Company Profile · July 31, 2026
Report Feature
The future of the composites market in India looks attractive with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and high flame retardant materials demand in electrical and electronics industry.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of low-cost carbon fibers, high performance glass fiber, and rapid cure resin system.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this composites in India report, download the report brochure.
Composites Market in India by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Composites Market in India:
2014-2025 (US $M) (Randomized Data)
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Composites Market in India:
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the composites market in India by application, fiber type, resin type, manufacturing process, and molding compound as follows:
Composites Industry by End Use Industry ($ Million and Million Pounds)
- Transportation
- Marine
- Wind Energy
- Aerospace
- Pipe & Tank
- Construction
- Electrical and Electronics
- Consumer Goods
- Others
Composites Industry by Manufacturing Process ($ Million and Million Pounds)
- Hand Lay-up
- Spray-up
- Resin Infusion (RRIM, RTM, VARTM)
- Filament Winding
- Pultrusion
- Injection Molding
- Compression Molding
- Prepreg Lay-up
- Other
Composites Industry by Molding Compound ($ Million and Million Pounds)
- SMC
- BMC
- Thermoplastic Compounds ( SFT, LFT, GMT, CFT and Other)
Composites Industry by Resin Type ($ Million and Million Pounds)
- Polyester
- Epoxy
- Vinyl ester
- Phenolic
- Thermoplastics
Composites Industry by Fiber Type ($ Million and Million Pounds)
- Glass fiber
- Carbon fiber
- Aramid fiber
Composites Industry by Fiber Glass Type ($ Million and Million Pounds)
- Single End Roving
- Multi End Roving
- Chopped Strands
- Woven Roving
- Fabrics
- Chopped Strand Mat
- Continuous Filament Mat
- Others
Composites Industry by Carbon Fiber Type ($ Million and Million Pounds)
- PAN Based Carbon Fiber
- PITCH Based Carbon Fiber
Within the composites market, injection molding, hand layup, compression molding, spray up, filament winding, resin infusion, and prepreg layup are some of the major processes utilized to manufacture composite parts. Injection molding is expected to be the largest process in terms of value and volume in composite manufacturing because of low cycle time, low manufacturing cost, and ability to make complex shapes.
Some of the features of the “Opportunities of Composites Industry in India 2014-2025: Trends, Forecast and Competitive Analysis” report include:
- Market size and growth rates of the composites market.
- Composites and competing material markets (steel, aluminium, plastic, composites) in terms of volume
- Market size estimates of glass fiber and by type of product form.
- Market size estimates of carbon fiber market by tow size as well as by pan and pitch type in terms of volume and value
- Market for fiber type (glass composites, carbon composites, aramid composites).
- Analysis of the composites industry size in terms of value and volume.
- Trends (2014-2019) and forecast (2020-2025) for the composites industry in terms of value and volume
- Composites industry trends (2014-2019) and forecast (2020-2025) in terms of value and volume by application, such as Transportation, Marine, Wind energy, Aerospace, Pipe and tank, Construction, Electrical & Electronics, Consumer goods, and Others.
- Market size estimates for reinforcements and resins
- Market size estimates for commodity composites and advanced composites
- Market size estimates of composites by molding compound
- Market size estimates of composites by end product market for 2020 and 2025
- Competitive analysis of steel, aluminum, plastics and the composites industries
- Market breakdown by manufacturing technology, manufacturing process, market segment, and material type
- Thermoset and thermoplastic composites market size
- Market outlook and trends in automotive, marine, construction, aerospace and other important market segments with the needs and challenges of each
- Value chain analysis: Dollar and gross profit flow through various nodes of the value chain (from raw material to final application)
- Company profiles of material and end product manufacturers
- Current innovations in the composites industry
Table of Contents
1. Executive Summary
11. Material and Technology Needs for the Future Composites Industry
12. Innovations in the Composites Industry
7.1 Composites Market by Segment
7.2 Driving Forces for the Use of Composite Materials
7.3 Key Requirements in Various Market Segments
7.5 Market Outlook and Trends for the Aerospace and Defense Industry
7.7 Pipe and Tank Industry Analysis
7.8 Marine Market Outlook and Industry Trends
7.9 Consumer Goods Market Outlook and Industry Trends
7.10 Electrical and Electronic Industry Outlook
7.11 Wind Energy
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • Which segments will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this composites market?
- • What are the business risks and competitive threats in this composites market?
- • What are the emerging trends in this composites market and the reasons behind them?
- • What are some of the changing demands of customers in the composites market?
- • What are the new developments in the composites market? Which companies are leading these developments?
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