| Product Code: ETC4515625 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s glass and specialty synthetic fiber import market continued to show strong growth in 2024, with top exporting countries being China, Germany, USA, South Korea, and Mexico. The market remained highly concentrated, with the Herfindahl-Hirschman Index (HHI) reflecting this trend. The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 6.19%, indicating steady expansion. The growth rate in 2024 compared to the previous year was 1.38%, demonstrating a positive momentum in the market.

The India Glass Specialty Synthetic Fiber Market is characterized by the utilization of advanced materials in various industries, including aerospace, construction, and automotive. These fibers, known for their high strength and durability, find applications in reinforcing composites and providing structural integrity. The market is expanding as industries seek lightweight, high-performance materials to enhance their products. In aerospace, for instance, specialty synthetic fibers are crucial for manufacturing lightweight components, while in construction, they contribute to the development of strong and durable structures. As technology and innovation continue to drive material science, the market for glass specialty synthetic fibers is poised for growth.
The glass specialty synthetic fiber market in India is expanding due to the demand from various industries, including construction, automotive, and aerospace. These fibers are used for their high strength and lightweight properties, making them valuable in applications requiring durability and performance. As industries seek to enhance their products and reduce weight, glass specialty synthetic fibers are becoming increasingly popular.
The India glass specialty synthetic fiber market encounters several challenges as it serves diverse industries, including automotive, construction, and aerospace. One of the primary challenges is the need for consistent quality and performance of glass specialty synthetic fibers to meet the specific requirements of these industries. Quality control and standardization are crucial to ensure the reliability and safety of these fibers. Additionally, the market must address environmental concerns related to the disposal of glass specialty synthetic fibers. Developing sustainable disposal and recycling solutions is essential to mitigate the environmental impact. The market is also sensitive to price competition, which can lead to cost-cutting measures that may affect product quality. Regulatory compliance and adherence to quality standards are critical, as they directly influence the acceptance of glass specialty synthetic fibers in various applications. Overcoming these challenges while ensuring product excellence and sustainability is essential for the growth of the glass specialty synthetic fiber market in India.
The market for glass specialty synthetic fibers saw mixed impacts during the pandemic, with some applications facing challenges while others remained stable. As manufacturing and construction recover, the market is expected to rebound.
Prominent companies in India glass specialty synthetic fiber market include Owens Corning, Johns Manville, Nippon Electric Glass, and Taishan Fiberglass.
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 Glass & Specialty Synthetic Fiber Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 India Glass & Specialty Synthetic Fiber Market - Industry Life Cycle |
3.4 India Glass & Specialty Synthetic Fiber Market - Porter's Five Forces |
3.5 India Glass & Specialty Synthetic Fiber Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 India Glass & Specialty Synthetic Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Glass & Specialty Synthetic Fiber Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 India Glass & Specialty Synthetic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in India leading to increased demand for glass and specialty synthetic fibers. |
4.2.2 Rising awareness about energy-efficient and sustainable building materials driving the adoption of specialty synthetic fibers in construction. |
4.2.3 Government initiatives promoting the use of specialty synthetic fibers in sectors like automotive, aerospace, and defense. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the cost of production for glass and specialty synthetic fibers. |
4.3.2 Competition from alternative materials such as carbon fibers and composites affecting market growth. |
4.3.3 Lack of skilled labor and technical expertise hindering the adoption of specialty synthetic fibers in manufacturing processes. |
5 India Glass & Specialty Synthetic Fiber Market Trends |
6 India Glass & Specialty Synthetic Fiber Market, By Types |
6.1 India Glass & Specialty Synthetic Fiber Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.5 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Aramid, 2021-2031F |
6.1.6 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By UHMWPE, 2021-2031F |
6.1.7 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By PPS, 2021-2031F |
6.2 India Glass & Specialty Synthetic Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Composite, 2021-2031F |
6.2.3 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Non-Composite, 2021-2031F |
6.3 India Glass & Specialty Synthetic Fiber Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Aerospace and Defence, 2021-2031F |
6.3.3 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Wind Energy, 2021-2031F |
6.3.4 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.3.5 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Construction and Infrastructure, 2021-2031F |
6.3.6 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Marine, 2021-2031F |
6.3.7 India Glass & Specialty Synthetic Fiber Market Revenues & Volume, By Pipes and Tanks, 2021-2031F |
7 India Glass & Specialty Synthetic Fiber Market Import-Export Trade Statistics |
7.1 India Glass & Specialty Synthetic Fiber Market Export to Major Countries |
7.2 India Glass & Specialty Synthetic Fiber Market Imports from Major Countries |
8 India Glass & Specialty Synthetic Fiber Market Key Performance Indicators |
8.1 Energy efficiency improvements in buildings using specialty synthetic fibers. |
8.2 Number of government contracts or projects utilizing specialty synthetic fibers. |
8.3 Research and development investments in innovative applications of glass and specialty synthetic fibers. |
8.4 Recycling rates of glass and specialty synthetic fibers in the manufacturing process. |
8.5 Carbon footprint reduction achieved through the use of specialty synthetic fibers. |
9 India Glass & Specialty Synthetic Fiber Market - Opportunity Assessment |
9.1 India Glass & Specialty Synthetic Fiber Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 India Glass & Specialty Synthetic Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Glass & Specialty Synthetic Fiber Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 India Glass & Specialty Synthetic Fiber Market - Competitive Landscape |
10.1 India Glass & Specialty Synthetic Fiber Market Revenue Share, By Companies, 2024 |
10.2 India Glass & Specialty Synthetic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |