South Korea Carbon Aerogels Market Size, Share, and COVID-19 Impact Analysis, By Form (Blanket, Particle, Panel, and Monolith), By End-use (Oil & Gas, Building & Construction, Automotive, Aerospace & Marine, and Performance Coatings), and South Korea Carbon Aerogels Market Insights, Industry Trend, Forecasts to 2035.

South Korea Carbon Aerogels Market Insights Forecasts to 2035

• The South Korea Carbon Aerogels Market Size Was Estimated at USD 3.2 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 20.04% from 2025 to 2035
• The South Korea Carbon Aerogels Market Size is Expected to Reach USD 23.87 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Carbon Aerogels Market Size is anticipated to reach USD 23.87 Million by 2035, growing at a CAGR of 20.04% from 2025 to 2035. Carbon aerogels market is the growing need for high-performance energy storage solutions. Because of their remarkable electrical conductivity, large surface area, and extremely low density, carbon aerogels are perfect for use in advanced batteries and supercapacitors.

Market Overview

Organic gels that have been pyrolyzed heated to high temperatures without oxygen to eliminate the organic components and leave behind a network of carbon atoms are the source of carbon aerogels, a form of porous, solid material. They are ideal for a number of uses, especially in energy storage, catalysis, and thermal insulation, because to their low density, high porosity, vast surface area, and electrical conductivity. Batteries and supercapacitors gain from the larger surface area available for storing charge. Carbon aerogels can be used to adsorb specific molecules, including pollutants or hydrocarbons. Carbon aerogels are becoming more and more necessary as the need for energy-efficient building and industrial processes grows. The aerospace, automotive, and construction industries are increasingly seeking lightweight materials to improve performance and reduce fuel consumption. Government initiatives significantly influence the carbon aerogels market by promoting energy efficiency, sustainability, and research and development. These programs frequently include laws, financial support, and incentives that promote the use of carbon aerogels in a variety of industries, including energy storage, transportation, and construction.

Report Coverage

This research report categorizes the market for South Korea carbon aerogels market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea carbon aerogels market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea carbon aerogels market.

Driving Factors

The exceptional properties of carbon aerogels, such as ultra-low density, high surface area, and excellent thermal and electrical conductivity, make them ideal for high-performance applications in industries like aerospace, automotive, and energy storage. Advancements in nanotechnology and material science have led to improved synthesis methods, enhancing the scalability and cost-effectiveness of carbon aerogels.

Restraining Factors

High production costs are a significant barrier, stemming from energy-intensive manufacturing processes and the need for specialized equipment. Additionally, limited raw material availability and price volatility impact scalability and profitability. The fragility of carbon aerogels complicates handling and installation, making them less practical for large-scale applications.

Market Segmentation

The South Korea carbon aerogels market share is classified into form and end-use.

• The blanket segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea carbon aerogels market is segmented by form into blanket, particle, panel, and monolith. Among these, the blanket segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Its excellent thermal insulation, flexibility, and lightweight properties. Its wide use in energy-efficient buildings, electronics, and industrial applications drives demand. Growing focus on sustainability and energy conservation supports.

• The oil & gas segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea carbon aerogels market is segmented by end-use into oil & gas, building & construction, automotive, aerospace & marine, and performance coatings. Among these, the oil & gas segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. High demand for superior thermal insulation and corrosion resistance. These sectors prioritize energy efficiency and safety, driving adoption of carbon aerogel blankets. Infrastructure growth and stringent regulations further boost market expansion.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea carbon aerogels market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Aerogel Korea (TKG)
• POSCO Future M
• Hanwha Solutions
• Kumho Petrochemical
• Hyosung Chemical
• Dipo Induction Co., Ltd.
• EM Tech Co., Ltd.
• Primaloft Inc.
• Samsung Engineering Co., Ltd.
• Youngone Corporation
• Rem Tech
• Nano Tech Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea carbon aerogels market based on the below-mentioned segments:

South Korea Carbon Aerogels Market, By Form

• Mineral Wool Insulation
• Glass Wool Insulation
• Polystyrene Foam Insulation
• Polyurethane Foam Insulation
• Phenolic Foam Insulation

South Korea Carbon Aerogels Market, By Application

• Blanket
• Particle
• Panel
• Monolith