Aerogel Market by Application, Product, and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 175 SKU: IRTNTR70473

Aerogel Market Forecast 2023-2027

The aerogel market size is estimated to grow by USD 558.19 million at a CAGR of 10.83% between 2022 and 2027. The demand for lightweight and thinner substitutes for insulation is increasing across various industries, including construction, aerospace, and automotive, driving the adoption of aerogels due to their exceptional thermal insulation properties. Additionally, the environment-friendly nature of aerogels, which are derived from silica and other natural materials, is appealing to environmentally-conscious consumers and industries seeking sustainable solutions. Technological advancements in aerogel production processes and applications are also driving market growth by enabling the development of new and innovative products with enhanced performance characteristics.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by application (oil and gas, construction, automotive, marine, aerospace, performance coatings, and others), product (silica, polymer, carbon, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

By Application

The market share growth by the oil and gas segment will be significant during the forecast period. Long pipelines that need insulation are used to carefully transport the oil and gas refineries' output to the re-gasification sites. These pipelines are exposed to difficult environments like the arctic and deep sea. The need for superior insulation materials with low thicknesses is what drives the demand for this segment.

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The oil and gas segment was valued at USD 303.68 million in 2017. Unprocessed hydrocarbons are transported over long distances in a temperature-sensitive environment using aerogel. Unprocessed hydrocarbons tend to clog the flow lines if the temperature is not kept at an appropriate level. The insulation of these pipelines is therefore crucial to the oil and gas industry. Considering the long lead times for finding and extracting hydrocarbons, this segment contributes significantly to the global market's high revenues. Hence, such factors will propel the growth of the oil and gas segment in the global market during the forecast period.

By Region

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North America is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The North American region is anticipated to continue dominating the market during the forecast period. The region's expanding product innovation in terms of product quality and application development is the primary factor driving this growth. The oil and gas industry dominates the North American market. The market is also anticipated to expand as a result of the increasing use of these materials in automotive, marine, and aerospace applications in North America. Moreover, sustainable building methods and the use of emission-free building materials have received a lot of attention as building emissions become a growing concern in developed economies like the US and Canada. This has increased the demand for these in the region. Additionally, the growth of the aerospace sector in the region has increased the demand for these for applications such as thermal insulation in aircraft and launch vehicles, space shuttle upgrades, and life support apparel. All these factors will drive the market in the region during the forecast period. 

Furthermore, the demand in North America will be fueled by the country's highly developed automotive industry and the presence of international automakers like Ford Motor Co. (Ford), General Motors Co. (General Motors), and Tesla Inc. (Tesla). These manufacturers provide thermal insulation for vehicles. Moreover, automotive end users are concentrating on increasing their regional production capacity. For instance, General Motors announced new investments in August 2022 for the development and high production of trucks at its Indiana plant. Hence, such end-user expansions will drive the demand in the region during the forecast period.

Market Dynamics and Customer Landscape

The market is experiencing growth driven by its thermal resistance, lightweight, and fire-resistant properties. They are used in various forms such as blankets, particles, panels, and monoliths, finding applications in industries like automotive, aerospace, healthcare, and electronics. They offer superior thermal insulation compared to conventional materials and are synthesized using silica and other raw materials. Their low density and thermal conductivity make them ideal for applications requiring high-performance insulation, such as building insulation and oil & gas. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The environment-friendly properties of aerogel are notably driving the market growth. This is reusable and can be safely disposed of once its life cycle is finished. By processing it as an additive or composite, aerogel used in building insulation, for instance, can be recycled for other end-use applications, such as plasters and coatings. It can be difficult to dispose of conventional insulating materials after use without harming the environment because the majority of them are neither recyclable nor biodegradable. Aerogels, on the other hand, can be recycled as composites or additives in other applications, unlike soil conditioners, fertilizers, and performance coatings. They offer thermal resistance, are lightweight, have low density, and are fire-resistant, making them ideal for thermal insulation in various forms such as blankets, particles, panels, and monoliths.

Aerogel, according to Cabot, has received a Silver rating from McDonough Braungart Design Chemistry for Cradle-to-Cradle Certification. The product's compliance with a healthy and sustainable use and disposal cycle is confirmed by this certification. Hence, such factors are expected to drive the growth of the global market during the forecast period.

Significant Market Trends

The growing use of apparel for colder places is an emerging trend in the market growth. In colder regions, this is gradually gaining popularity in the clothing industry. This is due to its exceptional physical characteristics, which include its ability to shield the human body from extreme temperatures. This would lead to much lighter clothing in colder climates than what is currently available.

