Aerogel Market Set to Achieve 10.2% CAGR by 2030

𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐬 𝐑𝐨𝐛𝐮𝐬𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

The global aerogel market is poised for significant expansion, driven by its exceptional properties and increasing applications across various industries. Valued at approximately USD 855.36 million in 2023, the market is projected to reach USD 1688.18 million by 2030, exhibiting a compound annual growth rate (CAGR) of 10.2% during the forecast period.

𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Aerogels are highly porous, lightweight materials renowned for their superior thermal insulation and low density. They find applications in sectors such as oil and gas, construction, automotive, and aerospace. The growing emphasis on energy efficiency and sustainability has further propelled the demand for aerogels globally.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑬𝒎𝒆𝒓𝒈𝒊𝒏𝒈 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒊𝒏 𝑪𝒐𝒏𝒔𝒕𝒓𝒖𝒄𝒕𝒊𝒐𝒏-𝑽𝒊𝒆𝒕𝒏𝒂𝒎:

Vietnam's rapid urbanization and infrastructure development have opened avenues for aerogel applications in the construction sector. The material's thermal insulation properties align with the country's increasing focus on energy-efficient building solutions.

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑮𝒓𝒐𝒘𝒕𝒉 𝒊𝒏 𝑻𝒉𝒂𝒊𝒍𝒂𝒏𝒅:

Thailand's robust automotive industry presents significant growth potential for aerogels, particularly in enhancing vehicle insulation and reducing weight. The push towards electric vehicles further amplifies this opportunity, given aerogels' role in thermal management of batteries.

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝑱𝒂𝒑𝒂𝒏:

Japan's commitment to technological innovation has led to increased adoption of advanced materials like aerogels. Applications span from electronics to construction, driven by the material's unique properties and the country's focus on sustainable development.

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑶𝒑𝒑𝒐𝒓𝒕𝒖𝒏𝒊𝒕𝒊𝒆𝒔 𝒊𝒏 𝑺𝒐𝒖𝒕𝒉 𝑲𝒐𝒓𝒆𝒂:

South Korea's electronics and construction sectors are exploring aerogel applications to enhance product performance and energy efficiency. The material's lightweight and insulating properties make it suitable for various high-tech applications.

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑻𝒓𝒆𝒏𝒅𝒔 𝒊𝒏 𝑺𝒊𝒏𝒈𝒂𝒑𝒐𝒓𝒆:

Singapore's emphasis on green building initiatives has led to the incorporation of aerogels in construction projects. The material's superior insulation capabilities contribute to the city's sustainability goals and energy efficiency standards.

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑮𝒓𝒐𝒘𝒕𝒉 𝒊𝒏 𝑼𝒏𝒊𝒕𝒆𝒅 𝑺𝒕𝒂𝒕𝒆𝒔:

The U.S. remains a significant market for aerogels, particularly in the oil and gas industry. The material's thermal insulation properties are crucial for pipeline insulation and other energy infrastructure applications.

𝑨𝒆𝒓𝒐𝒈𝒆𝒍 𝑴𝒂𝒓𝒌𝒆𝒕 𝑪𝒐𝒏𝒔𝒐𝒍𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝒂𝒏𝒅 𝑹𝒆𝒄𝒆𝒏𝒕 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕𝒔 𝒊𝒏 𝑬𝒖𝒓𝒐𝒑𝒆:

Europe has witnessed market consolidation, with key players engaging in mergers and acquisitions to expand their product portfolios and market reach. For instance, 𝐀𝐫𝐦𝐚𝐜𝐞𝐥𝐥 announced its collaboration with 𝐬𝐦𝐚𝐫𝐭𝐌𝐄𝐋𝐀𝐌𝐈𝐍𝐄 𝐚𝐧𝐝 𝐌𝐞𝐥𝐚𝐦𝐢𝐧𝐞 𝐝.𝐝., aiming to enhance its aerogel product offerings.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬
𝐀𝐬𝐩𝐞𝐧 𝐀𝐞𝐫𝐨𝐠𝐞𝐥𝐬, 𝐈𝐧𝐜. launched 'Pyrogel HPS,' a technology that provides better economic performance and thermal conductivity.

𝐒𝐯𝐞𝐧𝐬𝐤𝐚 𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐀𝐁 received an order for 1 ton of Quartzene from the Italian distributor Krahn, intended for a new thermal insulation product in the Building & Construction segment.
𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Silica
Polymers
Carbon
Others

𝐛𝐲 𝐅𝐨𝐫𝐦

Blanket
Particle
Panel
Monolith

𝐛𝐲 𝐄𝐧𝐝-𝐮𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Oil & Gas
Building & Construction
Automotive & Transportation
Aerospace & Defense
Healthcare
Others

𝐛𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲

Supercritical Drying
Ambient Pressure Drying
Freeze Drying
Others

𝐖𝐚𝐧𝐭 𝐚 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬? 𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐭𝐡𝐞 𝐬𝐮𝐦𝐦𝐚𝐫𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.maximizemarketresearch.com/request-sample/2350/

𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐚𝐣𝐨𝐫 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

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

𝐃𝐢𝐯𝐞 𝐢𝐧𝐭𝐨 𝐏𝐨𝐩𝐮𝐥𝐚𝐫 𝐃𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧𝐬:

India Frozen Food Packaging Market https://www.maximizemarketresearch.com/market-report/india-frozen-food-packaging-market/21550/

Global Computer on Module Market https://www.maximizemarketresearch.com/market-report/global-computer-on-module-market/39135/

Global Relational Database Management System Market https://www.maximizemarketresearch.com/market-report/global-relational-database-management-system-market/90652/

Membership Management Software Market https://www.maximizemarketresearch.com/market-report/global-membership-management-software-market/16047/

Global Data Enrichment Solutions Market https://www.maximizemarketresearch.com/market-report/global-data-enrichment-solutions-market/94203/

Electronic navigational charts market https://www.maximizemarketresearch.com/market-report/electronic-navigational-charts-market/79180/

Global Fecal Microbiota Transplantation (FMT) Market https://www.maximizemarketresearch.com/market-report/global-fecal-microbiota-transplantation-fmt-market/91371/

Global Heat Sinks Market https://www.maximizemarketresearch.com/market-report/heat-sinks-market/11450/

Avocado-Based Products Market https://www.maximizemarketresearch.com/market-report/avocado-based-products-market/194889/

Power MOSFET Market https://www.maximizemarketresearch.com/market-report/global-power-mosfet-market/35689/

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This release was published on openPR.