Aerogel Market by Form and Application (Building Insulation, Oil & Gas, Aerospace, Automotive, Industrial & Cryogenic) - Global Trends and Forecasts up till 2017
Aerogel Market by Form and Application (Building Insulation, Oil & Gas, Aerospace, Automotive, Industrial & Cryogenic) - Global Trends and Forecasts up till 2017
This report analyses aerogel market by geography, applications and forms. By
geography, the report is segmented into Asia-Pacific, Europe and North
America. The aerogel products included in this report are mainly based on
aerogel application types. The applications covered in this report are
building insulation, oil and natural gas, aerospace, automotive, industry,
cryogenics, etc. In various applications the purpose of using aerogel product
is different and ranges from thermal insulation to catalyst agent hence
depending on the application aerogel market is segmented by form. Aerogel
market is estimated from production side of the market.
This report estimates the market size of the global aerogel market both in
terms of volume and value. It discusses market drivers, restraints and
opportunities, raw materials, and product price trends. It also includes value
chain analysis, Porter's analysis, product life cycle analysis, and patent
analysis. The report also deals with market share by participant for the
overall market. It also tracks the recent activities of market players in
terms of product launches, expansion plans, supply contracts, and partnerships
and collaborations. In addition, the top 11 players of the aerogel market have
been profiled in this report.
The aerogel market report covers its production across regions. The aerogel
market is analyzed in terms of volume (metric tons) produced in each region.
The increasing awareness about energy efficiency, increasing environmental
concerns and emission reduction targets are driving the growth in aerogel
production. In addition, aerogel performance and multiple possible
applications for achieving energy efficiency are acting as key driver for a
high growth rate in aerogel production. Aerogel is manufactured by a critical
manufacturing process called supercritical drying. Costs associated with its
manufacturing are high which results in high pricing of material. High prices
are acting as restraints for aerogel market growth.
The global aerogel production is expected to grow from 3,750 metric tons in
2010 to 70,000 metric tons by 2017, at an estimated CAGR of 52% for the period
2012 to 2017. As of year 2011, North America leads aerogel production with a
share of 57% followed by Europe (42%) and Asia (1%). The major players in the
industry are Aspen Aerogel (U.S.), Cabot Corp. (U.S.), and Dow Chemicals
(U.S.). Some small Chinese and Malaysian companies together account to the
total market of the Asian aerogel production.
The North America region is expected to continue its dominance on the global
aerogel production, due the steady growth of aerogel production and research
initiatives in U.S. while Germany will lead the European market of aerogel
production. The global aerogel production is mainly divided between two
countries U.S. and Germany and they account for 57% and 40% market share
respectively
Scope of the report:
The report breaks the global aerogel production market into the following
three segments:
On the basis of Geography: The report is divided in geographies
Asia-Pacific, Europe, North America; and major countries such as U.S.,
Germany, Spain, Sweden, China, and Malaysia.
On the basis of Product Forms: The report divides the aerogel by forms
like blankets, particles, blocks, and panels.
On the basis of Applications: The aerogel market is divided by
applications. The important applications considered in this report are
building insulation, oil and gas, aerospace, automotive, industry, and
cryogenics.
Summary
Aerogel is solid foam which consists of around 98% air. These are usually
classified into four categories: Silica, Carbon, Metal oxide and Organic
aerogels. These are also commonly known as 'blue smoke'. Aerogel is used in
various industries such as building insulation, oil and gas, personal care,
pharmaceutical etc. Although discovered in 1930s, it is still in its growth
phase in terms of commercial, large-scale use. The excellent physical
properties of aerogels are its market drivers.
Global aerogel production was worth $115.7 million in 2011. This value is
expected to increase from $174.6 million in 2012 to $1,379.6 million in 2017
at a CAGR of 51.2%. North America is expected to continue to lead the global
aerogel market in the next five years. The growth rate between value and
volume market is slightly different owing to the commercialization of aerogel
in the next five years resulting in decrease in cost of production.