Mountaineers who frequently carry large loads will find it useful for protecting themselves from bad weather. They also has other qualities that make it perfect for use in winter clothing, including flexibility, fire and water resistance, and thermal resistance. In addition to clothing, it is used to insulate against the cold in shoes, jackets, tents, and other outdoor equipment used in harsh climates. Hence, such factors will increase the demand, which, in turn, will drive the growth of the global market during the forecast period

Major Market Challenge

The formation of dust during the manufacturing process is a major challenge impeding market growth. Silica aerogel is manufactured by coating fibrous inorganic battings with silica aerogel. The aerogel is rolled up, cut, and then put into critical dryers during production. Aerogel, which has a solid structure, breaks into tiny pieces that are held together by its fiber when it is rolled up. These nano aerogel particles are created when these micro-fragments are released from fibers following the supercritical drying process. These are referred to as dust.

Aerogel blanket materials face significant challenges from product dustiness. Since they are brittle, handling and shaping them causes them to produce dust. When using the product for applications like petrochemical and oil and gas insulation, the dust may make handling difficult. Cabot has created a brand-new aerogel that fuses polymer and aerogel particles to produce a low-dust, high-temperature super-insulating material. The existence of dust presents a significant challenge for the players in the global market because this low-dust product is not yet commercially available. Hence, such factors will hamper the growth of the global market during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Aerogel Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Intelligent Insulation Ltd. - The company offers home acoustic and thermal insulation brands. The key offerings of the company include aerogel products under the brands Acoustiblok and Thermablok.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Active Aerogels
  • Advanced Aerogels LLC
  • Aerogel Factory Co. Ltd.
  • Aerogel Technologies LLC
  • Aerogel UK Ltd.
  • Armacell International SA
  • Aspen Aerogels Inc.
  • BASF SE
  • Cabot Corp.
  • Dow Inc.
  • Groupe PCAS
  • JIOS Aerogel Pte Ltd.
  • Nano Technology Co. Ltd.
  • Protective Polymers Ltd.
  • Svenska Aerogel Holding AB

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Oil and gas
    • Construction
    • Automotive
    • Marine
    • Aerospace
    • Performance coatings
    • Others
  • Product Outlook 
    • Silica
    • Polymer
    • Carbon
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The market is witnessing significant growth driven by its diverse applications in industries such as aerospace & marine, building & construction, oil & gas, and power generation. Aerogels, known for their lightweight and highly porous structure, offer superior insulation properties compared to conventional insulation materials. They are used in Blanket form and Particle aerogels, with silica aerogels being the most common. Carbon aerogels and polymer aerogels are also gaining traction. These materials provide fire resistance, optical transparency, and are crucial in meeting energy standards. Despite their benefits, challenges remain in synthesizing aerogels and reducing their production cost compared to virgin aerogels.

The market is a diverse sector with applications across industries such as Aerospace & marine industry, Building and construction industry, oil & gas, and agriculture. They are known for their fire-resistance and insulating properties, making them valuable in spacecraft insulation and building materials. They are available in various forms, including Blanket aerogels and Particle material, with Carbon aerogel and Polymer aerogel being notable types. The market's growth is fueled by advancements in aerospace engineering and the Synthesizing silica aerogel, offering solutions for thermal insulation and energy efficiency in industries reliant on fossil fuels.

The market offers innovative solutions with aerogel panels and monolith structures, known for their exceptional properties such as freeze-drying and high porosity. Industries like oil & gas benefit from aerogels' unique particle form and graphene integration, providing effective solutions for thermal insulation and environmental sustainability.

Aerogel Market Scope

Report Coverage

Details

Page number

175

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 10.83%

Market growth 2023-2027

USD 558.19 million

Market structure

Fragmented

YoY growth 2022-2023(%)

