Press release
Silica Aerogel Market is forecasted to reach USD 60.27 Mn by 2030, demonstrating a robust CAGR of 9.1 Percentage
Silica Aerogel Market was valued US$ 32.76 Mn in 2023 and is expected to reach US$ 60.27 Mn by 2030, at a CAGR of 9.1% during a forecast period.๐๐ข๐ฅ๐ข๐๐ ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Silica aerogel is a lightweight, porous material derived from gel in which the liquid component is replaced with gas, making it highly efficient as a thermal insulator, particularly at low temperatures. This versatile material is gaining traction across multiple industries, including oil and gas, construction, and automotive, owing to its exceptional properties like low thermal conductivity and chemical inertness. The market is poised for significant growth driven by rapid urbanization, infrastructure development, and advancements in industrial applications. Additionally, its utility in heavy metal removal and glass production further underscores its growing demand globally, with regions like Asia-Pacific and North America emerging as key markets due to robust industrial activities and technological adoption.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/70767/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ฅ๐ข๐๐ ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ:
The silica aerogel market is driven by increasing demand from industries such as oil and gas, construction, and automotive due to its superior insulating properties, high surface area, and lightweight nature. The ongoing expansion in urbanization and infrastructure development has amplified the use of silica aerogel for applications like building insulation and glassmaking. Furthermore, its adoption in the oil and gas sector for pipe insulation and petrochemical processes is bolstered by its chemical inertness and low thermal conductivity. Innovations in technology and significant investments in construction and energy sectors in both developed and emerging economies are further propelling market growth.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ฅ๐ข๐๐ ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ฅ๐ข๐๐ ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
Vietnam is emerging as a dynamic market for silica aerogel applications, particularly in construction and infrastructure. With robust government investments in urban development and smart city initiatives, the demand for advanced insulation materials is expected to surge. Recent collaborations include Southeast Asia Materials Ltd. partnering with local construction firms to deploy aerogel-based panels for eco-friendly buildings.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/70767/
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ฅ & ๐๐๐ฌ ๐๐๐๐ญ๐จ๐ซ
Thailand's thriving oil & gas sector presents significant opportunities for silica aerogel manufacturers. Its adoption in pipeline insulation and refineries is increasing, driven by the need to reduce energy losses. PTT Public Company Limited, in collaboration with regional suppliers, has initiated projects incorporating aerogel technologies for enhanced efficiency in oil transportation and storage.
๐๐๐ฉ๐๐ง: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง
Japan is a leader in sustainable construction and energy efficiency trends, contributing to the rising demand for silica aerogels. Companies like Asahi Kasei Corporation are pioneering aerogel integration in earthquake-resistant and energy-efficient building projects. The country's stringent energy regulations further bolster the adoption of aerogels in retrofitting old buildings.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ
South Korea's silica aerogel market is witnessing consolidation, with leading players forming strategic partnerships to enhance production capabilities. For instance, LG Chem recently acquired Advanced Thermal Solutions, a U.S.-based aerogel manufacturer, to cater to the growing demand in the domestic and international markets. The focus on green technologies is also accelerating the adoption of aerogels in industrial applications.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐ซ๐ข๐ง๐
Singapore's robust aerospace and marine sectors are unlocking new opportunities for silica aerogel applications. Companies like ST Engineering are leveraging aerogels for insulation in aircraft and ships to enhance fuel efficiency and reduce weight. The country's innovation-driven economy and government incentives for green technologies further support this growth.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ง ๐๐ฒ ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐๐ญ๐จ๐ซ๐ฌ
The U.S. remains a major player in the global silica aerogel market, driven by its well-established construction and renewable energy industries. Recent developments include Cabot Corporation expanding its aerogel production facilities in Texas to meet growing demand for energy-efficient insulation solutions. Federal policies promoting sustainable building practices are also boosting market growth.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ซ๐๐๐ง ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
Europe's focus on sustainability and stringent energy-efficiency regulations are propelling the demand for silica aerogels. Countries like Germany, France, and the U.K. are leading the adoption of aerogel-based insulation materials in commercial and residential construction. Aspen Aerogels has announced strategic partnerships with European distributors to expand its footprint in the region.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐ฌ๐ฉ๐๐ง ๐๐๐ซ๐จ๐ ๐๐ฅ๐ฌ' acquisition of Industrial Nanotech to expand its market footprint in Asia-Pacific.
๐๐๐๐จ๐ญ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง'๐ฌ partnership with regional players in Southeast Asia, focusing on capacity building and localization strategies.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/70767/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ฅ๐ข๐๐ ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ:
by Form
Monolith
Blanket
Panel
Others
by Application
Building Insulation
Oil & Gas
Aerospace
Automobile
Healthcare
Defence
Other
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-silica-aerogel-market/70767/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐ฅ๐ข๐๐ ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Green Earth Aerogel Technologies
2. Guangdong Alison Hi-Tech
3. Jios Aerogel Corporation
4. Insulgel High-Tech
5. Guizhou Aerospace
6. Aspen Aerogels
7. Cabot Corporation
8. Aerogel Technologies
9. Nano High-Tech
10. Active Aerogels
11. Enersens
12. Dow Chemical Company
13. BASF SE
14. Svenska Aerogel Holding AB
15. Ocellus Inc
16. Maero Tech Sdn Bhd
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐. ๐๐๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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