Brazil Aerogel Market Size & Outlook, 2022-2030
Brazil aerogel market, 2018-2030 (US$M)
Related Markets
Brazil aerogel market highlights
- The Brazil aerogel market generated a revenue of USD 18.7 million in 2022 and is expected to reach USD 63.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 16.5% from 2023 to 2030.
- In terms of segment, silica was the largest revenue generating product in 2022.
- Polymers is the most lucrative product segment registering the fastest growth during the forecast period.
Aerogel market data book summary
| Market revenue in 2022 | USD 18.7 million |
| Market revenue in 2030 | USD 63.2 million |
| Growth rate | 16.5% (CAGR from 2022 to 2030) |
| Largest segment | Silica |
| Fastest growing segment | Polymers |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silica, Polymers, Carbon |
| Key market players worldwide | Aspen Aerogels Inc, Cabot Corp, Active Aerogels, Basf SE, Nano One Materials Corp, Dow Inc, Emerson Electric Co, TUNE, JIOS Aerogel Pte Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global aerogel market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aerogel market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 63.2 million by 2030.
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Aerogel Market Scope
Aerogel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil aerogel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerogel market will help companies and investors design strategic landscapes.
Silica was the largest segment with a revenue share of 67.38% in 2022. Horizon Databook has segmented the Brazil aerogel market based on silica, polymers, carbon covering the revenue growth of each sub-segment from 2018 to 2030.
The awareness regarding the benefits of the aerogels is limited in Brazil which is expected to hinder its sales. However, with key manufacturer’s efforts such as Cabot Corporation and Aspen Technologies, Inc. in taping the potential and developing countries such as Brazil, the penetration of aerogels is expected to increase during the forecast period.
Aspen Technologies, Inc. offered its advanced Space loft aerogel insulation for a 21-kilometer, undersea natural gas pipeline which was being built by Technip for Petrobras in Brazil. The Space loft aerogel was chosen by Technip as it provided with very less thermal conductivity along with being much thinner compared to other pipe insulations.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil aerogel market , including forecasts for subscribers. This country databook contains high-level insights into Brazil aerogel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil aerogel market size, by product, 2018-2030 (US$M)
Brazil Aerogel Market Outlook Share, 2022 & 2030 (US$M)
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