Aerogels Market Size, Trends, Forecast and Industry Analysis Report Upto 2021

Research Report on Global Aerogels Market 2014 to 2021 added by studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.

Aerogel is a permeable ultralight component that is synthetic in nature. This mesoporous composite material derived from gel is a liquid component that is replaced with a gas. It contains more than 95% air and silica or any other material particles suspended in three-dimensional porous structure. They are extremely porous, low density, lightweight and low thermal conductivity. This feature makes them suitable in various applications that require lightweight and low thermal conductivity such as insulation in petrochemical, construction, and aerospace industries.

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The aerogel market is segmented by products as silica aerogels, metal oxide aerogels, carbon aerogels and others (including polymer aerogels, etc.). Silica aerogel had the largest market share and is projected to dominate the global market during the forecast period. The factors such as its high insulating properties, cheap and abundant raw material availability contribute to its dominance. The aerogel market is segmented by end user as construction, oil & gas, transportation, electronics and others (including pharmaceutical, etc.). Oil & gas segment dominates the aerogel market. The increasing demand for advanced insulation materials for its critical applications is expected to sustain the growth for oil & gas segment of aerogel market in the coming years.

The key drivers influencing the growth of aerogels market is growing demand in oil & gas and construction industries. The advancements and innovations in technology and usage in newer application areas is also expected to boost the market. The high demand in the transportation industry is expected to be a major opportunity for aerogels in the next few years. The key constraints of this market are high production cost and volatility of end user industries. The availability of cheaper substitutes is also hampering the market growth.

Major player assessed in the report are :
– Cabot Corporation
– Aspen Aerogels
– Aerogel Technologies
– JIOS Aerogel Limited
– Surnano Aerogel Co.
– Svenska Aerogel AB
– Green Earth Aerogel Technologies
– More

Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.

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1. Aerogels Market By Product :
– Silica Aerogels
– Metal Oxide Aerogels
– Carbon Aerogels
– Others (Including Polymer Aerogels, Etc.)

2. Aerogels Market By End-User :
– Construction
– Oil & Gas
– Transportation
– Electronics
– Others (Including Pharmaceutical, Etc.)

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