Silica Aerogel Market Size, Share, Trends, Industry Analysis Report
By Form (Blanket, Panel, Monolith, Others), By Application, By Region – Market Forecast, 2025–2034
- Published Date:Aug-2025
- Pages: 128
- Format: PDF
- Report ID: PM6298
- Base Year: 2024
- Historical Data: 2020-2023
Overview
The global silica aerogel market size was valued at USD 1.01 billion in 2024, growing at a CAGR of 7.69% from 2025 to 2034. Key factors driving demand for silica aerogel include rising production of automobiles, growing urbanization worldwide, and increasing investment in renewable energy projects.
Key Insights
- The blanket segment accounted for a major revenue share in 2024 due to its flexibility and ease of installation across various industries.
- The oil & gas held the largest revenue share in 2024 due to silica aerogel's critical role in pipelines, refineries, and processing facilities.
- North America accounted for a major revenue share of the global silica aerogel market in 2024, due to the growing oil & gas industry.
- The U.S. held the largest revenue share in North America in 2024, due to the expansion of the aerospace and defense sectors.
- The industry in Asia Pacific is projected to grow at the fastest pace in the coming years, owing to industrialization and urbanization.
Industry Dynamics
- The growing urbanization worldwide is fueling the adoption of silica aerogel by increasing the need for lightweight and durable insulation in infrastructure projects.
- The increasing investments in renewable energy projects are driving the silica aerogel market, as solar, wind, and energy storage systems require highly efficient insulation to maximize performance and durability.
- The rising demand for semiconductors is expected to create a lucrative market opportunity during the forecast period.
- The high production cost and complex manufacturing hinder the market growth.
Artificial Intelligence (AI) Impact on Silica Aerogel Market
- AI is optimizing silica aerogel manufacturing by predicting ideal conditions, reducing energy use, and minimizing waste.
- Machine learning algorithms detect defects in real-time, ensuring consistent aerogel quality and performance.
- AI is accelerating R&D by simulating aerogel properties, leading to advanced, lightweight, and high-performance variants.
- AI is analyzing trends to predict demand, optimizing supply chains, and reducing costs.
Market Statistics
- 2024 Market Size: USD 1.01 Billion
- 2034 Projected Market Size: USD 2.12 Billion
- CAGR (2025-2034): 7.69%
- North America: Largest Market Share
Silica aerogel is an ultra-light, porous material made from silica, containing up to 99% air. It is known as a light solid and has a sponge-like structure with extremely low density and thermal conductivity. Its translucent appearance and high surface area make it an excellent insulator, with properties for scientific, industrial, and environmental applications. It is also used in insulation for buildings, pipelines, and spacecraft due to its superior thermal resistance.
The material is non-toxic, fire-resistant, and moisture-repellent, ensuring durability in harsh environments. Additionally, its high surface area supports filtration and adsorption processes, enhancing performance in environmental and industrial uses. Silica aerogel further offers exceptional thermal insulation, making it highly energy-efficient while reducing heat loss.
The global demand for silica aerogel is driven by the rising production of automobiles. Silica aerogel’s exceptional thermal insulation properties make it ideal for electric vehicle battery packs, where temperature control is critical. Also, its lightweight nature helps reduce overall vehicle weight. Additionally, growing adoption of luxury vehicles drives demand for advanced insulation solutions, further boosting the use of silica aerogel in automotive applications such as thermal barriers and soundproofing. Therefore, the growing production of automobiles is fueling the demand for silica aerogel. European Automobile Manufacturers' Association, in its report, announced that in 2022, 85.4 million motor vehicles were produced around the world, an increase of 5.7% compared to 2021.
Drivers & Opportunities
Growing Urbanization Worldwide: Silica aerogel’s superior thermal insulation properties help reduce energy consumption in high-rise structures, meeting stricter building codes and sustainability goals in urban areas. Rapid urban expansion is also increasing the need for lightweight and durable insulation in infrastructure projects, such as pipelines and transportation systems, where aerogel’s high performance proves advantageous. United Nations, in its report, stated that the global urban population is projected to increase to around two-thirds of the total population in 2050. Additionally, rising urban temperatures and noise pollution are driving demand for aerogel-based solutions in soundproofing and heat management in urban buildings. Hence, as cities expand and prioritize green building practices, silica aerogel becomes a preferred material for sustainable urban development.
Rising Demand from Renewable Energy Projects: Solar, wind, and energy storage systems require highly efficient insulation to maximize performance and durability. Solar thermal applications use silica aerogel to minimize heat loss in collectors and piping, while wind turbines rely on its lightweight insulation to protect sensitive components in harsh environments. Battery storage systems, particularly in large-scale renewable installations, depend on aerogel’s thermal stability to prevent overheating and extend lifespan. Therefore, as renewable energy infrastructure expands globally, the demand for high-performance insulation materials such as silica aerogel continues to grow.
Segmental Insights
Form Analysis
Based on form, the segmentation includes blanket, panel, monolith, and others. The blanket segment accounted for a major revenue share in 2024 due to its exceptional thermal insulation properties, flexibility, and ease of installation across various industries. Manufacturers widely adopted this form in applications such as oil and gas pipelines, industrial equipment, and building insulation, as it delivers high energy efficiency while minimizing thickness and weight. The ability of blankets to withstand extreme temperatures, resist moisture, and provide long service life further strengthened their demand. Additionally, rising investments in energy infrastructure and the growing emphasis on reducing heat loss in industrial processes significantly boosted the adoption of this form.
The panel segment is projected to grow at a robust pace in the coming years, owing to its superior structural integrity and suitability for construction and aerospace applications. Industries prefer panels for their ease of integration into walls, facades, and specialized equipment where rigid, high-performance insulation is required. The increasing demand for lightweight and durable materials in aerospace, coupled with stringent building energy codes, drives growth for this form. Rapid urbanization and the rising trend of green building certifications are encouraging builders to choose panels that offer both thermal efficiency and design flexibility.
Application Analysis
In terms of application, the segmentation includes oil & gas, building insulation, industrial insulation, aerospace & defense, automobile, and others. The oil & gas held the largest revenue share in 2024. The critical role of silica aerogel in enhancing thermal insulation efficiency in pipelines, refineries, and processing facilities drives its demand in the oil & gas industry. Industry players increasingly adopted this material to reduce energy loss, prevent heat-induced safety hazards, and improve operational efficiency in extreme environments. Its lightweight nature, hydrophobic properties, and ability to maintain insulation performance under high-pressure and temperature conditions made it a preferred choice for subsea and offshore applications. Rising global energy demand, expansion of pipeline infrastructure, and stricter regulations on energy conservation further propelled the segment’s dominance.
The building insulation segment is expected to grow at a rapid pace in the coming years, owing to the accelerating urbanization, stringent energy efficiency regulations, and the growing adoption of sustainable construction practices. The surge in green building certifications and government incentives for energy-efficient retrofitting projects boosts demand. Additionally, the need to reduce heating and cooling costs in residential and commercial properties continues to encourage the integration of high-performance insulation materials, such as silica aerogel.
Regional Analysis
The North America silica aerogel market accounted for a major revenue share in 2024. This dominance is attributed to its growing adoption in the oil & gas industry for pipeline insulation, as well as in construction for energy-efficient building materials. The region’s stringent energy efficiency regulations and sustainability goals pushed industries toward advanced insulation solutions. Additionally, increasing investments in aerospace and automotive applications, where lightweight and high-performance materials are crucial, further boosted demand. The presence of key manufacturers and ongoing R&D in nanotechnology also contributed to market growth.
U.S. Silica Aerogel Market Insights
The U.S. held the largest revenue share in the North America silica aerogel landscape in 2024, due to its widespread use in industrial insulation, aerospace, and defense applications. The shale gas boom has increased demand for aerogel-based insulation in pipelines and LNG facilities in the country. Government initiatives promoting green buildings and the need for energy-efficient materials in construction further drove adoption. The automotive sector is also leveraging aerogels for battery thermal management in electric vehicles (EVs), supporting market expansion.
