Electric vehicles are set to drive a significant surge in demand for a highly specialized material: aerogels. According to a new market forecast, the global aerogels market is expected to see substantial growth by 2035, with thermal management applications in electric vehicles playing a key role in this upward trend. As the world transitions to cleaner, more sustainable modes of transportation, the need for advanced materials that can efficiently manage heat and keep batteries cool is becoming increasingly pressing. With major automakers investing heavily in electric vehicle production, the stage is set for a major increase in aerogels demand, with manufacturers scrambling to meet the growing need for these cutting-edge materials.
Aerogels Market Forecast Points Higher Toward 2035, Driven by Thermal Management Demands in Electric Vehicles IndexBox