| Product Code: ETC7543303 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India`s import of fiber reinforced polymer (FRP) composites continued to be dominated by top exporting countries such as China, USA, Germany, Italy, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -12.54% from 2020 to 2024. Moreover, the negative growth rate of -15.92% from 2023 to 2024 suggests a challenging year for FRP composite imports in India. This trend may prompt stakeholders to reassess market strategies and adapt to changing dynamics.

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 Fiber Reinforced Polymer (FRP) Composites Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, 2021 & 2031F |
3.3 India Fiber Reinforced Polymer (FRP) Composites Market - Industry Life Cycle |
3.4 India Fiber Reinforced Polymer (FRP) Composites Market - Porter's Five Forces |
3.5 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Fiber Reinforced Polymer (FRP) Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries |
4.2.2 Growing infrastructure development and construction activities in India |
4.3 Market Restraints |
4.3.1 High initial investment and production costs associated with FRP composites |
4.3.2 Limited awareness and adoption of FRP composites in some market segments |
5 India Fiber Reinforced Polymer (FRP) Composites Market Trends |
6 India Fiber Reinforced Polymer (FRP) Composites Market, By Types |
6.1 India Fiber Reinforced Polymer (FRP) Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Fiber Type, 2021- 2031F |
6.1.3 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Glass, 2021- 2031F |
6.1.4 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Carbon, 2021- 2031F |
6.1.5 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Basalt, 2021- 2031F |
6.1.6 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Aramid, 2021- 2031F |
6.2 India Fiber Reinforced Polymer (FRP) Composites Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.4 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Electronic, 2021- 2031F |
6.2.5 India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume, By Defense, 2021- 2031F |
7 India Fiber Reinforced Polymer (FRP) Composites Market Import-Export Trade Statistics |
7.1 India Fiber Reinforced Polymer (FRP) Composites Market Export to Major Countries |
7.2 India Fiber Reinforced Polymer (FRP) Composites Market Imports from Major Countries |
8 India Fiber Reinforced Polymer (FRP) Composites Market Key Performance Indicators |
8.1 Research and development investment in FRP composites technologies |
8.2 Number of new applications or industries adopting FRP composites |
8.3 Environmental regulations compliance rate for FRP composites manufacturing and usage |
9 India Fiber Reinforced Polymer (FRP) Composites Market - Opportunity Assessment |
9.1 India Fiber Reinforced Polymer (FRP) Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 India Fiber Reinforced Polymer (FRP) Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Fiber Reinforced Polymer (FRP) Composites Market - Competitive Landscape |
10.1 India Fiber Reinforced Polymer (FRP) Composites Market Revenue Share, By Companies, 2024 |
10.2 India Fiber Reinforced Polymer (FRP) Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |