11.6% Growth Rate for Aerogel Market by 2022 | Global Forecast, Trends, Opportunity and Industry Analysis

According to Market Study Report, Aerogel Market provides a comprehensive analysis of the Aerogel Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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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. This report spread across 134 Pages, Profiling 10 Companies and Supported with 96 Tables and 50 figures are now available in this research.

Top Key Players Profiled in the Aerogel Market:
• Diab Group (Sweden)
• Hexcel Corporation (US)
• Schweiter Technologies (Switzerland)
• Euro Composites (Luxembourg)
• Gurit Holding (Switzerland)
• The Gill Corporation (US)
• Changzhou Tiansheng New Materials Co. Ltd. (China)
• Plascore Incorporated (US)
• Armacell International (Luxembourg)
• Evonik Industries (Germany)

The polymer aerogel market is projected to register the highest CAGR between 2017 and 2022. Higher demand for polymer aerogels is due to their higher mechanical strength than silica aerogels. Additionally, the strong thermal resistance of polymer aerogels is expected to drive the market during the forecast period.

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By processing, the composites segment is projected to be the fastest-growing segment in the aerogel market between 2017 and 2022. High growth in this segment is mainly driven by the increased focus on R&D and demand from various applications including performance coating and day-lighting & LVHS.

Breakdown of primary participants’ profile:
• 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%

Competitive Landscape of Aerogel Market:
1 Introduction
2 Competitive Situations and Trend
2.1 Contract & Agreement
2.2 Expansion
2.3 New Product Launch
2.4 Joint Venture
3 Market Ranking
3.1 Aspen Aerogels
3.2 Cabot Corporation
3.3 Aerogel Technologies

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Reason to access this report:
• Market segmentation based on type, form, processing, application, and region and their sub segments
• Market dynamics including drivers, restraints, and opportunities
• Value chain analysis
• Porter’s Five Forces analysis with respect to the aerogel market
• Profile of the key players in the aerogel market

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This release was published on openPR.