Aerogel Market

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Aerogel Market by Type (Silica, Polymer, Carbon), Form (Blanket, Panel, Particle, and Monolith), Processing (As Manufactured, Composites), Application (Energy Industrial, Transportation, Architecture & Construction), and Region - Global Forecast to 2029

FREE BROCHURE FREE SAMPLE REPORT
Report Code: CH 2967 Jul, 2024, by marketsandmarkets.com

Aerogel Market

The global polyhydroxyalkanoate market is valued at USD 0.9 billion in 2024 and is projected to reach USD 1.6 billion by 2029, growing at 12.8% cagr from 2024 to 2029. One of the major reasons that are driving the aerogel market are the mounting demand for high quality aerogels and new energy efficiency regulations. Also, technological advancements in the aerogels such as nano composting, supercritical drying, and sol-gel process are pushing the market. Among them, the supercritical drying technology can economically scaled up to large scale. For instance, Aspen Aerogel, and other key players are using the same technology to manufacture aerogel materials to support the rising demand from end use industries such as oil & gas and transportation. Due to these reasons, the consumption of aerogels has grown significantly.

Aerogel Market

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Aerogel Market

Aerogel Market Dynamics

Driver: Mounting technological advancements in aerogels

Advancements in aerogel manufacturing technological developments are driving the aerogel market. Advancements in aerogels have enabled the ideal attributes of aerogels, making them cost-effective and scalable and versatile in their applications. Also, enhanced techniques in manufacturing increased consistency and quality, opening wider accessibility to aerogels for general applications across industries such as construction, aerospace, electronics, and healthcare. In addition, new formulations and composited aerogels have been researched in order to enhance functionality and allow for tailored solutions to enable specific performance in any particular application. As technology continues to improve, aerogels will continue to play ever more integral roles in advancing the cause for improved energy efficiency, sustainability, and performance across a variety of sectors, which in turn fuels growth in the aerogel market.

Restraints: Low mechanical strength

The low mechanical strength of aerogels is a considerable restraint in the aerogel market. As aerogels are notable in lightweight and thermal insulation, their mechanical strength is low. This can inhibit their usage in construction and petrochemical applications, where strength and durability are necessary, also transportation sectors requiring materials able of resisting mechanical stress. Even though advancements in strengthening techniques such as strengthening with polymers and nanoparticles, delivering these mechanical constraints remains a key challenge.

Opportunities: mounted demand for sustainable solutions

The rising demand for sustainable solutions is generating significant opportunities in the aerogel market. Aerogels are identified for their superior thermal insulation properties and low weight, which provides energy efficiency and reduces environmental impacts around several industries. Also, as the regulations strengthen and consciousness of climate change raises, the focus on accepting eco-environmentally friendly materials like aerogels in construction, automotive, and aerospace sectors is intensified. It improves energy efficiency in buildings, decreases fuel consumption in automobiles, and increases performance in aerospace functions. This trend sites aerogels as paramount solutions in reaching sustainable development goal line globally.

Challenges: low cost alternatives

The accessibility of low-cost alternatives is a substantial challenge for the aerogels. Although aerogels provides extraordinary thermal insulation, thin and lightweight properties. Their manufacturing costs stay reasonably high related to usual insulation materials like wool. This cost difference can prevent possible customers, mainly in industries where cost are otmost important. Moreover, the competition from cheap alternatives complicate the acceptance of aerogel materials even with their better performance, for example such as wool, fiberglass,  and foam. Aerogel producers and scientists are continuously discovering ways to reduce manufacturing costs and enhance cost-efficacy to remain competitive.

Aerogel Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of aerogels. These companies have been in business for a while and have a broad range of products, cutting-edge technologies, and robust international sales and marketing networks. Prominent companies in this market include Aspen Aerogels, Inc. (US), Cabot Corporation (US), Armacell International S.A. (Luxembourg), Nano Tech Co., Ltd. (China), Zhejiang UGOO Technology Co., Ltd. (China), Guangdong Alison Technology Co., Ltd. (China), Aerogel Technologies, LLC (US), Enersens (France), aerogel-it GmbH (Germany), and among others.

Aerogel Market Ecosystem

Based on type, polymer segment projected to register the highest CAGR in aerogel market, in terms of value, during forecast period.

The polymer type of aerogels is projected to be the fastest growing segment in the aerogel market due to their versality and prospects. The advantages of polymer aerogels are also they are flexible, durable, and easy to process compared to the traditional silica aerogels. These materials are preferred all the more in the industries where application specific solutions are desired which include packaging, coatings, and biomedical applications where performance standards are important. due to recent developments in the chemistry involved in the production of polymers as well as the technology used in the manufacturing process this Technological development has also lead to the scalability of polymers thus increasing it’s usage. Moreover, the probability of new application development in sectors such as aerospace, automotive as well as electronics that seek lightweight and higher durability materials for manufacture precipitates the development of polymer aerogels in the market.

Based on application, transportation is projected to register the highest CAGR in aerogel market, in terms of value, during forecast period.

The growth of transportation application in the aerogel market is attributed to the rising applications for aerogels in automotive and aerospace. These aerogels are widely used in electric vehicle (EV) batteries for insulation due to their lightweight and superior thermal properties to increase lifespan and enhance battery performance. This is crucial as the global EV market expanding which further projected to drive demand for efficient thermal management solutions.

North America was the largest and projected to be the fastest-growing region, in terms of value, during the forecast period in the aerogel market.

