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Current and Projected Aerogel Market size in terms of volume and value 2015-2025 by FMI Estimate

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The global aerogel market is on the rise due to increased applications of aerogel in industries such as oil & gas, marine, automotive, and aerospace. Aerogel is an extremely low density solid material, mainly composed of air, and is manufactured usi
Global Aerogel
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
Future Market Insights
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Report
Description
Report Description
The global aerogel market is on the rise due to increased applications of aerogel in
industries such as oil & gas, marine, automotive, and aerospace. Aerogel is an extremely
low density solid material, mainly composed of air, and is manufactured using
conventional gel. Global aerogel market consists of material exhibiting numerous
properties, making it suitable for the applications in aforementioned industries. These
properties include thermal & acoustic damping, low density, high degree of porosity and
other desired properties in various applications industries. In addition to the abundant
uses of aerogel in industrial applications, one of the key reasons for increasing global
aerogel market is due to the fact that the material is being witnessed as a good
replacement for thermal insulation materials, since it is providing cost competitiveness to
other high performance thermal insulating materials.
Aerogel Market: Drivers & Restraints
The increasing demand of aerogels by the end users such as oil & gas, automotive,
marine & aerospace , etc. are driving the global aerogel market. Growing globalization
leading to an increase in investments, new establishments for construction and
properties of aerogel such as high insulation, being cheap and abundant availability of
the raw material are some of the factors driving the growth of global aerogel market.
High production cost is the major challenging factor for the growth of global aerogel
market.
Browse Full Report@ http://www.futuremarketinsights.com/reports/aerogel-market
Aerogel Market: Segmentation
Report
Description
Report Description
In terms of application industry, the global aerogel market is segmented into key
applications:
• Oil & gas
• Marine & aerospace
• Performance coatings
• LVHS
• Day-lighting
• Automotive
• Construction
Within these applications, the oil & gas industry accounts for a leading share in the global
aerogel market. Among other applications, wherein significant growth is likely to be
witnessed is automotive and construction applications, wherein thermal insulation
properties of aerogel material are being exploited.
On the basis of product types, the global aerogel market is can be segmented into:
• Silica
• Polymer
• Carbon
Report
Description
Report Description
These different types of aerogel are being utilized in the global marketplace, wherein
polymer type of aerogel is expected to witness the highest growth in coming years. In
terms of market share, the global aerogel market has been dominated by silica type
aerogel, which is likely to continue its dominance through the forecast period as well.
On the basis of forms, the global aerogel market has been segmented into:
• Monolith
• Blanket
• Article
• Panel form
The global aerogel market is dominated by blanket form of aerogel, which is widely used
for thermal insulation applications across the industries. The global aerogel market is
expected to witness the tremendous growth in particle form of aerogel, which is
expected to contribute towards the growth in demand for aerogel in global aerogel
market during the forecast period.
On the basis of processing segment, the global aerogel market has also been segmented
into:
• Virgin processed
• Fabricated
Report
Description
Report Description
In terms of processing, within the global aerogel market, virgin aerogel is witnessed to be
the dominating processing segment. This is due to the fact that virgin aerogel is free from
composites and additives, which enables its applications in research & development
activities. Further virgin aerogel is accompanied with high commercial availability in the
global aerogel market.
Request Report TOC@ http://www.futuremarketinsights.com/toc/rep-gb-927
Aerogel Market: Region-wise Outlook
The global aerogel market has witnessed increased growth in North American region,
which accounts for a leading share in the global aerogel market. Followed by North
America, Asia-Pacific excluding Japan (APEJ) region accounts for the second leading
regions in terms of aerogel consumption across the globe, which is due to high amount of
consumption in China. However, the European market is likely to be the leading region, in
terms of annual growth, in years to come.
Aerogel Market: Key Players
The global aerogel market is dominated by major players such as Cabot Corporation,
Aerogel Technologies LLC, Aspen Aerogels, Inc. and BASF SE, to name a few.
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Ethansmith
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