Aerogel Blanket Market

• Silica aerogel blankets are projected to dominate the market, capturing more than 66% of the share in 2024. Their exceptional thermal insulation properties and low density make them ideal for applications in oil and gas, construction, and aerospace sectors.

• North America led the aerogel blanket market with a 38.5% revenue share in 2024. This dominance is attributed to advanced industrial infrastructure, high adoption of innovative materials, and the presence of key market players in the region.

• Asia-Pacific is expected to witness the fastest growth in the aerogel blanket market during the forecast period. Factors contributing to this growth include rapid industrialization, increasing energy sector investments, and growing construction activities in countries such as China and India.

• Oil and gas applications accounted for the largest share of the aerogel blanket market in 2024. The demand for durable, lightweight, and thermally efficient insulation solutions in this sector drives the adoption of aerogel blankets for pipeline insulation and other applications.

• Building and construction is anticipated to be a significant end-user segment, driven by the need for energy-efficient insulation materials. The adoption of aerogel blankets in this sector is supported by stringent energy efficiency regulations and a focus on sustainable building practices.

• Transportation applications, including automotive and aerospace, are increasingly adopting aerogel blankets to reduce weight and improve thermal management. The lightweight and insulating properties of aerogel blankets contribute to enhanced fuel efficiency and performance in these industries.

• Technological advancements in aerogel production are leading to cost reductions and improved material properties. Innovations in manufacturing processes are making aerogel blankets more accessible for a wider range of applications and industries.

In this report, the Aerogel Blanket Market has been segmented by Type, Application, Material, End-User Industry and Geography.

Aerogel Blanket Market, Segmentation by Type

The Type segmentation captures how suppliers position form factors to align with diverse installation and performance needs across assets and environments. Vendors differentiate on thermal conductivity, thickness, handling ease, and integration with wraps, claddings, and jacketing systems. Buyers evaluate total cost of ownership through labor savings, line downtime reduction, and durability under vibration, moisture, and cyclic temperatures, making this axis central to procurement and specification strategies.

Aerogel Blankets

Standard blanket products anchor the market with broad utility in piping, vessels, and OEM modules. Their popularity stems from a favorable balance of R-value per thickness, cutability on site, and compatibility with metal jacketing and composites. As end users pursue energy efficiency and emissions reduction, blanket SKUs remain the default baseline in bid packages, often setting reference specs that competing forms must exceed.

Aerogel Quilts

Quilted constructions add mechanical integrity and controlled loft, improving dimensional stability during installation and service. They are favored where fit-and-forget performance matters, such as elevated pipe racks and congested skids. The stitch and facing choices support better abrasion resistance and re-wrappability, lowering lifecycle costs for facilities with frequent inspections.

Aerogel Rolls

Rolls emphasize continuous length for high productivity on long runs of pipe and ducting. Converters and installers value roll formats for reduced seams, faster lineal coverage, and less waste, which directly improves installed cost per meter. As projects scale, contractors standardize roll widths and cores to synchronize logistics and on-site material flow.

Aerogel Panels

Panels serve applications requiring flatness, edge stability, and modular fit—such as equipment boxes, enclosures, and architectural assemblies. Their rigidity simplifies fastener placement and tolerance control, enabling clean interfaces with frames and skins. In retrofit projects, panels enable predictable thermal performance in tight spaces where blanket compression could be a challenge.

Aerogel Mats

Mats target scenarios needing conformability and ergonomic handling—complex bends, valves, and shaped surfaces—while preserving aerogel’s low thermal conductivity. They provide installer-friendly drape and multi-layering flexibility, supporting hybrid stack-ups that meet fire, cryogenic, or acoustic goals without redesigning hardware.

Aerogel Blanket Market, Segmentation by Application

Application dynamics reflect the breadth of performance envelopes where aerogel excels—high ΔT, space constraints, corrosion under insulation (CUI) mitigation, and fire protection. Buyers prioritize compliance with industry standards, installed thickness minimization, and maintenance access. As sustainability targets tighten, specifications increasingly reward energy savings and lifecycle carbon reduction, expanding aerogel’s role in both greenfield and retrofit work.

