- Silica
- Polymer
- Carbon
Aerogel Sheets Market was valued at USD 1,425.3 million in 2023 and is poised to reach USD 2316.4 million by 2030, and is expected to grow at a 10.2% CAGR from 2024 to 2030. Aerogels are a class of low-density solid gels in which the liquid component for the get is replaced with gas and air, aerogels are mostly considered for use in laser experiments, sensors, thermal insulation for optics and light guides, imaging devices, catalysts and others which fuel the aerogel demand in the market. In the past years, mineral wools, rock wools, and stone wool have had certain drawbacks in insulation, thermal exposure, and inert chemicals damage the product shelf life, aerogel is the best alternative for traditional insulation materials, resulting in increased use in building & construction, oil & gas due to low thermal conductivity and less thickness owing high demand which drives the market. Aerogels provide heat resistance properties, which are ten times lower than conventional insulation material, so they become the potential replacement for lower thermal conductivity and give valuable space savings resulting in the increased demand for aerogel, creating various opportunities in the aerogel sheet market. The production cost of aerogel includes raw materials, process technologies such as solvent exchange steps, long reaction time, and high installation cost in low production capabilities companies create hindrances in the market and restrict the growth of aerogel sheets.
Study Period
2024-2030Base Year
2023CAGR
10.2%Largest Market
Asia PacificFastest Growing Market
North America
The increasing applications of aerogel in oil and gas, building and construction, and thermal insulation across the world is the major market driver in the Aerogel Sheets Market during the forecast period. Blanket aerogel has had the largest market share in the past years. This material is a clear value proposition and gives a wide range of application capabilities in aerospace, marine, oil and gas, and construction due to its flexible physical structure. Aerogels are new insulation material, in the past years installation of insulation was difficult to process, the flexible properties of aerogel require an easy process to introduce in any area, owning high demand for aerogel sheets in the market. Hence, this will drive the global market growth at a significant rate.
By Type
By Form
By Process
By End User
aerogel sheets market was valued at USD 1,425.3 million in 2023 and is poised to reach at USD 2316.4 million by 2030, and is expected to grow at a 10.2% CAGR from 2024 to 2030
The leading players in the aerogel sheets 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.
Historic years considered for the market study are 2019 through 2023, 2023 is considered as the base year for market estimation and the forecast presented from 2024 to 2030
1. Executive Summary |
2. Global Aerogel Sheets Market Introduction |
2.1.Global Aerogel Sheets Market - Taxonomy |
2.2.Global Aerogel Sheets Market - Definitions |
2.2.1.Type |
2.2.2.Form |
2.2.3.Process |
2.2.4.End User |
2.2.5.Region |
3. Global Aerogel Sheets 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 Sheets 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 Sheets 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 Sheets Market By Form, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
6.1. Blanket |
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. Panel |
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. Particle |
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 |
6.4. Monolith |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Aerogel Sheets Market By Process, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
7.1. Virgin |
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. Composites |
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. Additives |
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 |
8. Global Aerogel Sheets Market By End User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
8.1. Oil & Gas |
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. Construction |
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. Transportation |
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. Performance Coatings |
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 |
9. Global Aerogel Sheets Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10. North America Aerogel Sheets Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
10.1. Type Analysis 2019-2023 and Forecast 2024-2030 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. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Blanket |
10.2.2.Panel |
10.2.3.Particle |
10.2.4.Monolith |
10.3. Process Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Virgin |
10.3.2.Composites |
10.3.3.Additives |
10.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Oil & Gas |
10.4.2.Construction |
10.4.3.Transportation |
10.4.4.Performance Coatings |
10.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11. Europe Aerogel Sheets 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. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Blanket |
11.2.2.Panel |
11.2.3.Particle |
11.2.4.Monolith |
11.3. Process Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Virgin |
11.3.2.Composites |
11.3.3.Additives |
11.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Oil & Gas |
11.4.2.Construction |
11.4.3.Transportation |
11.4.4.Performance Coatings |
11.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12.Asia Pacific (APAC) Aerogel Sheets 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. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Blanket |
12.2.2.Panel |
12.2.3.Particle |
12.2.4.Monolith |
12.3. Process Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Virgin |
12.3.2.Composites |
12.3.3.Additives |
12.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Oil & Gas |
12.4.2.Construction |
12.4.3.Transportation |
12.4.4.Performance Coatings |
12.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Aerogel Sheets 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. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Blanket |
13.2.2.Panel |
13.2.3.Particle |
13.2.4.Monolith |
13.3. Process Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Virgin |
13.3.2.Composites |
13.3.3.Additives |
13.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Oil & Gas |
13.4.2.Construction |
13.4.3.Transportation |
13.4.4.Performance Coatings |
13.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Aerogel Sheets Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
14.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Silica |
14.1.2.Polymer |
14.1.3.Carbon |
14.2. Form Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Blanket |
14.2.2.Panel |
14.2.3.Particle |
14.2.4.Monolith |
14.3. Process Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Virgin |
14.3.2.Composites |
14.3.3.Additives |
14.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Oil & Gas |
14.4.2.Construction |
14.4.3.Transportation |
14.4.4.Performance Coatings |
14.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.BASF SE, |
15.2.2.Cabot Corporation |
15.2.3.Green Earth Aerogel Technologies |
15.2.4.Svenska Aerogel AB |
15.2.5.Aspen Aerogels Inc |
15.2.6.Thermablok technologies |
15.2.7.Active Aerogels, LDA. |
15.2.8.JIOS Aerogel Corporation. |
15.2.9.Nano Technology Co., Ltd. |
15.2.10.Dow, Inc. |
16. Research Methodology |
17. Appendix and Abbreviations |