| Product Code: ETC7540492 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India composite material market import shipment experienced a significant decline with a CAGR of -10.0% from 2020 to 2024. However, there was a notable rebound in growth between 2023 and 2024, with a growth rate of 34.8%. Despite the overall contraction, the market displayed signs of recovery and momentum towards the end of the period.
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 Composite Material Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Composite Material Market Revenues & Volume, 2021 & 2031F |
3.3 India Composite Material Market - Industry Life Cycle |
3.4 India Composite Material Market - Porter's Five Forces |
3.5 India Composite Material Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 India Composite Material Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 India Composite Material Market Revenues & Volume Share, By Coatings, 2021 & 2031F |
3.8 India Composite Material Market Revenues & Volume Share, By Adhesives, 2021 & 2031F |
3.9 India Composite Material Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 India Composite Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as automotive, aerospace, and construction. |
4.2.2 Government initiatives promoting the use of composite materials for sustainability and environmental benefits. |
4.2.3 Technological advancements leading to the development of innovative composite materials with enhanced properties. |
4.3 Market Restraints |
4.3.1 High initial investment and manufacturing costs associated with composite materials. |
4.3.2 Lack of awareness and expertise in handling and processing composite materials among end-users. |
4.3.3 Challenges in recycling and disposal of composite materials, leading to environmental concerns. |
5 India Composite Material Market Trends |
6 India Composite Material Market, By Types |
6.1 India Composite Material Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 India Composite Material Market Revenues & Volume, By Resin, 2021- 2031F |
6.1.3 India Composite Material Market Revenues & Volume, By Thermoset Resin, 2021- 2031F |
6.1.4 India Composite Material Market Revenues & Volume, By EpoxyVinyl, 2021- 2031F |
6.1.5 India Composite Material Market Revenues & Volume, By Ester Pheonolics Cyanate, 2021- 2031F |
6.1.6 India Composite Material Market Revenues & Volume, By Esters Polyimides, 2021- 2031F |
6.1.7 India Composite Material Market Revenues & Volume, By Other, 2021- 2031F |
6.1.8 India Composite Material Market Revenues & Volume, By Bismaleimides, 2021- 2031F |
6.2 India Composite Material Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 India Composite Material Market Revenues & Volume, By Glass Fiber, 2021- 2031F |
6.2.3 India Composite Material Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.2.4 India Composite Material Market Revenues & Volume, By Aramid Fiber, 2021- 2031F |
6.2.5 India Composite Material Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Composite Material Market, By Coatings |
6.3.1 Overview and Analysis |
6.3.2 India Composite Material Market Revenues & Volume, By Gel Coat, 2021- 2031F |
6.3.3 India Composite Material Market Revenues & Volume, By Surface Veil, 2021- 2031F |
6.4 India Composite Material Market, By Adhesives |
6.4.1 Overview and Analysis |
6.4.2 India Composite Material Market Revenues & Volume, By Epoxies, 2021- 2031F |
6.4.3 India Composite Material Market Revenues & Volume, By Bismaleimide, 2021- 2031F |
6.4.4 India Composite Material Market Revenues & Volume, By Cyanate Ester, 2021- 2031F |
6.4.5 India Composite Material Market Revenues & Volume, By Modified Acrylics, 2021- 2031F |
6.4.6 India Composite Material Market Revenues & Volume, By Polyurethanes, 2021- 2031F |
6.4.7 India Composite Material Market Revenues & Volume, By Silicones, 2021- 2031F |
6.5 India Composite Material Market, By End-user Industry |
6.5.1 Overview and Analysis |
6.5.2 India Composite Material Market Revenues & Volume, By Construction, 2021- 2031F |
6.5.3 India Composite Material Market Revenues & Volume, By Transportation, 2021- 2031F |
6.5.4 India Composite Material Market Revenues & Volume, By Electronics & Electrical, 2021- 2031F |
6.5.5 India Composite Material Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.5.6 India Composite Material Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.5.7 India Composite Material Market Revenues & Volume, By Industrial, 2021- 2031F |
7 India Composite Material Market Import-Export Trade Statistics |
7.1 India Composite Material Market Export to Major Countries |
7.2 India Composite Material Market Imports from Major Countries |
8 India Composite Material Market Key Performance Indicators |
8.1 Research and development investment in new composite material technologies. |
8.2 Adoption rate of composite materials in key industries. |
8.3 Number of government policies supporting the use of composite materials for sustainable development. |
8.4 Growth in the number of skilled professionals and training programs in composite material handling and processing. |
8.5 Environmental impact assessments and sustainability metrics for composite material usage. |
9 India Composite Material Market - Opportunity Assessment |
9.1 India Composite Material Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 India Composite Material Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 India Composite Material Market Opportunity Assessment, By Coatings, 2021 & 2031F |
9.4 India Composite Material Market Opportunity Assessment, By Adhesives, 2021 & 2031F |
9.5 India Composite Material Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 India Composite Material Market - Competitive Landscape |
10.1 India Composite Material Market Revenue Share, By Companies, 2024 |
10.2 India Composite Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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