Aerogel market is expected to reach USD 1531.93 Mn. in 2029, with a CAGR of 10.20% for the period 2023-2029, because of growing demand from various end-use industry, primarily in the oil & gas industry.
Tag: Aerogel Market Size
Aerogel Market Growth, Share, Trends, Demand and Forecast 2023-2028
Aerogels are unique materials known for their extremely low density and exceptional thermal insulation properties. They are composed of interconnected nanoparticles, typically made from silica, carbon, or metal oxides, and often referred to as “frozen smoke” or “solid air” due to their translucent appearance & lightweight nature.
Aerogel Market Business Strategies, Revenue and Growth Rate by 2029
With a revenue share of more than 46% in 2022, North America dominated the global market and is expected to grow at a steady CAGR of 14.1 percent over the forecast period.
Aerogel Market Analysis 2023-2029: Exploring Opportunities in Energy Efficiency
Aerogel market is expected to reach USD 1531.93 Mn. in 2029, with a CAGR of 10.20% for the period 2023-2029, because of growing demand from various end-use industry, primarily in the oil & gas industry.