Germany Aerogel Market Size & Outlook, 2022-2030
Germany aerogel market, 2018-2030 (US$M)
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Germany aerogel market highlights
- The Germany aerogel market generated a revenue of USD 102.2 million in 2022 and is expected to reach USD 318.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 15.3% 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 102.2 million |
| Market revenue in 2030 | USD 318.5 million |
| Growth rate | 15.3% (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, Germany accounted for 9.8% 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 Europe, Germany aerogel market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 318.5 million by 2030.
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Aerogel Market Scope
Aerogel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 66.14% in 2022. Horizon Databook has segmented the Germany aerogel market based on silica, polymers, carbon covering the revenue growth of each sub-segment from 2018 to 2030.
The aerogel market in Germany is expected to witness the highest growth in Europe owing to the increasing building energy demands coupled with the concerns for the rising greenhouse gas emissions. This has pushed the demand for energy saving materials and systems such as aerogels for serving well established industries such as aerospace, automotive, performance coating, oil & natural gas industry, marine, and building and construction in Germany.
In May 2018, BASF SE presented its SLENTEX- high performance insulation at Insulation Expo Europe in Cologne, Germany as part of its promotional strategy. The company presented it along with Aspen Aerogels Inc. with the view to increase awareness about its products amongst customers in Germany.
The silica aerogel market holds largest share in the Germany aerogel market. Silica aerogels have extraordinarily small pores which result in remarkable thermal, acoustical, and physical properties. Germany is Europe’s biggest construction and building market and is further expected to witness boom.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany aerogel market , including forecasts for subscribers. This country databook contains high-level insights into Germany aerogel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany aerogel market size, by product, 2018-2030 (US$M)
Germany Aerogel Market Outlook Share, 2022 & 2030 (US$M)
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