The Global Aerogel Felt Market was valued at USD 2.72 Billion in 2023 and is projected to reach USD 3.48 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024-2029). This expansion is fueled by stringent energy conservation regulations and increasing adoption across industrial, construction, and transportation sectors seeking ultra-thin, high-performance insulation solutions.

As industries prioritize thermal management and fire safety, aerogel felt manufacturers are innovating with advanced formulations and scalable production techniques. This analysis highlights the Top 10 Companies in the Aerogel Felt Industry—market leaders driving technological advancements in next-generation insulation materials.

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🔟 10. Polyatomic Environmental

Headquarters: San Diego, California, USA
Key Offering: Aerogel insulation blankets for industrial applications

Specializing in extreme environment solutions, Polyatomic Environmental engineers customized aerogel felt systems for oil refineries, LNG facilities, and power plants. Their patented hydrophobic formulations withstand temperatures from -196°C to 650°C.

Technical Capabilities:

• ASTM E84 Class A fire-rated products
• Customizable thickness (3mm-25mm)
• Die-cut configurations for complex installations

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9️⃣ 9. Harrisburg Trading

Headquarters: Harrisburg, Pennsylvania, USA
Key Offering: Aeroflex® aerogel insulation felts

As a leading North American distributor, Harrisburg Trading provides just-in-time delivery of aerogel felt products for mechanical systems and building insulation projects across the U.S. market.

Distribution Advantages:

• Five strategic warehouse locations
• Technical specification support
• Inventory management for MRO clients

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8️⃣ 8. Keep Insulation

Headquarters: Zhejiang, China
Key Offering: Cost-effective aerogel felt for HVAC applications

Keep Insulation has rapidly expanded as a Chinese manufacturer exporting to over 30 countries, focusing on commercial building solutions with balanced thermal performance and affordability.

Manufacturing Strength:

• Annual capacity of 2 million m²
• Automated cutting systems for precision sizing
• ISO 9001:2015 certified production

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7️⃣ 7. Hangzhou Qiyao

Headquarters: Hangzhou, China
Key Offering: QY-Aero thin-profile insulation felts

This specialist manufacturer supplies appliance OEMs with sub-5mm aerogel solutions that enhance energy efficiency in refrigerators, water heaters, and other thermal appliances.

Product Innovations:

• Precision thickness control (0.5mm-5mm)
• Non-shedding fiber technology
• Adhesive-backed variants for easy installation

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6️⃣ 6. Shandong Jinshi

Headquarters: Shandong, China
Key Offering: Aerogel-PCM hybrid insulation products

Shandong Jinshi combines phase change materials with aerogel matrices to create intelligent insulation solutions that dynamically regulate temperature in buildings and cold chain logistics.

Technology Leadership:

• Proprietary composite formulations
• Patent-pending thermal regulation system
• 22% improvement in thermal lag performance

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5️⃣ 5. Dalian Yingshi

Headquarters: Dalian, China
Key Offering: High-density industrial aerogel felts

Operating Asia’s largest continuous aerogel felt production line, Dalian Yingshi specializes in heavy-duty insulation for oil/gas pipelines and chemical processing equipment.

Production Scale:

• 100,000m³ annual output capacity
• Vertical integration from silica gel to finished product
• UL certification for industrial applications

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4️⃣ 4. Luyang Energy-Saving Materials

Headquarters: Shandong, China
Key Offering: LY Series aerogel insulation systems

Listed on Shenzhen Stock Exchange (002088), Luyang dominates China’s industrial insulation sector with comprehensive aerogel solutions deployed across energy infrastructure.

Market Dominance:

• 30% domestic market share in China
• Preferred supplier for Sinopec and CNPC projects
• Dedicated nano-material R&D center

Get Full Report Here: Global Aerogel Felt Market – View in Detailed Research Report

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3️⃣ 3. Zhejiang Shengrun

Headquarters: Zhejiang, China
Key Offering: Cryogenic aerogel insulation systems

As a primary LNG infrastructure supplier, Zhejiang Shengrun provides specialized -162°C to 200°C aerogel solutions certified to international standards.

Application Expertise:

• Prefabricated pipe sections with integrated insulation
• Modular LNG tank insulation kits
• BS EN 13501-1 fire safety certification

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2️⃣ 2. Huatao Group

Headquarters: Jiangsu, China
Key Offering: Aerogel composite felts for transportation

Huatao has pioneered the use of aerogels in aerospace and rail applications, developing vibration-resistant laminates that meet stringent transportation safety standards.

Innovation Highlights:

• EN 45545-2 compliant rail solutions
• EV battery thermal barrier systems
• Aerospace-grade lightweight composites

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1️⃣ 1. Aspen Aerogels

Headquarters: Northborough, Massachusetts, USA
Key Offering: PyroThin® and CryoThin® engineered aerogels

The global technology leader (NYSE: ASPN) holds over 200 patents and supplies mission-critical insulation to energy, industrial, and electric vehicle manufacturers worldwide.

Industry Firsts:

• First commercial-scale aerogel manufacturer
• NASA-certified space applications
• Strategic partnerships with EV manufacturers

Download FREE Sample Report: Global Aerogel Felt Market – View in Detailed Research Report

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🌐 Market Outlook: Aerogel Felt Accelerates Mainstream Adoption

The aerogel felt market is transitioning from niche applications to widespread industrial use as performance benefits outweigh initial cost premiums.

📊 Key Market Drivers:

• Global energy efficiency mandates in construction
• EV battery thermal management requirements
• Industrial decarbonization initiatives
• Ongoing manufacturing cost reductions

Get Full Report Here: Global Aerogel Felt Market – View in Detailed Research Report

The companies profiled above are enabling the energy transition through revolutionary insulation technologies that reduce thermal losses across global industries.