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    Aerogel Market

    ID: MRFR/CnM/3716-HCR
    200 Pages
    Chitranshi Jaiswal
    October 2025

    Aerogel Market Research Repot By Application (Thermal Insulation, Oil and Gas, Construction, Aerospace, Consumer Goods), By Type (Silica Aerogel, Polymer Aerogel, Carbon Aerogel, Metal Oxide Aerogel), By End-use Industry (Building and Construction, Transport, Energy, Electronics, Healthcare), By Form (Blanket, Rigid, Granular, Powder), and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)-Forecast to 2035

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    Aerogel Market Infographic
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    Aerogel Market Summary

    As per MRFR analysis, the Aerogel Market Size was estimated at 2.15 USD Billion in 2024. The Aerogel industry is projected to grow from 2.436 USD Billion in 2025 to 8.499 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 13.31 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Aerogel Market is poised for substantial growth driven by sustainability and technological advancements.

    • North America remains the largest market for aerogels, primarily due to its robust demand for thermal insulation materials.
    • The Asia-Pacific region is emerging as the fastest-growing market, fueled by increasing industrial applications and investments.
    • Thermal insulation continues to dominate the market, while polymer aerogels are gaining traction as the fastest-growing segment.
    • Rising demand for insulation materials and innovations in manufacturing processes are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 2.15 (USD Billion)
    2035 Market Size 8.499 (USD Billion)
    CAGR (2025 - 2035) 13.31%

    Major Players

    Aspen Aerogels (US), Cabot Corporation (US), BASF SE (DE), Dow Inc. (US), Aerogel Technologies (US), Nano High-Tech (CN), JIOS Aerogel (KR), Enersens (FR), American Aerogel Corporation (US)

    Aerogel Market Trends

    The Aerogel Market is currently experiencing a notable transformation, driven by advancements in material science and increasing demand across various sectors. This lightweight and highly porous material, known for its exceptional insulating properties, is finding applications in industries such as construction, aerospace, and electronics. The growing emphasis on energy efficiency and sustainability is propelling the adoption of aerogels, as they offer superior thermal insulation compared to traditional materials. Furthermore, ongoing research and development efforts are likely to enhance the performance characteristics of aerogels, making them even more appealing to manufacturers and consumers alike. In addition to energy efficiency, the Aerogel Market is witnessing a surge in interest due to its potential in innovative applications. For instance, aerogels are being explored for use in environmental remediation, where their unique properties can aid in the absorption of pollutants. Moreover, the increasing focus on lightweight materials in the automotive sector suggests a promising future for aerogels in vehicle manufacturing. As industries continue to seek materials that combine performance with sustainability, the Aerogel Market appears poised for substantial growth in the coming years.

    Sustainability Focus

    The Aerogel Market is increasingly influenced by a growing emphasis on sustainable materials. As industries strive to reduce their environmental footprint, aerogels present an attractive option due to their energy-efficient properties and potential for reducing resource consumption.

    Technological Advancements

    Ongoing innovations in aerogel production techniques are likely to enhance the material's properties and reduce manufacturing costs. These advancements may lead to broader applications and increased market penetration across various sectors.

    Diverse Applications

    The versatility of aerogels is driving their adoption in a wide range of applications, from thermal insulation in buildings to lightweight components in aerospace. This trend indicates a shift towards integrating aerogels into mainstream manufacturing processes.

    The global aerogel market is poised for substantial growth, driven by its unique properties and increasing applications across various industries, including aerospace, construction, and energy.

    U.S. Department of Energy

    Aerogel Market Drivers

    Innovations in Manufacturing Processes

    Innovations in manufacturing processes are reshaping the Aerogel Market, enabling the production of aerogels with enhanced properties and reduced costs. Advances in sol-gel technology and supercritical drying methods have led to the development of more efficient production techniques. These innovations not only improve the quality of aerogels but also expand their applicability across various industries, including automotive and electronics. The market is projected to witness a compound annual growth rate of around 15 percent, driven by these technological advancements. As manufacturers continue to refine their processes, the Aerogel Market is likely to see an influx of new products and applications, fostering further growth.

    Rising Demand for Insulation Materials

    The Aerogel Market experiences a notable increase in demand for advanced insulation materials across various sectors. This trend is primarily driven by the need for energy efficiency and thermal management in construction and industrial applications. Aerogels, known for their exceptional thermal resistance, are increasingly utilized in building materials, leading to a projected growth rate of approximately 20 percent annually. As energy costs rise, the adoption of aerogel-based insulation solutions appears to be a strategic choice for reducing energy consumption. Furthermore, the construction sector's shift towards sustainable practices further propels the demand for aerogel products, indicating a robust future for the Aerogel Market.

    Growth in Aerospace and Defense Applications

    The Aerogel Market is significantly influenced by the expanding applications in the aerospace and defense sectors. Aerogels are utilized in various aerospace components due to their lightweight and high-performance characteristics. The increasing focus on fuel efficiency and weight reduction in aircraft design has led to a surge in the adoption of aerogel materials. Reports suggest that the aerospace sector could account for over 30 percent of the total aerogel market by 2026. Additionally, the defense industry employs aerogels for thermal insulation and shock absorption in military equipment, further enhancing the market's growth potential. This trend indicates a promising trajectory for the Aerogel Market.

    Regulatory Support for Sustainable Materials

    The Aerogel Market is positively impacted by regulatory support aimed at promoting sustainable materials. Governments are increasingly implementing policies that encourage the use of eco-friendly materials in construction and manufacturing. Aerogels, being lightweight and energy-efficient, align well with these sustainability goals. The market is likely to benefit from incentives and subsidies aimed at reducing carbon footprints, which could lead to a substantial increase in aerogel adoption. As regulations become more stringent regarding energy efficiency and environmental impact, the Aerogel Market is expected to experience accelerated growth, driven by the demand for sustainable solutions.

    Increasing Investment in Research and Development

    The Aerogel Market benefits from a surge in investment directed towards research and development initiatives. Companies and research institutions are increasingly focusing on exploring new applications and improving the performance of aerogels. This trend is evident in the rising number of patents filed related to aerogel technologies, indicating a robust interest in innovation. The investment in R&D is expected to enhance the material properties of aerogels, making them more competitive against traditional materials. As a result, the Aerogel Market is poised for expansion, with new applications emerging in sectors such as healthcare and energy storage, potentially increasing market share significantly.

    Market Segment Insights

    By Application: Thermal Insulation (Largest) vs. Aerospace (Fastest-Growing)

    The Aerogel Market is segmented primarily into Thermal Insulation, Oil and Gas, Construction, Aerospace, and Consumer Goods. Among these, Thermal Insulation holds the largest share due to its extensive use in various industries, including construction and oil and gas. The material's lightweight and high thermal resistance attributes make it an effective solution for energy efficiency, leading to its wide adoption. In contrast, the Aerospace segment is emerging with significant growth potential, driven by increasing investments in advanced materials for aircraft manufacturing, contributing to lightweight structures that enhance fuel efficiency. As the demand for energy-efficient solutions rises globally, the Thermal Insulation segment is expected to maintain its leading position. The growth of the Oil and Gas sector, along with stringent regulations on energy consumption, further fuels this trend. Conversely, the Aerospace segment is experiencing rapid advancements in aerogel technology, offering lightweight properties that are crucial for new-generation aircraft designs. This focus on improving fuel economy and operational efficiency is making Aerospace the fastest-growing application in the market.

    Thermal Insulation (Dominant) vs. Aerospace (Emerging)

    Thermal Insulation remains the dominant application in the Aerogel Market due to its unparalleled thermal resistance and lightweight characteristics, making it ideal for a variety of insulation applications. This segment caters to industries such as construction, where energy efficiency is paramount, and oil and gas, where temperature control is critical. Conversely, the Aerospace segment is emerging as a significant player, characterized by rapid technological advancements and increasing demand for lightweight materials. The growth in this segment is fueled by stringent fuel efficiency regulations and the pursuit of innovative designs in aircraft manufacturing. Both segments showcase the versatility and adaptability of aerogels, catering to diverse industrial needs, but with distinctly different market dynamics.

    By Type: Silica Aerogel (Largest) vs. Polymer Aerogel (Fastest-Growing)

    The Aerogel market exhibits a diverse distribution of segment values, with Silica Aerogel holding the largest share due to its extensive applications across various industries, including construction, aviation, and insulation. Its superior thermal performance and low density make it the preferred choice for many manufacturers. On the other hand, Polymer Aerogel is rapidly increasing in market share, driven by its flexibility and lightweight properties, making it suitable for innovative applications in electronics and consumer goods. The growth trends in the Aerogel market are significantly influenced by advancements in technology and the increasing need for sustainable solutions across several sectors. Silica Aerogel continues to dominate the landscape with its established reputation, but Polymer Aerogel is emerging as a dynamic segment, propelled by attractive attributes for modern applications. Furthermore, the impact of environmental regulations is fostering the demand for lighter, more efficient materials, benefiting both segments accordingly.

