Aerogel Market

Aerogel Market by Type (Silica, Polymer, and Carbon), Form (Blanket, Panel, Particle, and Monolith), Processing (Virgin, Composites, and Additives), Application (Oil & Gas, Construction, Transportation, and Performance Coating) - Global Forecast to 2022

Report Code: CH 2967 Jan, 2018, by marketsandmarkets.com

[134 Pages Report] Aerogel Market size was USD 427.0 Million in 2016 and is projected to reach USD 785.4 Million by 2022, at a CAGR of 11.6% between 2017 and 2022. In this report, 2016 is considered as the base year for the study of the aerogel market, while the forecast period is between 2017 and 2022.

The objectives of this study on the aerogel market are:

  • To analyze and forecast the size of the aerogel market, in terms of value and volume
  • To provide detailed information regarding the major factors (drivers, restraints, and opportunities) influencing the growth of the market
  • To define, describe, and forecast the aerogel market on the basis of type, application, form, processing, and region
  • To forecast the market size of different segments based on regions, namely, APAC, Europe, North America, the Middle East & Africa, and South America and the key countries in these regions
  • To analyze the markets with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To track and analyze competitive developments such as expansions and new product launches in the aerogel market
  • To strategically profile the key players and comprehensively analyze their growth strategies

This technical, market-oriented, and commercial research study involves the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, and Factiva , to identify and collect information on the aerogel market. The primary sources mainly include several industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. After arriving at the overall market size, the total market has been split into several segments. The figure below illustrates the breakdown of the primary interviews based on company type, designation, and region conducted during the research study on the aerogel market:

Aerogel Market

To know about the assumptions considered for the study, download the pdf brochure

The key market players profiled in this report include Aspen Aerogels (US), Cabot Corporation (US), Aerogel Technologies (US), Nano High-Tech (China), Guangdong Alison Hi-Tech (China), Active Aerogels (Portugal), Enersens (France), Jios Aerogel (South Korea), BASF (Germany), and Svenska Aerogel (Sweden).

The target audiences for the aerogel market report are:

  • Manufacturers of Aerogel
  • Raw Material Suppliers
  • Investment Banks
  • Distributors of Aerogel
  • Government Bodies

Scope of the Report

This report categorizes the aerogel market on the basis of type, form, processing, application, and region.

Aerogel Market, By Type:

  • Silica
  • Carbon
  • Polymer
  • Others

Aerogel Market, By Form:

  • Blanket
  • Particle
  • Panel
  • Monolith

Aerogel Market, By Processing:

  • Virgin (as manufactured)
  • Composites
  • Additives

Aerogel Market, By Application:

  • Oil & gas
  • Construction
  • Transportation
    • Automotive
    • Aerospace
    • Marine
  • Performance coating
  • Day-lighting & LVHS
  • Others

Aerogel Market, By Region:

  • APAC
  • Europe
  • North America
  • Middle East & Africa
  • South America

Available Customizations:

Along with the market data, MarketsandMarkets offers customizations according to the specific needs of the companies. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country and additional application

Country Information

  • Additional country information (up to 3)

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)

The aerogel market is estimated at USD 453.0 Million in 2017 and is projected to reach USD 785.4 Million by 2022, at a CAGR of 11.6% between 2017 and 2022. Superior thermal resistance and lighter and thinner nature of aerogels are key factors that are expected to drive the aerogel market during the forecast period.

On the basis of type, the aerogel market has been segmented into silica, polymer, carbon, and others (metal, metal oxides, metal chalcogenides, carbides, and quantum dots). The silica segment is projected to lead the market during the forecast period due to the high demand from end-use industries coupled with its easy availability and low cost.

On the basis of form, the aerogel market has been segmented into blanket, particle, panel, and monolith. The blanket segment is projected to dominate the market during the forecast period. This dominance is owing to the high demand from the oil & gas and construction applications.

