India Carbon Fibre Market (2025-2031) Outlook | Size, Companies, Share, Value, Forecast, Industry, Analysis, Revenue, Growth & Trends

Market Forecast By Raw Material (Pan“based Carbon Fiber, Pitch“based Carbon Fiber), By Product Type (Continuous Carbon Fiber, Long Carbon Fiber, Short Carbon Fiber), By Fiber Type (Virgin Carbon Fiber, Recycled Carbon Fiber), By Modulus (Standard Modulus, Intermediate Modulus, High Modulus), By Application (Composite, Non-composite), By End-use (Aerospace & Defense, Automotive, Wind Energy, Sporting Goods, Electrical & Electronics, Civil Engineering, Pipe & Tank, Marine) And Competitive Landscape
Product Code: ETC317184 Publication Date: Aug 2023 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Carbon Fibre Market Competition 2023

India Carbon Fibre market currently, in 2023, has witnessed an HHI of 2057, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 India Carbon Fibre Market Competition 2023

India Export Potential Assessment For Carbon Fibre Market (Values in USD Thousand)


India Export Potential Assessment For Carbon Fibre Market (Values in USD Thousand)

India Carbon Fibre Market Synopsis

The India carbon fibre market is witnessing significant growth as industries adopt lightweight and high-strength materials for various applications. This market`s outlook is driven by factors such as the increasing demand for carbon fibre in aerospace, automotive, and sports equipment, the growth of the manufacturing and construction sectors, and the adoption of carbon fibre for its exceptional mechanical properties. Additionally, the development of cost-effective and sustainable carbon fibre production methods and the rising focus on energy-efficient and eco-friendly materials are further contributing to market growth. The market overview indicates a positive trajectory for the India carbon fibre market, with a growing range of applications and advancements in carbon fibre technology.

Drivers of the market

The India carbon fiber market is witnessing significant growth as various industries utilize this lightweight and high-strength material for advanced applications. This market`s outlook is driven by factors such as the increasing demand for carbon fiber in aerospace, automotive, and wind energy sectors, the growth of the composites industry, and the adoption of carbon fiber for its high strength-to-weight ratio and excellent mechanical properties. Additionally, the development of cost-effective carbon fiber manufacturing technologies and the rising focus on sustainable and eco-friendly materials are further contributing to market growth. The market is also influenced by the growing interest in electric vehicles and lightweight components, which are expected to boost market demand in the forecast period.

Challenges of the Market

The India carbon fiber market is witnessing significant growth as industries seek lightweight and high-strength materials for various applications. This market`s outlook is driven by factors such as the increasing demand for carbon fiber in aerospace, automotive, and wind energy sectors, the growth of the manufacturing and infrastructure industries, and the adoption of carbon fiber composites for their excellent mechanical properties. Additionally, the development of cost-effective and sustainable carbon fiber production processes and the rising focus on reducing carbon footprint in manufacturing are further contributing to market growth. However, the market faces challenges such as high material and production costs, limited domestic production capacity, and the need for increased awareness among end-users regarding carbon fiber benefits.

Covid-19 Impact on the Market

The India carbon fiber market is witnessing significant growth as industries utilize this lightweight and high-strength material in various applications. This market`s outlook is driven by factors such as the increasing demand for carbon fiber in aerospace, automotive, and wind energy industries, the growth of the composites and manufacturing sectors, and the adoption of carbon fiber for its excellent mechanical properties and low weight. Additionally, the development of cost-effective and sustainable carbon fiber production methods and the rising focus on lightweighting and fuel efficiency are further contributing to market growth. The market faced challenges during the COVID-19 pandemic as aerospace and automotive manufacturing activities were impacted by disruptions in industrial activities. However, with the recovery of these industries and the growing demand for carbon fiber in emerging applications, the market is expected to rebound in the post-pandemic period.

Key Players of the Market

The India carbon fiber market is witnessing significant growth as industries utilize this advanced material for lightweight and high-strength applications. This market`s outlook is driven by factors such as the increasing demand for carbon fiber in aerospace, automotive, and sporting goods, the growth of the composites and manufacturing sectors, and the adoption of carbon fiber for its superior mechanical properties. Additionally, the development of cost-effective and sustainable carbon fiber production methods and the rising focus on reducing carbon emissions in various industries are further contributing to market growth. Some of the key players in the India carbon fiber market include CarbonTech Industries, AeroFiber Composites, and CarbonForce Pvt. Ltd.

Key Highlights of the Report:

  • India Carbon Fibre Market Outlook
  • Market Size of India Carbon Fibre Market, 2024
  • Forecast of India Carbon Fibre Market, 2031
  • Historical Data and Forecast of India Carbon Fibre Revenues & Volume for the Period 2021-2031
  • India Carbon Fibre Market Trend Evolution
  • India Carbon Fibre Market Drivers and Challenges
  • India Carbon Fibre Price Trends
  • India Carbon Fibre Porter's Five Forces
  • India Carbon Fibre Industry Life Cycle
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Raw Material for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Pan based Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Pitch based Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Continuous Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Long Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Short Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Fiber Type for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Virgin Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Recycled Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Modulus for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Standard Modulus for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Intermediate Modulus for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By High Modulus for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Composite for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Non-composite for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Wind Energy for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Sporting Goods for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Civil Engineering for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Pipe & Tank for the Period 2021-2031
  • Historical Data and Forecast of India Carbon Fibre Market Revenues & Volume By Marine for the Period 2021-2031
  • India Carbon Fibre Import Export Trade Statistics
  • Market Opportunity Assessment By Raw Material
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Fiber Type
  • Market Opportunity Assessment By Modulus
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-use
  • India Carbon Fibre Top Companies Market Share
  • India Carbon Fibre Competitive Benchmarking By Technical and Operational Parameters
  • India Carbon Fibre Company Profiles
  • India Carbon Fibre Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Carbon Fibre Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Carbon Fibre Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Carbon Fibre Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Carbon Fibre Market Revenues & Volume, 2021 & 2031F

