| Product Code: ETC4501045 | 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 |
Epoxy composites are widely used in India aerospace, automotive, and construction industries due to their excellent bonding properties, strength, and resistance to chemicals and environmental factors. These materials play a crucial role in composite manufacturing and adhesive applications, contributing to the growth of various sectors.
The India epoxy composite market is witnessing growth, primarily driven by the construction and automotive sectors. Epoxy composites are used in a variety of applications, including infrastructure reinforcement and lightweight automotive components. The construction industry`s need for durable and high-strength materials in structural elements has led to the increased use of epoxy composites. Additionally, the automotive sector`s focus on reducing vehicle weight and emissions is contributing to market growth. The electrical and electronics industry is also adopting epoxy composites for their excellent electrical insulation properties.
The epoxy composite market in India faces challenges related to the high initial cost of epoxy resins and the associated processing equipment. Additionally, the market must address concerns regarding the environmental impact of epoxy production and disposal, as well as the need for skilled labor for proper handling and application.
The India epoxy composite market was influenced by the COVID-19 pandemic in multiple ways. While some industries that use epoxy composites, such as aerospace and automotive, faced significant challenges due to supply chain disruptions and reduced consumer demand, other sectors like healthcare and renewable energy saw increased use of epoxy composites in the manufacturing of medical devices, wind turbine blades, and solar panels. The pandemic highlighted the importance of lightweight, strong, and corrosion-resistant materials in various applications. The epoxy composite market exhibited adaptability and innovation by exploring new applications, such as in the production of personal protective equipment (PPE) and medical devices, as well as increasing efforts to improve sustainability by incorporating recycled materials.
Major participants in the epoxy composite market include Huntsman Corporation, 3M, and Sika AG.
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 Epoxy Composite Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Epoxy Composite Market Revenues & Volume, 2021 & 2031F |
3.3 India Epoxy Composite Market - Industry Life Cycle |
3.4 India Epoxy Composite Market - Porter's Five Forces |
3.5 India Epoxy Composite Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 India Epoxy Composite Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 India Epoxy Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as aerospace, automotive, and construction. |
4.2.2 Growth in infrastructure development projects in India, leading to higher usage of epoxy composites in applications like bridges, buildings, and pipelines. |
4.2.3 Rising focus on renewable energy sources driving the demand for epoxy composites in wind turbine blades and solar panels. |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with epoxy composites manufacturing. |
4.3.2 Lack of awareness and technical expertise among end-users regarding the benefits and applications of epoxy composites. |
4.3.3 Strict environmental regulations and concerns related to the disposal and recycling of epoxy composite materials. |
5 India Epoxy Composite Market Trends |
6 India Epoxy Composite Market, By Types |
6.1 India Epoxy Composite Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 India Epoxy Composite Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 India Epoxy Composite Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 India Epoxy Composite Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 India Epoxy Composite Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 India Epoxy Composite Market Revenues & Volume, By Lay-up, 2021-2031F |
6.2.3 India Epoxy Composite Market Revenues & Volume, By Compression Molding, 2021-2031F |
6.2.4 India Epoxy Composite Market Revenues & Volume, By Resin Injection, 2021-2031F |
6.2.5 India Epoxy Composite Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.2.6 India Epoxy Composite Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.2.7 India Epoxy Composite Market Revenues & Volume, By Pultrusion, 2021-2031F |
7 India Epoxy Composite Market Import-Export Trade Statistics |
7.1 India Epoxy Composite Market Export to Major Countries |
7.2 India Epoxy Composite Market Imports from Major Countries |
8 India Epoxy Composite Market Key Performance Indicators |
8.1 Percentage increase in the adoption of epoxy composites in key industries annually. |
8.2 Number of new infrastructure projects utilizing epoxy composites. |
8.3 Research and development investment in epoxy composite technologies. |
8.4 Percentage growth in the number of skilled professionals in the epoxy composite industry. |
8.5 Reduction in the carbon footprint associated with the production of epoxy composites. |
9 India Epoxy Composite Market - Opportunity Assessment |
9.1 India Epoxy Composite Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 India Epoxy Composite Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 India Epoxy Composite Market - Competitive Landscape |
10.1 India Epoxy Composite Market Revenue Share, By Companies, 2024 |
10.2 India Epoxy Composite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |