Silica Aerogel Market 2017 to 2022 by Manufacturers, Growth, Trends, Regions, Type & Application, Forecast

the global silica aerogel market is expected to grow at a CAGR of 31.1% during the forecast period. The major factors driving the growth of the global market include superior thermal insulation and lighter alternative, environment-friendly material and a large base of end-use applications. Additionally, silica aerogel is a potential substitute for conventional insulation materials and its use in fabrication of apparels for low temperature weather has further boosted the demand for silica aerogel.

To Browse Full Report visit Here : www.psmarketresearch.com/market-analysis/silica-aerogel-market

The raw materials used for manufacturing silica aerogel materials are environment-friendly. Silica aerogel materials are similar to naturally-occurring minerals (silicates are abundantly available minerals on Earth) that do not emit or possess harmful chemicals. Silica aerogel sponges are recyclable, and therefore, are cost-effective and eco-friendly. These features increase its applicability in various industries such as aerospace, oil & gas, electronics, healthcare, electronics and building insulation.

Silica aerogel is a reusable solid that can be used consecutively for a chain of applications and disposed of safely. For example, silica aerogel blankets used in buildings for insulation can be recycled, by being processed as additives or composites for other applications such as plasters and coatings. Most of the conventional insulating materials are non-recyclable and non-biodegradable.

Request For Sample Pages : www.psmarketresearch.com/market-analysis/silica-aerogel-market/report-sample

The report finds that North America has been the largest market for silica aerogel. The ongoing research and development programs are propelling the regional growth in of silica aerogel. NASA, along with key industry players, has explored the use of diverse types of aerogel for multiple applications. With the financial assistance of NASA's Fundamental Aeronautics Program (Hypersonics and Subsonic Fixed Wing Projects) and the Exploration Systems Mission Directorate, NASA's Glenn Research Center has established methodologies that transform aerogel technology.

The key companies operating in the global silica aerogel market include BASF SE, The Dow Chemical Company, Cabot Corporation, Aspen Aerogels, Inc., Aerogel Technologies, LLC, JIOS Aerogel Corporation, Svenska Aerogel Holding AB, MAERO TECH SDN BHD and Ocellus Inc.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

This release was published on openPR.