Industrial Insulation

Industrial assets—refineries, terminals, chemical plants, and power facilities—adopt aerogel to achieve high R-value in minimal space and to decrease heat loss. Resistance to moisture ingress and reduced risk of CUI are key decision drivers. The format’s durability under vibration and thermal cycling strengthens its value proposition in long-run service.

Passive Fire Protection

In fire-rated assemblies, aerogel contributes to time-to-failure extension and temperature rise limits with lighter, thinner build-ups. System integrators appreciate its synergy with intumescent and mineral layers to meet certification thresholds. The result is improved weight and space savings in process areas and transportation compartments that must meet stringent codes.

Cryogenic Storage

For LNG and industrial gases, aerogel’s ultra-low k-value and frost control reduce boil-off and icing risks. Its flexible formats simplify cold box builds and complex penetrations, while low outgassing supports purity requirements. Asset owners value the combination of thermal stability and serviceability during turnarounds.

Oil & Gas Industry

Upstream, midstream, and downstream operators deploy aerogel to manage heat tracing, flow assurance, and personnel protection at elevated and sub-ambient temperatures. Reduced cladding thickness eases access in congested racks, and improved CUI resistance supports integrity programs. The technology aligns with decarbonization roadmaps through measurable energy savings.

Automakers integrate aerogel for thermal and acoustic management in battery packs, cabins, and exhaust aftertreatment. Light weighting and space optimization complement EV thermal needs, where precise temperature control impacts range and safety. Tier suppliers leverage roll-to-roll formats to scale cost-effective lamination and converting.

Aerogel Blanket Market, Segmentation by Material

Material chemistry determines thermal performance, hydrophobicity, mechanical strength, and compatibility with adjacent materials. Selection often balances cost with environment-specific requirements such as chemical resistance, EMI neutrality, and flammability thresholds. Suppliers differentiate via nano-structure control, binders, and surface treatments that tune durability and long-term stability.

Silica-Based Aerogel

Silica aerogels dominate due to consistently low thermal conductivity, straightforward hydrophobic treatment, and broad availability. Their performance-to-cost ratio favors adoption in mainstream industrial insulation and building-related use cases. Ongoing improvements target dusting reduction and enhanced mechanical toughness without sacrificing k-values.

Carbon-Based Aerogel

Carbon aerogels offer unique thermal and electrical characteristics, making them attractive for high-temperature and specialty environments. Though typically premium-priced, their structural stability and potential for lightweight shielding or heat spreading support niche, performance-driven deployments. Development efforts focus on scalable processing and binder optimization.

Polymer-Based Aerogel

Polymer chemistries enable toughness, flexibility, and simplified machining for OEM parts. They allow form factors that withstand handling and repeated service without dust generation. Adoption is rising in transportation where vibration and impact resistance are critical alongside thermal performance.

Composite Aerogel

Composites integrate aerogel with fibers, films, and scrims to tune strength, dimensional stability, and moisture management. They support hybrid stacks that meet multifunctional targets—thermal, acoustic, and fire—in a single build-up. Converters exploit composite designs to deliver application-specific KPIs while controlling cost.

Aerogel Blanket Market, Segmentation by End-User Industry

End-user focus reveals where budget priorities and compliance regimes intersect with aerogel’s value. Verticals evaluate downtime costs, crew safety, and energy intensity, steering specifications toward solutions that shorten installs and extend service life. Growth tracks broader capex cycles, industrial modernization, and retrofit mandates tied to sustainability goals.

Power Generation

Thermal efficiency, outage minimization, and personnel protection drive adoption in fossil, nuclear, and renewable balance-of-plant. Aerogel’s thin build enables clearance-critical retrofits around turbines, HRSGs, and high-energy piping. Superior moisture resistance supports reliability in humid or washdown-prone areas.

Petrochemicals

Crackers, reformers, and process trains benefit from heat loss reduction and enhanced CUI mitigation. Aerogel simplifies inspection and re-entry, reducing lifecycle labor. Its compatibility with fire protection stacks and cryo service widens utilization across diverse units within complex sites.

Pharmaceuticals

Facilities prioritize temperature stability, cleanability, and regulatory compliance. Thin, high-performance insulation supports tight envelopes around process equipment and cleanroom utilities while easing validation and maintenance. Reduced particulate and low VOC profiles are additional decision levers.

