A Complete Guide of Global Silica Aerogel Powder Market [PDF Guide]
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Silica aerogels have created a lot of interest in both technology and science because of their optical transparency, low thermal conductivity, low bulk density, hydrophobicity, and high surface area. Aerogel is developed from the gel, and the liquid components of gel are replaced with that has, and there are many types of aerogel available in the market, such as silicon, polymers, and carbon. But among these, silica is the most used aerogel with its various advantages and a wide area of application. The silica aerogel market is growing rapidly with increasing demand for it in many industries such as oil and gas, construction and buildings, aerospace and automotive industry, and performance coatings. Expansion of the construction and buildings sector has a huge impact on demand for silica aerogel in the forecast period.
In many regions, the government is focusing on developing the infrastructure, as well as the growing economy, and the financial condition of people has boosted the residential and commercial projects across all the regions in the globe. Apart from the construction industry, silica aerogel has high application in the oil and gas industries. Silica aerogels help to reduce the thickness and give thermal resistance of aero materials, and it is showing a huge demand in oil and gas sectors where the primary importance is insulation. With the Increasing demand for silica aerogels in various sectors, the silica aerogel market is on the rise. Aerogel price can be costly, but silica aerogel price is low and cost-effective. That is why many industries are using it.
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Global Silica Aerogel Powder Market size in 2022 was 2973 million USD, and it is expected to reach 3634 million USD by 2030, with a CAGR of 4.1% over the forecast period.
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Cabot Corporation, Aerogel Technologies, Nano High-Tech, Guangdong Alison Hi-Tech, Active Aerogels, Enersens, Jios Aerogel Corporation, Insulgel High-Tech, Guizhou Aerospace, Green Earth Aerogel Technologies (GEAT)