Aerogel Market Size, Share, Development, Growth and Demand Forecast to 2020.pdf

GLOBAL INDUSTRY INSIGHT:Aerogel Market Size, Share, Development, Growth and Demand Forecastto 2020

Global Aerogel Market Size, Share, Development, Growth andDemand Forecast to 2020Acoustic insulation application is the fastest growing application segment in the global aerogel market. The highporosity of aerogel reduces the sound velocity inside it, resulting in high sound absorption capacity. This is animportant characteristic of aerogel that promotes its use as an acoustic solution. Efficient thermal resistance,reusability and recyclability of aerogel, lighter and thinner alternatives to conventional insulations, high durabilityand protection from fire are the key factors driving the adoption of the aerogel market.Aerogel is a porous, synthetic and extremely light material derived from a gel, in which the liquid element of thegel has been replaced with a gas. Aerogels have low thermal conductivity and extremely low density. Aerogelscan be made from a variety of chemical compounds. In aerogel production, the liquid part of a gel is extractedby supercritical drying.For more information visit: https://www.psmarketresearch.com/market-analysis/aerogel-marketProduction of aerogel involves conventional evaporation in which the liquid is dried off slowly without affecting theconcrete matrix in the gel to disintegrate from capillary action. Initially, aerogels were produced from silicagels. Aerogel is a material that is 98.2% air, and due to the lack of solid material aerogel is almost weightless.Aerogel has a porous solid network that contains air pockets, with the air pockets, taking up majority of spacewithin the material. Aerogels are good thermal insulators because they nullify two of the three methods of heattransfer (radiation, convection and conduction). They are good conductive insulators, as they are composedentirely from gas, and gases are poor conductors of heat.For the better understanding, the global aerogel market can be categorised on the basis of raw material,applications and aerogel type. Based on the raw materials, aerogel market is divided into silica, carbon, aluminaand others. On the basis of applications, the aerogel market is divided into building insulation, oil and gasindustry, aerospace, automotive thermal management, chemicals, electronics, acoustic insulation, healthcare.Based on forms, the global aerogel market is divided into powder, blankets, blocks and panels. In 2013, blanketconstituted the largest segment in the aerogel market by form and is expected to experience substantial growth incoming years.The global aerogel market has many opportunities in future. Aerogel can be inserted in firefighter's protectivegears, due to its thermal protective performance. Due to its high heat resistance along with extremelightweightedness; it can be used as apparels in the cold regions. Besides, by having a high surface area, carbonaerogel can also be used for electrical energy storage and hydrogen. In addition, the extremely thin and easilyproduced polyurethane aerogel insulating panel is a further new invention in the aerogel market. This factor isinfluencing the growth of the aerogel panels segment.© P&S Market Research. All rights reserved 2

Global Aerogel Market Size, Share, Development, Growth andDemand Forecast to 2020High production cost is the most important restraining factor for the global aerogel market, as the rising costburden affects the consumers directly. High cost of production and dependence on general economic conditionsare some other factors obstructing the global aerogel market. Moreover, industries such as construction, powergeneration and petroleum are vulnerable to cross-boundary economic conditions and hence, the aerogel marketwhich are dependent, face sales side pressure in adverse economic conditions.Request for Table of Content: https://www.psmarketresearch.com/enquiry-form.php?enqid=174&title=TOCSome of the major competitors operating in the global aerogel market are Aspen Aerogels, Inc., CabotCorporation, and The Dow Chemical Company. However, there are various small scale companies spread acrossthe other parts of the globe trying to increase aerogel production.Browse more reports on Chemical Materials and Energy: https://www.psmarketresearch.com/industryreport/chemicals-materials-and-energyAbout P&S Market ResearchP&S Market Research is a global market research and consulting company. We provide market research reports,industry reports, business intelligence and research based consulting services across a range of industries.With the help of our professional corporate relations with various companies, our market research offers the mostaccurate market forecasting. Our analysts and consultants interact with leading companies of the concerneddomain to substantiate every single data presented in our publication. Our research assists our client inidentifying new and different windows of opportunity and frame informed and customized strategies for expansionin different regions.Contact:Ms SomyaManager – Client Partner347, 5th Ave. #1402New York City, NY - 10016Toll-free: +1-888-778-7886 (USA/Canada)Email: enquiry@psmarketresearch.comWeb: https://www.psmarketresearch.com© P&S Market Research. All rights reserved 3