10.62

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Active Aerogels, Advanced Aerogels LLC, Aerogel Factory Co. Ltd., Aerogel Technologies LLC, Aerogel UK Ltd., Armacell International SA, Aspen Aerogels Inc., BASF SE, Cabot Corp., Dow Inc., Groupe PCAS, Guangdong Alison Hi Tech Co. Ltd., Intelligent Insulation Ltd., JIOS Aerogel Pte Ltd., Nano Technology Co. Ltd., Protective Polymers Ltd., Svenska Aerogel Holding AB, Taasi Corp., Xiamen Nameite New Materials Technology Co. Ltd., and ZheJiang Surnano Aerogel Co. Ltd.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global aerogel market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global aerogel market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Oil and gas - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
    • 6.4 Construction - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Construction - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Construction - Year-over-year growth 2022-2027 (%)
    • 6.5 Automotive, marine, and aerospace - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Automotive, marine, and aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Automotive, marine, and aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Automotive, marine, and aerospace - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Automotive, marine, and aerospace - Year-over-year growth 2022-2027 (%)
    • 6.6 Performance coatings - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Performance coatings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Performance coatings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Performance coatings - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Performance coatings - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)
      • Exhibit 55: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 56: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 58: Chart on Comparison by Product
      • Exhibit 59: Data Table on Comparison by Product
    • 7.3 Silica - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Silica - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Silica - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Silica - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Silica - Year-over-year growth 2022-2027 (%)
    • 7.4 Polymer - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Polymer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Polymer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Polymer - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Polymer - Year-over-year growth 2022-2027 (%)
    • 7.5 Carbon - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Carbon - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Carbon - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Carbon - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Carbon - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 76: Market opportunity by Product ($ million)
      • Exhibit 77: Data Table on Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 79: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 80: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 81: Chart on Geographic comparison
      • Exhibit 82: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 91: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 115: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 123: Market opportunity by geography ($ million)
      • Exhibit 124: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 125: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 127: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 128: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 129: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 130: Matrix on vendor position and classification
            • 12.3 Active Aerogels
              • Exhibit 131: Active Aerogels - Overview
              • Exhibit 132: Active Aerogels - Product / Service
              • Exhibit 133: Active Aerogels - Key offerings
            • 12.4 Aerogel Technologies LLC
              • Exhibit 134: Aerogel Technologies LLC - Overview
              • Exhibit 135: Aerogel Technologies LLC - Product / Service
              • Exhibit 136: Aerogel Technologies LLC - Key offerings
            • 12.5 Armacell International SA
              • Exhibit 137: Armacell International SA - Overview
              • Exhibit 138: Armacell International SA - Business segments
              • Exhibit 139: Armacell International SA - Key news
              • Exhibit 140: Armacell International SA - Key offerings
              • Exhibit 141: Armacell International SA - Segment focus
            • 12.6 Aspen Aerogels Inc.
              • Exhibit 142: Aspen Aerogels Inc. - Overview
              • Exhibit 143: Aspen Aerogels Inc. - Business segments
              • Exhibit 144: Aspen Aerogels Inc. - Key offerings
              • Exhibit 145: Aspen Aerogels Inc. - Segment focus
            • 12.7 BASF SE
              • Exhibit 146: BASF SE - Overview
              • Exhibit 147: BASF SE - Business segments
              • Exhibit 148: BASF SE - Key news
              • Exhibit 149: BASF SE - Key offerings
              • Exhibit 150: BASF SE - Segment focus
            • 12.8 Cabot Corp.
              • Exhibit 151: Cabot Corp. - Overview
              • Exhibit 152: Cabot Corp. - Business segments
              • Exhibit 153: Cabot Corp. - Key offerings
              • Exhibit 154: Cabot Corp. - Segment focus
            • 12.9 Dow Inc.
              • Exhibit 155: Dow Inc. - Overview
              • Exhibit 156: Dow Inc. - Business segments
              • Exhibit 157: Dow Inc. - Key news
              • Exhibit 158: Dow Inc. - Key offerings
              • Exhibit 159: Dow Inc. - Segment focus
            • 12.10 Groupe PCAS
              • Exhibit 160: Groupe PCAS - Overview
              • Exhibit 161: Groupe PCAS - Product / Service
              • Exhibit 162: Groupe PCAS - Key offerings
            • 12.11 Guangdong Alison Hi Tech Co. Ltd.
              • Exhibit 163: Guangdong Alison Hi Tech Co. Ltd. - Overview
              • Exhibit 164: Guangdong Alison Hi Tech Co. Ltd. - Product / Service
              • Exhibit 165: Guangdong Alison Hi Tech Co. Ltd. - Key offerings
            • 12.12 Intelligent Insulation Ltd.
              • Exhibit 166: Intelligent Insulation Ltd. - Overview
              • Exhibit 167: Intelligent Insulation Ltd. - Product / Service
              • Exhibit 168: Intelligent Insulation Ltd. - Key offerings
            • 12.13 JIOS Aerogel Pte Ltd.
              • Exhibit 169: JIOS Aerogel Pte Ltd. - Overview
              • Exhibit 170: JIOS Aerogel Pte Ltd. - Product / Service
              • Exhibit 171: JIOS Aerogel Pte Ltd. - Key offerings
            • 12.14 Nano Technology Co. Ltd.
              • Exhibit 172: Nano Technology Co. Ltd. - Overview
              • Exhibit 173: Nano Technology Co. Ltd. - Product / Service
              • Exhibit 174: Nano Technology Co. Ltd. - Key offerings
            • 12.15 Svenska Aerogel Holding AB
              • Exhibit 175: Svenska Aerogel Holding AB - Overview
              • Exhibit 176: Svenska Aerogel Holding AB - Product / Service
              • Exhibit 177: Svenska Aerogel Holding AB - Key offerings
            • 12.16 Taasi Corp.
              • Exhibit 178: Taasi Corp. - Overview
              • Exhibit 179: Taasi Corp. - Product / Service
              • Exhibit 180: Taasi Corp. - Key offerings
            • 12.17 ZheJiang Surnano Aerogel Co. Ltd.
              • Exhibit 181: ZheJiang Surnano Aerogel Co. Ltd. - Overview
              • Exhibit 182: ZheJiang Surnano Aerogel Co. Ltd. - Product / Service
              • Exhibit 183: ZheJiang Surnano Aerogel Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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