Press Release

India Aerogel Market to Grow with a CAGR of 5.38% through 2029

Growing demand of aerogel in oil & gas industry is expected to drive the India Aerogel Market growth in the forecast period, 2025-2029


According to TechSci Research report, “India Aerogel Market- By Region, Competition, Forecast and Opportunities, 2019-2029”, the India Aerogel Market stood at USD44.63 million in 2023 and is anticipated to grow with a CAGR of 5.38% in the forecast period, 2024-2029. Initiatives taken by government based on aerogel has led to favorable market conditions for the India Aerogel Market. Several factors contribute to the growth of various aerogel products.

The Indian government has shown a keen interest in exploring the use of aerogel-based methods for treating effluent from textile dyeing, as a part of their commitment to making the textile industry more environmentally friendly. They are actively supporting catalysts that effectively decompose pollutants and implementing advanced adsorption techniques.

In line with this vision, the government has extended its support to companies like Aerogel One Ltd., a leading player in the industry. Aerogel One Ltd. has proposed to establish a state-of-the-art manufacturing unit for the production of silica-based aerogel insulation sheets, which are known for their exceptional thermal insulation properties. This support from the government is a testament to their dedication to fostering a conducive environment for the growth and development of the aerogel industry in India.


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Silica-based aerogels, known for their exceptional properties, are highly valued in the oil and gas industry. These aerogels, commonly referred to as "frozen smoke," possess remarkable characteristics that make them indispensable for various applications. Notably, their lightweight nature combined with low thermal conductivity and excellent thermal resistance makes them an ideal choice for insulation in critical oil and gas infrastructures such as pipelines, refineries, and offshore platforms.

In recent years, the use of aerogel blankets in the oil and gas industry has seen a significant rise. These blankets exhibit superior insulation properties, effectively reducing heat loss and improving energy efficiency. The integration of aerogel blankets contributes to enhanced safety measures, ensuring operational excellence in oil and gas facilities. With their remarkable insulation capabilities, aerogel blankets play a crucial role in preserving energy, optimizing operational costs, and increasing the overall safety standards of the oil and gas industry.

The India Aerogel Market is segmented into material, application, regional distribution, and company.

Based on its material, the polymer segment held the largest market share in the forecast period. Polymer aerogels, known for their superior chemical and physical properties, offer distinct advantages over silica aerogels. These versatile materials find applications in a wide range of industries including defense, electronics, construction, automotive, and telecommunications. In defense applications, polymer aerogels provide excellent insulation and impact resistance. In electronics, they serve as effective substrates for various components.

Furthermore, their use in building and construction applications enhances thermal insulation and structural integrity. Polymer aerogels also find their way into vehicle interiors, providing lightweight and durable solutions. Lastly, they are utilized in antennas for their exceptional dielectric properties. Although polymer aerogels may not possess the same transparency and low thermal conductivity as silica aerogels, their mechanical robustness in monolithic form compensates for these drawbacks, making them a viable choice for various applications.

Based on region, West India segment is expected to grow during the forecast period. 

The western region of India, renowned for its strong emphasis on research and development, has witnessed significant investments in advanced materials research. Notably, companies and educational institutions in this region are dedicating substantial resources to explore the potential of aerogels. These investments have not only spurred breakthroughs in aerogel production techniques but have also paved the way for pioneering applications, thereby propelling market growth in this domain.


Major companies operating in India Aerogel Market are:

  • BASF India Ltd.
  • Cabot India Ltd.
  • Virtela India Pvt. Ltd.
  • Ciena India Pvt. Ltd.
  • Dow Chemical International Pvt Ltd


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“Growing application of Aerogel in various end user industries are key drivers of the aerogel market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of aerogel with every passing year are anticipated to register an impressive growth to India Aerogel Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“India Aerogel Market By Material (Silica, Carbon, Alumina, Polymer, Others), By Application (Oil & Gas, Construction, Transportation, Performance Coating, Others), By Region, By Competition Forecast & Opportunities, 2019-2029”, has evaluated the future growth potential of India Aerogel Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Aerogel Market.



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