Aerogel Market to Hit USD 1688.18 Mn by 2030 with 10.2% CAGR

𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

The global aerogel market is experiencing remarkable expansion, driven by its unique properties and diverse applications across various industries. In 2023, the market was valued at USD 855.36 million and is projected to reach USD 1688.18 million by 2030, registering a compound annual growth rate (CAGR) of 10.2% during this period.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

Aerogels are renowned for their ultra-lightweight structure, exceptional thermal insulation, and high porosity. These characteristics make them ideal for applications in oil and gas, construction, automotive, aerospace, and performance coatings. The increasing demand for energy-efficient solutions and sustainable materials further propels the market's growth.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨 𝐮𝐧𝐜𝐨𝐯𝐞𝐫 𝐢𝐭𝐬 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: https://www.maximizemarketresearch.com/request-sample/2350/

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙊𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙞𝙚𝙨 𝙞𝙣 𝙑𝙞𝙚𝙩𝙣𝙖𝙢

Vietnam is witnessing a surge in industrial activities, particularly in construction and manufacturing. The adoption of aerogel-based insulation materials is gaining momentum due to their superior thermal properties, contributing to energy efficiency in buildings and industrial processes.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙏𝙧𝙚𝙣𝙙𝙨 𝙞𝙣 𝙏𝙝𝙖𝙞𝙡𝙖𝙣𝙙

In Thailand, the automotive sector is a significant contributor to the economy. The integration of aerogel materials in vehicle manufacturing enhances thermal management and reduces weight, leading to improved fuel efficiency and reduced emissions.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙂𝙧𝙤𝙬𝙩𝙝 𝙞𝙣 𝙅𝙖𝙥𝙖𝙣

Japan's advanced technological landscape fosters innovation in various sectors, including electronics and aerospace. Aerogels are being utilized in these industries for their insulating properties and lightweight nature, supporting the development of high-performance products.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝘾𝙤𝙣𝙨𝙤𝙡𝙞𝙙𝙖𝙩𝙞𝙤𝙣 𝙞𝙣 𝙎𝙤𝙪𝙩𝙝 𝙆𝙤𝙧𝙚𝙖

South Korea has seen significant developments in the aerogel industry. In June 2024, 𝗞𝗕𝗚 𝗖𝗼𝗿𝗽. agreed to acquire 𝗔𝗲𝗿𝗼𝗴𝗲𝗹 𝗞𝗼𝗿𝗲𝗮 𝗖𝗼. 𝗟𝘁𝗱 𝗳𝗿𝗼𝗺 𝗧𝗞𝗚 𝗧𝗮𝗲𝗸𝘄𝗮𝗻𝗴 𝗖𝗢., 𝗟𝗧𝗗 for KRW 8.3 billion, aiming to strengthen its position in the market.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙐𝙥𝙙𝙖𝙩𝙞𝙤𝙣 𝙞𝙣 𝙎𝙞𝙣𝙜𝙖𝙥𝙤𝙧𝙚
Singapore is focusing on sustainable urban development, with aerogel materials being incorporated into green building initiatives. Their application in insulation contributes to energy conservation and aligns with the country's environmental goals.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙊𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙞𝙚𝙨 𝙞𝙣 𝙩𝙝𝙚 𝙐.𝙎.

The U.S. remains a leader in aerogel research and application, with significant investments in the oil and gas sector. Aerogel insulation is extensively used in pipelines and refineries to enhance energy efficiency and safety.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙂𝙧𝙤𝙬𝙩𝙝 𝙞𝙣 𝘾𝙝𝙞𝙣𝙖

China's rapid industrialization and urbanization have led to increased demand for advanced insulation materials. Aerogels are gaining traction in construction and infrastructure projects, contributing to energy efficiency and sustainability.

𝘼𝙚𝙧𝙤𝙜𝙚𝙡 𝙈𝙖𝙧𝙠𝙚𝙩 𝙏𝙧𝙚𝙣𝙙𝙨 𝙞𝙣 𝙀𝙪𝙧𝙤𝙥𝙚

European countries are emphasizing energy efficiency and carbon reduction. The adoption of aerogel materials in building renovation and industrial applications supports these objectives, leading to a growing market in the region.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐀𝐫𝐦𝐚𝐜𝐞𝐥𝐥'𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧: In September 2024, 𝐀𝐫𝐦𝐚𝐜𝐞𝐥𝐥 acquired all shares in 𝐀𝐫𝐦𝐚𝐜𝐞𝐥𝐥 𝐉𝐈𝐎𝐒 𝐀𝐞𝐫𝐨𝐠𝐞𝐥𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 (𝐀𝐉𝐀) 𝐟𝐫𝐨𝐦 𝐉𝐈𝐎𝐒 𝐀𝐞𝐫𝐨𝐠𝐞𝐥, aiming to scale up its aerogel production capacities and strengthen its market position.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/2350/

𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝙗𝙮 𝙋𝙧𝙤𝙙𝙪𝙘𝙩 𝙏𝙮𝙥𝙚

Silica
Polymers
Carbon
Others

Based on Product Type: With over 68 percent of total revenue in 2023, the silica aerogel product category led the aerogel market. The non-organic structures of the items, which are non-flammable and resistant to temperatures of up to 1,4000°C, are mostly to blame for this. They therefore have excellent thermal insulation and heat endurance, which raises demand for them.

Aerogel blankets with fibre reinforcements, which transform inelastic aerogels into robust, stretchy, and water-resistant textiles, are made from silica aerogel. It is anticipated that these nonflammable blankets made of silica aerogels will be very effective at stopping fires from spreading across homes, businesses, and other infrastructure.

𝙗𝙮 𝙁𝙤𝙧𝙢

Blanket
Particle
Panel
Monolith

𝙗𝙮 𝙀𝙣𝙙-𝙪𝙨𝙚 𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙮

Oil & Gas
Building & Construction
Automotive & Transportation
Aerospace & Defense
Healthcare
Others

The oil and gas end-use category dominated the market in 2023 with a revenue share of over 65%. Pipelines and other systems are built, manufactured, and operated using aerogel, a versatile insulating material with high porosity, low density, low dielectric constant, and excellent thermal insulation properties.

In order to reduce production costs, boost pipeline compression resistance, and utilise less steel during construction, aerogel blankets are mainly used to improve the insulation of oil and gas pipelines and deep-sea pipes. Other benefits of the Aerogel insulators are its hydrophobicity, mechanical strength, and excellent thermal performance.

𝙗𝙮 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮

Supercritical Drying
Ambient Pressure Drying
Freeze Drying
Others

𝐓𝐨 𝐝𝐞𝐥𝐯𝐞 𝐝𝐞𝐞𝐩𝐞𝐫 𝐢𝐧𝐭𝐨 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐤𝐢𝐧𝐝𝐥𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/request-sample/2350/

𝐀𝐞𝐫𝐨𝐠𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1. Cabot Corp.
2. BASF SE
3. Nano Technology Co., Ltd.
4. Dow, Inc.
5. Enersens
6. Armacell International S.A
7. Active Aerogels
8. Aerogel Technologies LLC
9. Aspen Aerogel Inc.
10. JIOS Aerogel
11. Svenska Aerogel AB
12. Thermablok Aerogels Limited.
13. Green Earth Aerogel Technologies
14. TAASI Corporation

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