
Aerogel Market
Description
The Global Aerogel Market is estimated to be valued at USD 1.33 Bn in 2025 and is expected to reach USD 3.71 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 15.8% from 2025 to 2032. The global aerogel market represents one of the most promising segments within the advanced materials industry, driven by the exceptional properties of aerogels as ultra-lightweight, highly porous materials with remarkable thermal insulation capabilities. Often referred to as frozen smoke due to their translucent appearance and extremely low density, aerogels are composed of up to 99.8% air by volume while maintaining solid structural integrity.
Market Dynamics
The global aerogel market is primarily driven by escalating demand for superior thermal insulation materials across the construction and industrial sectors, where energy efficiency regulations and sustainability mandates are becoming increasingly stringent. The construction industry's shift toward green building practices and zero-energy buildings has significantly boosted aerogel adoption for wall insulation, roofing systems, and HVAC applications due to their exceptional thermal performance and space-saving characteristics.
Additionally, the oil and gas sector's requirement for high-performance insulation in pipelines, subsea applications, and LNG facilities continues to drive substantial market growth, particularly as operations expand into extreme environments where conventional insulation materials prove inadequate.
Key Features of the Study
Market Dynamics
The global aerogel market is primarily driven by escalating demand for superior thermal insulation materials across the construction and industrial sectors, where energy efficiency regulations and sustainability mandates are becoming increasingly stringent. The construction industry's shift toward green building practices and zero-energy buildings has significantly boosted aerogel adoption for wall insulation, roofing systems, and HVAC applications due to their exceptional thermal performance and space-saving characteristics.
Additionally, the oil and gas sector's requirement for high-performance insulation in pipelines, subsea applications, and LNG facilities continues to drive substantial market growth, particularly as operations expand into extreme environments where conventional insulation materials prove inadequate.
Key Features of the Study
- This report provides in-depth analysis of the global aerogel market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global aerogel market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Aspen Aerogels, Inc., Cabot Corporation, BASF SE, Dow Inc., Aerogel Technologies, LLC, Greene Tweed, BASF SE, Nanoledge, Armacell International S.A., Insulon, LLC, Jios Aerogel, Thomas Swan & Co. Ltd., Gelsystems, LLC, AeroAggregates, and SABIC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global aerogel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aerogel market
- Product Insights (Revenue, USD Bn, 2020 - 2032)
- Silica
- Polymers
- Carbon
- Others
- Technology Insights (Revenue, USD Bn, 2020 - 2032)
- Supercritical Drying
- Others
- Form Insights (Revenue, USD Bn, 2020 - 2032)
- Blanket
- Particle
- Panel
- Monolith
- End-use Industry Insights (Revenue, USD Bn, 2020 - 2032)
- Oil & Gas
- Building & Construction
- Automotive, Aerospace & Marine
- Performance Coatings
- Others
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Aspen Aerogels, Inc.
- Cabot Corporation
- BASF SE
- Dow Inc.
- Aerogel Technologies, LLC
- Greene Tweed
- BASF SE
- Nanoledge
- Armacell International S.A.
- Insulon, LLC
- Jios Aerogel
- Thomas Swan & Co. Ltd.
- Gelsystems, LLC
- AeroAggregates
- SABIC
Table of Contents
140 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Aerogel Market, By Product
- Global Aerogel Market, By Technology
- Global Aerogel Market, By Form
- Global Aerogel Market, By End-use Industry
- Global Aerogel Market, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- 4. Global Aerogel Market, By Product, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Silica
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Polymers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Carbon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 5. Global Aerogel Market, By Technology, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Supercritical Drying
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 6. Global Aerogel Market, By Form, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Blanket
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Particle
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Panel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Monolith
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 7. Global Aerogel Market, By End-use Industry, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Oil & Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Building & Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Automotive, Aerospace & Marine
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Performance Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 8. Global Aerogel Market, By Region, 2020 - 2032, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Technology, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Technology, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Technology, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Technology, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Technology, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Technology, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End-use Industry, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
- 9. Competitive Landscape
- Aspen Aerogels, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cabot Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Dow Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Aerogel Technologies, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Greene Tweed
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nanoledge
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Armacell International S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Insulon, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Jios Aerogel
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Thomas Swan & Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Gelsystems, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AeroAggregates
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- SABIC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 11. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on 'Aerogel Market' - Global forecast to 2032
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