Global Aerogels Market Set to Reach USD 3.2 Billion by 2031 as EV Battery Applications and Advanced Insulation Demand Accelerate Growth
The global aerogels market is witnessing significant expansion, driven by increasing adoption across electric vehicles (EVs), construction, oil & gas, aerospace, and electronics industries. Valued at US$ 1.0 billion in 2022, the market is projected to grow at a robust CAGR of 13.6% from 2023 to 2031, reaching US$ 3.2 billion by the end of the forecast period. Aerogels are among the...
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