Aerogel Insulation Market - Trends & Future Development Status to 2025
Category: #reports  By Rahul Varpe  Date: 2020-04-17
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Aerogel Insulation Market - Trends & Future Development Status to 2025

Fueled by the growing adoption in aircrafts and crucial applications in the construction sector, the aerogel insulation industry is anticipated to experience substantial demand over the next few years. Reports estimate that the global aerogel insulation market valuation would exceed the USD 2.5 billion renumeration mark by 2025.

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The Aerogel Insulation Market is projected to register a CAGR of 20% during the period 2019 -2025.  The Aerogel Insulation Market report coverage is inclusive of various parameters such as the market size, regional growth opportunities, major vendors in the market, drivers and constraints, segmental analysis, as well as the competitive landscape.

Owing to considerable rise in sustainable construction trend, the aerogel insulation market is slated to witness remarkable growth in the forthcoming years. Aerogels have apparently been in existence for more than 80 years now, however, it was only through recent advancements in production techniques that the material has been able to attain commercialization on a substantially higher scale. While changes in manufacturing processes have made the material easier to produce, a key factor endorsing the product is its unique structure, which is made up of approximately 99.9% air by volume. This characteristic allows aerogels to provide thermal insulation against the three heat-transfer methods- conduction, radiation and convection.

NASA has long been using the material in its space exploration programs, with the most prominent example being its incorporation in the Mars Exploration Rover that was designed to withstand temperature fluctuations ranging from -96°C to 83°C. Driven by the insulating properties of the material and its increasing commercialization, the aerogel insulation market has gained immense traction across a plethora of industrial domains.

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Impact of the expanding aerospace industry on the aerogel insulation market: -

In essence, aircrafts need both thermal and acoustical insulation to make the flight experience comfortable and safer for the passengers. When a commercial aircraft is flying at 35,000 feet, the outside temperature could drop to -51°C and without proper insulation, air travel would become a significantly more uncomfortable experience.

Impact of the growing sustainable construction trends on the aerogel insulation market: -

Encouraged by the goals set under the Paris Agreement, the sustainable development trend has gripped the global construction industry. Opportunities for growth in this sector are substantial, as construction and building maintenance accounts for a majority of the world’s power consumption and carbon emissions.

Top Companies

BASF, Aerogel Technologies, Aspen Aerogels, Svenska Aerogel, Enersens SAS, Cabot Corporation, Green Earth Aerogel Technologies, American Aerogel Corporation, Active Aerogels, Johns Manville, Nichias Corporation, Armacell International S.A, Guangdong Alison Hi-Tech Co. Ltd., Nano Tech Co. Ltd., JIOS Aerogel

Split by End-Use, the market has been divided into

  1. Oil & Gas
  2. Building & Construction
  3. Automotive
  4. Aerospace & Marine
  5. Performance Coatings

This report contains detailed information pertaining to the consumption of the product as well as market share of the application, alongside the growth rate of every application segment

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What are the key highlights of this report?

  1. A well-detailed pricing analysis has been undertaken on the source of the product, application, as well as regional segments
  2. A detailed evaluation of the player matrix in tandem with the major firms that will help better understand the competitive situation in the global market
  3. Important insights pertaining to the regulatory scenario governing the market, in tandem with the investments poured in by numerous stakeholders in the global market
  4. A deep-dive evaluation of the myriad aspects pushing the overall market growth alongside their impact on the anticipation as well as dynamics of the global market
  5. A detailed roadmap that presents the many available growth opportunities in the global market as well as the identification of vital factors
  6. An intrinsic analysis of the myriad trends that prevail in the global industry which would help identify the numerous developments


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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