Sheer Analytics and Insights Pvt. Ltd. have published the global aerogel market report titled Global Aerogel Market (By Types: Metal Oxides, Silica, Carbon and Others – By Product Form- Powder, Blanket, Block and Panel, By End-Use Industry- Construction, Subsea, Paints & Coatings, Electronics, Transportation and Others and By Regions) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026. The market is estimated to reach US$ 13.49 Bn by the year 2026, from US$ 1.85 Bn in 2018, growing at a CAGR of 24.70% during the forecast period 2018-2026. The aerogel market report covers the forecast and analysis of the aerogel on both regional as well as global level.
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Ultra-lightweight and superior thermal resistivity features propel the demand for aerogel across several industrial applications which in turn is expected to drive the global aerogel market during the forecast period. In addition, increasing demand for construction coupled with the growing awareness regarding global warming and installation of eco-friendly materials in the buildings are further estimated to create new necessities and augment the market of growth over the forecast period. The rising demand for eco-friendly commercial and residential buildings coupled with awareness regarding the application of light-weight raw materials are expected to be the prime reason owing to which construction segment will grow at a significant growth rate during the forecast period.
Geographically, the global aerogel market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. North America region holds the largest market share owing to the increased spending towards construction industry across the countries such as USA and Canada coupled with the massive investment towards developing subsea and onshore oil and gas exploration projects. In addition, the presence of greater numbers of manufacturers in this region is another influencing factor owing to which North America region holds the largest market share. However, Asia-Pacific aerogel market is expected to propel at the fastest CAGR during the forecast period owing to the increasing investments towards adaptation of modern raw materials in the construction industry coupled with the rise in the demand for semiconductors and insulator by the electronic industry. Presence of developing countries such as China, Japan, India, and South Korea is the key factor expected to drive the demand for aerogels across electronics, construction, and subsea industries.
In the recently published market research report published by Sheer Analytics and Insights Pvt. Ltd., aerogel market is segmented based on types, which is further divided into metal oxides, silica, carbon, and others. Based on product form the aerogel market has been segmented as powder, blanket, block, and panel. Based on end-use industry, the market has further segmented as construction, subsea, paints & coatings, electronics, transportation, and others.
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National University of Singapore (NUS) has recently developed a cost-effective and eco-friendly method of converting plastic PET bottles into PET aerogels that will be featured as soft, extremely light, durable, flexible, and easy to handle. Patent has been filed up by the researchers. It has been claimed that the PET aerogel can be used as lightweight lining for firefighter coats and carbon dioxide absorption masks.
According to Dr. Stephen Steiner, President & CEO, Aerogel Technologies, “We are thrilled to bring large-dimension polymer aerogels to scale for the first time and in doing so bring measurable energy- and cost-savings benefits to applications around the world. Thanks to this new pilot plant, applications for aerogels ranging from more fuel-efficient airplanes to longer-range electric vehicles are finally within reach.”
Some of the key industry players in the global aerogel market include Acoustiblok UK Ltd, Airglass AB, American Aerogel Corporation, Aspen Aerogel Inc., BASF SE, Dow Corning Corporation, Enersens, JIOS Aerogel, Nano High-Tech and Svenska Aerogel AB.
