Blueshift Materials

Market Growth for Aerogels to Continue from Energy & Industrial Areas

The aerogel market for energy and industrial applications has seen modest growth over the years, growing from US$224M in 2021 to an estimated US$348M in 2025. With increasing focus on energy savings and process efficiencies, this article by IDTechEx looks at how the aerogels market for energy and industrial applications will evolve over the next decade.

How The Aerogels Market Will Evolve Over The Next Decade

Since 2020, the emergence of aerogels as a fire protection material for electric vehicle (EV) batteries has provided a new and rapidly growing opportunity for the aerogel market. According to the latest IDTechEx market report, "Aerogels 2025-2035: Technology, Market, Forecasts", the adoption in EV thermal barriers has helped drive the aerogels market to exceed US$1 billion in 2025.

Aerogel Technologies

Aerogel Technologies are a company that specialise in polymer aerogels. IDTechEx spoke with Dr Stephen Steiner (CEO) and Justin Griffin (COO) to provide an update on the company.

Polymer aerogels get nearer to high volume production

The aerogel market is dominated by silica-based materials; IDTechEx Research calculate this to be over 98% in 2019 by revenue.

New directions for the aerogel market

Alternatives to silica aerogel panel and blanket composites are beginning to gain traction. Silica aerogel granule and powder products are becoming more pronounced as progressively more companies emerge. Meanwhile polymer aerogels are a different class of the material, which can have the potential to act as interesting alternatives to traditional plastic and composite products.