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    Aerogel Market Size, Share & Forecasts

    Aerogel Market Size, Share & Forecasts
    Report code - SRAM259 Delivery - 2 Weeks
    Aerogel Market Size, Share, Trend, Forecast, & Industry Analysis.
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    Aerogel market is likely to witness an impressive CAGR of 12.2% during the forecast period. The market for aerogels is driven by their high performance and properties including superior thermal resistance and lighter and thinner nature. Their environmentally friendly nature is also immensely contributing towards the growth of the market. Aerogel is a reusable material which after consecutive usage for a chain of applications can be disposed of safely after completion of its life cycle.

    Aerogel Market - Snapshot

    Growth

    12.2% for the next five years

    Major Type

    Silica

    Major Form Type

    Blanket

    Dominant Application Type

    Oil & Gas

    Region with the highest demand

    North America

    Key Players

    Aspen Aerogels, Aerogel Technologies LLC, Aerogel Insulation India, Aerogel UK Ltd, BASF SE, Cabot Corporation, DOW Corning, Enersens SAS, Guangdong Alison Hi-Tech, and Jios Aerogel.

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    Aerogel Market Share: By Type

    Based on the type, the market is segmented as silica aerogel, polymer aerogel, carbon aerogel, and others. The silica segment is expected to command the market during the forecast period, in terms of value. The higher demand for silica is majorly owing to the high demand from end-use industries coupled with its low cost and easy availability. Silica is the most common type of aerogel as it is extensively studied and practically used. It is the first kind of aerogel manufactured for commercial application. As silica remains a low cost and easily available aerogel, the method of synthesizing it is economical.  

    Aerogel Market Share: By Form Type

    Based on the form type, the market is segmented as blanket, particle, panel, and monolith. The blanket segment is estimated to hold the largest share of the market during the forecast period. The governance of the tank segment is likely to continue in the coming five years due to the high demand from the oil & gas and construction applications.

    Aerogel Market Share: By Application Type

    Based on the application type, the market is segmented as oil & gas, construction, transportation, performance coating, day-lighting & LVHS, and others. The oil & gas segment is expected to be the largest application of the market, in terms value, during the forecast period. Superior thermal resistance and reduced thickness of aerogel materials reflect their huge potential for growth in the oil & gas applications, where insulation is of supreme importance.  

    Aerogel Market Share: By Region

    In terms of regions, the North American aerogel’s market accounted for the largest share of the global market and is expected to maintain its dominance during the forecast period as well. The market in the region is bolstered by strong consumer awareness and growing demand from the oil & gas and construction applications. Further, the robust foothold of the key market players in the region is also powering the growth of the aerogel market in this region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Some of the major players in the aerogel market are Aspen Aerogels, Aerogel Technologies, LLC, Aerogel Insulation India, Aerogel Uk Ltd., BASF SE, Cabot Corporation, DOW Corning, Enersens SAS, Guangdong Alison Hi-Tech, and Jios Aerogel.    

     

    Market Scope & Segmentation

    Aerogel is an ultralight material that is obtained by replacing the liquid component of a gel source with a gas. The result obtained is solid and porous that has lesser thermal conductivity and also lower density.

    Aerogel is available in different types such as Silica aerogel, polymer aerogel, carbon aerogel, and others. Blanket, particle, panel, and monolith are some of the form types of aerogel. Oil & gas, construction, transportation, performance coating, and many more are the industries where the use of aerogel can be found. 

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Aerogel Market Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The aerogel market is segmented into the following categories. 

    Aerogel Market Size, Share, & Forecast, by Type:

    • Silica Aerogel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polymer Aerogel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon Aerogel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type Analysis: Metal Oxide Aerogel, Metal Chalcogenides Aerogels, and Metal Aerogel)

    Aerogel Market Size, Share, & Forecast, by Form Type:

    • Blanket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Particle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Panel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Monolith (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerogel Market Size, Share, & Forecast, by Processing Type:

    • Virgin Aerogels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Additives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerogel Market Size, Share, & Forecast, by Application Type:

    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transportation
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Aerospace, Automotive, and Marine)
    • Performance Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Day-Lighting & LVHS (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerogel Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Aerogel?

    Aerogel is an ultralight material that is obtained by replacing the liquid component of a gel source with a gas. The result obtained is solid and porous that has lesser thermal conductivity and also lower density. Aerogel is available in different types such as Silica aerogel, polymer aerogel, carbon aerogel, and others. Blanket, particle, panel, and monolith are some of the form types of aerogel. Oil & gas, construction, transportation, performance coating, and many more are the industries where the use of aerogel can be found.

    What will be the CAGR of the Aerogel Market?

    Aerogel market is likely to witness an impressive CAGR of 12.2% during the forecast period. The market for aerogels is driven by their high performance and properties, including superior thermal resistance and lighter and thinner nature.

    Which country/region is expected to remain the largest Aerogel Market?

    In terms of regions, the North American aerogels market accounted for the largest share of the global market and is expected to maintain its dominance during the forecast period as well.

    Who are the key players in the Aerogel Market?

    Some of the major players in the aerogel market are Aspen Aerogels, Aerogel Technologies, LLC, Aerogel Insulation India, Aerogel Uk Ltd., BASF SE, Cabot Corporation, DOW Corning, Enersens SAS, Guangdong Alison Hi-Tech, and Jios Aerogel.

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