The aerogel insulation market is set to grow from its current market value of more than USD 653 million to over USD 2.5 billion. Owing to considerable rise in sustainable construction trend, the aerogel insulation industry is slated to witness remarkable growth in the forthcoming years. Aerogels have apparently been in existence for more than 80 years now, however, it was only through recent advancements in production techniques that the material has been able to attain commercialization on a substantially higher scale. While changes in manufacturing processes have made the material easier to produce, a key factor endorsing the product is its unique structure, which is made up of approximately 99.9% air by volume. This characteristic allows aerogels to provide thermal insulation against the three heat-transfer methods- conduction, radiation and convection.

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Seemingly, NASA has long been using the material in its space exploration programs, with the most prominent example being its incorporation in the Mars Exploration Rover that was designed to withstand temperature fluctuations ranging from -96°C to 83°C. Driven by the insulating properties of the material and its increasing commercialization, the aerogel insulation market has gained immense traction across a plethora of industrial domains.

Traditionally, fiberglass batting filled in a plastic pillowcase had been used for insulation in aircrafts. However, since aerogel’s insulation capabilities are so robust, as proven by their use in the Mars Exploration Rover, besides the material being light weight, aerogel insulation solutions hold a significant advantage over conventional solutions. Undeniably, the aerogel insulation market is projected to witness substantial gains from its application in the aerospace sector over the forecast timeframe.

According to Aerogel Technologies, by replacing approximately 10% of the plastics utilized in a Boeing 737, aerogel insulation could save an airline company such as Southwest approximately $500 million to $1 billion annually in fuel costs alone. Evidently, the aviation industry will account for a sizable chunk of the aerogel insulation market revenues in the imminent future.

As reported by American Ceramic Society, over three-quarters of the electricity used across the United States goes towards making the nation’s commercial, residential as well as industrial areas functional and comfortable. With copious amounts of energy being expended on controlling the inside environment through heating and cooling applications, a significant amount of strain is being put on the outside environment as well.

Prompted by the efficiency of aerogel products in reducing power consumption and their ability to boost sustainability across a rapidly expanding business vertical, the aerogel insulation market is projected to accrue over $950 million from the building and construction segment.

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Some Point from Table of Contents:

Chapter 5. Aerogel Insulation Market, By Form

5.1. Global aerogel insulation industry share by form, 2018 & 2025

5.2. Blankets

5.2.1. Market estimates and forecast, 2013 - 2025

5.2.2. Market estimates and forecast, by region, 2013–2025

5.3. Panel

5.3.1. Market estimates and forecast, 2013 - 2025

5.3.2. Market estimates and forecast, by region, 2013–2025

5.4. Particle

5.4.1. Market estimates and forecast, 2013 - 2025

5.4.2. Market estimates and forecast, by region, 2013–2025

5.5. Block

5.5.1. Market estimates and forecast, 2013 - 2025

5.5.2. Market estimates and forecast, by region, 2013–2025

Chapter 6. Aerogel Insulation Market, By End Use

6.1. Global aerogel insulation industry share by end use, 2018 & 2025

6.2. Oil & gas

6.2.1. Market estimates and forecast, 2013 - 2025

6.2.2. Market estimates and forecast, by region, 2013–2025

6.3. Building & construction

6.3.1. Market estimates and forecast, 2013 - 2025

6.3.2. Market estimates and forecast, by region, 2013–2025

6.4. Automotive, aerospace & marine

6.4.1. Market estimates and forecast, 2013 - 2025

6.4.2. Market estimates and forecast, by region, 2013–2025

6.5. Performance coatings

6.5.1. Market estimates and forecast, 2013 - 2025

6.5.2. Market estimates and forecast, by region, 2013–2025

6.6. Others (electronics)

6.6.1. Market estimates and forecast, 2013 - 2025

6.6.2. Market estimates and forecast, by region, 2013–2025

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