Global Aerogels Market to Reach $1.32 Billion by 2026 - Driven by Superior Thermal Resistance, Advancements & Innovations in Materials and Growing Demand from Various End-Use Industries - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “Aerogels - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Aerogels market accounted for $443 million in 2017 and is expected to reach $1,319.78 million by 2026 growing at a CAGR of 12.8% from 2017 to 2026.
Some of the key factors propelling the market growth are superior thermal resistance, advancements & innovations in materials and growing demand from various end-use industries. However, poor mechanical strength and high manufacturing cost are hindering the market growth.
By Type, silica aerogel is estimated to have a considerable growth in the market. Silica aerogels have attracted increasingly more attention due to their extraordinary properties and their existing and potential applications in wide variety technological areas.
Silica aerogel is a nanostructured material with high specific surface area, high porosity, low density, low dielectric constant and excellent heat insulation properties. Its solidity and high strength properties make it more advantageous in building and construction sector.
Based on geography, North America is predicted to have a significant growth in the market mainly due to huge consumer responsiveness and increasing demand from the oil & gas and construction applications. In addition, the strong key market players, U.S being the top consumer of aerogel materials are also fuelling the growth of the market.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Aerogels Market, By Form
6 Global Aerogels Market, By Type
7 Global Aerogels Market, By Processing
8 Global Aerogels Market, By Technology
9 Global Aerogels Market, By End-User
10 Global Aerogels Market, By Geography
11 Key Developments
12 Company ProfilingActive Aerogels American Aerogel Corporation BASF SE Green Earth Aerogel Technologies Nano High-Tech Co. Ltd. TAASI Corporation JIOS Aerogel DowDuPont Airglass AB Aspen Aerogels Aerogel Technologies Guangdong Alison Hi-Tech Co. Ltd. Cabot Corporation Svenska Aerogel AB Acoustiblok UK Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/6pn78b/global_aerogels?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005147/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Advanced Materials
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/07/2018 06:01 AM/DISC: 12/07/2018 06:00 AM