Global Arogel Market, By Type (Silica Aerogel, Polymer Aerogel, Carbon Aerogel, Other {Metal Oxide Aerogel, Metal Chalcogenides Aerogels, Metal Aerogel}), Form (Blanket, Particle, Panel, Monolith), Processing (Manufactured, Composites, Additives), Application (Oil & Gas, Construction, Performance Coating, Day-Lighting & Lvhs, Transportation {Aerospace, Automotive, Marine}, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025

Market Analysis: Global Arogel Market

The Global Arogel Market is expected to reach USD 1070.16 million by 2025, from USD 451.2 million in 2017 growing at a CAGR of 11.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Arogel Market

Arogel is solid foam, derived by replacing the liquid component of the gel with the gas. It is made out of an interconnected nanostructure coordinate with least half porosity. Besides being strong, it is amazingly permeable and lightweight. Moreover, it comprises of low warm conductivity highlights, which make it a perfect protection material. The aerogel sponge can be recycled after many usage, therefore is shows its eco-friendly nature and cost effectiveness. Arogel has wide application in oil & gas, aerospace, agriculture, power generation and other. According to article published by Department of Business, in 2016-17 in Scotland, the sales for oil and gas increased by 15.2% from year 2015-16 and is expected to reach to approximately USD 23.0 billion. As per The U.S. Aerospace and Defense (A&D) industry, in 2016, aerospace and defense industry generated USD 872 billion in sales and generated USD 146 billion from export. Thus, the above factors shows that the oil & gas industry and aerospace & defense is growing and will derive the demand of arogel.

Market Drivers:

Growing demand for superior thermal resistance

Increasing usage of environmental friendly material

Rising usage in aerospace industry

Market Restraint:

Cost of production is high

Poor mechanical strength

Segmentation: Global Arogel Market

By Type

Silica Aerogel

Polymer Aerogel

Carbon Aerogel

Other Metal oxide aerogel Metal chalcogenides aerogels Metal aerogel



By Form

Blanket

Particle

Panel

Monolith

By Processing

Manufactured

Composites

Additives

By Application

Oil & Gas

Construction

Performance Coating

Day-Lighting & LVHS

Transportation Aerospace Automotive Marine

Other

By Geography

North America U.S. Canada, Mexico

Europe Germany France United Kingdom Italy Spain Russia Turkey Belgium Netherlands Switzerland Rest of Europe

Asia-Pacific Japan China South Korea India Australia Singapore Thailand Malaysia Indonesia Philippines Rest of Asia Pacific

South America Brazil Rest of South America

Middle East & Africa South Africa Saudi Arabia UAE Rest of MEA



Competitive Landscape: Global Arogel Market

The global arogel market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of arogel market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In 2017, Aspen Aerogel Inc. launched Pyrogel HPS aerogel insulation technology which provided thermal conductivity and economic performance to service temperature of up to 650°C

Key Market Competitors: Global Arogel Market

The key players operating in the global arogel market are –

BASF SE

Aerogel Technologies

Nano High-Tech

Guangdong Alison Hi-Tech

The other players in the market are Cabot Corporation, Aspen Aerogel Inc., Svenska Aerogel AB, American Aerogel Corporation, Dow Corning Corporation, JIOS Aerogel, Active Aerogels, Enersens, Green Earth Aerogel Technologies, DowDupont, Svenska Aerogel AB, TAASI Corporation, Airglass AB, Acoustiblok UK Ltd., and Active Aerogels, among others.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

Historical and current market size and projection up to 2025

Market trends impacting the growth of the global arogel market

Analyze and forecast arogel market on the basis of type, form, processing and application

Trends of key regional and country-level markets for type, form, processing and application

Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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