3.3 India Carbon Fibre Market - Industry Life Cycle

3.4 India Carbon Fibre Market - Porter's Five Forces

3.5 India Carbon Fibre Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

3.6 India Carbon Fibre Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 India Carbon Fibre Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

3.8 India Carbon Fibre Market Revenues & Volume Share, By Modulus, 2021 & 2031F

3.9 India Carbon Fibre Market Revenues & Volume Share, By Application, 2021 & 2031F

3.10 India Carbon Fibre Market Revenues & Volume Share, By End-use, 2021 & 2031F

4 India Carbon Fibre Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and high-strength materials in industries such as aerospace, automotive, and defense.

4.2.2 Growing focus on sustainable and eco-friendly materials to reduce carbon footprint.

4.2.3 Technological advancements leading to cost reduction and improved performance of carbon fiber products.

4.3 Market Restraints

4.3.1 High initial investment and production costs associated with carbon fiber materials.

4.3.2 Limited awareness and adoption of carbon fiber composites in certain industries.

4.3.3 Challenges in recycling and disposal of carbon fiber waste materials.

5 India Carbon Fibre Market Trends

6 India Carbon Fibre Market, By Types

6.1 India Carbon Fibre Market, By Raw Material

6.1.1 Overview and Analysis

6.1.2 India Carbon Fibre Market Revenues & Volume, By Raw Material, 2021-2031F

6.1.3 India Carbon Fibre Market Revenues & Volume, By Pan??based Carbon Fiber, 2021-2031F

6.1.4 India Carbon Fibre Market Revenues & Volume, By Pitch??based Carbon Fiber, 2021-2031F

6.2 India Carbon Fibre Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 India Carbon Fibre Market Revenues & Volume, By Continuous Carbon Fiber, 2021-2031F

6.2.3 India Carbon Fibre Market Revenues & Volume, By Long Carbon Fiber, 2021-2031F

6.2.4 India Carbon Fibre Market Revenues & Volume, By Short Carbon Fiber, 2021-2031F

6.3 India Carbon Fibre Market, By Fiber Type

6.3.1 Overview and Analysis

6.3.2 India Carbon Fibre Market Revenues & Volume, By Virgin Carbon Fiber, 2021-2031F

6.3.3 India Carbon Fibre Market Revenues & Volume, By Recycled Carbon Fiber, 2021-2031F

6.4 India Carbon Fibre Market, By Modulus

6.4.1 Overview and Analysis

6.4.2 India Carbon Fibre Market Revenues & Volume, By Standard Modulus, 2021-2031F

6.4.3 India Carbon Fibre Market Revenues & Volume, By Intermediate Modulus, 2021-2031F

6.4.4 India Carbon Fibre Market Revenues & Volume, By High Modulus, 2021-2031F

6.5 India Carbon Fibre Market, By Application

6.5.1 Overview and Analysis

6.5.2 India Carbon Fibre Market Revenues & Volume, By Composite, 2021-2031F

6.5.3 India Carbon Fibre Market Revenues & Volume, By Non-composite, 2021-2031F

6.6 India Carbon Fibre Market, By End-use

6.6.1 Overview and Analysis

6.6.2 India Carbon Fibre Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.6.3 India Carbon Fibre Market Revenues & Volume, By Automotive, 2021-2031F

6.6.4 India Carbon Fibre Market Revenues & Volume, By Wind Energy, 2021-2031F

6.6.5 India Carbon Fibre Market Revenues & Volume, By Sporting Goods, 2021-2031F

6.6.6 India Carbon Fibre Market Revenues & Volume, By Electrical & Electronics, 2021-2031F

6.6.7 India Carbon Fibre Market Revenues & Volume, By Civil Engineering, 2021-2031F

6.6.8 India Carbon Fibre Market Revenues & Volume, By Marine, 2021-2031F

6.6.9 India Carbon Fibre Market Revenues & Volume, By Marine, 2021-2031F

7 India Carbon Fibre Market Import-Export Trade Statistics

7.1 India Carbon Fibre Market Export to Major Countries

7.2 India Carbon Fibre Market Imports from Major Countries

8 India Carbon Fibre Market Key Performance Indicators

8.1 Percentage increase in the adoption of carbon fiber materials in key industries.

8.2 Research and development investment in carbon fiber technologies.

8.3 Number of new applications and use cases for carbon fiber products.

8.4 Carbon fiber production efficiency and waste reduction metrics.

9 India Carbon Fibre Market - Opportunity Assessment

9.1 India Carbon Fibre Market Opportunity Assessment, By Raw Material, 2021 & 2031F

9.2 India Carbon Fibre Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 India Carbon Fibre Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

9.4 India Carbon Fibre Market Opportunity Assessment, By Modulus, 2021 & 2031F

9.5 India Carbon Fibre Market Opportunity Assessment, By Application, 2021 & 2031F

9.6 India Carbon Fibre Market Opportunity Assessment, By End-use, 2021 & 2031F

10 India Carbon Fibre Market - Competitive Landscape

10.1 India Carbon Fibre Market Revenue Share, By Companies, 2024

10.2 India Carbon Fibre Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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