The Global Aerogel Insulation Market was valued at USD 969.7 Million in 2023 and is projected to reach USD 2.19 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period (2025–2032). This impressive growth is being driven by stringent global energy efficiency regulations, increasing demand from the oil & gas industry, and the expanding application of aerogel in electric vehicle manufacturing and green building construction.

As industries worldwide intensify their focus on carbon reduction and operational efficiency, the spotlight is on advanced material science companies that provide superior thermal management solutions. In this blog, we profile the Top 10 Companies in the Aerogel Insulation Industry—a dynamic mix of established chemical giants, specialized manufacturers, and innovative technology pioneers shaping the future of high-performance insulation.

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🔟 1. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: ENOVA Aerogel Insulation, Silica Aerogel Blankets & Particles

Cabot Corporation is a global specialty chemicals and performance materials company and a leading supplier of aerogel insulation solutions. Its ENOVA brand offers high-performance aerogel products renowned for their extremely low thermal conductivity, hydrophobicity, and durability, serving demanding applications across oil & gas, industrial, and building & construction sectors.

Innovation & Sustainability Initiatives:

• Continuous R&D to enhance product performance and reduce manufacturing costs

• Focus on developing sustainable material solutions that contribute to energy conservation

• Strategic expansions to meet growing global demand for high-efficiency insulation

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9️⃣ 2. BASF

Headquarters: Ludwigshafen, Germany
Key Offering: SLENTITE® Aerogel, Silicate-based Aerogel Insulation Panels

BASF, one of the world’s largest chemical producers, has entered the aerogel market with its innovative SLENTITE® product—a polymeric aerogel in panel form. This offering is specifically designed for the construction industry, providing exceptional thermal insulation with minimal thickness, making it ideal for energy-efficient building envelopes where space is a constraint.

Innovation & Sustainability Initiatives:

• Pioneering polymeric aerogel technology for building applications

• Alignment with global sustainability goals through energy-saving building solutions

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8️⃣ 3. Aspen Aerogels

Headquarters: Northborough, Massachusetts, USA
Key Offering: Pyrogel®, Cryogel®, Spaceloft® Aerogel Blankets

Aspen Aerogels is a pure-play aerogel technology company and a recognized market leader. It specializes in manufacturing aerogel-based blankets that deliver superior thermal performance in extreme temperature environments. The company’s products are critical for insulating pipelines, industrial equipment, and subsea flow assurance in the energy sector.

Innovation & Sustainability Initiatives:

• Development of proprietary aerogel formulations for specific industrial challenges

• Strategic focus on the high-growth electric vehicle battery market with specialty barriers

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7️⃣ 4. Guangdong Alison Hi-Tech Co., Ltd.

Headquarters: Shantou, Guangdong, China
Key Offering: Silica Aerogel Blankets, Aerogel Particles, Custom Composites

Guangdong Alison Hi-Tech is one of China’s leading aerogel manufacturers, playing a significant role in supplying the Asia-Pacific region’s rapidly growing market. The company produces a wide range of aerogel insulation products that cater to both domestic infrastructure projects and international industrial clients, with a strong focus on cost-competitive manufacturing.

Innovation & Sustainability Initiatives:

• Expansion of production capacity to serve booming Asian construction and industrial sectors

• Investment in R&D to optimize aerogel production processes and reduce costs

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6️⃣ 5. Aerogel Technologies, LLC

Headquarters: Boston, Massachusetts, USA
Key Offering: Airgel® Brand Aerogels, Custom Aerogel Components

Aerogel Technologies is an innovation-driven company focused on expanding the application boundaries of aerogels. It specializes in producing high-quality, monolithic aerogels and developing custom-engineered solutions for specialized markets, including aerospace, defense, and high-performance electronics where precision and specific material properties are paramount.