The North America region leads the global aerogel market due to the presence of major players in end-use industries such as oil & gas, power generation, construction, transportation and others. North America is the fastest growing region in the market because of its strong focus on energy efficiency and strict building regulations in oil & gas and construction industry. The transportation sector including aerospace and automotive also uses aerogels for their lightweight and thermal insulation properties. These properties increases performance within transportation applications for instance battery insulation. These factors emphasis North America's crucial market share in the growing aerogel market.

Aerogel Market by Region

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Aerogel Market Players

Aspen Aerogels, Inc. (US), Cabot Corporation (US), Armacell International S.A. (Luxembourg), Nano Tech Co., Ltd. (China), Zhejiang UGOO Technology Co., Ltd. (China), Guangdong Alison Technology Co., Ltd. (China), Beerenberg AS (Norway), Aerogel Technologies, LLC (US), Enersens (France), IBIH Advanced Materials Co., Ltd. (China), aerogel-it GmbH (Germany), and among others, these are the key manufacturers that secured major market share in the last few years.

Aerogel Market Report Scope

Report Metric

Details

Years considered for the study

2017–2029

Base year considered

2023

Forecast period

2024–2029

Units considered

Volume (Ton) and Value (USD Thousand)

Segments Covered

Type, Form, Processing, Application, and Region

Regions covered

Asia Pacific, North America, Europe, Middle East & Africa, and South America

Companies profiled

The key players profiled in the report include Aspen Aerogels, Inc. (US), Cabot Corporation (US), Armacell International S.A. (Luxembourg), Nano Tech Co., Ltd. (China), Zhejiang UGOO Technology Co., Ltd. (China), Guangdong Alison Technology Co., Ltd. (China), Beerenberg AS (Norway), Aerogel Technologies, LLC (US), Enersens (France), IBIH Advanced Materials Co., Ltd. (China), aerogel-it GmbH (Germany), and among others.

This report categorizes the global Aerogel Market based on material type, application, and region.

On the basis of type, the Aerogel Market has been segmented as follows:
  • Silica
  • Polymer
  • Carbon
  • Others
On the basis of Form, the Aerogel Market has been segmented as follows:
  • Blanket
  • Panel
  • Powder
  • Monolith
On the basis of Processing, the Aerogel Market has been segmented as follows:
  • As Manufactured (Virgin)
  • Composites
  • Additives
On the basis of application, the Aerogel Market has been segmented as follows:
  • Energy Industrial
  • Transportation
  • Architecture & Construction
  • Others
On the basis of region, the Aerogel Market has been segmented as follows:
  • Asia Pacific
  • Europe
  • North America
  • Middle East & Arica
  • South America

Recent Developments

  • In June 2023, Aspen Aerogels, Inc. has opened a new cutting-edge engineering and rapid prototyping facility in Marlborough, Massachusetts.
  • In May 2023, Cabot Corporation has introduced a ultra-thin thermal barriers ENTERA products (ENTERA EV5200, ENTERA EV5400 and ENTERA EV5800) for Lithium-ION Batteries.
  • In May 2022, Armacell International S.A. acquired the Knauf Ceiling Solutions manufacturing site in Münster, Germany.
  • In September 2023, Beerenberg AS entered into a distribution agreement with aerogel-it GmbH to introduce Oryza Aerogel insulation products to the European market.
  • In March 2023,  Enersens scaled up the production capacity of its SKOGAR products after it became the winner of the EIC Accelerator program.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 21)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 AEROGEL MARKET: INCLUSIONS & EXCLUSIONS
           1.2.2 AEROGEL MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY TYPE
           1.2.3 AEROGEL MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY FORM
           1.2.4 AEROGEL MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY PROCESSING
           1.2.5 AEROGEL MARKET: MARKET DEFINITIONS AND INCLUSIONS, BY APPLICATION
    1.3 MARKET SCOPE 
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED
           1.3.3 CURRENCY CONSIDERED
           1.3.4 UNITS CONSIDERED
    1.4 STAKEHOLDERS 
    1.5 SUMMARY OF CHANGES 
           1.5.1 IMPACT OF RECESSION
 
2 RESEARCH METHODOLOGY (Page No. - 27)
    2.1 RESEARCH DATA 
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews - demand and supply sides
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION 
    2.4 GROWTH FORECASTS 
           2.4.1 SUPPLY SIDE
           2.4.2 DEMAND SIDE
    2.5 IMPACT OF RECESSION 
    2.6 ASSUMPTIONS 
    2.7 LIMITATIONS 
    2.8 RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 38)
 
4 PREMIUM INSIGHTS (Page No. - 41)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AEROGEL MARKET 
    4.2 NORTH AMERICA AEROGEL MARKET, BY APPLICATION AND COUNTRY 
    4.3 AEROGEL MARKET, BY REGION 
    4.4 AEROGEL MARKET, BY APPLICATION AND REGION, 2023 
    4.5 AEROGEL MARKET, BY KEY COUNTRY 
 
5 MARKET OVERVIEW (Page No. - 44)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 DRIVERS
                    5.2.1.1 Superior thermal resistance
                    5.2.1.2 Stringent energy efficiency regulations
                    5.2.1.3 Rising technological advancements and innovations
           5.2.2 RESTRAINTS
                    5.2.2.1 High manufacturing costs
                    5.2.2.2 Poor mechanical strength
           5.2.3 OPPORTUNITIES
                    5.2.3.1 New applications in apparel market
                    5.2.3.2 Growing applications in day-lighting segment
                    5.2.3.3 Growing demand from aviation industry
                    5.2.3.4 Increasing demand for sustainable solutions
           5.2.4 CHALLENGES
                    5.2.4.1 Cost competitive alternatives
    5.3 PORTER'S FIVE FORCES ANALYSIS 
           5.3.1 THREAT OF SUBSTITUTES
           5.3.2 THREAT OF NEW ENTRANTS
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 MACROECONOMIC INDICATORS 
           5.4.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
 
