Long-range ordered porous carbon (LOPC) Market Research Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2033

Long-range ordered porous carbon (LOPC) Market Size Research Report – In a Glance

As per the Research report on global Long-range ordered porous carbon (LOPC) market, the market is projected to foresee a CAGR of CAGR value 4.9% between 2024-2033, and further generate a market size of USD 345.6 million revenue by the end of 2033. In the year 2024, the market size was valued at USD 235.4 million revenue.

• The global Long-range ordered porous carbon (LOPC) market is projected to grow on account of the increasing demand of sustainable energy storage.
• In Japan, the Long-range ordered porous carbon (LOPC) market growth can be attributed to the expanding manufacturing sector.

• KDMI analyst’s growth analysis foresees limited commercial availability to challenge the market growth.

• Asia-Pacific, having the highest market share in the Long-range ordered porous carbon (LOPC) market, is projected to dominate the global market.

Long-range ordered porous carbon (LOPC) Market Analysis

Long-range ordered porous carbon (LOPC) is defined as a precisely engineered nanoporous carbon material providing large surface area, adaptable pore sizes, and high electrical efficiency. It is extensively used in energy storage, catalytic reactions, and gas absorption. Currently, the global shift toward renewable energy storage is propelling the LOPC market forward. With the increasing adoption of renewable sources, advanced carbon materials like LOPC play a crucial role in batteries, fuel cells, and supercapacitors. Consequently, governments across the globe are also heavily investing in research and innovation for sustainable energy storage solutions to replace fossil fuels and conventional energy sources. Report states that the global spending on R&D has climbed to a historic peak of approximately US$ 1.7 trillion. Furthermore, about 10 countries make up 80% of the spending. Also, as part of the Sustainable Development Goals (SDGs), countries have promised to significantly boost public and private R&D spending as well as the number of researchers by 2030. Nippon Carbon, Cabot Corporation, Mitsubishi Chemical, are some of the significant parties in the global market for Long-range ordered porous carbon (LOPC).

Analyst’s Observation on Japan Long-range ordered porous carbon (LOPC) Market Research

In Japan, the market growth for Long-range ordered porous carbon (LOPC) can be attributed to the expanding manufacturing sector. Recent breakthroughs in technology like AI, robotics, and automation are helping Japan’s manufacturing industry to flourish. High performance materials like LOPC are ideal for such kind of applications due to their unique properties such as greater surface area and stability. As per findings, the Japanese economy ranks the fourth largest in the world based on GDP, and the manufacturing sector accounts for about 20% of the nation's GDP, framing it as a crucial component of the economy. Moreover, the drive for sustainability seeks to strengthen Japan’s global standing with a push towards clean energy and green solutions. Mitsubishi Chemical Corporation, Kuraray Co. Ltd., Sumitomo Chemical Co. Ltd., are some of the significant parties in the market for Long-range ordered porous carbon (LOPC) in Japan.

Long-range ordered porous carbon (LOPC) Market Growth Drivers and Challenges

Growth Drivers

• Rising of automotive industry:

The automotive industry has witnessed notable developments in recent years due to cutting-edge innovations in electric vehicles, driverless technology, and AI-driven automation. This is further creating a demand for eco-friendly transportation and innovations in battery systems, resulting in accelerated growth of the global market. However, the outstanding features of LOPC such as flexible porosity and large surface area make it perfect for electric vehicle batteries, fuel cells, and lightweight structures. The sales of electric vehicles are increasing globally with near about 14 million sales in 2023, raising their total number of roads to 40 million. Therefore, LOPC’s market growth is fueled by both transportation and industrial uses.

• Increasing innovation in drug delivery system:

The growing innovations in drug delivery technologies are revolutionizing healthcare by improving overall patient well-being and opening doors to personalized and eco-friendly treatments. However, the long-range ordered porous carbon (LOPC) due to its excellent properties including excellent biocompatibility is showcasing its capabilities as a potent drug carrier, enhancing the overall market. The latest statistics show that in 2024, the injectable drug delivery market at USD 124.69 million with an expected expansion to USD 229.21 million by 2032. This is in line with a compound annual growth rate (CAGR) of 7.21% in the coming eight years with no further signs of slowing down. 

Restraints

• Limited commercial availability:

Long-range ordered porous carbon (LOPC) is still in the nascent stages of commercialization and hence, their availability is relatively scarce. Therefore, the lack of robust supply chains and distribution networks slows down the LOPC market expansion, necessitating manufacturers to focus on scaling production and broadening their market presence in various industries such as energy storage and filtration.

• High production cost:

The creation of long-range ordered porous carbon (LOPC) materials is a complicated and elaborate procedure, involving several multi-step processes that demand careful control and precise regulation of the experimental parameters. This high cost of production limits the widespread commercial availability of LOPC products. To tackle this issue, strategies for lowering the costs and optimization of product processes are necessary.

Long-range ordered porous carbon (LOPC) Market Segmentation

Our experts at KD Market Insights have segmented the global Long-range ordered porous carbon (LOPC) market research report as:

Long-range ordered porous carbon (LOPC) Market Regional Synopsis

The Asia-Pacific Long-range ordered porous carbon (LOPC) market is majorly driven by huge investments in the development of clean energy technologies, including energy storage systems and environmental protection solutions. LOPCs are leveraged in the production of high-performance batteries, supercapacitors, and other energy storage devices. Henceforth, it is predicted that the growth of the electronics and automotive sectors in the region will also result in higher demand. The LOPC market is also driven by rapid urbanization and industrialization.

Apart from being the largest contributor, Asia-Pacific is also likely to witness the fastest-growing economy in the projected timeframe. Nations like China and India are contributing considerable capital to the development of renewable energy technology, such as energy storage systems and environmental protection solutions. Hence, the Asia-Pacific long-range ordered porous carbon (LOPC) market is forecasted to be guided by a boost in investments in clean energy solutions.

As per our analysts at KD Market Insights, the following five players lead the Asia-Pacific Long-range ordered porous carbon (LOPC) market growth:

• Mitsubishi Chemical Corporation
• Sumitomo Chemical Co. Ltd.
• Kuraray Co. Ltd.
• Cabot Corporation
• Entegris Inc.

Long-range ordered porous carbon (LOPC) Market Competitive Landscape

Some of the key players who top the global Long-range ordered porous carbon (LOPC) market share:

• Xerox
• SABIC
• Nippon Carbon
• AkzoNobel
• KraussMaffei
• 3M
• Showa Denko
• Praxair Technology 
• BASF
• Haldor Topsoe
• Evonik Industries
• Umicore
• Cabot Corporation
• Mitsubishi Chemical
• Others

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Long-Range Ordered Porous Carbon (LOPC) Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Product type
      2. By Application
      3. By End-use industry
      4. By Region
5. Market Segmentation by Product type
   1. 1. Activated carbon
      2. Carbon nanotubes
      3. Graphene
      4. Porous carbon foams
6. Market Segmentation by Application
   1. 1. Energy storage
      2. Catalysis
      3. Environmental remediation
      4. Gas Separation
      5. Electronics
7. Market Segmentation by End-use industry
   1. 1. Electronics
      2. Automotive
      3. Chemical
      4. Construction
      5. Healthcare
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
         4. South Korea
         5. Market Size and Forecast
         6. Key Trends and Developments
         7. Market Analysis by Product type, Application, and End-use industry
      5. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product type, Application, and End-use industry
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
   3. Medtronic (Ireland)
   4. IBM
   5. Apple Inc.
   6. Siemens Medical Solutions
   7. Pepperl+Fuchs
   8. Cisco
   9. GE Healthcare
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References