Aerogel Thermal Insulation Blanket Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 3.5 Billion by 2033, growing at a CAGR of 10.2% from 2026 to 2033.
In 2022, the global aerogel thermal insulation blanket market was valued at USD 1.25 billion and is projected to reach USD 2.80 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2030. Regionally, North America accounted for 35% of the market revenue in 2023, driven by stringent energy efficiency regulations and the presence of major industry players. The Asia Pacific region contributed 30% to the market, with rapid industrialization and infrastructure development in countries like China and India fueling demand. Europe held a 20% share, supported by the growing trend towards green buildings and strict energy performance directives. Latin America and the Middle East & Africa accounted for 8% and 7% of the market, respectively. The Asia Pacific region is expected to witness the highest growth, with a projected CAGR of 14.5% from 2024 to 2032, driven by increasing investments in construction and aerospace sectors. In terms of product types, aerogel insulation blankets with a thickness above 10mm held the largest share at 45% in 2023, while the 5mm to 10mm thickness segment is anticipated to grow rapidly due to its balance between insulation performance and weight. Key applications include oil & gas consumables, which dominated with a 40% share in 2023, followed by building insulation at 25%, transportation at 15%, and aerospace & defense materials at 10%. The aerospace & defense segment is projected to be the fastest growing application, driven by advancements in high performance materials.
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Aspen Aerogels
Cabot Corporation
Aerogel Technologies
Nano High-Tech
Guangdong Alison Hi-Tech
Active Aerogels
Enersens
Jios Aerogel Corporation
Guizhou Aerospace
Shenzhen Aerogel Technology
Aerogel UK
Xiamen Nameite
IBIH
Jinna Tech
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aerogel Thermal Insulation Blanket Market
Aerospace
Construction
Oil and Gas
Automotive
Electronics
Flexible Aerogel Blankets
Rigid Aerogel Panels
Granular Aerogel
Composite Aerogel Structures
Thermal Insulation in Building and Construction
Process Insulation in Industrial Applications
Insulation in High-Temperature Environments
Insulation for Cryogenic Applications
Rolls
Sheets
Pads
Custom Shapes
Less than 5 mm
5 mm to 10 mm
10 mm to 20 mm
More than 20 mm
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aerogel Thermal Insulation Blanket Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aerogel Thermal Insulation Blanket Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aerogel Thermal Insulation Blanket Market, By Type
6. Global Aerogel Thermal Insulation Blanket Market, By Application
7. Global Aerogel Thermal Insulation Blanket Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Aerogel Thermal Insulation Blanket Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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