On the basis of processing, the aerogel market has been segmented into virgin (as manufactured), composites, and additives. The virgin aerogel segment dominated the global aerogel market in 2016. This dominance is expected to continue between 2017 and 2022. The flexible use and direct consumption of virgin aerogels in the automotive, construction, and oil & gas applications are driving the market during the forecast period.

Based on application, the aerogel market has been segmented into oil & gas, construction, transportation (automotive, aerospace, and marine), performance coating, day-lighting & LVHS (Low Volume High Specialization), and others (pharmaceuticals, industrial & cryogenics, military & defense, consumer appliances, personal care & cosmetics, clothing & outdoor gears, and research activities). The demand for aerogel is high in the oil & gas application. Reduced thickness and superior thermal resistance of aerogel materials show huge potential for growth in the oil & gas applications where insulation is of prime importance.

The aerogel market has been studied on the basis of key regions, namely, APAC, Europe, North America, the Middle East & Africa, and South America. North America is the largest aerogel market globally, mainly due to strong consumer awareness and rising demand from the oil & gas and construction applications. Additionally, the strong foothold of the key market players in the region is also fueling the growth of the aerogel market in this region. The APAC aerogel market is projected to register the highest CAGR during the forecast period. Increased focus on R&D by the emerging players in APAC is the major factor for this high growth.

Aerogel Market

The superior thermal resistance of aerogels is expected to drive the market during the forecast period. Aerogels have a thermal efficiency which is two to four times greater than conventional insulation materials such as glass filled foams, fibers, and metals. However, the high manufacturing cost, the poor mechanical strength of aerogels, and requirement of extensive R&D are expected to restrain the market growth during the forecast period.

Some of the key players in the aerogel market include Aspen Aerogels (US), Cabot Corporation (US), Aerogel Technologies (US), Nano High-Tech (China), Guangdong Alison Hi-Tech (China), Active Aerogels (Portugal), Enersens (France), Jios Aerogel (South Korea), BASF (Germany), and Svenska Aerogel (Sweden).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst



Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Aerogel Market
    4.2 Aerogel Market Growth, By Region
    4.3 North American Aerogel Market, By Application and Country
    4.4 Aerogel Market Share, By Application
    4.5 Aerogel Market Size, By Type
    4.6 Aerogel Market Attractiveness, By Region

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Superior Thermal Resistance
                    5.2.1.2 Thinner and Lighter Alternative
                    5.2.1.3 Environment-Friendly Material
                    5.2.1.4 Demand From the Construction Application
           5.2.2 Restraints
                    5.2.2.1 High Manufacturing Costs
                    5.2.2.2 Poor Mechanical Strength
           5.2.3 Opportunities
                    5.2.3.1 Potential Substitute for Conventional Insulation Materials
                    5.2.3.2 New Applications in Apparel Market
                    5.2.3.3 Growing Applications in Day-Lighting Segment
                    5.2.3.4 Enormous Demand From Lvhs Segment
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of New Entrants
           5.3.2 Threat of Substitutes
           5.3.3 Bargaining Power of Suppliers
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Overview
           5.4.1 Oil & Gas
           5.4.2 Automotive

6 Aerogel Market, By Type (Page No. - 45)
    6.1 Introduction
    6.2 Silica Aerogel
    6.3 Polymer Aerogel
    6.4 Carbon Aerogel
    6.5 Others
           6.5.1 Metal Oxide Aerogel
           6.5.2 Metal Chalcogenides Aerogels
           6.5.3 Metal Aerogel

7 Aerogel Market, By Form (Page No. - 53)
    7.1 Introduction
    7.2 Blanket
    7.3 Particle
    7.4 Panel
    7.5 Monolith

8 Aerogel Market, By Processing (Page No. - 57)
    8.1 Introduction
    8.2 as Manufactured (Virgin Aerogels)
    8.3 Composites
    8.4 Additives