6 INDUSTRY TRENDS (Page No. - 54)
    6.1 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.1.1 KEY STAKEHOLDERS IN BUYING PROCESS
           6.1.2 BUYING CRITERIA
    6.2 SUPPLY CHAIN ANALYSIS 
           6.2.1 RAW MATERIAL SUPPLIER
           6.2.2 MANUFACTURER
           6.2.3 DISTRIBUTION NETWORK
           6.2.4 END-USE INDUSTRY
    6.3 ECOSYSTEM ANALYSIS 
    6.4 CASE STUDIES 
           6.4.1 RETROFIT OF ROOFING SYSTEM - DEDMON ATHLETIC CENTER, RADFORD UNIVERSITY
           6.4.2 ENHANCING STEAM NETWORK EFFICIENCY AT DUKE UNIVERSITY
           6.4.3 ENHANCING LNG FACILITY PERFORMANCE WITH CRYOGEL Z
    6.5 REGULATORY LANDSCAPE 
           6.5.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.6 TECHNOLOGY ANALYSIS 
           6.6.1 KEY TECHNOLOGIES
                    6.6.1.1 Sol-gel process
                    6.6.1.2 Supercritical drying
                    6.6.1.3 Nano compositing
           6.6.2 COMPLEMENTARY TECHNOLOGIES
                    6.6.2.1 Freeze drying (Lyophilization)
                    6.6.2.2 3D printing
    6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES 
           6.7.1 REVENUE SHIFT & NEW REVENUE POCKETS IN AEROGEL MARKET
    6.8 TRADE DATA STATISTICS 
           6.8.1 IMPORT DATA
           6.8.2 EXPORT DATA
    6.9 KEY CONFERENCES & EVENTS 
    6.10 PRICING ANALYSIS 
           6.10.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION
           6.10.2 AVERAGE SELLING PRICE TREND, BY REGION
    6.11 INVESTMENT AND FUNDING SCENARIO 
    6.12 PATENT ANALYSIS 
           6.12.1 APPROACH
           6.12.2 PATENT TYPE
           6.12.3 TOP APPLICANTS
           6.12.4 JURISDICTION ANALYSIS
 
7 AEROGEL MARKET, BY FORM (Page No. - 77)
    7.1 INTRODUCTION 
    7.2 BLANKET 
    7.3 PARTICLE 
    7.4 PANEL 
    7.5 MONOLITH 
 
8 AEROGEL MARKET, BY TYPE (Page No. - 82)
    8.1 INTRODUCTION 
    8.2 SILICA 
    8.3 POLYMER 
    8.4 CARBON 
    8.5 OTHERS 
           8.5.1 METAL OXIDE
           8.5.2 MIXED METAL OXIDE
           8.5.3 METAL CHALCOGENIDES
           8.5.4 METAL
 
9 AEROGEL MARKET, BY PROCESSING (Page No. - 91)
    9.1 INTRODUCTION 
    9.2 AS MANUFACTURED (VIRGIN) 
    9.3 COMPOSITES 
    9.4 ADDITIVES 
 
10 AEROGEL MARKET, BY APPLICATION (Page No. - 95)
     10.1 INTRODUCTION 
     10.2 ENERGY INDUSTRIAL 
             10.2.1 OIL REFINING AND NATURAL GAS & LNG TO DRIVE SEGMENT
     10.3 TRANSPORTATION 
             10.3.1 EXTENSIVE USE IN EV BATTERIES AND AEROSPACE INDUSTRY TO DRIVE MARKET
             10.3.2 AEROSPACE
             10.3.3 AUTOMOTIVE
             10.3.4 MARINE
             10.3.5 RAILWAY
     10.4 ARCHITECTURE & CONSTRUCTION 
             10.4.1 CHANGING CLIMATIC CONDITIONS WORLDWIDE TO DRIVE SEGMENT
     10.5 OTHER APPLICATIONS 
 
11 AEROGEL MARKET, BY REGION (Page No. - 108)
     11.1 INTRODUCTION 
     11.2 NORTH AMERICA 
             11.2.1 RECESSION IMPACT
             11.2.2 NORTH AMERICA AEROGEL MARKET, BY APPLICATION
             11.2.3 NORTH AMERICA AEROGEL MARKET, BY COUNTRY
                        11.2.3.1 US
                                     11.2.3.1.1 Emergence of EVs to increase demand for aerogels
                        11.2.3.2 Canada
                                     11.2.3.2.1 Cold climatic conditions to increase adoption in different applications
                        11.2.3.3 Mexico
                                     11.2.3.3.1 Developing automotive industry to propel market
     11.3 ASIA PACIFIC 
             11.3.1 RECESSION IMPACT
             11.3.2 ASIA PACIFIC AEROGEL MARKET, BY APPLICATION
             11.3.3 ASIA PACIFIC AEROGEL MARKET, BY COUNTRY
                        11.3.3.1 China
                                     11.3.3.1.1 Increasing investment in oil & gas companies to boost demand
     11.4 EUROPE 
             11.4.1 RECESSION IMPACT
             11.4.2 EUROPE AEROGEL MARKET, BY APPLICATION
             11.4.3 EUROPE AEROGEL MARKET, BY COUNTRY
                        11.4.3.1 Germany
                                     11.4.3.1.1 Established automotive industry to drive market
                        11.4.3.2 France
                                     11.4.3.2.1 Growth in transportation and construction industries to drive market
                        11.4.3.3 UK
                                     11.4.3.3.1 Regulations in construction industry to generate demand
     11.5 MIDDLE EAST & AFRICA 
             11.5.1 RECESSION IMPACT
             11.5.2 MIDDLE EAST & AFRICA AEROGEL MARKET, BY APPLICATION
     11.6 SOUTH AMERICA 
             11.6.1 RECESSION IMPACT
             11.6.2 SOUTH AMERICA AEROGEL MARKET, BY APPLICATION
 
12 COMPETITIVE LANDSCAPE (Page No. - 137)
     12.1 INTRODUCTION 
     12.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 
     12.3 MARKET SHARE ANALYSIS 
     12.4 REVENUE ANALYSIS OF MAJOR PLAYERS 
     12.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
             12.5.5 COMPANY FOOTPRINT, 2023
                        12.5.5.1 Company footprint
                        12.5.5.2 Region footprint
                        12.5.5.3 Type footprint
                        12.5.5.4 Form footprint
                        12.5.5.5 Application footprint
                        12.5.5.6 Processing footprint
     12.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 RESPONSIVE COMPANIES
             12.6.3 DYNAMIC COMPANIES
             12.6.4 STARTING BLOCKS
             12.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
                        12.6.5.1 Aerogel market: Detailed list of key start-ups/SMEs
                        12.6.5.2 Aerogel market: Competitive benchmarking of key start-ups/SMEs
     12.7 COMPANY EVALUATION AND FINANCIAL METRICS 
     12.8 BRAND/PRODUCT COMPARISONS 
     12.9 COMPETITIVE SCENARIO AND TRENDS 
             12.9.1 PRODUCT LAUNCHES
             12.9.2 DEALS
             12.9.3 EXPANSIONS
             12.9.4 OTHER DEVELOPMENTS
 
13 COMPANY PROFILES (Page No. - 161)
     13.1 MAJOR PLAYERS 
(Business overview, Products/Solutions/Services offered, Recent Developments, Deals, Expansions, Other developments, MnM view, Right to Win, Strategic choices, Weaknesses and competitive threats) *
             13.1.1 ASPEN AEROGELS, INC.
             13.1.2 CABOT CORPORATION
             13.1.3 ARMACELL INTERNATIONAL S.A.
             13.1.4 ZHEJIANG UGOO TECHNOLOGY CO., LTD.
             13.1.5 NANO TECH CO., LTD.
             13.1.6 GUANGDONG ALISON TECHNOLOGY CO., LTD.
             13.1.7 BEERENBERG AS
             13.1.8 AEROGEL TECHNOLOGIES, LLC
             13.1.9 ENERSENS
             13.1.10 IBIH ADVANCED MATERIAL CO., LTD.
             13.1.11 AEROGEL-IT GMBH
             13.1.12 JIOS AEROGEL PTE LTD.
             13.1.13 BLUESHIFT MATERIALS INC.
             13.1.14 GUIZHOU AEROSPACE WUJIANG ELECTRO-MECHANICAL EQUIPMENT CO., LTD
             13.1.15 SVENSKA AEROGEL HOLDING AB
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, Deals, Expansions, Other developments, MnM view, Right to Win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
     13.2 STARTUP/SMES 
             13.2.1 CNCEC HUALU NEW MATERIALS CO., LTD.
             13.2.2 TAASI CORPORATION
             13.2.3 AEROBEL BV
             13.2.4 HEBEI JINNA TECHNOLOGY CO., LTD
             13.2.5 PANASONIC INDUSTRY CO., LTD.
             13.2.6 ACTIVE AEROGELS
             13.2.7 SHENZHEN AEROGEL TECHNOLOGY CO., LTD.
             13.2.8 AEROGEL UK LTD
             13.2.9 NAMATE NEW MATERIALS TECHNOLOGY CO., LTD.
             13.2.10 THERMABLOK AEROGELS LTD
             13.2.11 ZHONGKE RUNZI TECHNOLOGY CO., LTD.
             13.2.12 UNINANO ADVANCED MATERIALS CO., LTD
             13.2.13 NINGBO SURNANO AEROGEL CO., LTD
             13.2.14 KEEY AEROGEL
             13.2.15 SUNTHRU
             13.2.16 DOW INC.
 
14 ADJACENT & RELATED MARKETS (Page No. - 214)
     14.1 INTRODUCTION 
     14.2 LIMITATION 
     14.3 INSULATION PRODUCTS MARKET 
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
     14.4 INSULATION PRODUCTS MARKET, BY REGION 
             14.4.1 NORTH AMERICA
             14.4.2 EUROPE
             14.4.3 ASIA PACIFIC
             14.4.4 MIDDLE EAST & AFRICA
             14.4.5 SOUTH AMERICA
 
15 APPENDIX (Page No. - 220)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 
 
 
LIST OF TABLES (224 TABLES)
 
