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Aerogel Market Size, Share, Trends, Industry Analysis Report: By Technology, By Product (Silica, Polymer, Carbon, and Others), By Form, By End Use, and By Region – Market Forecast, 2025–2034

Published May 01, 2025
Length 180 Pages
SKU # PLRS20198889

Description

The global aerogel market size is expected to reach USD 4,886.36 million by 2034, according to a new study by Polaris Market Research. The report “Aerogel Market Size, Share, Trends, Industry Analysis Report: By Technology, By Product (Silica, Polymer, Carbon, and Others), By Form, By End Use, and By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global aerogel market is experiencing growth as industries are increasingly demanding high-performance materials that offer superior insulation and environmental efficiency. Silica-based aerogels are capturing significant attention across oil & gas applications, especially in deep-sea pipeline insulation. Their low thermal conductivity and water-repelling characteristics make them suitable for exploration activities in challenging and high-risk environments. Companies like Armacell are strategically expanding production capacities and introducing advanced aerogel solutions tailored to subsea requirements, reinforcing their position in the energy sector. These developments align with industry goals to minimize operational risks and optimize thermal efficiency, especially as global energy demand continues to surge.

In the construction sector, aerogels are gaining traction as next-generation insulation materials capable of addressing modern energy efficiency challenges. Their ability to deliver superior thermal insulation while remaining lightweight and flexible makes them particularly suitable for building retrofits and energy-efficient designs. As urban infrastructure ages and sustainability targets intensify, governments are incentivizing the use of high-performance materials. For example, initiatives such as the European Union’s Renovation Wave are designed to accelerate the adoption of advanced insulation solutions. This policy-driven demand is pushing construction firms and material suppliers to integrate aerogels into energy-saving frameworks, thereby strengthening their position in the green building ecosystem.

Meanwhile, the automotive and aerospace sectors are rapidly promoting aerogels for their role in improving thermal management and reducing overall weight. These attributes are critical in electric vehicles (EVs) and aircraft, where performance and efficiency are important. Aerogels are being integrated into EV battery packs to mitigate thermal runaway and enhance passenger safety, while aerospace manufacturers use them for thermal insulation in extreme flight conditions. As clean mobility and advanced aviation technologies continue to evolve, aerogel adoption is expected to expand, unlocking new growth avenues in these innovation-driven industries.

Aerogel Market Report Highlights

In terms of technology, the supercritical drying segment held the largest market share in 2024 due to its ability to produce aerogels with high porosity, superior thermal insulation, and structural integrity suitable for demanding applications.

Based on end use, the automotive segment is expected to witness the highest growth rate due to the increasing adoption of aerogels in EV battery thermal management systems, driven by the shift toward lightweight, energy-efficient materials.

North America accounted for the largest share of the global market in 2024 due to robust demand across aerospace, automotive, and oil & gas industries, along with strong R&D investments and the presence of key manufacturers.

Asia Pacific is expected to witness the fastest growth during the forecast period due to rising industrialization, infrastructure development, and growing adoption of energy-efficient insulation materials across sectors like construction, automotive, and oil & gas.

A few of the global key market players are Active Aerogels, LDA; Aerogel Technologies, LLC; Armacell International S.A.; Aspen Aerogels, Inc.; Cabot Corporation; Dow Inc.; ENERSENS; Guangdong Alison Hi-Tech Co., Ltd; Nano Technology Co., Ltd.; Svenska Aerogel AB; TAASI Corporation; and Thermablok Aerogels Ltd.

Polaris Market Research has segmented the aerogel market report on the basis of technology, product, form, end use, and region:

By Technology Outlook (Revenue, USD Million, 2020–2034)

Supercritical Drying

Array Technology

Others

By Product Outlook (Revenue, USD Million, 2020–2034)

Silica

Polymer

Carbon

Others

By Form Outlook (Revenue, USD Million, 2020–2034)

Blanket

Particle

Panel

Monolith

By End Use Outlook (Revenue, USD Million, 2020–2034)

Oil & Gas

Building & Construction

Automotive

Aerospace

Industrial Coating

Others

By Regional Outlook (Revenue, USD Million, 2020–2034)

