Global Aerogel Market poised to grow beyond USD 1933 million by 2021
Infinium Global Research has added a new report on Global Aerogel Market: Trends Analysis and Forecast 2021. The report presents analysis global as well as regional markets of Aerogels over the period of 2015 to 2021 Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2016 to 2021.
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The global aerogel market was dominated by the North American region followed by the Asia-Pacific and European aerogels market. On the basis of countries, the U.S. and China led the global aerogels market. The growing demand for aerogels in the oil and gas application has played a major role in driving the aerogel market across the globe. Similarly factors such as growing globalization leading to an increase in investments, new establishments for construction and properties of aerogel such as high insulation, being cheap and abundant availability of the raw material are some of the important factors responsible for the growth of the global aerogels market.
Furthermore, various end-use markets such as oil & gas, construction, automotive, marine, & aerospace among others are expected to drive the aerogels market across the globe. Moreover, the fact that the aerogel is being witnessed as a valuable replacement for thermal insulation materials, since it is providing cost competitiveness to other high performance thermal insulating materials plays a major role in driving the market globally.
Aerogels are used for the applications such as oil & gas, construction, automotive, marine & aerospace, performance coating, day-lighting & LVHS, among others. The report identifies the largest application for which aerogels are used. Among the geographies North America is expected to be the largest market for the aerogels market over the Forecast period from 2016 to 2021. The report covers the analysis of global as well as regional markets of the Aerogels market.
Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of Aerogels. Moreover, the study highlights current market trends and provides forecast from 2016 to 2021. We also have highlighted future trends in the Aerogels that will impact the demand during the forecast period.
The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.
The companies covered in the report 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).
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