Aerogel Market: Global Trends, Share, Size, Growth, Opportunity and Forecast 2018-2026
Aerogels Market |
Aerogel is the lightest solid because it is a microporous, dense foam in which the liquid component is replaced by gas. It has a strong thermal resistance, a low density, a low optical index of refraction, a low dielectric constant, a high degree of porosity, a large specific surface area, and thermal, acoustic, and impact damping qualities. It has the ability to support up to 4000 times its own weight. Aerogel sponges can be recycled after usage, suggesting their environmentally friendly character. Aerogel is used in a variety of industries, including oil & gas, aerospace, healthcare, and electronics. The market for aerogels has a number of drawbacks, including high production costs and low mechanical strength.
One of the primary factors limiting the growth of the Aerogel Market is the high cost of production. The high cost of raw materials (particularly alkoxide-based precursor materials), complex process technologies (solvent exchange stages, long reaction periods limited by diffusion), and the installation of relatively small production capacity of enterprises all contribute to the high cost of silica aerogels. Aerogel materials require a lot of research and development, which makes the whole process expensive. Aerogel materials are made via synthetic processes, which are less adaptable. Aerogel manufacture necessitates a complex facility due to the extremely specialised production procedures. Supercritical drying is the most expensive phase in the aerogel manufacturing process.
Market Segmentation
On the basis of type
- Silica
- Polymer
- Carbon
- Graphene
- Organic
- Alumina
- Others
- Blanket
- Particle
- Panel
- Monolith
On the basis of Processing
- Virgin Aerogel
- Fabricated Aerogel
The top companies of the Aerogel market include Aspen Aerogels Inc. (U.S.), Cabot Corporation (U.S.), Aerogel Technologies LLC (U.S.), Nano High-Tech Co. Ltd. (China), Guangdong Alison Hi-Tech Co. Ltd. (China), Active Aerogels (Portugal), Enersens SAS (France), JIOS Aerogel Corporation (South Korea), and BASF SE (Germany).
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