    Silica Aerogel (Dominant) vs. Carbon Aerogel (Emerging)

    Silica Aerogel stands as the dominant player in the Aerogel market, renowned for its exceptional thermal insulation capabilities, strength, and stability under various conditions. It is widely utilized in high-performance insulation, thus finding its way into applications ranging from aerospace to oil and gas. On the other hand, Carbon Aerogel, emerging as a significant substitute, is known for its electrical conductivity and potential in energy storage devices such as supercapacitors. This positions Carbon Aerogel as an attractive material for electronics and energy sectors, showing promising growth as research continues to enhance its properties and reduce production costs. The competition between these two segments reflects a broader trend towards optimizing material performance in diverse applications.

    By End-use Industry: Building and Construction (Largest) vs. Transport (Fastest-Growing)

    In the Aerogel Market, the end-use industry segment captures diverse applications such as building and construction, transport, energy, electronics, and healthcare. Among these, building and construction represent the largest segment, driven by the need for energy-efficient and sustainable materials. Transport, on the other hand, is rapidly gaining attention, emphasizing lightweight and high-performance materials to improve overall efficiency. The growth trends for this segment are influenced by stringent regulations promoting energy efficiency and innovations in aerogel materials. The building and construction sector benefits from increasing investments in infrastructure and green building initiatives. Meanwhile, the transport sector is poised for expansion due to the growing demand for lighter materials for vehicles and advancements in aerogel technology that enhance insulation and performance.

    Building and Construction: Dominant vs. Transport: Emerging

    The building and construction segment remains dominant in the Aerogel Market as it addresses the demand for energy-efficient insulation materials that comply with regulatory standards. This sector capitalizes on the growing trend of sustainable construction, where aerogels contribute to reduced energy consumption in buildings. Conversely, the transport segment is emerging as a significant player, focusing on lightweight aerogel materials to enhance fuel efficiency and performance in vehicles. With an increasing emphasis on reducing carbon footprints, both segments are interconnected, as innovations in aerogel technology pave the way for enhanced applications in transport, thereby linking these two crucial sectors.

    By Form: Blanket (Largest) vs. Powder (Fastest-Growing)

    The Aerogel Market is characterized by a diverse range of forms including Blanket, Rigid, Granular, and Powder. Among these, the Blanket form holds the largest market share due to its extensive applications in insulation and energy efficiency. Its ease of installation and performance characteristics make it highly preferred in various industries. In contrast, the Powder form is emerging rapidly in the market, driven by its versatility and potential applications in advanced material composites and thermal management solutions, capturing attention as it grows in demand.

    Blanket (Dominant) vs. Powder (Emerging)

    The Blanket form of aerogel stands out as a dominant player in the market, known for its exceptional thermal insulation properties and flexibility, making it suitable for diverse applications in aerospace, construction, and oil and gas industries. Its lightweight nature and ease of handling contribute to its widespread adoption. On the other hand, the Powder form is regarded as an emerging segment, offering unique advantages in formulations and composite materials. It is increasingly being utilized in innovative sectors such as electronics and nanotechnology, where its high surface area and reactivity are advantageous. As a result, while Blanket remains the preferred choice for insulation, Powder's expansion into specialized applications is indicative of evolving market needs.

    Get more detailed insights about Aerogel Market

    Regional Insights

    The Aerogel Market experienced notable growth driven by increasing applications across various industries. Within the regional segmentation, North America held a majority share with a valuation of 0.9 USD Billion in 2024 and anticipated to grow to 3.6 USD Billion by 2035, owing to advancements in insulation and aerospace technologies.

    Europe followed closely, valued at 0.7 USD Billion in 2024 and projected to reach 2.8 USD Billion in 2035, fueled by robust Research and Development initiatives in the construction and automotive sectors. The South America region started at a value of 0.2 USD Billion in 2024, growing to 0.9 USD Billion by 2035, indicating emerging opportunities for aerogel applications in energy-efficient buildings.

    Asia Pacific was also a key player, beginning at 0.3 USD Billion in 2024 and climbing to 1.5 USD Billion in 2035, as increasing industrialization and infrastructure development drive market demand.

