Japan Aerogel Market Size & Outlook, 2022-2030
Japan aerogel market, 2018-2030 (US$M)
Related Markets
Japan aerogel market highlights
- The Japan aerogel market generated a revenue of USD 41.2 million in 2022 and is expected to reach USD 142.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 16.8% 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 41.2 million |
| Market revenue in 2030 | USD 142.9 million |
| Growth rate | 16.8% (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, Japan accounted for 3.9% 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 Asia Pacific, China aerogel market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 142.9 million by 2030.
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Aerogel Market Scope
Aerogel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 65.78% in 2022. Horizon Databook has segmented the Japan aerogel market based on silica, polymers, carbon covering the revenue growth of each sub-segment from 2018 to 2030.
The aerogels market is expected to witness substantial growth in Japan during the forecast period owing to its increasing use in well-established aerospace, automotive, performance coating, oil & natural gas, marine, building and construction industries in Japan.
The scientists in Japan have carried out various research for developing cost-effective aerogels along with finding production process for aerogel that saves cost. Japan stands amongst the top countries in terms of patents for aerogel development.
The silica aerogel is expected to experience high growth rate in the Japanese aerogel market owing to their characteristics such as rich porosity, ultralow density, extreme environmental stabilities, high conductivity, and high tensile elongation.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan aerogel market , including forecasts for subscribers. This country databook contains high-level insights into Japan aerogel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan aerogel market size, by product, 2018-2030 (US$M)
Japan Aerogel Market Outlook Share, 2022 & 2030 (US$M)
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