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Aerogels Market Size will Exceed US$ 1100 Million By 2023

10-09-2017 01:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRE Study

Aerogels Market

Aerogels Market

It is estimated that globally the aerogels market will rise at CAGR of a value greater than 18% during the period 2015-2023. In the year 2015, the value of the aerogels market stands at US $353.6 million. It is expected to reach a valuation of about US $1100.2 million by the end of 2023. The popularity of aerogel as an industrial item is because of its attributes (light weight, low thermal conductivity) and because of which the product is used as an effective insulating material. Secondly, the product is cost effective as they can be recycled conveniently. In recent times, extensive research on the product is aimed to enhance its popularity. However, there are certain restraining factors in the aerogel market. These include the high manufacturing cost of the product and poor mechanical strength.

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Aerogels is a gel like substance which has a fair degree of porosity and low thermal conductivity. Because of its attributes, it is used as an industrial product as an insulation material. The substance is used extensively in marine, oil and gas and automotive industries. The aerogel sponge is eco-friendly as it can be recycled and used. Besides their functional effectiveness, the other factor which makes these items ideal for industrial use is their cost effectiveness. It is estimated that globally the demand for these products will rise significantly when compared to current estimates. A report on the product includes a discussion about the important driving as well as restraint factors of Aerogels market; it includes a comprehensive study of the regional and global markets of various types of aerogel markets, discussion about the variations responsible for the growth of the industry in certain regions.

Prospects of Aerogel in the International Market

Segmentation in the Aerogel Market

The aerogel market is highly segmented. It is segmented on the basis of the raw materials used and that often includes silica, alumina, carbon and others. The market is segmented based on the product form particles, blankets, panels and blocks. The market is segmented on the basis of application, and they are "Building Insulation”, “Aerospace", "Oil and Gas Industry", "Chemicals, Electronic and Acoustic Insulation", "Automotive Thermal Management", "Health Care" and Other Applications. The aerogel market is segmented geographically. The market covers geographical areas like Europe, Asia pacific, North America, Latin America, Middle East and Africa. Each geographical area is further segmented to ensure that market revenue reaches to select countries like the US, UK, Canada, China, Germany, India, Japan, Brazil and other GCC countries.

Aerogel Report Offers a Study of Global and Regional Markets

The report on Aerogel includes a comprehensive study of the global and the regional markets for different types of aerogel markets. The report also highlights on the reasons for the variations in the region specific growth of the aerogel industry. The report offers an overview of the global aerogel market and related industries. It analyses global marketing trends, projections of CAGRs during the period through 2020, discusses research and development of the product, demand for new applications and products. Besides discussing the above, report on aerogel also discusses on the identification of new marketing opportunities, focus on promoting the product with the objective to create market for the product.

Key Players in Aerogel Industry

The report also discusses about the company profiles of important companies operating in the global aerogel market. Some of the important players in the Aerogel market include Cabot Corporation, Aspen Aerogel Inc, American Aerogel Corporation, Airglass AB, JIOS Aerogel, Active space technologies. In the company profile there is the summary section, the company and the financial summary, business strategy and planning, SWOT analysis.

Table of Contents

2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunity in Aerogel Market
4.2 Significant Aerogel Markets
4.3 Aerogel Market: Top Three Application Segments, 2013
4.4 Aerogel Market: By Form
4.5 Aerogel Market: By Type
4.6 Aerogel Market: By Processing
4.7 North America is the Largest Market for Aerogel
4.8 Market Attractiveness, By Country
4.9 Aerogel Market: By Application, 2014-2019
4.10 Aerogel Market: Life Cycle Analysis, By Region
4.11 Aerogel Market Trends & Forecast, By Region, 2012-2019
5 Market Overview
6 Industry Trends
7 Aerogel Market, By Type
8 Aerogel Market, By Form
9 Aerogel Market, By Processing
10 Aerogel Market, By Application
11 Aerogel Market, By Region
12 Competitive Landscape
13 Company Profiles
13.1 Introduction
13.2 Aspen Aerogels Inc.
13.3 Cabot Corporation
13.4 Aerogel Technologies LLC
13.5 Nano High-Tech Co. Ltd.
13.6 Guangdong Alison Hi-Tech Co. Ltd.
13.7 Active Aerogels
13.8 BASF SE
13.9 Enersens SAS
13.1 Jios Aerogel Corporation

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