The global aerogel insulation market is foretold to expand at a CAGR of 20% between 2019 to 2025 and was estimated at USD 0.6bn in 2018.
Over the last
few years, there have been tremendous changes in the aerogel insulation market.
Going green in the adoption of materials in building insulation is bringing a
positive change in the global aerogel insulation market.
Researchmoz
reports on the global aerogel insulation market citing the market size, growth
opportunities, drivers, restraints, and competitive edge.
Building Insulation Drives the Aerogel Insulation Market
Rapid
urbanization and industrialization are leading to the construction of better
infrastructures and buildings. The rise in construction is paving the way for
high-performance insulation to cater to energy-efficient buildings. Currently,
aerogels are regarded as not only the best insulation with high-performance
ability but also green building material that could lower the carbon footprint
in the environment.
Polymer Aerogel Boost Sales
Polymer
reinforced aerogels have many advantages over the traditional silica aerogel,
while silica is the most common gel used for its chemical and physical
properties, Polymer aerogels surpass it.
Polymer
aerogels are considered two times stronger than silica aerogel and provide the
same insulation properties and are also less fragile, which makes them best for
various applications. These factors will enhance the growth opportunities for
the aerogel insulation market in the following years.
However, the high
cost of aerogels might dampen the growth of global aerogel insulation in the
coming years.
Nevertheless,
growing awareness and adoption of green building materials will push the market
to swell over the forecast period.
Analysts View
Graphene
aerogels can be a low cost and high-performance insulation material for future
energy storage applications.
In aerogel
insulations, extremely low-density solid material and a high degree of
permeability are a couple of physical properties that will drive the growth in
the aerogel insulation market in the coming years.
Further, the
growing adoption of power beads in the construction of buildings to incorporate
energy conservation will bring out more growth opportunities over the forecast
period.
In terms of
region, Asia Pacific will dominate the global aerogel insulation market over
the forecast period. The growth in the region is primarily due to the rapid
construction of buildings and infrastructure in the developing economies.
Competitive Landscape
Researchmoz
demonstrates the details of the competitive landscape of the global aerogel
insulation market to enable market players to take strategic, systematic, and
informed decisions to thrive in the global market.
The market
players are seen embarking on mergers, acquisitions, and innovations to tap
into the global aerogel insulation market.
Some of the key players in the aerogel insulation market
include-
- American Aerogel Corporation
- Active Aerogels
- Green Earth Aerogel Technologies
- Enersens SAS
- Aspen Aerogels
- Cabot Corporation, S
- venska Aerogel BASF
- Aerogel Technologies
Download
FREE Sample Report (Get Full Insights in PDF) @ https://www.researchmoz.us/request-free-sample/?reportid=454
No comments:
Post a Comment