Aerogel Insulation Market Forecasts | 2.5 Billion-Dollar Mark by 2025, 350 pages report

Global Market Insights, Inc. has recently added a new report on aerogel insulation market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of aerogel insulation industry.

According to the report by GMI, Asia Pacific aerogel insulation market will cross USD 350 million in 2025. Rapid economic growth and low interest rates in the real estate sector will continue to drive the business size. An upsurge in urban development owing to the surging industrialization and massive push in the residential buildings sector will provide positive scope for the industry share. Increasing trend in the discretionary income and credit availability has boosted the demand for consumer durables. Favorable investment schemes to boost regional construction sector will further support the demand of overall market.

Europe is anticipated to surpass 30 million square meters in the overall aerogel insulation industry over the projected time period. Rising awareness of green building materials, smart cities, and Internet of Things will propel the business size in Europe. Rapid surge in the automobiles sales and production owing to the increasing consumer disposable income will stimulate the product demand in the region.

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Building and construction is anticipated to hold over 29% share in the overall aerogel insulation market in 2025 which will cross USD 950 million revenue. Increasing new construction & architectural techniques catering the demand for high end insulation material will foster the segment growth. In addition, several initiatives such as energy efficient directive (EED) implemented by EU to boost energy performance of buildings will further enhance the business expansion.

Carbon type insulation segment will observe significant gains exceeding 15% CAGR in the overall market during the projected time period. Increasing application of carbon material in the electronic industry owing to its electrically conductive nature will further augment the segment size. These material stands to benefit from existing regulation such as environmental or chemical standards like the REACH regulation. Long terms strategic partnerships with raw material suppliers to reduce operational cost are the among the key strategies that are adopted by the industry participants.

Silica form accounted for more than 75% of the aerogel insulation market share in 2018. Key benefits such as low bulk density, optical transparency, effective absorption of infra-red radiations, and lower thermal conductivity will provide strong outlook for the segment growth. Besides, rapid advancements of sol-gel techniques have led to fast progress in synthesis of porous materials which in return will further fuel the segment scope in the industry.

Browse key industry insights spread across 350 pages with 300 market data tables & 13 charts & figures from the report, “Aerogel Insulation Market Size By Type (Silica, Polymer, Carbon), By Form (Blankets, Panels, Particle, Block), By End-Use (Oil & Gas, Building & Construction, Automotive, Aerospace & Marine, Performance Coatings), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Netherlands, Spain, Belgium, Sweden, China, India, Japan, Australia, Malaysia, Indonesia, Thailand, South Korea, Vietnam, Singapore, Philippines, Brazil, Mexico, South Africa, UAE, Saudi Arabia, Qatar, Oman), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

Steady inflation in the oil & gas industry owing to the constant supply from oil rich economies across the globe will stimulate the demand for aerogel insulation market share. Key product applications in supercapacitors, padding for heat storage in automobiles, and electrodes for capacitive deionization supports the product portfolio. Besides, major properties of aerogel afford their suitability for many applications in high-tech commercial field such as waste management, super insulating jackets, and nuclear particle detection.

Global industry share is competitive in nature owing to the presence of several global and regional players. Major companies present in the business include BASF, Aerogel technologies, Aspen, Svenska and Enersen SAS. Other prominent players include Cabot Corporation, Nano High-Tech, Guangdong Alison Hi-Tech, Active Aerogels, and Jios. Global players are making substantial investments in several technological advancements and innovations for strengthening their foothold in the overall aerogel insulation market across the globe.

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Aerogel insulation market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Thousand Square Meters & revenue in USD Million from 2013 to 2025, for the following segments:

Aerogel Insulation Market, By Type
o Silica
o Polymer
o Carbon
o Others (fiberglass)

Aerogel Insulation Industry, By Form
o Blankets
o Panel
o Particle
o Block

Aerogel Insulation Industry, By End-Use
o Oil & gas
o Building & construction
o Automotive, aerospace & marine
o Performance coatings
o Others (electronics)

The above information is provided on a regional and country basis for the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Organization: Global Market Insights, Inc.
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Release ID: 88889972