DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/p8m236/global_aerogel) has announced the addition of the "Global Aerogel Market 2015-2019" report to their offering.
The Global Aerogel market to grow at a CAGR of 35.86% over the period 2014-2019
The report, the Global Aerogel Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, North America, and the ROW; it also covers the Global Aerogel market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The high number of patents being filed for new uses of aerogel and the development of new aerogel-based products is one of the key trends emerging in the market. Aerogel has huge scope for growth in various sectors and industries. Uses of aerogel as a shock absorber in safety and protective devices, as insulation in technical textiles for use in extreme weather conditions, and as fire extinguishers by fire fighters are emerging applications in the market.
According to the report, growing awareness about energy efficiency and increased demand from end-use industries are propelling the rapid growth of the Global Aerogel market. Aerogel is expected to be a cost-effective, sustainable, and energy-efficient alternative for conventional insulation because of its low thermal conductivity; this can substantially reduce energy loss and energy costs.
Further, the report states that one of the key factors hindering the growth of the market is the highly complicated nature of the aerogel manufacturing process. Many vendors are patenting specialized manufacturing processes of aerogel, affecting the entry of new vendors in the market.
The Global Aerogel market is segmented based on the following criteria:
- Raw material
- American Aerogel
- Aspen Aerogel
Other Prominent Vendors
- Acoustiblok UK
- Active Aerogels
- Aerogels Composite
- C F Technologies
- CDT Systems
- Green Earth Aerogel Technologies
- Honeywell International
- JIOS Aerogel USA
- Maero Tech Sdn Bhd
- Nano High-Tech
- Royal Dutch Shell
- Svenska Aerogel
- TAASI (The Attia Applied Sciences)
For more information visit http://www.researchandmarkets.com/research/p8m236/global_aerogel