India Thermoplastic Composites Market (2025-2031) Outlook | Revenue, Value, Forecast, Industry, Growth, Trends, Analysis, Size, Share & Companies

Market Forecast By Resin Type (PA, PP, PEEK, Hybrid, Others), By Fiber Type (Carbon, Glass, Mineral, Others), By Product Type (Short Fiber Thermoplastics, Glass Mat Thermoplastics, Long Fiber Thermoplastics, Continuous Fiber Thermoplastics), By Application (Automotive & Transportation, Oil & Gas, Aerospace, Agriculture, Marine, Construction, Electrical & Electronics, Others) And Competitive Landscape
Product Code: ETC308004 Publication Date: Aug 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Thermoplastic Composites Market Import Shipment Trend (2020-2024)

The India thermoplastic composites market import shipment demonstrated a steady upward trajectory from 2020 to 2024, with a robust CAGR of 8.7%. However, growth slightly decelerated between 2023 and 2024, with a growth rate of 3.7%. Overall, the market expanded consistently, albeit at a slightly slower pace in the most recent period.

Graph Showing India thermoplastic composites market Shipment Trend & Volume from 2020-2024

India Thermoplastic Composites Market Synopsis

The thermoplastic composites market revenue generated from sales across India amounted close to $320 million back in 2025 which is expected grow significantly over upcoming years registering a compound annual growth rate (CAGR) above 10% between 2025? 2031 timeline due rising application scope especially within automotive sector because these materials offer enhanced mechanical properties such as stiffness, weight savings improving fuel economy along with excellent chemical resistance capability besides being easily moldable through wide range manufacturing processes including extrusion blow molding or injection molding among others while also reducing costs associated with tool making when compared against conventional composite materials based on resins reinforced glass fibers or metals respectively.

Drivers of the market

The India thermoplastic composites market is experiencing growth as industries seek lightweight and high-performance materials. This market`s outlook is driven by factors such as the increasing demand for thermoplastic composites in aerospace, automotive, and construction applications, the growth of the transportation and infrastructure sectors, and the adoption of thermoplastic composites for their excellent mechanical properties and ease of processing. Additionally, the development of carbon fiber-reinforced and glass fiber-reinforced thermoplastic composites and the rising focus on sustainability and recyclability in composite materials are further contributing to market growth. The market is also driven by the need for fuel-efficient and eco-friendly solutions in transportation and infrastructure projects.

Challenges of the Market

The India thermoplastic composites market is experiencing growth as industries seek lightweight and high-performance materials for various applications. This market`s outlook is driven by factors such as the increasing demand for thermoplastic composites in aerospace, automotive, and construction sectors, the growth of the composites industry, and the adoption of thermoplastic materials for their durability and recyclability. Additionally, the development of carbon fiber and glass fiber-reinforced thermoplastics and the rising focus on sustainable and energy-efficient materials are further contributing to market growth. However, the market faces challenges related to the high cost of advanced thermoplastic composites and the need for specialized manufacturing processes and equipment, affecting their adoption in certain applications.

Covid-19 Impact on the Market

The India thermoplastic composites market is witnessing significant growth as industries seek lightweight and high-strength materials for various applications. This market`s outlook is driven by factors such as the increasing demand for thermoplastic composites in automotive, aerospace, and construction sectors, the growth of the manufacturing and engineering industries, and the adoption of composites for their superior mechanical properties and design flexibility. Additionally, the development of reinforced and high-performance thermoplastic composites and the rising focus on material innovation and product development are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in industrial activities and supply chain challenges. However, it is expected to recover with the resumption of manufacturing operations and the growing demand for lightweight and sustainable materials.

Key Highlights of the Report:

  • India Thermoplastic Composites Market Outlook
  • Market Size of India Thermoplastic Composites Market, 2024
  • Forecast of India Thermoplastic Composites Market, 2031
  • Historical Data and Forecast of India Thermoplastic Composites Revenues & Volume for the Period 2021-2031
  • India Thermoplastic Composites Market Trend Evolution
  • India Thermoplastic Composites Market Drivers and Challenges
  • India Thermoplastic Composites Price Trends
  • India Thermoplastic Composites Porter's Five Forces
  • India Thermoplastic Composites Industry Life Cycle
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Resin Type for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By PA for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By PP for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By PEEK for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Hybrid for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Fiber Type for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Carbon for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Glass for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Mineral for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Short Fiber Thermoplastics for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Glass Mat Thermoplastics for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Long Fiber Thermoplastics for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Continuous Fiber Thermoplastics for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Automotive & Transportation for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Oil & Gas for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Aerospace for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Marine for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Electrical & Electronics for the Period 2021-2031
  • Historical Data and Forecast of India Thermoplastic Composites Market Revenues & Volume By Others for the Period 2021-2031
  • India Thermoplastic Composites Import Export Trade Statistics
  • Market Opportunity Assessment By Resin Type
  • Market Opportunity Assessment By Fiber Type
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • India Thermoplastic Composites Top Companies Market Share
  • India Thermoplastic Composites Competitive Benchmarking By Technical and Operational Parameters
  • India Thermoplastic Composites Company Profiles
  • India Thermoplastic Composites Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Thermoplastic 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 Thermoplastic Composites Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Thermoplastic Composites Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Thermoplastic Composites Market Revenues & Volume, 2021 & 2031F

3.3 India Thermoplastic Composites Market - Industry Life Cycle

3.4 India Thermoplastic Composites Market - Porter's Five Forces

3.5 India Thermoplastic Composites Market Revenues & Volume Share, By Resin Type, 2021 & 2031F

3.6 India Thermoplastic Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F

3.7 India Thermoplastic Composites Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.8 India Thermoplastic Composites Market Revenues & Volume Share, By Application, 2021 & 2031F

4 India Thermoplastic Composites Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and high-performance materials in various industries

4.2.2 Growing awareness about the benefits of thermoplastic composites over traditional materials

4.2.3 Government initiatives promoting the use of thermoplastic composites in manufacturing processes

4.3 Market Restraints

4.3.1 High initial investment required for setting up manufacturing facilities for thermoplastic composites

4.3.2 Limited availability of raw materials for producing high-quality thermoplastic composites

4.3.3 Lack of skilled labor and expertise in working with thermoplastic composites

5 India Thermoplastic Composites Market Trends

6 India Thermoplastic Composites Market, By Types

6.1 India Thermoplastic Composites Market, By Resin Type

6.1.1 Overview and Analysis

6.1.2 India Thermoplastic Composites Market Revenues & Volume, By Resin Type, 2021-2031F

6.1.3 India Thermoplastic Composites Market Revenues & Volume, By PA, 2021-2031F

6.1.4 India Thermoplastic Composites Market Revenues & Volume, By PP, 2021-2031F

6.1.5 India Thermoplastic Composites Market Revenues & Volume, By PEEK, 2021-2031F

6.1.6 India Thermoplastic Composites Market Revenues & Volume, By Hybrid, 2021-2031F

6.1.7 India Thermoplastic Composites Market Revenues & Volume, By Others, 2021-2031F

6.2 India Thermoplastic Composites Market, By Fiber Type

6.2.1 Overview and Analysis

6.2.2 India Thermoplastic Composites Market Revenues & Volume, By Carbon, 2021-2031F

6.2.3 India Thermoplastic Composites Market Revenues & Volume, By Glass, 2021-2031F

6.2.4 India Thermoplastic Composites Market Revenues & Volume, By Mineral, 2021-2031F

6.2.5 India Thermoplastic Composites Market Revenues & Volume, By Others, 2021-2031F

6.3 India Thermoplastic Composites Market, By Product Type

6.3.1 Overview and Analysis

6.3.2 India Thermoplastic Composites Market Revenues & Volume, By Short Fiber Thermoplastics, 2021-2031F

6.3.3 India Thermoplastic Composites Market Revenues & Volume, By Glass Mat Thermoplastics, 2021-2031F

6.3.4 India Thermoplastic Composites Market Revenues & Volume, By Long Fiber Thermoplastics, 2021-2031F

6.3.5 India Thermoplastic Composites Market Revenues & Volume, By Continuous Fiber Thermoplastics, 2021-2031F

6.4 India Thermoplastic Composites Market, By Application

6.4.1 Overview and Analysis

6.4.2 India Thermoplastic Composites Market Revenues & Volume, By Automotive & Transportation, 2021-2031F

6.4.3 India Thermoplastic Composites Market Revenues & Volume, By Oil & Gas, 2021-2031F

6.4.4 India Thermoplastic Composites Market Revenues & Volume, By Aerospace, 2021-2031F

6.4.5 India Thermoplastic Composites Market Revenues & Volume, By Agriculture, 2021-2031F

6.4.6 India Thermoplastic Composites Market Revenues & Volume, By Marine, 2021-2031F

6.4.7 India Thermoplastic Composites Market Revenues & Volume, By Construction, 2021-2031F

6.4.8 India Thermoplastic Composites Market Revenues & Volume, By Others, 2021-2031F

6.4.9 India Thermoplastic Composites Market Revenues & Volume, By Others, 2021-2031F

7 India Thermoplastic Composites Market Import-Export Trade Statistics

7.1 India Thermoplastic Composites Market Export to Major Countries

7.2 India Thermoplastic Composites Market Imports from Major Countries

8 India Thermoplastic Composites Market Key Performance Indicators

8.1 Research and development investment in new thermoplastic composite technologies

8.2 Adoption rate of thermoplastic composites in key industries such as automotive, aerospace, and consumer goods

8.3 Number of partnerships and collaborations for technology transfer and knowledge sharing in the thermoplastic composites market

9 India Thermoplastic Composites Market - Opportunity Assessment

9.1 India Thermoplastic Composites Market Opportunity Assessment, By Resin Type, 2021 & 2031F

9.2 India Thermoplastic Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F

9.3 India Thermoplastic Composites Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.4 India Thermoplastic Composites Market Opportunity Assessment, By Application, 2021 & 2031F

10 India Thermoplastic Composites Market - Competitive Landscape

10.1 India Thermoplastic Composites Market Revenue Share, By Companies, 2024

10.2 India Thermoplastic Composites Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All