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Aerogel Market Analysis Growth Prospects, SWOT Analysis, Business Development and Forecast 2022-2030

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Aerogel is a class of synthetic porous ultralight, and dense foam, where the component of liquid is replaced by gas thereby making the lightest solid. The properties of aerogel are – it has low density, shows resistant to high temperature, optical refraction index is low, dielectric constant is high,  high specific surface area, degree of porosity is high, properties of thermal, acoustic, and impact damping. It has the capacity of holding more than 4000 times of weight of its own. The ecological nature of aerogel sponge helps in the recycling of the same. The use of aerogel in the aerospace, electronics, healthcare, and oil &gas industries. The main advantages of aerogel are that its cost of production is very high and the mechanical strength is also very poor. The market of aerogel is developing due to its widespread application in many industries which resulted in many technological developments in the market. Though, aerogel causes irritation in skin, eyes, respiratory tract, a