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Aerogels Market

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Aerogels Market report categorizes global market by type, form, processing, application, and end-user - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2017-25
Aerogels Market - Global Industry
Insights, Trends and Opportunity
Analysis 2018-2025
Aerogel is a microporous, dense foam in which the liquid component is replaced by gas,
making it the lightest solid. It exhibits high temperature resistance, low density, low
optical index of refraction, low dielectric constant, high degree of porosity, high specific
surface area, and thermal, acoustic, and impact damping properties. It can hold up to
4000 times its own weight. Aerogel sponge, can be recycled after use, thus indicating its
ecological nature. Aerogel has important applications in the oil and gas, aerospace,
healthcare, and electronic industries. High production cost and poor mechanical
strength are major disadvantages of the aerogels market.
The multi-disciplinary use of aerogels across various sectors is a major driver for growth
of the aerogel market. This has led to various technological advancements in the
market. However, aerogels are found to irritate the eyes, skin, respiratory tract, and
digestive system. Small silica particles can lead to silicosis when inhaled. This results in
dehydration of the skin and eyes. Hence protective gear including respiratory protection,
gloves, and eye goggles need to be worn while handling aerogels.
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Silica aerogel is the most used aerogel. It is used in important applications such as oil &
gas, building insulation, automotive, aerospace, electronics, and others. The rising need
for biodegradable products has been observed due to increasing awareness regarding
environment protection. Aerogel proves to be an efficient alternative to conventional
insulators as a result of its low thermal circulation, thus reducing the loss of energy and
costs. Blankets are the most used form of aerogels as a result of its easy handling.
Blankets are formed by the blending of silica aerogels and flexible fibers. As oil well
lines, LNG tankers, and transfer lines need to be heated, super cooled, and protected to
maintain product temperature aerogels are said to provide better thermal insulating
properties. Oil & gas is the largest market for aerogels. The rising need for advanced
insulation supplies in its important processes boosts the growth for oil & gas segment of
the aerogels market. The increasing demand for aerogels applications in industries such
as construction, oil & gas, and automobiles, is expected to drive the growth for the
global aerogels market.
Aerogels Market Outlook
In North America, the US is a major shale producer, enabling the use of aerogels in
shale gas pipelines. This has resulted in North America being a major player in the
shale market. NASA has successfully used aerogel as a hypervelocity particle capture
and thermal insulator in its space missions. The U.S. is the top consumer of aerogel
materials globally.
As the Middle East is a major oil exporter, the use of aerogels in its pipelines has
increased. The Middle East has connections to various nations. The use of aerogels in
its pipelines improves the ease of transport.
In Europe, the growth of the aerogel market depends mainly on the improving
economies of countries such as the U.K. and Sweden. The subsequent increase in
investment and technologies coupled with a rise in the number of new industrial
establishments can lead to the development of Europe as a prominent market for
aerogels.
In Asia, the development of the construction and automobile sector is an important
factor for the growth of the aerogel market. Developing countries such as India and
China have increased the use of aerogel for safer and efficient constructions of
buildings, as thermal insulators.
In Africa, aerogels have a widespread use among various industrial sectors such as oil
& gas, construction, production of automobiles, etc. As Africa is home to a number of
developing countries, the aerogels prove to be an important component.
In South America, Venezuela is one of the largest oil producers. The growth of the
housing sector combined by the important use of aerogel as an insulator would improve
the potential of the aerogel market in this region.
Green Earth Aerogel Technologies has developed carbon-based aerogel product by the
usage of agricultural waste. This is a major advancement in the global aerogel market,
as the widespread use combined with the biological nature of aerogel is projected to
boost the aerogels market globally. The top companies of the market include Aspen
Aerogels Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies LLC (U.S.), Nano
High-Tech Co. Ltd. (China), Guangdong Alison Hi-Tech Co. Ltd. (China), Active
Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Corporation (South Korea),
and BASF SE (Germany).
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