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

Market Forecast By Application (FRP), By Panels & Sheets Application (Recreational Vehicles, Building & Construction, Truck & Trailers, Others) And Competitive Landscape
Product Code: ETC4502065 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Fiber Reinforced Polymer (Frp) Panels & Sheets Market Import Shipment Trend (2020-2024)

The India fiber reinforced polymer (FRP) panels & sheets market import shipments demonstrated a steady expansion with a CAGR of 3.3% from 2020 to 2024. Notably, there was a significant acceleration in growth between 2023 and 2024, with a growth rate of 53.0%. The market exhibited a positive momentum, indicating a robust upward trend during the period.

Graph Showing India fiber reinforced polymer (frp) panels & sheets market Shipment Trend & Volume from 2020-2024

India Fiber Reinforced Polymer (FRP) Panels Sheets Market Overview

FRP panels and sheets are widely used in India for their lightweight, durable, and corrosion-resistant properties. They are employed in various industries, including construction, automotive, and agriculture. As these industries continue to grow, the demand for FRP panels and sheets is expected to increase.

Drivers of the Market

The India FRP Panels and Sheets market is witnessing growth due to the increasing demand for lightweight, durable, and corrosion-resistant building materials. FRP panels and sheets find applications in construction, transportation, and industrial sectors, where their exceptional strength and longevity make them a preferred choice.

Challenges of the Market

Challenges in the FRP panels and sheets market include concerns about UV resistance, colorfastness, and long-term durability. The market must also work on improving product customization options to cater to different applications.

COVID-19 Impact on the Market

The COVID-19 pandemic influenced the India FRP panels and sheets market as the construction sector experienced disruptions and reduced activity during lockdowns. While the demand for FRP panels and sheets temporarily slowed down, the market demonstrated adaptability and innovation. FRP materials, known for their lightweight and high-strength properties, found applications in temporary healthcare facilities and emergency infrastructure. The market adapted by focusing on sustainability and energy efficiency, offering solutions for green building projects and infrastructure upgrades. As construction activities resumed, the market emphasized digitalization and construction technologies to enhance the performance of FRP materials in various applications.

Key Players in the Market

The India FRP panels and sheets market is prominently steered by major players like Everest Composites, Uday Structurals & Engineers, Fiberr Xel, and EPP Composites.

Key Highlights of the Report:

  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Outlook
  • Market Size of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market, 2024
  • Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market, 2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Revenues & Volume for the Period 2021-2031
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Trend Evolution
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Drivers and Challenges
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Price Trends
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Porter's Five Forces
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Industry Life Cycle
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By FRP for the Period 2021-2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By Panels & Sheets Application for the Period 2021-2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By Recreational Vehicles for the Period 2021-2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By Building & Construction for the Period 2021-2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By Truck & Trailers for the Period 2021-2031
  • Historical Data and Forecast of India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume By Others for the Period 2021-2031
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Panels & Sheets Application
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Top Companies Market Share
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Competitive Benchmarking By Technical and Operational Parameters
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Company Profiles
  • India Fiber Reinforced Polymer (FRP) Panels & Sheets Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Fiber Reinforced Polymer (FRP) Panels & Sheets 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) Panels & Sheets 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) Panels & Sheets Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, 2021 & 2031F

3.3 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market - Industry Life Cycle

3.4 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market - Porter's Five Forces

3.5 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume Share, By Panels & Sheets Application, 2021 & 2031F

4 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and durable construction materials

4.2.2 Growth in the construction and infrastructure sector in India

4.2.3 Rising awareness about the benefits of FRP panels sheets over traditional materials

4.3 Market Restraints

4.3.1 High initial costs of FRP panels sheets compared to conventional materials

4.3.2 Limited awareness and understanding of FRP products in the market

4.3.3 Challenges in recycling and disposal of FRP materials

5 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Trends

6 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market, By Types

6.1 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market, By Application

6.1.1 Overview and Analysis

6.1.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, By Application, 2021-2031F

6.1.3 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, By FRP, 2021-2031F

6.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market, By Panels & Sheets Application

6.2.1 Overview and Analysis

6.2.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, By Recreational Vehicles, 2021-2031F

6.2.3 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, By Building & Construction, 2021-2031F

6.2.4 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, By Truck & Trailers, 2021-2031F

6.2.5 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenues & Volume, By Others, 2021-2031F

7 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Import-Export Trade Statistics

7.1 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Export to Major Countries

7.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Imports from Major Countries

8 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Key Performance Indicators

8.1 Number of infrastructure projects utilizing FRP panels sheets

8.2 Adoption rate of FRP materials in new construction projects

8.3 Number of collaborations between FRP manufacturers and construction companies for product development

8.4 Percentage increase in research and development investments in FRP technology

8.5 Growth in the number of skilled labor and technicians trained in FRP installation and maintenance

9 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market - Opportunity Assessment

9.1 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Opportunity Assessment, By Panels & Sheets Application, 2021 & 2031F

10 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market - Competitive Landscape

10.1 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Revenue Share, By Companies, 2024

10.2 India Fiber Reinforced Polymer (FRP) Panels & Sheets Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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