Market Forecast By Types (Silica, Carbon, Polymer & Others), By Forms (Blanket, Particle, Panel, Monolith), By Applications (Oil & Gas Industry, Construction Industry, Automotive Industry, Aerospace Industry, Marine Applications, Performance Coating & Others), Regions(North America, Latin America, Europe, Asia-Pacific & Middle East & Africa), By Key Countries and Competitive Landscape.
Product Code: ETC001245 | Publication Date: Jul 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
The global Aerogel market is growing at a steady pace due to growing demand from the oil and gas industry. Aerogels are being increasingly used in the oil and gas industry for insulation, which is expected to drive market growth. Aerogels are used in drilling fluids, cementing, and hydraulic fracturing to provide superior insulation and prevent heat loss. Additionally, increasing use in the building and construction industry is also a key growth driver of the market. Aerogels are being used in the building and construction industry as insulation material due to their high thermal resistance and lightweight properties. Aerogels are used in roof insulation, wall insulation, and window insulation to improve energy efficiency. Moreover, there have been several advancements in aerogel technology, including the development of new production methods and the introduction of new aerogel types. These advancements have resulted in increased production efficiency and cost-effectiveness.
The global aerogel industry is experiencing rising popularity in the automotive industry. Aerogels are being used in the automotive industry for thermal management and sound insulation. They are used in engine compartments, exhaust systems, and car interiors to reduce noise and vibration. Further, the market has also witnessed an increasing demand from the aerospace industry. The aerospace industry is another key market for aerogels, with applications in insulation for space vehicles and satellites. The unique properties of aerogels, such as their low density and high thermal resistance, make them ideal for use in the harsh conditions of space.
The global aerogel market report thoroughly covers the market by types, forms, applications, and regions including Asia Pacific, Europe, North America, Latin America, Middle East, Africa, and key countries. The global aerogel market outlook report provides an unbiased and detailed analysis of the ongoing global aerogel market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Aerogel market has registered high growth on the back of the growing need to reduce energy costs, rising thermal applications across different industries, and increasing demand for lightweight and thinner substitutes for insulation materials. Along with this, the recycling property of aerogel sponge after use makes it environment-friendly in nature, which would further accelerate the demand for aerogel in the forthcoming years.
According to 6Wresearch, the Global Aerogel Market size is projected to grow during 2019-2025. The growing development of oil & gas industries coupled with properties of aerogel such as chemical inertness and lower heat conductance is driving the Aerogel Market Growth. Moreover, the lightweight property of aerogel as compared to other insulation is also expected to boost the potential growth of the market. The thinner coating also provides resistance more than the plastic which is further driving the Aerogel Market Share. However, the expensive method of production of aerogel is expected to restrain the growth of the industry.
Global Aerogel Market is increasing by increased in the demand in such a way marine, oil & gas, and automotive. Aerogel is a low-mass solid substance, first made in the air, and at the same time, it works on the conventional gel. Global aerogel exhibits several properties comprise such as low density, acoustic damping, and a high degree of porosity. The global aerogel market is anticipated to witness significant growth projections throughout the forecast period 2020-26F on the back of growing demand for thermal resistive material along with an increased demand for superior performance materials in place of conventional materials. Also, the rising need for lightweight fuel vehicles in the automotive industrial domain is expected to foster significant demand projections for aerogel in the automotive industry and provide great prospects for the growth of the Global aerogel market in the foreseeable future. Additionally, a rise in the demand for high-performance insulation materials for the manufacturing of lightweight fuel materials across the developing and developed regions across the globe is expected to proliferate the potential market growth of the global aerogel market in the coming years.
The global aerogel market is anticipated to find its true potential underpinned by the increased expansion of the construction sector. Developing countries like India and China have been drawing growth of the urban population coupled with the rising growth of the upper-middle-class families which has led to spending high income on the construction of households and is likely to strengthen the growth of the commercial sector as well which boost the development of the commercial infrastructure like malls and food court, as a result, the use for aerogel would also increase in buildings for super-insulating windows and solar collector covers and is expected to act as a catalyst for the growth of the global aerogel market in the coming years.
North America is the largest market for aerogel globally followed by the APAC region owing to the growing use of aerogel in the automotive and aerospace industry. Further, the growing usage of aerogel in the construction and oil & gas industry is expected to generate high Revenues and Volume during the forecast period. Moreover, in Europe, the market for Aerogel is expected to increase, due to the adoption of various energy consumption and insulation standards.
The oil & gas application holds a major market share of market Revenues due to the rising demand for advanced insulation materials in this segment. However, the construction and automotive sectors are expected to register high growth during the forecast period on the back of the growing usage of aerogel as an insulation material.
