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Aerogels - Global Strategic Business Report

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    Report

  • 518 Pages
  • October 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1206728
The global market for Aerogels is estimated at US$988.8 Million in 2023 and is projected to reach US$2.0 Billion by 2030, growing at a CAGR of 10.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the aerogels market is driven by several factors. One of the primary drivers is the increasing demand for energy-efficient insulation materials in the construction industry, as aerogels offer superior thermal performance compared to traditional insulation materials. The aerospace sector also significantly contributes to market growth, leveraging the lightweight and insulating properties of aerogels to improve fuel efficiency and thermal management in aircraft. The oil and gas industry's need for high-performance insulation materials that can operate under extreme conditions has further boosted the demand for aerogels.

Technological advancements have made aerogels more cost-effective and easier to produce, increasing their adoption across various industries. Environmental regulations and the push for sustainable materials have also played a crucial role, as aerogels provide an eco-friendly solution to insulation and energy storage challenges. These factors collectively underscore the expanding scope and dynamic growth of the aerogels market, reflecting their pivotal role in advancing material science and industrial applications.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Silica Aerogels segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 8.9%. The Polymer Aerogels segment is also set to grow at 14.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $387.3 Million in 2023, and China, forecasted to grow at an impressive 12.3% CAGR to reach $198.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Aerogels Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aerogels Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Aerogels Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Active Aerogels, Armacell, Aspen Aerogels Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 43 Featured):

  • Active Aerogels
  • Armacell
  • Aspen Aerogels Inc.
  • BASF SE
  • Cabot Corporation
  • CF Technologies, Inc.
  • Dow, Inc.
  • Enersens
  • Guangdong Alison Hi-Tech Co. Ltd
  • JIOS Aerogel Corporation
  • Svenska Aerogel AB
  • TAASI Corporation
  • Thermablok Aerogels Ltd
  • ZheJiang Surnano Aerogel Co. Ltd

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Outlook
  • Competitive Scenario
  • Aerogels - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Aerogels Market Soaking up Limelight with Dynamic Performance: An Outlook
  • Analysis by Type: Silica Aerogel Market Worth its Weight in Gold
  • World Aerogels Market by Type (2023 & 2030): Percentage Breakdown of Sales for Silica, Polymers, Carbon, and Other Types
  • Supercritical Drying & Virgin Aerogels: Key Technology & Process Categories
  • World Aerogels Market by Technology (2023 & 2030): Percentage Breakdown of Sales for Supercritical Drying, and Other Technologies
  • Analysis by End-Use
  • World Aerogels Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Oil & Gas, Building & Construction, Transportation, Performance Coatings, and Other End-Uses
  • Regional Analysis
  • World Aerogels Market by Region (2023 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Aerogels Market - Geographic Regions Ranked by CAGR (Sales) for 2022-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
  • An Introduction to Aerogels
  • Properties of Aerogels
  • Composition
  • Review on Key Applications of Aerogels
  • Nano Aerogels: Development and Characteristics
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Aerogel Insulation: Solving a Range of Insulation Challenges
  • Intriguing Lightweight, Thinner Alternative: Host of Salient Drivers Spearheading Growth
  • Market Witnesses High Demand for Silica Aerogels
  • R&D and Advancements for New Products & Processes to Drive Market Adoption
  • Emergence of Advanced Wood Based Aerogels
  • Innovative Aerogels for Automotive and Aerospace Industries
  • Innovative Aerogel for Pharmaceutical and Medical Use
  • Silica Aerogels for Insulation and Energy Storage
  • New Aerogel Materials Display Superelasticity and Functionality at High Temperatures
  • Advancements in the Field of Aerogel Production
  • Graphene Meta-Aerogels with Superelasticity
  • Healthy Trajectory in Oil & Gas Sector Favors Growth
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2023
  • Rising Use of Oil & Gas Products & Increase in E&P Activities to Drive Market Gains
  • Global Liquid Fuels Production (In Million Barrels Per Day): 2018-2024
  • Global Natural Gas Production (In Billion Cubic Meter (BCM)) for Years 2018 Through 2022
  • Transition from Coal to Gas Power Generation: Opportunity for Growth
  • Global Energy Production by Source: Breakdown of Electricity (Billion Kilowatt Hours) by Source for 2030 & 2040
  • Robust Demand from Building & Construction Industry
  • Construction Industry Dynamics Impacts Aerogels Industry Fortunes
  • Rising Investments in Infrastructure Projects Strengthens Market Prospects
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Urbanization in Developing Countries to Drive Growth
  • World Urban Population in Million: 1950-2050P
  • Recovery in Construction Sector to Boost Demand for Aerogels
  • Global Construction Spending (in US$ Trillion) for the Years 2020-2028
  • Automotive Industry: Another Major Market for Aerogels
  • Global Automotive Lightweight Materials Market (In US$ Billion) for the Years 2022, 2024 & 2026
  • Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030
  • Evolving Car Electronics to Drive Long Term Gains
  • Popularity of Electric Vehicles to Power Growth
  • Electric Mobility & Energy Storage Applications New Growth Avenues
  • World Electric Commercial Vehicles Market Analysis of Annual Sales in Units for Years 2020 through 2027
  • Aerogels Prospects in Aerospace Sector
  • Number of Scheduled Passengers Boarded by Airlines Worldwide industry (In Million) for Years 2018 Through 2023
  • Growth Patterns in Commercial Aviation Sector to Guide Growth Opportunities
  • Global Commercial Airline Revenues (in US$ Billion) for the Years 2010. 2015, 2020, and 2025
  • Rise in Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the Market
  • Global Aircraft Deliveries by Region: 2021-2040
  • Aging Aircraft Fleet, an Opportunity for Fleet Upgrades and Replacement Parts & Components
  • Average Age (in Years) of Globally Operating Aircraft Fleet for 2020 & 2030
  • Issues Challenging the Aerogel Industry
  • High Product Cost Remains a Challenge
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Aerogels Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Aerogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Aerogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Aerogels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Silica by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Silica by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Silica by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Carbon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Carbon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Carbon by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Supercritical Drying by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Supercritical Drying by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Supercritical Drying by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Building & Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Performance Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Performance Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 34: World 16-Year Perspective for Performance Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 37: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPAN
CHINA
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Active Aerogels
  • Armacell
  • Aspen Aerogels Inc.
  • BASF SE
  • Cabot Corporation
  • CF Technologies, Inc.
  • Dow, Inc.
  • Enersens
  • Guangdong Alison Hi-Tech Co. Ltd
  • JIOS Aerogel Corporation
  • Svenska Aerogel AB
  • TAASI Corporation
  • Thermablok Aerogels Ltd
  • ZheJiang Surnano Aerogel Co. Ltd

Table Information