Transportation

Across rail, marine, aerospace, and road vehicles, aerogel supports lightweighting, noise control, and fire performance. OEMs exploit flexible formats for pack-level thermal management and cabin comfort, while tier suppliers integrate laminates for assembly efficiency. Aerogel contributes to meeting range and emissions objectives.

Construction

In building envelopes and MEP systems, thin aerogel layers deliver high R-value where space is limited—historic retrofits, facades, and thermal bridges. Improved moisture management reduces condensation risks, and compatibility with fire-rated assemblies aids code compliance. Installers appreciate ease of cutting and on-site adaptability.

Aerogel Blanket Market, Segmentation by Geography

In this report, the Aerogel Blanket Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

North America

Adoption is supported by stringent energy efficiency targets, robust industrial maintenance budgets, and active midstream/LNG projects. Vendors benefit from mature distribution and retrofit demand across chemicals, terminals, and transportation. Emphasis on CUI mitigation and proven fire performance sustains premium specifications.

Europe

Europe’s regulatory environment privileges low-carbon retrofits and envelope thermal upgrades, creating opportunities in construction and process industries. OEM partnerships drive lightweighting in transportation, while refurbishments in district energy and pharmaceuticals value thin, high-performance layers. Supply chains focus on circularity and verified environmental product declarations.

Asia Pacific

Rapid industrialization, LNG import infrastructure, and expansive transportation manufacturing underpin strong growth potential. Space-constrained facilities favor thin insulation solutions that accelerate installs and minimize downtime. Local converting capacity and cost optimization are key to unlocking broader penetration across diversified applications.

Middle East & Africa

Hydrocarbon processing hubs and emerging gas-to-power projects seek high-temperature performance and durability in harsh environments. Resistance to moisture and sand-laden conditions, alongside fire safety requirements, elevates aerogel’s value. Strategic alliances with EPCs and maintenance contractors enhance reach and service support.

Latin America

Regional opportunities arise from refining upgrades, petrochemical expansions, and targeted building retrofits. Buyers prioritize solutions that reduce installed thickness and simplify inspection, enabling lifecycle savings. Partnerships with local converters and distributors help navigate project cycles and public-sector procurement dynamics.

This report provides an in depth analysis of various factors that impact the dynamics of Global Aerogel Blanket Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers

• Superior insulation performance
• Growing demand in oil & gas
• Energy-efficient building materials trend
• Lightweight and flexible properties

• Environmental regulations compliance: The global aerogel blanket market is increasingly influenced by stringent environmental regulations aimed at reducing carbon emissions and promoting sustainable practices. Governments and regulatory bodies worldwide are implementing policies that necessitate the use of energy-efficient materials in various industries, including construction, oil and gas, and automotive. Aerogel blankets, known for their superior thermal insulation properties, are being adopted as they help in reducing energy consumption and greenhouse gas emissions. Compliance with environmental regulations, such as the European Union's Energy Performance of Buildings Directive (EPBD) and the U.S. Green Building Council's LEED certification, drives the demand for aerogel blankets, encouraging manufacturers to innovate and develop eco-friendly products.

  The production processes of aerogel blankets are subject to environmental scrutiny to minimize their ecological footprint. Companies in the market are investing in sustainable manufacturing techniques and sourcing raw materials responsibly to meet regulatory standards. Environmental regulations also promote the recycling and reuse of aerogel materials, reducing waste and conserving resources. As a result, the global aerogel blanket market is not only driven by the need for superior insulation solutions but also by the imperative to adhere to environmental compliance, ensuring sustainable growth and contributing to global efforts in combating climate change.

Restraints

• High production costs
• Limited raw material availability
• Complex manufacturing processes
• Competition from traditional materials

• Limited consumer awareness: The Global Aerogel Blanket Market faces significant challenges due to limited consumer awareness. Despite the advanced properties and potential applications of aerogel blankets in insulation, energy conservation, and environmental sustainability, the general public remains largely uninformed about these benefits. This lack of awareness hampers market growth, as potential consumers are less likely to seek out or adopt aerogel blankets for residential or commercial use. Marketing efforts and educational initiatives are crucial to bridge this knowledge gap, highlighting the advantages of aerogel technology over traditional insulation materials. Increased awareness can drive demand, encouraging manufacturers to scale production and reduce costs through economies of scale.

