Market Forecast By Fiber Type (Carbon, Natural Fiber), By Resin Type (Polyester, Vinyl Ester, Polyethylene , Polypropylene), By Application (Industrial, Commercial, Housing , Civil) And Competitive Landscape
Product Code: ETC4501705 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | India Construction Composites Market |
Forecast period | 2025-2031 |
CAGR | 7.4% |
Growing Sector | Residential |
The India Construction Composites Market Report thoroughly covers the market by fiber type, resin type, and application. The India Construction Composites Market Outlook report provides an unbiased and detailed analysis of the ongoing India Construction Composites Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India construction composites market has been witnessing significant growth in recent years owing to the number of factors driving the market growth. One of the main factor driving the growth of this market is the increasing demand for lightweight materials in the construction industry. With the rising population and rapid urbanization in India, there is a growing need for new and innovative building solutions that can be constructed quickly and with minimal resources.
According to 6Wresearch, the India Construction Composites Market size is projected to rise at a CAGR of 7.4% during 2025-2031. One of the key drivers of the India construction composites market is the demand for lightweight materials. As urbanization and industrialization continue to increase in the country, there is a growing need for efficient and cost-effective construction materials that can also reduce the weight load on buildings. This has led to a rise in the use of composites, which are known for their high strength-to-weight ratio and can be customized to meet specific requirements for different construction projects. These factors are stimulating the India Construction Composites Market growth.
One of the major challenges is the high cost of production and lack of awareness among consumers regarding the benefits of using composites. The initial investment required for setting up composite manufacturing facilities can be significant, which may deter small and medium-sized companies from entering the market. Additionally, many consumers in India are still unaware of the advantages that composites offer over traditional construction materials, which may slow down the adoption rate.
One of the key players in the India construction composites market is JMC Composites. The company offers a wide range of composite products such as pultruded profiles, gratings, and handrails that are used in infrastructure projects like bridges, buildings, and railway tracks. Other major players include Aeron Composite Pvt. Ltd., FibreMax Composites Pvt. Ltd., and Sintex Plastics Technology Ltd.
The Government of India has also taken various initiatives to promote the use of composites in the construction industry. The Ministry of Road Transport and Highways has approved the use of glass fibre reinforced polymer (GFRP) rebars in road construction, which offer better durability, corrosion resistance, and lower maintenance costs compared to traditional steel rebars. This move is expected to boost the demand for construction composites in the country. Moreover, the government's focus on developing affordable housing and smart cities has also created a favourable market for construction composites. These materials are increasingly being used in the construction of prefabricated structures, modular housing units, and green buildings. This is due to their lightweight nature, which reduces the overall weight of the structure and provides better energy efficiency.
The India construction composites market is expected to grow at a significant rate in the coming years. This growth can be attributed to various factors such as increasing demand for lightweight and durable materials in the construction industry, rising focus on sustainable building solutions, and advancements in composite technologies. One of the main drivers for the growth of this market is the increasing demand for lightweight materials in the construction industry.
According to Prakhar, Senior Research Analyst, 6Wresearch, carbon fiber composites are currently witnessing the highest growth rate. This can be attributed to their superior strength, stiffness, and lightweight properties, making them ideal for use in heavy-duty structural components such as bridges, buildings, and wind turbines.
The housing segment is experiencing significant growth and is expected to dominate the market during the forecast period due to the high demand for construction composites from this segment.
The report provides a detailed analysis of the following market segments:
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 Construction Composites Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Construction Composites Market Revenues & Volume, 2021 & 2031F |
3.3 India Construction Composites Market - Industry Life Cycle |
3.4 India Construction Composites Market - Porter's Five Forces |
3.5 India Construction Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 India Construction Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 India Construction Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Construction Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in construction projects |
4.2.2 Government initiatives promoting the use of composites for sustainable construction practices |
4.2.3 Growth in infrastructure development and urbanization in India |
4.3 Market Restraints |
4.3.1 High initial costs associated with using composites in construction |
4.3.2 Limited awareness and knowledge about the benefits of construction composites among industry stakeholders |
4.3.3 Challenges in sourcing raw materials and manufacturing capabilities for construction composites |
5 India Construction Composites Market Trends |
6 India Construction Composites Market, By Types |
6.1 India Construction Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 India Construction Composites Market Revenues & Volume, By Fiber Type, 2021 - 2031F |
6.1.3 India Construction Composites Market Revenues & Volume, By Carbon, 2021 - 2031F |
6.1.4 India Construction Composites Market Revenues & Volume, By Natural Fiber, 2021 - 2031F |
6.2 India Construction Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 India Construction Composites Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.3 India Construction Composites Market Revenues & Volume, By Vinyl Ester, 2021 - 2031F |
6.2.4 India Construction Composites Market Revenues & Volume, By Polyethylene , 2021 - 2031F |
6.2.5 India Construction Composites Market Revenues & Volume, By Polypropylene, 2021 - 2031F |
6.3 India Construction Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Construction Composites Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.3 India Construction Composites Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 India Construction Composites Market Revenues & Volume, By Housing , 2021 - 2031F |
6.3.5 India Construction Composites Market Revenues & Volume, By Civil, 2021 - 2031F |
7 India Construction Composites Market Import-Export Trade Statistics |
7.1 India Construction Composites Market Export to Major Countries |
7.2 India Construction Composites Market Imports from Major Countries |
8 India Construction Composites Market Key Performance Indicators |
8.1 Adoption rate of construction composites in new construction projects |
8.2 Percentage increase in government investments in infrastructure projects using composites |
8.3 Number of research and development projects focused on improving composite materials for construction applications |
8.4 Percentage growth in the number of construction companies incorporating composites in their building designs |
8.5 Environmental impact assessment data related to the use of construction composites in reducing carbon footprint |
9 India Construction Composites Market - Opportunity Assessment |
9.1 India Construction Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 India Construction Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 India Construction Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Construction Composites Market - Competitive Landscape |
10.1 India Construction Composites Market Revenue Share, By Companies, 2024 |
10.2 India Construction Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |