Silica Aerogel Market Is Estimated to Reach USD 1420.31 Million by 2029

New York, United States – October 12, 2023 —

Global Silica Aerogel Market Trends and Forecast 2022 – 2029, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Silica Aerogel Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Silica Aerogel market size, potential growth, trends and expansion strategies followed by top prominent players.

Global Silica Aerogel Market was valued at USD 946.80 million in 2021 and is expected to reach USD 1420.31 million by 2029, registering a CAGR of 5.20% during the forecast period of 2022-2029.

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Aerogels are a diverse class of ultralow synthetic materials that are generally derived from a gel. The liquid component of the gel is usually replaced with a gas through a process of supercritical drying. The product is composed of an interconnected nanostructure network possessing 50% porosity. The product is highly beneficial for various industries because of its features including lightweight and low thermal conductivity.

Global Silica Aerogel Market Prominent Players:

Active Aerogels (Portugal), Aspen Aerogels, Inc. (US), BASF SE (Germany), Cabot Corporation (US), Green Earth Aerogel Technologies (Spain), DuPont (US), HUATAO GROUP LTD. (China), ENERSENS (France), Svenska Aerogel AB (Sweden), Dow (US), JIOS Aerogel Corporation (South Korea), PBM Insulations Pvt. Ltd. (India),  Acoustiblok UK (UK), Armacell (Europe), Thermablok Aerogels Limited (UK), Arkema (France), Solvay (Belgium), Other

Global Silica Aerogel Market Scope:

Form

  • Blanket
  • Panel
  • Particle
  • Monolith

Processing

  • As Manufactured (Virgin)
  • Composites
  • Additives

Application

  • Oil and Gas
  • Construction
  • Transportation
  • Performance Coating
  • Day-Lighting and LVHS
  • Others

Regional Insights:

North America dominates the silica aerogel market because of the consolidated structure of the industry and product innovation and application development within the region. The rise in production of Electric Vehicles (EVs) and hybrid vehicles and high concentration of aerogel manufacturers also accelerate the market growth.

Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the implementation of energy efficiency policy mandates all buildings across countries in the region.

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Table of Content of Silica Aerogel Market:

1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Silica Aerogel market (2022 – 2029).

2: Exclusive Summary – the basic information of the Global Silica Aerogel Market.

3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Silica Aerogel; Post COVID Analysis.

4: Presenting the Global Silica Aerogel Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

5: Displaying the by Type, End User and Region/Country 2018-2022.

6: Evaluating the leading manufacturers of the Global Silica Aerogel Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.

7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022 – 2029).

 To be continued

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