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Stock impact report

Aerogel Market Expected to Reach USD 17.1 Billion in 2033, Set to Surge with a 21.8% CAGR | Marketresearch.biz [Yahoo! Finance]

Aspen Aerogels, Inc. (ASPN) 
Last aspen aerogels, inc. earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
New York, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The aerogel market , valued at USD 2.50 billion in 2023, is poised for substantial growth, projected to reach USD 17.1 billion by 2033, with a robust 21.8% CAGR The surge in demand from high-end-use sectors such as automobiles, construction, aerospace, and electronics drives this growth. Aerogel, a synthetic porous material with 99.8% air composition, finds diverse applications due to its low heat conductivity and density. In the automobile industry, it transforms vehicle design, enhancing efficacy and performance. With applications in thermal and acoustic insulation, aerogels contribute to the evolving landscape of electric vehicles. To get additional highlights on major revenue-generating segments, Request an Aerogel Market sample report at https://marketresearch.biz/report/aerogel-market/request-sample/ Toyota Motor leads US auto sales, with Detroit automakers reporting a 14.1% increase in new vehicle sales to over 2.6 million unit Show less Read more
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