エアロゲル市場：市場規模・シェア・動向・予測、種類別、形状別、処理状態別、用途別、地域別（2025～2033年）

世界のエアロゲルの市場規模は、2024年に10億3,120万米ドルとなりました。今後、IMARC Groupは、市場は2033年までに21億4,410万米ドルに達し、2025年から2033年にかけて8.5%のCAGRを示すと予測しています。現在、北米が市場を独占しており、2024年には44.2％以上の大きな市場シェアを占めています。市場を牽引しているのは、エネルギー効率の高い建材、高度な断熱材に対する需要の高まり、再生可能エネルギーへの投資の増加、研究開発に対する政府の支援、コスト削減と性能向上を実現する製造技術の進歩といった要因です。

エアロゲル市場は、軽量で断熱性に優れ、航空宇宙、建設、エネルギー産業での使用に最適であるなど、いくつかの重要な要因によって牽引されています。エネルギー効率の高い素材に対する需要の高まりと断熱性能の向上が、エアロゲルの採用に大きく寄与しています。エアロゲルはまた、宇宙探査や軍事用途のような極限環境でも優れた性能を発揮し、市場の可能性を高めています。さらに、持続可能なソリューションへの注目が高まっていることも、環境に優しい材料から作られることが多いエアロゲルへの関心を高めています。例えば、2024年4月、SA-Dynamics社は、100％バイオベースのエアロゲル繊維を使用したバイオベースでリサイクル可能な断熱繊維を発表しました。最大90％の空気をナノ細孔に封じ込めたこの認定繊維は、化石燃料由来の素材と同等の断熱性を提供します。SA-Dynamicsは、化石由来の素材をバイオ由来の素材に置き換えることで、建築業界を変革しようとしています。さらに、業界が革新的で高性能なソリューションを求めているため、生産コストを下げ、材料特性を向上させる新しい製造技術の調査により、市場の拡大が見込まれています。

米国では、エネルギー効率の高い建築材料や高度な断熱ソリューションに対する需要の高まりといった要因が、エアロゲル市場の見通しを牽引しています。航空宇宙・防衛分野が大きく貢献しており、エアロゲルは航空機や宇宙船向けに軽量で高性能な断熱材を提供しています。再生可能エネルギー、特に太陽光発電への投資の増加も、太陽熱システムにおけるエアロゲルの需要を押し上げています。研究開発を支援する政府のイニシアチブは、持続可能で環境に優しい材料を求める動きとともに、市場の成長をさらに加速させています。さらに、コストを下げ、エアロゲルの特性を向上させる新しい製造技術の出現は、建設、石油・ガス、自動車などの産業での採用を強化し、米国での市場全体の拡大を促進しています。例えば、2024年8月、MITからスピンアウトしたAeroShield Materials社は、建築環境におけるエネルギー効率アプリケーションのための革新的な技術を創造しており、マサチューセッツ州ウォルサムにエアロゲル断熱材の新しい製造施設を開設し、新たな投資家であるMassMutual Ventures社、既存の投資家であるMassVentures社、Massachusetts Clean Energy Center社の支援を受けて500万米ドルを追加調達しました。

エアロゲル市場動向：

石油・ガスセクターからの製品需要の増加

米国の経済見通しの強まりとバンカーリングの増加により、世界の石油消費量は1Q24に予想を上回る1.7mb/dの増加が見込まれます。この拡大がエアロゲルの採用を後押しします。石油・ガス産業におけるエアロゲル材料の使用拡大も、エアロゲル市場予測の有望な将来性に寄与しています。石油・ガス産業では、この種の材料コーティングを絶縁体として使用しています。石油・ガス産業では、大量の原料油を移動させるためにパイプを使用します。これらのコーティングの化学的不活性と漏れを止める能力は、パイプの断熱とセキュリティに優れています。これらの材料で作られたブランケットは、建築分野でも壁や屋根の断熱材として使用されています。新しい構造物の建設だけでなく、老朽化した歴史的構造物やインフラの改修も市場の成長を促進しています。他の伝統的な断熱材に比べて大幅に軽量化できるため、その応用レベルは高まっています。エアロゲルの市場規模は、このような要因によって大きな伸びを示しています。

