DUBLIN, Feb. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/pcggcz/world_aerogel) has announced the addition of the "World Aerogel Market - Opportunities and Forecast, 2015 - 2021" report to their offering.
A new report projects that the global sales of aerogel is expected to reach $1,926.6 million by 2021. Silica aerogel is expected to generate around three-fourths of the overall market revenue by 2021. The European aerogel market is projected to grow at the highest CAGR of 34.2% during the forecast period.
Silica aerogel is the most widely consumed raw material owing to its efficiency and lightweight. The carbon aerogel segment is anticipated to grow at the highest CAGR of 35.6% during the forecast period on account of its increasing applications across electronics, semiconductor, and supercapacitor industries. In addition, rising adoption of graphene (carbon based) aerogel in oil absorption and energy storage applications would further boost the growth of carbon aerogel segment during the forecast period.
In 2014, blanket aerogel was the most widely used aerogel in the market, accounting for about 71% share of the market. The other aerogels available in the market are particle, panel, and block aerogel. In 2014, oil & gas was the major revenue-generating segment in terms of application, garnering about three-fourths share of the overall market revenue. Building insulation is one of the fastest growing application segment, owing to increasing implementation of green infrastructure policies, worldwide, especially in Europe, North America, and Middle East.
Companies Mentioned:
Key Topics Covered:
CHAPTER 1 - Introduction
CHAPTER 2 - Executive Summary
CHAPTER 3 - Market Overview
CHAPTER 4 - Market by Raw Material
CHAPTER 5 - Market by Forms
CHAPTER 6 - Market by Applications
CHAPTER 7 - Market Geography
CHAPTER 8 - Company Profile
For more information visit http://www.researchandmarkets.com/research/pcggcz/world_aerogel
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SOURCE Research and Markets
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