held the largest share in the global market.
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The emerging economies of Asia-Pacific and Latin America, such as India, China and Brazil offer ample revenue generation opportunities to the manufacturers of nanoporous materials. However, the saturating nanoporous materials market in the developed economies is the key challenge for the growth of the global market.
Nanoporous materials consist of a regular inorganic or organic framework, which supports a regular, porous structure. The size of the pores is around 100 nanometers or even smaller. Most nanoporous materials are classified as bulk materials or membranes. These materials have large surface area; therefore, these possess excellent catalytic, adsorbent and absorbent properties. There are several natural nanoporous materials, which can also be developed artificially. International Union of Pure and Applied Chemistry (IUPAC) categorized nanoporous materials into three categories; microporous materials with pore size 0.2-2nm, mesoporous materials with pore size 2-50nm, and macroporous materials with pore size greater than 50nm.
Nanoporous materials find several applications as catalyst, absorbent, adsorbent and ion exchangers and are also utilized in guest-host interaction, low dielectric constant mediate, and nano reactor. Moreover, these materials are also used in biomedical for decontamination and inhibiting bacteria; for filtration in hemodialysis; and for slowing drug release. Some of the major end-uses of these materials are petroleum refining, water treatment, chemical processing, food and beverages, plastic processing and others.
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Geographically, North America held the largest share in the global market in 2015, due the increased consumption of nanoporous materials in the chemical and biomedical industry. However, the growth of the market is anticipated to slow down in the region during the forecast period, due to the expected saturation in end-user industries. North America was followed by Europe in terms of consumption, as well as revenue generation from nanoporous materials. Asia-Pacific is anticipated to witness higher growth, in comparison to North America and Europe, due to high growth of the end-use industries such as chemical, biomedical, food and beverages. Some of the key players operating in the global market are Albemarle Corporation, BASF SE, Chemviron Carbon, Mineral Technologies Inc., Exxon Mobil Corporation, Calgon Carbon Corporation, Zeochem AG, Kuraray Chemical Co. Ltd., Clariant, and Zeolyst International.
MARKET SEGMENTATION By Type Zeolites Clays Activated Carbon Silica Gels Activated Alumina Others By End-Use Petroleum Refining Pet Litter Water Treatment Food and Beverages Chemical Processing Plastic Processing Environmental Detergents Others By Region North America Europe Asia-Pacific Rest of the World
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