Global demand for aerogel is projected to reach $547.9 million by 2019. The growth will be driven by the increasing demand for aerogel from oil & gas and construction applications. The North American region remains the largest market for aerogel, followed by Asia-Pacific. The Europe market is estimated to be the key growth area due to economic recovery in the region along with the increasing concern for the building insulation and energy savings.

Oil & gas is the major application for the aerogel market with around 74.5% of the market share in 2013. Automotive, marine, & aerospace application of aerogel is expected to have the highest growth among the applications between 2014 and 2019. Blanket aerogel is anticipated to be the largest segment for aerogel market by form in 2019. Particle form is estimated to grow at the fastest rate between 2014 and 2019. Silica aerogel is estimated to be the biggest aerogel market and is expected to continue its dominance by 2019 as it is the only type of aerogel material to be commercially available.

This report estimates the aerogel market for 2014, and projects its expected market size till 2019. It also provides a detailed qualitative and quantitative analysis of the aerogel market. Various secondary sources, such as encyclopedia, directories, and databases are used to identify and collect information that is useful for this extensive commercial study. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the aerogel market.

Competitive scenarios of the top players in the aerogel market have been discussed in detail. We have also profiled the leading players of this industry with their recent developments and other strategic industry activities. These top companies 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).

Scope of the report

This research report categorizes the global market for aerogel on the basis of type, form, processing, application, and region along with forecasting volume, value, and analyzing trends in each of the submarkets.

On the basis of type: The aerogel market is segmented on the basis of type, such as silica, polymer, carbon, and others. Each type is further described in detail in the report with volume and value forecasts.

On the basis of form: The aerogel market is segmented on the basis of form, such as blanket, panel, particle, and monolith. Each form is further described in detail in the report with volume and value forecasts.

On the basis of processing: The aerogel market is segmented on the basis of processing, such as virgin aerogel (consisting of as manufactured) and fabricated aerogel (consisting of composites and additives). Each of this is further described in detail in the report with volume and value forecasts.

On the basis of application: The aerogel market is segmented on the basis of applications, such as oil & gas, construction, automotive, marine, & aerospace, performance coating, day-lighting & LVHS, and others. Each application is further described in detail in the report with volume and value forecasts.

On the basis of region: Regional level segmentation is carried out for aerogel market; it includes North America, Asia-Pacific, Europe, and RoW, and further for key countries in each region that include: