Aerogel Market 2030 Regional Outlook, Share, Type and Application, Trends
The global aerogel market was valued at USD 1.38 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 17.0% from 2025 to 2030. Aerogels, known for their lightweight, insulating, and highly porous nature, are revolutionizing industries by offering innovative solutions across various sectors, including construction, aerospace, automotive, and electronics. As energy consumption worldwide continues to rise, there is an increasing demand for efficient materials that reduce energy loss. Aerogels are highly effective in addressing this need, particularly due to their exceptional thermal insulation properties. These properties make aerogels an ideal choice for both building insulation and thermal protection in various industrial processes, such as oil and gas, manufacturing, and electronics. Despite the promising growth of the aerogel market, there are some challenges that could slow down its expansion, especially in international markets. One...