India Fiber Reinforced Polymer (FRP) Composites Market (2025-2031) | Forecast, Trends, Analysis, Segmentation, Growth, Outlook, Industry, Value, Share, Companies, Competitive Landscape, Size & Revenue

Market Forecast By Fiber Type (Glass, Carbon, Basalt, Aramid), By Application (Automotive, Construction, Electronic, Defense) And Competitive Landscape
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

India Fiber Reinforced Polymer (Frp) Composites Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

India Fiber Reinforced Polymer (Frp) Composites Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • India Fiber Reinforced Polymer (FRP) Composites Market Outlook
  • Market Size of India Fiber Reinforced Polymer (FRP) Composites Market, 2024
  • Forecast of India Fiber Reinforced Polymer (FRP) Composites Market, 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Revenues & Volume for the Period 2021- 2031
  • India Fiber Reinforced Polymer (FRP) Composites Market Trend Evolution
  • India Fiber Reinforced Polymer (FRP) Composites Market Drivers and Challenges
  • India Fiber Reinforced Polymer (FRP) Composites Price Trends
  • India Fiber Reinforced Polymer (FRP) Composites Porter's Five Forces
  • India Fiber Reinforced Polymer (FRP) Composites Industry Life Cycle
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Fiber Type for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Glass for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Carbon for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Basalt for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Aramid for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Automotive for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Construction for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Electronic for the Period 2021- 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Composites Market Revenues & Volume By Defense for the Period 2021- 2031
  • India Fiber Reinforced Polymer (FRP) Composites Import Export Trade Statistics
  • Market Opportunity Assessment By Fiber Type
  • Market Opportunity Assessment By Application
  • India Fiber Reinforced Polymer (FRP) Composites Top Companies Market Share
  • India Fiber Reinforced Polymer (FRP) Composites Competitive Benchmarking By Technical and Operational Parameters
  • India Fiber Reinforced Polymer (FRP) Composites Company Profiles
  • India Fiber Reinforced Polymer (FRP) Composites Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Fiber Reinforced Polymer (FRP) Composites Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Fiber Reinforced Polymer (FRP) Composites Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 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

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