Aerogel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Aerogel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global aerogel market exhibited strong growth during 2015-2020. Also known as frozen smoke, aerogel is a translucent, synthetic solid-state substance that has an extremely low density and excellent thermal insulating properties. It is mainly produced by replacing the liquid element of the gel with gas in a high-temperature environment. It is light in weight and has a high surface area, owing to which it is widely utilized in various industrial and commercial applications across the globe.

The market is currently experiencing strong growth on account of the expanding applications of aerogel in numerous end use industries. For instance, it is employed in the aerospace industry in the manufacturing of wetsuits and spacesuits. It is also used in the construction sector as a superlight concrete and wall insulator. Besides this, aerogel serves as a crucial component in the manufacturing of fire suits, spacecraft and vehicles due to its superior thermal insulation property. Additionally, owing to its several other advantageous properties, it is gaining popularity in the electronics, and oil and gas industries worldwide. Furthermore, some of the leading vendors operating in the industry are focusing on increasing their budget for research and development (R&D) activities to introduce polymer-based aerogels that have enhanced strength and flexibility. Such steps are expected to be instrumental in expanding their existing consumer base and market share, thus contributing to the market growth. These factors collectively are projected to fuel the market growth in the upcoming years. Looking forward, IMARC Group expects the global aerogel market to grow at a CAGR of around 11% during 2021-2026.

Breakup by Processing:

Breakup by Type:

Silica aerogel exhibits a clear dominance in the market.

Breakup by Form:

At present, blanket accounts for the majority of the total market share.

Breakup by Application:

Oil and Gas
Aerogel finds vast applications in the oil and gas industry.

Regional Insights:

North America
Asia Pacific
Middle East and Africa
Latin America
On the geographical front, North America enjoys the leading position in the market.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:

Aspen Aerogels, Inc.
Cabot Corporation
The Dow Chemical Company
JIOS Aerogel Corporation
Svenska Aerogel Holding AB
Enersens SAS
Active Aerogels
Nano Tech Co., Ltd.
Guangdong Alison Hi-Tech Co., Ltd.
Intelligent Insulation
Surnano Aerogel Co. Ltd.
TAASI Corporation
Protective Polymers Ltd.
Green Earth Aerogel Technologies Limited

Key Questions Answered in This Report:

How has the global aerogel market performed so far and how will it perform in the coming years?
What are the key regions in the industry?
What has been the impact of COVID-19 on the global aerogel market?
Which are the popular types in the industry?
What are the leading forms in the industry?
What are the major processing segments in the industry?
What are the dominant applications in the industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global aerogel market and who are the key players?
What is the degree of competition in the global aerogel market?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aerogel Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Form
5.6 Market Breakup by Processing
5.7 Market Breakup by Application
5.8 Market Breakup by Region
5.9 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Type
9.1 Silica
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Polymer
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Carbon
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Form
10.1 Blanket
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Particle
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Panel
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Monolith
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by Processing
11.1 Virgin
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Composites
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Additives
11.3.1 Market Trends
11.3.2 Market Forecast
12 Market Breakup by Application
12.1 Oil & Gas
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Construction
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Transportation
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Electronics
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Others
12.5.1 Market Trends
12.5.2 Market Forecast
13 Market Breakup by Region
13.1 North America
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 Europe
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 Asia Pacific
13.3.1 Market Trends
13.3.2 Market Forecast
13.4 Middle East and Africa
13.4.1 Market Trends
13.4.2 Market Forecast
13.5 Latin America
13.5.1 Market Trends
13.5.2 Market Forecast
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aspen Aerogels, Inc.
14.3.2 BASF SE
14.3.3 Cabot Corporation
14.3.4 The Dow Chemical Company
14.3.5 JIOS Aerogel Corporation
14.3.6 Svenska Aerogel AB
14.3.7 Enersens SAS
14.3.8 Active Aerogels
14.3.9 Nano Tech Co., Ltd.
14.3.10 Guangdong Alison Hi-Tech Co., Ltd.
14.3.11 Intelligent Insulation
14.3.12 Surnano Aerogel Co. Ltd.
14.3.13 Taasi Corporation
14.3.14 Protective Polymers Ltd
14.3.15 Green Earth Aerogel Technologies Limited

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