Home Tech IDTechEx Explores if China is Taking Over the Market Landscape

IDTechEx Explores if China is Taking Over the Market Landscape

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BOSTON, June 7, 2021 /PRNewswire/ — The high-volume production of silica aerogel products is not a new business. Despite being known since the 1930s, the adoption of the ultralightweight insulator has faced many false-starts across the 20th century; the commercial ramp-up has only been seen in the last two decades, but it has still not been the rapid profitable expansion model that many hoped. Realistically there have been two key companies: Aspen Aerogels, producing blankets via supercritical drying, and Cabot Corporation, producing granules via ambient pressure drying. The question is: Is the market landscape shifting?

IDTechEx forecast the aerogel industry to exceed $700m by 2031. The market report “Aerogels 2021-2031: Technologies, Markets and Players” provides the most comprehensive overview of the industry including forecasts,…

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