Global Aerogel Market Expected to Grow with a CAGR of 9% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Aerogel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The publisher expects the market value to reach US$ 886.1 Million by 2024, at a CAGR of around 9% during 2019-2024.

The global aerogel market reached a value of US$ 528.4 Million in 2018. Aerogel is a broad term used for a class of nanostructured, mesoporous solid foam materials. They are also known as frozen smoke or air glass and comes among the lightest solids, composed of up to 99.8% air by volume. Aerogels are generally formed by removing the liquid component from a precursor gel in a high temperature environment while maintaining its structure. Although the majority of aerogels are silica-based, they can also be composed of carbon, organic polymers and semiconductor nanostructures, as well as iron oxide, copper and gold. These materials have been widely used in the field of aerospace since the 1960s for space travel. However, they are now gaining traction in other industries on account of their properties such as low density, reduced thermal conductivity, high surface area and superior sound insulation.

The major factors driving the demand for aerogels are their exceptional insulation property and lightweight. They are widely used in spacesuits, wetsuits, and fire suits as well as spacecrafts, vehicles and oil and gas pipelines. In the construction industry, aerogels can be used as superlight concrete and wall insulation. Moreover, silica-based aerogel granules can be hybridized with glass for imparting high insulation and utilized as a daylighting system. However, one of the major drawbacks of aerogels is their high production costs and brittle nature, which limits their applicability. In line with this, NASA's Glenn Research Center has developed polymer-based aerogels with improved flexibility and strength. These materials can be used in shelter applications, such as insulated tents, and in refrigeration, building and construction, as well as for insulating historical structures. Similarly, Svenska Aerogel, a Swedish company, has developed a continuous aerogel production process, which can significantly reduce the manufacturing cost.

Key Questions Answered in This Report:

• How has the global aerogel market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global aerogel industry?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the form?
• What is the breakup of the market based on the processing?
• What is the breakup of the market based on the technology?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the global aerogel industry?
• What are the key driving factors and challenges in the global aerogel industry?
• What is the structure of the global aerogel industry and who are the key players?
• What is the degree of competition in the global aerogel industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Aerogel Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Type

5.4 Market Breakup by Form

5.5 Market Breakup by Processing

5.6 Market Breakup by Application

5.7 Market Breakup by Region

5.8 Market Forecast

6 SWOT Analysis

6.1 Overview

6.2 Strengths

6.3 Weaknesses

6.4 Opportunities

6.5 Threats

7 Value Chain Analysis

8 Porter's Five Forces Analysis

8.1 Overview

8.2 Bargaining Power of Buyers

8.3 Bargaining Power of Suppliers

8.4 Degree of Competition

8.5 Threat of New Entrants

8.6 Threat of Substitutes

9 Market Breakup by Type

9.1 Silica

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Polymer

9.3 Carbon

9.4 Others

10 Market Breakup by Form

10.1 Blanket

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Particle

10.3 Panel

10.4 Monolith

11 Market Breakup by Processing

11.1 Virgin

11.1.1 Market Trends

11.1.2 Market Forecast

11.2 Composites

11.3 Additives

12 Market Breakup by Application

12.1 Oil & Gas

12.1.1 Market Trends

12.1.2 Market Forecast

12.2 Construction

12.3 Transportation

12.4 Electronics

12.5 Others

13 Market Breakup by Region

13.1 North America

13.1.1 Market Trends

13.1.2 Market Forecast

13.2 Europe

13.3 Asia Pacific

13.4 Middle East and Africa

13.5 Latin America

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Aspen Aerogels

14.3.2 BASF

14.3.3 Cabot Corporation

14.3.4 Dow Corning

14.3.5 JIOS Aerogel

14.3.6 Svenska Aerogel AB

14.3.7 Enersens SAS

14.3.8 Active Aerogels

14.3.9 Nano High-Tech

14.3.10 Guangdong Alison Hi-Tech

14.3.11 Intelligent Insulation

14.3.12 Surnano Aerogel

14.3.13 Taasi Corporation

14.3.14 Protective Polymers Ltd

14.3.15 Green Earth Aerogel Technologies

For more information about this report visit https://www.researchandmarkets.com/r/16pc4e