- Micro Silicon Dioxide Aerogel
- Ultrafine Silicon Dioxide Aerogel
- Others
Silicon Dioxide Aerogel Market size was valued at USD 860.9 million in 2023 and is expected to grow at a CAGR of 12.6 % from 2024 to 2030. The market growth is owing to the rise in demand for silicon dioxide aerogel from various industry verticals such as construction, oil & gas, aerospace, automotive, and others, and also the growing demand for battery management systems in electric vehicles which fuels the growth of the market. Despite the growth of the market, the challenges hindering the growth of the market are high production costs and the availability of natural alternative materials & cheap cost materials from the competitors. Due to its transparent and opaque-based insulation silicon dioxide aerogel is attracting the cosmetics industry and other application areas which creates the research and development of new products, It is also used in oil spills and organic liquid for clean-up. North America is the most dominating region due to its well-established construction industry with a high demand for energy-efficient materials, The combination of a growing construction industry, a significant demand from the oil and gas sector, and government initiatives promoting energy efficiency and sustainability are expected to fuel the growth of the APAC silica aerogel market at a higher rate than other regions in the coming years.
Study Period
2024-2030Base Year
2023CAGR
12.6%Largest Market
North-AmericaFastest Growing Market
North-America
The rise of the building and construction and oil and gas industries is a major driver for the silica aerogel market. In the oil and gas industry, aerogel's chemical inertness and low heat conductivity make it ideal for insulating and protecting pipes. Similarly, in construction, silica aerogel blankets are increasingly used for insulating building walls and roofs. Silica aerogel's key advantage is its superior performance compared to traditional insulation materials. It is significantly lighter, offering more resistance with a much thinner layer. This low density and low heat conductivity make it the preferred choice for thermal protection. These qualities also make it suitable for firefighter equipment and protective clothing. Beyond construction and oil and gas, the market is driven by the automotive and aerospace industries. Silica aerogel's large surface area and small pores make it a great adsorbent, useful in wastewater treatment. Additionally, its ability to trap particles and its low thermal conductivity makes it valuable for space exploration, as demonstrated by NASA's use of aerogel in the Stardust spacecraft and Mars Rover.
By Type
By Application
By Geography
North America
Europe
The Asia Pacific
Latin America
MEA
The silicon dioxide aerogel market size was valued at USD 860.9 million in 2023 and is expected to grow at a CAGR of 12.6 % from 2024 to 2030.
JIOS Aerogel, Dow Chemical, Aspen Aerogel, Cabot Corporation, Aerogel Technologies, Armacell Active Aerogels, Enersens, Svenska Arogel
North-America is the dominant market in the silicon dioxide aerogel market.