Report Description

Vietnam aerogel market is projected to grow at a double digit CAGR during 2023-2027. Growing number of new establishments, rising investments in various sectors coupled with advancement & innovation in materials is aiding Vietnam aerogel market. Moreover, increasing number of new entrants in the market, growing use of aerogel in automotive and construction applications, and growing globalization are some of the other factors, which are expected to propel demand for aerogel over the next five years.

Some of the major players operating in the Vietnam aerogel market are Aspen Aerogels, DPN Aerogels Joint Stock Company, Nano Tech Company Limited, Dupont Vietnam Co., Ltd, BASF Vietnam, etc.

Objective of the Study:

  • To analyze and forecast market size of the Vietnam aerogel market, in terms of value.
  • To define, classify and forecast the Vietnam aerogel market on the basis of type, form, processing & application.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of type by segmenting Vietnam aerogel market into, types namely, silica, carbon, polymer & others.
  • To identify tailwinds and headwinds for the Vietnam aerogel market.
  • To examine competitive developments such as expansions, new launches, supply contracts, and mergers & acquisitions in the Vietnam aerogel market.
  • To strategically profile the leading players, which are manufacturing aerogel in Vietnam.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of aerogel manufacturers in Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed type, form, processing, application and regional presence of all major aerogel manufacturers across the country.

TechSci Research calculated the market size for the Vietnam aerogel market using a bottom-up approach, where manufacturers’ value sales data for different type of (silica, carbon, polymer & others), Aerogel was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as all Vietnam Aerogel manufacturers, Suppliers, association, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

  • Vietnam aerogel manufacturers
  • Research organizations and consulting companies
  • Associations, organizations and alliances related to aerogel
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Aerogel manufacturers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.



Base Year


Historical Data

2017 – 2020

Estimated Year


Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

  1.          Type
  2.        Form
  3.          Processing
  4.          Application

Regional scope

Central Region, Western Region, Eastern Region, Northern Region, Southern Region

Key companies profiled

Aspen Aerogels, DPN Aerogels Joint Stock Company, Nano Tech Company Limited, Dupont Vietnam Co., Ltd, BASF Vietnam

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Vietnam aerogel market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Type:
      • Silica
      • Carbon
      • Polymer
      • Others
  • Market, by Form:
      • Blanket
      • Particle
      • Panel
      • Monolith
  • Market, by Processing:
      • Virgin
      • Composites
      • Additives
  • Market, by Application:
      • Oil & Gas
      • Construction
      • Transportation
      • Performance Coating
      • Day-lighting & LVHS
      • Others
  • Market, by Geography:
      • Central Region
      • Western Region
      • Eastern Region
      • Northern Region
      • Southern Region

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players

Company Profiles: Detailed analysis of the major companies present in the Vietnam aerogel market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of manufacturers and suppliers across the country.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Product Information

  • Detailed analysis of new services in the market and their driving forces in the market.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.       Product Overview

2.       Research Methodology

3.       Impact of COVID-19 on Vietnam Aerogel Market

4.       Executive Summary

5.       Voice of Customer

5.1.     Product Awareness

5.2.     Pricing

5.3.     Product Quality

6.       Vietnam Aerogel Market Outlook

6.1.     Market Size & Forecast

6.1.1.   By Value

6.2.     Market Share & Forecast By Type (Silica, Carbon, Polymer & Others) By Form (Blanket, Particle, Panel & Monolith) By Processing (Virgin, Composites & Additives) By Application (Oil & Gas, Construction, Transportation, Performance Coating, Day-lighting & LVHS and Others)           

6.2.2.  By Region 

6.2.3.  By Company

6.3.     Market Attractiveness Index

6.3.1.   By Type

6.3.2.   By Form

6.3.3.  By Processing

6.3.4.  By Application

6.3.5.   By Region

7.       Vietnam Silica Aerogel Market Outlook

7.1.     Market Size & Forecast

7.1.1.  By Value

7.2.     Market Share & Forecast By Form By Processing By Application

8.       Vietnam Carbon Aerogel Market Outlook

8.1.     Market Size & Forecast

8.1.1.  By Value

8.2.     Market Share & Forecast By Form By Processing

8.2.2.  By Application

9.       Vietnam Polymer Aerogel Market Outlook

9.1.     Market Size & Forecast

9.1.1.  By Value

9.2.     Market Share & Forecast By Form By Processing

9.2.2.  By Application

10.    Vietnam Other Aerogel Market Outlook

10.1. Market Size & Forecast

10.1.1.   By Value

11.    Market Dynamics

11.1.     Drivers

11.2.     Challenges

12.    Trends & Developments

13.    Policy & Regulatory Landscape

14.    Vietnam Economic Profile

15.    Competitive Landscape

15.1.  Company Profiles (Top Leading Companies)

15.1.1.      Aspen Aerogels

15.1.2.      DPN Aerogels Joint Stock Company

15.1.3.      Nano Tech Company Limited

15.1.4.      Dupont Vietnam Co., Ltd

15.1.5.      BASF Vietnam

16.    Strategic Recommendations

Figures and Tables

Frequently asked questions


Growing demand from various end user industries such as construction, transportation, etc. is expected to drive the growth of Vietnam Aerogel Market.


Silica based aerogels are expected to dominate the Vietnam Aerogel Market on account of their low thermal conductivity and high optical transparency


Based on form, Vietnam Aerogel Market can be categorized into blanket, particle, panel and monolith. The blanket aerogel form is expected to dominate the market through 2027 since it was the first commercial form of aerogel used across various end user industries such as construction, automotive, etc.


High dependency on imports due to lack of manufacturing capabilities and poor mechanical strength of Aerogel are some of the factors slowing down the growth of Vietnam Aerogel Market.


Sakshi Bajaal

Business Consultant
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