Press release
Aerogel Market Size to Expand at 10.2% CAGR, Reaching $1,688.18 Mn by 2030
The Global Aerogel Market is witnessing a significant surge due to its lightweight, eco-friendly, and highly insulating properties. The market was valued at US$ 855.36 Mn. in 2023 and is projected to grow at a CAGR of 10.2%, reaching USD 1688.18 Mn by 2030. The increasing adoption of aerogel across industries such as construction, automotive, and oil & gas is driving the market's expansion.๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/2350/
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam's aerogel market is gaining traction with rising adoption in construction and industrial insulation. Recent investments by ๐๐๐ญ๐ซ๐จ๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐๐ฌ in aerogel-based insulation systems for energy projects have highlighted the potential for market growth. Vietnam's focus on energy efficiency is driving demand for innovative insulation solutions.
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand is experiencing significant growth in aerogel applications, particularly in infrastructure and oil & gas projects. Collaborations between ๐๐๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง and ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ง๐. have spurred advancements in aerogel production for industrial use. Thailand's government initiatives in sustainable building materials are expected to further fuel market growth.
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan is focusing on high-performance aerogel technologies in automotive and electronics sectors. Leading companies like ๐๐ฌ๐๐ก๐ข ๐๐๐ฌ๐๐ข ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง and ๐๐๐๐จ๐ญ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are developing innovative aerogel products to meet growing demand. Japan's commitment to reducing carbon emissions is accelerating the adoption of aerogel in energy-efficient applications.
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea is seeing consolidation in its aerogel market, with mergers and acquisitions reshaping the competitive landscape. The acquisition of ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐จ๐ซ๐๐ by ๐๐ ๐๐ก๐๐ฆ has enhanced production capacities and technological advancements. The increased use of aerogel in construction and advanced manufacturing processes is driving demand.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/2350/
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore's aerogel market is thriving with innovations in smart insulation solutions for green buildings. Partnerships like those between ๐๐ซ๐ฆ๐๐๐๐ฅ๐ฅ and ๐๐ฌ๐ฉ๐๐ง ๐๐๐ซ๐จ๐ ๐๐ฅ๐ฌ have driven the development of sustainable aerogel products. Singapore's strategic role in the global supply chain amplifies the market's regional significance.
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The US remains a global leader in aerogel adoption, driven by its use in energy projects, aerospace, and automotive applications. Companies like ๐๐ฌ๐ฉ๐๐ง ๐๐๐ซ๐จ๐ ๐๐ฅ๐ฌ and ๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ are spearheading advancements in aerogel technology. Recent government investments in energy efficiency and green infrastructure projects further bolster market growth.
๐๐๐ซ๐จ๐ ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe's aerogel market is evolving with a focus on sustainable practices and circular economy initiatives. Companies such as ๐๐๐๐ ๐๐ and ๐๐ซ๐ฆ๐๐๐๐ฅ๐ฅ are leveraging technological innovations to produce eco-friendly aerogel products. EU regulations promoting energy-efficient construction materials are fueling the demand for aerogel in the region.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/2350/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Silica
Polymers
Carbon
Others
With over 68 percent of total revenue in 2023, the silica aerogel product segment led the aerogel market. The non-organic structures of the items, which are non-flammable and resistant to temperatures of up to 1,4000ยฐC, are mostly to blame for this. They therefore have excellent thermal insulation and heat endurance, which raises demand for them.Aerogel blankets with fiber reinforcements, which transform inelastic aerogels into robust, stretchy, and water-resistant textiles, are made from silica aerogel. It is anticipated that these nonflammable blankets made of silica aerogels will be very effective at stopping fires from spreading across homes, businesses, and other infrastructure.
๐๐ฒ ๐ ๐จ๐ซ๐ฆ
Blanket
Particle
Panel
Monolith
๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Oil & Gas
Building & Construction
Automotive & Transportation
Aerospace & Defense
Healthcare
Others
The oil and gas end-use category dominated the market in 2023 with a revenue share of over 65%. Pipelines and other systems are built, manufactured, and operated using aerogel, a flexible insulating material with high porosity, low density, low dielectric constant, and exceptional thermal insulation properties.In order to reduce production costs, boost pipeline compression resistance, and utilize less steel during construction, aerogel blankets are mainly used to improve the insulation of oil and gas pipelines and deep-sea pipes. Other benefits of the Aerogel insulators are its hydrophobicity, mechanical strength, and excellent thermal performance.
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
Supercritical Drying
Ambient Pressure Drying
Freeze Drying
Others
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-aerogel-market/2350/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Cabot Corp.
2. BASF SE
3. Nano Technology Co., Ltd.
4. Dow, Inc.
5. Enersens
6. Armacell International S.A
7. Active Aerogels
8. Aerogel Technologies LLC
9. Aspen Aerogel Inc.
10. JIOS Aerogel
11. Svenska Aerogel AB
12. Thermablok Aerogels Limited.
13. Green Earth Aerogel Technologies
14. TAASI Corporation
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
โฆ Global EV Platform Market https://www.maximizemarketresearch.com/market-report/global-ev-platform-market/71099/
โฆ Reusable Packaging Market https://www.maximizemarketresearch.com/market-report/reusable-packaging-market/133224/
โฆ Global Cloud Telephony Service Market https://www.maximizemarketresearch.com/market-report/global-cloud-telephony-service-market/26948/
โฆ Acoustic Sensors Market https://www.maximizemarketresearch.com/market-report/global-acoustic-sensors-market/6840/
โฆ Global Rotary Kiln Market https://www.maximizemarketresearch.com/market-report/global-rotary-kiln-market/94811/
โฆ Global Aluminum Flat-Rolled Products Market https://www.maximizemarketresearch.com/market-report/global-aluminum-flat-rolled-products-market/70845/
โฆ Global Laser Displacement Sensor Market https://www.maximizemarketresearch.com/market-report/global-laser-displacement-sensor-market/55104/
โฆ North America Smart Fleet Management Market https://www.maximizemarketresearch.com/market-report/north-america-smart-fleet-management-market/3139/
โฆ Legal Technology Market https://www.maximizemarketresearch.com/market-report/legal-technology-market/215553/
โฆ Fox Nuts Market https://www.maximizemarketresearch.com/market-report/fox-nuts-market/219395/
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