Aerogel Insulation Market

By Product Type;

Silica Aerogel, Polymer Aerogel, Carbon Aerogel, Composite Aerogel and Others

By Form;

Blankets, Panels, Granules, Coatings and Others

By Temperature Range;

Low Temperature Insulation (100°C), Medium Temperature Insulation (100°C-500°C) and High Temperature Insulation (>500°C)

By End Use;

Building & Construction, Oil & Gas, Aerospace, Automotive, Industrial Insulation, Electronics and Others

By Distribution Channel;

Direct and Indirect

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn464528836 Published Date: September, 2025 Updated Date: October, 2025

Aerogel Insulation Market Overview

Aerogel Insulation Market (USD Million)

Aerogel Insulation Market was valued at USD 3,295.84 million in the year 2024. The size of this market is expected to increase to USD 6,799.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.9%.


Aerogel Insulation Market

*Market size in USD million

CAGR 10.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.9 %
Market Size (2024)USD 3,295.84 Million
Market Size (2031)USD 6,799.65 Million
Market ConcentrationLow
Report Pages338
3,295.84
2024
6,799.65
2031

Major Players

  • 3M Company
  • H.B. Fuller Company
  • Arkema
  • Henkel AG & Company KGaA
  • Presco
  • Avery Dennison Corporation
  • Ashland, Inc
  • Cytec Solvay Group
  • BASF SE
  • Eastman Chemical Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aerogel Insulation Market

Fragmented - Highly competitive market without dominant players


The Aerogel Insulation Market is experiencing notable growth, supported by its lightweight structure, superior thermal resistance, and environmentally friendly attributes. Recognized as one of the lightest solid materials, aerogel delivers outstanding heat-blocking performance, making it valuable across construction, oil & gas, automotive, and industrial applications. Nearly 55% of its demand comes from construction, where it plays a vital role in enhancing energy efficiency and lowering carbon emissions.

Technological innovations enhancing capabilities
Advances in material engineering are broadening the capabilities of aerogel insulation. Producers are working on improving hydrophobic properties, flexibility, and mechanical strength, which expand its usability across demanding applications. Close to 40% of recent product innovations emphasize reduced thermal conductivity, reinforcing aerogel’s reputation as a reliable and efficient material for industries prioritizing energy savings and operational performance.

Rising utilization in energy-intensive industries
Industries such as oil & gas and power generation continue to drive adoption, together contributing nearly 30% of aerogel insulation demand. These sectors value its ability to handle extreme heat while maintaining low thermal transfer. The emphasis on emission reduction and operational efficiency positions advanced insulation materials like aerogel as essential solutions for large-scale industrial projects.

Growth strategies and future outlook
The aerogel insulation market is advancing through strategic collaborations, mergers, and targeted research initiatives. Roughly 35% of partnerships in the sector focus on scaling production and introducing cost-efficient designs. With growing awareness of sustainable materials and continuous technological progress, aerogel insulation is positioned to strengthen its role as a critical enabler of efficiency and innovation across multiple industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Temperature Range
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Aerogel Insulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for energy efficiency
        2. Increasing use in oil & gas
        3. Rising construction industry applications
        4. Enhanced thermal insulation properties
      2. Restraints
        1. High production and installation costs
        2. Limited awareness and adoption
        3. Competition from alternative materials
        4. Environmental concerns during manufacturing
      3. Opportunities
        1. Expansion in aerospace sector
        2. Innovations in aerogel composites
        3. Growing renewable energy projects
        4. Increasing demand in transportation sector
    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 Insulation Market, By Product Type, 2021 - 2031 (USD Million)
      1. Silica Aerogel
      2. Polymer Aerogel
      3. Carbon Aerogel
      4. Composite Aerogel
      5. Others
    2. Aerogel Insulation Market, By Form, 2021 - 2031 (USD Million)
      1. Blankets
      2. Panels
      3. Granules
      4. Coatings
      5. Others
    3. Aerogel Insulation Market, By Temperature Range, 2021 - 2031 (USD Million)
      1. Low Temperature Insulation (100°C)
      2. Medium Temperature Insulation (100°C-500°C)
      3. High Temperature Insulation (>500°C)
    4. Aerogel Insulation Market, By End Use, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Oil & Gas
      3. Aerospace
      4. Automotive
      5. Industrial Insulation
      6. Electronics
      7. Others
    5. Aerogel Insulation Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Direct
      2. Indirect
    6. Aerogel Insulation 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. Armacell International S.A.
      4. Aerogel Technologies, LLC
      5. Active Aerogels, LDA
      6. BASF SE
      7. JIOS Aerogel Corporation
      8. Nano Technology Co., Ltd.
      9. Enersens
      10. Dow, Inc.
      11. Svenska Aerogel AB
      12. Guangdong Alison Hi-Tech Co., Ltd.
      13. Thermablok Aerogels Ltd.
      14. Green Earth Aerogel Technologies
      15. TAASI Corporation
  7. Analyst Views
  8. Future Outlook of the Market