Aerogel Market Positioned for 17% CAGR Growth, Aiming for USD 11.5 Billion by 2035
The global aerogel market is projected to surge USD 11.5 billion by 2035, registering a robust compound annual growth rate (CAGR) of 17%. This substantial growth is driven by the enforcement of stricter energy-efficiency regulations in the construction sector, increasing demand for lightweight thermal insulation in electric vehicle (EV) battery systems
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The aerogel market is projected to reach USD 11.5 billion by 2035, driven by energy-efficiency norms, EV battery insulation, and oil & gas pipeline demand.