The global aerogel market was valued at US$ 512.9 Mn in 2016 and is estimated to reach US$ 8,083.7 Mn in 2026 at a CAGR of 31.8% from 2017 to 2026. The oil & gas segment in the global aerogel market is estimated to account for majority revenue share of 60.9% in 2017.

Global Aerogel Market: Segmental Snapshot

By application: Construction segment is estimated to register a CAGR of over 33.7%, thereby accounting for highest revenue share among the application segments.

By form: Blanket segment is estimated to register a CAGR of 32.3%, thereby accounting for highest revenue share among the form segments

By type: Carbon segment is estimated to register a CAGR of over 32.8%, thereby accounting for highest revenue share among the type segments.

By processing: : Fabricated processing segment is estimated to register a CAGR of over 32.4%, thereby accounting for highest revenue share among the processing segments.

By region: The market in Europe accounted the highest revenue share in the global aerogel market in 2016, and is expected to reach at a CAGR of over 32.7% between 2017 and 2022.

Global Aerogel Market: Competitive Analysis

The global aerogel market includes detailed competitive analysis on major companies such as Aspen Aerogel, Inc., Cabot Corporation, Dow Corning Corporation, Armacell, BASF SE, Svenska Aerogel AB, Acoustiblok UK Ltd., Active Space technologies, and American Aerogel Corporation.

Infographic by Global Electric Vehicle Battery Pack Market