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Aerogel Insulation Market is slated to witness remarkable growth

Author : Rahul Varpe | Published Date : 2019-10-02 

The Aerogel Insulation Market study added by Global Market Insights presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of this industry. The study explicitly illustrates the competitive standing of key players over the projected timeline while incorporating their individual portfolios & geographical expansion.

As reported by American Ceramic Society, over three-quarters of the electricity used across the United States goes towards making the nation’s commercial, residential as well as industrial areas functional and comfortable. With copious amounts of energy being expended on controlling the inside environment through heating and cooling applications, a significant amount of strain is being put on the outside environment as well.

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The 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. While changes in manufacturing processes have made the material easier to produce, a key factor endorsing the product is its unique structure, which is made up of approximately 99.9% air by volume. This characteristic allows aerogels to provide thermal insulation against the three heat-transfer methods- conduction, radiation and convection.

Encouraged by the goals set under the Paris Agreement, the sustainable development trend has gripped the global construction industry. Opportunities for growth in this sector are substantial, as construction and building maintenance accounts for a majority of the world’s power consumption and carbon emissions.

Aerogel Insulation Market, By Form:

  1. Blankets
  2. Panel
  3. Particle
  4. Block

Aerogel Insulation Market, By End-Use:

  1. Oil & gas
  2. Building & construction
  3. Automotive, aerospace & marine
  4. Performance coatings
  5. Others (electronics)

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Fiberglass batting filled in a plastic pillowcase had been used for insulation in aircrafts. However, since aerogel’s insulation capabilities are so robust, as proven by their use in the Mars Exploration Rover, besides the material being light weight, aerogel insulation solutions hold a significant advantage over conventional solutions. Undeniably, the aerogel insulation market is projected to witness substantial gains from its application in the aerospace sector over the forecast timeframe.

NASA has long been using the material in its space exploration programs, with the most prominent example being its incorporation in the Mars Exploration Rover that was designed to withstand temperature fluctuations ranging from -96°C to 83°C. Driven by the insulating properties of the material and its increasing commercialization, the Aerogel Insulation Market has gained immense traction across a plethora of industrial domains.

Major manufacturers in aerogel insulation market:

  1. BASF
  2. Aspen Aerogels
  3. Cabot Corporation
  4. Svenska Aerogel
  5. Green Earth Aerogel Technologies
  6. American Aerogel Corporation
  7. Enersens

In essence, aircrafts need both thermal and acoustical insulation to make the flight experience comfortable and safer for the passengers. When a commercial aircraft is flying at 35,000 feet, the outside temperature could drop to -51°C and without proper insulation, air travel would become a significantly more uncomfortable experience.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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