Aerogel Market

Aerogel Market Size and Forecast

The global Aerogel Market is valued at USD 1.25 Billion in 2024 and is projected to reach a value of USD 6.08 Billion by 2035 at a CAGR (Compound Annual Growth Rate) of 15.5% between 2025 and 2035.

Aerogel Market Key Highlights

• Based on the Form, the Blanket category accounted for significant market share of 64.5% in Aerogel market industry in 2024
• In 2024, by Type, Silica dominated the Aerogel market with significant Aerogel market share of 62.4%
• By Technology, Supercritical drying dominated the Aerogel market with market share of 70.5% in 2024
• In 2024, by Application, Energy industrial dominated the Aerogel market with Aerogel market share of 47.5%
• North America dominated the Aerogel market industry with 43.5% Aerogel market share in 2024
• Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period in Aerogel market industry

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Aerogel Market Growth Factor

Advancements in Aerogel Technology

Ongoing technological advancements in aerogel manufacturing are propelling Aerogel market growth. Innovations in production techniques have enhanced the scalability, cost-effectiveness, and versatility of aerogels, making them more accessible across industries such as construction, aerospace, electronics, and healthcare. Improved manufacturing methods have also resulted in greater consistency and quality, broadening their applications. Additionally, the development of new formulations and composite aerogels has led to tailored solutions that enhance performance for specific applications. As aerogel technology continues to evolve, its role in driving energy efficiency, sustainability, and high-performance materials across multiple sectors will further strengthen, fueling Aerogel market expansion.

Aerogel Market Restraint Factor

Limited Mechanical Strength

One of the primary challenges in the Aerogel market is its low mechanical strength. While aerogels are widely valued for their lightweight nature and superior thermal insulation, their structural fragility can limit their use in industries requiring high durability, such as construction, petrochemicals, and transportation. These sectors demand materials that can withstand mechanical stress, which aerogels often struggle to provide. Although advancements such as polymer reinforcement and nanoparticle integration have improved aerogel strength, overcoming these mechanical limitations remains a key challenge for Aerogel market for broder adoption.

Aerogel Market Opportunity Factor

Rising Demand for Sustainable Solutions

The increasing global focus on sustainability presents significant opportunities for the Aerogel market. Aerogels' exceptional thermal insulation qualities and lightweight design help many sectors use less energy and have a smaller environmental effect. Eco-friendly materials like aerogels are being used more frequently in aerospace, automotive, and construction applications as a result of stricter restrictions and more awareness of climate change. Aerogels are essential to reaching global sustainability targets because of their capacity to improve aerospace performance, reduce fuel consumption in automobiles, and increase building energy efficiency.

Form Insights

​The Form segment is divided into Blanket, Particle, Panel, Monolith. The Blanket segment held the dominant share in 2024, accounting for significant Aerogel market share of 64.5%.

• Blanket held the most market share in 2024 in Aerogel market. Aerogel blankets, primarily made from silica aerogel, are valued for their exceptional thermal resistance and lightweight properties, making them highly effective for insulation in industries such as aerospace, construction, and oil & gas. With a growing global focus on energy efficiency, aerogel blankets have seen increased adoption as industries seek advanced insulation solutions
• The panel segment is projected to experience the highest CAGR of 19.8% over the forecast period in Aerogel market. These panels, which are mostly made of silica aerogels, offer excellent thermal insulation and are being utilized more and more in applications involving building, automobiles, and aircraft where energy efficiency and weight reduction are crucial factors. Rising awareness of sustainable building materials and the push for energy conservation have further fueled the demand for aerogel panels
• Aerogel particles are granular forms of aerogel used as functional additives in coatings, composites, and other materials. These particles are frequently used in paints, coatings, personal care products, and industrial insulation materials because of their high porosity, low density, and exceptional thermal resistance. Their ability to enhance thermal and acoustic insulation, reduce weight, and provide moisture resistance makes them valuable in high-performance coatings and engineered materials for various industrial and consumer applications
• Monolithic aerogels are solid, freestanding aerogel structures with uniform porosity and high thermal resistance. Unlike aerogel blankets or particles, monoliths are used in applications requiring structural integrity and minimal material loss, such as advanced engineering, high-tech sensors, space exploration, and biomedical applications. Their low density, high surface area, and excellent insulation properties make them an innovative solution for next-generation aerospace components, catalytic applications, and energy storage materials

Type Insights

The Type segment is divided into Silica, Polymer, Carbon, Others. In 2024, the Silica segment held largest share of 62.4% in the Aerogel market.

