Aerogels Market | Aspen Aerogels Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies LLC (U.S.), Nano High-Tech Co. Ltd. (China)

Aerogel is a microporous, dense foam in which the liquid component is replaced by gas, making it the lightest solid. It exhibits high temperature resistance, low density, low optical index of refraction, low dielectric constant, high degree of porosity, high specific surface area, and thermal, acoustic, and impact damping properties. It can hold up to 4000 times its own weight. Aerogel sponge, can be recycled after use, thus indicating its ecological nature. Aerogel has important applications in the oil and gas, aerospace, healthcare, and electronic industries. High production cost and poor mechanical strength are major disadvantages of the aerogels market.

The multi-disciplinary use of aerogels across various sectors is a major driver for growth of the aerogel market. This has led to various technological advancements in the market. However, aerogels are found to irritate the eyes, skin, respiratory tract, and digestive system. Small silica particles can lead to silicosis when inhaled. This results in dehydration of the skin and eyes. Hence protective gear including respiratory protection, gloves, and eye goggles need to be worn while handling aerogels.

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Aerogels Market Taxonomy:

On the basis of type, the global aerogels market is classified into:

Silica
Polymer
Carbon
Graphene
Organic
Alumina
Others

On the basis of Form, the global aerogels market is classified into:

Blanket
Particle
Panel
Monolith

On the basis of Processing, the global aerogels market is classified into:

Virgin Aerogel
Fabricated Aerogel

Silica aerogel is the most used aerogel. It is used in important applications such as oil & gas, building insulation, automotive, aerospace, electronics, and others. The rising need for biodegradable products has been observed due to increasing awareness regarding environment protection. Aerogel proves to be an efficient alternative to conventional insulators as a result of its low thermal circulation, thus reducing the loss of energy and costs. Blankets are the most used form of aerogels as a result of its easy handling.

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Aerogels Market Outlook

In North America, the US is a major shale producer, enabling the use of aerogels in shale gas pipelines. This has resulted in North America being a major player in the shale market. NASA has successfully used aerogel as a hypervelocity particle capture and thermal insulator in its space missions. The U.S. is the top consumer of aerogel materials globally.

As the Middle East is a major oil exporter, the use of aerogels in its pipelines has increased. The Middle East has connections to various nations. The use of aerogels in its pipelines improves the ease of transport.

In Europe, the growth of the aerogel market depends mainly on the improving economies of countries such as the U.K. and Sweden. The subsequent increase in investment and technologies coupled with a rise in the number of new industrial establishments can lead to the development of Europe as a prominent market for aerogels.

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