Silica Aerogel Market Dynamics (Trends, Growth Drivers & Restraints)

1. Silica AerogelMarket Dynamics (Trends, Growth Drivers & Restraints) Connect With Us: Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

2. Recent Trends & Developments : Application in Various Fields The structure of the clear filter for cigarette cartridge with the red Denicotea cap and the initial clear white silica gel filling material make it easy to see when the Denicotea filter for cigarette holders has absorbed its' capacity and should be changed. The nicotine, condensate and other materials absorbed by the cigarette filter will turn the silica gel crystals dark brown as these are successfully be filtered out of the passing smoke. The silica gel used in Denicotea filters for cigarette holders is pure silicon oxide. This guarantees a tasteless effect as the smoke passes over the crystals. Sample When the ultimate high thermal performance is required, Aerogel insulation provides significant enhancements in temperature control. Servicing high performance ovens, fridges, cool and freezer rooms, blast chillers, holding cabinets. Aerogel product can be integrated into cold rooms, in combination with polystyrene, it may be possible to reduce cooling energy demand, as well as increase the internal space within the cold room. Silica Aerogel In Optical Fibre Devices: Optical interactions with aerogel surrounding tapered fibres or inside the holes of photonic crystal fibres. This enables a new class of fibre devices exploiting the properties of the aerogel as a rigid yet porous replacement for air, as a nonlinear medium and as a host for dopants Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

3. Growth Drivers: Growing Consumption in Insulation Industry Role of Insulation Materials in Increasing the Energy Efficiency of Buildings • Growing Consumption in Insulation Industry • Aerogels are regarded as one of the most promising high performance thermal insulation materials for building applications today. With a low thermal conductivity, they show remarkable characteristics compared to traditional thermal insulation materials. • Another advantage of aerogels is their visible transparency for insulation applications which will allow their use in windows and skylights which give architects and engineers the opportunity of reinventing architectural solutions. For example, the low thermal conductivity, a high solar energy, and daylight transmittance in monolithic silica aerogel make it a very interesting material for use in highly energy efficient windows  • The building construction sector is considered to have the biggest cost effective energy-saving potential impact. Space heating is the most energy intensive end-use in homes accounting for 70% of the total final energy use. • Currently, thermal insulation in modern buildings has become a crucial way to meet the demands of improved energy efficiency, by which the conduction of heat through walls, ceilings, windows roofs and floors can be retarded effectively. Insulation Materials New Construction & Renovation Sample Energy Efficiency • Impact Analysis:- • New construction and architectural techniques are helping to make aerogels more popular. However, the construction sector is notoriously risk-averse and SMEs offering aerogel products face an obstacle in getting their clients in this sector to move away from conventional insulating products towards aerogels • Materials could contribute significantly to reducing energy consumption in buildings and sustain the competitiveness of the construction sector by improving the energy and cost performance in the building envelope (walls, roofs, floors, etc.) • TECNALIA is developing a new lightweight concrete (LWC) with high thermal insulation properties by integrating aerogel-based materials. • In 2016, Armacell establishes joint venture together with JIOS Aerogel Ltd for the development and manufacturing of silica aerogel blankets: ArmacellJios Aerogels Ltd. • Green Earth Aerogel Technologies is a Spanish start-up that offers aerogels made from agricultural waste which are cheaper, more environmentally friendly and quicker to produce than other conventional aerogels. High Medium Low Contact us here for any specific query and detailed analysis of Silica Aerogel Market Impact on Silica Aerogel Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

4. Market Restraints: High Production Cost and Low Awareness • High Production Cost and Low Awareness • Despite the obvious benefits of the advanced material, breaking into the construction sector is difficult. The construction industry is widely regarded as being conservative and slow to innovate and adopt new technologies. This conservatism and risk-aversion stems out of the overriding need for durable and long-lasting products, that are often expensive to build, but also very costly if they fail to perform as required. The industry is also highly fragmented and for the most part populated with SMEs with a low level of industrialization. • Aerogels have been around for several decades now, and despite their high performance, their uptake by the market has been limited by the high cost of producing aerogel (cost of the substrates as well as the synthesis process), resulting in a high cost of the product. This meant that the threat of substitution by other products has been high, even if these competing products did not perform as well as aerogels. • In addition, it limited the bargaining power of the sellers of aerogels as customers are more inclined to opt for materials that provide a more cost-effective product, and only some industries can afford the aerogels (the oil & gas industry for instance). Thermal Insulation Market Across the Globe in 2016, by Different Materials 2016 Sample Source: Goldstein Research • Impact Analysis:- • As the market develops however, the cost drops. Further, the aerogels market will benefit from increased investment by the Chinese market into the technology, and as production levels increase, the cost of aerogels will have to decrease. • In addition, technological advances in production methods such as the one developed by Tecnalia mean that aerogels became more cost-effective for consumers than ever before. Global Market Forecast for Building Thermal Insulation, by Region Sales (Thousand Million USD) High Medium Low Impact on Silica Aerogel Market Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

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