Innovation & Sustainability Initiatives:

• Development of proprietary manufacturing processes for unique aerogel forms

• Collaboration with industry partners to create application-specific aerogel solutions

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5️⃣ 6. Active Aerogels

Headquarters: Leiria, Portugal
Key Offering: Aerogel-Based Insulation Coatings, Composite Materials

Active Aerogels, based in Portugal, focuses on developing innovative aerogel-infused composite materials and coatings. This approach allows for the integration of aerogel’s superb insulating properties into easier-to-apply formats, expanding its use into building facades, industrial coatings, and other applications where traditional blanket forms may be less suitable.

Innovation & Sustainability Initiatives:

• Pioneering aerogel composite technologies for novel application methods

• Targeting the European market’s strong demand for building energy retrofits

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4️⃣ 7. Nano High-Tech Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Silica Aerogel Powder, Aerogel Boards, Custom Forms

Nano High-Tech is a prominent Chinese manufacturer specializing in nanotechnology-based materials, including a diverse portfolio of aerogel insulation products. The company serves the domestic market’s massive construction and industrial sectors while also exporting to international markets, leveraging China’s manufacturing scale to offer competitive pricing.

Innovation & Sustainability Initiatives:

• Leveraging China’s advanced manufacturing infrastructure for cost-effective production

• Focus on developing aerogel solutions that meet China’s ambitious energy efficiency targets

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3️⃣ 8. Enersens

Headquarters: Cavaillon, France
Key Offering: JALOR® Aerogel Insulation, High-Temperature Aerogel Solutions

Enersens is a French company dedicated to the development and manufacturing of innovative thermal insulation materials, with a strong focus on aerogel technology. The company’s JALOR® product line includes aerogel blankets and mats designed for high-temperature industrial applications, serving European energy and process industry clients with a commitment to technical excellence.

Innovation & Sustainability Initiatives:

• Specialization in high-temperature aerogel formulations for industrial processes

• Alignment with the European Union’s stringent energy and emissions reduction directives

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2️⃣ 9. Jios Aerogel Corporation

Headquarters: Daejeon, South Korea
Key Offering: Aergel® Brand Products, Flexible Aerogel Blankets

Jios Aerogel Corporation is a South Korean company focused on the commercialization of aerogel materials. It has developed proprietary technologies for producing flexible and durable aerogel blankets, targeting applications in construction, apparel, and industrial insulation. The company aims to establish a strong presence in the Asian market and beyond.

Innovation & Sustainability Initiatives:

• Development of flexible aerogel products for non-traditional applications

• Focus on creating aerogel solutions suitable for the specific climatic needs of Asia

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1️⃣ 10. Pacor

Headquarters: Padua, Italy
Key Offering: Thermal Insulation Systems, Aerogel-Enhanced Materials

Pacor is an Italian manufacturer of thermal and acoustic insulation systems with a growing portfolio that incorporates aerogel technology. The company combines aerogels with other advanced materials to create hybrid insulation solutions that optimize performance and cost, serving the European building, industrial, and HVAC markets with a focus on quality and technical support.

Innovation & Sustainability Initiatives:

• Integration of aerogel into multi-material insulation systems for optimized performance

• Focus on providing energy-efficient solutions aligned with Mediterranean and European building standards

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🌍 Outlook: The Future of Aerogel Insulation Is Smarter and More Accessible

The aerogel insulation market is undergoing a significant transformation. While high-performance industrial applications continue to drive volume, the industry is investing heavily in cost-reduction technologies, manufacturing scale-up, and new application development to penetrate broader markets.

📈 Key Trends Shaping the Market:

• Accelerated adoption in building retrofits and energy-efficient new construction

• Expansion into electric vehicle battery thermal management systems

• Development of hybrid insulation systems combining aerogels with traditional materials

• Manufacturing innovations aimed at significantly reducing production costs

Read Full Report:
Aerogel Insulation Market – View in Detailed Research Report

The companies listed above are not only providing cutting-edge insulation solutions—they’re enabling the global transition to higher energy efficiency across multiple industries.