Global Aerogel Market Report By Product (Silica Aerogels, Metal Oxide Aerogels, Carbon Aerogels, and Others), End-User (Construction, Oil & Gas, Transportation, Electronics, and Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11210041
June 2021
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Aerogels are a unique kind of gel material in which the liquid part is replaced with gas without collapsing the overall structure. It has the potential to be used in different areas due to its exceptional properties such as low density, high porosity, surface area, lowest thermal conductivity, good pore accessibility, among others. Aerogels are used for various applications, including insulation, chemical absorber, catalyst, imaging devices, optics, and light guide, thickening agents, among others. Ongoing globalization, rise in investments, spurring construction, and exceptional properties are significant aspects forecasted to drive the aerogel market. Aerogels are regarded as one of the most promising high-performance thermal insulation materials for building applications. An exciting aspect of aerogels is that they may be produced as opaque, translucent materials, enabling a wide range of possible building applications when utilizing daylight and solar energy from solar radiation. Conventional insulators are steadily replacing aerogel. Aerogels offer ten times lower thermal conductivity than traditional insulation materials. The same insulation level can be reached with a lesser volume of aerogel material than traditional products resulting invaluable space savings. 

According to Value Market Research, the global aerogel market size was valued at about USD 1233.6 billion in 2020 and is estimated to grow at a CAGR of around 23 % during the forecast period 2021 to 2027.
 
Analysis, By Product
By product, the market is segmented into silica aerogels, metal oxide aerogels, carbon aerogels, and others. In 2020, the silica aerogel segment acquired almost two-third of shares in the global market. Silica aerogel is increasingly preferred and has become quite popular over other types of aerogel due to its attractive properties and features such as low thermal conductivity (~0.01 W/m.K), high porosity (~99%), high optical transmission (99%) in the visible region, high specific surface area (1000 m2/g), low dielectric constant (~1.0–2.0), low refractive index (~1.05), and low sound velocity (100 m/s). They are also lightweight, chemically inert, and reusable.
 
Analysis, By End-User
By end-user, the market is segmented into building insulation, oil & gas, aerospace, automotive, healthcare, chemical, electronics, and others. Oil & gas is the largest end-user of aerogel. Oil & gas industry trends are favorable for aerogels growth. Aerogel is widely employed in the oil & gas industry as an insulator. Within the oil and gas industry, the aerogel improves insulation for deep-sea pipe-in-pipe oil and gas pipelines, reduces installation costs, improves pipeline compression resistance, reduces the amount of steel in pipeline constructions, and increases oil and gas flow and assurance.
 
Analysis, By Form
By form, the market is divided into blanket, particle/powder, block, and panel. The blanket form is the largest revenue generator in the global aerogel market, estimated to grow at a healthy pace in coming years due to its increased demand for building insulation and the oil & gas industry. Aerogel blankets are flexible and easily workable. An aerogel blanket’s thin profile makes it ideal to use for compact environments when space is at a premium. It is also lightweight, sits snugly around delicate or fragile components. 
 
Analysis, By Region
Based on region, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominated the market in 2020, accounting for more than one-third market share. The rise in consumer awareness toward global warming has increased the adoption of insulation solutions such as aerogel in industrial and domestic applications such as buildings and oil & gas refineries. The region is also the base of prominent manufacturing companies and end-use industries.  

MAJOR PLAYER
The global aerogel market is dominated by Armacell International S.A, Active Aerogels, Aerogel Technologies LLC, Aspen Aerogel Inc., BASF SE, Cabot Corporation, Dow Inc., JIOS Aerogel, Svenska Aerogel AB, and Thermablok Aerogels Limited.

Global Aerogel Market Overview
 
Increasing demand for eco-friendly products has been witnessed on account of rising awareness regarding environmental protection. In March 2020, Researchers at the National University of Singapore had upcycled waste rubber tyres into various aerogels, which have a wide range of applications. Later in April 2021, developed an eco-friendly technique to upcycle metal waste into multi-purpose aerogels. However, specific issues associated with aerogel that add hindrance are the high manufacturing cost and poor mechanical strength. For aerogels to become widespread for applications, the prices have to be lowered substantially, and mechanical strength has to improve. In recent years, new techniques have been used to enhance functional features of aerogels that led to the production of different types of organic, inorganic, and hybrid aerogels. 
 
Diversification of product portfolio through research and development activities and company’s collaboration are specific vital strategies adopted by the major companies to strengthen their share size in the global market.

Global Aerogel Market Share
 
In this research report, the aerogel market is segmented by product, end-user, form, and region.
 
