Aerogel Market Will Record an Upsurge in Revenue during 2021-2026

November 18, 2021

Nov 18, 2021

Stratview Research has recently published a report Aerogel Market is Segmented by Type (Silica Aerogel, Polymer Aerogel, Carbon Aerogel, and Others), by Form Type (Blanket, Particle, Panel, and Monolith), by Processing Type (Virgin Aerogels, Composites, and Additives), by Application Type (Oil & Gas, Construction, Transportation, Performance Coating, Day-Lighting & LVHS, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). The objective of the market experts at Stratview Research is to conduct a thorough analysis of the ‘Aerogel Market’ and put a detailed knowledge about the industry and business attractiveness, revenue, market size, segmentation, growth and restraining factors so that the user gets in depth information about the industry and the business from a past, current and a future perspective and can potentially invest capital for further growth.

Additionally, the report covers a variety of established and emerging start-ups and organisations operating in the industry. As a result, the report provides a comparative analysis by presenting the user with various aspects of the markets discussed in the report.

Covid-19 Analysis -

Nationwide lockdowns have impacted, and halted productions, supply of raw materials sourcing disruption has affected the balance in the supply of finished products. This report aims to cover all the aspects of how the pandemic has affected the business in the Aerogel Market and how has the subsequent lockdowns inflamed the industry scenario and what are the areas that needs urgent action and re-planning.

 

To get a sample copy of this report, click here: https://www.stratviewresearch.com/Request-Sample/681/aerogel-market.html#form

 

Segment-wise analysis

The report encompasses in-depth segmentations like regional segmentation, segmentation by product types, application-wise segmentation, geographical segmentation and thereby gives the user an overview of the effectiveness of the segmentation by various classes.

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.

 

Market Insights

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.

 

Key Players in the Aerogel Market:

The supply chain of this market comprises several nodes including raw material suppliers, seals manufacturers, tier players, aircraft and engine OEMs, airlines, aircraft leasing companies, and MRO companies. The following are the key players in the Aerogel Market:[AR1] 

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

 

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What we do-

Stratview Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients existing globally. We at Stratview Research are obliged to serve our diverse customer base present across the industries of Aerospace, Oil and Gas, Automotive, and Chemicals, etc. among various other industries present around the world. We strive to provide our customers with updated information on ground-breaking technologies, high growing markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

 

Author : Emily