• In 2024, the Silica segment held the largest share of the Aerogel market revenue driven by its favorable chemical properties and diverse applications across industries. Silica aerogels are nanostructured materials known for their high porosity, low density, large surface area, and superior thermal insulation. Their low dielectric constant and lightweight structure make them highly sought-after in aerospace, construction, and industrial insulation applications
• The polymer aerogel segment is expected to experience the fastest growth in Aerogel market, with a projected CAGR of 21.5% during the forecast period. Better chemical and physical qualities than silica aerogels are what are driving this quick growth. Applications for polymer aerogels include antennas, electronic substrates, construction, defense, and automobile interiors. Polymer aerogels have a high mechanical strength when created in monolithic form, but they may lose some of silica's advantages, such transparency and low heat conductivity.
• The carbon aerogel segment is set to grow at a CAGR of 18.5%, primarily due to its increasing use in energy storage applications. Carbon aerogels possess high surface area, excellent electrical conductivity, and strong environmental compatibility. They are a promising material for cutting-edge battery and supercapacitor technologies because of their low chemical reactivity, which makes them perfect for application in catalysis, distillation, sorbents, and energy storage solutions.

Technology Insights

The Technology segment is divided into Supercritical drying and Other drying. In 2024, the Supercritical drying segment held largest share of 70.5% in the Aerogel market.

• In 2024, the Supercritical drying segment held largest share in the Aerogel market because it effectively preserves the three-dimensional pore structure of aerogels, resulting in key properties such as high porosity, low density, and a large surface area. Supercritical drying involves extracting solvents from aerogel pores using supercritical fluids, making it a widely used technique for drying wet gels. This method plays a crucial role in scaling up aerogel production from laboratory settings to pilot and industrial levels, helping to evaluate the economic feasibility of large-scale manufacturing. High-temperature supercritical drying, particularly when using organic solvents, minimizes shrinkage and ensures lower-density aerogels compared to carbon dioxide-based methods, further solidifying its importance in aerogel production.
• Other Drying Methods: This category includes alternative drying techniques, such as:
  • Ambient Pressure Drying (APD): A cost-effective method that modifies aerogel chemistry to prevent pore collapse during solvent evaporation. However, it can lead to increased material shrinkage
  • Freeze Drying: Involves freezing the gel and sublimating the solvent, but it may alter the aerogel’s structure and reduce performance compared to supercritical drying
  • Evaporative Drying: A simpler method but can cause significant shrinkage and loss of porosity, limiting its use for high-performance applications

Regional Trends

In 2024, the North America captured 43.5% of the revenue share inAerogel market.

North America Aerogel Market Trends

North America Aerogel market is driven by the growing demand from key industries such as aerospace, construction, automotive, and oil & gas. The region continues to show strong potential for product innovation and application development, driven by aerogels’ superior insulation and low thermal conductivity properties.

The U.S. Aerogel market is growing quickly because of advances in technology and material science. Because of their special qualities, including as their low density and great heat resistance, aerogels are perfect for use in the automotive, construction, and aerospace sectors. Because aerogel performs better thermally than traditional insulation materials, the growing focus on energy-efficient building materials and insulation systems is speeding up the adoption of aerogel.

Asia Pacific Aerogel Market Trends

Asia Pacific region is experiencing the fastest growth in Aerogel market. The Aerogel market expansion is primarily fueled by governments and industries emphasize sustainability. The rising demand for eco-friendly materials to lower carbon footprints is driving aerogel adoption across various applications.

In China, the automotive and aerospace industries are driving the Aerogel market. Because of their low density and excellent strength-to-weight ratio, aerogels are a desirable option for these industries, which place a premium on lightweight materials to improve performance and fuel efficiency. Companies like COMAC (Commercial Aircraft Corporation of China) are exploring aerogels for applications in thermal protection systems and lightweight structural components. Additionally, the automotive sector is integrating aerogels for sound insulation and energy efficiency, further boosting Aerogel market demand.

Europe Aerogel Market Trends

Europe Aerogel market is witnessing significant growth, largely propelled by stringent energy efficiency regulations and a strong focus on sustainability. European policies aimed at reducing greenhouse gas emissions are pushing industries to adopt advanced materials that enhance energy performance. The European Union’s Green Deal promotes energy-saving solutions in buildings, leading to a rise in aerogel insulation use in residential and commercial construction. In cities like Amsterdam, aerogels are being integrated into historic building renovations, improving energy efficiency while preserving architectural integrity. This trend underscores aerogels’ practical application in energy-conscious refurbishments and modern construction projects.

