$1,395.5 million by 2027 | Aerogel Market to witness 9.3% CAGR from 2020 to 2027

GlobalĀ aerogel market is set to exceed USD 1.39 billion by 2027, and registering a CAGR of 9.3% from 2020 to 2027. Rise in demand for aerogel from automotive and oil & gas industries due to its high durability and fire resistance properties to drive the aerogel industry growth. However, high cost associated with production of …

Aerogel Market Latest Study, Growth Opportunity, Trends, Share, Size, Application, Raw Material, Geography and Forecast, 2020-2027

As per report, North America held the majority share in 2019, with nearly two-fifths of the total share of the global aerogel market and will maintain its highest contribution throughout the forecast period. This is due to surge in consumer awareness about global warming, which, in turn, improves adoption of aerogel in industrial and domestic …