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Aerogel Market includes extensive analysis of the factors driving as well as restraining the market. It consists of the market projections for period, 2014-2021<br>
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Opportunity Analysis and Industry Forecast, 2016-2023 Know the Factors that Driving the Growth of Aerogel Market Global Opportunity Analysis and Industry Forecast, 2014-2021
Aerogel Market “Silica aerogel is the most widely consumed raw material owing to its efficiency and lightweight. The carbon aerogel segment is anticipated to grow at the highest CAGR of 35.6% during the forecast period on account of its increasing applications across electronics, semiconductor, and supercapacitor industries. In addition, rising adoption of graphene (carbon based) aerogel in oil absorption and energy storage applications would further boost the growth of carbon aerogel segment during the forecast period.”
Aerogel Market Overview Aerogel Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1,926.6 million by 2021. Silica aerogel is expected to generate around three-fourths of the overall market revenue by 2021. The European aerogel market is projected to grow at the highest CAGR of 34.2% during the forecast period. Access Full Summary at : https://www.alliedmarketresearch.com/aerogel-market Aerogel is a porous, dry solid material that exhibits a wide array of properties, such as low density, low thermal conductivity, and light weight. The primary attributes of aerogel, such as reusability, recyclability, high durability, and thermal resistance, have fostered its adoption across numerous end-user industries such as oil & gas, automotive, aerospace, electronics, and others. However, mass adoption of aerogel is strictly limited to these industries, owing to its relatively high pricing. However, application areas of aerogel are likely to be diversified with the advent of various cost-efficient manufacturing techniques
Aerogel Market The aerogel market is dominated by silica aerogel, which is used in almost all major applications, such as oil & gas, building insulation, automotive, aerospace, electronics, and others. However, the report segments the market by raw materials such as carbon, alumina and others. Silica aerogel, garnered more than three fourth share in the aerogel market worldwide, in 2014. However, the consumption of carbon aerogel is estimated to be the highest owing to growing application of carbon aerogel in electronics, semiconductor and super capacitors applications, during the forecast period.. Moreover, graphene (carbon based) aerogel, could be the ideal raw material for oil absorption application owing to its extremely low density and hydrophilic attributes. The aerogel market is segmented by form into blanket, particle/powder, blocks and panel. Theblanket aerogel captured more than 70% share in the total market, in 2014. This is due to its wide usage in oil & gas, pharmaceuticals, and other industries.
Aerogel Market Snapshot In terms of geography, the aerogel market is segmented into North America, Europe Asia-Pacific, and LAMEA. Consumption of the aerogel in North America, was the highest owing to increasing demand of aerogel for oil & gas and construction applications, in 2014. . However, Europe would be the fastest growing region, accounting for the highest CAGR of 34.7% in the market across the globe. Competitive Intelligence of the prominent manufacturers operating in the aerogel market, provides key insights on the strategies implemented. Top market players adopt product launch, partnership, and expansion as their key business strategies to sustain in the competitive market. Some of the leading manufacturers profiled in this report include Aspen Aerogel Inc., Cabot Corporation, American Aerogel Corporation, Svenska Aerogel AB, BASF SE, Dow Corning Corporation, Airglass AB, JIOS Aerogel, Active Aerogels, and Acoustiblok UK Ltd.
Key Benefits of Aerogel Market • It includes extensive analysis of the factors driving as well as restraining the market • It consists of the market projections for period, 2014-2021 • It provides quantitative as well as qualitative analysis of trends to help the stakeholders in understanding the situations prevailing in the market. • It includes SWOT analysis which helps in comprehending the internal environment of the leading companies for strategy formulation. • It highlights competitive intelligence of the business practices followed by the leading market players across various geographies.
Aerogel Market North America Europe Asia-Pacific LAMEA
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