Aerogel Market Trends

• Growing Demand in Energy Storage & EV Batteries – The rising adoption of electric vehicles (EVs) is driving demand for aerogel-based thermal barriers, such as Cabot Corporation’s ENTERA series, to enhance battery safety and performance
• Expansion in Sustainable & Bio-Based Aerogels – Companies like Fibenol and Aerogel-it are developing bio-aerogels from renewable sources like lignin, aligning with the increasing focus on eco-friendly materials
• Advancements in Aerogel Composites – Manufacturers are integrating aerogels with polymers, metals, and fibers to improve durability, flexibility, and mechanical strength, expanding their application in aerospace, automotive, and construction
• Increasing Use in Industrial & Cryogenic Applications – The oil & gas sector continues to be a key market for aerogels, especially in pipeline insulation and LNG storage, while industrial cryogenic applications are benefiting from aerogel’s superior thermal insulation properties
• Miniaturization & Ultra-Thin Aerogel Innovations – With developments in supercritical drying and other processing technologies, companies are producing thinner, lightweight aerogels that enhance performance in compact applications like electronics and wearable devices
• Rising Investments & Production Capacity Expansions – Companies like JIOS Aerogel and Aspen Aerogels are establishing new manufacturing plants to meet the increasing global demand, particularly in Asia and North America
• Regulatory Push for Energy-Efficient Insulation Materials – Stringent energy efficiency regulations in building and industrial sectors are boosting aerogel adoption in construction and HVAC systems for superior thermal performance

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Competitive Landscape

The competitive landscape of the Aerogel market is characterized by the presence of key players focusing on innovation, strategic partnerships, and capacity expansion to strengthen their market position. Companies such as Aspen Aerogels, Cabot Corporation, Armacell International, and Svenska Aerogel are actively investing in R&D to enhance aerogel performance for applications in insulation, energy storage, and industrial sectors. New entrants like JIOS Aerogel and aerogel-it GmbH are expanding manufacturing capabilities to cater to the growing demand, particularly in electric vehicle (EV) batteries and sustainable construction. Strategic collaborations, such as the partnership between Fibenol and Aerogel-it for bio-aerogel development, highlight the increasing focus on sustainable solutions. Additionally, the market is witnessing advancements in aerogel-based composites and ultra-thin thermal barriers, with companies like Cabot Corporation launching innovative products like ENTERA for lithium-ion batteries. With growing applications in oil & gas, automotive, aerospace, and construction, the Aerogel market remains dynamic, driven by technological advancements and increasing global adoption.

The key players in the global Aerogel market include - Enersens, Zhejiang UGOO Technology Co., Ltd., Aerogel Technologies, LLC, Cabot Corporation, Nano Tech Co., Ltd., aerogel-it GmbH, Aspen Aerogels, Inc., Guangdong Alison Technology Co., Ltd., Armacell International S.A. among others.

Recent Market Developments

• In June 2023, Aspen Aerogels, Inc. established a state-of-the-art engineering and rapid prototyping center in Marlborough, Massachusetts
• In May 2023, Cabot Corporation launched its ENTERA product line (ENTERA EV5200, ENTERA EV5400, and ENTERA EV5800), featuring ultra-thin thermal barriers designed for lithium-ion batteries
• In November 2023, JIOS Aerogel (JIOS) inaugurated a cutting-edge manufacturing facility in Pioneer, Singapore, dedicated to producing aerogel-based technology aimed at improving the safety and efficiency of electric vehicle (EV) batteries
• In March 2023, Fibenol partnered with Aerogel-it to develop a bio-aerogel derived from lignin, which Fibenol extracts directly from biomass
• In February 2023, Svenska Aerogel entered into a collaboration agreement with a leading global company in the process industry to enhance the application of quartzene in their products. During the pilot phase, Svenska Aerogel committed to providing an annual supply of 30 tons of quartzene

Aerogel Market Segments Covered in the report:

Form

• Blanket
• Particle
• Panel
• Monolith

Type

• Silica
• Polymer
• Carbon
• Others
  • Metal oxide
  • Mixed metal oxide
  • Metal chalcogenides

Processing

• As manufactured (Virgin)
• Composites
• Additives

Technology

• Supercritical drying
• Other drying

Application

• Energy industrial
• Transportation
  • Aerospace
  • Automotive
  • Marine
  • Railway
• Architecture & Construction
• Other applications

Aerogel Market Regions and Countries:

North America

• U.S.
• Canada
• Mexico

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Nordic Countries
• Benelux Union
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• South-East Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Rest of Latin America

The Middle-East and Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of Middle-East Africa