従来の断熱材に比べて軽く薄い

エアロゲルは、その組成の99％以上が空気または気体であるため、非常に軽量です。例えば、従来の最も軽い断熱材のひとつであるスプレーフォームの密度が8kg/m3であるのに対し、エアロゲルの密度は0.001gm/cm3と非常に小さいのです。また、エアロゲルは耐熱性（R値）が高いため、耐熱塗料として使用されることがほとんどです。さらに、エアロゲル層を薄くすることで、発泡プラスチックやガラスに匹敵する断熱効果が得られます。例えば、XPS、EPS、PUなどのプラスチックフォームの熱感度値は、それぞれ5/インチ、4/インチ、6/インチ程度ですが、エアロゲルは10/インチ程度です。したがって、グラスファイバーや発泡プラスチックのような従来の断熱塗料と比較すると、エアロゲルはR 4の目標値で25%、R 12の目標値で18～23%のコスト削減が可能です。報告書によると、この要因がエアロゲル市場の需要増加に大きく寄与しています。

電気自動車の生産増加

電気自動車（EV）用バッテリーの省エネ断熱材とバッテリー技術の急速な進歩は、エアゾール市場概要の大きなシェアを促進すると予想されます。多くの相手先商標製品メーカー（OEM）やバッテリーパックメーカーは、競争の激化と低燃費車に対する消費者の需要から、電気自動車用バッテリーの性能向上に常に取り組んでいます。エアロゲルは自己消火性があり、火災に強いです。バッテリーセルで熱暴走が起きても、隣接するセルに熱や火が広がるのを防いでくれます。さらに、頑丈なエアロゲル断熱材は、自動車のドアフレーム、ルーフ、ボンネットに使用され、従来の発泡素材の50％のスペースしか必要としません。エアロゲルは、より少ないエネルギーで、より優れたパッシブな車内気候管理を実現します。

目次

第1章 序文

第2章 分析範囲・手法

• 分析目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 分析手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

第5章 世界のエアロゲル市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場内訳：種類別
• 市場内訳：形状別
• 市場内訳：処理状態別
• 市場内訳：用途別
• 市場内訳：地域別
• 市場予測

第6章 SWOT分析

第7章 バリューチェーン分析

第8章 ポーターのファイブフォース分析

第9章 市場内訳：種類別

• シリカ
• ポリマー
• 炭素
• その他

第10章 市場内訳：形状別

• ブランケット
• 粒子
• パネル
• モノリス

第11章 市場内訳：処理状態別

• バージン（未使用）
• 複合材料
• 添加剤

第12章 市場内訳：用途別

• 石油・ガス
• 建設業
• 輸送機械
• エレクトロニクス
• その他

第13章 市場内訳：地域別

• 北米
• 欧州
• アジア太平洋地域
• 中東・アフリカ
• ラテンアメリカ

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Aspen Aerogels, Inc.
  • BASF SE
  • Cabot Corporation
  • The Dow Chemical Company
  • JIOS Aerogel Corporation
  • Svenska Aerogel Holding AB
  • Enersens SAS
  • Active Aerogels
  • Nano Tech Co., Ltd.
  • Guangdong Alison Hi-Tech Co., Ltd.
  • Intelligent Insulation Ltd.
  • Surnano Aerogel Co. Ltd.
  • Taasi Corporation
  • Protective Polymers Ltd
  • Green Earth Aerogel Technology SL

List of Figures

• Figure 1: Global: Aerogel Market: Major Drivers and Challenges
• Figure 2: Global: Aerogel Market: Sales Value (in Million USD), 2019-2024
• Figure 3: Global: Aerogel Market: Breakup by Type (in %), 2024
• Figure 4: Global: Aerogel Market: Breakup by Form (in %), 2024
• Figure 5: Global: Aerogel Market: Breakup by Processing (in %), 2024
• Figure 6: Global: Aerogel Market: Breakup by Application (in %), 2024
• Figure 7: Global: Aerogel Market: Breakup by Region (in %), 2024
• Figure 8: Global: Aerogel Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 9: Global: Aerogel Industry: SWOT Analysis
• Figure 10: Global: Aerogel Industry: Value Chain Analysis
• Figure 11: Global: Aerogel Industry: Porter's Five Forces Analysis
• Figure 12: Global: Aerogel (Silica) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Aerogel (Silica) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Aerogel (Polymer) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Aerogel (Polymer) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Aerogel (Carbon) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Aerogel (Carbon) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Aerogel (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Aerogel (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Aerogel (Blanket) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Aerogel (Blanket) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: Global: Aerogel (Particle) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: Global: Aerogel (Particle) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: Global: Aerogel (Panel) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: Global: Aerogel (Panel) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: Global: Aerogel (Monolith) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: Global: Aerogel (Monolith) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: Global: Aerogel (Virgin) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: Global: Aerogel (Virgin) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: Global: Aerogel (Composites) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: Global: Aerogel (Composites) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: Global: Aerogel (Additives) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: Global: Aerogel (Additives) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: Global: Aerogel (Oil and Gas) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: Global: Aerogel (Oil and Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: Global: Aerogel (Construction) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: Global: Aerogel (Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: Global: Aerogel (Transportation) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: Global: Aerogel (Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: Global: Aerogel (Electronics) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: Global: Aerogel (Electronics) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: Global: Aerogel (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: Global: Aerogel (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: North America: Aerogel Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: North America: Aerogel Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: Europe: Aerogel Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: Europe: Aerogel Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: Asia Pacific: Aerogel Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: Asia Pacific: Aerogel Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: Middle East and Africa: Aerogel Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: Middle East and Africa: Aerogel Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: Latin America: Aerogel Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: Latin America: Aerogel Market Forecast: Sales Value (in Million USD), 2025-2033

List of Tables

• Table 1: Global: Aerogel Market: Key Industry Highlights, 2024 and 2033
• Table 2: Global: Aerogel Market Forecast: Breakup by Type (in Million USD), 2025-2033
• Table 3: Global: Aerogel Market Forecast: Breakup by Form (in Million USD), 2025-2033
• Table 4: Global: Aerogel Market Forecast: Breakup by Processing (in Million USD), 2025-2033
• Table 5: Global: Aerogel Market Forecast: Breakup by Application (in Million USD), 2025-2033
• Table 6: Global: Aerogel Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 7: Global: Aerogel Market: Competitive Structure
• Table 8: Global: Aerogel Market: Key Players

The global aerogel market size was valued at USD 1,031.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,144.1 Million by 2033 exhibiting a CAGR of 8.5% during 2025-2033. North America currently dominates the market, holding a significant market share of over 44.2% in 2024. The market is driven by factors such as the growing demand for energy-efficient building materials, advanced thermal insulation, increased investment in renewable energy, government support for R&D, and advancements in manufacturing technologies that reduce costs and improve performance.

The aerogel market is driven by several key factors, including its lightweight, insulating properties, which make it ideal for use in aerospace, construction, and energy industries. The growing demand for energy-efficient materials and advancements in thermal insulation are major contributors to its adoption. Aerogels also offer superior performance in extreme environments, such as space exploration and military applications, boosting their market potential. Additionally, the increasing focus on sustainable solutions fuels interest in aerogels as they are often made from eco-friendly materials. For instance, in April 2024, SA-Dynamics introduced bio-based and recyclable insulation textiles using 100% bio-based aerogel fibers. With up to 90% of the air trapped in nanopores, these approved fabrics provide insulation on par with materials derived from fossil fuels. SA-Dynamics intends to transform the building industry by substituting bio-based materials for fossil-based ones. Moreover, research into new manufacturing techniques that lower production costs and enhance material properties is expected to expand the market, as industries seek innovative and high-performance solutions.

In the United States, the aerogel market outlook is driven by factors such as the growing demand for energy-efficient building materials and advanced thermal insulation solutions. The aerospace and defense sectors are significant contributors, with aerogels offering lightweight, high-performance insulation for aircraft and spacecraft. Increased investment in renewable energy, particularly solar power, also boosts the demand for aerogels in solar thermal systems. Government initiatives supporting research and development, along with the push for sustainable, eco-friendly materials, further accelerate market growth. Additionally, the emergence of new manufacturing technologies that lower costs and improve the properties of aerogels is enhancing their adoption in industries such as construction, oil and gas, and automotive, driving overall market expansion in the U.S. For instance, in August 2024, MIT spin-out AeroShield Materials, which is creating innovative technology for energy efficiency applications in the built environment, opened a new manufacturing facility for aerogel insulation in Waltham, Massachusetts, and raised an additional $5 million with the help of new investor MassMutual Ventures and existing investors MassVentures and Massachusetts Clean Energy Center.

Aerogel Market Trends:

Increasing Product Demand from the Oil and Gas Sector

The global oil consumption is expected to rise by more robust than expected 1.7 mb/d in 1Q24 due to strengthening US economic forecasts and rising bunkering. This expansion will support the adoption of aerogel. The growing use of aerogel materials in the oil and gas industry also contributes to the promising future of the aerogel market forecast. The oil and gas sector uses these types of material coatings as insulators. The oil and gas industry uses pipes to move large amounts of raw oil. These coatings' chemical inertness and ability to stop leaks make them excellent for pipe insulation and security. These blankets made of these materials are also used as insulation for walls and roofs in the construction sector. The creation of new structures as well as the renovation of ageing historic structures and infrastructure are driving market growth. Their application levels have increased due to their significant weight reduction compared to other traditional insulation materials. The aerogel market size thus shows significant growth due to this factor.

Lighter and Thinner Compared to Conventional Insulations

Aerogel is extremely light in weight because over 99 percent of its composition is air or gas. For instance, spray foam, one of the lightest conventional insulators, has a density of 8 kg/m3, whereas aerogel has a density as low as 0.001 gm/cm3. Moreover, aerogels are mostly used as heat-resistant coatings because of their higher heat resistance (R value). Furthermore, a thinner aerogel layer can have an insulating effect comparable to plastic foam and glass. For instance, plastic foam varieties such as XPS, EPS, and PU have heat sensitivity values of roughly 5 per inch, 4 per inch, and 6 per inch, respectively, but the aerogel has a value of about 10 per inch. Therefore, when compared to traditional insulating coatings like fiberglass and plastic foam, aerogel offers 25% cost savings for target values of R 4 and 18-23% cost savings for target values of R 12. According to the report, this factor is significantly contributing to the rising aerogel market demands..

Increasing Production of Electric Vehicles

Energy-saving insulation for electric vehicle (EV) batteries and the fast advancement of battery technologies are expected to propel a significant share of the aerosol market overview. Many original equipment manufacturers (OEMs) and battery pack manufacturers are always working to enhance the performance of electric car batteries because of heightened competition and consumer demand for fuel-efficient vehicles. Aerogels can self-extinguish and are resistant to fire. They prevent the heat and fire from spreading to neighboring cells in the event of a thermal runaway in battery cells. Moreover, sturdy aerogel insulation is used in car door frames, roofs, and hoods and takes up only 50% of the space required by conventional foam materials. Aerogel uses less energy and provides better passive in-cabin climate management.

Aerogel Industry Segmentation:

Analysis by Type:

• Silica
• Polymer
• Carbon
• Others

Silica leads the market with around 64.8% of market share in 2024. Silica is contributing largely to the aerogel market statistics. Silica is a chemical component composed of silicon and oxygen atoms. It is abundant in nature and can be found in various forms, including quartz, sand, and glass. It is used in making aerogels, which exhibit low thermal conductivity and are suitable for insulating applications in extreme temperature environments. Silica aerogels can be made transparent, allowing them to be used in optics and photonics applications. They have a low refractive index, which means they do not bend light significantly. This property is advantageous in optical applications. Silica aerogels are also used as catalyst supports in chemical processes due to their high surface area and porosity.

Analysis by Form:

• Blanket
• Particle
• Panel
• Monolith

Blanket leads the market with around 65.0% of aerogel market share in 2024. An aerogel blanket, also known as an aerogel insulation blanket, is a type of thermal insulation material that utilizes aerogel technology to provide excellent thermal resistance while being lightweight and flexible. It is used to insulate walls, roofs, and floors in residential and commercial buildings, helping to improve energy efficiency and lower costs associated with heating and cooling. It is also used in pipelines and equipment to maintain temperature and reduce heat loss in oil and gas processing facilities. In addition, it is employed in cryogenic systems to insulate against the loss of cryogenic temperatures. Furthermore, it is integrated into various high-performance outdoor clothing to provide lightweight and effective insulation, thus bolstering the aerogel demand.

Analysis by Processing:

• Virgin
• Composites
• Additives

Virgin aerogels are the dominant processing segment in the global market. Typically, this type is not modified or functionalized with other substances. They are aerogels in their pure, unaltered form, meaning they have not been chemically modified or combined with other substances to enhance their properties or functionality. Depending on the desired properties, virgin aerogels can be modified by adding other materials or functional groups to achieve specific performance characteristics. Moreover, virgin aerogels can be used as insulating materials in construction, industrial equipment, and even clothing to provide superior thermal insulation without adding significant weight. They can also be used to clean up oil spills by selectively absorbing oil while repelling water.

Analysis by Application:

• Oil and Gas
• Construction
• Transportation
• Electronics
• Others

Oil and gas lead the market with around 61.0% of market share in 2024. Aerogels can be used in oil spill cleanup operations. These materials can absorb large quantities of oil while repelling water, making them highly effective at cleaning up oil spills on water surfaces. They can be used in the form of aerogel blankets or floating devices to contain and absorb spilled oil. Aerogels can serve as a support material for catalysts in various chemical processes used in the oil and gas industry. Their high surface area and porous structure provide an ideal environment for catalytic reactions, improving the efficiency of processes, such as hydrocracking and hydrotreating. Furthermore, their low density can also reduce the overall density of the drilling mud, which can be beneficial in controlling formation pressures. This, in turn, is bolstering the aerogel market revenue.

Regional Analysis:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

In 2024, North America accounted for the largest market share of over 44.2%. North America significantly contributes to the aerogel market recent developments due to the increasing environmental awareness among the masses and rising focus on reducing the carbon footprint to prevent pollution and global warming. Besides this, the rising purchase of electronics and various smart devices is propelling the growth of the market. Apart from this, the increasing purchase of electric vehicles (EVs) as a sustainable alternative to fuel-dependent cars is contributing to the market growth. For instance, as per industry reports, during the third quarter of 2024 in Canada, 75,636 zero-emission vehicles were newly registered, out of which battery EVs accounted for 74% of the registrations. Additionally, the rising oil and gas exploration activities to fulfill increasing energy demands are supporting the growth of the market.

Key Regional Takeaways:

United States Aerogel Market Analysis

In 2024, the United States accounted for the market share of over 85.00%. In terms of growth, the United States market is experiencing considerable growth due to recent improvements in material science and demand from various industries for energy efficiency solutions. Aerogel, recognized by its superior properties, which include low density, high thermal resistance, and great insulation, has become a significant material in various applications, and it is being fast-tracked in industries like aerospace, construction, and automobile, where high-performance insulation is the requirement.

The increasing importance of energy efficiency, especially in building materials and insulation systems, drives demand for aerogel. Since aerogel provides unmatched thermal performance compared to conventional insulation materials, it is finding a more preferred solution to cut energy consumption and increase sustainability.

Furthermore, the strong expansion of the U.S. oil and gas sector has helped spur growth in the market. According to an industrial report, the United States increased crude oil production by 12.9 million b/d by the year 2023; 8.5% compared to the year 2022's output at 11.9 million b/d. With that in mind, production rise within the Permian and gulf region means refineries and transportation systems should keep looking towards using improved versions of insulators like aerogel for high operations in those industries. The combined demand from energy, industrial, and sustainability-focused applications positions the U.S. aerogel market in a continued growth trajectory.

Europe Aerogel Market Analysis

The Europe aerogel market is witnessing significant growth driven by stringent energy efficiency regulations, sustainability goals, and advancements in material science. The adoption of the recast Energy Performance of Buildings Directive (EPBD) in May 2024 mandates all new residential and non-residential buildings to be zero-emission by 2028 for public buildings and 2030 for others, creating a strong demand for high-performance insulation materials like aerogel. Additionally, the European Union's focus on reducing carbon emissions and achieving sustainability targets has bolstered the adoption of aerogel for its lightweight, energy-efficient, and environmentally friendly properties. The region's growing construction sector, particularly in green building projects, and increasing R&D investments in aerogel production technologies further support market expansion. Furthermore, aerogel's versatility in industrial applications, such as oil and gas pipeline insulation and aerospace, is driving its adoption across diverse sectors, solidifying its role in Europe's sustainability initiatives.

The increasing emphasis on retrofitting older buildings to meet modern energy standards also fuels the demand for aerogel-based insulation solutions. Moreover, collaborations between aerogel manufacturers and construction companies to develop innovative, cost-effective products are expected to enhance market penetration in the coming years.

Asia Pacific Aerogel Market Analysis

Asia Pacific factors are significantly contributing to the growth of the aerogel market in the region. The Asia-Pacific (APAC) region is a major player in the global oil and gas industry, supplying 10%-15% of global needs while also being the largest consumer of oil and gas. This dynamic creates strong opportunities for alternative energy solutions, including the adoption of aerogel for high-performance insulation applications in the oil and gas sector. Additionally, China's 14th Five-Year Plan, which emphasizes investment in infrastructure projects, energy efficiency, and green building development, is driving demand for sustainable materials like aerogel. With an estimated USD 4.2 Trillion allocated for new infrastructure projects between 2021 and 2025, including retrofitting over 350 million square meters of buildings and constructing net-zero-energy buildings, the market for energy-efficient insulation materials is poised for growth. The need for lightweight, high-performance insulating materials like aerogel in both the construction and energy sectors further supports the expanding demand in the Asia Pacific aerogel market.

Latin America Aerogel Market Analysis

As per industry reports, Brazil leads Latin America and the Caribbean in key infrastructure and construction projects, with numerous developments in the pipeline as of February 2023. This surge in construction activity is a significant growth driver for the Latin American aerogel market. Aerogel's superior thermal insulating properties make it an ideal material for use in energy-efficient buildings, helping to meet the region's increasing demand for sustainable and energy-efficient construction solutions. In addition, countries like Chile, Mexico, Colombia, and Peru, which also have over USD 100 Billion in infrastructure projects under development, further contribute to the growing demand for advanced materials like aerogel in the construction sector. As the region increasingly focuses on sustainable building practices and energy-efficient infrastructure, the adoption of aerogel products is expected to rise across various sectors, including residential, commercial, and industrial construction. This trend is further reinforced by government incentives and regulations promoting green building standards and energy efficiency.

Middle East and Africa Aerogel Market Analysis

Countries in the Middle East, such as the UAE and Saudi Arabia, are making significant investments in large-scale infrastructure projects, including smart cities and sustainable buildings, which are driving the growth of the aerogel market in the region. A prime example is Saudi Arabia's Neom City, a mega-project that emphasizes energy efficiency and the use of advanced materials. This focus on sustainable development and the incorporation of energy-efficient technologies is leading to an increased adoption of aerogel insulation, known for its superior thermal performance. Additionally, the UAE and Oman have set ambitious targets to achieve net-zero emissions by 2050, while Saudi Arabia, Bahrain, and Kuwait have committed to this goal by 2060. In line with these initiatives, the UAE has pledged to reduce emissions by 19% by 2030. As the region prioritizes eco-friendly construction practices and strives to meet its environmental targets, the demand for aerogel products, offering enhanced insulation and energy savings, continues to rise, further driving market growth across the Middle East and Africa.

Competitive Landscape:

Key market players are investing in research operations to improve aerogel materials and develop new applications, which include enhancing the performance characteristics, reducing production costs, and expanding the range of aerogel products available. Additionally, they are investigating various aerogel applications, propelling the market's expansion. For instance, in October 2024, The US Department of Energy granted loan of USD 670.6 million to Aspen Aerogels for facilitating the construction of a new production plant that will be manufacturing aerogel thermal barriers for vehicles. Furthermore, leading organizations are concentrating on employing renewable ingredients, using green production techniques, and making aerogel products more ecologically friendly to satisfy clients who care about the environment. Key companies are actively promoting and informing prospective clients about the advantages of aerogels. To assist clients in incorporating aerogels into their goods and procedures, they are also holding workshops, and seminars, and offering technical assistance.

The report provides a comprehensive analysis of the competitive landscape in the aerogel market with detailed profiles of all major companies, including:

• Aspen Aerogels, Inc.
• BASF SE
• Cabot Corporation
• The Dow Chemical Company
• JIOS Aerogel Corporation
• Svenska Aerogel Holding AB
• Enersens SAS
• Active Aerogels
• Nano Tech Co., Ltd.
• Guangdong Alison Hi-Tech Co., Ltd.
• Intelligent Insulation Ltd.
• Surnano Aerogel Co. Ltd.
• Taasi Corporation
• Protective Polymers Ltd
• Green Earth Aerogel Technology SL

Key Questions Answered in This Report

• 1.What is aerogel?
• 2.How big is the aerogel market?
• 3.What is the CAGR of the aerogel Market?
• 4.What are the key factors driving the global aerogel market?
• 5.What is the leading segment of the global aerogel market based on the type?
• 6.What is the leading segment of the global aerogel market based on form?
• 7.What is the leading segment of the global aerogel market based on processing?
• 8.What is the leading segment of the global aerogel market based on application?
• 9.What are the key regions in the global aerogel market?
• 10.Who are the key players/companies in the global aerogel market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Aerogel Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Type
• 5.5 Market Breakup by Form
• 5.6 Market Breakup by Processing
• 5.7 Market Breakup by Application
• 5.8 Market Breakup by Region
• 5.9 Market Forecast

6 SWOT Analysis

• 6.1 Overview
• 6.2 Strengths
• 6.3 Weaknesses
• 6.4 Opportunities
• 6.5 Threats

7 Value Chain Analysis

8 Porter's Five Forces Analysis

• 8.1 Overview
• 8.2 Bargaining Power of Buyers
• 8.3 Bargaining Power of Suppliers
• 8.4 Degree of Competition
• 8.5 Threat of New Entrants
• 8.6 Threat of Substitutes

9 Market Breakup by Type

• 9.1 Silica
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Polymer
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Carbon
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Others
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast

10 Market Breakup by Form

• 10.1 Blanket
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Particle
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Panel
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Monolith
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast

11 Market Breakup by Processing

• 11.1 Virgin
  • 11.1.1 Market Trends
  • 11.1.2 Market Forecast
• 11.2 Composites
  • 11.2.1 Market Trends
  • 11.2.2 Market Forecast
• 11.3 Additives
  • 11.3.1 Market Trends
  • 11.3.2 Market Forecast

12 Market Breakup by Application

• 12.1 Oil and Gas
  • 12.1.1 Market Trends
  • 12.1.2 Market Forecast
• 12.2 Construction
  • 12.2.1 Market Trends
  • 12.2.2 Market Forecast
• 12.3 Transportation
  • 12.3.1 Market Trends
  • 12.3.2 Market Forecast
• 12.4 Electronics
  • 12.4.1 Market Trends
  • 12.4.2 Market Forecast
• 12.5 Others
  • 12.5.1 Market Trends
  • 12.5.2 Market Forecast

13 Market Breakup by Region

• 13.1 North America
  • 13.1.1 Market Trends
  • 13.1.2 Market Forecast
• 13.2 Europe
  • 13.2.1 Market Trends
  • 13.2.2 Market Forecast
• 13.3 Asia Pacific
  • 13.3.1 Market Trends
  • 13.3.2 Market Forecast
• 13.4 Middle East and Africa
  • 13.4.1 Market Trends
  • 13.4.2 Market Forecast
• 13.5 Latin America
  • 13.5.1 Market Trends
  • 13.5.2 Market Forecast

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Aspen Aerogels, Inc.
  • 14.3.2 BASF SE
  • 14.3.3 Cabot Corporation
  • 14.3.4 The Dow Chemical Company
  • 14.3.5 JIOS Aerogel Corporation
  • 14.3.6 Svenska Aerogel Holding AB
  • 14.3.7 Enersens SAS
  • 14.3.8 Active Aerogels
  • 14.3.9 Nano Tech Co., Ltd.
  • 14.3.10 Guangdong Alison Hi-Tech Co., Ltd.
  • 14.3.11 Intelligent Insulation Ltd.
  • 14.3.12 Surnano Aerogel Co. Ltd.
  • 14.3.13 Taasi Corporation
  • 14.3.14 Protective Polymers Ltd
  • 14.3.15 Green Earth Aerogel Technology SL