(Aviation-NewsWire.Com, June 19, 2017 ) According to Publisher, the Global Aerogels market accounted for $465.79 million in 2015, and is projected to register a CAGR of 21.7% to reach $1840.23 million by 2022. Favourable policies related to eco-friendly infrastructure, increasing application of aerogels in oil & gas, construction are the major factors fuelling the market growth. In addition, unique properties of aerogels such as thermal resistance, technological innovations are some of the other factors driving the market growth. The major constraints for the growth of aerogels market are high cost of production coupled with the complicated manufacturing process of aerogels which are negatively impacting the market.
The carbon aerogel segment is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to increasing application of carbon aerogel in electronics, super capacitors, and semiconductor applications. North America commands the aerogel market with a higher CAGR due to increasing transportation and construction. Asia Pacific is expected to witness fastest growth, over the forecast period.
Some of the key players in global aerogel market include Acoustiblok UK Ltd, Active Space Technologies, Aerogel Technologies LLC, Airglass AB, American Aerogel Corporation, Aspen Aerogel (U.S.), BASF, Cabot Corp, Dow Chemicals (U.S.), Enersens SAS, Guangdong Alison Hi-Tech Co. Ltd, Jios Aerogel Corporation, Nano High-Tech Co. Ltd, and Svenska Aerogel AB.
Aerogel Types Covered: - Carbon - Polymer - Silica - Alumina - Other Aerogel Types o Chalcogel o CdSe aerogel o Safe Emulsion Agar gel (SEAgel)
Applications Covered: - Automotive - Marine - Aerospace - Oil & Gas - Construction - Performance Coating - Day lighting & LVHS - Chemicals - Electronics - Other applications o Apparel o Cryogenics o Power generation o Agriculture
Processing Covered: - Virgin Aerogel - Fabricated Aerogel o Additives o Composites
Forms Covered: - Monolith - Blanket - Powder or Particle - Panel - Blocks
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
11 Company Profiling 11.1 Acoustiblok UK Ltd 11.2 Active Space Technologies 11.3 Aerogel Technologies LLC 11.4 Airglass AB 11.5 American Aerogel Corporation 11.6 Aspen Aerogel (U.S.) 11.7 BASF 11.8 Cabot Corp 11.9 Dow Chemicals (U.S.) 11.10 Enersens SAS 11.11 Guangdong Alison Hi-Tech Co. Ltd 11.12 Jios Aerogel Corporation 11.13 Nano High-Tech Co. Ltd 11.14 Svenska Aerogel AB
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