9 Aerogel Market, By Application (Page No. - 60)
    9.1 Introduction
    9.2 Oil & Gas
    9.3 Construction
    9.4 Transportation
           9.4.1 Aerospace
           9.4.2 Automotive
           9.4.3 Marine
    9.5 Performance Coating
    9.6 Day-Lighting & Lvhs
    9.7 Others

10 Aerogel Market, By Region (Page No. - 75)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 APAC
             10.3.1 China
             10.3.2 Japan
             10.3.3 South Korea
             10.3.4 India
             10.3.5 Australia
     10.4 Europe
             10.4.1 Germany
             10.4.2 UK
             10.4.3 Sweden
             10.4.4 France
             10.4.5 Italy
     10.5 Middle East & Africa
             10.5.1 Saudi Arabia
             10.5.2 UAE
             10.5.3 Iran
             10.5.4 Egypt
     10.6 South America
             10.6.1 Brazil
             10.6.2 Venezuela
             10.6.3 Colombia
             10.6.4 Argentina

11 Competitive Landscape (Page No. - 107)
     11.1 Introduction
     11.2 Market Ranking
     11.3 Competitive Scenario
             11.3.1 Contract & Agreement
             11.3.2 Expansion
             11.3.3 New Product Launch
             11.3.4 Joint Venture

12 Company Profiles (Page No. - 111)
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
     12.1 Aspen Aerogels
     12.2 Cabot Corporation
     12.3 Aerogel Technologies
     12.4 Nano High-Tech
     12.5 Guangdong Alison Hi-Tech
     12.6 Active Aerogels
     12.7 Enersens
     12.8 Jios Aerogel
     12.9 BASF
     12.10 Svenska Aerogel
Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
     12.11 Other Key Players
             12.11.1 Aerogel Uk
             12.11.2 Intelligent Insulation
             12.11.3 Surnano Aerogel
             12.11.4 DOW Corning
             12.11.5 Blueshift International Materials
             12.11.6 Green Earth Aerogel Technologies
             12.11.7 Ocellus
             12.11.8 Taasi Corporation
             12.11.9 Gelanggang Kencana
             12.11.10 Aerogel Insulation India
             12.11.11 Protective Polymers

