How big is the aerogel market?

The global aerogel market size was estimated at USD 1.38 billion in 2024 and is expected to reach USD 1.59 billion in 2025.

What is the aerogel market growth?

The global aerogel market is expected to grow at a compound annual growth rate of 17.0% from 2025 to 2030, reaching USD 3.49 billion by 2030.

Which segment accounted for the largest aerogel market share?

Silica dominated aerogel market with a share of 64.9% in 2024, owing to its use in thermal insulation systems in aerospace, transparent window systems, environment clean-up & protection systems applications

Who are the key players in the aerogel market?

Some of the key players operating in the aerogel market include Aspen Aerogels, Inc., Cabot Corporation, Aerogel Technologies, LLC, Active Aerogels, LDA, and BASF SE.

What are the factors driving the aerogel market?

The key factor driving the aerogel market is the growing applications of oil & and gas, construction, automotive, aerospace, marine, and performance coatings.