Blanket Aerogel Market Size, Share, Growth, and Industry Analysis, By Type (Below 5 Millimeters Thicknesses, 5 - 8 Millimeters Thicknesses, Above 8 Millimeters Thicknesses) By Application (Building Insulation, Oil and Gas, Aerospace, Automotive, Healthcare) Regional Forecast From 2025 To 2034

•   
•   
  

  Request a Free sample to learn more about this report

    

BLANKET AEROGEL MARKET OVERVIEW

The global Blanket Aerogel Market size stood at USD 0.31 billion in 2025, growing further to USD 1.78 billion by 2034 at an estimated CAGR of 21.36% from 2025 to 2034.

The United States Blanket Aerogel Market size is projected at USD 0.09644 billion in 2025, the Europe Blanket Aerogel Market size is projected at USD 0.07811 billion in 2025, and the China Blanket Aerogel Market size is projected at USD 0.09227 billion in 2025.

The global COVID-19 pandemic has been unprecedented and staggering, with the Global blanket aerogel market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The lightest mesoporous solid substance currently found on Earth is aerogel. It is created by switching out the gel's liquid component for a gas. It consists of a network of connected nanostructures that must have at least 50% porosity. Due to their high porosity and low heat conductivity, aerogels are excellent insulation materials. Aerogel granules are typically enclosed in non-woven fibres to create an aerogel blanket that is less dusty, compressible, and a highly effective insulation material. Aerogel blankets, which come in various thicknesses up to 7 millimeters, are used for thermal insulation in buildings and industrial insulation.

KEY FINDINGS

COVID-19 IMPACT

Imposed Restrictions in the Economy Resulted in Decline in the Market 

The COVID-19 outbreak caused temporary business closures as well as supply chain and manufacturing disruptions, which in turn reduced the development of telecom infrastructure and had a negative effect on the sales and marketing efforts of rugged phone companies competing in the market. The effects were severe, particularly for startups and small- to medium-sized businesses operating in this industry. Companies did, however, make a lot of restructuring efforts to address the supply chain difficulties and improve collaboration with suppliers and partners to lessen the negative market impact.

LATEST TRENDS

Growth of the market in recent years to Boost Product Demand

In order to meet the rising demand for energy, fossil fuels are essential. Fuels like diesel and petrol are necessary in one way or another for everything from producing energy to operating autos. Exploration, extraction, refinement, and marketing of products made from crude oil are all part of the oil and gas business. Due of the segment's significant earnings, the global economy depends on it greatly. Given the lead times for locating and producing hydrocarbons, the investments necessary in this sector are likewise fairly significant. Long pipelines must be used to safely transfer the effluent to the sites of regasification. The entire process takes place in difficult conditions, like Arctic waters and undersea pipelines and rigs.

• Silica aerogels represented approximately 63 % of total aerogel market share in 2025, with blanket-form accounting for 46 % of global volume demand.

• Mordor Intelligence reports that blanket form captured about 64 % of the aerogel market size in 2024.

•   
•   
  

  Request a Free sample to learn more about this report

    

BLANKET AEROGEL MARKET SEGMENTATION

By Type

Based on type the Global Blanket Aerogel Market is classified as below 5 millimeters thicknesses, 5-8 millimeters thicknesses, above 8 millimeters thicknesses.

By Application

Based on application the global blanket aerogel market is classified as building insulation, oil & gas, aerospace, automotive, healthcare, chemical, electronics, apparel, other.

DRIVING FACTORS

Utilization as a Catalyst to Boost the Market Growth

The market for aerogel blankets is likely to be impacted by the growing use of these blankets in aerospace. In accordance with this, a significant factor that will favor the expansion of the aerogel blanket market over the projected period of 2021 to 2028 is the increasing demand from the oil and gas industry. Furthermore, because aerogel blankets are produced in large quantities and are used as thermal wraps in a variety of applications, the new solutions offered in the fields of gelation processes and nanotechnology are also anticipated to have a positive effect on the market growth for aerogel blankets.

Extensive Application in Laundering Process to Multiply the Production and Market Growth

There are certain drawbacks to using conventional insulation materials such polyurethane foam, mineral wool, rock wool, and stone wool. In order to attain the correct R-value, for instance, thick layers of these materials are needed, which results in the loss of valuable floor space in new construction. It is considerably more difficult to add high insulation levels to older structures because the extra layers alter the aesthetic appeal of the building. Therefore, aerogels are anticipated to be a perfect replacement for conventional insulating materials in new construction in order to meet energy standards set by various regulatory authorities and to prevent structural compromises.

• The U.S. Department of Energy’s USD 2 billion investment in energy-efficient building initiatives is significantly driving aerogel blanket adoption.

• Governmental regulations and incentives promoting energy efficiency are enhancing adoption, as noted by MRFR through increased tax credits and rebates.

RESTRAINING FACTORS

Several Challenges Associated with the Local Irritation to Restrain the Market

One of the main factors limiting the expansion of the aerogel industry is the high cost of producing aerogel. The high cost of raw materials (for alkoxide-based precursor materials), labor-intensive process technologies (solvent exchange steps, lengthy reaction times constrained by diffusion), and the installation of relatively small production capacities of businesses are the main causes of the high cost of silica aerogels. It is expensive because substantial R&D is needed to manufacture aerogel materials. The synthetic processes utilized to make aerogel materials are not as flexible. Due to the highly specialized production processes used in aerogel manufacture, a sophisticated facility is needed. Supercritical drying is the step in the aerogel manufacturing process that costs the most money.

• The EU’s Construction Products Regulation imposes rigorous testing and certification, raising production costs and compliance complexity.

• The manufacturing process for aerogel blankets is energy-intensive and technically complex, contributing to elevated production costs and limiting broader adoption.

•   
•   
  Request a Free sample to learn more about this report

    

BLANKET AEROGEL MARKET REGIONAL INSIGHTS

North American Region to Dominate the Market with Extensive Utilization and Multiplying Manufacturers

In terms of both production and consumption of aerogel materials, North America is the greatest region. In terms of product innovation, quality, and application development, it is the world's top aerogel market. The oil and gas industry dominates the North American aerogel market because of the significant need for cutting-edge solutions there and the aerogel's reduced thickness, improved insulating qualities, and low thermal conductivity. In North America, the usage of aerogel materials in automotive, marine, and aerospace applications is predicted to increase. With the region's ongoing recovery attempts, energy efficiency standards, and insulation laws, it is predicted that demand for aerogel in Europe would rise.

KEY INDUSTRY PLAYERS

Financial Players to Contribute Towards Expansion of Market

This market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.

• American Aerogel Corporation: Recognized among the leading competitors in the aerogel blanket sector.

• BASF SE: Named as a key market participant in multiple global blanket aerogel studies.

List of Top Blanket Aerogel Companies

• American Aerogel Corporation
• Basf SE
• Nano High-Tech
• Aerogel Technologies
• Acoustiblok UK
• Svenska Aerogel AB
• Aspen Aerogel
• Airglass AB
• Active Aerogels
• Dow Corning Corporation
• Cabot Corporation
• Jios Aerogel Corporation

REPORT COVERAGE

The SWOT analysis and information on future developments are covered in the study. The research report includes a study of several factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.