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

Table of Contents

180 Pages
Chapter 1. Overview and Scope
1.1 Research goal & scope
1.2 Market Scope
Chapter 2. Research Methodology Overview
2.1 Research Methodology
2.2 Research Scope and Assumptions
2.3 Information Procurement
2.3.1 Purchased Database
2.3.2 Internal Database
2.3.3 Secondary Sources
2.3.4 Third Party Perspective
2.3.5 Primary Research
2.4 Information Analysis
2.4.1 Data Analysis Models
2.5 Market Formulation and Data Visualization
2.6 Data Validation and Publishing (Secondary Sources)
Chapter 3. Executive Summary
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Market By Technology
3.2.2 Market By Product
3.2.3 Market By Form
3.2.4 Market By End-use
3.2.5 Geographic Overview
Chapter 4. Aerogel Market Insights
4.1 Aerogel – Market Size and Growth Prospects
4.2 Aerogel Market Dynamics
4.2.1 Aerogel Market Driver and Opportunity Analysis
4.2.1.1 Rising demand for energy-efficient insulation materials in construction and oil & gas industries
4.2.1.2 Growing adoption of aerogels in electric vehicle battery thermal management systems
4.2.2 Aerogel Market Restraint/Challenges Analysis
4.2.2.1 High production cost compared to conventional insulation materials
4.3 Aerogel Market- Porter’s Five Forces Analysis
4.4 Aerogel Market- PESTLE Analysis
4.5 Aerogel Market- Key Industrial Trends
Chapter 5. Aerogel Market Assessment By Technology
5.1 Introduction
5.2 Supercritical Drying
5.3 Flash Drying
5.4 Others
Chapter 6. Aerogel Market Assessment By Product
6.1 Introduction
6.2 Silica
6.3 Polymer
6.4 Carbon
6.5. Others
Chapter 7. Aerogel Market Assessment By Form
7.1 Introduction
7.2 Blanket
7.3 Particle
7.4 Panel
7.5 Monolith
Chapter 8. Aerogel Market Assessment By End-use
8.1 Introduction
8.2 Oil & Gas
8.3 Building & Construction
8.4 Automotive, Aerospace & Marine
8.5. Industrial Coating
8.6. Others
Chapter 9. Aerogel Market Assessment by Geography
9.1 Introduction
9.2 NORTH AMERICA
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 EUROPE
9.3.1 Germany
9.3.2 France
9.3.3 Italy
9.3.4 U.K
9.3.5 Spain
9.3.6 Netherlands
9.3.7 Russia
9.3.8 Rest of Europe
9.4 ASIA-PACIFIC
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Indonesia
9.4.5 South Korea
9.4.6 Malaysia
9.4.7 Rest of APAC
9.5 LATIN AMERICA
9.5.1 Brazil
9.5.2 Argentina
9.5.3 RoLATAM
9.6 MIDDLE EAST AND AFRICA
9.6.1 Saudi Arabia
9.6.2 South Africa
9.6.3 UAE
9.6.4 Israel
9.6.5 Rest of Middle East & Africa
Chapter 10. Competitive Landscape
10.1 Product Development and Launches are the Best Adopted Strategy by the Companies
10.2 Product Launch
10.3 Acquisition/Agreement
10.4 Partnership & Collaboration
Chapter 11. Company Profiles
11.1 Active Aerogels, LDA
11.1.1 Business Overview
11.1.2 Financial Snapshot
11.1.3 Product Benchmarking
11.1.4 Recent Developments
11.2 Aerogel Technologies, LLC
11.2.1 Business Overview
11.2.2 Financial Snapshot
11.2.3 Product Benchmarking
11.2.4 Recent Developments
11.3 Armacell International S.A.
11.3.1 Business Overview
11.3.2 Financial Snapshot
11.3.3 Product Benchmarking
11.3.4 Recent Developments
11.4 Aspen Aerogels, Inc.
11.4.1 Business Overview
11.4.2 Financial Snapshot
11.4.3 Product Benchmarking
11.4.4 Recent Developments
11.5 Cabot Corporation
11.6.1 Business Overview
11.6.2 Financial Snapshot
11.6.3 Product Benchmarking
11.6.4 Recent Developments
11.6 Dow Inc.
11.7.1 Business Overview
11.7.2 Financial Snapshot
11.7.3 Product Benchmarking
11.7.4 Recent Developments
11.7 ENERSENS
11.8.1 Business Overview
11.8.2 Financial Snapshot
11.8.3 Product Benchmarking
11.8.4 Recent Developments
11.8 Guangdong Alison Hi-Tech Co., Ltd
11.9.1 Business Overview
11.9.2 Financial Snapshot
11.9.3 Product Benchmarking
11.9.4 Recent Developments
11.9 Nano Technology Co., Ltd.
11.11.1 Business Overview
11.11.2 Financial Snapshot
11.11.3 Product Benchmarking
11.11.4 Recent Developments
11.10 Svenska Aerogel AB
11.12.1 Business Overview
11.12.2 Financial Snapshot
11.12.3 Product Benchmarking
11.12.4 Recent Developments
11.11 TAASI Corporation
11.13.1 Business Overview
11.13.2 Financial Snapshot
11.13.3 Product Benchmarking
11.13.4 Recent Developments
11.12 Thermablok Aerogels Ltd.
11.14.1 Business Overview
11.14.2 Financial Snapshot
11.14.3 Product Benchmarking
11.14.4 Recent Developments
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