Aerogels Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-2026

Aerogels Market - Global Industry Insights, Trends,
Outlook and Opportunity Analysis 2018-2026
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.
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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.
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.
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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