LONDON--(BUSINESS WIRE)--Technavio has been monitoring the aerogel blanket market and it is poised to grow by $ 473.30 mn during 2021-2025, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the aerogel blanket market. The market growth in 2021 is likely to Increase compared to the market growth in 2020.
Frequently Asked Questions:
What are the major trends in the market?
The growing use of aerogel blankets in LMVs is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The market will accelerate at a CAGR of over 18% and the incremental growth of the market is anticipated to be $ 473.30 mn.
Who are the top players in the market?
Active Aerogels, Aerogel Technologies LLC, Aspen Aerogels Inc., BASF SE, Cabot Corp., Green Earth Aerogel Technology SL, Huatao Group Ltd., JIOS Aerogel Corp., Nano Technology Co. Ltd., and Thermablok Aerogels Ltd., are some of the major market participants.
What is the key market driver?
The growing application of aerogel blankets in aerospace is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 45% of the market share
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Active Aerogels, Aerogel Technologies LLC, Aspen Aerogels Inc., BASF SE, Cabot Corp., Green Earth Aerogel Technology SL, Huatao Group Ltd., JIOS Aerogel Corp., Nano Technology Co. Ltd., and Thermablok Aerogels Ltd. are some of the major market participants. The growing application of aerogel blankets in aerospace will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this aerogel blanket market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Aerogel Blanket Market 2021-2025: Segmentation
Aerogel Blanket Market is segmented as below:
- AA And M
- North America
- South America
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Aerogel Blanket Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The aerogel blanket market report covers the following areas:
- Aerogel Blanket Market Size
- Aerogel Blanket Market Trends
- Aerogel Blanket Market Industry Analysis
This study identifies the growing use of aerogel blankets in LMVs as one of the prime reasons driving the Aerogel Blanket Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Aerogel Blanket Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist aerogel blanket market growth during the next five years
- Estimation of the aerogel blanket market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the aerogel blanket market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of aerogel blanket market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Energy - Market size and forecast 2020-2025
- Construction - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End-user
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Active Aerogels
- Aerogel Technologies LLC
- Aspen Aerogels Inc.
- BASF SE
- Cabot Corp.
- Green Earth Aerogel Technology SL
- Huatao Group Ltd.
- JIOS Aerogel Corp.
- Nano Technology Co. Ltd.
- Thermablok Aerogels Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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