  In addition to the consumer sector, limited awareness extends to industry professionals and stakeholders who may influence market adoption. Architects, builders, and energy consultants often default to conventional insulation materials due to familiarity and established practices. Without targeted outreach and demonstration of aerogel blankets' superior performance, these key decision-makers may overlook the product. Collaborative efforts between aerogel manufacturers, industry associations, and government bodies can play a vital role in promoting the benefits of aerogel blankets. By integrating aerogel technology into building codes, energy efficiency programs, and sustainability certifications, the market can overcome awareness barriers, paving the way for broader adoption and significant growth.

Opportunities

• Expansion in aerospace applications
• Advancements in production technology
• Increasing demand in automotive
• Potential in renewable energy sectors

• Emerging markets growth: The Global Aerogel Blanket Market is experiencing significant growth, driven by increasing demand from various end-use industries such as oil and gas, construction, automotive, and aerospace. Aerogel blankets are known for their superior thermal insulation properties, lightweight nature, and high durability, making them ideal for applications requiring energy efficiency and reduced thermal conductivity. The market is benefiting from heightened awareness of energy conservation and the need for sustainable building materials, which are pushing the adoption of aerogel blankets in construction projects worldwide. Additionally, stringent regulations on energy efficiency and greenhouse gas emissions are further propelling the market forward.

  Emerging markets, particularly in Asia-Pacific, are expected to be the fastest-growing regions for the aerogel blanket market. Rapid industrialization, urbanization, and infrastructure development in countries like China, India, and Southeast Asian nations are creating substantial opportunities for market expansion. The growing automotive and aerospace sectors in these regions are also contributing to increased demand for aerogel blankets due to their insulating properties and weight reduction benefits. Moreover, government initiatives promoting energy-efficient buildings and industrial processes are likely to bolster market growth in these emerging economies. As these markets continue to develop, the global aerogel blanket market is poised for robust growth and increased penetration across various industries.

Aerogel Blanket Market is witnessing robust competition, with leading players leveraging strategic partnerships, collaboration, and innovative strategies to expand market presence. Top companies hold over 60% of the market share, driving growth and innovation, while shaping a promising future outlook for high-performance insulation solutions.

Market Structure and Concentration
The market exhibits a moderately concentrated structure, with key players dominating through mergers, strategic alliances, and strong distribution networks. Approximately 65% of the market is controlled by major firms, while smaller companies focus on innovation and niche growth strategies to enhance competitiveness and broaden technological capabilities.

Brand and Channel Strategies
Leading brands implement multi-channel strategies, including industrial partnerships, direct sales, and distribution networks. Over 55% of revenue is generated through established channels, with companies emphasizing collaboration and innovation to enhance brand recognition, expand market reach, and ensure sustainable growth in key regions.

Innovation Drivers and Technological Advancements
Technological advancements in aerogel composition, thermal insulation performance, and manufacturing processes are key growth drivers. Collaborative innovation accounts for over 70% of new product development, enhancing efficiency and durability, while supporting a strong future outlook for aerogel blanket applications across industrial and commercial sectors.

Regional Momentum and Expansion
The market shows strong regional expansion, with North America and Europe contributing over 65% of market share. Strategic partnerships and localized initiatives foster adoption, leveraging growth strategies and collaboration with regional stakeholders to increase market penetration in emerging territories.

Future Outlook
The market’s future outlook is shaped by continuous innovation, strategic partnerships, and technological advancements. Analysts project over 75% of upcoming aerogel blanket solutions will integrate enhanced insulation performance and energy efficiency, ensuring sustained growth and competitive expansion across global and regional markets.

Key players in Aerogel Blanket Market include:

• Aspen Aerogels
• Cabot Corporation
• Saint-Gobain
• BASF SE
• Svenska Aerogel AB
• Aerogel Technologies, LLC
• Armacell (ArmaGel brand)
• Nanosil
• JIOS Aerogel
• CoolTech
• Shenzhen Bainaobao Insulation Materials
• Natural Fiber Welding
• Sinoma Insulation Material
• Enersens
• CNBM International

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis