- Aerogel blankets, known for their superior thermal insulation, lightweight properties, and flexibility, are increasingly critical in applications requiring high-performance insulation, such as oil and gas pipelines, automotive components, and aerospace systems
- The demand for aerogel blankets is fueled by growing emphasis on energy efficiency, stringent environmental regulations, and the need for compact insulation solutions in space-constrained environments
- North America dominated the aerogel blanket market with the largest revenue share of 38.5% in 2024, driven by advanced industrial infrastructure, high adoption of innovative materials in construction and oil and gas sectors, and the presence of key market players
- The Middle East and Africa is expected to be the fastest-growing region during the forecast period, attributed to rapid industrialization, increasing energy sector investments, and growing construction activities in countries such as Saudi Arabia and the UAE
- The silica segment dominated the largest market revenue share of 66% in 2024, driven by its exceptional thermal insulation properties, high porosity, and low thermal conductivity, making it ideal for applications in oil and gas, construction, and aerospace. Its cost-effectiveness and versatility further solidify its dominance
