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, 2017-2024
ID:VMR11210041
April 2018
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Rising demand of aerogel in oil & gas industry owing to its use in pipe insulation & its prevention from corrosion is driving the market growth. Increasing application area of aerogel in end-use industries owing to properties such as low thermal conductivity, porous nature, lightweight and low density is forecasted to boost the market growth in following years. Moreover, better insulation ability and cost-effective owing to ample availability of the raw materials has widened its application area in the construction sector. In the years to come, aerogel is likely to emerge as an eco-friendly insulation, which is expected to offer new room for the growth.

As per the latest study added by Value Market Research, the Global Aerogel Market was valued at USD 505.5 MN (by revenue) in 2017 and is anticipated to reach USD 1,683.6 MN by 2024 with a CAGR of 18.7%.
 
SILICA AEROGELS LED THE PRODUCT SEGMENT
Silica aerogels dominated the product segment owing to rising application for insulation in oil & gas, automotive, construction and others industries is driving the segment growth. Silica aerogel is anticipated to reach at USD XX.X MN by 2024. Moreover, carbon aerogel is the fastest growing product segment owing to rising demand from the electronics sector especially from semiconductors, supercapacitors application areas.
 
CONSTRUCTION SECTOR IS FORECASTED AS FASTEST GROWING SEGMENT
Oil & gas industry has dominated the end-use sector owing to rising demand for improved insulation materials to prevent corrosion & impart better insulation is driving the market growth. Oil & gas is presumed to reach at USD XX.X MN by the end of 2024. However, It is analyzed that the construction sector is growing at a much faster pace owing to its wide application in aerogel insulation for roofing, flooring, insulated glazing and basement renovation.
 
ASIA PACIFIC TO LED REGIONAL SEGMENT
Asia Pacific is presumed to reach at USD XX.X MN by the end of 2024. Owing to technological advancement & booming construction sector is driving the Asia Pacific aerogel market.
 
MAJOR PLAYER
Aspen Aerogels Inc., Cabot Corporation, Aerogel Technologies LLC, Nano High-Tech Co. Ltd., Guangdong Alison Hi-Tech Co. Ltd., Active Aerogels, BASF SE, Enersens Sas and Jios Aerogel Corporation.

As per this study, the Global Aerogel Market was valued USD 505.5 MN (by revenue) in 2017 and is anticipated to reach USD 1,683.6 MN by 2024 with a CAGR of 18.7%. By volume, the market was estimated at XX.X Tons in 2017 and is expected to reach XX.X Tons by 2024 with a CAGR of X.X%.
 
Aerogel is a permeable, ultra-light, porous man-made component widely used in insulation. Basically, it is mesoporous composite material derived from gel where liquid component is replaced with gas. It contains more than 95% air and silica or any other material particles suspended in three-dimensional porous structure. Aerogel possesses superior properties such as ultra-lightweight, low thermal conductivity and sound absorption.
 
Objectives of the Study:

  • Define and measure the global aerogel market
  • Volume and revenue forecast of the global aerogel market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Strong demand for oil and gas pipeline is expected to boost the demand for aerogel in the years to come. Ongoing globalization leading to a rise in investments, new establishments for construction and properties of aerogel such as high insulation, cheap and abundant availability of the raw material are some of the major aspects that drive the aerogel market. In addition to this, carbon aerogel segment is projected to have higher growth on account of its superior properties over traditional aerogel and its increasing use in several industrial applications. The increasing R&D activities to focus on carbon aerogel production by the market players are also expected to be the driving factor for carbon aerogel market. Increasing demand for eco-friendly products has been witnessed over the past few years on account of rising awareness regarding environment protection is expected to drive the demand from end-user industries. However, certain disadvantages associated with aerogel such as the high cost of manufacturing and poor mechanical strength are acts as a roadblock for the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of aerogel.
 
Market Segmentation
 
The broad aerogel market has been sub-grouped into product and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product Market Share 2017
 
Aerogel Market By Product
 
By Product
  • Silica Aerogels
  • Metal Oxide Aerogels
  • Carbon Aerogels
  • Others (Including Polymer Aerogels, Etc.)
 
By End-User
  • Construction
  • Oil & Gas
  • Transportation
  • Electronics
  • Others (Including Pharmaceutical, Etc.)
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for aerogel in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Aerogel Market By Revenue (USD MN)
 
Europe Aerogel Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the aerogel market includes Aspen Aerogels Inc., Cabot Corporation, Aerogel Technologies LLC, Nano High-Tech Co. Ltd., Guangdong Alison Hi-Tech Co. Ltd., Active Aerogels, BASF SE, Enersens Sas and Jios Aerogel Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1. INTRODUCTION

  • Introduction To Aerogel
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Aerogel Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. AEROGEL MARKET ANALYSIS BY PRODUCT
  • Market In Silica Aerogels
  • Market In Metal Oxide Aerogels
  • Market In Carbon Aerogels
  • Market In Others
 
5. AEROGEL MARKET ANALYSIS BY END-USER
  • Market In Construction
  • Market In Oil & Gas
  • Market In Transportation
  • Market In Electronics
  • Market In Others
 
6. AEROGEL MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
7. COMPETITIVE LANDSCAPE OF THE AEROGEL COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
8. COMPANY PROFILES OF THE AEROGEL INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Aspen Aerogels Inc.
  • Cabot Corporation
  • Aerogel Technologies LLC
  • Nano High-Tech Co. Ltd.
  • Guangdong Alison Hi-Tech Co. Ltd.
  • Active Aerogels
  • BASF SE
  • Enersens Sas
  • Jios Aerogel Corporation
 
* Tentative TOC
 
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Aerogel
Table 2.  Global Aerogel Market By Product
Table 3.  Global Aerogel Market By End-User
Table 4.  Global Aerogel Market By Geography
Table 5.  North America Aerogel Market
Table 6.  Europe Aerogel Market
Table 7.  Asia Pacific Aerogel Market
Table 8.  Latin America Aerogel Market
Table 9.  Middle East And Africa Aerogel Market 
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Aerogel Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Aerogel
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global Aerogel Market By Product
Fig. 8.     Global Aerogel Market By End-User
Fig. 9.     Global Aerogel Market By Geography
Fig. 10.   North America Aerogel Market
Fig. 11.   Europe Aerogel Market
Fig. 12.   Asia Pacific Aerogel Market
Fig. 13.   Latin America Aerogel Market
Fig. 14.   Middle East And Africa Aerogel Market
Fig. 15.   Market Share Of Aerogel Companies
Fig. 16.   Recent Developments In Aerogel Industry
 
 
* 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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