India Composites in Oil and Gas Industry Market (2025-2031) Outlook | Revenue, Forecast, Growth, Analysis, Companies, Trends, Share, Value, Size & Industry

Market Forecast By Resin Type (Epoxy, Polyester, Phenolic), By Fiber Type (Glass , Carbon), By Application (Pipes, Tanks) And Competitive Landscape
Product Code: ETC4501885 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

India Composites in Oil and GasMarket Overview

Composites have become essential in the oil and gas industry in India for their resistance to corrosion and chemicals. They are used in pipelines, offshore structures, and various equipment. With India growing energy needs and exploration activities, the composites market in the oil and gas sector is expected to thrive.

Drivers of the Market

The India Composites in the Oil and Gas Industry market is driven by the need for corrosion-resistant and durable materials for harsh operating environments. Composites offer excellent resistance to chemicals and extreme temperatures, making them suitable for various applications in the oil and gas sector, including pipelines, offshore platforms, and tanks.

Challenges of the Market

Challenges in the composites market for the oil and gas industry include the need for advanced materials that can withstand harsh environmental conditions. Ensuring the reliability and safety of composites in critical applications is crucial.

COVID-19 Impact on the Market

The India composites in the oil and gas industry market experienced disruptions due to the COVID-19 pandemic. The industry faced challenges with reduced oil prices and production, impacting the demand for composites in this sector. However, composites continued to be valued for their corrosion resistance and durability. The market adapted by offering solutions for cost-effective repairs and maintenance, highlighting the importance of resilient and efficient infrastructure in the oil and gas industry. As the industry recovered, the market focused on digitalization and remote monitoring to enhance the performance and safety of composite materials in critical applications.

Key Players in the Market

Major companies involved in composites in the oil and gas industry include Halliburton, Schlumberger, and Baker Hughes.

Key Highlights of the Report:

  • India Composites in Oil and Gas Industry Market Outlook
  • Market Size of India Composites in Oil and Gas Industry Market, 2024
  • Forecast of India Composites in Oil and Gas Industry Market, 2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Revenues & Volume for the Period 2021-2031
  • India Composites in Oil and Gas Industry Market Trend Evolution
  • India Composites in Oil and Gas Industry Market Drivers and Challenges
  • India Composites in Oil and Gas Industry Price Trends
  • India Composites in Oil and Gas Industry Porter's Five Forces
  • India Composites in Oil and Gas Industry Industry Life Cycle
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Resin Type for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Epoxy for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Polyester for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Phenolic for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Fiber Type for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Glass for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Carbon for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Pipes for the Period 2021-2031
  • Historical Data and Forecast of India Composites in Oil and Gas Industry Market Revenues & Volume By Tanks for the Period 2021-2031
  • India Composites in Oil and Gas Industry Import Export Trade Statistics
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Fiber Type
  • Market Opportunity Assessment By Application
  • India Composites in Oil and Gas Industry Top Companies Market Share
  • India Composites in Oil and Gas Industry Competitive Benchmarking By Technical and Operational Parameters
  • India Composites in Oil and Gas Industry Company Profiles
  • India Composites in Oil and Gas Industry Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Composites in Oil and Gas Industry Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Composites in Oil and Gas Industry Market Revenues & Volume, 2021 & 2031F

3.3 India Composites in Oil and Gas Industry Market - Industry Life Cycle

3.4 India Composites in Oil and Gas Industry Market - Porter's Five Forces

3.5 India Composites in Oil and Gas Industry Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.6 India Composites in Oil and Gas Industry Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

3.7 India Composites in Oil and Gas Industry Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Composites in Oil and Gas Industry Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and corrosion-resistant materials in the oil and gas industry

4.2.2 Growing focus on infrastructure development and exploration activities in India

4.2.3 Rising adoption of composites for improving efficiency and durability in oil and gas operations

4.3 Market Restraints

4.3.1 High initial investment cost for implementing composites in the oil and gas sector

4.3.2 Limited awareness and understanding of the benefits of composites among industry stakeholders

4.3.3 Regulatory challenges and standards compliance requirements for composite materials in the sector

5 India Composites in Oil and Gas Industry Market Trends

6 India Composites in Oil and Gas Industry Market, By Types

6.1 India Composites in Oil and Gas Industry Market, By Resin Type

6.1.1 Overview and Analysis

6.1.2 India Composites in Oil and Gas Industry Market Revenues & Volume, By Resin Type, 2021-2031F

6.1.3 India Composites in Oil and Gas Industry Market Revenues & Volume, By Epoxy, 2021-2031F

6.1.4 India Composites in Oil and Gas Industry Market Revenues & Volume, By Polyester, 2021-2031F

6.1.5 India Composites in Oil and Gas Industry Market Revenues & Volume, By Phenolic, 2021-2031F

6.2 India Composites in Oil and Gas Industry Market, By Fiber Type

6.2.1 Overview and Analysis

6.2.2 India Composites in Oil and Gas Industry Market Revenues & Volume, By Glass , 2021-2031F

6.2.3 India Composites in Oil and Gas Industry Market Revenues & Volume, By Carbon, 2021-2031F

6.3 India Composites in Oil and Gas Industry Market, By Application

6.3.1 Overview and Analysis

6.3.2 India Composites in Oil and Gas Industry Market Revenues & Volume, By Pipes, 2021-2031F

6.3.3 India Composites in Oil and Gas Industry Market Revenues & Volume, By Tanks, 2021-2031F

7 India Composites in Oil and Gas Industry Market Import-Export Trade Statistics

7.1 India Composites in Oil and Gas Industry Market Export to Major Countries

7.2 India Composites in Oil and Gas Industry Market Imports from Major Countries

8 India Composites in Oil and Gas Industry Market Key Performance Indicators

8.1 Percentage increase in the use of composites in oil and gas projects

8.2 Reduction in maintenance and downtime costs due to the implementation of composites

8.3 Number of research and development partnerships between composite manufacturers and oil and gas companies

8.4 Percentage improvement in operational efficiency and safety metrics attributed to composite usage

8.5 Number of new composite material innovations specifically tailored for oil and gas applications

9 India Composites in Oil and Gas Industry Market - Opportunity Assessment

9.1 India Composites in Oil and Gas Industry Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.2 India Composites in Oil and Gas Industry Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

9.3 India Composites in Oil and Gas Industry Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Composites in Oil and Gas Industry Market - Competitive Landscape

10.1 India Composites in Oil and Gas Industry Market Revenue Share, By Companies, 2024

10.2 India Composites in Oil and Gas Industry Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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