Press release
Aerogels Market Should Reach USD612.4 million Till Year 2020
The global market for aerogel-based products reached $186.8 million in 2014 and $213.6 million in 2015. The market should reach $612.4 million in 2020, demonstrating a compound annual growth rate (CAGR) of 23.4% from 2015 to 2020.
The thermal and acoustic insulation sector reached $178.4 million in 2015. The market should reach $504.5 million in 2020 at a CAGR of 23.1% from 2015 to 2020.
The life science and personal care sector reached $20.0 million in 2015 and should reach $32.7 million in 2020, growing at a CAGR of 10.3% from 2015 to 2020.
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Report Includes
Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
Discussion of technological issues, including the latest process developments.
Examination of the industry on a worldwide basis from the standpoints of both manufacturing and consumption, as well as commercial and public research activities in major regions of the world.
Delineation of current and emerging applications of aerogels identified and divided by sector (i.e., thermal and acoustic insulation, electronics, chemical and environmental, medical/ biological/pharmaceutical/personal care, sensors and instrumentation, energy, aerospace and space exploration, consumer, and defense).
A breakdown of the global industry structure, including a complete list of suppliers with descriptions of their products and company profiles.
A patent analysis by region, country, assignee, category, application, and material type.
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Report Scope
This report provides an updated review of aerogel technology, including materials and fabrication processes, and identifies current and emerging applications for aerogels.
BCC Research determines the current market status for aerogels, defines trends, and presents growth forecasts for the next five years. The aerogel market is based on the following segments: material, shape, application and region. In addition, technological issues, including key events and the latest process developments, are discussed.
More specifically, the market analysis conducted by BCC Research for this report is divided into five sections.
In the first section, an introduction to the topic and a historical review of aerogel technology are provided, including an outline of recent events. In this section, current and emerging applications of aerogels are also identified and divided by sector (i.e., thermal and acoustic insulation, electronics and optoelectronics, chemical/mechanical/environmental, life science and personal care, sensors and instrumentation, energy, aerospace and space exploration, consumer products, defense and others).
The second section provides a technological review of aerogels. This section offers a revised and detailed description of aerogel materials, properties, shapes and sizes, aerogel fabrication methods and recent process upgrades. This section concludes with an analysis of the most important technological developments since 2013, including examples of significant patents recently issued or applied for, as well as highlighting the most active research organizations operating in this field.
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The third section entails a global market analysis of aerogels. Global revenues (sales data in millions of dollars) are presented for each segment (shape, material, application and region) with actual data for the years 2013 and 2014, and estimated revenues for 2015.
The analysis of current revenues for aerogel-based products is followed by a detailed presentation of market growth trends based on industry growth, technological trends, unit price trends and regional trends. The third section concludes by providing projected aerogel revenues within each segment, together with forecast compound annual growth rates (CAGRs) for 2015 through 2020.
In the fourth section of the report, which covers global industry structure, the report offers a list of the leading suppliers of aerogels, together with a description of their products. The analysis includes a description of the geographical distribution of these firms and an evaluation of other key industry players. Detailed company profiles of the top players are also provided.
The fifth and final section includes an extensive U.S. patent analysis, with a summary of patents related to aerogel materials, formulations, fabrication processes and applications. The patents examined in this study were issued from 2013 to 2015. Patent analysis is performed by region, country, assignee, patent category, application and material type.
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