Indian Composites Market is expected to reach $1.9 Billion by 2027- An exclusive market research report by Lucintel

May 17 17:38 2022
Indian Composites Market is expected to reach $1.9 Billion by 2027- An exclusive market research report by Lucintel
Trends and Forecast for the Indian Composites Market
Trends, opportunities, and forecast in Indian composites market to 2026 by end use (pipe and tank, aerospace and defense, wind energy, electrical and electronics, construction, transportation, marine, telecommunication and others), fiber type (glass fiber, carbon fiber, aramid fiber), and resin type (UPR, epoxy, vinyl ester and others)

Lucintel’s latest market report analyzed that Indian composites provides attractive opportunities in pipe and tank, aerospace and defense, wind energy, electrical and electronics, construction, transportation, marine and telecommunication. The Indian composites market is expected to reach $1.9 Billion by 2027 with a CAGR of 18.1%. In this market wind energy is largest by end use. The innovation trends focused on high tensile strength, innovation trends focused on high tensile modulus, and innovation trends focused on compatibility with different resins provides strategic growth path in this market.       

Download Brochure of this report by clicking on https://www.lucintel.com/indian-composites-market.aspx

Based on end use, the Indian composites market is segmented into pipe and tank, aerospace and defense, wind energy, electrical and electronics, construction, transportation, marine, telecommunication, and others. Lucintel forecasts that the woven roving is accounted for the largest share of the market in 2021 and it is also expected to witness highest growth over the forecast period due to its various advantages like; long shelf life, less maintenance, resistance to corrosion, and high strength-to-weight ratio.

Browse in-depth TOC on “Indian Composites Market”

29 – Tables

47 – Figures

116 – Pages

The Indian composites market is marked by the presence of several big and small players. Some of the prominent players offering Indian composites include Suzlon, Kineco, Mahindra CEI Automotive, Tata AutoComp Systems, and Patil Rail Infrastructure.

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https://www.lucintel.com/indian-composites-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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