    Lastly, the Middle East and Africa, valued at 0.1 USD Billion in 2024 with future growth to 0.7 USD Billion by 2035, reflects a growing market primarily in construction and oil and gas industries, highlighting regional variances in aerogel market dynamics.

    Aerogel Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Aerogel Market has seen significant growth and innovation, reflecting the increasing demand for advanced materials characterized by their unique properties such as low density, thermal resistance, and structural integrity.

    This market landscape is marked by intense competition, with numerous players actively engaging in research and development to enhance their product offerings and cater to various industry sectors including aerospace, automotive, construction, and oil and gas.

    The competitive dynamics in the market are driven not only by technological advancements but also by strategic collaborations, mergers and acquisitions, and geographic expansions that tap into emerging markets. As companies intensify their focus on sustainability and performance, the landscape is evolving rapidly, allowing for new entrants and established firms to challenge prevailing market leaders.

    Aerogel Technologies has positioned itself as a notable entity in the Aerogel Market, with a robust portfolio that focuses on high-performance aerogel products designed for diverse applications. The company leverages its expertise in material science to deliver innovative solutions that meet various industry needs, emphasizing the importance of energy efficiency and cost-effectiveness.

    Known for its strong research capabilities, Aerogel Technologies has cultivated strategic partnerships that enhance its market presence globally. The company's strengths lie in its commitment to product development, enabling it to stay ahead of competitors by producing aerogels that conform to stringent regulatory standards while also addressing the emerging demands for eco-friendly materials.

    This proactive approach positions Aerogel Technologies as a formidable player within the competitive landscape.

    Resilience Technologies is another influential competitor in the Aerogel Market, recognized for its cutting-edge solutions tailored for thermal insulation and energy efficiency applications. The company focuses on developing high-quality aerogel products that cater to various sectors, including aerospace, energy, and construction.

    Resilience Technologies benefits from a strong market presence, fueled by substantial investments in research and development that allow for continuous product innovation. Its strengths are reflected in its strong customer relationships and a commitment to sustainable practices, setting the stage for the company to expand its reach further.

    Additionally, Resilience Technologies has engaged in strategic mergers and acquisitions to bolster its capabilities and market share, enhancing its competitive edge.

    These initiatives enable the company to diversify its product offerings while reinforcing its position as a key player in the Aerogel Market, further solidifying its role as a leader in addressing the growing global needs for advanced material solutions.

    Key Companies in the Aerogel Market market include

    Industry Developments

    • Q2 2024: Aspen Aerogels Announces Opening of New Advanced Manufacturing Facility in Bulloch County, Georgia Aspen Aerogels opened a new state-of-the-art manufacturing facility in Georgia to expand production capacity for its aerogel-based thermal barrier products, supporting growth in the electric vehicle and energy infrastructure sectors.
    • Q2 2024: Cabot Corporation Appoints New Vice President of Aerogel Business Cabot Corporation announced the appointment of Dr. Lisa Chang as Vice President of its Aerogel business unit, aiming to accelerate innovation and market expansion in high-performance insulation materials.
    • Q3 2024: Svenska Aerogel Signs Strategic Partnership with Saint-Gobain for Aerogel Insulation Solutions Svenska Aerogel entered a strategic partnership with Saint-Gobain to co-develop and commercialize advanced aerogel insulation products for the European construction market.
    • Q2 2024: Aspen Aerogels Secures $100 Million in New Funding to Expand EV Battery Materials Production Aspen Aerogels raised $100 million in a new funding round to scale up production of its PyroThin thermal barrier products for electric vehicle battery safety applications.
    • Q1 2025: Aerogel Technologies Launches Ultra-Lightweight Aerogel Panel for Aerospace Applications Aerogel Technologies introduced a new ultra-lightweight aerogel panel designed for use in next-generation aerospace insulation, targeting commercial and defense aviation markets.
    • Q2 2025: Cabot Corporation Expands Aerogel Production Capacity at Frankfurt Facility Cabot Corporation completed an expansion of its Frankfurt, Germany facility, increasing aerogel production capacity to meet rising demand from the European construction and industrial sectors.
    • Q3 2024: Aspen Aerogels Wins Major Supply Contract with Leading European EV Manufacturer Aspen Aerogels secured a multi-year supply contract to provide thermal insulation materials for battery systems to a top European electric vehicle manufacturer.
    • Q1 2025: Svenska Aerogel Receives EU Regulatory Approval for Quartzene® in Building Applications Svenska Aerogel obtained EU regulatory approval for its Quartzene® aerogel product, enabling its use in energy-efficient building insulation across the European Union.
    • Q2 2024: Aspen Aerogels Appoints New Chief Technology Officer Aspen Aerogels named Dr. Michael Evans as Chief Technology Officer to lead R&D efforts in advanced aerogel materials for energy and mobility markets.
    • Q4 2024: Aerogel Technologies Raises $30 Million Series C to Accelerate Commercialization Aerogel Technologies completed a $30 million Series C funding round to expand manufacturing and accelerate commercialization of its next-generation aerogel products.
    • Q1 2025: Cabot Corporation Launches New Hydrophobic Aerogel for Oil & Gas Pipeline Insulation Cabot Corporation launched a new hydrophobic aerogel product designed to improve insulation and moisture resistance in oil and gas pipeline applications.
    • Q2 2025: Svenska Aerogel Opens New Pilot Plant for Sustainable Aerogel Production Svenska Aerogel inaugurated a new pilot plant focused on sustainable aerogel manufacturing, aiming to reduce environmental impact and support large-scale commercial deployment.

