Insights And Analysis Of Manufacturing And Market Consumer Products With Aerogel Materials

Submitted By kelvin3102
Words: 329
Pages: 2

Cost factor
The range of the cost really depends on the size of aerogel required by the customers. A simple cost factor can be used to estimate the cost of aerogel to produce and sell the consumer goods. Generally, the cost factor of four times of the material cost will project the impact a material cost will have on the retail price of a product. For example, a manufacturer uses a traditional material to insulate a jacket and the jacket needs 10sq. ft. of insulation material, which costs $0.2 per sq. ft., therefore, the insulation cost of the jacket is $2. Multiply the actual price by four to obtain the retail price in the commercial market. If the manufacturer decides to use aerogel and replace the traditional material for the insulation jacket, the cost of aerogel is $1.5 per sq.ft., the actual price is $15. Again, using the cost factor and the retail price is $60 (Aegerter et. al., 2011). By comparing the retail cost between two materials in the example shown above, it indicates the challenges that aerogel insulation has in the consumer market.
Agerter, M., Leventis, N., Koebel, M. (2011). Insights and Analysis of Manufacturing and Market Consumer Products with Aerogel Materials. In Aerogels Handbook (pp.844-845). New York, USA: Springer.
The technology of aerogels have already well-developed and its physical properties are fully determined. Several recommendations for the aerogel are suggested in below: 1. Aerogels can be made using a new precursor in order to