Product Code: ETC028784 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The market for glass fiber products in India has shown a significant growth over the past few years. It is expected that this growth will continue over the forecast period of 2020-2026, primarily due to increasing demand from various industries such as aerospace & defense, automotive, and building & construction. Moreover, increasing use of lightweight materials in these industries along with rising investment in infrastructure development projects are also expected to propel the market during the forecast period.
1. Increasing Demand from End-User Industries: The booming automobile sector has led to increased demand for glass fiber reinforced polymers (GFRP) components which offer improved strength and stiffness properties than traditional metals and plastics used in automotive industry. This factor is likely to fuel the growth of India?s glass fiber products market over the coming years. In addition, growing utilization of GFRP components for aircraft production will provide impetus to their usage across different end-user segments such as aerospace & defense sector thereby driving up its demand further via increased investments on modernizing existing military equipment by Indian government and other private organizations operating within this domain.
2. Rising Investment in Infrastructure Development Projects: Government initiatives aimed at developing roads and bridges across diverse parts of country have created a lucrative opportunity for potential investors willing to invest into building and construction activities involving usage if GFRPs or related composites as they offer superior attributes vis-?-vis conventional materials such as steel or aluminum utilized traditionally due their higher durability levels coupled with lighter weight characteristics when compared against aforementioned alternatives making them ideal choice amid infrastructural projects requiring cost effectiveness alongside enhanced performance capabilities .
Growing Focus towards Sustainable Solutions : With ongoing environmental concerns raised by public authorities regarding detrimental impacts associated with using non sustainable resources , manufacturers have started focusing more towards utilizing biodegradable fibers while manufacturing composite materials owing towards need reducing carbon footprint involved with consumption process thereby leading towards shift away from reliance upon petrochemicals based solutions being used traditionally before introduction newer technologies like biofiber reinforced resins (BFB). This trend has been particularly observed within Aerospace & Defense industry where companies look forward replacing metal structures found inside planes wings , turbine blades amongst others leading toward reduced maintenance costs besides providing greater flexibility design options compared earlier counterparts allowing them creating better optimized systems eventually yielding higher output rate overall when compared against previous versions.
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 fiber products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Glass fiber products Market Revenues & Volume, 2020 & 2030F |
3.3 India Glass fiber products Market - Industry Life Cycle |
3.4 India Glass fiber products Market - Porter's Five Forces |
3.5 India Glass fiber products Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Glass fiber products Market Revenues & Volume Share, By Manufacturing Process, 2020 & 2030F |
3.7 India Glass fiber products Market Revenues & Volume Share, By Application , 2020 & 2030F |
4 India Glass fiber products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Glass fiber products Market Trends |
6 India Glass fiber products Market, By Types |
6.1 India Glass fiber products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Glass fiber products Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Glass fiber products Market Revenues & Volume, By Multi-End Roving, 2020-2030F |
6.1.4 India Glass fiber products Market Revenues & Volume, By Single-End Roving, 2020-2030F |
6.1.5 India Glass fiber products Market Revenues & Volume, By CSM, 2020-2030F |
6.1.6 India Glass fiber products Market Revenues & Volume, By Woven Roving, 2020-2030F |
6.1.7 India Glass fiber products Market Revenues & Volume, By CFM, 2020-2030F |
6.1.8 India Glass fiber products Market Revenues & Volume, By Fabrics, 2020-2030F |
6.1.9 India Glass fiber products Market Revenues & Volume, By Others, 2020-2030F |
6.1.10 India Glass fiber products Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Glass fiber products Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 India Glass fiber products Market Revenues & Volume, By Spray Up, 2020-2030F |
6.2.3 India Glass fiber products Market Revenues & Volume, By Hand Lay-Up, 2020-2030F |
6.2.4 India Glass fiber products Market Revenues & Volume, By Pultrusion, 2020-2030F |
6.2.5 India Glass fiber products Market Revenues & Volume, By Prepreg Lay Up, 2020-2030F |
6.2.6 India Glass fiber products Market Revenues & Volume, By Injection Molding, 2020-2030F |
6.2.7 India Glass fiber products Market Revenues & Volume, By Resin Infusion, 2020-2030F |
6.2.8 India Glass fiber products Market Revenues & Volume, By Others , 2020-2030F |
6.2.9 India Glass fiber products Market Revenues & Volume, By Others , 2020-2030F |
6.3 India Glass fiber products Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Glass fiber products Market Revenues & Volume, By Transportation, 2020-2030F |
6.3.3 India Glass fiber products Market Revenues & Volume, By Marine, 2020-2030F |
6.3.4 India Glass fiber products Market Revenues & Volume, By Pipe & Tank, 2020-2030F |
6.3.5 India Glass fiber products Market Revenues & Volume, By Construction, 2020-2030F |
6.3.6 India Glass fiber products Market Revenues & Volume, By Aerospace, 2020-2030F |
6.3.7 India Glass fiber products Market Revenues & Volume, By Electrical & Electronics, 2020-2030F |
6.3.8 India Glass fiber products Market Revenues & Volume, By Others, 2020-2030F |
6.3.9 India Glass fiber products Market Revenues & Volume, By Others, 2020-2030F |
7 India Glass fiber products Market Import-Export Trade Statistics |
7.1 India Glass fiber products Market Export to Major Countries |
7.2 India Glass fiber products Market Imports from Major Countries |
8 India Glass fiber products Market Key Performance Indicators |
9 India Glass fiber products Market - Opportunity Assessment |
9.1 India Glass fiber products Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Glass fiber products Market Opportunity Assessment, By Manufacturing Process, 2020 & 2030F |
9.3 India Glass fiber products Market Opportunity Assessment, By Application , 2020 & 2030F |
10 India Glass fiber products Market - Competitive Landscape |
10.1 India Glass fiber products Market Revenue Share, By Companies, 2023 |
10.2 India Glass fiber products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |