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Aerogel market

Aerogel is a porous, solid material that exhibits high thermal resistance, low density, low optical index of refraction, low dielectric constant, high degree of porosity, high specific surface area, and superlative thermal, acoustic, and impact damping properties. Global demand for aerogel is projected to reach $547.9 million by 2019. The growth will be driven by the increasing demand for aerogel from oil & gas and construction applications. The North American region remains the largest market for aerogel, followed by Asia-Pacific. The Europe market is estimated to be the key growth area due to economic recovery in the region along with the increasing concern for the building insulation and energy savings.

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aerogel market is projected to register a CAGR of 19.1% between 2014 and 2019, in terms of volume.

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Lvhs global trends forecasts - PowerPoint PPT Presentation

Aerogel market

aerogel market is projected to register a CAGR of 19.1% between 2014 and 2019, in terms of volume.