Aerogel Market by Type, Form, Processing, Application - Global Forecast to 2022

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“The aerogel market is projected to register a CAGR of 11.6% during the forecast period”

The aerogel market is estimated at USD 453.0 million in 2017 and is projected to reach USD 785.4 million by 2022, at a CAGR of 11.6% between 2017 and 2022. The growth of the aerogel market is primarily attributed to its superior thermal resistance than conventional insulation materials. In addition, its thinner and lighter nature coupled with being an environmentally friendly material is expected to further fuel the demand for aerogel between 2017 and 2022. However, factors such as its high manufacturing cost and poor mechanical strength are expected to restraint its demand during the forecast period.

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The target audiences for the aerogel market report are:
1. Manufacturers of Aerogel
2. Raw Material Suppliers
3. Investment Banks
4. Distributors of Aerogel
5. Government Bodies

“APAC projected to be fastest-growing market during the forecast period”

By region, the aerogel market in APAC is projected to register the highest CAGR between 2017 and 2022. This high growth is expected to be driven by the emerging players in the region and increasing demand from the construction, automotive, and aerospace applications.

Breakdown of profiles of primary interviews for the report
• By Company Type – Tier 1–37%, Tier 2–50%, and Tier 3–13%
• By Designation – C Level–50%, Director Level–31%, and Others–19%
• By Region – North America–28%, Europe–22%, APAC–17%, Middle East & Africa–28%, and South America–5%

Some of the key companies profiled in this report are Aspen Aerogels (US), Cabot Corporation (US), Aerogel Technologies (US), Nano High-Tech (China), Guangdong Alison Hi-Tech (China), Active Aerogels (Portugal), Enersens (France), Jios Aerogel (South Korea), BASF (Germany), and Svenska Aerogel (Sweden).

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The aerogel market has been segmented on the basis of type, form, processing, application, and region. On the basis of type, the market has been sub segmented into silica, polymer, carbon, and others (metal, metal oxides, metal chalcogenides, carbides, and quantum dots). Based on form, the market has been sub segmented into blanket, particle, panel, and monolith. Based on processing, the market has been sub segmented into virgin (as manufactured), composites, and additives. Based on application, the market has been segmented into oil & gas, construction, transportation (automotive, aerospace, and marine), performance coating, day-lighting and LVHS, and others (pharmaceuticals, industrial & cryogenics, military & defense, consumer appliances, personal care & cosmetics, clothing & outdoor gears, and research activities).The market has also been segmented on the basis of regions into APAC, Europe, North America, the Middle East & Africa, and South America.

Key Benefits of Aerogel Market Report:

This report covers the following studies:
1. Market segmentation based on type, form, processing, application, and region and their sub segments
2. Market dynamics including drivers, restraints, and opportunities
3. Value chain analysis
4. Porter’s Five Forces analysis with respect to the aerogel market
5. Profile of the key players in the aerogel market

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