The India aerogel market size reached USD 46.35 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 109.23 Million by 2033, exhibiting a growth rate (CAGR) of 9.22% during 2025-2033. Sustainability concerns, stringent regulations, and corporate goals are driving the adoption of eco-friendly aerogels in India, while technological advancements, domestic production growth, and collaborations are enhancing innovation, reducing import dependency, and expanding applications across industries like construction, energy storage, and e-waste management.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 46.35 Million |
Market Forecast in 2033 | USD 109.23 Million |
Market Growth Rate 2025-2033 | 9.22% |
Growing Preferences for Eco-Friendly and Sustainable Materials
Sustainability concerns and stringent environmental regulations are driving the adoption of aerogels as eco-friendly materials across various industries in India. Aerogels, renowned for their recyclability, non-toxic nature, and superior thermal insulation efficiency, are gaining popularity for lowering energy usage and carbon output. Numerous firms are transitioning to environment-friendly building methods and incorporating low-emission materials to achieve their sustainability objectives. Furthermore, aerogels contribute substantially to industrial sustainability by improving energy efficiency and minimizing waste. Besides this, aerogels are emerging as an innovative solution in the field of e-waste management, offering a safer and more eco-friendly alternative for metal recovery. Their high surface area and customizable properties enable effective adsorption and separation of precious metals, minimizing the environmental impact of extraction. In December 2024, researchers from IISER Pune developed a hybrid aerogel that could extract up to 99% of gold from e-waste. The aerogel, treated with iron nitrate salts, offered a sustainable and efficient method for recycling valuable metals, reducing reliance on harmful mining practices. This innovation highlights the capacity of aerogels in circular economy applications by enabling the extraction of precious metals without the environmental harm associated with conventional mining. With corporate sustainability efforts coinciding with governmental policies that support green technologies, the need for innovative aerogel solutions is increasing. Such innovations illustrate how advanced materials can promote sustainable development and lessen environmental effects.
Technological Advancements and Domestic Production Capacity
Ongoing research and development (R&D) activities are playing a crucial role in making aerogels more affordable, efficient, and scalable for industrial applications. In India, the collaboration between domestic firms and international organizations is fueling innovation and the creation of aerogel products that cater to the specific needs of the local market. As technological advancements continue, manufacturing processes are becoming more streamlined, resulting in reduced production costs and higher performance materials. For instance, in September 2024, Armacell announced the opening of a new aerogel insulation plant in Pune, India, and the launch of its next-generation ArmaGel XG product line. The new aerogel blanket technology enhanced their existing product portfolio with improved thermal performance. This development strengthened Armacell’s commitment to providing sustainable, energy-efficient solutions in the industrial and energy sectors, addressing the growing demand for high-performance materials. With enhanced thermal management capabilities, the new product line is poised to meet the rising energy efficiency standards in sectors such as construction, transportation, and manufacturing. The opening of this plant further exemplifies how international collaborations and investments are fostering innovation in India's aerogel market, positioning the country as a key player in the global industry.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on material and application.
Material Insights:
The report has provided a detailed breakup and analysis of the market based on the material. This includes silica, carbon, alumina, polymer, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes oil and gas, construction, transportation, performance coating, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Materials Covered | Silica, Carbon, Alumina, Polymer, Others |
Applications Covered | Oil and Gas, Construction, Transportation, Performance Coating, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |