Aerogel Market how is the oil and gas sector influencing demand?

Estimated Growth Rate for Aerogel Market
Global Aerogel market is expected to reach USD 1688.18 Mn. in 2030, with a CAGR of 10.2% for the period 2024-2030, because of growing demand from various end-use industry, primarily in the oil & gas industry.
Aerogel Market Overview
Maximize Market Research is an Aerogel research firm that has published a detailed analysis of the “Aerogel Market”. The report includes pricing analysis, demand analysis, business insights, market trends, competitive landscape, and growth opportunities. The base year of the Aerogel market .
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Aerogel Market Scope and Methodology:
The Aerogel Market Report offers a comprehensive analysis of the Aerogel industry, which covers the study of its segments. The report’s scope includes a complete inspection of trends, growth drivers, challenges, and opportunities in the Aerogel market. It assesses key players their product portfolio, SWOT analysis, business strategy, competitive strategies, and recent developments of the product. The scope includes market size projections and CAGR analysis. The report on Aerogel Market covers key aspects of the market dynamics such as drivers, restraints, challenges, and opportunities. Major competitors in the Aerogel Market are listed along with new entrants to get an all-inclusive outlook on the competitive landscape of the market.
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Aerogel Market Classifications
by Product Type
Silica
Polymers
Carbon
Others
Based on Product Type: In 2023, the silica aerogel product category dominated the aerogel market, accounting for more than 68% of overall revenue. This is mostly due to the goods’ non-organic structures, which are non-combustible and can endure temperatures of up to 1,4000 °C. As a result, they offer excellent heat endurance and thermal insulation properties, increasing demand for them.
by Form
Blanket
Particle
Panel
Monolith
by End-use Industry
Oil & Gas
Building & Construction
Automotive & Transportation
Aerospace & Defense
Healthcare
Others
by Technology
Supercritical Drying
Ambient Pressure Drying
Freeze Drying
Others
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The following companies are included in the market for Aerogel :
1. Cabot Corp.
2. BASF SE
3. Nano Technology Co., Ltd.
4. Dow, Inc.
5. Enersens
6. Armacell International S.A
7. Active Aerogels
8. Aerogel Technologies LLC
9. Aspen Aerogel Inc.
10. JIOS Aerogel
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