Market Overview:
The global synthetic aerogel market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aerogels from various end-use industries such as oil and gas, building insulation, transportation, aerospace and defense materials, and other applications. In terms of type, the global synthetic aerogel market is segmented into aerogel felt, powder, and other types. Aerogel felt is expected to account for a major share of the global synthetic aerogel market during the forecast period owing to its high thermal insulation properties. In terms of application, oil and gas accounted for a major share of the global synthetic aerogel market in 2017.
Product Definition:
A synthetic aerogel is a porous, ultralight material derived from a gel, in which the liquid component of the gel has been replaced with a gas. It is among the lightest solid materials known, and it can be produced in large quantities.
Aerogel Felt:
Aerogel felt is a type of synthetic aerogel that has been developed to provide the feel of natural wool. It is made from polyacrylonitrile fibers and exhibits superior properties such as high thermal conductivity, low density, and low viscosity. Aerogel Felt can be used in various applications including insulation for hot & cold beverages, packaging for pharmaceuticals or food products along with cosmetics packaging owing to its non-corrosive nature.
Powder:
Powder is a dry, granular solid material that is made from fine particles of the same material. It can be produced using synthetic materials such as polymers and inorganic compounds. Powder has high surface area and low volume which increases its reactivity towards other substances. The most commonly used raw materials for producing powder are polymer or inorganic compound based, which are mixed with water to form a slurry; this mixture then undergoes spray drying to produce the final product.
Application Insights:
Building insulation was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. Aerogel is used as a insulating material in buildings owing to its excellent thermal and acoustic properties. It can be used for soundproofing, fire protection, space heating or cooling, and air conditioning applications. In addition, it finds several other uses including insulation of pipes in hydropower generation plants or tunnels on account of its high dielectric strength.
The oil & gas industry has been one of the major consumers of synthetic fibers due to their ability to reduce drag while increasing lift forces on drilling equipment such as helicopters and airplanes carrying liquid hydrocarbons at high temperatures without any risk of spills during transportation operations owing to their lightweight property along with other benefits such as increased fuel efficiency which helps operators conserve natural resources while operating more efficiently thereby driving demand further over the coming years.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2016. The region is expected to continue its dominance over the forecast period owing to increasing demand from various end-use industries, such as aerospace and defense, building and construction, automotive, energy and power.
The presence of major aircraft manufacturers including Airbus S.A., Rolls-Royce Holdings Plc., Dassault Aviation SA; Embraer S.A.; Alenia Aermacchi; Augusta Westland; AgustaWestland Ltd.; Eurocopter Group Inc.
Growth Factors:
- Increasing demand for lightweight and energy-efficient materials in various end-use industries such as aerospace, construction, automotive, and shipping
- Growing investments in R&D activities for the development of new applications of synthetic aerogel
- Rising awareness about the benefits of synthetic aerogel among consumers and businesses
- Proliferation of nanotechnology that is aiding in the development of better quality synthetic aerogels
- Increasing use of composites containing synthetic aerogel to improve performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Aerogel Market Research Report
By Type
Aerogel Felt, Powder, Other
By Application
Oil and Gas, Building Insulation, Transportation, Aerospace and Defense Materials, Other
By Companies
Aspen Aerogel Company, Cabot, Aerogel Technologies, Nano Technology Co., Ltd., Guangdong Alison High-tech Co., Ltd., Active Aerogels, Enersens, Jios Aerogel Corporation, Zhongning Technology, Guizhou Aerospace Wujiang Electromechanical, Aspen Aerogel Company, Xiamen Namite, Audemars Piguet and new materials, Kinner China
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Aerogel Market Report Segments:
The global Synthetic Aerogel market is segmented on the basis of:
Types
Aerogel Felt, Powder, Other
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
Oil and Gas, Building Insulation, Transportation, Aerospace and Defense Materials, 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:
- Aspen Aerogel Company
- Cabot
- Aerogel Technologies
- Nano Technology Co., Ltd.
- Guangdong Alison High-tech Co., Ltd.
