North America Aerogel Market Size & Outlook, 2022-2030
North America aerogel market, 2018-2030 (US$M)
Related Markets
North America aerogel market highlights
- The North America aerogel market generated a revenue of USD 472.1 million in 2022.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 472.1 million |
| Market revenue in 2030 | USD 1,477.3 million |
| Growth rate | 15.3% (CAGR from 2022 to 2030) |
| Largest segment | Silica |
| Fastest growing segment | Polymers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 45.1% of the global aerogel market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 237.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aerogel Market Scope
Aerogel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 67.49% in 2022. Horizon Databook has segmented the North America aerogel market based on silica, polymers, carbon covering the revenue growth of each sub-segment from 2018 to 2030.
North America emerged as one of the key markets owing to the region being the top producer of aerogel and increasing demand from end-use industries including aerospace, building & construction, automotive, and oil & gas.
The market in North America exhibits a huge growth potential in terms of application development, quality, and product innovation for aerogel market, whereas the demand is driven by its superior insulation and low thermal conductivity properties.
However, the growth is expected to be sluggish in Mexico owing to the penetration of traditional insulating materials such as mineral wool, polyurethane foam, stone wool, and others. The demand for advanced solutions is expected to be very high in North America for various applications including building & construction, aerospace, automotive, oil & gas, coatings, and others.
Reasons to subscribe to North America aerogel market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America aerogel market databook
-
Our clientele includes a mix of aerogel market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America aerogel market , including forecasts for subscribers. This continent databook contains high-level insights into North America aerogel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America aerogel market size, by country, 2018-2030 (US$M)
North America Aerogel Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
