Global Silica Aerogel Particles Market by Type (Powder, Granules), By Application (Building Insulation, Aerospace & Defence Materials, Transportation, Oil & Gas Consumables) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Silica Aerogel Particles Market size is projected to reach USD xx billion by 2028 from an estimated value of USD xx billion in 2018, registering a CAGR of XX% between 2018 and 2028. The report provides detailed regional analysis across North America, Latin America, Europe, Asia Pacific, and Middle East & Africa with information on the key countries in these regions.

Silica Aerogel particles are a type of aerogels that are composed solely of silica and have the highest concentration of gas per unit volume. The textures vary from soft to hard, with hard ones being more expensive as they require more time to make them due to the drying period in between steps. Silica Aerogel Particles are inorganic substances with a porous structure and excellent insulation properties. These particles have low thermal conductivity, which provides protection against extreme temperatures in both hot and cold climates. In addition to the high efficiency of heat transfer resistance, this kind of material can also be used as an insulating filler for various construction materials such as metal wiring gauze or fabric materials, thereby improving their insulation property and reducing costs. The abundant oxygen content found in Silica Aerogels has made them attractive for use on spacecraft are (known as aerogel blankets) because they do not provide fuel for the fire that could cause damage to space vehicles through combustion; however, it does require special care during handling.

On the basis of Type, the global Silica Aerogel Particles market is segmented into Powder and Granules.

Powder:

Powder Silica Aerogel Particles are the smallest particles, which can easily be processed into fillers and additives. They contain a high percentage of air in their structure, with up to 99% by volume being empty space. Powder-based silica aerogels are used as insulators for buildings or construction materials such as metal wiring gauze or fabric material (improving insulation properties) and reducing costs. Powder types of silica aerogels are made from a process called spray drying where they have been placed in an environment that has been heated, it leads to both liquid (solvent) and solid forms of the product being released at high speed, leading to very uniform particle sizes which makes them excellent for coating purposes.

Granules:

The granules type of Silica Aerogel Particles is the most popular form for global distribution. It does not require as much processing and it is easier to work within manufacturing processes. These silicon dioxide particles are produced via a process called wet chemical synthesis, which adds water to an alcohol-based solution containing sodium silicate and other additives before being heated up. The product forms droplets that grow larger over time when they reach their desired size typically between 0.04 mm and 0.08mm in diameter depending on the needs and then can be removed from the furnace using a conveyor belt or screw conveyor system designed specifically for this purpose (in some cases).

On the basis of Application, the global Silica Aerogel Particles market is segmented into Building Insulation, Aerospace & Defence Materials, Transportation, Oil & Gas Consumables.

Building Insulation:

This application deals with thermal control within enclosed spaces such as homes that use electricity to heat/cool rooms. Silica aerogel has also made its presence felt in residential buildings, where it's able to provide much more effective insulation for buildings and in particular those with high ceilings. It also reduces the total amount of energy used, which helps homeowners save on their electricity bills as well. Silica Aerogels are usually applied during the process of building insulating structures such as pumice reinforcement layer, roofing, curtain wall cladding etc., but can also be “sprayed-on” to existing walls/ceilings if no other option exists (e.g., new home).

Aerospace & Defence Materials:

Silica aerogel is used as a barrier and insulation in aerospace applications due to its excellent thermal properties. It can also be combined with other materials for better performance such as guarding against high pressures or small particles that could damage the spacecraft while acting as an insulator. Silica-based aerogels are highly resistant to ionizing radiation and their low density makes them ideal for use in space exploration projects where weight plays a major role. They're also less dense than air which helps reduce stresses on landing gear during takeoff/landing cycles of aircraft and have been found useful when it comes to reducing noise pollution from movement within enclosed spaces like submarines by controlling vibration levels from engine movements.

Transportation:

The transportation industry has been using silica aerogel for insulation purposes since its bulk density at just 0.17 lb/ft³ allows them to cut down on fuel costs by eliminating excess air from their pipelines when carrying liquid hydrocarbons like gasoline and diesel fuels. These liquids are commonly referred to as "slops" because they're not pure enough for direct consumption but are still useful components of various products and processes within oil refineries and as such are often transported to those facilities. In other words, silica aerogels in transport applications can be used as a way of avoiding the need for inefficient or expensive refrigeration systems that would otherwise have been necessary to keep the slops at an appropriate temperature.

Oil & Gas Consumables:

Companies involved with oil and gas production and processing also make use of this insulation material by covering their pipelines with it before filling them up so that they're able to better control how much fluid is lost from them during transportation. This prevents any expansion of gases that might cause leaks in these pipes while simultaneously keeping heat loss down through insulating purposes. The use of silica aerogel particles in oil and gas consumables is not limited to the aforementioned uses. Primarily, they act as a form of insulation for flow lines, which can be used to increase their operational efficiency by preventing heat loss or gain. They also lessen the risk of corrosion through other protective properties that coat them.

On the basis of Region, the global Silica Aerogel Particles market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is the largest market for Silica Aerogel Particles in terms of revenue due to the growth of the construction industry coupled with stringent emission norms followed by the European region. The Asia Pacific and Latin America are expected to show lucrative growth rates over the next five years, owing to their rapid industrialization process and increasing development activities respectively.

Growth Factors For The Global Silica Aerogel Particles Market:

The growth of the global Silica Aerogel Particles market is driven by factors such as rising production and demand for aerogels, changing lifestyles, increasing use in various industries. Other factors include continuous enhancement of properties and cost-effectiveness, as well as growing demand in the Asia Pacific. Further, the rise in awareness about aerogel is also a factor for the growth of the global Silica Aerogel Particles market.

Up Market Research published a new report titled “Silica Aerogel Particles Market research report which is segmented by Types (Powder, Granules), By Applications (Building Insulation, Aerospace & Defence Materials, Transportation, Oil & Gas Consumables), By Players/Companies Cabot Corporation, Aspen Aerogels, Guangdong Alison Hi-Tech, Nano High-Tech, Enersens, JIOS Aerogel Corporation, Guizhou Aerospace, Green Earth Aerogel Technologies”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Silica Aerogel Particles Market Report Segments:

The market is segmented by Type Powder, Granules and By Application Building Insulation, Aerospace & Defence Materials, Transportation, Oil & Gas Consumables.

Some of the companies that are profiled in this report are:

1. Cabot Corporation
2. Aspen Aerogels
3. Guangdong Alison Hi-Tech
4. Nano High-Tech
5. Enersens
6. JIOS Aerogel Corporation
7. Guizhou Aerospace
8. Green Earth Aerogel Technologies

Silica Aerogel Particles Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Silica Aerogel Particles Market

Overview of the regional outlook of the Silica Aerogel Particles Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Silica Aerogel Particles Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Silica Aerogel Particles Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Powder

                2. Granules

                1. Building Insulation

                2. Aerospace & Defence Materials

                3. Transportation

                4. Oil & Gas Consumables

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Silica Aerogel Particles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
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Reasons to Purchase the Silica Aerogel Particles Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.