Aerogel Insulation Market: Regional Revenue, Business Opportunities & Forecast Period 2021 – 2025
Category: #business  By Ronak Bora  Date: 2021-10-13
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Aerogel Insulation Market: Regional Revenue, Business Opportunities & Forecast Period 2021 – 2025

The size of Aerogel insulation market was registered at USD 600 Million in the year 2018 and is anticipated to cross USD 2.5 Billion by 2025. Between the period 2019-2025, the market is expected to register a CAGR of 20%.

Owing to considerable rise in sustainable construction trend, the aerogel insulation market is slated to witness remarkable growth in the forthcoming years. Aerogels have apparently been in existence for more than 80 years now, however, it was only through recent advancements in production techniques that the material has been able to attain commercialization on a substantially higher scale.

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Technological advancements in construction and architectural techniques due to the demand for high-end insulation solutions will intensify growth in the segment. Initiatives like Energy Efficient Directive (EED) established by the EU with an aim to boost the energy performance of buildings will foster the adoption of key building materials.

Aerogel insulation market from carbon-based segment is expected to register a notable CAGR of 15% over the forecasted timeframe. These materials will benefit from prevailing regulations like chemical and environmental standards, such as the REACH regulation. Long term strategic partnerships with raw material providers with an aim to reduce the cost of operations are some of the main strategies that are adopted by the market players.

Aerogel insulation market from building and construction application segment is expected to account for more than 29% industry share by 2025 Improving economic stability and initiatives undertaken by the government and certain private institutions has driven development in the building and construction industry.

Aerogel insulation industry share has witnessed unprecedented demand over the years due to the need to control increase in carbon emission levels and conserve energy. There has been a considerable shift towards the adoption of sustainable practices by various industries to help reduce GHG emissions that lead to environmental degradation.

There has been a rise in green building projects in both developed and emerging economies. This type of infrastructure adopts energy-efficient practices that aim at reducing the consumption of electricity and adopting other sustainable practices. Moreover, strict policies established regarding the working conditions in various industries is a major factor supporting the product growth.

Regulations like the ASTM standards C1055 and C1057 provide specific process engineers and system specifier guidelines required to establish a particular work atmosphere that is safe from any fire hazards. Carbon-based aerogel insulation market is gaining widespread traction due to increasing application of the product in the electronics industry owing to superior electrical conductive property.

Asia Pacific is expected to emerge as a key revenue pocket due to rapid economic development and a low rate of interest in the real estate sector. There has been a rise in urban development due to the increasing industrialization and accelerated advancements in the residential buildings sector. Easy credit availability in the region along with a rise in disposable income will boost the demand for consumer durables.

By 2025, Asia Pacific aerogel insulation market size is expected to cross USD 350 million. Prominent aerogel insulation companies are constantly introducing new products to increase their customer reach and achieve a competitive advantage. Major industry players include BASF, Aspen, Aerogel Technologies, Enersen SAS and Svenska, among various others.

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Some Point from Table of Contents:

Chapter 4. Aerogel Insulation Market, By Type

4.1. Global aerogel insulation industry share by type, 2018 & 2025

4.2. Silica

4.2.1. Market estimates and forecast, 2013 - 2025

4.2.2. Market estimates and forecast, by region, 2013–2025

4.3. Polymer

4.3.1. Market estimates and forecast, 2013 - 2025

4.3.2. Market estimates and forecast, by region, 2013–2025

4.4. Carbon

4.4.1.1. Market estimates and forecast, 2013 - 2025

4.4.1.2. Market estimates and forecast, by region, 2013–2025

4.5. Others (fiberglass)

4.5.1. Market estimates and forecast, 2013 - 2025

4.5.2. Market estimates and forecast, by region, 2013–2025

Chapter 5. Aerogel Insulation Market, By Form

5.1. Global aerogel insulation industry share by form, 2018 & 2025

5.2. Blankets

5.2.1. Market estimates and forecast, 2013 - 2025

5.2.2. Market estimates and forecast, by region, 2013–2025

5.3. Panel

5.3.1. Market estimates and forecast, 2013 - 2025

5.3.2. Market estimates and forecast, by region, 2013–2025

5.4. Particle

5.4.1. Market estimates and forecast, 2013 - 2025

5.4.2. Market estimates and forecast, by region, 2013–2025

5.5. Block

5.5.1. Market estimates and forecast, 2013 - 2025

5.5.2. Market estimates and forecast, by region, 2013–2025

Browse complete Table of Contents (ToC) of this research report @

https://www.decresearch.com/toc/detail/aerogel-insulation-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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