Aerogel Blanket Market

By Material Type;

Silica, Polymers, and Carbon

By Form;

Blanket, Particle, Panel, and Monolith

By Application;

Defense, Healthcare, Automobile, Aerospace, and Oil & Gas

By End User;

Energy, Construction, Aerospace, Automotive, and Marine, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn305228904 Published Date: August, 2025 Updated Date: September, 2025

Aerogel Blanket Market Overview

Aerogel Blanket Market (USD Million)

Aerogel Blanket Market was valued at USD 401.10 million in the year 2024. The size of this market is expected to increase to USD 1,277.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.0%.


Aerogel Blanket Market

*Market size in USD million

CAGR 18.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)18.0 %
Market Size (2024)USD 401.10 Million
Market Size (2031)USD 1,277.70 Million
Market ConcentrationLow
Report Pages348
401.10
2024
1,277.70
2031

Major Players

  • Aspen Aerogels, Inc.
  • Cabot Corporation
  • Aerogel Technologies, LLC
  • Nano Tech Co., Ltd.
  • Guangdong Alison Hi-Tech Co., Ltd.
  • Enersens
  • Jios Aerogel Corporation
  • Armacell International S.A.
  • BASF SE
  • Active Aerogels

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aerogel Blanket Market

Fragmented - Highly competitive market without dominant players


The Aerogel Blanket Market is witnessing consistent growth as industries increasingly recognize the advantages of advanced insulation materials. Known for being lightweight and highly efficient, aerogel blankets now account for close to 50% usage in industrial insulation systems. Their ability to deliver superior thermal resistance while lowering energy expenses has made them a trusted solution across a wide range of applications.

Growing reliance on advanced insulation
The need for energy conservation and sustainability has significantly boosted the adoption of advanced insulation technologies. Aerogel blankets deliver nearly 30% higher thermal efficiency compared to traditional materials, positioning them as a leading choice in oil and gas, building construction, and transportation sectors. Their role in reducing energy loss and ensuring long-term durability continues to strengthen market adoption.

Material innovations driving performance
Progress in material innovation and aerogel manufacturing techniques has enhanced both cost-effectiveness and versatility. Manufacturers are developing products with improved flexibility, enabling easy integration into intricate industrial systems. Roughly 25% of newly launched products now focus on multi-functional features such as fire resistance and acoustic insulation, showcasing the shift toward adaptable and performance-oriented solutions.

Strategic partnerships fueling expansion
The market is also being shaped by strategic partnerships, mergers, and collaborative ventures that focus on scaling production and expanding research. Nearly 40% of established companies are actively engaging in alliances to improve product reach and accelerate innovation pipelines. These strategies are enabling broader accessibility while supporting competitive growth in the aerogel blanket sector.

Promising future outlook
With sustainability initiatives gaining prominence, the aerogel blanket market is expected to continue its steady expansion. More than 45% of industries are now prioritizing energy-efficient insulation technologies in their long-term strategies. Coupled with innovation, expansion, and strong application potential, aerogel blankets are set to remain a vital element in next-generation industrial insulation solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Aerogel Blanket Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Superior insulation performance
        2. Growing demand in oil & gas
        3. Energy-efficient building materials trend
        4. Lightweight and flexible properties
        5. Environmental regulations compliance
      2. Restraints
        1. High production costs
        2. Limited raw material availability
        3. Complex manufacturing processes
        4. Competition from traditional materials
        5. Limited consumer awareness
      3. Opportunities
        1. Expansion in aerospace applications
        2. Advancements in production technology
        3. Increasing demand in automotive
        4. Potential in renewable energy sectors
        5. Emerging markets growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aerogel Blanket Market, By Material Type, 2021 - 2031 (USD Million)
      1. Silica
      2. Polymers
      3. Carbon
    2. Aerogel Blanket Market, By Form, 2021 - 2031 (USD Million)
      1. Blanket
      2. Particle
      3. Panel
      4. Monolith
    3. Aerogel Blanket Market, By Application, 2021 - 2031 (USD Million)
      1. Defense
      2. Healthcare
      3. Automobile
      4. Aerospace
      5. Oil & Gas
    4. Aerogel Blanket Market, By End User, 2021 - 2031 (USD Million)
      1. Energy
      2. Construction
      3. Aerospace
      4. Automotive
      5. Marine
      6. Others
    5. Aerogel Blanket Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aspen Aerogels, Inc.
      2. Cabot Corporation
      3. Aerogel Technologies, LLC
      4. Nano Tech Co., Ltd.
      5. Guangdong Alison Hi-Tech Co., Ltd.
      6. Enersens
      7. Jios Aerogel Corporation
      8. Armacell International S.A.
      9. BASF SE
      10. Active Aerogels
  7. Analyst Views
  8. Future Outlook of the Market