- Active Aerogels
- Enersens
- Jios Aerogel Corporation
- Zhongning Technology
- Guizhou Aerospace Wujiang Electromechanical
- Aspen Aerogel Company
- Xiamen Namite
- Audemars Piguet and new materials
- Kinner China
Highlights of The Synthetic Aerogel 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 Felt
- Powder
- Other
- By Application:
- Oil and Gas
- Building Insulation
- Transportation
- Aerospace and Defense Materials
- 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 Synthetic Aerogel 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Synthetic Aerogel is a type of material that is made up of tiny air bubbles. These bubbles are so small that they can't be seen with the naked eye, but they are large enough to form a solid material when combined together. Synthetic Aerogel has many potential uses, including as an insulation material for buildings and as a replacement for glass in windows and other surfaces.
Some of the major players in the synthetic aerogel market are Aspen Aerogel Company, Cabot, Aerogel Technologies, Nano Technology Co., Ltd., Guangdong Alison High-tech Co., Ltd., Active Aerogels, Enersens, Jios Aerogel Corporation, Zhongning Technology, Guizhou Aerospace Wujiang Electromechanical, Aspen Aerogel Company, Xiamen Namite, Audemars Piguet and new materials, Kinner China.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Aerogel 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 Synthetic Aerogel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Aerogel 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 Synthetic Aerogel 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 Synthetic Aerogel Market Size & Forecast, 2018-2028
4.5.1 Synthetic Aerogel Market Size and Y-o-Y Growth
4.5.2 Synthetic Aerogel Market Absolute $ Opportunity
Chapter 5 Global Synthetic Aerogel 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 Synthetic Aerogel Market Size Forecast by Type
5.2.1 Aerogel Felt
5.2.2 Powder
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Synthetic Aerogel 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 Synthetic Aerogel Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Building Insulation
6.2.3 Transportation
6.2.4 Aerospace and Defense Materials
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Aerogel 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 Synthetic Aerogel 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 Synthetic Aerogel Analysis and Forecast
9.1 Introduction
9.2 North America Synthetic Aerogel 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 Synthetic Aerogel Market Size Forecast by Type
9.6.1 Aerogel Felt
9.6.2 Powder
9.6.3 Other
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 Synthetic Aerogel Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Building Insulation
9.10.3 Transportation
9.10.4 Aerospace and Defense Materials
9.10.5 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 Synthetic Aerogel Analysis and Forecast
10.1 Introduction
10.2 Europe Synthetic Aerogel 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 Synthetic Aerogel Market Size Forecast by Type
10.6.1 Aerogel Felt
10.6.2 Powder
10.6.3 Other
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 Synthetic Aerogel Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Building Insulation
10.10.3 Transportation
10.10.4 Aerospace and Defense Materials
10.10.5 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 Synthetic Aerogel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Synthetic Aerogel 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 Synthetic Aerogel Market Size Forecast by Type
11.6.1 Aerogel Felt
11.6.2 Powder
11.6.3 Other
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 Synthetic Aerogel Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Building Insulation
11.10.3 Transportation
11.10.4 Aerospace and Defense Materials
11.10.5 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 Synthetic Aerogel Analysis and Forecast
12.1 Introduction
12.2 Latin America Synthetic Aerogel 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 Synthetic Aerogel Market Size Forecast by Type
12.6.1 Aerogel Felt
12.6.2 Powder
12.6.3 Other
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 Synthetic Aerogel Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Building Insulation
12.10.3 Transportation
12.10.4 Aerospace and Defense Materials
12.10.5 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) Synthetic Aerogel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Synthetic Aerogel 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) Synthetic Aerogel Market Size Forecast by Type
13.6.1 Aerogel Felt
13.6.2 Powder
13.6.3 Other
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) Synthetic Aerogel Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Building Insulation
13.10.3 Transportation
13.10.4 Aerospace and Defense Materials
13.10.5 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 Synthetic Aerogel Market: Competitive Dashboard
14.2 Global Synthetic Aerogel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aspen Aerogel Company
14.3.2 Cabot
14.3.3 Aerogel Technologies
14.3.4 Nano Technology Co., Ltd.
14.3.5 Guangdong Alison High-tech Co., Ltd.
14.3.6 Active Aerogels
14.3.7 Enersens
14.3.8 Jios Aerogel Corporation
14.3.9 Zhongning Technology
14.3.10 Guizhou Aerospace Wujiang Electromechanical
14.3.11 Aspen Aerogel Company
14.3.12 Xiamen Namite
14.3.13 Audemars Piguet and new materials
14.3.14 Kinner China