13 Appendix (Page No. - 130)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (94 Tables)

Table 1 Thermal Conductivity of Different Insulation Materials
Table 2 Day-Lighting: Systems and Benefits of Aerogel
Table 3 Oil Production in APAC, 2016 (Barrel/Day)
Table 4 Oil Production in North America, 2016 (Barrel/Day)
Table 5 Oil Production in Europe, 2016 (Barrel/Day)
Table 6 Oil Production in South America, 2016 (Barrel/Day)
Table 7 Oil Production in Middle East & Africa, 2016 (Barrel/Day)
Table 8 Motor Vehicle Production, 2016 (Units)
Table 9 Aerogel Market Size, By Type, 2015–2022 (USD Million)
Table 10 Aerogel Market Size, By Type, 2015–2022 (Tons)
Table 11 Properties of Silica Aerogel
Table 12 Properties of Organic Polymer Aerogel
Table 13 Polyimide Aerogel Benefits and Its Applications
Table 14 Properties of Carbon Aerogel
Table 15 Other Types of Aerogels
Table 16 Colors of Metal Oxide Aerogels
Table 17 Properties of Metal Oxide Aerogel
Table 18 Properties of Metal Chalcogenide Aerogel
Table 19 Properties of Metal Aerogel
Table 20 Aerogel Market Size, By Form, 2015–2022 (USD Million)
Table 21 Aerogel Market Size, By Form, 2015–2022 (Tons)
Table 22 Advantages of Aerogel Blanket Form
Table 23 Advantages of Aerogel Panel Form
Table 24 Aerogel Market Size, By Processing, 2015–2022 (USD Million)
Table 25 Aerogel Market Size, By Processing, 2015–2022 (Tons)
Table 26 Aerogel Market Size, By Application, 2015–2022 (USD Million)
Table 27 Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 28 Advantages of Aerogel in Oil & Gas Application
Table 29 Aerogel Market Size in Oil & Gas, By Region, 2015–2022 (USD Million)
Table 30 Aerogel Market Size in Oil & Gas, By Region, 2015–2022 (Tons)
Table 31 Advantages of Aerogel in Construction Application
Table 32 Aerogel Market Size in Construction, By Region, 2015–2022 (USD Million)
Table 33 Aerogel Market Size in Construction, By Region, 2015–2022 (Tons)
Table 34 Aerogel Applications in Transportation
Table 35 Aerogel Market Size in Transportation, By Region, 2015–2022 (USD Million)
Table 36 Aerogel Market Size in Performance Coating, By Region, 2015–2022 (USD Million)
Table 37 Aerogel Market Size in Performance Coating, By Region, 2015–2022 (Tons)
Table 38 Aerogel Market Size in Day-Lighting & Lvhs, By Region, 2015–2022 (USD Thousand)
Table 39 Aerogel Market Size in Day-Lighting & Lvhs, By Region, 2015–2022 (Tons)
Table 40 Aerogel Market Size in Other Applications, By Region, 2015–2022 (USD Thousand)
Table 41 Aerogel Market Size in Other Applications, By Region, 2015–2022 (Tons)
Table 42 Aerogel Market Size, By Region, 2015–2022 (USD Million)
Table 43 Aerogel Market Size, By Region, 2015–2022 (Tons)
Table 44 North America: Aerogel Market Size, By Country, 2015–2022 (USD Million)
Table 45 North America: Aerogel Market Size, By Country, 2015–2022 (Tons)
Table 46 North America: Aerogel Market Size, By Application, 2015–2022 (USD Million)
Table 47 North America: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 48 US: Aerogel Market Size, By Application, 2015–2022 (USD Million)
Table 49 US: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 50 Canada: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 51 Canada: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 52 Mexico: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 53 Mexico: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 54 APAC: Aerogel Market Size, By Country, 2015–2022 (USD Million)
Table 55 APAC: Aerogel Market Size, By Country, 2015–2022 (Tons)
Table 56 APAC: Aerogel Market Size, By Application, 2015–2022 (USD Million)
Table 57 APAC: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 58 China: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 59 China: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 60 Japan: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 61 Japan: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 62 South Korea: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 63 South Korea: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 64 Europe: Aerogel Market Size, By Country, 2015–2022 (USD Million)
Table 65 Europe: Aerogel Market Size, By Country, 2015–2022 (Tons)
Table 66 Europe: Aerogel Market Size, By Application, 2015–2022 (USD Million)
Table 67 Europe: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 68 Germany: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 69 Germany: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 70 UK: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 71 UK: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 72 Sweden: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 73 Sweden: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 74 Middle East & Africa: Aerogel Market Size, By Country, 2015–2022 (USD Million)
Table 75 Middle East & Africa: Aerogel Market Size, By Country, 2015–2022 (Tons)
Table 76 Middle East & Africa: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 77 Middle East & Africa: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 78 Saudi Arabia: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 79 Saudi Arabia: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 80 UAE: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 81 Iran: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 82 Iran: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 83 South America: Aerogel Market Size, By Country, 2015–2022 (USD Thousand)
Table 84 South America: Aerogel Market Size, By Country, 2015–2022 (Tons)
Table 85 South America: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 86 South America: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 87 Brazil: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 88 Brazil: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 89 Venezuela: Aerogel Market Size, By Application, 2015–2022 (USD Thousand)
Table 90 Venezuela: Aerogel Market Size, By Application, 2015–2022 (Tons)
Table 91 Contract & Agreement, 2013–2017
Table 92 Expansion, 2013–2017
Table 93 New Product Launch, 2013–2017
Table 94 Joint Venture, 2013–2017


List of Figures (42 Figures)

