• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Aerogel Blanket Market

    ID: MRFR/CnM/23423-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    Aerogel Blanket Market Research Report By Type (Aerogel Blankets, Aerogel Quilts, Aerogel Rolls, Aerogel Panels, Aerogel Mats), By Application (Industrial Insulation, Passive Fire Protection, Cryogenic Storage, Oil and Gas Industry, Automotive), By Material (Silica-based Aerogel, Carbon-based Aerogel, Polymer-based Aerogel, Composite Aerogel), By End-User Industry (Power Generation, Petrochemicals, Pharmaceuticals, Transportation, Construction) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - F...

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Aerogel Blanket Market Infographic

    Aerogel Blanket Market Summary

    As per MRFR analysis, the Aerogel Blanket Market Size was estimated at 2.027 USD Billion in 2024. The Aerogel Blanket industry is projected to grow from 2.198 USD Billion in 2025 to 4.939 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.43 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Aerogel Blanket Market is poised for substantial growth driven by sustainability and technological advancements.

    • North America remains the largest market for aerogel blankets, driven by increasing demand in various industries.
    • Asia-Pacific is emerging as the fastest-growing region, reflecting a surge in construction and energy efficiency initiatives.
    • Aerogel blankets dominate the market, while aerogel quilts are experiencing rapid growth due to their lightweight properties.
    • Rising demand for energy efficiency and innovations in manufacturing processes are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 2.027 (USD Billion)
    2035 Market Size 4.939 (USD Billion)
    CAGR (2025 - 2035) 8.43%

    Major Players

    Aspen Aerogels (US), Cabot Corporation (US), BASF SE (DE), Dow Inc. (US), Aerogel Technologies (US), Nano High-Tech (CN), JIOS Aerogel (KR), Guangdong Alison Hi-Tech (CN)

    Aerogel Blanket Market Trends

    The Aerogel Blanket Market is currently experiencing a notable transformation, driven by advancements in material science and increasing demand for energy-efficient insulation solutions. Aerogel blankets, known for their lightweight and superior thermal insulation properties, are becoming increasingly popular across various industries, including construction, aerospace, and automotive. The growing emphasis on sustainability and energy conservation is propelling manufacturers to innovate and enhance product offerings, thereby expanding the market's reach. Furthermore, the integration of aerogel blankets in high-performance applications is likely to foster new opportunities for growth, as industries seek to improve energy efficiency and reduce carbon footprints. In addition, the Aerogel Blanket Market appears to be influenced by regulatory frameworks that promote the use of eco-friendly materials. As governments worldwide implement stricter energy efficiency standards, the demand for aerogel blankets is expected to rise. This trend suggests a shift towards more sustainable building practices and the adoption of advanced materials that meet modern energy requirements. Overall, the Aerogel Blanket Market is poised for growth, driven by innovation, regulatory support, and a collective push towards sustainability in various sectors.

    Sustainability Focus

    The Aerogel Blanket Market is increasingly shaped by a growing emphasis on sustainability. As industries strive to minimize their environmental impact, the demand for eco-friendly insulation materials is rising. Aerogel blankets, with their low thermal conductivity and lightweight nature, align well with these sustainability goals, making them a preferred choice for energy-efficient applications.

    Technological Advancements

    Technological innovations are playing a crucial role in the evolution of the Aerogel Blanket Market. Continuous research and development efforts are leading to enhanced product performance, including improved thermal resistance and durability. These advancements are likely to attract new applications and broaden the market's scope, as industries seek cutting-edge solutions.

    Regulatory Influence

    Regulatory frameworks are increasingly influencing the Aerogel Blanket Market. Governments are implementing stricter energy efficiency standards, which in turn drives the demand for high-performance insulation materials. This regulatory push is expected to accelerate the adoption of aerogel blankets, as industries look to comply with new guidelines and enhance their energy efficiency.

    The Global Aerogel Blanket Market appears poised for growth, driven by increasing demand for lightweight and highly efficient insulation materials across various industries, including aerospace and construction.

    U.S. Department of Energy

    Aerogel Blanket Market Drivers

    Expansion in Construction Sector

    The Aerogel Blanket Market is experiencing growth due to the expansion in the construction sector, where the demand for high-performance insulation materials is on the rise. With urbanization and infrastructure development accelerating, there is an increasing need for materials that can enhance energy efficiency and reduce heating and cooling costs. Aerogel blankets, known for their exceptional thermal properties, are becoming increasingly popular in both residential and commercial construction projects. The construction industry is projected to grow at a rate of approximately 5% annually, driven by investments in sustainable building practices. This trend indicates a favorable environment for the Aerogel Blanket Market, as builders and architects seek innovative solutions to meet energy efficiency standards and improve overall building performance.

