The global silica aerogel market is expected to reach USD 570 million by the end of 2025
Essentially, silica aerogel is a lightweight construction material made of Portland cement, water, foaming agent and compressed air. It is also known by other names, such as aerated concrete, air-cured lightweight concrete, autoclaved silica aerogel (AAC) and cellular lightweight concrete.
What most people know is that silica aerogel is economical and provides high fluidity, high strength, fire resistance, mildew resistance and enhanced durability. These special properties enable it to provide superior performance and a more cost-effective structure than conventional materials. The silica aerogel market has been segmented according to application and end-user industries. In 2018, based on applications, building blocks, slabs and arches accounted for the largest share. silica aerogel is also widely used in the insulation of pipelines, roads, bridges, tunnels, etc. In addition, due to its low cost, high fluidity and volume expansion capability, it is very suitable for filling voids.
In 2020, the global silica aerogel market is 380 million U.S. dollars and is expected to reach 570 million U.S. dollars by the end of 2025, with a compound annual growth rate of 5.1% between 2020 and 2025.
The price of silica aerogel continues to be affected by factors such as market growth momentum, various opportunities and challenges. However, during the forecast period from 2020 to 2026, the global silica aerogel sales market is expected to continue to be above average. The growth rate will continue to increase. It is expected that from today to next week, the price of silica aerogel will increase to a certain extent.
Due to changes in consumer demand, import and export conditions, and various investigations on the development of silica aerogel, the cost of silica aerogel is constantly changing. Taking into account the current market macroeconomic parameters, value chain analysis, channel partners, demand and supply, the cost of silica aerogel will also be affected to a certain extent. It is estimated that the cost of silica aerogel will increase slightly from today to next week.
However, TRUNNANO provides high purity silica aerogel with steady price. “In order to feedback to old customers, the company is still in full operations to provide silica aerogel with competitive price.” said Olina, sales manager of TRUNNANO.
TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and silica aerogel manufacturer, Luoyang Tongrun dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges.
If you are looking for silica aerogel, please send an email to: email@example.com
OR go to the following link: https://www.cie-china.org/product.html
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