Global Aerogels Market to Exceed $1.0 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a global report on Aerogels market. The world market for Aerogels is projected to exceed $1.0 billion by the year 2015. The market, still in its emerging phase, is driven by the rapid advancements in manufacturing processes and the growth in application markets.

Aerogels: A Global Strategic Business Report

Aerogels, composed of 90-98% air, represents the lightest solids known to man. These compounds are ultra-light, low-density solids with remarkable optical, mechanical and thermal properties. For years, Aerogels have been prominently used in commercial high-technology and government funded projects and niche industries, which require high-efficiency material. In future, with technological advancements and reduction in production cost, the global market for aerogels is expected to include over 800 product lines.

Aerogels find application in wide range of industries including, electrical & electronics, particle physics, aerospace, medicine, apparel, automotive, pharmaceuticals, consumer goods, construction, space, cryogenics and shipping industries. Acoustic and thermal insulation applications represent the largest end-use market as stated by the new market research report on Aerogels. Consumption of aerogels is expected to improve further in energy, apparel, architecture and electronics sectors.

To overcome the disadvantages associated with high production cost, aerogel manufacturers are emphasizing on cost reduction and innovative methods of production. Aerogel costs are mainly associated with the energy, extraction process, supercritical drying process, and raw materials including sodium silicate, methanol, and resorcinol. Over the years advancements have been made to reduce the manufacturing costs. Key players profiled in the report include American Aerogel Corporation, Aspen Aerogels, Inc., Cabot Corporation, CF Technologies, Inc. Dow Corning Corporation, Marketech International, Inc., TAASI Corporation, among others.

The report titled "Aerogels: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides review of market trends, technological overview, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value and volume sales for regions including The United States, Europe, Pacific and Rest of World. End-Use markets analyzed include Thermal & Acoustic Insulation, Consumer Products, Sensors & Instrumentation, Medical, Aerospace and Energy

For more details about this comprehensive market research report, please visit -
http://www.strategyr.com/Aerogels_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website