The Global Aerogel Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Aerogel Market Overview |
3.1 Global Aerogel Market Revenues and Volume, 2015-2025F |
3.2 Global Aerogel Market Revenue Share, By Types, 2018 & 2025F |
3.3 Global Aerogel Market Revenue Share, By Forms, 2018 & 2025F |
3.4 Global Aerogel Market Revenue Share, By Applications, 2018 & 2025F |
3.5 Global Aerogel Market Revenue Share, By Regions, 2018 & 2025F |
3.6 Global Aerogel Market Industry Life Cycle |
3.7 Global Aerogel Market- Porter’s Five Forces, 2018 |
4 Global Aerogel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Aerogel Market Trends |
6 Global Aerogel Market Overview, By Types |
6.1 Global Aerogel Market Revenues and Volume, By Silica, 2015-2025F |
6.2 Global Aerogel Market Revenues and Volume, By Carbon, 2015-2025F |
6.3 Global Aerogel Market Revenues and Volume, By Polymer, 2015-2025F |
6.4 Global Aerogel Market Revenues and Volume, By Others, 2015-2025F |
7 Global Aerogel Market Overview, By Forms |
7.1 Global Aerogel Market Revenues and Volume, By Blanket, 2015-2025F |
7.2 Global Aerogel Market Revenues and Volume, By Particle, 2015-2025F |
7.3 Global Aerogel Market Revenues and Volume, By Panel, 2015-2025F |
7.4 Global Aerogel Market Revenues and Volume, By Monolith, 2015-2025F |
8 Global Aerogel Market Overview, By Applications |
8.1 Global Aerogel Market Revenues and Volume, By Oil & Gas Industry, 2015-2025F |
8.2 Global Aerogel Market Revenues and Volume, By Construction Industry, 2015-2025F |
8.3 Global Aerogel Market Revenues and Volume, By Automotive Industry, 2015-2025F |
8.4 Global Aerogel Market Revenues and Volume, By Aerospace Industry, 2015-2025F |
8.5 Global Aerogel Market Revenues and Volume, By Marine Applications, 2015-2025F |
8.6 Global Aerogel Market Revenues and Volume, By Performance Coating, 2015-2025F |
8.7 Global Aerogel Market Revenues and Volume, By Others, 2015-2025F |
9 North Americas Aerogel Market Overview |
9.1 North America Aerogel Market Revenues and Volume, 2015-2025F |
9.2 North America Aerogel Market Revenues and Volume, By Types, 2015-2025F |
9.3 North America Aerogel Market Revenues and Volume, By Forms, 2015-2025F |
9.4 North America Aerogel Market Revenues and Volume, By Applications, 2015-2025F |
9.5 North America Aerogel Market Revenues and Volume, By Countries, 2015-2025F |
10 APAC Aerogel Market Overview |
10.1 APAC Aerogel Market Revenues and Volume, 2015-2025F |
10.2 APAC Aerogel Market Revenues and Volume, By Types, 2015-2025F |
10.3 APAC Aerogel Market Revenues and Volume, By Forms, 2015-2025F |
10.4 APAC Aerogel Market Revenues and Volume, By Applications, 2015-2025F |
10.5 APAC Aerogel Market Revenues and Volume, By Countries, 2015-2025F |
11 Europe Aerogel Market Overview |
11.1 Europe Aerogel Market Revenues and Volume, 2015-2025F |
11.2 Europe Aerogel Market Revenues and Volume, By Types, 2015-2025F |
11.3 Europe Aerogel Market Revenues and Volume, By Forms, 2015-2025F |
11.4 Europe Aerogel Market Revenues and Volume, By Applications, 2015-2025F |
11.5 Europe Aerogel Market Revenues and Volume, By Countries, 2015-2025F |
12 Latin America Aerogel Market Overview |
12.1 Latin America Aerogel Market Revenues and Volume, 2015-2025F |
12.2 Latin America Aerogel Market Revenues and Volume, By Types, 2015-2025F |
12.3 Latin America Aerogel Market Revenues and Volume, By Forms, 2015-2025F |
12.4 Latin America Aerogel Market Revenues and Volume, By Applications, 2015-2025F |
12.5 Latin America Aerogel Market Revenues and Volume, By Countries, 2015-2025F |
13 The Middle East & Africa Aerogel Market Overview |
13.1 the Middle East & Africa Aerogel Market Revenues and Volume, 2015-2025F |
13.2 the Middle East & Africa Aerogel Market Revenues and Volume, By Types, 2015-2025F |
13.3 the Middle East & Africa Aerogel Market Revenues and Volume, By Forms, 2015-2025F |
13.4 the Middle East & Africa Aerogel Market Revenues and Volume, By Applications, 2015-2025F |
13.5 the Middle East & Africa Aerogel Market Revenues and Volume, By Countries, 2015-2025F |
14 Global Aerogel Market Opportunity Assessment |
14.1 Global Aerogel Market Opportunity Assessment, By Types, 2025F |
14.2 Global Aerogel Market Opportunity Assessment, By Forms, 2025F |
14.3 Global Aerogel Market Opportunity Assessment, By Applications, 2025F |
15 Global Aerogel Market Competitive Landscape |
15.1 Global Aerogel Market Revenue Share, By Companies, 2018 |
15.1.1 North America Aerogel Market Revenue Share, By Companies, 2018 |
15.1.2 Latin America Aerogel Market Revenue Share, By Companies, 2018 |
15.1.3 Europe Aerogel Market Revenue Share, By Companies, 2018 |
15.1.4 Asia-Pacific Aerogel Market Revenue Share, By Companies, 2018 |
15.1.5 the Middle East & Africa Aerogel Market Revenue Share, By Companies, 2018 |
15.2 Global Aerogel Market Competitive Benchmarking, By Operating Parameters |
16 Company Profiles |
17 Strategic Recommendations |
18 Disclaimer |