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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Table of Contents
Executive Summary
According to the report titled, “Microporous Materials Market," the microporous materials market was valued at $5.3 billion in 2021, and is estimated to reach $8.4 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.Microporous materials are used as insulation and are composite materials consisting of a blend of ceramic powders and fibers. These tiny pores prevent the flow of heat by reducing the amount of contact between the insulation material and the surrounding environment, which makes them an effective choice for insulation. The materials may contain opacifiers to reduce the amount of radiant heat transmitted. The microporous insulation material is non-combustible and suitable for passive fire protection applications. It is ideal for high-temperature applications and has been gaining popularity in aerospace, automotive, industrial, and commercial businesses where space and weight conservation are critical requirements without compromising thermal performance.
Microporous materials are a blend of fibers, silica, and specially formulated infrared opacifiers that can reduce the heat transfer cycle by absorbing and reflecting radiant heat. Microporous materials provide high performance and help in reaching the space and weight requirements of the aerospace industry. Microporous insulation materials are used in cars to reduce surface temperature, friction, and vibration resistance, which improves acoustic performance and lowers design costs. It is found in exhaust systems, catalytic converters, and diesel particulate matter filters which increase fuel efficiency. Microporous materials are also used to make catalysts and adsorbents for various chemical reactions. also used in the medical industry for drug delivery and filtration applications. The pores in these materials allow for the controlled release of drugs and the removal of impurities from solutions. Microporous materials are composite materials that reduce the contact between the insulation material and the surrounding environment, making them an effective choice for insulation.
The growth of the global microporous materials market industry is majorly attributable to its wide applications in various industries such as medicine, energy & power, automotive, media, and others. Also, increasing demand for highly thermal resistant insulation materials in oil & gas sector is anticipated to drive the market growth during the forecast period. However, the high manufacturing cost of microporous materials is projected to hinder the expansion of the market. On the contrary, infrastructure development in emerging economies is expected to offer ample growth opportunities for the microporous materials market.
Microporous materials provide high-temperature insulation, with thermal conductivity ranging from 0.021 W/M to 0.034 W/M. They have four to five times the thermal efficiency of conventional materials, making them ideal for oil and gas applications. Thermal-resistant insulation is becoming increasingly popular in oil and gas pipe insulation, as it significantly reduces energy loss and helps to control energy prices. Pipe insulation is a necessary function in most heavy industries, including power, petrochemical, and oil and gas. Cold insulation prevents condensation of cold surfaces from forming and collecting moisture on the surface of the piping system. Microporous materials provide ultra-thin and lightweight insulation solutions for refineries and petrochemical plants which can maximize energy efficiency and take advantage of even the smallest spaces. The extremely low thermal conductivity of microporous materials reduces heat loss to an absolute minimum and guarantees an optimal protection temperature at the cold face of oil & gas without the need for thick insulation linings. Thus, the increasing demand for highly thermal resistant insulation materials in oil & gas sector is drive the growth of microporous materials market during the forecast period.
Microporous insulation boards and panels are made from inorganic oxides of silica and zirconia, which are thermally stable and controlled particle size. Opacifiers are distributed uniformly across the surface area and held tightly using glass filaments. The end product has the lowest thermal conductivity and cost associated with the whole process, and technology is three to five times higher than conventional insulating materials. Factors such as lack of commercialization and low industrial production capacity are also responsible for the high production cost. However, the high manufacturing cost of microporous materials is expected to hinder growth of microporous materials market during the forecast period.
The microporous materials market is segmented 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 categorized into laboratories, medicine, energy & power, automotive, media, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global microporous materials market share include AGC CHEMICALS PVT. LTD., Axens, BASF SE, PIDC, PQ, Solvay, Sorbead India, Sumitomo Chemical Co. Ltd., Zeochem AG, and Zeolyst International.
Key Findings of the Study
- By type the zeolites segment was dominated the market in 2021.
- By end-use industry, the automotive segment was the highest revenue contributor to the market in 2021.
- By region, Asia-Pacific was the highest revenue contributed in 2021 and is estimated to register a CAGR of 4.4%.
Companies Mentioned
- Sumitomo Chemical Co., Ltd.
- Zeochem AG
- zeolyst international
- Axens
- PQ
- PIDC
- BASF SE
- Sorbead India
- Solvay
- AGC CHEMICALS PVT. LTD.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 350 |
Published | February 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 5.3 billion |
Forecasted Market Value ( USD | $ 8.4 billion |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |