Global Silica Aerogel Market Growth 2023-2029

Global Silica Aerogel Market Growth 2023-2029

Aerogel is a synthetic porous ultralight material derived from a gel, in which the liquid component of the gel has been replaced with a gas. The result is a solid with extremely low density and low thermal conductivity.

Silica aerogel is the most common type of aerogel, and the most extensively studied and used. It is silica-based, derived from silica gel. The lowest-density silica nanofoam weighs 1,000 g/m3, which is the evacuated version of the record-aerogel of 1,900 g/m3. Silica aerogels also have a high optical transmission of ~99% and a low refractive index of ~1.05.
LPI (LP Information)' newest research report, the “Silica Aerogel Industry Forecast” looks at past sales and reviews total world Silica Aerogel sales in 2022, providing a comprehensive analysis by region and market sector of projected Silica Aerogel sales for 2023 through 2029. With Silica Aerogel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silica Aerogel industry.
This Insight Report provides a comprehensive analysis of the global Silica Aerogel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silica Aerogel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Silica Aerogel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silica Aerogel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silica Aerogel.
The global Silica Aerogel market size is projected to grow from US$ 444.1 million in 2022 to US$ 1334 million in 2029; it is expected to grow at a CAGR of 1334 from 2023 to 2029.
The major players in global Silica Aerogel market include Aspen Aerogels, Cabot Corporation, Nano High-Tech, etc. The top 3 players occupy over 60% shares of the global market. North America and China are main markets, they occupy about 60% of the global market. Blanket is the main type, with a share about 80%. Oil & Gas Consumables is the main application, which holds a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Silica Aerogel market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Blanket
Particle
Panel
Other
Segmentation by application
Building Insulation
Aerospace & Defence Materials
Transportation
Oil & Gas Consumables
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aspen Aerogels
Cabot Corporation
Aerogel Technologies
Nano High-Tech
Guangdong Alison Hi-Tech
Active Aerogels
Enersens
Jios Aerogel Corporation
Insulgel High-Tech
Guizhou Aerospace
Green Earth Aerogel Technologies (GEAT)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Silica Aerogel market?
What factors are driving Silica Aerogel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Silica Aerogel market opportunities vary by end market size?
How does Silica Aerogel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.