Silica Aerogel companies

Key Silica Aerogel Market Players:

Here is a list of key players operating in the global silica aerogel market:

• Aspen Aerogels, Inc. (U.S.)
  • Company Overview
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  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Cabot Corporation (U.S.)
• Armacell International S.A. (Luxembourg)
• Aerogel Technologies, LLC (U.S.)
• BASF SE (Germany)
• JIOS Aerogel Corporation (South Korea)
• Svenska Aerogel AB (Sweden)
• Green Earth Aerogel Technologies (GEAT) (China)
• Active Aerogels (Portugal)
• Enersens (France)
• Guangdong Alison Hi-Tech Co., Ltd. (China)
• American Elements (U.S.)
• TAASI Corporation (U.S.)
• Maero Tech Sdn Bhd (Malaysia)
• Nano High-Tech Co., Ltd. (China)
• Surnano Aerogel Co., Ltd. (China)
• Ocellus, Inc. (U.S.)
• Gelanggang Hijau Sdn Bhd (Malaysia)
• Kaneka Corporation (Japan)
• Guizhou Aerospace Sincerity Titanium Industry Co., Ltd. (China)
   

The international silica aerogel market is semi-consolidated, with the top five organizations collectively holding a significant revenue share. Their landscape is highly characterized by intensified research and development (R&D), along with tactical expansions. Moreover, U.S.-based Aspen Aerogels and Cabot Corporation are readily dominating the silica aerogel market by leveraging robust patent portfolios as well as established industrial consumer bases. Notable strategies, such as capacity expansion and vertical integration, are suitable enough to secure supply chains and diminish expenses. Besides, in April 2025, Nouryon declared the introduction of Demeon ReNu100 propellant, which is suitable for aerosol applications in Amsterdam. This particular product readily features dimethyl ether, along with a natural origin index of 1, and has been developed from 100% bio-based methanol, thereby making it suitable for boosting the silica aerogel market’s growth.

Corporate Landscape of the Silica Aerogel Market:

• Aspen Aerogels, Inc. is considered a dominating international leader, well-known for its PyroThin aerogel blankets that are suitable for thermal management in the electric vehicle battery industry. The organization significantly drives industrial growth through huge capacity extensions, along with its core product line of high-performance aerogel insulation for the energy and industrial sectors. As stated in its 2024 annual report, the organization generated USD 452.7 million as consolidated revenue, along with a surge in profit margins from 24.0% in 2023 to 40.0% in 2024.
• Cabot Corporation is a notable player through its engineered silica gels and aerogels, leveraging its massive experience as an international specialty chemicals producer. The firm has focused on creating aerogel particles as well as powders for high-value applications in daylighting systems, composites, and coatings. As per its 2024 annual report, the firm generated USD 692.0 million in operational cash flow, along with USD 479.0 million as discretionary free cash flow. Additionally, the firm successfully returned USD 265.0 million to shareholders through share purchases and dividends.
• Armacell International S.A. is considered a leader in flexible foams, which has tactically entered the aerogel market by implementing aerogel technology into its established ArmaGel product line. This particular move permits the company to provide high-performance and flexible insulation solutions that tend to compete directly in technical insulation and industrial segments.
• Aerogel Technologies, LLC is one of the significant innovators, recognized for commercializing and developing the proprietary Airlane brand of flexible and polymer-based silica aerogel blankets. The organization specializes in offering custom-based aerogel solutions for applications in industrial, defense, and aerospace domains.
• BASF SE is considered the world’s largest chemical producer that contributes to the aerogel market through its research into notable inorganic materials and its Slentite product, which is a pioneering aerogel-specific insulation panel for the construction sector. The company’s involvement readily signals the material’s tactical importance and generates huge R&D capability in the industry.