Market Segmentation covered in the Report:
By Product
  • Silica Aerogels
  • Metal Oxide Aerogels
  • Carbon Aerogels
  • Others
 
By End-User
  • Building Insulation
  • Oil & Gas
  • Aerospace
  • Automotive
  • Healthcare
  • Chemical
  • Electronics
  • Other
 
By Form
  • Blanket
  • Particle/Powder
  • Block
  • Panel
 
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  
METHODOLOGY:

This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . AEROGEL – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Product
           3.7.2 By End-User
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL AEROGEL MARKET ANALYSIS BY PRODUCT
       6.1 Overview by Product
       6.2 Historical and Forecast Data
       6.3 Analysis by Product
       6.4 Silica Aerogels Market by Regions
       6.5 Metal Oxide Aerogels Market by Regions
       6.6 Carbon Aerogels Market by Regions
       6.7 Others Market by Regions
 
7 . GLOBAL AEROGEL MARKET ANALYSIS BY END-USER
       7.1 Overview by End-User
       7.2 Historical and Forecast Data
       7.3 Analysis by End-User
       7.4 Construction Market by Regions
       7.5 Oil & Gas Market by Regions
       7.6 Transportation Market by Regions
       7.7 Electronics Market by Regions
       7.8 Others Market by Regions
 
8 . GLOBAL AEROGEL MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE AEROGEL COMPANIES
       9.1. Aerogel Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF AEROGEL INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Aspen Aerogels Inc.
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Cabot Corporation
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Aerogel Technologies LLC
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Nano High-Tech Co. Ltd.
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Guangdong Alison Hi-Tech Co. Ltd.
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Active Aerogels
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. BASF SE
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Enersens Sas
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. Jios Aerogel Corporation
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Product (Tons and USD MN)
  • Silica Aerogels Market by Geography (Tons and USD MN)
  • Metal Oxide Aerogels Market by Geography (Tons and USD MN)
  • Carbon Aerogels Market by Geography (Tons and USD MN)
  • Others Market by Geography (Tons and USD MN)
  • Analysis Market by End-User (Tons and USD MN)
  • Construction Market by Geography (Tons and USD MN)
  • Oil & Gas Market by Geography (Tons and USD MN)
  • Transportation Market by Geography (Tons and USD MN)
  • Electronics Market by Geography (Tons and USD MN)
  • Others Market by Geography (Tons and USD MN)
  • Global Aerogel Market by Geography (Tons and USD MN)
  • North America Market Analysis (Tons and USD MN)
  • United State Market Analysis (Tons and USD MN)
  • Canada Market Analysis (Tons and USD MN)
  • Mexico Market Analysis (Tons and USD MN)
  • Europe Market Analysis (Tons and USD MN)
  • Europe Market Estimate by Country (Tons and USD MN)
  • United Kingdom Market Analysis (Tons and USD MN)
  • France Market Analysis (Tons and USD MN)
  • Germany Market Analysis (Tons and USD MN)
  • Italy Market Analysis (Tons and USD MN)
  • Russia Market Analysis (Tons and USD MN)
  • Spain Market Analysis (Tons and USD MN)
  • Rest of Europe Market Analysis (Tons and USD MN)
  • Asia Pacific Market Analysis (Tons and USD MN)
  • China Market Analysis (Tons and USD MN)
  • Japan Market Analysis (Tons and USD MN)
  • India Market Analysis (Tons and USD MN)
  • South Korea Market Analysis (Tons and USD MN)
  • Australia Market Analysis (Tons and USD MN)
  • Rest of Asia Pacific Market Analysis (Tons and USD MN)
  • Latin America Market Analysis (Tons and USD MN)
  • Brazil Market Analysis (Tons and USD MN)
  • Argentina Market Analysis (Tons and USD MN)
  • Peru Market Analysis (Tons and USD MN)
  • Chile Market Analysis (Tons and USD MN)
  • Rest of Latin America Market Analysis (Tons and USD MN)
  • Middle East & Africa Market Analysis (Tons and USD MN)
  • Saudi Arabia Market Analysis (Tons and USD MN)
  • UAE Market Analysis (Tons and USD MN)
  • Israel Market Analysis (Tons and USD MN)
  • South Africa Market Analysis (Tons and USD MN)
  • Rest of Middle East and Africa Market Analysis (Tons and USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of Aerogel Report
  • Market Research Process
  • Market Research Methodology
  • Global Aerogel Market Size, by Region (Tons and USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Product
  • Market Attractiveness Analysis by End-User
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Product (Tons and USD MN)
  • Silica Aerogels Market by Geography (Tons and USD MN)
  • Metal Oxide Aerogels Market by Geography (Tons and USD MN)
  • Carbon Aerogels Market by Geography (Tons and USD MN)
  • Others Market by Geography (Tons and USD MN)
  • Global Market Analysis by End-User (Tons and USD MN)
  • Construction Market by Geography (Tons and USD MN)
  • Oil & Gas Market by Geography (Tons and USD MN)
  • Transportation Market by Geography (Tons and USD MN)
  • Electronics Market by Geography (Tons and USD MN)
  • Others Market by Geography (Tons and USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis, 2020
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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