The U.S. is the market leader in aerogel production, capturing around 57.0%
share of the global aerogel market in 2011. In the second place stands Germany
with a 40.5% share. However, Asian countries like China and Malaysia have
started producing aerogel on a pilot stage. With continuous development and
efforts, it is expected that Asia will emerge as one of the major aerogel
producer.
Amongst application sectors, the oil and gas sector dominates the global
aerogel market with almost 45% share in the total, thanks to its critical
insulation requirements. However, automotive and aerospace applications are
catching up quickly.
As mentioned earlier, reduction in production cost will have a great impact on
the number of new entrants in the market. Since there is no government support
available as of now; large scale manufacturing of aerogel is difficult for new
companies.
The companies leading aerogel sector currently are Aspen Aerogels (U.S.),
Cabot Corp. (U.S.), and American Aerogels (U.S.). However, with intensive R&D
activities being carried out by different companies, a single innovation could
provide a competitive advantage to one company.
Table of Contents
Table of Contents
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS MADE FOR THIS REPORT
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.1.1 NANO-POROUS MATERIALS
3.1.2 WHAT IS AEROGEL?
3.1.3 PROPERTIES OF AEROGEL
3.2 TYPES OF AEROGEL
3.2.1 BASED ON RAW MATERIALS
3.2.1.1 Silica
3.2.1.2 Carbon
3.2.1.3 Alumina
3.2.1.4 Other
3.2.2 BASED ON PROCESSING
3.2.2.1 Virgin aerogel
3.2.2.2 Fabricated aerogel
3.3 AEROGELS: MOVING AHEAD IN THE PRODUCT LIFE CYCLE
3.4 AEROGEL VS OTHER HIGH END INSULATION MATERIALS
3.5 AEROGEL MARKET DYNAMICS
3.5.1 DRIVERS
3.5.1.1 Superior thermal resistance (R-value)
3.5.1.2 Less weight & thickness
3.5.1.3 Recyclable & reusable
3.5.2 RESTRAINT
3.5.2.1 High manufacturing costs
3.5.3 OPPORTUNITIES
3.5.3.1 Substitute for fiberglass
3.5.3.2 Safety & protective equipment
3.5.3.3 Apparel for cold regions
3.5.3.4 Aerogel insulated box: An upcoming cold packaging technology
3.5.3.5 Applications in day-lighting
3.6 AEROGEL PRODUCTION PROCESS
3.6.1 SILICA AEROGEL
3.6.2 ORGANIC AEROGEL
3.6.3 CARBON AEROGEL
3.6.4 METAL OXIDE AEROGEL
3.7 AEROGEL VALUE CHAIN ANALYSIS
3.7.1 RAW MATERIAL SUPPLIERS
3.7.2 AEROGEL MANUFACTURERS
3.7.3 CHANNEL PARTNERS
3.7.4 END-USERS
3.8 PORTER'S FIVE FORCES ANALYSIS
3.8.1 THREAT OF NEW ENTRANTS
3.8.2 THREAT OF SUBSTITUTES
