Aerogel Blanket Market to Grow by $ 473.30 mn in 2021, Activ

Aerogel Blanket Market to Grow by $ 473.30 mn in 2021, Active Aerogels and Aerogel Technologies LLC Emerge as Key Contributors to Growth | Technavio


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Technavio has been monitoring the aerogel blanket market and it is poised to grow by $ 473.30 mn during 2021-2025, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Global Aerogel Blanket Market 2021-2025 (Graphic: Business Wire)
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the aerogel blanket market. The market growth in 2021 is likely to Increase compared to the market growth in 2020.

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