Aerogel Market : Professional Market Research Report and Forecasts 2018-2024

Our latest research report entitled Aerogel Market (by application (construction, oil and gas, automotive, aerospace, healthcare, chemicals, electronics, performance coating), raw material (silica, carbon, and others), types forms (blanket, particle, block, panels)) provides complete and deep insights into the market dynamics and growth of Aerogel. Latest information on market risks, industry chain structure Aerogel cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Aerogel growth factors.

The forecast Aerogel Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Aerogel on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. The global aerogel market is expected to grow at a CAGR of 30.8% between 2018 and 2024 in terms of value.

Aerogel is obtained by replacing the liquid component with gas in the gel. It is a mesoporous solid foam. Aerogel is a low density, highly porous, solid material which possesses various features such as high thermal resistance, low optical index of refraction, low dielectric constant, high specific surface area, and superlative thermal, acoustic, and impact damping properties. It is eco-friendly in nature and is cost effective as it can be recycled, owing to which the commercial applications of aerogel have witness significant surge over the past couple of years. Various end-use markets such as oil & gas, construction, automotive, marine, & aerospace among others are expected to drive the aerogels market across the globe.

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The aerogel market is expected to be driven by factors such as growing awareness about the eco-friendly nature of aerogels, thermal resistance and high durability of aerogels. However, a high cost of production is one of the primary challenges restraining the growth of this market over the forecast period. North America dominates the world aerogel market in terms of consumption, while Europe is the expected to grow at the highest CAGR over the forecast period. Asia-Pacific region is expected to be driven by the rapid growth in emerging markets such as India and China.

Segments Covered

The global aerogel market has been segmented on the basis of raw material types, forms, and industrial applications. On the basis of raw material types, the global aerogel market is segmented as silica, carbon, alumina, others. Based on the forms aerogel market is segmented as blanket, particle/powder, block, and panel. The report covers applications of aerogel in industries such as construction, oil & gas, aerospace and automotive, healthcare, chemical, electronics, performance coatings and among others. The market size and forecasts for each segment are provided both in terms of value (USD million) and volume (million square feet).

The report on global aerogel market covers segments such as application, raw material, and types forms. Market segmentation based on application includes construction, oil and gas, automotive and aerospace, healthcare, chemicals, electronics, performance coating, and other applications. On the basis of raw material, the global aerogel market segmented as silica, carbon, and others. Moreover, the aerogel market based on types is segmented as blanket, particle, block, and panels.

Geographies Covered

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography is provided over the period of 2016 – 2024. The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Among the various regions covered, North America dominated the global aerogel market whereas on the basis of countries, U.S. and China are projected to dominate the global aerogel market.

Major Key Players Mentioned in this Premium Report

The leading players in the global Aerogel market include Airglass AB, JIOS Aerogel, Cabot Corporation, American Aerogel Corporation, BASF SE and Dow Corning Corporation.

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