Aerogel Market is Expected to Reach $1,926.6 Million By 2021 - Silica Aerogel Expected to Generate 3/4 of Overall Market Revenue

Feb 19, 2016, 10:10 ET from Research and Markets

DUBLIN, Feb. 19, 2016 /PRNewswire/ --

Research and Markets ( 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:

  • Acoustiblok UK Ltd
  • Active Space Technologies
  • Airglass AB
  • American Aerogel Corporation
  • Aspen Aerogels Inc.
  • Cabot Corporation
  • Dow Corning Corporation
  • JIOS Aeogel

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

Media Contact:

Research and Markets

Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716



SOURCE Research and Markets