    Rising Demand for Energy Efficiency

    The Aerogel Blanket Market is experiencing a notable surge in demand driven by the increasing emphasis on energy efficiency across various sectors. Industries such as construction, aerospace, and automotive are actively seeking materials that can provide superior thermal insulation while minimizing energy consumption. Aerogel blankets, known for their lightweight and high-performance insulation properties, are becoming a preferred choice. According to recent data, the insulation market is projected to grow at a compound annual growth rate of approximately 6.5% over the next five years, indicating a robust opportunity for aerogel products. This trend is further supported by the global push towards reducing carbon footprints, as energy-efficient solutions are increasingly prioritized in building codes and regulations. As a result, the Aerogel Blanket Market is likely to expand significantly in response to these evolving energy standards.

    Innovations in Manufacturing Processes

    Innovations in manufacturing processes are significantly influencing the Aerogel Blanket Market. Recent advancements in production techniques, such as supercritical drying and sol-gel processes, have enhanced the scalability and cost-effectiveness of aerogel production. These innovations have led to a reduction in production costs, making aerogel blankets more accessible to a wider range of industries. As a result, the market is projected to grow at a rate of approximately 7% over the next few years. Additionally, the development of new formulations and composite materials incorporating aerogels is expanding the potential applications in sectors like construction and automotive. This evolution in manufacturing not only boosts the competitiveness of aerogel products but also encourages further research and development, thereby fostering growth within the Aerogel Blanket Market.

    Growth in Aerospace and Defense Applications

    The Aerogel Blanket Market is poised for growth due to the expanding applications in the aerospace and defense sectors. Aerogel blankets are utilized for thermal insulation in spacecraft, satellites, and military vehicles, where weight reduction and thermal protection are critical. The aerospace industry is projected to witness a growth rate of around 4% annually, driven by advancements in technology and increasing investments in space exploration. Aerogel's unique properties, such as its ability to withstand extreme temperatures and its lightweight nature, make it an ideal material for these applications. Furthermore, as nations continue to invest in defense capabilities, the demand for high-performance materials like aerogel is expected to rise. This trend suggests a promising future for the Aerogel Blanket Market, as it aligns with the needs of modern aerospace and defense technologies.

    Increasing Awareness of Environmental Impact

    The Aerogel Blanket Market is benefiting from the increasing awareness of environmental impacts associated with traditional insulation materials. As consumers and industries alike become more conscious of sustainability, there is a growing preference for eco-friendly alternatives. Aerogel blankets, which are made from silica and have a low environmental footprint, are gaining traction as a sustainable insulation solution. The market for sustainable building materials is expected to grow significantly, with estimates suggesting a compound annual growth rate of around 8% in the coming years. This shift towards environmentally responsible products is likely to drive demand for aerogel blankets, as they not only provide superior insulation but also align with the values of eco-conscious consumers and businesses. Consequently, the Aerogel Blanket Market is well-positioned to capitalize on this trend.

    Market Segment Insights

    By Type: Aerogel Blankets (Largest) vs. Aerogel Quilts (Fastest-Growing)

    The Aerogel Blanket Market is seeing a significant distribution of market share among its various types. Aerogel Blankets stand out as the largest segment, dominating the market with their superior thermal insulation properties. Following closely, Aerogel Quilts are emerging as a fast-growing alternative, thanks to their versatility and ease of application in a variety of industries such as construction and aerospace. The balance of market share among Aerogel Rolls, Panels, and Mats indicates a healthy growth environment as manufacturers innovate to meet diverse customer needs.

    Aerogel Blankets (Dominant) vs. Aerogel Quilts (Emerging)

    Aerogel Blankets are recognized for their exceptional insulating capabilities and lightweight characteristics, making them a dominant choice across numerous applications. In contrast, Aerogel Quilts, characterized by their flexibility and adaptability, are positioned as an emerging trend in the market. They are increasingly utilized in specialized applications where traditional insulation methods fall short. The ease of installation and customization options of Aerogel Quilts enhance their appeal, as both segments demonstrate unique strengths in catering to distinct market needs, thus driving overall market growth.

    By Application: Industrial Insulation (Largest) vs. Passive Fire Protection (Fastest-Growing)

    The Aerogel Blanket Market is primarily driven by the Industrial Insulation segment, which holds a significant share due to its extensive application in various industries, including aerospace, construction, and energy. This segment is favored for its excellent thermal insulation properties, making it an ideal choice for industrial facilities requiring high-performance insulation solutions. Meanwhile, the Passive Fire Protection segment is experiencing rapid growth, attributed to increasing safety regulations and a heightened awareness of fire hazards across various sectors. With substantial investments in fire safety measures, this segment is on an upward trajectory, showcasing the versatility of aerogel blankets in contemporary applications.

    Industrial Insulation (Dominant) vs. Passive Fire Protection (Emerging)

    The Industrial Insulation segment stands out as the dominant player in the Aerogel Blanket Market due to its extensive use in enhancing the energy efficiency of industrial processes. This segment is characterized by its applications in power generation, oil refineries, and chemical processing plants, where maintaining optimal temperatures is crucial. On the other hand, Passive Fire Protection is emerging, focusing on minimizing fire spread and enhancing building safety. This growing segment leverages aerogel blankets' lightweight and non-combustible features, positioning them as a crucial component in modern building codes and safety regulations. As both segments advance, the innovation in aerogel technology continues to enhance their respective market positions.

    By Material: Silica-based Aerogel (Largest) vs. Carbon-based Aerogel (Fastest-Growing)

    The material segment of the Aerogel Blanket Market is prominently dominated by silica-based aerogels, which account for the largest share due to their excellent thermal insulation properties and established manufacturing processes. This segment has been the cornerstone of many applications, providing reliable protection in various industries. In contrast, carbon-based aerogels are emerging quickly, driven by advancements in production techniques and their lightweight properties, positioning them as a competitive alternative in the market.

    Silica-based Aerogel (Dominant) vs. Carbon-based Aerogel (Emerging)

    Silica-based aerogel holds a dominant position in the Aerogel Blanket Market, attributed to its exceptional thermal insulating capabilities and robust performance in harsh environments. This material has been widely adopted across sectors like aerospace, construction, and oil and gas, where thermal management is crucial. On the other hand, carbon-based aerogel represents an emerging trend, capturing attention due to its unique properties, such as lightweight and high conductivity, making it ideal for innovative applications. As sustainable technology becomes more pivotal, carbon-based aerogels are expected to gain traction, showcasing a promising growth trajectory.

    By End-User Industry: Power Generation (Largest) vs. Transportation (Fastest-Growing)

    The Aerogel Blanket Market demonstrates a well-distributed market share among various end-user industries. Power Generation holds the largest share, leveraging the need for thermal insulation and energy efficiency in energy production processes. Following closely are the Petrochemicals and Pharmaceuticals, showcasing significant demand for aerogel blankets in insulation applications that ensure optimal operational conditions. Transportation, while currently smaller in market share, is rapidly gaining traction due to the ongoing advancements in fuel efficiency and lightweight materials.

    Power Generation: Dominant vs. Transportation: Emerging

    Power Generation is a dominant segment in the Aerogel Blanket Market, characterized by its extensive application of aerogels for thermal insulation in power plants and electrical applications. The necessity for energy efficiency leads to a high demand for aerogel blankets within this sector. Conversely, the Transportation segment is emerging, driven by innovations in lightweight materials and a growing emphasis on reducing vehicle weight to enhance fuel efficiency. This segment is witnessing rapid growth as automotive manufacturers seek to incorporate advanced thermal insulation solutions, allowing for better performance and compliance with stringent environmental regulations.

    Get more detailed insights about Aerogel Blanket Market

    Regional Insights

    North America : Innovation and Demand Surge

    North America is the largest market for aerogel blankets, accounting for approximately 45% of the global share. The region's growth is driven by increasing demand in the oil and gas, aerospace, and construction sectors, alongside stringent energy efficiency regulations. The U.S. government has implemented various initiatives to promote the use of advanced materials, further boosting market growth. The competitive landscape is dominated by key players such as Aspen Aerogels, Cabot Corporation, and Dow Inc., which are investing heavily in R&D to enhance product performance. The presence of these established companies, along with a growing number of startups, fosters innovation and competition. The U.S. and Canada are the leading countries in this region, contributing significantly to market expansion.