3.8.3 BARGAINING POWER OF BUYERS
3.8.4 BARGAINING POWER OF SUPPLIERS
3.8.5 DEGREE OF COMPETITION
3.9 PATENT ANALYSIS
3.10 MARKET SHARE ANALYSIS
4 AEROGEL MARKET, BY GEOGRAPHY
4.1 INTRODUCTION
4.2 NORTH AMERICA
4.3 EUROPE
4.4 ASIA
4.5 INDUSTRY-WISE AEROGEL MARKET, BY GEOGRAPHY
4.5.1 GLOBAL BUILDING INSULATION AEROGEL MARKET
4.5.2 GLOBAL OIL & GAS AEROGEL MARKET
4.5.3 GLOBAL AEROSPACE AEROGEL MARKET
4.5.4 GLOBAL AUTOMOTIVE THERMAL MANAGEMENT AEROGEL MARKET
4.5.5 GLOBAL INDUSTRIAL & CRYOGENICS AEROGEL MARKET
4.5.6 OTHER APPLICATIONS
5 AEROGEL MARKET, BY APPLICATIONS
5.1 INTRODUCTION
5.1.1 AEROGEL COMMERCIALIZATION STAGE, BY INDUSTRY
5.2 NORTH AMERICA: AEROGEL MARKET, BY APPLICATION
5.2.1 U.S: AEROGEL MARKET, BY APPLICATION
5.3 EUROPE: AEROGEL MARKET, BY APPLICATION
5.3.1 GERMANY: AEROGEL MARKET, BY APPLICATION
5.3.2 SWEDEN: AEROGEL MARKET, BY APPLICATION
5.3.3 SPAIN: AEROGEL MARKET, BY APPLICATIONS
5.4 ASIA: AEROGEL MARKET, BY APPLICATION
5.4.1 CHINA: AEROGEL MARKET, BY APPLICATION
5.4.2 MALAYSIA: AEROGEL MARKET, BY APPLICATIONS
6 GLOBAL AEROGEL MARKET, BY FORM
6.1 INTRODUCTION
6.2 BLANKETS
6.3 PARTICLES
6.4 BLOCKS
6.5 PANELS
6.6 BY GEOGRAPHY
6.6.1 NORTH AMERICA
6.6.2 EUROPE
6.6.3 ASIA
7 COMPETITIVE LANDSCAPE
7.1 INTRODUCTION
7.2 AGREEMENTS & COLLABORATIONS
7.3 NEW PRODUCTS LAUNCH
7.4 PRODUCTION & GEOGRAPHIC EXPANSION
7.5 MERGERS & ACQUISITIONS
7.6 R&D, APPROVALS & OTHERS
8 COMPANY PROFILES
8.1 AMERICAN AEROGEL CORPORATION
8.1.1 OVERVIEW
8.1.2 FINANCIALS
8.1.3 PRODUCTS & SERVICES
8.1.4 STRATEGY
8.1.5 DEVELOPMENTS
8.2 ASPEN AEROGELS INC.
8.2.1 OVERVIEW
8.2.2 FINANCIALS
8.2.3 PRODUCTS & SERVICES
8.2.4 STRATEGY
8.2.5 DEVELOPMENTS
8.3 CABOT CORP.
8.3.1 OVERVIEW
8.3.2 FINANCIALS
8.3.3 PRODUCTS & SERVICES
8.3.4 STRATEGY
8.3.5 DEVELOPMENTS
8.4 CF TECHNOLOGIES INC.
8.4.1 OVERVIEW
8.4.2 FINANCIALS
8.4.3 PRODUCTS & SERVICES
8.4.4 STRATEGY
8.5 DOW CORNING CORP.
8.5.1 OVERVIEW
8.5.2 FINANCIALS
8.5.3 PRODUCTS & SERVICES
8.5.4 STRATEGY
8.6 MAEROTECH SDN BHD
8.6.1 OVERVIEW
8.6.2 FINANCIALS
8.6.3 PRODUCTS & SERVICES
8.6.4 STRATEGY
8.6.5 DEVELOPMENTS
8.7 NANOPORE INC.
8.7.1 OVERVIEW
8.7.2 FINANCIALS
8.7.3 PRODUCTS & SERVICES
8.7.4 STRATEGY
8.7.5 DEVELOPMENTS
8.8 OCELLUS INC.
8.8.1 OVERVIEW
8.8.2 FINANCIALS
8.8.3 PRODUCTS & SERVICES
8.8.4 STRATEGY
8.9 SVENSKA AEROGEL AB
8.9.1 OVERVIEW
8.9.2 FINANCIALS
8.9.3 PRODUCTS & SERVICES
8.9.4 STRATEGY
8.9.5 DEVELOPMENTS
8.10 TAASI CORP.
8.10.1 OVERVIEW
8.10.2 FINANCIALS
8.10.3 PRODUCTS & SERVICES
8.10.4 STRATEGY
