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Allied Market Research

Aerographene Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 220 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Aerographene Market Analysis 2020-2027

Aerogel is manufactured by uniting a polymer with a solvent to form a gel, and then eliminating the liquid from the gel and substituting it with gas, which is generally air. High air content makes it one of the world's lightest solid materials, which is about 7.5 times less dense than air, even lesser dense than helium, thus making it the least dense solid.

Aerogels can be produced from several types of chemical compounds and are a diverse class of materials with unique properties, such as excellent insulation, low density and low thermal conductivity. Furthermore, they have high mechanical strength, extreme electron mobility, and great thermal conductivity.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Application, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include AEROGEL TECHNOLOGIES LLC, AMERICAN ELEMENTS, ASPEN AEROGEL INC., BASF SE, CABOT CORP., GRAPHENE 3D LAB INC., READE INTERNATIONAL CORP., Active Aerogel, Enersens SAS and JIOS Aerogel.

 

COVID-19 Impact

  • The global market for aerographene market is severely impacted by the outbreak of the COVID-19 pandemic. 
  • The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns. 
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of aerographenes, which negatively impact the market growth.

Top impacting factors: Market Scenario Analysis, Trends,and Drivers 

Aerographene market is anticipated to see growth during the forecast period due to various reasons, for instance, the key factor boosting the aerographene market is increasing demand for printed electronics. Moreover, there has been continuous increase in demand for aerographene in telecommunication, electronics, and healthcare sector, thus creating great opportunities for revenue generation in aerographene market. 

Furthermore, the electronics and telecommunications sector is anticipated to dominate the aerographene market in the future, owing to its wide range of applications in both, electronic and telecommunication industry, such as supercharged batteries (enhanced lithium-ion batteries), optical electronics, unbreakable touchscreens, transistors, printed electronics, and conductive inks.

In the past few years, it has been discovered that graphene carries various unique properties, which has the ability to replace silicon in many electronics applications. Further, graphene is considerably cost-efficient as compared to the materials used in most modern smartphones and is much more agile. Owing to all these various properties, the aerographene market is anticipated to boost in the near future.

Aerographene is used on a commercial scale in optoelectronics for touchscreens (for smartphones, tablet, desktop computers, and televisions), liquid crystal displays (LCD), and organic light emitting diodes (OLEDs). Therefore, several such applications of graphene in electronics and telecommunications are expected to surge consumption of graphene at a good rate, during the forecast period.

However, factors like the lack of commercial production, are anticipated to hamper the growth of the aerographene market.

Regional Analysis

The global aerographene market is studied across major four regional markets including North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to be the largest market over the coming years in response to the rising industrial growth, urbanization, and the development of the electronics, automotive, and paints and coatings industry. In addition, growth will be strong in India and China, owing to industrialization, population growth and high demand and this is further expected to complement the growth of this region. Moreover, Japan holds the most patents for Aerographene aerogel products in the Asia-Pacific and this is encouraging Japanese aerographene manufacturers to expand their business in this region.

In addition, Europe and North America is expected to register significant growth, owing to awareness about the product and its applications demand. This is mainly due to market over there is witnessing stable performance due to high deployment in the automotive sector

Key segments covered:

Segments

Sub segments

  Type

  • Granules
  • Blocks
  • Powder
  • Tiles
  • Others

  Application

  • Fuel Cells
  • Nanocatalyst
  • Supercapacitors
  • Hydrogen Storage
  • Desalination Systems

 

Key benefits of the report:

  • This study presents the analytical depiction of the global aerographene industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global aerographene market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global aerographene market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global aerographene market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the Aerographene Market research report:

  • Who are the leading market players active in the aerographene market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the aerographene market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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