     

    Future Outlook

    Aerogel Market Future Outlook

    The Aerogel Market is projected to grow at a 13.31% CAGR from 2024 to 2035, driven by advancements in insulation technologies, aerospace applications, and environmental sustainability.

    New opportunities lie in:

    • Development of high-performance aerogel composites for automotive applications.
    • Expansion into emerging markets with tailored aerogel solutions.
    • Investment in R&D for bio-based aerogels to meet sustainability demands.

    By 2035, the Aerogel Market is expected to achieve substantial growth, solidifying its position as a key player in advanced materials.

    Market Segmentation

    Aerogel Market Form Outlook

    • Blanket
    • Rigid
    • Granular
    • Powder

    Aerogel Market Type Outlook

    • Silica Aerogel
    • Polymer Aerogel
    • Carbon Aerogel
    • Metal Oxide Aerogel

    Aerogel Market Application Outlook

    • Thermal Insulation
    • Oil and Gas
    • Construction
    • Aerospace
    • Consumer Goods

    Aerogel Market End-use Industry Outlook

    • Building and Construction
    • Transport
    • Energy
    • Electronics
    • Healthcare

    Report Scope

    MARKET SIZE 20242.15(USD Billion)
    MARKET SIZE 20252.436(USD Billion)
    MARKET SIZE 20358.499(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)13.31% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for lightweight insulation materials in aerospace and construction sectors drives Aerogel Market expansion.
    Key Market DynamicsRising demand for lightweight insulation materials drives innovation and competition in the aerogel market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What was the market size of the Aerogel Market by 2024?

    The Aerogel Market was valued at 2.15 billion USD in 2024.

    What will be the projected market value of the Aerogel Market by 2035?

    By 2035, the Aerogel Market is projected to reach a value of 8.5 billion USD.

    What is the expected CAGR for the Aerogel Market from 2025 to 2035?

    The Aerogel Market is anticipated to grow at a CAGR of 13.31% from 2025 to 2035.

    Which region is expected to have the largest market share in the Aerogel Market by 2035?

    North America is expected to hold the largest market share, valued at 3.6 billion USD in 2035.

    What are the expected market values for various applications of aerogel by 2035?

    By 2035, Thermal Insulation is projected at 3.5 billion USD, Oil and Gas at 2.3 billion USD, Construction at 1.8 billion USD, Aerospace at 1.2 billion USD, and Consumer Goods at 0.7 billion USD.

    Who are the key players in the Aerogel Market?

    Major players in the Aerogel Market include Aerogel Technologies, BASF SE, Dow Inc, and Aspen Aerogels among others.

    What was the market size for the North American Aerogel Market in 2024?

    In 2024, the North American Aerogel Market was valued at 0.9 billion USD.

    What market size is projected for the European Aerogel Market by 2035?

    The European Aerogel Market is projected to reach 2.8 billion USD by 2035.

    How much is the Aerogel Market for Oil and Gas expected to grow by 2035?

    The Aerogel Market for Oil and Gas is expected to grow to 2.3 billion USD by 2035.

    What are the growth opportunities for the Aerogel Market in the coming years?

    Growth opportunities include expansion in thermal insulation applications and increasing demand in the oil and gas industry.

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