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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

Published Date : February 2019 | Report Id : CHM118 | Format : Word, pdf,ppt pdf,excel | Slides : 157
Report Type : Syndicate Report

The aerogel market was valued at USD 1.85 Billion in 2018 and is expected to reach USD 13.49 Billion by 2026 growing at a Compound Annual Growth Rate (CAGR) of 24.7% from 2018 to 2026. 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 within the building are further estimated to create new necessities and augment the market of growth over the forecast period of 2018-2026.


Aerogel Market Analysis


Construction segment is estimated to witness significant growth

The aerogel market has been 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. 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.

North America holds the largest market share by region

The global aerogel market has been geographically segmented into Asia-Pacific, Europe, North America, Latin America, the Middle East and Africa region. In addition to this, North America region holds the largest market share. The reason may be attributed 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.


/Global Aerogel Market Segmentation by Geography Region


Major Players in Aerogel Market

Some of the key 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: 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

o    U.S.

o    Canada

o    Mexico

                     Europe

o    U.K.

o    France

o    Germany

o    Italy

o    Rest of Europe

                     Asia Pacific

o    India

o    China

o    Japan

o    Rest of Asia Pacific

                     Middle East and Africa

o    South Africa

o    Rest of Middle East and Africa

                     Latin America

o    Brazil

o    Rest of Latin America

Note: This table of contents is a content of a published report. As per client requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of paid customization. Please place your queries on sales@sheeranalyticsandinsights.com or query@sheeranalyticsandinsights.com

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