Global Aerogel Market is broadly segmented into the following categories:
Global Aerogel Market: By Types
- Metal Oxides
- Silica
- Carbon
- Others
Global Aerogel Market: By Product Form
- Powder
- Blanket
- Block
- Panel
Global Aerogel Market: By End-Use Industry
- Construction
- Subsea
- Paints and Coatings
- Transportation
- Electronics
- Others
Global Aerogel Market: By Geography
- North America
- The U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Rest of Asia Pacific
- The Middle East and Africa
- South Africa
- Rest of the Middle East and Africa
- Latin America
- Brazil
- Rest of Latin America
TABLE OF CONTENTS:
1. Research Methodology, Assumptions, and Acronyms
2. Executive Summary and Market Overview
2.1. Global Aerogel Market Snapshot
3. Global Aerogel Market Overview
3.1. Introduction
3.1.1. Global Aerogel Market Revenue Forecast and Potential Addressable Market
3.1.2. Global Aerogel Market Snapshot
4. Global Aerogel Market, by Types
4.1. Introduction
4.1.1. Global Aerogel Market Revenue Forecast and Potential Addressable Market- By Types
4.1.1.1. Metal Oxides
4.1.1.2. Silica
4.1.1.3. Carbon
4.1.1.4. Others
5. Global Aerogel Market, by Product Form
5.1. Introduction
5.1.1. Global Aerogel Market Revenue Forecast and Potential Addressable Market- by Product Form
5.1.1.1. Powder
5.1.1.2. Blanket
5.1.1.3. Block
5.1.1.4. Panel
6. Global Aerogel Market, by End-Use Industry
6.1. Introduction
6.1.1. Global Aerogel Market Revenue Forecast and Potential Addressable Market- by End-Use Industry
6.1.1.1. Construction
6.1.1.2. Subsea
6.1.1.3. Paints and Coatings
6.1.1.4. Transportation
6.1.1.5. Electronics
6.1.1.6. Others
7. Global Aerogel Market Revenue Forecast and Potential Addressable Market, by Region
7.1. Introduction
7.2. Key Takeaways
8. North America Aerogel Market Revenue Forecast and Potential Addressable Market
8.1. Market Dynamics
8.1.1. Drivers
8.1.2. Restraints
8.1.3. Opportunities
8.1.4. Decision Support Matrix
8.2. North America Aerogel Market Analysis- by Types
8.3. North America Aerogel Market Analysis- by Product Form
8.4. North America Aerogel Market Analysis- by End-Use Industry
8.5. U.S.
8.6. Canada
8.7. Mexico
9. Europe Aerogel Market Revenue Forecast and Potential Addressable Market
9.1. Market Dynamics
9.1.1. Drivers
9.1.2. Restraints
9.1.3. Opportunities
9.1.4. Decision Support Matrix
9.2. Europe Aerogel Market Analysis- by Types
9.3. Europe Aerogel Market Analysis- by Product Form
9.4. Europe Aerogel Market Analysis- by End-Use Industry
9.5. U.K.
9.6. France
9.7. Germany
9.8. Italy
9.9. Spain
9.10. Rest of Europe
10. Asia Pacific Aerogel Market Revenue Forecast and Potential Addressable Market
10.1. Market Dynamics
10.1.1. Drivers
10.1.2. Restraints
10.1.3. Opportunities
10.1.4. Decision Support Matrix
10.2. Asia Pacific Aerogel Market Analysis- by Types
10.3. Asia Pacific Aerogel Market Analysis- by Product Form
10.4. Asia-Pacific Aerogel Market Analysis- by End-Use Industry
10.5. India
10.6. China
10.7. Japan
10.8. Rest of Asia Pacific
11. Middle East and Africa (MEA) Aerogel Market Revenue Forecast and Potential Addressable Market
11.1. Market Dynamics
11.1.1. Drivers
11.1.2. Restraints
11.1.3. Opportunities
11.1.4. Decision Support Matrix
11.2. MEA Aerogel Market Analysis- by Types
11.3. MEA Aerogel Market Analysis- by Product Form
11.4. MEA Aerogel Market Analysis- by End-Use Industry
11.5. South Africa
11.6. Rest of Middle East and Africa
12. Latin America Aerogel Market Revenue Forecast and Potential Addressable Market
12.1. Market Dynamics
12.1.1. Drivers
12.1.2. Restraints
12.1.3. Opportunities
12.1.4. Decision Support Matrix
12.2. Latin America Aerogel Market Analysis- by Types
12.3. Latin America Aerogel Market Analysis- by Product Form
12.4. Latin America Aerogel Market Analysis- by End-Use Industry
12.5. Brazil
12.6. Rest of Latin America
13. Competitive Landscape
13.1. Global Aerogel Market-Company Market Share Analysis
14. Company Profiles: (Revenue, Product /Brand Offerings, Company Highlights)
14.1. Acoustiblok UK Ltd
14.2. Airglass AB
14.3. American Aerogel Corporation
14.4. Aspen Aerogel Inc.
14.5. BASF SE
14.6. Dow Corning Corporation
14.7. Enersens
14.8. JIOS Aerogel
14.9. Nano High-Tech
14.10. Svenska Aerogel AB
Note: Similar segmentation will be provided for all companies, and data will be available as per best efforts.
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