Top Aerogel Companies 2023 by Market Share

Top Aerogel Manufacturers Who are Redefining the Industry Landscape

Aerogel is referred to as a a lightweight, low-density solid material that is made of a porous network of silica (silicon dioxide) or other inorganic material. Silica is amalgamated with a solvent in order to produce this gel.

Some of the prime aerogel manufacturers present in this market are-

Cabot Corporation

Market Position or History

In March 2022, Cabot Corporation announced to have completed the acquisition of Tokai Carbon (Tianjin) Co., Ltd.

Business Overview and Strategy

Established in 1882 by Godfrey Lowell Cabot, this specialty chemicals and performance materials manufacturer has its headquarters  in Boston, Massachusetts, U.S. It is recognized as one of the world’s most promising producers of carbon black and other speciality materials such as fumed silica, aerogel, elastomer composites, and masterbatches, among others.

Cabot Corporation operates in more than 20 nations and has a large consumer base worldwide. It is aimed at creating innovative high-quality materials to address the ever-changing industrial requirements of the masses.

BASF SE

Market Position or History

In May 2022, BASF SE announced to have completely acquired Horta s.r.l., a digital farming solutions provider based in Italy.

Business Overview and Strategy

The company was established by Friedrich Engelhorn in April 1865. It has its headquarters in Ludwigshafen, Germany. It is one of the leading chemical manufacturers in the world. BASF SE has a diverse product pipeline.

The organization adheres to three basic pillars of sustainability which includes society, environment, and economy. It strives to create sustainable chemistry which will enhance the lives of the masses by making the best use of already existing resources.

Aerogel Technologies LLC

Market Position or History

In June 2020, Aerogel Technologies announced to have secured a sum of USD 224.6K in Grant funding round.

Business Overview and Strategy

The company was established in 2004 by Stephen Steiner and Will Walker. Its headquarters are located in Greater Boston Area, East Coast, New England. It is a leading aerogel manufacturer with its product pipeline consisting of monolithic aerogels along with other mechanically strong aerogel materials.

Aerogel Technologies strives to make intensive improvements in its aerogel product portfolio. It is committed to providing high quality, sustainable, and affordable solutions to its large consumer base.

Dow

Market Position or History

In December 2022, Dow unveiled its new selective adhesion liquid silicone rubber series named SILASTIC™ SA 994X.

Business Overview and Strategy

The company was established in 1897 by Herbert Henry Dow. It is one of the largest chemical manufacturers in the world. The chemical entities produced by Dow are adopted across industries such as electronics, chemical processing, oil & gas, agriculture, and automotive among others.

The company has always adopted a customer-centric approach with its prime focus on creating high quality and sustainable chemicals.

Aspen Aerogels, Inc.

Market Position or History

In February 2022, Koch Strategic Platforms announced its decision to invest a whopping amount of USD 150 million in Aspen Aerogels, Inc.

Business Overview and Strategy

With its headquarters in Northborough, Massachusetts, United States, the company was established in 2001. It primarily manufactures high quality aerogel insulation for application in sectors such as energy infrastructure, automotive, and construction, just to name a few.

Aspen Aerogels is envisioned towards creating a sustainable future. It has always tried to ensure minimum emissions during the manufacturing of aerogels by adopting various eco-friendly measures.

There has been a steep rise in the number of new players marking their entry into this high competitive sector. This has pushed the already existing players to diversify their offerings and mitigate the threat of new entrants.

If you wish to know more about the rest of the players who are making it big in this industry, you can get your hands on the Polymer Gel Market report published by Brand Essence Market Research. Through this report, you will not only get key insights about the renowned players present in the aerogel market but will also get actionable overview of the polymer gel industry as a whole.

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