Global Aerogel Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Global Aerogel Market Outlook

The global aerogel market attained the value of USD 944.35 million in 2024. The market is projected to grow at a CAGR of 10% between 2025 and 2034.

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North America is Expected to be the Largest Market for Aerogel During the Forecast Period

In terms of aerogel materials development and use, North America is the largest region. Globally, in terms of product growth, pricing, and application creation, it is the leading aerogel industry. The oil & gas application is primarily driven by the North American aerogel industry, where the need for advanced solutions is exceptionally strong because of its reduced thickness, superior insulating properties, and low thermal conductivity. The aerogel industry is expected to be powered by the rising use of aerogel materials in automotive, marine, and aerospace applications in North America. In the North American market, aerogel blankets form the main category. In end-use applications like building and construction, clothing, and automotive insulation, blankets are used. Water repellence, which contributes to its demand in these end-use markets, is a favourable property of this commodity. For daylighting and cavity-filling applications, aerogel insulation panels are used in residential and industrial buildings

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Aerogel: Market Segmentation

Aerogel is a solid mesoporous foam obtained by substituting gas from the liquid portion of the gel and is composed of an integrated nanostructure network with a minimum porosity of 50%. Although solid, it is highly brittle, lightweight, and has poor thermal conductivity, making it an excellent material for insulation.

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By type, the market is divided into:

• Silica
• Polymer
• Carbon
• Others

On the basis of form, the market is bifurcated into:

• Blankets
• Panel
• Particle
• Block
• Others

Based on application, the market is segmented into:

• Building Insulation
• Acoustic Insulation
• Day-Lighting
• Fire Protection
• Automotive Thermal Management
• Industrial and Cryogenics
• Others

By end use, the market is divided into:

• Oil and Gas
• Building and Construction
• Automotive, Aerospace and Marine
• Performance Coatings
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Demand for Aerogel as an Ideal Substitute for Conventional Insulation Materials to Propel the Market Growth

There are certain risks of conventional insulation fabrics, such as polyurethane foam, mineral fur, rock wool, and stone wool. For old homes, the installation of high insulation levels is much difficult, as additional layers contribute to improvements in the aesthetic appearance of a home. Therefore, aerogels are expected to be an ideal substitute for conventional insulation materials to meet energy requirements set by different regulatory bodies and to prevent structural compromises in new constructions. Aerogel's high manufacturing costs are one of the main restrictions impacting the development of the aerogel industry. It needs substantial R&D to produce aerogel materials, which makes the whole process expensive. Synthetic processes used to create aerogel structures are not as flexible. As the processing mechanisms are extremely specialised, Aerogel manufacturing requires a sophisticated facility. Supercritical drying is the costliest step in the aerogel manufacturing process.

Key Industry Players in the Global Aerogel Market

The report gives a detailed analysis of the following key players in the global aerogel market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Aerogel Technologies, LLC
• Aspen Aerogels, Inc.
• Svenska Aerogel Holding AB
• Cabot Corporation
• Green Earth Aerogel Technologies
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

Aerogel Market Report Snapshots

Aerogel Market Size

Aerogel Market Growth

Aerogel Companies