    Europe : Sustainable Solutions Focus

    Europe is the second-largest market for aerogel blankets, holding around 30% of the global market share. The region's growth is propelled by increasing regulations aimed at reducing carbon emissions and enhancing energy efficiency. The European Union's Green Deal and various national policies are significant catalysts for the adoption of aerogel technologies in construction and industrial applications. Leading countries in this region include Germany, France, and the UK, where companies like BASF SE are at the forefront of innovation. The competitive landscape is characterized by a mix of established firms and emerging players, all striving to meet the growing demand for sustainable insulation solutions. The focus on eco-friendly materials is reshaping the market dynamics in Europe.

    Asia-Pacific : Rapid Industrialization and Growth

    Asia-Pacific is witnessing rapid growth in the aerogel blanket market, driven by industrialization and increasing investments in infrastructure. The region holds approximately 20% of the global market share, with countries like China and India leading the charge. Government initiatives aimed at enhancing energy efficiency and reducing environmental impact are significant growth drivers. China is home to key players such as Nano High-Tech and Guangdong Alison Hi-Tech, which are expanding their production capabilities to meet rising demand. The competitive landscape is evolving, with both local and international companies vying for market share. The increasing focus on advanced materials in construction and manufacturing sectors is expected to further propel market growth in this region.

    Middle East and Africa : Resource-Rich and Emerging Market

    The Middle East and Africa region is gradually emerging in the aerogel blanket market, holding about 5% of the global share. The growth is primarily driven by the oil and gas sector, where aerogels are increasingly used for insulation in extreme environments. Additionally, government initiatives aimed at diversifying economies and enhancing energy efficiency are fostering market development. Countries like the UAE and South Africa are leading the way, with investments in advanced materials technology. The competitive landscape is still developing, with a few key players and several local firms beginning to explore aerogel applications. As awareness of aerogel benefits grows, the market is expected to expand significantly in the coming years.

    Key Players and Competitive Insights

    The Aerogel Blanket Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for lightweight, high-performance insulation materials across various industries, including construction, aerospace, and oil and gas. Key players such as Aspen Aerogels (US), Cabot Corporation (US), and BASF SE (DE) are strategically positioned to leverage their technological advancements and extensive product portfolios. Aspen Aerogels (US) focuses on innovation, particularly in enhancing the thermal performance of its aerogel products, while Cabot Corporation (US) emphasizes sustainability through the development of eco-friendly aerogel solutions. BASF SE (DE) is actively pursuing partnerships to expand its market reach, indicating a collaborative approach to growth. Collectively, these strategies contribute to a competitive environment that is increasingly centered on technological differentiation and sustainability.

    In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains, which is particularly crucial in the context of rising global demand. The market structure appears moderately fragmented, with several players vying for market share, yet the influence of major companies remains significant. This competitive structure allows for a diverse range of products and innovations, fostering an environment where companies must continuously adapt to maintain their competitive edge.

    In August 2025, Aspen Aerogels (US) announced the launch of a new line of aerogel blankets specifically designed for the aerospace sector, which is expected to enhance thermal insulation in aircraft. This strategic move not only showcases Aspen's commitment to innovation but also positions the company to capture a growing segment of the aerospace market, where performance and weight reduction are critical. The introduction of this product line may significantly bolster Aspen's market presence and revenue streams.

    In September 2025, Cabot Corporation (US) revealed its plans to invest in a new manufacturing facility in the United States aimed at increasing production capacity for its aerogel products. This investment underscores Cabot's strategy to meet the rising demand for high-performance insulation materials while also enhancing its operational efficiency. By expanding its manufacturing capabilities, Cabot is likely to strengthen its competitive position and respond more effectively to customer needs.

    In July 2025, BASF SE (DE) entered into a strategic partnership with a leading construction firm to develop innovative insulation solutions utilizing aerogel technology. This collaboration is indicative of BASF's approach to integrating its materials science expertise with practical applications in construction, potentially leading to new product offerings that address energy efficiency and sustainability. Such partnerships may enhance BASF's market penetration and foster innovation in aerogel applications.

    As of October 2025, the Aerogel Blanket Market is witnessing trends that emphasize digitalization, sustainability, and the integration of artificial intelligence in product development. Strategic alliances are increasingly shaping the competitive landscape, allowing companies to pool resources and expertise to drive innovation. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on technological advancements, sustainability, and supply chain reliability, suggesting a transformative shift in how companies position themselves in the market.