TABLE 1 AEROGEL MARKET: RISK ASSESSMENT
TABLE 2 THERMAL CONDUCTIVITY OF DIFFERENT INSULATION MATERIALS
TABLE 3 ENERGY EFFICIENCY REGULATIONS
TABLE 4 DAY-LIGHTING: SYSTEMS AND BENEFITS OF AEROGEL
TABLE 5 AEROGEL MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 6 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION)
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
TABLE 8 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 9 AEROGEL MARKET: ROLE IN ECOSYSTEM
TABLE 10 NORTH AMERICA: REGULATIONS FOR AEROGELS
TABLE 11 EUROPE: REGULATIONS FOR AEROGELS
TABLE 12 ASIA PACIFIC: REGULATIONS FOR AEROGELS
TABLE 13 MIDDLE EAST & AFRICA: REGULATIONS FOR AEROGELS
TABLE 14 SOUTH AMERICA: REGULATIONS FOR AEROGELS
TABLE 15 IMPORT OF AEROGELS, BY REGION, 2018–2022 (USD BILLION)
TABLE 16 EXPORT OF AEROGELS, BY REGION, 2018–2022 (USD BILLION)
TABLE 17 AEROGELS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
TABLE 18 AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR TOP THREE APPLICATIONS (USD/KG)
TABLE 19 AVERAGE SELLING PRICE TREND OF AEROGEL, BY REGION, 2022–2029 (USD/KG)
TABLE 20 PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND GRANTED PATENTS
TABLE 21 MAJOR PATENTS FOR AEROGELS
TABLE 22 PATENTS BY L'ORÉAL GROUP
TABLE 23 PATENTS BY ASPEN AEROGELS, INC.
TABLE 24 TOP 10 PATENT OWNERS IN US, 2013–2023
TABLE 25 AEROGEL MARKET, BY FORM, 2017–2022 (USD THOUSAND)
TABLE 26 AEROGEL MARKET, BY FORM, 2023–2029 (USD THOUSAND)
TABLE 27 AEROGEL MARKET, BY FORM, 2017–2022 (TON)
TABLE 28 AEROGEL MARKET, BY FORM, 2023–2029 (TON)
TABLE 29 ADVANTAGES OF AEROGEL BLANKET FORM
TABLE 30 ADVANTAGES OF AEROGEL PANEL FORM
TABLE 31 AEROGEL MARKET, BY TYPE, 2017–2022 (USD THOUSAND)
TABLE 32 AEROGEL MARKET, BY TYPE, 2023–2029 (USD THOUSAND)
TABLE 33 AEROGEL MARKET, BY TYPE, 2017–2022 (TON)
TABLE 34 AEROGEL MARKET, BY TYPE, 2023–2029 (TON)
TABLE 35 PROPERTIES OF SILICA AEROGEL
TABLE 36 PROPERTIES OF ORGANIC POLYMER AEROGEL
TABLE 37 BENEFITS AND APPLICATIONS OF POLYIMIDE AEROGEL
TABLE 38 PROPERTIES OF CARBON AEROGEL
TABLE 39 OTHER TYPES OF AEROGEL
TABLE 40 COLORS OF METAL OXIDE AEROGELS
TABLE 41 PROPERTIES OF METAL OXIDE AEROGEL
TABLE 42 PROPERTIES OF METAL CHALCOGENIDE AEROGEL
TABLE 43 PROPERTIES OF METAL AEROGEL
TABLE 44 AEROGEL MARKET, BY PROCESSING, 2017–2022 (USD THOUSAND)
TABLE 45 AEROGEL MARKET, BY PROCESSING, 2023–2029 (USD THOUSAND)
TABLE 46 AEROGEL MARKET, BY PROCESSING, 2017–2022 (TON)
TABLE 47 AEROGEL MARKET, BY PROCESSING, 2023–2029 (TON)
TABLE 48 AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 49 AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 50 AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 51 AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 52 ADVANTAGES OF AEROGEL IN ENERGY INDUSTRIAL APPLICATION
TABLE 53 ENERGY INDUSTRIAL: AEROGEL MARKET, BY REGION, 2017–2022 (USD THOUSAND)
TABLE 54 ENERGY INDUSTRIAL: AEROGEL MARKET, BY REGION, 2023–2029 (USD THOUSAND)
TABLE 55 ENERGY INDUSTRIAL: AEROGEL MARKET, BY REGION, 2017–2022 (TON)
TABLE 56 ENERGY INDUSTRIAL: AEROGEL MARKET, BY REGION, 2023–2029 (TON)
TABLE 57 AEROGEL APPLICATIONS IN TRANSPORTATION
TABLE 58 TRANSPORTATION: AEROGEL MARKET, BY REGION, 2017–2022 (USD THOUSAND)
TABLE 59 TRANSPORTATION: AEROGEL MARKET, BY REGION, 2023–2029 (USD THOUSAND)
TABLE 60 TRANSPORTATION: AEROGEL MARKET, BY REGION, 2017–2022 (TON)
TABLE 61 TRANSPORTATION: AEROGEL MARKET, BY REGION, 2023–2029 (TON)
TABLE 62 ADVANTAGES OF AEROGEL IN ARCHITECTURE & CONSTRUCTION APPLICATION
TABLE 63 ARCHITECTURE & CONSTRUCTION: AEROGEL MARKET, BY REGION, 2017–2022 (USD THOUSAND)
TABLE 64 ARCHITECTURE & CONSTRUCTION: AEROGEL MARKET, BY REGION, 2023–2029 (USD THOUSAND)
TABLE 65 ARCHITECTURE & CONSTRUCTION: AEROGEL MARKET, BY REGION, 2017–2022 (TON)
TABLE 66 ARCHITECTURE & CONSTRUCTION: AEROGEL MARKET, BY REGION, 2023–2029 (TON)
TABLE 67 OTHER APPLICATIONS: AEROGEL MARKET, BY REGION, 2017–2022 (USD THOUSAND)
TABLE 68 OTHER APPLICATIONS: AEROGEL MARKET, BY REGION, 2023–2029 (USD THOUSAND)
TABLE 69 OTHER APPLICATIONS: AEROGEL MARKET, BY REGION, 2017–2022 (TON)
TABLE 70 OTHER APPLICATIONS: AEROGEL MARKET, BY REGION, 2023–2029 (TON)
TABLE 71 AEROGEL MARKET, BY REGION, 2017–2022 (USD THOUSAND)
TABLE 72 AEROGEL MARKET, BY REGION, 2023–2029 (USD THOUSAND)
TABLE 73 AEROGEL MARKET, BY REGION, 2017–2022 (TON)
TABLE 74 AEROGEL MARKET, BY REGION, 2023–2029 (TON)
TABLE 75 NORTH AMERICA AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 76 NORTH AMERICA AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 77 NORTH AMERICA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 78 NORTH AMERICA AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 79 NORTH AMERICA: AEROGEL MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)
TABLE 80 NORTH AMERICA: AEROGEL MARKET, BY COUNTRY, 2023–2029 (USD THOUSAND)
TABLE 81 NORTH AMERICA: AEROGEL MARKET, BY COUNTRY, 2017–2022 (TON)
TABLE 82 NORTH AMERICA: AEROGEL MARKET, BY COUNTRY, 2023–2029 (TON)
TABLE 83 US: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 84 US: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 85 US: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 86 US: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 87 CANADA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 88 CANADA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 89 CANADA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 90 CANADA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 91 MEXICO: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 92 MEXICO: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 93 MEXICO: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 94 MEXICO: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 95 ASIA PACIFIC: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 96 ASIA PACIFIC: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 97 ASIA PACIFIC: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 98 ASIA PACIFIC: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 99 ASIA PACIFIC: AEROGEL MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)
TABLE 100 ASIA PACIFIC: AEROGEL MARKET, BY COUNTRY, 2023–2029 (USD THOUSAND)
TABLE 101 ASIA PACIFIC: AEROGEL MARKET, BY COUNTRY, 2017–2022 (TON)
TABLE 102 ASIA PACIFIC: AEROGEL MARKET, BY COUNTRY, 2023–2029 (TON)
TABLE 103 CHINA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 104 CHINA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 105 CHINA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 106 CHINA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 107 EUROPE: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 108 EUROPE: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 109 EUROPE: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 110 EUROPE: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 111 EUROPE: AEROGEL MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)
TABLE 112 EUROPE: AEROGEL MARKET, BY COUNTRY, 2023–2029 (USD THOUSAND)
TABLE 113 EUROPE: AEROGEL MARKET, BY COUNTRY, 2017–2022 (TON)
TABLE 114 EUROPE: AEROGEL MARKET, BY COUNTRY, 2023–2029 (TON)
