Aerogels Market Analysis
Aerogels Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2018-26
Aerogel is a microporous, dense foam in which the liquid component is replaced by gas, making it the lightest solid. It exhibits high temperature resistance, low density, low optical index of refraction, low dielectric constant, high degree of porosity, high specific surface area, and thermal, acoustic, and impact damping properties. It can hold up to 4000 times its own weight. Aerogel sponge, can be recycled after use, thus indicating its ecological nature. Aerogel has important applications in the oil and gas, aerospace, healthcare, and electronic industries. High production cost and poor mechanical strength are major disadvantages of the aerogels market.
The multi-disciplinary use of aerogels across various sectors is a major driver for growth of the aerogel market. This has led to various technological advancements in the market. However, aerogels are found to irritate the eyes, skin, respiratory tract, and digestive system. Small silica particles can lead to silicosis when inhaled. This results in dehydration of the skin and eyes. Hence protective gear including respiratory protection, gloves, and eye goggles need to be worn while handling aerogels.
Aerogels Market Taxonomy:
On the basis of type, the global aerogels market is classified into:
On the basis of Form, the global aerogels market is classified into:
On the basis of Processing, the global aerogels market is classified into:
On the basis of application, the global aerogels market is classified into:
On the basis of end user, the global aerogels market is classified into:
Silica aerogel is the most used aerogel. It is used in important applications such as oil & gas, building insulation, automotive, aerospace, electronics, and others. The rising need for biodegradable products has been observed due to increasing awareness regarding environment protection. Aerogel proves to be an efficient alternative to conventional insulators as a result of its low thermal circulation, thus reducing the loss of energy and costs. Blankets are the most used form of aerogels as a result of its easy handling. Blankets are formed by the blending of silica aerogels and flexible fibers. As oil well lines, LNG tankers, and transfer lines need to be heated, super cooled, and protected to maintain product temperature aerogels are said to provide better thermal insulating properties. Oil & gas is the largest market for aerogels. The rising need for advanced insulation supplies in its important processes boosts the growth for oil & gas segment of the aerogels market. The increasing demand for aerogels applications in industries such as construction, oil & gas, and automobiles, is expected to drive the growth for the global aerogels market.
Aerogels Market Outlook
Green Earth Aerogel Technologies has developed carbon-based aerogel product by the usage of agricultural waste. This is a major advancement in the global aerogel market, as the widespread use combined with the biological nature of aerogel is projected to boost the aerogels market globally. The top companies of the market include Aspen Aerogels Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies LLC (U.S.), Nano High-Tech Co. Ltd. (China), Guangdong Alison Hi-Tech Co. Ltd. (China), Active Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Corporation (South Korea), and BASF SE (Germany).