 Global Silica Aerogel Blanket Market Growth 2019-2024
      Global Silica Aerogel Blanket Market Growth 2019-2024This report focuses on Silica Aerogel Blanket incorporate aerogel particles into ultra-thin, flexible nonwovens with superior insulating properties.
The global Silica Aerogel Blanket industry is competitive with major companies involved in continuous product innovation and R&D activities. Key players include Aspen Aerogels Inc., Cabot Corporation, Aerogel Technologies and several Chinese companies like Nano High-Tech and Guangdong Alison Hi-Tech. Aspen Aerogels is the global leader in this industry, with revenue of over 109.59 Million USD, namely 37.51% of the total market in 2017.
North America produces over 40.32% of the global share in 2017, which is mainly from Aspen Aerogels. More than 90% of end customer of Aspen Aerogels comes from energy industry, while it is noticeable that market of construction develops faster. Oil & Gas Consumables was the largest end-use for aerogel in 2017 with a share exceeding 63%. Superior insulation properties and sustainability at extreme temperatures as compared to conventional alternatives such as polyurethane foam, mineral wool, perlite and cellular glass is expected to be the key driving factor for the market in this application. Increasing usage of the product for insulation in building applications is expected to play a critical role in the growth of the industry. Moreover, transportation, aerospace & marine industries are also projected to drive demand over the forecast period.
According to this study, over the next five years the Silica Aerogel Blanket market will register a 18.8% CAGR in terms of revenue, the global market size will reach US$ 810 million by 2024, from US$ 290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Silica Aerogel Blanket business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Silica Aerogel Blanket market by product type, application, key manufacturers and key regions and countries.
This study considers the Silica Aerogel Blanket value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Below 5mm Thickness
    5mm to 10 mm Thickness
    Above 10mm Thickness
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Building Insulation
    Oil & Gas Consumables
    Transportation
    Aerospace & Defence Materials
    Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Aspen Aerogels
    Cabot Corporation
    Aerogel Technologies
    Nano High-Tech
    Guangdong Alison Hi-Tech
    Active Aerogels
    Enersens
    Jios Aerogel Corporation
    Guizhou Aerospace
    Shenzhen Aerogel Technology
    Aerogel UK
    Xiamen Nameite
    IBIH
    Jinna Tech
    Hong Hitech
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Silica Aerogel Blanket consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Silica Aerogel Blanket market by identifying its various subsegments.
    Focuses on the key global Silica Aerogel Blanket manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Silica Aerogel Blanket with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Silica Aerogel Blanket submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
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