Figure 1 Aerogel Market: Research Design
Figure 2 Aerogel Market: Data Triangulation
Figure 3 Silica Segment to Lead Aerogel Market, By Type, 2017—2022 (USD Million)
Figure 4 Transportation Segment to Be the Fastest-Growing Application, 2017—2022 (USD Million)
Figure 5 Blanket Segment to Lead Aerogel Market, By Form, 2017—2022 (USD Million)
Figure 6 as Manufactured Segment to Lead Aerogel Market, By Processing, 2017—2022 (USD Million)
Figure 7 North America to Be Largest Aerogel Market Between 2017 and 2022
Figure 8 APAC to Be Fastest-Growing Aerogel Market Between 2017 and 2022
Figure 9 Aerogel Market to Register High CAGR Between 2017 and 2022
Figure 10 North America to Be Largest Market for Aerogel, 2017—2022 (Tons)
Figure 11 US Held Largest Share of North American Aerogel Market in 2016
Figure 12 Oil & Gas Segment Held Largest Market Share Across All Regions, 2016 (Tons)
Figure 13 Silica Segment to Lead Aerogel Market, 2017—2022 (Tons)
Figure 14 Rising Demand From End-Use Industries to Drive Aerogel Market in APAC
Figure 15 Drivers, Restraints, and Opportunities in Aerogel Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 Silica Segment to Lead Aerogel Market, 2017—2022 (USD Million)
Figure 18 Blanket Segment to Lead Aerogel Market, 2017—2022 (USD Million)
Figure 19 as Manufactured Segment to Lead Aerogel Market, 2017—2022 (USD Million)
Figure 20 Oil & Gas Application Segment to Lead Aerogel Market, 2017—2022 (USD Million)
Figure 21 North America to Lead Oil & Gas Application Segment of Aerogel Market, 2017—2022 (USD Million)
Figure 22 APAC to Be Second-Largest Aerogel Market for Construction Application Segment, 2017—2022 (USD Million)
Figure 23 North America to Lead Aerogel Market for Transportation Application Segment, 2017—2022 (USD Million)
Figure 24 North America to Lead Aerogel Market for Performance Coating Application Segment, 2017—2022 (USD Million)
Figure 25 Europe to Be Second-Largest Aerogel Market for Day-Lighting & Lvhs Application Segment, 2017—2022 (USD Thousand)
Figure 26 North America to Lead Aerogel Market for Other Applications, 2017—2022 (USD Thousand)
Figure 27 India to Be Fastest-Growing Aerogel Market Between 2017 and 2022
Figure 28 North American Aerogel Market Snapshot
Figure 29 APAC Aerogel Market Snapshot
Figure 30 India: Aerogel Market Size, 2015–2022
Figure 31 Australia: Aerogel Market Size, 2015–2022
Figure 32 European Aerogel Market Snapshot
Figure 33 France: Aerogel Market Size, 2015–2022
Figure 34 Italy: Aerogel Market Size, 2015–2022
Figure 35 Egypt: Aerogel Market Size, 2015–2022
Figure 36 Colombia: Aerogel Market Size, 2015–2022
Figure 37 Argentina: Aerogel Market Size, 2015–2022
Figure 38 Companies Adopted Contract & Agreement as Key Growth Strategy Between 2013 and 2017
Figure 39 Ranking of Key Market Players, 2016
Figure 40 Aspen Aerogels: Company Snapshot
Figure 41 Cabot Corporation: Company Snapshot
Figure 42 BASF: Company Snapshot


Request for detailed methodology, assumptions & how numbers were triangulated.

Our USP is "Customised multi client reports"-so feel free to provide us specific interest in much greater detail..!!
  • Select all
  • News-Letters with latest Market insights
  • Information & discussion on the relevant new products and services
  • Information & discussion on Market insights and Market information
  • Information & discussion on our events and conferences
    • Select all
    • Email Phone Professional and social network (Linkedin, etc)
Report Code
CH 2967
Published ON
Jan, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Aerogel Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved