Aerogel Market Report 2026

The aerogel market size has grown rapidly in recent years. It will grow from $1.73 billion in 2025 to $2 billion in 2026 at a compound annual growth rate (CAGR) of 15.7%. The growth in the historic period can be attributed to growth of energy industry, expansion of insulation materials, increasing industrial applications, availability of silica aerogels, rising demand for energy efficiency.

The aerogel market size is expected to see rapid growth in the next few years. It will grow to $3.55 billion in 2030 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to growth in sustainable construction, rising aerospace investments, expansion of electric vehicles, advancements in aerogel manufacturing, increasing demand for high performance insulation. Major trends in the forecast period include rising demand for thermal insulation materials, increasing use in oil and gas applications, growing adoption in building insulation, expansion of aerogels in aerospace, rising focus on lightweight materials.

The increasing demand from the construction industry is expected to drive the growth of the aerogel market in the coming years. The construction sector involves the building and maintenance of infrastructure, buildings, and various physical structures, encompassing activities such as planning, design, financing, and execution. Aerogels are widely used in this sector as lightweight insulation materials, enhancing energy efficiency and architectural insulation due to their low thermal conductivity and high porosity. For example, in July 2023, the Australian Bureau of Statistics, an Australian government agency, reported that the number of dwellings under construction increased to 240,813 in the March quarter of 2023, up from 240,065 in 2022. Of these, new houses totaled 103,778 in 2023, compared to 101,240 the previous year. Therefore, the rising demand within the construction industry is contributing to the growth of the aerogel market.

Major companies in the aerogel market are introducing innovative solutions, such as aerogel particles designed for use in lithium-ion battery thermal barriers. Aerogel particles are materials derived from gels in which the liquid component is replaced with gas, resulting in a solid characterized by extremely low density and thermal conductivity. For example, in May 2023, Cabot Corporation, a U.S.-based manufacturer of performance and specialty chemicals, launched the ENTERA aerogel particle portfolio. These particles serve as thermal insulation additives that allow for the development of ultra-thin thermal barriers for electric vehicle (EV) lithium-ion batteries. The portfolio includes three materials - ENTERA EV5200, ENTERA EV5400, and ENTERA EV5800 - with particle sizes ranging from microns to millimeters. These materials can be integrated into thermal barrier formats such as blankets, cushions, sheets, films, foams, and coatings. ENTERA aerogel is also up to 20 times lighter than conventional insulation additives and contains more than 90% air, making it an efficient and lightweight solution.

In September 2024, Armacell, a U.S.-based manufacturer of insulation materials, acquired JIOS’s stake in Armacell JIOS Aerogels Limited for an undisclosed amount. This acquisition enables Armacell to expand its aerogel manufacturing capabilities, particularly in the energy sector. Armacell JIOS Aerogels has built a strong market presence with its ArmaGel product line, designed for high-temperature and cryogenic insulation applications. Armacell JIOS Aerogels Limited is a Singapore-based developer and producer of silica aerogel blankets.

Major companies operating in the aerogel market are BASF SE, The Dow Chemical Company, Evonik Industries AG, Cabot Corporation, Alkegen, Armacell International S.A, Aspen Aerogels Inc., Nano High-Tech Co. Ltd., Aerosafe Global, Blueshift Materials Inc, Solarcore, Svenska Aerogel Holding AB, ENERSENS, Green Earth Aerogel Technologies, TAASI Corporation, Guangdong Alison Hi-Tech Co. Ltd., Aerogel Technologies LLC, Active Aerogels, Thermablok Aerogels Ltd., THERMULON LTD.

North America was the largest region in the aerogel market in 2025. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerogel market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerogel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerogel market consists of sales of starch aerogel, resorcinol formaldehyde aerogel, titania aerogel, alumina aerogel, and alginate aerogel. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.