Europe Silica Aerogel Market Trends
The market in Europe is projected to hold a substantial revenue share in 2034 due to the region’s focus on sustainable building materials and retrofitting old infrastructure with high-performance insulation. Additionally, the aerospace and automotive industries are adopting aerogels for lightweight thermal insulation in the region. The presence of major aerogel manufacturers and strong R&D investments is further propelling the market growth.
UK Silica Aerogel Market Overview
The country’s net-zero emissions target is driving the demand for silica aerogel in the UK. Government incentives for green buildings and retrofitting projects are also boosting aerogel adoption. The oil & gas sector in the country further contributed to demand, particularly in offshore insulation. Furthermore, the growing EV market is increasing the need for aerogels in battery thermal management systems, supporting market growth.
Asia Pacific Silica Aerogel Market Outlook
The industry in Asia Pacific is projected to grow at the fastest pace in the coming years, owing to industrialization, urbanization, and infrastructure development. Countries such as China, India, and Japan are major contributors, with increasing use in construction, oil & gas, and automotive sectors. Government initiatives promoting energy-efficient buildings and the expansion of LNG infrastructure are driving adoption. The booming EV industry in China and South Korea is also fueling demand for aerogels in battery insulation. Additionally, cost-effective production and rising R&D investments are enhancing market prospects.
Key Players & Competitive Analysis
The global silica aerogel market is highly competitive, with key players such as Coloplast, ConvaTec Inc., and Hollister Incorporated leading the industry through innovation, product diversification, and strong brand recognition. These companies dominate the market with advanced skin-friendly adhesives, odor-control technologies, and user-friendly pouching systems. B. Braun SE and Welland Medical Limited focus on cost-effective solutions, catering to price-sensitive markets, while ALCARE Co., Ltd. and Schena Ostomy Technologies, Inc. emphasize niche products like convex barriers and specialty seals. Emerging players such as Safe n’ Simple and Nu-Hope Laboratories, Inc. compete by offering customizable accessories, including belts and support systems. Marlen Manufacturing & Development Company and Salts Healthcare differentiate themselves through high-quality manufacturing and patient-centric designs. Regional competition is intensifying, with companies expanding into developing markets through strategic partnerships and e-commerce distribution. Sustainability initiatives, such as biodegradable materials and reusable products, are becoming key differentiators.
A few major companies operating in the silica aerogel industry include Active Aerogels; Aerogel Technologies, LLC; Aspen Aerogels, Inc.; BASF SE; Cabot Corporation; Dow; Enersens; Guangdong Alison Hi-Tech Co., Ltd.; JIOS Aerogel Corporation; and Nano High-Tech.
Key Companies
- Active Aerogels
- Aerogel Technologies, LLC
- Aspen Aerogels, Inc.
- Armacell
- BASF SE
- Cabot Corporation
- Dow
- Enersens
- Guangdong Alison Hi-Tech Co., Ltd.
- JIOS Aerogel Corporation
- Nano High-Tech
Silica Aerogel Industry Developments
In June 2025, Armacell inaugurated its newest aerogel insulation manufacturing facility in Pune, India.
In July 2022, Indian Space Research Organization (ISRO) at its Vikram Sarabhai Space Centre (VSSC) developed hydrophobic silica aerogel in granular/powder form by a simple and cost-effective ambient pressure drying process.
Silica Aerogel Market Segmentation
By Form Outlook (Revenue, USD Billion, 2020–2034)
- Blanket
- Panel
- Monolith
- Others
By Application Outlook (Revenue, USD Billion, 2020–2034)
- Oil & Gas
- Building Insulation
- Industrial Insulation
- Aerospace & Defense
- Automobile
- Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Silica Aerogel Market Report Scope
|
Report Attributes |
Details |
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Market Size in 2024 |
USD 1.01 Billion |
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Market Size in 2025 |
USD 1.09 Billion |
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Revenue Forecast by 2034 |
USD 2.12 Billion |
|
CAGR |
7.69% from 2025 to 2034 |
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Base Year |
2024 |
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Historical Data |
2020–2023 |
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Forecast Period |
2025–2034 |
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Quantitative Units |
Revenue in USD Billion and CAGR from 2025 to 2034 |
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Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Industry Trends |
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Segments Covered |
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Regional Scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
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