TABLE 115 GERMANY: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 116 GERMANY: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 117 GERMANY: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 118 GERMANY: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 119 FRANCE: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 120 FRANCE: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 121 FRANCE: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 122 FRANCE: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 123 UK: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 124 UK: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 125 UK: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 126 UK: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 127 MIDDLE EAST & AFRICA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 128 MIDDLE EAST & AFRICA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 129 MIDDLE EAST & AFRICA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 130 MIDDLE EAST & AFRICA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 131 SOUTH AMERICA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)
TABLE 132 SOUTH AMERICA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (USD THOUSAND)
TABLE 133 SOUTH AMERICA: AEROGEL MARKET, BY APPLICATION, 2017–2022 (TON)
TABLE 134 SOUTH AMERICA: AEROGEL MARKET, BY APPLICATION, 2023–2029 (TON)
TABLE 135 OVERVIEW OF STRATEGIES ADOPTED BY KEY AEROGEL MANUFACTURERS
TABLE 136 AEROGEL MARKET: DEGREE OF COMPETITION
TABLE 137 AEROGEL MARKET: REGION FOOTPRINT
TABLE 138 AEROGEL MARKET: TYPE FOOTPRINT
TABLE 139 AEROGEL MARKET: FORM FOOTPRINT
TABLE 140 AEROGEL MARKET: APPLICATION FOOTPRINT
TABLE 141 AEROGEL MARKET: PROCESSING FOOTPRINT
TABLE 142 AEROGEL MARKET: PRODUCT LAUNCHED, JANUARY 2019–MAY 2024
TABLE 143 AEROGEL MARKET: DEALS, JANUARY 2019–MAY 2024
TABLE 144 AEROGEL MARKET: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 145 AEROGEL MARKET: OTHER DEVELOPMENTS, JANUARY 2019–MAY 2024
TABLE 146 ASPEN AEROGELS, INC.: COMPANY OVERVIEW
TABLE 147 ASPEN AEROGELS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 148 ASPEN AEROGELS, INC.: DEALS, JANUARY 2019–MAY 2024
TABLE 149 ASPEN AEROGELS, INC.: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 150 ASPEN AEROGELS, INC.: OTHER DEVELOPMENTS, JANUARY 2019–MAY 2024
TABLE 151 CABOT CORPORATION: COMPANY OVERVIEW
TABLE 152 CABOT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 153 CABOT CORPORATION: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024
TABLE 154 CABOT CORPORATION: DEALS, JANUARY 2019–MAY 2024
TABLE 155 CABOT CORPORATION: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 156 ARMACELL INTERNATIONAL S.A.: COMPANY OVERVIEW
TABLE 157 ARMACELL INTERNATIONAL S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 ARMACELL INTERNATIONAL S.A.: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024
TABLE 159 ARMACELL INTERNATIONAL S.A.: DEALS, JANUARY 2019–MAY 2024
TABLE 160 ARMACELL INTERNATIONAL S.A.: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 161 ZHEJIANG UGOO TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
TABLE 162 ZHEJIANG UGOO TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 163 ZHEJIANG UGOO TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024
TABLE 164 NANO TECH CO., LTD.: COMPANY OVERVIEW
TABLE 165 NANO TECH CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 GUANGDONG ALISON TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
TABLE 167 GUANGDONG ALISON TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
TABLE 168 BEERENBERG AS: COMPANY OVERVIEW
TABLE 169 BEERENBERG AS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 170 BEERENBERG AS: DEALS, JANUARY 2019–MAY 2024
TABLE 171 BEERENBERG AS: OTHER DEVELOPMENTS, JANUARY 2019–MAY 2024
TABLE 172 AEROGEL TECHNOLOGIES, LLC: COMPANY OVERVIEW
TABLE 173 AEROGEL TECHNOLOGIES, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 174 ENERSENS: COMPANY OVERVIEW
TABLE 175 ENERSENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 176 ENERSENS: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 177 IBIH ADVANCED MATERIAL CO., LTD.: COMPANY OVERVIEW
TABLE 178 IBIH ADVANCED MATERIAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 179 IBIH ADVANCED MATERIAL CO., LTD.: DEALS, JANUARY 2019–MAY 2024
TABLE 180 AEROGEL-IT GMBH: COMPANY OVERVIEW
TABLE 181 AEROGEL-IT GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 182 AEROGEL-IT GMBH: DEALS, JANUARY 2019–MAY 2024
TABLE 183 AEROGEL-IT GMBH: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 184 JIOS AEROGEL PTE LTD: COMPANY OVERVIEW
TABLE 185 JIOS AEROGEL PTE LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 186 JIOS AEROGEL PTE LTD: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 187 JIOS AEROGEL PTE LTD: OTHER DEVELOPMENTS, JANUARY 2019–MAY 2024
TABLE 188 BLUESHIFT MATERIALS INC.: COMPANY OVERVIEW
TABLE 189 BLUESHIFT MATERIALS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 190 BLUESHIFT MATERIALS INC.: DEALS, JANUARY 2019–MAY 2024
TABLE 191 GUIZHOU AEROSPACE WUJIANG ELECTRO-MECHANICAL EQUIPMENT CO., LTD: COMPANY OVERVIEW
TABLE 192 GUIZHOU AEROSPACE WUJIANG ELECTRO-MECHANICAL EQUIPMENT CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 193 SVENSKA AEROGEL HOLDING AB: COMPANY OVERVIEW
TABLE 194 SVENSKA AEROGEL HOLDING AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 195 SVENSKA AEROGEL HOLDING AB: DEALS, JANUARY 2019–MAY 2024
TABLE 196 SVENSKA AEROGEL HOLDING AB: EXPANSIONS, JANUARY 2019–MAY 2024
TABLE 197 CNCEC HUALU NEW MATERIALS CO., LTD.: COMPANY OVERVIEW
TABLE 198 TAASI CORPORATION: COMPANY OVERVIEW
TABLE 199 AEROBEL BV: COMPANY OVERVIEW
TABLE 200 HEBEI JINNA TECHNOLOGY CO., LTD: COMPANY OVERVIEW
TABLE 201 PANASONIC INDUSTRY CO., LTD.: COMPANY OVERVIEW
TABLE 202 ACTIVE AEROGELS: COMPANY OVERVIEW
TABLE 203 SHENZHEN AEROGEL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
TABLE 204 AEROGEL UK LTD: COMPANY OVERVIEW
TABLE 205 NAMATE NEW MATERIALS TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
TABLE 206 THERMABLOK AEROGELS LTD: COMPANY OVERVIEW
TABLE 207 ZHONGKE RUNZI TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
TABLE 208 UNINANO ADVANCED MATERIALS CO., LTD: COMPANY OVERVIEW
TABLE 209 NINGBO SURNANO AEROGEL CO., LTD: COMPANY OVERVIEW
TABLE 210 KEEY AEROGEL: COMPANY OVERVIEW
TABLE 211 SUNTHRU: COMPANY OVERVIEW
TABLE 212 DOW INC.: COMPANY OVERVIEW
TABLE 213 INSULATION PRODUCTS MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 214 INSULATION PRODUCTS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 215 NORTH AMERICA: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2019–2023 (USD MILLION)
TABLE 216 NORTH AMERICA: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2024–2029 (USD MILLION)
TABLE 217 EUROPE: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2019–2023 (USD MILLION)
TABLE 218 EUROPE: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2024–2029 (USD MILLION)
TABLE 219 ASIA PACIFIC: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2019–2023 (USD MILLION)
TABLE 220 ASIA PACIFIC: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2024–2029 (USD MILLION)
TABLE 221 MIDDLE EAST & AFRICA: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2019–2023 (USD MILLION)
TABLE 222 MIDDLE EAST & AFRICA: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2024–2029 (USD MILLION)
TABLE 223 SOUTH AMERICA: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2019–2023 (USD MILLION)
TABLE 224 SOUTH AMERICA: INSULATION PRODUCTS MARKET, BY MATERIAL TYPE, 2024–2029 (USD MILLION)
 
 
LIST OF FIGURES (53 FIGURES)
 
FIGURE 1 AEROGEL: MARKET SEGMENTATION
FIGURE 2 AEROGEL MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE REVENUE OF COMPANIES
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 - BOTTOM UP (DEMAND SIDE): PRODUCTS SOLD
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 –TOP DOWN
FIGURE 7 AEROGEL MARKET: DATA TRIANGULATION
FIGURE 8 MARKET GROWTH PROJECTION FROM SUPPLY SIDE
FIGURE 9 MARKET GROWTH PROJECTION FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
FIGURE 10 SILICA SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 11 ENERGY INDUSTRIAL APPLICATION LED AEROGEL MARKET IN 2023
FIGURE 12 AS MANUFACTURED SEGMENT TO LEAD AEROGEL MARKET DURING FORECAST PERIOD
FIGURE 13 NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2023
FIGURE 14 AEROGEL MARKET TO WITNESS HIGH GROWTH DURING FORECAST PERIOD
FIGURE 15 US LED NORTH AMERICA’S AEROGEL MARKET IN 2023
FIGURE 16 NORTH AMERICA TO BE LARGEST MARKET FOR AEROGEL DURING FORECAST PERIOD
FIGURE 17 ENERGY INDUSTRIAL ACCOUNTED FOR LARGER MARKET SHARE IN 2023
FIGURE 18 GERMANY TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
FIGURE 19 DRIVERS, RESTRAINTS, CHALLENGES, AND OPPORTUNITIES IN AEROGEL MARKET
FIGURE 20 AEROGEL MARKET: PORTER'S FIVE FORCES ANALYSIS
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
FIGURE 23 AEROGEL MARKET: SUPPLY CHAIN ANALYSIS
FIGURE 24 AEROGEL MARKET: ECOSYSTEM ANALYSIS
FIGURE 25 AEROGEL MARKET: FUTURE REVENUE MIX
FIGURE 26 AEROGELS IMPORT, BY KEY COUNTRIES (2018–2022)
FIGURE 27 AEROGELS EXPORT, BY KEY COUNTRIES (2018–2022)
FIGURE 28 AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR TOP THREE APPLICATIONS
FIGURE 29 AVERAGE SELLING PRICE TREND OF AEROGEL, BY REGION (2022–2029)
FIGURE 30 PATENTS REGISTERED, 2013–2023
FIGURE 31 LIST OF MAJOR PATENTS FOR AEROGELS
FIGURE 32 LEGAL STATUS OF PATENTS FILED IN AEROGEL MARKET
FIGURE 33 MAXIMUM PATENTS FILED IN JURISDICTION OF US
FIGURE 34 PARTICLE SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 35 SILICA SEGMENT TO DOMINATE AEROGEL MARKET DURING FORECAST PERIOD
FIGURE 36 AS MANUFACTURED (VIRGIN AEROGEL) SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 37 ENERGY INDUSTRIAL APPLICATION TO DOMINATE AEROGEL MARKET DURING FORECAST PERIOD
FIGURE 38 NORTH AMERICA TO DOMINATE AEROGEL MARKET DURING FORECAST PERIOD
FIGURE 39 NORTH AMERICA AEROGEL MARKET: SNAPSHOT
FIGURE 40 ASIA PACIFIC AEROGEL MARKET: SNAPSHOT
FIGURE 41 EUROPE AEROGEL MARKET: SNAPSHOT
FIGURE 42 ASPEN AEROGELS, INC. LED AEROGEL MARKET IN 2023
FIGURE 43 REVENUE ANALYSIS OF KEY COMPANIES (2019−2023)
FIGURE 44 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
FIGURE 45 AEROGEL MARKET: COMPANY FOOTPRINT
FIGURE 46 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
FIGURE 47 COMPANY VALUATION AND FINANCIAL METRICS OF KEY PLAYERS
FIGURE 48 EV/EBITDA OF KEY PLAYERS
FIGURE 49 ASPEN AEROGELS, INC.: COMPANY SNAPSHOT
FIGURE 50 CABOT CORPORATION: COMPANY SNAPSHOT
FIGURE 51 ARMACELL INTERNATIONAL S.A.: COMPANY SNAPSHOT
FIGURE 52 BEERENBERG AS: COMPANY SNAPSHOT
FIGURE 53 SVENSKA AEROGEL HOLDING AB: COMPANY SNAPSHOT

The study involved four major activities in estimating the market size for aerogel market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Primary Research

The aerogel market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by silica, polymer, carbon and others. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Breakdown of Primary Participants

Aerogel Market Size, and Share

Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2022/ 2023, available in the public domain, product portfolios, and geographical presence.

Other designations include consultants and sales, marketing, and procurement managers.

To know about the assumptions considered for the study, download the pdf brochure

COMPANY NAME

DESIGNATION

Aspen Aerogel, Inc.

Senior Manager

Cabot Corporation

Innovation Manager

Aerogel-it GmbH

Vice-President

Aerogel Technologies, LLC

Production Supervisor

Beerenberg AS

Sales Manager

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the aerogel market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry have been identified through extensive secondary research.
  • The supply chain of the industry has been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Aerogel Market: Bottom-Up Approach

Aerogel Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Aerogel Market: Top-Down Approach

Aerogel Market Size, and Share

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the aerogel industry.

Market Definition

The aerogel market can be defined as the sector that generates, manufactures, and applies ultralight materials with a large amount of empty spaces – aerogels. Such material is highly used for its thermal insulation and can be used in architecture & construction, transportation industry, oil and gas, electronics, and even in the healthcare industry. Aerogels are used in applications that relate to energy savings, thermal control, and environmental cleanup; they are a large part of the high-value materials market internationally.

Key Stakeholders

  • Aerogel manufacturers
  • Aerogel suppliers
  • Raw material suppliers
  • Service providers
  • Application sector companies
  • Government bodies

Report Objectives

  • To define, describe, and forecast the Aerogel market in terms of value and volume
  • To provide detailed information regarding the drivers, opportunities, restraints, and challenges influencing market growth
  • To estimate and forecast the market size by type, form, processing, application,  and region
  • To forecast the size of the market for five main regions: Asia Pacific, Europe, North America, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micromarkets1 with respect to their growth trends, prospects, and contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments, such as deals and expansions, in the market
  • To analyze the impact of the recession on the market
  • To analyze the impact of COVID-19 on the market and end-use industry
  • To strategically profile key players and comprehensively analyze their growth strategies

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country or additional application type

Company Information

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