Aerogels Market Analysis In-depth Industry Growth, Revenues and Forecast Data (2022 – 2030)

Posted by Pearl Smith on February 2nd, 2023

Aerogel is a class of synthetic porous ultralight, and dense foam, where the component of liquid is replaced by gas thereby making the lightest solid. The properties of aerogel are – it has low density, shows resistant to high temperature, optical refraction index is low, dielectric constant is high, high specific surface area, degree of porosity is high, properties of thermal, acoustic, and impact damping. It has the capacity of holding more than 4000 times of weight of its own. The ecological nature of aerogel sponge helps in the recycling of the same. The use of aerogel in the aerospace, electronics, healthcare, and oil &gas industries. The main advantages of aerogel are that its cost of production is very high and the mechanical strength is also very poor. The most common aerogel is the silica aerogel. Important usage of silica aerogel in industries like automotive, oil & gas, aerospace, electronics, building insulation and many more. The increase in demand for biodegradable products is witnessed owing to the rising cognizance in respect of protection for environment. The attribute of aerogel of having low thermal circulation makes it an effective alternative for conventional insulators. As a result, its cost and energy both are reduced.

The market of aerogel is developing due to its widespread application in many industries which resulted in many technological developments in the market. Though, aerogel causes irritation in skin, eyes, respiratory tract, and digestive system. Silicosis occurs when particles of silica is inhaled which causes skin and eye dehydration. So, during handling of aerogel, protective gear should be worn which include glove, eye goggles and also respiratory protection should also be undertaken.

The main companies of the market of aerogel 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).