8.11 THERMABLOK INC.
8.11.1 OVERVIEW
8.11.2 FINANCIALS
8.11.3 PRODUCTS & SERVICES
8.11.4 STRATEGY
8.11.5 DEVELOPMENTS
LIST OF TABLES
TABLE 1 AEROGEL PRODUCTION MARKET REVENUE, BY GEOGRAPHY, 2010 - 2017
($MILLION)
TABLE 82 RESEARCH FUND RECEIVED BY AMERICAN AEROGEL
TABLE 83 AMERICAN AEROGEL: PROPERTIES OF ORGANIC AEROGEL
TABLE 84 ASPEN AEROGEL: TOTAL REVENUE, BY SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 85 ASPEN AEROGEL: PRODUCTS & ITS APPLICATIONS
TABLE 86 CABOT CORP: TOTAL REVENUE, BY SEGMENTS, 2009 - 2011 ($MILLION)
TABLE 87 CABOT CORP: TOTAL REVENUE, NEW BUSINESS SEGMENT, 2009 - 2011
($MILLION)
TABLE 88 CABOT CORP: PRODUCTS & ITS APPLICATIONS
TABLE 89 CF TECHNOLOGIES: PRODUCTS & ITS APPLICATIONS
TABLE 90 DOW CORNING: PROPERTIES OF VM-2270
TABLE 91 NANOPORE: PRODUCTS & ITS APPLICATIONS
TABLE 92 OCELLUS: PRODUCTS & ITS APPLICATIONS
TABLE 93 SVENSKA AEROGEL: PRODUCTS & ITS APPLICATIONS
TABLE 94 TAASI: PRODUCT APPLICATIONS & USES
LIST OF FIGURES
FIGURE 1 TYPES OF AEROGEL
FIGURE 2 AEROGEL PRODUCT LIFE CYCLE
FIGURE 3 AEROGEL: TECHNOLOGY READINESS LEVELS
FIGURE 4 COMPARATIVE THERMAL EFFICIENCY IN PIPELINE APPLICATION
FIGURE 5 R-VALUE: AEROGEL VS OTHER INSULATION MATERIALS
FIGURE 6 FIBERGLASS MARKET SHARE, BY GEOGRAPHY, 2011
FIGURE 7 TEMPERATURE COMPARISON: POLYSTYRENE, POLYURETHANE & AEROGEL
INSULATED BOXES
FIGURE 8 SILICA AEROGEL: PRODUCTION PROCESS
FIGURE 9 ORGANIC AEROGEL: PRODUCTION PROCESS
FIGURE 10 CARBON AEROGEL: PRODUCTION PROCESS
FIGURE 11 METAL OXIDE AEROGEL: PRODUCTION PROCESS
FIGURE 12 AEROGEL VALUE CHAIN ANALYSIS
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS FOR AEROGELS
FIGURE 14 AEROGEL PATENT ANALYSIS, BY COMPANY, 2005 - 2012
FIGURE 15 AEROGEL PATENT ANALYSIS, BY GEOGRAPHY, 2005 - 2012
FIGURE 16 U.S: AEROGEL PATENT ANALYSIS, BY MAJOR PLAYERS, 2005 - 2012
FIGURE 17 EUROPE: AEROGEL PATENT ANALYSIS, BY MAJOR PLAYERS, 2005 - 2012
FIGURE 18 JAPAN: AEROGEL PATENT ANALYSIS, BY MAJOR PLAYERS, 2005 - 2012
FIGURE 19 AEROGEL MARKET SHARE, BY COMPANY, 2010
FIGURE 20 AIRCRAFT DEMAND, BY GEOGRAPHY, 2010 - 2029
FIGURE 21 DEGREE OF COMMERCIALIZATION: AEROGEL
FIGURE 22 MAJOR GROWTH STRATEGIES IN THE AEROGEL MARKET, 2005 - 2011
Aerogel Market by Form and Application (Building Insulation, Oil & Gas, Aerospace, Automotive, Industrial & Cryogenic) - Global Trends and Forecasts up till 2017 published by Markets and Markets in July 3, 2012. This report consists of 161 pages and the price starts from US $ 4650.
