Global Aerogel Market Size Forecast to 2028- Trends, Analysis and Outlook by Type, Form, Application and Geography
- May 2020 •
- 80 pages •
- Report ID: 5894317 •
- Format: PDF
• The Global Aerogel market is valued at $700 million in 2020
• Silica Type dominates the market
• Blanket form dominates the market
• Oil and Gas application is the largest user of Aerogel
The $0.7 billion Aerogel industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Aerogel market from 2020 to 2028.The Aerogel market research report presents detailed Aerogel market analysis, and forecasts to 2028. Detailed insights into global and regional Aerogel market statistics, Aerogel companies and growth prospects across verticals are included.
Aerogel Market Overview and Developments in 2020
The report presents a snapshot of recent market trends in the Aerogel industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, porter’s five forces analysis, and other analysis are included in the research.
Impact of COVID-19 on Global Aerogel market revenue
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Aerogel manufacturers and vendors. However, we expect the negative impact of COVID-19 on Aerogel to be compensated over the medium to long term future.
Aerogel Market Size and Outlook by Type to 2028
This chapter presents an insight into different Aerogel types and their contribution to global market growth. The growth in global Aerogel market size is forecast to continue despite the economic challenges. The report forecasts the Aerogel market revenue across different types, which include- Silica, Polymer, Carbon, Others. Of these, Silica dominates the global Aerogel market.
Aerogel Market Size and Outlook by Form to 2028
A long-term perspective indicates that Blanket form dominates the Aerogel market. The industry is classified into different technologies including Blanket, Particle, Panel, and Monolith.
Aerogel Market Share and Outlook by End-User Industry to 2028
The research suggests that there is a strong case for the development of new applications of Aerogel worldwide. Different application segments analyzed in the report are Oil and Gas, Construction, Automotive, marine and aerospace, Day lighting and LVHS, Performance coating, and others. The study identifies that Oil and Gas application has the most substantial value-creation potential.
Global Aerogel Company Profiles
The report presents business profiles of major companies operating in the industry including Aspen Aerogels, Inc., Aerogel Technologies LLC, American Aerogel Corporation, BASF SE, and Cabot Corporation.
The business overview, SWOT profile and product information are provided for all the companies.
The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.
Sources and Methodology
The data and analysis presented in this report are sourced from a wide range of sources such as associations, manufacturers, suppliers, distributors, consumer companies, and government sources.
Scope of the research
• Global and regional Aerogel Market Size estimates in revenue terms from 2019 to 2028
• Segmentation analysis across types, applications, and geographies
• Strategic analysis through trends, drivers, challenges, opportunities, porter’s five forces analysis
• Market Developments including M&A, new product development, and competitive analysis
• Potential strategies of leading companies