Global Aerogel Blanket Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type;

Silica, Polymers, and Carbon.

By Form;

Blanket, Particle, Panel, and Monolith.

By Application;

Defense, Healthcare, Automobile, Aerospace, and Oil & Gas.

By End User;

Energy, Construction, Aerospace, Automotive, and Marine, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn305228904 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Aerogel Blanket Market (USD Million), 2021 - 2031

In the year 2024, the Global Aerogel Blanket Market was valued at USD 401.10 million. The size of this market is expected to increase to USD 1,277.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.0%.

The global aerogel blanket market has seen significant growth in recent years, driven by the unique properties and wide-ranging applications of aerogel materials. Aerogel blankets are known for their exceptional thermal insulation, low density, and fire-resistant characteristics, making them highly desirable in industries such as oil and gas, construction, automotive, and aerospace. As environmental regulations tighten and the demand for energy-efficient solutions rises, the aerogel blanket market is poised for continued expansion. Key players in this market are focusing on product innovation and strategic collaborations to enhance their market presence and cater to a diverse range of end-use industries.

One of the primary drivers of the global aerogel blanket market is the increasing need for advanced insulation materials in the oil and gas sector. Aerogel blankets are extensively used in pipelines and refineries due to their ability to withstand extreme temperatures and reduce energy loss. Additionally, the construction industry has adopted aerogel blankets for insulating buildings, which helps in achieving higher energy efficiency and meeting stringent building codes. The automotive and aerospace sectors also utilize aerogel blankets to improve the thermal management of vehicles and aircraft, enhancing safety and performance.

Despite the numerous advantages of aerogel blankets, the market faces certain challenges. The high production cost of aerogel materials remains a significant barrier to widespread adoption. However, ongoing research and development efforts are aimed at reducing production costs and improving the scalability of aerogel manufacturing processes. Moreover, the limited awareness and understanding of aerogel technology among potential end-users can hinder market growth. Companies are investing in marketing and educational campaigns to raise awareness about the benefits and applications of aerogel blankets.

The future of the global aerogel blanket market looks promising, with several factors contributing to its growth. Technological advancements in aerogel production, coupled with increasing investment in research and development, are expected to drive market expansion. Additionally, the growing emphasis on sustainability and energy efficiency across various industries will likely boost the demand for aerogel blankets. As the market evolves, strategic partnerships, mergers, and acquisitions among key players will further enhance the competitive landscape and open new opportunities for growth and innovation in the aerogel blanket market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Aerogel Blanket Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Superior insulation performance
        2. Growing demand in oil & gas
        3. Energy-efficient building materials trend
        4. Lightweight and flexible properties
        5. Environmental regulations compliance
      2. Restraints
        1. High production costs
        2. Limited raw material availability
        3. Complex manufacturing processes
        4. Competition from traditional materials
        5. Limited consumer awareness
      3. Opportunities
        1. Expansion in aerospace applications
        2. Advancements in production technology
        3. Increasing demand in automotive
        4. Potential in renewable energy sectors
        5. Emerging markets growth
    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. Global Aerogel Blanket Market, By Material Type, 2021 - 2031 (USD Million)
      1. Silica
      2. Polymers
      3. Carbon
    2. Global Aerogel Blanket Market, By Form, 2021 - 2031 (USD Million)
      1. Blanket
      2. Particle
      3. Panel
      4. Monolith
    3. Global Aerogel Blanket Market, By Application, 2021 - 2031 (USD Million)
      1. Defense
      2. Healthcare
      3. Automobile
      4. Aerospace
      5. Oil & Gas
    4. Global Aerogel Blanket Market, By End User, 2021 - 2031 (USD Million)
      1. Energy
      2. Construction
      3. Aerospace
      4. Automotive
      5. Marine
      6. Others
    5. Global Aerogel Blanket 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. Aerogel Technologies, LLC
      4. Nano Tech Co., Ltd.
      5. Guangdong Alison Hi-Tech Co., Ltd.
      6. Enersens
      7. Jios Aerogel Corporation
      8. Armacell International S.A.
      9. BASF SE
      10. Active Aerogels
  7. Analyst Views
  8. Future Outlook of the Market