Global Aerogels Market, 2017-2022
Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!
Market Overview
According to the latest data, the market size of the global aerogels sector is expected to rise by USD 274.3 million with a CAGR of 17.2% by the end of 2022. Aerogels are a class of materials that exhibit remarkable properties due to their ultra-low density and nanostructured porosity. They have been studied extensively for more than a decade, and have found numerous applications in various fields. Initially, aerogels were synthesized as monolithic silica structures, but with the advancement of aerogel technology, they can now be fabricated from different materials and in different forms and dimensions, depending on the specific needs of each application.
The report presents statistical information, including market size, market share within various market segments, growth rate, and forecasts specifically tailored to the aerogels industry. This data-driven analysis equips industry professionals with essential information to assess the current market landscape, make informed decisions, and identify growth opportunities within the sector.
Research Coverage
This report presents an in-depth analysis and segmentation of the aerogels market, with market size forecasts extending until 2022. The market has been categorized based on product, material, application, and region. Furthermore, a comprehensive evaluation of key industry players has been conducted to provide valuable insights into their business profiles, product offerings, strategic approaches, partnerships, expansions, and acquisitions pertaining to the aerogels market.
The report provides a detailed analysis of the following segments within the aerogels market:
Product: beads/granules, blankets and sheets, powders, and others
Material: carbon, composites, inorganic compounds, and others
Application: life sciences, thermal and acoustic insulation, and others
Region: Asia-Pacific, Europe, North America, and Rest of the World (RoW)
Based on product, the global aerogels market is categorized into beads/granules, blankets and sheets, powders, and others. Among these, blankets and sheets are expected to maintain their dominant position in 2016, generating revenues of $175.4 million, which account for 90.8% of the total market value. This category is also anticipated to exhibit the highest compound annual growth rate (CAGR) of 18.2% from 2015 to 2020. The main factor driving this growth is the increasing demand for aerogel blankets as a thermal insulation material for various applications, such as building and construction, oil and gas, aerospace, and automotive.
On the basis of material, the global aerogels market has been segmented into carbon, composites, inorganic compounds, and others. Globally, the composites segment made up the largest share of the aerogels market. This segment encompasses applications such as lightweight panels, insulation boards, and structural components. The composites segment offers advantages such as enhanced strength, reduced weight, and improved thermal and acoustic insulation properties.
By application, the global aerogels market has been segmented into life sciences, thermal and acoustic insulation, and others. The thermal and acoustic insulation segment was the largest contributor to the global aerogels market in 2016. Aerogels are known for their exceptional thermal insulation properties, making them highly suitable for applications where heat transfer needs to be minimized. Additionally, aerogels also exhibit excellent acoustic insulation capabilities, allowing them to effectively reduce sound transmission.
The thermal and acoustic insulation segment encompasses a wide range of applications, including building insulation, HVAC systems, industrial insulation, and soundproofing. The use of aerogels in these applications offers several advantages, such as improved energy efficiency, enhanced comfort, and reduced noise pollution.
Geographically, the global aerogels market is segmented into Asia-Pacific, Europe, North America, and Rest of the World (RoW). North America is projected to experience significant revenue growth, with a CAGR of 17.4% through 2022. This growth corresponds to a substantial market share of 44.6% for North America.
The strong position of North America in the aerogels market can be attributed to several factors. The region has a robust research and development infrastructure, fostering innovation and advancements in aerogel technologies. Additionally, North America has a well-established manufacturing base and a high demand for aerogels across various industries, including construction, oil and gas, automotive, and aerospace.
Competitive Landscape
The global aerogels market is highly competitive. The report also includes the profiles of leading companies such as AeroClay LLC, Aerogel Technologies LLC, Airglass AB, American Aerogel Corporation, Aspen Aerogels Inc., Cabot Corporation, CF Technologies Inc., Dow Corning Ltd., Green Earth Aerogel Technologies Sociedad Limitada (GEAT SL), Maero Tech Sdn Bhd, Nano Tech Co. Ltd., NanoPore Incorporated, Ocellus Inc., Reticle Inc., Svenska Aerogel AB, The Attia Applied Sciences Incorporated, Thermablok Inc. These companies play a significant role in driving market growth through their active contributions in innovation and product development within the aerogels industry.
Key Questions Answered
What is the projected global market size of aerogels by 2022
Which product segment possesses the largest market share
Which material segment demonstrates the most significant dominance
In terms of market dominance, which application segment prevails in the aerogels market
Which region segment generates the highest revenue
Who are the key players with the largest market share in the aerogels market
What is the estimated global market size for the aerogels market in 2017
What are the main factors driving the growth of the aerogels market
What is the expected incremental growth of the aerogels market during the forecast period
1. Scope and Methodology
1.1 Introduction
1.2 Report Scope
1.3 Research Methodology
2. Executive Summary
3. Market Overview
4. Global Aerogels Market - Product Analysis
4.1 Beads/granules
4.2 Blankets and sheets
4.3 Powders
4.4 Others
5. Global Aerogels Market - Material Analysis
5.1 Carbon
5.2 Composites
5.3 Inorganic compounds
5.4 Others
6. Global Aerogels Market - Application Analysis
6.1 Life sciences
6.2 Thermal and acoustic insulation
6.3 Others
7. Global Aerogels Market - Region Analysis
7.1 Asia-Pacific
7.2 Europe
7.3 North America
7.4 Rest of the World (RoW)
8. Patents Analysis
9. Competitive Landscape
9.1 Competitive Scenario
9.2 Market Positioning/Share Analysis
9.3 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
10. Company Profiles
10.1 AeroClay LLC
10.2 Aerogel Technologies, LLC
10.3 Airglass AB
10.4 American Aerogel Corporation
10.5 Aspen Aerogels Inc.
10.6 Cabot Corporation
10.7 CF Technologies, Inc.
10.8 Dow Corning Ltd.
10.9 Green Earth Aerogel Technologies Sociedad Limitada (GEAT SL)
10.10 Maero Tech Sdn Bhd
10.11 Nano Tech Co., Ltd.
10.12 NanoPore Incorporated
10.13 Ocellus, Inc.
10.14 Reticle Inc.
10.15 Svenska Aerogel AB
10.16 The Attia Applied Sciences Incorporated
10.17 Thermablok Inc.
APPENDIX
DISCLAIMER
Research Methodology:
Global Aerogels Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|