China Aerogel Material Rapid Development Phase is Coming
According to a report released earlier by Allied Market Research, the global market value of aerogels materials will reach $ 1,896.6 million by 2020, a CAGR of 36.4% from 2014 to 2020. As China aerogel materials continue to improve in the exploration of new applications, market growth will be further enhanced.
China's aerogel market continues to develop with applications and rapidly expands above the world average. In 2014, the domestic production of aerogels is about 8,500 cubic meters and the imported products is about 1,500 cubic meters. The market size is about 182 million yuan. Since last year, the aerogel materials market ushered in a sudden surge in production and sales scale, Jinzheng Li, general manager of Zhejiang Shaoxing Shengnuo Energy Saving Technology Co., Ltd. told reporters last year, the industry added about 20,000 cubic meters of capacity, mainly due to the gas Gel expansion enterprises, the market size reached 330 million yuan.
In addition to the expansion of existing enterprises this year, new enterprises have also become an important force contributing to production capacity. It is estimated that this year's new production capacity is also about 20000 cubic meters. It is estimated that aerogels will be used in large quantities in industrial and equipment fields from 2015 to 2020. The industry will start to replace the traditional industrial insulation materials in 2020 and share about 500 billion yuan of industrial insulation materials market each year. Gel material will start large-scale application in the field of construction; 2025 will be a comprehensive alternative to traditional building insulation materials, to share more than 100 billion yuan each year the domestic market. Not only that, by 2020, the aerogel materials industry will rapidly increase, capacity will be drastically expanded, the aerogel materials industry as a whole into the explosive growth stage.
Although the prospect can be expected. However, at present, the China aerogels in our country are still in the early stage of development, and a number of superior enterprises have not yet formed yet. No single enterprise has formed a solid leading position.
In the next three to five years, it will be the golden period for the development of China aerogel materials. Enterprises that have low-cost core technologies and certain market resources will gain tremendous room for growth and can quickly become the dominant enterprises in the industry.