Aerogel Market Size and Share

Aerogel Market (2026 - 2031)
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Aerogel Market Analysis by Mordor Intelligence

The Aerogel Market size is estimated at USD 0.99 billion in 2026, and is expected to reach USD 1.59 billion by 2031, at a CAGR of 9.94% during the forecast period (2026-2031). Mounting demand for ultra-lightweight yet thermally robust materials in energy, construction, and mobility applications keeps the growth curve steep. Heightened focus on circularity and recyclability puts aerogels in a favorable spotlight because the material can be reclaimed without large energy penalties. Steady capital expenditure on liquefied natural gas assets across Asia-Pacific, stricter building-energy rules in the United States, Canada, and Europe, and a rapid uptick in electric-vehicle battery safety retrofits jointly sustain double-digit revenue expansion in the Aerogel market. Major suppliers continue to widen production capacity, while process-streamlining steps such as ambient-pressure drying and solvent recycling progressively chip away at historical cost disadvantages.

Key Report Takeaways

  • By type, silica captured 72.87% of the aerogel market share in 2025. The silica segment is also forecast to expand at a 10.87% CAGR through 2031. 
  • By form, blanket products accounted for 64.19% share of the Aerogel market size in 2025. Particle aerogels are projected to record the fastest 10.92% CAGR between 2026 and 2031.  
  • By end-user, oil and gas held a commanding 58.98% share of the Aerogel market in 2025. The construction sector is poised to post a 10.77% CAGR in the same horizon.
  • By application, thermal insulation represented 61.19% of the Aerogel market in 2025. Thermal insulation is forecast to retain leadership, growing at a 10.81% CAGR to 2031. 
  • By geography, North America generated 41.18% of global revenue in 2025. Asia-Pacific is anticipated to deliver the fastest regional growth at a 10.36% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Type: Silica Dominance Amid Gradual Uptake of Carbon and Alumina Grades

Global demand for silica aerogels stood at 72.87% of the total Aerogel market share in 2025, driven by a mature manufacturing base and broad application compatibility. Silica blankets continue to secure large oil and gas pipe insulation tenders, while powder derivatives advance as thermal additives in building plasters. The silica cohort benefits from scalable sol-gel chemistry, ample precursor availability, and a relatively benign environmental profile compared with carbonized resorcinol-formaldehyde systems. At a projected 10.87% CAGR to 2031, silica remains the backbone of overall growth, stretching the Aerogel market size in high-volume industrial segments.

Carbon aerogels, valued for superior electrical conductivity, gain traction in supercapacitor electrodes and EMI shielding for aerospace interiors. Still, high pyrolysis energy requirements and costly organic precursors restrain mass adoption. Alumina aerogels occupy a niche in aggressive chemical processing environments thanks to excellent acid resistance. Producers like Aspen Aerogels added a pilot alumina line in 2026, yet commercial volumes remain modest. As customers align thermal, electrical, and chemical priorities, multi-material hybrid formulations enter the commercialization funnel, hinting at gradual portfolio diversification inside the Aerogel market.

Aerogel Market: Market Share by Type
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By Form: Blankets Continue Lead, Particles Emerge as Fastest-Growing Format

Blanket products generated 64.19% of the Aerogel market revenue in 2025 because refineries, LNG operators, and building retrofit teams value roll-out convenience and consistent handling. Pre-laminated jacketing further trims installation time, translating into lower field labor costs. Although blanket penetration stays strong, particle aerogels register the swiftest 10.92% CAGR forecast, fueled by their dispersibility in cementitious plasters and polymer masterbatches. Manufacturers can adjust thermal conductivity and density through powder integration, all without the need to redesign finished parts. While block and panel forms serve specialized roles—like daylight-transmitting façade elements and research-grade cryostats—they currently make up a small portion of the Aerogel market size.

There's a growing emphasis in research and development on monolithic panel processes, which eliminate binders for enhanced optical clarity. Pilot lines in Sweden and Japan have successfully advanced panel production techniques. If these techniques are scaled, they could open new avenues in architectural façades and solar thermal collectors, further energizing the already diverse Aerogel market.

By Application: Thermal Insulation Anchors Revenue Across Industrial Value Chains

Thermal insulation accounted for 61.19% of 2025 global revenue, a natural outcome of aerogel’s standout λ-performance. The segment advances at a robust 10.81% CAGR to 2031 as heat-loss reduction remains the prime energy-savings lever for industries and buildings alike. High-temperature steam pipes, LNG cryogenic services, and residential façades jointly expand the installed base of blankets and particles. Battery-and-energy-storage uses, notably fire-protection blankets in lithium-ion packs, rise from an emergent baseline to mid-single-digit share by 2031. Still-elevated synthetic costs cap catalysis and adsorption leverage ultra-high surface area, yet volumes. Acoustic insulation makes steady gains inside train cars and aircraft cabins where weight savings outweigh price premiums.

Efforts to embed aerogels into translucent daylighting panels also gain momentum as building codes incentivize daylight harvesting. California office retrofits, featuring early commercial façades, reduced artificial lighting hours. Though current volumes remain modest, the allure of aerogels is bolstered by their cross-functional benefits—thermal blocking, glare control, and harnessing natural light—expanding the total addressable market for aerogels as we approach the next decade.

By End-User Industry: Oil and Gas Still Commands Spend, Construction Gains Fast

Oil and gas represented 58.98% of global revenue in 2025, reflecting decades of field validation in upstream, midstream, and downstream insulation service. Rising subsea tiebacks, sulfur-critical processing, and liquefaction capacity additions sustain blanket pull from major operators like Aramco, Shell, and CNOOC, firmly anchoring core volumes in the Aerogel market. Yet, construction overtakes all other verticals on growth pace, charting a 10.77% CAGR through 2031 as net-zero roadmaps transform building-envelope choices.

Automotive adoption centers on pack-level battery thermal barriers that impede thermal runaway propagation. Regulatory moves in the European Union mandating in-situ fire-containment proof starting 2027 provide an impetus. Aerospace and marine adoption remains selective, narrowed to weight-critical cabin interiors and cryogenic fuel tanks. Still, growing green-hydrogen ferry pilots in Scandinavia may lift marine orders in the medium term. Altogether, diversified end-user traction underscores a multi-vector expansion narrative for the Aerogel market.

Aerogel Market: Market Share by End-user Industry
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Geography Analysis

North America retained revenue leadership with a 41.18% share of the Aerogel market in 2025, anchored by a well-established oil and gas sector in the United States and Canada and reinforced by above-average construction retrofit activity. Federal tax incentives for energy-efficient commercial buildings, coupled with LNG export terminal build-outs along the Gulf Coast, translate directly into large blanket order books. The region’s mature procurement practices and robust code-enforcement culture accelerate specification of high-performance materials, underscoring North America’s continuing influence on global Aerogel market dynamics.

Europe remains a premium-priced demand center, propelled by the continent’s stringent building-energy laws and early adoption of electrified mobility. Countries such as Germany, Italy, and the United Kingdom channel public subsidies into deep renovation programs, catalyzing demand for particle-enhanced plasters on heritage structures where wall thickness must stay limited for aesthetic reasons. With the European Commission's 2025 Renovation Wave update driving consistent renovation activity, aerogel suppliers in the construction sector benefit from a steady pipeline. Concurrently, Norway's bolstering of its carbon-capture infrastructure carves out specialized niches for high-temperature insulation, broadening the region's income avenues.

Asia-Pacific emerges as the fastest-growing cluster with a 10.36% CAGR through 2031, riding on China’s rapid LNG import ramp-up, South Korea’s battery-manufacturing surge, and India’s urban-infill construction boom. Regional governments intensify performance-based building codes, pushing architects toward slim, high-R-value assemblies where aerogels excel. Local blanket manufacturers like Guangdong Alison Technology secure provincial incentives for energy-efficient material lines, lowering landed costs and improving accessibility. The compound effect of industrial heat-integration programs in Japan and South Korea, plus inflows from Southeast Asian refinery upgrades, broadens the Aerogel market size across Asia-Pacific, enabling the region to close the gap with North America over the forecast horizon.

Aerogel Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The aerogel market is moderately consolidated. Strategic tie-ups gain frequency as system integrators seek bundled solutions. Armacell entered a distribution pact with JIOS Aerogel to co-supply composite pipe insulation systems for short-cycle maintenance jobs in Middle Eastern gas processing plants. Competitive intensity stiffens as Chinese entrants commission vertically integrated silica lines to serve domestic energy and construction clients. Price competition remains measured because proprietary sol-gel recipes and long-term customer qualification cycles build natural entry barriers. Even so, top players keep a defensive stance, accelerating incremental cost-out programs and broadening application engineering services to maintain stickiness across a diversified Aerogel market.

Aerogel Industry Leaders

  1. Aspen Aerogels, Inc.

  2. Cabot Corporation

  3. Armacell

  4. BASF

  5. Guangdong Alison Technology Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Aerogel Market - Market Concentration
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Recent Industry Developments

  • September 2024: Armacell acquired all shares in Armacell JIOS Aerogels Limited, gaining control of more than 700 tonnes annual powder capacity and boosting its energy-sector insulation footprint.
  • September 2024: Armacell launched the ArmaGel XG product line for elevated-temperature duties and announced a new plant in Pune, India, adding 1 million m² blanket capacity.

Table of Contents for Aerogel Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rise in adoption due to re-usability and recyclability
    • 4.2.2 Growing construction demand for high-performance insulation
    • 4.2.3 Energy-efficiency regulations in North America and Europe spur demand
    • 4.2.4 Expansion of LNG infrastructure across Asia-Pacific
    • 4.2.5 Emergence of EV-battery fire-protection blankets
  • 4.3 Market Restraints
    • 4.3.1 High production cost vs. conventional insulators
    • 4.3.2 Limited availability / price swings of silica precursors
    • 4.3.3 Competition from high-performance polymer foams in buildings
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Silica
    • 5.1.2 Carbon
    • 5.1.3 Alumina
    • 5.1.4 Other Types
  • 5.2 By Form
    • 5.2.1 Blanket
    • 5.2.2 Particle
    • 5.2.3 Block
    • 5.2.4 Panel
  • 5.3 By Application
    • 5.3.1 Thermal Insulation
    • 5.3.2 Acoustic Insulation
    • 5.3.3 Catalyst and Adsorbent
    • 5.3.4 Battery and Energy Storage
    • 5.3.5 Day-lighting and Translucent Panels
    • 5.3.6 Other Applications
  • 5.4 By End-user Industry
    • 5.4.1 Oil and Gas
    • 5.4.2 Construction
    • 5.4.3 Automotive
    • 5.4.4 Marine
    • 5.4.5 Aerospace
    • 5.4.6 Other End-user Industries
  • 5.5 By Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 Rest of Asia-Pacific
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 Italy
    • 5.5.3.4 France
    • 5.5.3.5 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Nigeria
    • 5.5.5.5 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Acoustiblok, Inc.
    • 6.4.2 Active Aerogels
    • 6.4.3 Aerogel Technologies, LLC
    • 6.4.4 aerogel-it
    • 6.4.5 Armacell
    • 6.4.6 Aspen Aerogels, Inc.
    • 6.4.7 BASF
    • 6.4.8 Blueshift Materials Inc.
    • 6.4.9 Cabot Corporation
    • 6.4.10 ENERSENS
    • 6.4.11 Guangdong Alison Technology Co., Ltd.
    • 6.4.12 JIOS Aerogel
    • 6.4.13 Knauf Insulation
    • 6.4.14 Nano Tech Co., Ltd.
    • 6.4.15 Ningbo Surnano Aerogel Co., Ltd
    • 6.4.16 Porex
    • 6.4.17 Sino Aerogel
    • 6.4.18 Svenska Aerogel AB
    • 6.4.19 TAASI Corporation
    • 6.4.20 Thermablok Aerogels Ltd.

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
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Global Aerogel Market Report Scope

Aerogels are a synthetic lightweight material, mainly used as insulators in industries exposed to extreme heat and weather conditions. They are used in various applications, including catalysis, thermal insulators, solar energy uses, piezoelectric, energy conversion-storage, low-temperature glass formation, sensors, adsorption, and photocatalysis.

The aerogel market is segmented by type, form, application, end-user industry, and geography. By Type, the market is segmented into silica, carbon, alumina, and other types. By Form, the market is segmented into blanket, particle, block, and panel. By Application, the market is segmented into thermal insulation, acoustic insulation, catalyst and adsorbent, battery and energy storage, day-lighting and translucent panels, and other applications. By End-user Industry, the market is segmented into oil and gas, construction, automotive, marine, aerospace, and other end-user industries. The report also covers the market size and forecasts for the aerogel market in 17 countries across major regions. For each segment, the market size and forecasts were made on the basis of value (USD).

By Type
Silica
Carbon
Alumina
Other Types
By Form
Blanket
Particle
Block
Panel
By Application
Thermal Insulation
Acoustic Insulation
Catalyst and Adsorbent
Battery and Energy Storage
Day-lighting and Translucent Panels
Other Applications
By End-user Industry
Oil and Gas
Construction
Automotive
Marine
Aerospace
Other End-user Industries
By Geography
Asia-PacificChina
India
Japan
South Korea
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
Italy
France
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
United Arab Emirates
South Africa
Nigeria
Rest of Middle-East and Africa
By TypeSilica
Carbon
Alumina
Other Types
By FormBlanket
Particle
Block
Panel
By ApplicationThermal Insulation
Acoustic Insulation
Catalyst and Adsorbent
Battery and Energy Storage
Day-lighting and Translucent Panels
Other Applications
By End-user IndustryOil and Gas
Construction
Automotive
Marine
Aerospace
Other End-user Industries
By GeographyAsia-PacificChina
India
Japan
South Korea
Rest of Asia-Pacific
North AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
Italy
France
Rest of Europe
South AmericaBrazil
Argentina
Rest of South America
Middle-East and AfricaSaudi Arabia
United Arab Emirates
South Africa
Nigeria
Rest of Middle-East and Africa
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Key Questions Answered in the Report

What is the current value of the Aerogel market?

The Aerogel market size stood at USD 0.99 billion in 2026 and is forecast to rise to USD 1.59 billion by 2031, registering a CAGR of 9.94%.

Which segment contributes the most to Aerogel revenue?

Thermal insulation delivered 61.19% of 2025 global sales, reflecting broad use across oil and gas, LNG, and building envelopes.

Which form of aerogel is gaining the fastest traction?

Particle aerogels are on track to grow at a 10.92% CAGR from 2026 to 2031, thanks to easy dispersibility in plasters and polymers.

Which region is expected to expand the quickest?

Asia-Pacific leads with a projected 10.36% CAGR through 2031, buoyed by LNG infrastructure, battery manufacturing, and urban construction.

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