+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Aerogels - Global Strategic Business Report

  • PDF Icon

    Report

  • 518 Pages
  • February 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1206728
The global market for Aerogels was valued at US$1.1 Billion in 2024 and is projected to reach US$2.0 Billion by 2030, growing at a CAGR of 10.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Aerogels Market - Key Trends & Drivers Summarized

Aerogels are highly porous, lightweight materials known for their extraordinary thermal insulation properties and low density. Often referred to as 'frozen smoke' or 'solid air,' aerogels are composed of up to 99.8% air by volume, which gives them their unique characteristics. These materials are typically derived from a gel in which the liquid component has been replaced with gas without collapsing the gel structure. This process creates a solid network of interconnected nanostructures, resulting in materials with extremely low thermal conductivity. Aerogels can be made from various substances, including silica, carbon, and metal oxides, each offering distinct properties suited for different applications. Their exceptional insulating capabilities make them invaluable in industries ranging from construction and aerospace to oil and gas, where they help reduce energy consumption and improve efficiency.

The growth in the aerogels market is driven by several factors. One of the primary drivers is the increasing demand for energy-efficient insulation materials in the construction industry, as aerogels offer superior thermal performance compared to traditional insulation materials. The aerospace sector also significantly contributes to market growth, leveraging the lightweight and insulating properties of aerogels to improve fuel efficiency and thermal management in aircraft. The oil and gas industry’s need for high-performance insulation materials that can operate under extreme conditions has further boosted the demand for aerogels. Technological advancements have made aerogels more cost-effective and easier to produce, increasing their adoption across various industries. Environmental regulations and the push for sustainable materials have also played a crucial role, as aerogels provide an eco-friendly solution to insulation and energy storage challenges. These factors collectively underscore the expanding scope and dynamic growth of the aerogels market, reflecting their pivotal role in advancing material science and industrial applications.

Technological advancements have significantly expanded the applications and performance of aerogels. For instance, innovations in fabrication techniques have enabled the production of more flexible and durable aerogel composites, overcoming some of the brittleness associated with traditional aerogels. These composites maintain the core properties of aerogels while being more robust and easier to handle. Additionally, the development of carbon aerogels has opened up new possibilities in energy storage and environmental applications. Carbon aerogels are excellent conductors of electricity and have high surface areas, making them ideal for use in supercapacitors and as adsorbents for pollutant removal. Moreover, advancements in polymer-enhanced aerogels have led to materials that can withstand more extreme temperatures and mechanical stresses, further broadening their application potential in sectors such as automotive and industrial manufacturing.

Scope of the Study

The report analyzes the Aerogels market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

Type (Silica, Polymers, Carbon, Other Types); Technology (Supercritical Drying, Other Technologies); End-Use (Oil & Gas; Automotive, Aerospace & Marine; Building & Construction; Performance Coatings; Other End-Uses).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Silica Aerogels segment, which is expected to reach US$1.2 Billion by 2030 with a CAGR of a 8.7%. The Polymer Aerogels segment is also set to grow at 13.8% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at $430.6 Million in 2024, and China, forecasted to grow at an impressive 12.2% CAGR to reach $198.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Active Aerogels, Armacell, Aspen Aerogels Inc., BASF SE, Cabot Corporation and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Aerogels Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aerogels Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Aerogels Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Some of the 43 major companies featured in this Aerogels market report include:

  • Active Aerogels
  • Armacell
  • Aspen Aerogels Inc.
  • BASF SE
  • Cabot Corporation
  • CF Technologies, Inc.
  • Dow, Inc.
  • Enersens
  • Guangdong Alison Hi-Tech Co. Ltd
  • JIOS Aerogel Corporation
  • Svenska Aerogel AB
  • TAASI Corporation
  • Thermablok Aerogels Ltd
  • ZheJiang Surnano Aerogel Co. Ltd

