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Global Aerogel Market 2016 Share, Trend, Segmentation and Forecast to 2020

Sunday, November 6, 2016 21:38
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(Before It's News)

Global Aerogel market was currently valued at $294.1 million in 2014 and is expected to reach $1598.6 million by 2020 showing a compound annual growth rate of 32.6%. Among all the regions in the world North America is the largest market for Aerogel accounting for over 60% of the market owing to the special interest towards research, development and innovation, use of new materials in that region. Asia Pacific is the fastest growing market during the period 2014-2020 due to the technological advancement in that region. Aerogel is a synthetic porous ultra-light material derived from a gel, in which the liquid component of the gel has been replaced with a gas.

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Other Aerogel is the fastest growing segment in the segmentation of aerogel based on raw materials showing a CAGR of 47%.Silica aerogel was the largest revenue generated aerogel in 2014. Oil and gas end user industry segmentation dominated the aerogel market with about 72% in 2014.The Blanket is the leading segment of aerogel market by form globally. It accounted for a share of 82% of the total market in 2014.

Among all the countries in the world North America is the largest consumer and producer of Aerogel due to its strong innovational technologies setup. China is the second largest consumer of Aerogel in the world. Aerogel has been used in Space suits by the National aeronautics and space administration(NASA) in the United States. Brazil, Japan, United Kingdom, Germany are among the few other countries who have been using aerogels in large amounts.

The key players in Aerogel market include Acoustiblok UK Ltd, AirGlass AB, BASF SE, Dow Chemical Corporation, Honeywell International, SVENSKA Aerogel AB, Green Earth Aerogel Technologies.

DRIVERS: Growth is largely fueled by the increasing demand from developing countries in Asia Pacific and Europe due to their increasing research in innovation of materials and new application areas. Aerogel is very easy to install as an insulator and is lighter, thinner and more durable than conventional insulators which adds to the growth of this market. Furthermore Aerogel is reusable and recyclable adding to the benefits of using aerogel.

RESTRAINTS: Higher costs of production serves as a major restraint for the growth of the Aerogel market since it becomes very difficult to buy the end product for the customers who ultimately have to take the whole burden. Adverse economic condition in a particular industry also affects the market as it decreases the overall sales of aerogel in the market. Volatility in the raw materials also hinders the growth of this market.

What the report contains

The report elucidates the situation of Aerogel around the world and studies its markets segmented by Raw materials which includes Silica, Carbon, Alumina and Others; by Form which includes Blankets, Particles, Blocks and Panels; by Application which includes Building insulation, Acoustic insulation, day-lighting, fire protection , Automotive thermal management, Industrial & cryogenics and Other applications; by end user industry which includes Oil and gas, Construction, Automotive, Marine, Aerospace and Others.

Lastly, the report is divided by geography – North America, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa (MEA); where-in the market share of each region is analyzed and estimates are provided for the next 6 years.

Complete report details @ https://www.wiseguyreports.com/reports/364504-global-aerogel-market-segmented-by-type-application-and-geography-trends-and-forecasts-2015-2020          

Key points in table of content

1. Introduction

1.1 Description

1.2 Research Methodology

2. Executive Summary

3. Global Aerogel market

3.1 Overview

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness – Porter’s 5 Force Analysis

3.3.1 Bargaining Power of Suppliers

3.3.2 Bargaining Power of Consumers

3.3.3 Threat of New Entrants

3.3.4 Threat of Substitute Products and Services

3.3.5 Degree of competition

4. Market Dynamics

4.1 Drivers

4.1.1 Increased demand from developing countries

4.1.2 Ease of installation

4.1.3 Reusability and Recylability

4.1.4 Lighter, thinner and more durable than conventional insulations

4.2 Restraints

4.2.1 Volatility in raw material prices

4.2.2 High cost of production

4.2.3 Sales side pressures in adverse economic conditions

4.3 Opportunities

4.3.1 Increasing awareness of cost savings in Oil and gas industry

4.3.2 Ecofriendly means of thermal management

4.3.3 Effective substitution of fiber glass, foam and cellulose

5. Market Segmentation and Analysis

5.1 By Raw materials

5.1.1 Silica

5.1.2 Carbon

5.1.3 Alumina

5.1.4 Others

5.2 By form

5.2.1 Blankets

5.2.2 Particles

5.2.3 Blocks

5.2.4 Panels

5.3 By application

5.3.1 Building insulation

5.3.2 Acoustic application

5.3.3 day-lighting

5.3.4 fire protection

5.3.5 Automotive thermal management

5.3.6 Industrial & cryogenics

5.3.7 Other applications

5.4 By end user industry

5.4.1 Oil and gas

5.4.2 Construction

5.4.3 Automotive

5.4.4 Marine

5.4.5 Aerospace

5.4.6 Others

6. Regional Market Analysis (Market size, growth and forecast)

6.1 Asia-Pacific

6.1.1 China

6.1.2 India

6.1.3 Japan

6.1.4 South Korea

6.1.5 Rest of Asia-Pacific

6.2 North America

6.2.1 United States

6.2.2 Canada

6.2.3 Mexico

6.2.4 Rest of North America

6.3 Europe

6.3.1 Germany

6.3.2 United Kingdom

6.3.3 Italy

6.3.4 France

6.3.5 Rest of Europe

6.4 South America

6.4.1 Brazil

6.4.2 Argentina

6.4.3 Rest of South America

6.5 Middle-East & Africa

6.5.1 Saudi Arabia

6.5.2 South Africa

7. Competitive Landscape

7.1 Mergers & Acquisitions

7.2 Joint Ventures, Collaborations and Agreements

7.3 Market Share Analysis

7.4 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)

8.1 American Aerogel Corporation

8.2 Acoustiblok UK Ltd

8.3 Active Space Technologies

8.4 Aeroclay

8.5 Aerogels Composite

8.6 Airglass AB

8.7 Aspen Aerogel Inc

8.8 BASF SE

8.9 C F Technologies

8.10 CABOT CORPORATION

8.11 CDT Systems

8.12 ConocoPhillips

8.13 Dow chemical Corporation

8.14 Green Earth Aerogel Technologies

8.15 Honeywell International

8.16 JIOS Aerogel

8.17 Maero Tech Sdn Bhd

8.18 Megatex

8.19 Nano High-Tech

8.20 Nanopore

8.21 Ocellus

8.22 Royal Dutch Shell

8.23 SVENSKA AEROGEL AB

8.24 TAASI (The Attia Applied Sciences)

8.25 Wacker Chemie

9. Disclaimer

Get this report @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=364504

Contact US:

NORAH TRENT

Partner Relations & Marketing Manager

sales@wiseguyreports.com

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)           

 

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