VRX 3.57% 14.5¢ vrx silica limited

Silica, research points to a huge growth market., page-2

  1. 2,406 Posts.
    lightbulb Created with Sketch. 307
    The aerogel market is going to be huge, aerogel is made from silicon dioxide, such as high grade Silica aka Arrowsmith and Muchea type Silica sand.

    When Is The Inflection Point Of The Aerogel Explosion?
    Pubdate: 2018-09-10 18:20:01
    From: Joda Insulation Material Aerogel
    When is the inflection point of the aerogel explosion?

    At present, the biggest obstacle to the development of aerogel market is the high price. Once the production cost of aerogel materials has been significantly reduced, the market scale will be dramatically expanded, product sales will rapidly expand, and will revolutionize the replacement of traditional insulation materials.

    So when is the inflection point of the aerogel explosion? In fact, with the declining market price of aerogel insulation materials, the total engineering cost of aerogel materials is close to that of traditional thermal insulation materials, but it has obvious advantages of energy saving, space saving, corrosion protection and long life. Tradematt based on years of industrial data and experience, the inflection point of rapid development of aerogel has actually quietly arrived, some leading aerogel companies will get explosive development!

    With the significant reduction of aerogel manufacturing costs and rapid expansion of production capacity, Tradematt expects the aerogel industry to expand rapidly in 2020 after five years. The aerogel industry as a whole has entered an explosive growth stage, with an annual composite growth rate of over 55% and a rapid replacement in the next 10 years. Traditional insulation materials, especially in the industrial and equipment fields, will be replaced more quickly, possibly reaching the scale of $1.9 billion to $17 billion a year in the next five to 10 years.

watchlist Created with Sketch. Add VRX (ASX) to my watchlist
(20min delay)
Mkt cap ! $64.53M
Open High Low Value Volume
14.5¢ 16.0¢ 14.5¢ $176.4K 1.172M

Buyers (Bids)

No. Vol. Price($)
6 381314 14.5¢

Sellers (Offers)

Price($) Vol. No.
15.0¢ 218829 5
View Market Depth
Last trade - 16.10pm 28/09/2020 (20 minute delay) ?
0.005 ( 11.1 %)
Open High Low Volume
15.0¢ 15.5¢ 14.5¢ 433528
Last updated 15.06pm 28/09/2020 (live) ?
VRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.