| Product Code: ETC4576045 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India composite materials market has witnessed growth as automotive manufacturers seek lightweight and durable materials to improve fuel efficiency and reduce emissions. Composite materials are used in various vehicle components, including body panels and interior parts. With the demand for fuel-efficient vehicles on the rise, there is an increasing adoption of composite materials to reduce overall vehicle weight. The market is characterized by innovations in composite material compositions and manufacturing processes. As the automotive industry continues to prioritize sustainability and fuel efficiency, the composite materials market is poised for further growth.
The India composite materials market for automotive applications is advancing due to the need for lightweight materials to improve fuel efficiency and reduce emissions. Composites offer a balance between strength and weight, making them an ideal choice for various vehicle components, contributing to sustainability.
The composite materials market in India faces challenges associated with developing lightweight, high-strength materials while managing costs and recyclability. Balancing performance and sustainability is vital.
The India composite materials market faced challenges due to the COVID-19 pandemic, with disruptions in manufacturing and supply chain operations impacting the demand for composite materials in the automotive sector. Composite materials are valued for their lightweight and durable properties. As the automotive industry rebounds and manufacturers look for ways to improve fuel efficiency and reduce emissions, the market for composite materials is expected to recover.
In the composite materials market, notable companies include L&T Composites, Kemrock Industries, and Jushi India. They produce composite materials used in lightweight vehicle components for improved fuel efficiency.
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 Materials Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Composite Materials Market Revenues & Volume, 2021 & 2031F |
3.3 India Composite Materials Market - Industry Life Cycle |
3.4 India Composite Materials Market - Porter's Five Forces |
3.5 India Composite Materials Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 India Composite Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Composite Materials Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Composite Materials 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 aerospace, automotive, and construction. |
4.2.2 Government initiatives promoting the use of composite materials in infrastructure development projects. |
4.2.3 Growing awareness about the benefits of composite materials such as durability, corrosion resistance, and design flexibility. |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with composite materials. |
4.3.2 Limited availability of raw materials required for composite manufacturing. |
4.3.3 Lack of skilled labor and technical expertise in the field of composite materials. |
5 India Composite Materials Market Trends |
6 India Composite Materials Market, By Types |
6.1 India Composite Materials Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Composite Materials Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 India Composite Materials Market Revenues & Volume, By PMC, 2021-2031F |
6.1.4 India Composite Materials Market Revenues & Volume, By MMC, 2021-2031F |
6.1.5 India Composite Materials Market Revenues & Volume, By CMC, 2021-2031F |
6.2 India Composite Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Composite Materials Market Revenues & Volume, By Structural, 2021-2031F |
6.2.3 India Composite Materials Market Revenues & Volume, By Powertrain, 2021-2031F |
6.2.4 India Composite Materials Market Revenues & Volume, By Interior, 2021-2031F |
6.2.5 India Composite Materials Market Revenues & Volume, By Exterior, 2021-2031F |
6.2.6 India Composite Materials Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Composite Materials Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Composite Materials Market Revenues & Volume, By PC, 2021-2031F |
6.3.3 India Composite Materials Market Revenues & Volume, By LCV, 2021-2031F |
6.3.4 India Composite Materials Market Revenues & Volume, By HCV, 2021-2031F |
6.3.5 India Composite Materials Market Revenues & Volume, By Rolling Stock, 2021-2031F |
7 India Composite Materials Market Import-Export Trade Statistics |
7.1 India Composite Materials Market Export to Major Countries |
7.2 India Composite Materials Market Imports from Major Countries |
8 India Composite Materials Market Key Performance Indicators |
8.1 Research and development investment in innovative composite material technologies. |
8.2 Adoption rate of composite materials in key industries. |
8.3 Number of partnerships and collaborations for technology transfer and knowledge sharing in the composite materials sector. |
9 India Composite Materials Market - Opportunity Assessment |
9.1 India Composite Materials Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 India Composite Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Composite Materials Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Composite Materials Market - Competitive Landscape |
10.1 India Composite Materials Market Revenue Share, By Companies, 2024 |
10.2 India Composite Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |