Market Overview:
The global Aerogel Technology market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aerogel technology in various applications such as construction, industrial, government, academic and aerospace. Additionally, the growing awareness about the benefits of using aerogel technology is also contributing to the growth of this market. Some of the major players operating in this market are Aspen Aerogels (US), Cabot Corporation (US), JIOS Aerogel Corporation (South Korea), NanoPore Incorporated (US) and Svenska Cellulosa Aktiebolaget SCA AB(Sweden).
Product Definition:
Aerogel Technology is the usage of Aerogels in various applications. These applications can include anything from insulation to oil spill cleanup. The importance of Aerogel Technology can vary depending on the application, but in general, it is very important because it can improve efficiency and save money or time.
Aerogel Powders:
Aerogel powders are made up of nanofibers and have a wide range of applications in the aerogel technology market. Aerogels are solid, hollow particles that can be used as an alternative to air or gas in many applications. They possess unique properties such as low density, high thermal conductivity & heat capacity along with excellent mechanical strength and lightweight which makes them very useful for various technological processes.
Aerogel Granules:
Aerogel granules are made from a gel-like substance that is produced using a variety of organic compounds. The most common raw materials used to make aerogel granules include polyacrylonitrile, carboxymethyl cellulose and gelatin. Aerogel technology market includes applications such as gas separation, filtration & absorption, thermal insulation & heat shield for space travel and medical implants.
Application Insights:
The construction application segment led the global aerogel technology market in 2017. The product is used as insulation material for cold chain transportation and storage applications in the food industry. In addition, it is also used to reduce thermal conductivity between 0.2 and 10 W/m-K which makes it suitable for use in building & construction applications where high thermal insulation properties are required.
Aerogels have a wide range of potential uses across several industries including automotive, electronics, medical devices & cosmetics due to their excellent mechanical strength (modulus), electrical resistivity (permittivity) and thermal insulating properties (kappa). These unique characteristics make them an ideal material for a wide range of end-use industries that require lightweight yet durable components with superior mechanical strength and flexibility at lower costs compared to conventional materials such as glass or ceramic fibers.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and research centers. The region is expected to maintain its dominance over the forecast period due to technological advancements, high disposable income, and growing awareness about green building materials.
The Asia Pacific regional market for aerogel technology is anticipated to grow at a significant rate during the forecast period from 2018 to 2030. This can be attributed primarily to rising investments by governments in infrastructural development across emerging economies such as India and China along with other South East Asian countries. In addition, increasing demand for low-cost construction materials coupled with rapid industrialization will drive product demand further over this period.
Growth Factors:
- Increasing demand for Aerogel Technology in the insulation and construction industries due to its superior thermal insulation properties.
- Growing demand for Aerogel Technology from the oil and gas industry as a result of its ability to reduce energy consumption in various processes.
- Rising use of Aerogel Technology in aerospace and defense applications due to its excellent thermal, acoustic, and mechanical properties.
- Increasing adoption of Aerogel Technology by automotive manufacturers for use in lightweighting applications.
- Growing popularity of Aerogel Technology among consumers owing to its high performance-to-price ratio
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerogel Technology Market Research Report
By Type
Aerogel Powders, Aerogel Granules
By Application
Construction, Industrial, Government, Academic, Aerospace, Other
By Companies
BASF, Aerogel Technologies, Aspen Aerogels, Cabot Corporation, Aerogel UK, Active Aerogels, Enersens, Green Earth Aerogel Technologies, Guangdong Alison Hi-Tech, Guizhou Aerospace Wujiang Electro-Mechanical Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Aerogel Technology Market Report Segments:
The global Aerogel Technology market is segmented on the basis of:
Types
Aerogel Powders, Aerogel Granules
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Industrial, Government, Academic, Aerospace, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Aerogel Technologies
- Aspen Aerogels
- Cabot Corporation
- Aerogel UK
- Active Aerogels
- Enersens
- Green Earth Aerogel Technologies
- Guangdong Alison Hi-Tech
- Guizhou Aerospace Wujiang Electro-Mechanical Equipment
Highlights of The Aerogel Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aerogel Powders
- Aerogel Granules
- By Application:
- Construction
- Industrial
- Government
- Academic
- Aerospace
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerogel Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerogel is a type of material that can be used in many different ways, including as insulation, as a filter for air and water, and even as a light weight material. Aerogels are made up of tiny air bubbles that make them incredibly lightweight and strong. They are also very heat resistant so they can be used in areas where temperatures get high or cold.
Some of the key players operating in the aerogel technology market are BASF, Aerogel Technologies, Aspen Aerogels, Cabot Corporation, Aerogel UK, Active Aerogels, Enersens, Green Earth Aerogel Technologies, Guangdong Alison Hi-Tech, Guizhou Aerospace Wujiang Electro-Mechanical Equipment.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerogel Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aerogel Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aerogel Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aerogel Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aerogel Technology Market Size & Forecast, 2018-2028
4.5.1 Aerogel Technology Market Size and Y-o-Y Growth
4.5.2 Aerogel Technology Market Absolute $ Opportunity
Chapter 5 Global Aerogel Technology Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aerogel Technology Market Size Forecast by Type
5.2.1 Aerogel Powders
5.2.2 Aerogel Granules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aerogel Technology Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aerogel Technology Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Industrial
6.2.3 Government
6.2.4 Academic
6.2.5 Aerospace
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerogel Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerogel Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aerogel Technology Analysis and Forecast
9.1 Introduction
9.2 North America Aerogel Technology Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aerogel Technology Market Size Forecast by Type
9.6.1 Aerogel Powders
9.6.2 Aerogel Granules
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aerogel Technology Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Industrial
9.10.3 Government
9.10.4 Academic
9.10.5 Aerospace
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aerogel Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Aerogel Technology Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aerogel Technology Market Size Forecast by Type
10.6.1 Aerogel Powders
10.6.2 Aerogel Granules
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aerogel Technology Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Industrial
10.10.3 Government
10.10.4 Academic
10.10.5 Aerospace
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aerogel Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aerogel Technology Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aerogel Technology Market Size Forecast by Type
11.6.1 Aerogel Powders
11.6.2 Aerogel Granules
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aerogel Technology Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Industrial
11.10.3 Government
11.10.4 Academic
11.10.5 Aerospace
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aerogel Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Aerogel Technology Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aerogel Technology Market Size Forecast by Type
12.6.1 Aerogel Powders
12.6.2 Aerogel Granules
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aerogel Technology Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Industrial
12.10.3 Government
12.10.4 Academic
12.10.5 Aerospace
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aerogel Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aerogel Technology Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aerogel Technology Market Size Forecast by Type
13.6.1 Aerogel Powders
13.6.2 Aerogel Granules
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aerogel Technology Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Industrial
13.10.3 Government
13.10.4 Academic
13.10.5 Aerospace
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerogel Technology Market: Competitive Dashboard
14.2 Global Aerogel Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Aerogel Technologies
14.3.3 Aspen Aerogels
14.3.4 Cabot Corporation
14.3.5 Aerogel UK
14.3.6 Active Aerogels
14.3.7 Enersens
14.3.8 Green Earth Aerogel Technologies
14.3.9 Guangdong Alison Hi-Tech
14.3.10 Guizhou Aerospace Wujiang Electro-Mechanical Equipment