    Key Companies in the Aerogel Blanket Market market include

    Industry Developments

    The Aerogel Blanket Market is projected to grow from an estimated USD 1.73 billion in 2023 to USD 3.58 billion by 2032, exhibiting a CAGR of 8.43% during the forecast period. Rising demand for energy-efficient building materials, increasing awareness of thermal insulation, and growing adoption in various end-use industries are major factors driving market growth. Recent developments include the launch of new products with enhanced thermal conductivity and fire resistance, as well as strategic partnerships and acquisitions among key players. Government regulations promoting energy efficiency and sustainable construction practices are further expected to bolster market growth in the coming years.

    Future Outlook

    Aerogel Blanket Market Future Outlook

    The Aerogel Blanket Market is projected to grow at an 8.43% CAGR from 2024 to 2035, driven by advancements in insulation technology, increasing energy efficiency demands, and expanding applications in various industries.

    New opportunities lie in:

    • Development of customized aerogel solutions for aerospace applications.
    • Expansion into emerging markets with tailored insulation products.
    • Partnerships with renewable energy firms for innovative thermal management solutions.

    By 2035, the Aerogel Blanket Market is expected to achieve substantial growth, solidifying its position as a leader in advanced insulation solutions.

    Market Segmentation

    Aerogel Blanket Market Type Outlook

    • Aerogel Blankets
    • Aerogel Quilts
    • Aerogel Rolls
    • Aerogel Panels
    • Aerogel Mats

    Aerogel Blanket Market Material Outlook

    • Silica-based Aerogel
    • Carbon-based Aerogel
    • Polymer-based Aerogel
    • Composite Aerogel

    Aerogel Blanket Market Application Outlook

    • Industrial Insulation
    • Passive Fire Protection
    • Cryogenic Storage
    • Oil and Gas Industry
    • Automotive

    Aerogel Blanket Market End-User Industry Outlook

    • Power Generation
    • Petrochemicals
    • Pharmaceuticals
    • Transportation
    • Construction

    Report Scope

    MARKET SIZE 20242.027(USD Billion)
    MARKET SIZE 20252.198(USD Billion)
    MARKET SIZE 20354.939(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)8.43% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for energy-efficient insulation solutions drives innovation in the Aerogel Blanket Market.
    Key Market DynamicsRising demand for energy-efficient insulation drives innovation and competition in the Aerogel Blanket market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Leave a Comment

    FAQs

    What is the projected market valuation of the Aerogel Blanket Market by 2035?

    The Aerogel Blanket Market is projected to reach a valuation of 4.939 USD Billion by 2035.

    What was the market valuation of the Aerogel Blanket Market in 2024?

    In 2024, the Aerogel Blanket Market had a valuation of 2.027 USD Billion.

    What is the expected CAGR for the Aerogel Blanket Market during the forecast period 2025 - 2035?

    The expected CAGR for the Aerogel Blanket Market during the forecast period 2025 - 2035 is 8.43%.

    Which companies are considered key players in the Aerogel Blanket Market?

    Key players in the Aerogel Blanket Market include Aspen Aerogels, Cabot Corporation, BASF SE, Dow Inc., Aerogel Technologies, Nano High-Tech, JIOS Aerogel, and Guangdong Alison Hi-Tech.

    What are the main types of aerogel products in the market?

    The main types of aerogel products include Aerogel Blankets, Aerogel Quilts, Aerogel Rolls, Aerogel Panels, and Aerogel Mats.

    What is the projected market size for Aerogel Blankets by 2035?

    The projected market size for Aerogel Blankets is expected to reach 1.469 USD Billion by 2035.

    How does the market for silica-based aerogels compare to carbon-based aerogels?

    By 2035, the market for silica-based aerogels is projected to reach 1.95 USD Billion, while carbon-based aerogels may reach 1.48 USD Billion.

    What applications are driving growth in the Aerogel Blanket Market?

    Key applications driving growth include Industrial Insulation, Passive Fire Protection, Cryogenic Storage, Oil and Gas Industry, and Automotive.

    What is the expected market size for the Industrial Insulation segment by 2035?

    The Industrial Insulation segment is projected to reach a market size of 1.95 USD Billion by 2035.

    Which end-user industries are expected to contribute to the growth of the Aerogel Blanket Market?

    End-user industries such as Power Generation, Petrochemicals, Pharmaceuticals, Transportation, and Construction are expected to contribute to market growth.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions