Aerogel Blankets Market: By Type (Silica, Polymer, and Carbon), By Processing (Virgin, Composites, and Additives), By End-User (Oil & Gas, Construction, Transportation, and Performance Coatings), and Geography

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Aerogel Blankets Market was valued at USD 937.4 million in 2023 and is poised to grow at CGAR 6.4% from 2024 to 2030. Aerogel blankets incorporate aerogel particles into ultra-thin, flexible non-powers with high-quality insulating properties. Aerogel is a class of scientific porous ultralight material derived from a gel, in which liquid components are replaced with gel, the growth of the aerogel blankets Market is primarily driven by tremendous demand in building & and construction, oil & and gas industries and aircraft bodies as insulators, the continuous technology development in nanotechnology results high demand for aerogel blankets, also they are non-toxic and environmentally friendly.

Rapid expansion in the clothing market and the need for aerogel blankets for thermal resistance in the aerospace industry require high quality aerogel which offers numerous opportunities in the aerogel blanket market. The high cost of production of aerogel is the major restraint in the growth of the aerogel blanket market, the manufacturing of aerogel is complicated and requires extensive R&D which makes the process costly. According to NASA, Aerogel is a silicon-based solid with a porous, sponge-like structure in which 99.8 percent of the volume is space. By comparison, aerogel is 1,000 times less dense than glass, another silicon-based solid. Discovered in the 1930s by a Stanford University researcher, aerogel is the world's lightest solid.

Aerogel Blankets Market Key Developments:
  • In March 2022, Svenska Aerogel AB launched the new product SeaQare™ is based on amorphous, porous silica (Quartzene®) which is hydrophilic and contains copper. SeaQare™ acts as a carrier of copper in antifouling paints, contributing to a controlled release of copper into the water. With the help of SeaQare™, copper can be used more efficiently than in traditional antifouling paints, and unnecessary copper toxicity in our oceans can be avoided.
  • In February 2022, Thermablok Technologies came with Thermablok Aerogel A2 Insulation Blanket and Thermablok Aerogel ThermaSlim Internal Wall /Reveal / Return Insulation Board Systems (IWI). The material is breathable, ensuring a healthy, durable working building with a natural ability to repel liquid whilst allowing the passage and release of moisture vapor - a major factor in historical buildings.

Aerogel Blankets Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.4%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Aerogel Blankets Market Dynamics

The increasing demand for insulation material to prevent thermal conductance across the world is the major market driver in the aerogel blankets market during the forecast period. Insulation materials used in the early days such as polyurethane foam, mineral wood, rock wool, and stone are ineffective and have certain drawbacks for use. In the construction of buildings, extra layers enhance the weight of buildings which makes it tough to use.  Aerogel provides lightweight and thinner screens for the insulation from sunlight, also the insulation property of aerogel increases in demand in the aerospace industry and oil & and gas industry. Hence, this will drive the global market growth at a significant rate.

Aerogel Blankets Market Segmentation

By Type

  • Silica
  • Polymer
  • Carbon

By Processing

  • Virgin
  • Composites
  • Additives

By End User

  • Oil & Gas
  • Construction
  • Transportation
  • Performance Coatings

Frequently Asked Questions

The aerogel blankets market was valued at USD 937.4 million in 2023

The aerogel blankets market is poised to grow at a significant CAGR of 6.4% from 2024 to 2030

The leading players in the aerogel blankets market are BASF SE, Cabot Corporation, Green Earth Aerogel Technologies, Svenska Aerogel AB, Aspen Aerogels Inc, Thermablok Technologies, Aerogel Technologies, LLC., Active Aerogels, LDA., JIOS Aerogel Corporation., Nano Technology Co., Ltd., and Dow, Inc

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Aerogel Blankets Market Introduction 
2.1.Global Aerogel Blankets Market  - Taxonomy
2.2.Global Aerogel Blankets Market  - Definitions
2.2.1.Type
2.2.2.Processing
2.2.3.End User
2.2.4.Region
3.Global Aerogel Blankets Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Aerogel Blankets Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Aerogel Blankets Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Silica
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Polymer
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Carbon
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Aerogel Blankets Market  By Processing, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Virgin
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Composites
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Additives
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Aerogel Blankets Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Oil & Gas
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Construction
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Transportation
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Performance Coatings
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Aerogel Blankets Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Aerogel Blankets Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Silica
9.1.2.Polymer
9.1.3.Carbon
9.2.  Processing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Virgin
9.2.2.Composites
9.2.3.Additives
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Oil & Gas
9.3.2.Construction
9.3.3.Transportation
9.3.4.Performance Coatings
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Aerogel Blankets Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Silica
10.1.2.Polymer
10.1.3.Carbon
10.2.  Processing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Virgin
10.2.2.Composites
10.2.3.Additives
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Oil & Gas
10.3.2.Construction
10.3.3.Transportation
10.3.4.Performance Coatings
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Aerogel Blankets Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Silica
11.1.2.Polymer
11.1.3.Carbon
11.2.  Processing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Virgin
11.2.2.Composites
11.2.3.Additives
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Oil & Gas
11.3.2.Construction
11.3.3.Transportation
11.3.4.Performance Coatings
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Aerogel Blankets Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Silica
12.1.2.Polymer
12.1.3.Carbon
12.2.  Processing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Virgin
12.2.2.Composites
12.2.3.Additives
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Oil & Gas
12.3.2.Construction
12.3.3.Transportation
12.3.4.Performance Coatings
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Aerogel Blankets Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Silica
13.1.2.Polymer
13.1.3.Carbon
13.2.  Processing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Virgin
13.2.2.Composites
13.2.3.Additives
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Oil & Gas
13.3.2.Construction
13.3.3.Transportation
13.3.4.Performance Coatings
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.BASF SE,
14.2.2.Cabot Corporation
14.2.3.Green Earth Aerogel Technologies
14.2.4.Svenska Aerogel AB
14.2.5.Aspen Aerogels Inc
14.2.6.Thermablok technologies
14.2.7.Aerogel Technologies, LLC.
14.2.8.Active Aerogels, LDA.
14.2.9.JIOS Aerogel Corporation.
14.2.10.Nano Technology Co., Ltd.
14.2.11.Dow, Inc.
15. Research Methodology 
16. Appendix and Abbreviations 
  • BASF SE,
  • Cabot Corporation
  • Green Earth Aerogel Technologies
  • Svenska Aerogel AB
  • Aspen Aerogels Inc
  • Thermablok technologies
  • Aerogel Technologies, LLC.
  • Active Aerogels, LDA.
  • JIOS Aerogel Corporation.
  • Nano Technology Co., Ltd.
  • Dow, Inc.

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