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Aerogel Market Size to Boost US$1.2 Billion By 2027 | CAGR 9.2% – IndustryARC

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Aerogel Market Size to Boost US$1.2 Billion By 2027 | CAGR 9.2% – IndustryARC

September 17
05:48 2022
Aerogel Market Size to Boost US$1.2 Billion By 2027 | CAGR 9.2% - IndustryARC
Market Research Reports, Business Consulting Services & Analytics
The Construction Activities Have Been Increasing and The Trend is Likely to Continue Due to the Increasing Demand, Which Will then Drive Aerogel Market Growth.

Aerogel Market size is forecast to reach US$1.2 billion by 2026, after growing at a CAGR of 9.2% during 2021-2026. Aerogels are a diverse class of ultralow synthetic material derived from a gel, in which the liquid component of the gel is replaced with gas by supercritical drying. The demand for silica aerogel as thermal insulation materials from the oil & gas, construction, transportation, performance coating, and other industries is driving the market. The Aerogel Market report by IndustryARC covers complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

 

Competitive Landscape:

The top 5 players in the Aerogel Industry are –

1. Aspen Aerogels

2. Cabot Corporation

3. Aerogel Technologies

4. Nanotech Co. Ltd.

5. Armacell

 

Interested in knowing more relevant information? Click here:

https://www.industryarc.com/pdfdownload.php?id=15381

 

Segmental Analysis :

1. Blanket material has a clear value proposition. Blanket materials are used in a variety of industries, including oil and gas, construction, automotive, marine, and aerospace because their flexible physical structure allows them to be cut and modified to meet specific requirements.

2. Silica was the first commercially available type of aerogel. Because of their ultra-low weight and transparency, silica aerogel materials are particularly appealing. Many applications are compatible with a visibly transparent super-insulating material.

3. These aerogels can be used in industrial applications without any additional processing or modifications, and they are used in the same form as those produced by aerogel manufacturers.

4. The thermal insulation segment held a significant share in the aerogel market in 2020. Aerogel’s solid component is made up of tiny, three-dimensional clusters that are intertwined. They makeup only 3% of the total volume and are poor conductors.

 

Report Coverage

Report Attributes

Details

By Form

Blanket, Particle, Block, Tiles, Panels

By Type

Silica Aerogels, Carbon Aerogels, Metal Oxides Aerogels, Organic Aerogels, Metal Aerogels, Cellulose Aerogels

By Application

Electronic Components, Thermal Insulation, Foundry Technology, Superlight Composites, Desalination System, Drug Delivery, Paints, Solar Devices, Skylight & Windows, Aircraft Structural Components, Armor, Membranes, Thin-film Coatings, Nuclear Weapons, Catalysts

By End-Use Industry

Apparel & Sportswear (Tennis Rackets, Security Shoes, Sports Shoes, and Others), Energy Generation, Electrical & Electronics (Capacitors, Sensors, Batteries, Fuel Cells, IR Detectors, and Others), Personal Care & Cosmetics, Building and Construction (Residential, Commercial, and Industrial), Automotive (Passenger Vehicles (PV), Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), Packaging, Medical & Healthcare, Oil & Gas

By Geography

North America, Europe, Asia-Pacific, South America and Rest of World

 

 

Get more detailed information about these segments in the report. Buy it here :

https://www.industryarc.com/reports/request-quote?id=15381

 

Market Drivers and Challenges :

1. According to NASA, aerogels are one of the lightest solid materials ever discovered. A blade of grass can balance on graphene aerogel, which is seven times lighter than air.

2. Aerogels are expected to be an ideal replacement for traditional insulation materials in new buildings to meet energy standards set by various regulatory bodies and to avoid structural compromises. Aerogel materials can save a significant amount of energy that would otherwise be used for heating and cooling because of their low thermal conductivity and thinness.

3. Aerogel is flexible blanket insulation that can help reduce energy loss while also saving space in residential and commercial buildings. Aerogel is a fantastic way to save energy by preventing heat loss or gain through the building envelope.

 

Why IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. Get detailed report on preferred market as per your specific requirements and our research experts would customize the report for you.

Email: [email protected]

USA: (+1) 614-588-8538,  (+1) 815-656-4596

 

Similar Reports :

A. Blanket Aerogel Market

https://www.industryarc.com/Research/Blanket-Aerogel-Market-Research-501439

B. Insulation Materials Market

https://www.industryarc.com/Research/Insulation-Materials-Market-Research-501610

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Website: https://www.industryarc.com/Report/15381/aerogels-market.html