Aerogel is the lightest mesoporous solid material present on Earth. It is derived by the replacement of liquid component of gel with a gas. It comprises an interconnected nanostructure network with a minimum porosity of 50%. Aerogels are extremely porous and have low thermal conductivity that make them ideal insulation materials.
In general, aerogels are available in several forms such as blankets, particles/powders, panels, and blocks among others. Among all, blankets are the most commonly used form of aerogels, owing to its ease of handling. Blankets are formed with the combination of silica aerogels and flexible fibers. In case of piping insulations, blankets are convenient for wrapping oil refinery pipes with suitable sheets. The market for blanket aerogel have witnessed tremendous growth in the European region. Eco-friendly initiatives taken by the government and growing concerns about vehicle ambience are the significant factors driving the growth of the European blanket aerogels market. However, high cost of production has hampered the growth of the blanket aerogels market in Europe.
The global Blanket Aerogel market was 220 million US$ in 2018 and is expected to 970 million US$ by the end of 2025, growing at a CAGR of 20.7% between 2019 and 2025.
This report studies the Blanket Aerogel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Blanket Aerogel in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Svenska Aerogel AB
Dow Corning Corporation
American Aerogel Corporation
JIOS Aerogel Corporation
Aerogel Technologies LLC
By the product type, the market is primarily split into
Below 5 Millimeters Thicknesses
5-8 Millimeters Thicknesses
Above 8 Millimeters Thicknesses
By the end users/application, this report covers the following segments
Oil & Gas
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Blanket Aerogel market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Blanket Aerogel market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Blanket Aerogel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Blanket Aerogel with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Blanket Aerogel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Blanket Aerogel are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Blanket Aerogel market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Blanket Aerogel market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.