Table of Contents

I. METHODOLOGYMII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Outlook
  • Competitive Scenario
  • Aerogels - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Aerogels Market Soaking up Limelight with Dynamic Performance: An Outlook
  • Analysis by Type: Silica Aerogel Market Worth its Weight in Gold
  • World Aerogels Market by Type (2023 & 2030): Percentage Breakdown of Sales for Silica, Polymers, Carbon, and Other Types
  • Supercritical Drying & Virgin Aerogels: Key Technology & Process Categories
  • World Aerogels Market by Technology (2023 & 2030): Percentage Breakdown of Sales for Supercritical Drying, and Other Technologies
  • Analysis by End-Use
  • World Aerogels Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Oil & Gas, Building & Construction, Transportation, Performance Coatings, and Other End-Uses
  • Regional Analysis
  • World Aerogels Market by Region (2023 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Aerogels Market - Geographic Regions Ranked by CAGR (Sales) for 2022-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
  • An Introduction to Aerogels
  • Properties of Aerogels
  • Composition
  • Review on Key Applications of Aerogels
  • Nano Aerogels: Development and Characteristics
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Aerogel Insulation: Solving a Range of Insulation Challenges
  • Intriguing Lightweight, Thinner Alternative: Host of Salient Drivers Spearheading Growth
  • Market Witnesses High Demand for Silica Aerogels
  • R&D and Advancements for New Products & Processes to Drive Market Adoption
  • Emergence of Advanced Wood Based Aerogels
  • Innovative Aerogels for Automotive and Aerospace Industries
  • Innovative Aerogel for Pharmaceutical and Medical Use
  • Silica Aerogels for Insulation and Energy Storage
  • New Aerogel Materials Display Superelasticity and Functionality at High Temperatures
  • Advancements in the Field of Aerogel Production
  • Graphene Meta-Aerogels with Superelasticity
  • Healthy Trajectory in Oil & Gas Sector Favors Growth
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2023
  • Rising Use of Oil & Gas Products & Increase in E&P Activities to Drive Market Gains
  • Global Liquid Fuels Production (In Million Barrels Per Day): 2018-2024
  • Global Natural Gas Production (In Billion Cubic Meter (BCM)) for Years 2018 Through 2022
  • Transition from Coal to Gas Power Generation: Opportunity for Growth
  • Global Energy Production by Source: Breakdown of Electricity (Billion Kilowatt Hours) by Source for 2030 & 2040
  • Robust Demand from Building & Construction Industry
  • Construction Industry Dynamics Impacts Aerogels Industry Fortunes
  • Rising Investments in Infrastructure Projects Strengthens Market Prospects
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Urbanization in Developing Countries to Drive Growth
  • World Urban Population in Million: 1950-2050P
  • Recovery in Construction Sector to Boost Demand for Aerogels
  • Global Construction Spending (in US$ Trillion) for the Years 2020-2028
  • Automotive Industry: Another Major Market for Aerogels
  • Global Automotive Lightweight Materials Market (In US$ Billion) for the Years 2022, 2024 & 2026
  • Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030
  • Evolving Car Electronics to Drive Long Term Gains
  • Popularity of Electric Vehicles to Power Growth
  • Electric Mobility & Energy Storage Applications New Growth Avenues
  • World Electric Commercial Vehicles Market Analysis of Annual Sales in Units for Years 2020 through 2027
  • Aerogels Prospects in Aerospace Sector
  • Number of Scheduled Passengers Boarded by Airlines Worldwide industry (In Million) for Years 2018 Through 2023
  • Growth Patterns in Commercial Aviation Sector to Guide Growth Opportunities
  • Global Commercial Airline Revenues (in US$ Billion) for the Years 2010. 2015, 2020, and 2025
  • Rise in Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the Market
  • Global Aircraft Deliveries by Region: 2021-2040
  • Aging Aircraft Fleet, an Opportunity for Fleet Upgrades and Replacement Parts & Components
  • Average Age (in Years) of Globally Operating Aircraft Fleet for 2020 & 2030
  • Issues Challenging the Aerogel Industry
  • High Product Cost Remains a Challenge
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Aerogels Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Aerogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Aerogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 4: World 15-Year Perspective for Aerogels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Silica by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Silica by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 7: World 15-Year Perspective for Silica by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 10: World 15-Year Perspective for Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Carbon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Carbon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 13: World 15-Year Perspective for Carbon by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 16: World 15-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Supercritical Drying by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Supercritical Drying by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 19: World 15-Year Perspective for Supercritical Drying by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 22: World 15-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 25: World 15-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 28: World 15-Year Perspective for Building & Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 31: World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Performance Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Performance Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 34: World 15-Year Perspective for Performance Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2023 and % CAGR
  • TABLE 37: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
CANADAJAPAN
CHINA
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
EUROPE
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Aerogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Active Aerogels
  • Armacell
  • Aspen Aerogels Inc.
  • BASF SE
  • Cabot Corporation
  • CF Technologies, Inc.
  • Dow, Inc.
  • Enersens
  • Guangdong Alison Hi-Tech Co. Ltd
  • JIOS Aerogel Corporation
  • Svenska Aerogel AB
  • TAASI Corporation
  • Thermablok Aerogels Ltd
  • ZheJiang Surnano Aerogel Co. Ltd

Table Information