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Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Global Aerogel Market System Market Outlook :
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Aerogel Market Overview
Aerogel is kind of mesoporous solid froth obtained by
replacement of the fluid element of the gel with a gas.
Aerogel is the world’s lightest solid and it has low thermal
conductivity element makes it an absolute building lining
material.
Global aerogels market was estimated at USD 312.5
Million in 2015 and is anticipated to reach USD 1,896.2
Million in 2021, with a compound annual growth rate
(CAGR) of 13.2% over the forecasted year 2015 to 2021.
Market Segmentation
By Application
On the basis of by application the global aerogel market is
segmented into:
Oil & gas
Marine & aerospace
Performance coatings
LVHS
Day-lighting
Automotive
Construction
By Product Types
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On the basis of by product types the global aerogel market
is segmented into:
Silica
Polymer
Carbon
By Forms
On the basis of by forms the global aerogel market is
segmented into:
Monolith
Blanket
Article
Panel form
By Process
On the basis of by forms the global aerogel market is
segmented into:
Virgin processed
Fabricated
By Region
On the basis of by region the global aerogel market is
segmented into:
North America
Latin America
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Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and challenges
Intensifying demand from the end users of aerogel for instance oil & gas, automotive, marine and aerospace, etc. Increasing globalization leading to an escalation in investments and new players in the industry are the factors which drive the growth of global aerogel market in near future.
In addition to that some characteristics of aerogel such as high insulation, cheap and rich in availability of the raw material are certain factors driving the growth of global aerogel market over the forecasted period i.e. 2015-2021.
High production cost and high investment are the major factors which restraints the growth of global aerogel market in the upcoming years.
Market Size and Forecast
In 2015, North America aerogel market accounted for
more than 60% of the global revenue share in 2015 and it
is anticipated that it will grow at a healthy rate owing to
growing demand from the automotive, aerospace and
marine industries.
Europe aerogel market is projected to grow at a compound
annual growth rate (CAGR) of 31.5% from 2015-2022 the
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market is anticipated raise owing to Severe guidelines for
environment safety and building and construction
strategies.
Asia Pacific aerogel market is estimate to be the most
profitable geographical market. The market is expected to
grow at a compound annual growth rate (CAGR) of 38.2%
from 2015 to 2021.
Key Players
Aspen Aerogels Inc.
Cabot Corporation
Aerogel Technologies LLC
BASF SE
Dow Corning Corporation.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
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Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Rest of World
Segmentation
By Application
By Product Type
By Forms
By Process
By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment.
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market-analysis-opportunity-outlook-2021/21