Press "Enter" to skip to content

Europe Blanket Aerogel Market Share & Size | Industry Forecast, 2023-2030

The Europe blanket aerogel market size was evaluated at $12.2 Billion in 2022 and is slated to hit $25.2 Billion by the end of 2030 with a CAGR of nearly 9.3% between 2023 and 2030.

???? Click Here to access The Full market Report :

➤ The market trends in Europe are being bolstered by favorable product features, such as fireproofing and water resistance.

The European blanket aerogel market will experience growth in the coming years as a result of the emphasis on ecological initiatives by numerous European countries. Additionally, blanket aerogels are more effective than numerous insulating materials due to their fireproofing capabilities and resistance to water. This, in turn, will stimulate the expansion of the blanket aerogel market in Europe. The demand for blanket aerogels is increasing in Europe due to their ecological safety and non-toxicity. The blanket aerogel market trends in Europe are expected to be bolstered by the anticipated increase in the penetration of blanket aerogel in the construction and textile sectors. In addition, the market surge in Europe will be broadened by the extensive use of the product in the aerospace sector.

➤ The industry’s expansion in Europe is hindered by the inconsistent costs of basic materials.

The blanket aerogel industry’s expansion in Europe may be severely impeded by substantial production costs and fluctuations in raw material costs.

➤ The European Union’s increasing emphasis on energy conservation is expected to generate new growth opportunities for the European market.

This has resulted in a greater adoption of aerogel blankets as insulating materials in buildings, thereby generating new growth opportunities for the European blanket aerogel market, as the EU’s energy-efficient policy mandates that member countries reduce their energy consumption.

➤ The market expansion in Europe may be significantly impeded by the intricate manufacturing process necessary to produce blanket aerosol.

Players in the European blanket aerosol industry face significant challenges due to the high cost of supercritical drying and the highly specialized manufacturing methods used to produce blanket aerogel.

???? Get more info :

  • The Europe Blanket Aerogel Market is segmented based on product, application and region

Europe Blanket Aerogel Market: Product Segment Analysis

● Silica
● Polymers
● Carbon

Europe Blanket Aerogel Market: Application Segment Analysis

● Automotive
● Building & Construction
● Aerospace
● Oil & Gas
● Marine
● Chemicals & Pharmaceuticals
● Locomotive
● Electrical & Electronics
● Medical & Healthcare
● Others

Click On This Below Link to see Similar Reports :

The Europe Blanket Aerogel market profiles key players such as:

● ZhengZhou Joda Technology Co. Ltd.
● Enersens Aerogel
● Cabot Corporation
● Active Aerogels
● Green Earth Aerogel Tehnologies
● Acoustiblok UK Ltd.
● Aspen Aerogels Inc.
● Armacell International S.A.
● Aerogel Technologies LLC
● Airglass AB

???? Recent Developments

• Armacell, a prominent producer and supplier of industrial foams and flexible insulation materials, introduced ArmaGel HTL in September 2022. This exceptional non-combustible aerogel blanket is suitable for industrial applications that necessitate improved thermal performance, non-combustion, and corrosion reduction during insulation. The introduction of new products will contribute to the expansion of the demand for blanket aerogels in Europe.

• Cabot Corporation, a significant manufacturer of lithium-ion battery components headquartered in the United States and with operations in European countries, announced the launch of EVOLVE™ Sustainable Solutions in March 2023. This innovative tool is designed to facilitate the development of sustainable reinforcing carbons. The expansion of the blanket aerogel market in Europe will be facilitated by this action.

➤ The German blanket aerogel market is expected to gain a significant revenue share of the European market between 2023 and 2030.

It is expected that Germany, which held the majority of the blanket aerogel market in Europe in 2022, will continue to make a significant contribution to the regional market share in the years ahead. The substantial presence of major automotive manufacturers in Germany is a contributing factor to the market’s expansion. Additionally, the market in Germany will experience growth due to the substantial demand for blanket aerogel in the automotive sector of the country. The product penetration in various industries in Germany has been accelerated by the country’s increase in industrialization, thereby bolstering regional market trends.

???? Get Customization Report :

About Us :

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database.

Contact Us:

Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714 USA/Canada Toll-Free No.1-855-465-4651
Email: [email protected]

Ritesh Author
Sorry! The Author has not filled his profile.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *