Aerogel Market Projected To Reach USD 2.52 Billion By 2028
San Francisco, 23 Sep 2021: The Report Aerogel Market Size, Share & Trends Analysis Report By Product (Silica, Polymers), By End-use (Performance Coatings, Oil & Gas), By Form (Blanket, Panel), By Technology, By Region, And Segment Forecasts, 2020 - 2028 The global aerogel market size is expected to reach USD 2.52 billion by 2028, registering a CAGR of 15.1% over the forecast period, according to a new report by Grand View Research, Inc. Growing product usage for insulation applications in various industries, such as automotive, aerospace & defense, building & construction, oil & gas, and other industries, is expected to drive the market. Aerogels provide innovative and eco-friendly solutions for light-diffusing and high-performance insulation in architectural daylighting applications. Cabot Corp. provides LUMIRA aerogel, water-repelling particles produced through a subcritical drying process that exhibits a broader scope of applications including subsea pipe