Aerogel Market | Key players: Aspen Aerogels, Cabot Corporation, Aerogel Technologies, Nano High-Tech, Guangdong Alison Hi-Tech, Active Aerogels, Enersens, Jios Aerogel, BASF, and Svenska Aerogel

According to recent research "Aerogel Market by Type (Silica, Polymer, and Carbon), Form (Blanket, Panel, Particle, and Monolith), Processing (Virgin, Composites, and Additives), Application (Oil & Gas, Construction, Transportation, and Performance Coating) - Global Forecast to 2022", published by MarketsandMarkets™, The aerogel market is estimated at USD 453.0 Million in 2017 and is projected to reach USD 785.4 Million by 2022, at a CAGR of 11.6% between 2017 and 2022. Superior thermal resistance coupled with the thinner and lighter nature of aerogel is expected to drive the aerogel market during the forecast period.

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The aerogel market is estimated at USD 453.0 million in 2017 and is projected to reach USD 785.4 million by 2022, at a CAGR of 11.6% between 2017 and 2022. The market has been segmented on the basis of type, form, processing, application, and region. By type, the polymer segment is projected to register the highest CAGR between 2017 and 2022. This high growth is attributed to the high mechanical strength of polymer aerogel.

Aerogel is open-celled solid foam consisting of nanostructures that are interconnected to form a network-like structure. Aerogel is known for its high porosity (

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