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

Market Forecast By Fiber (Glass, Carbon, Others), By Resin (Thermoset, Thermoplastic), By Application (Interior, Exterior, Powertrain, Chassis), By Vehicle (Non-electric, Electric) And Competitive Landscape
Product Code: ETC069583 Publication Date: Jun 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Automotive Composites Market Synopsis

The India automotive composites market is projected to witness a significant growth in the coming years. This can be attributed to its advantages such as lightweight, high strength, and superior durability. Composites are being increasingly used for manufacturing of automotive exterior applications such as bumpers, spoilers, side moldings etc., interior components like floorboard trims and instrument panels; as well engine parts including valve covers, manifolds etc. Also growing investments by automakers in research & development activities related to composite materials, along with rising demand from end users for fuel efficient vehicles will further drive the market during forecast period 2025-2031.

Drivers of the Market:

Increasing Demand For Lightweight Components: Growing consumer preference towards vehicles with improved performance has increased the demand for lightweight materials that are able to offer better mileage and decreased CO2 emissions without compromising on safety or stability of vehicle components or systems. Thus use of composites helps reduce the overall weight of vehicle which leads to greater fuel efficiency resulting in higher demand for this material by auto manufacturers globally. Technological Advancements: Automotive industry is witnessing rapid changes due technological advancements which have resulted in increasing popularity among consumers due their capability to provide better performance at lower cost compared traditional materials like steel or aluminum .This technology also allows cost effective customization according customer requirements .Thus these advancements will further drive the global automotive composites market over forecast period 2025-2031

Challenges of the Market:

The major challenge faced by automotive composite manufacturers is the high cost of raw materials required for production process ,which makes them more expensive than other materials traditionally used in automobile industry such as steel ,aluminum etc leading towards slower adoption rate among OEMs . Difficulty In Recyclability And Disposal Of Composite Parts : Composite parts made up polymer matrix reinforced with continuous fibers present problem when it comes recycling and disposing off after their life cycle ends making it difficult process compare conventional metals .Also most current methods require additional energy expenditure thus making recycling inefficient .

Trends of the Market:

Increase Use Of Sustainable Fibrous Reinforcements : There has been considerable increase reported lately in usage sustainable fibrous reinforcements derived from natural sources such plant cellulose ,hemp amongst others owing their biodegradable properties which makes them environment friendly alternative over synthetic options available currently .These resources also help reduce overall costs involved production process significantly apart from providing several other benefits including superior

Key Highlights of the Report:

  • India Automotive Composites Market Outlook
  • Market Size of India Automotive Composites Market, 2024
  • Forecast of India Automotive Composites Market, 2031
  • Historical Data and Forecast of India Automotive Composites Revenues & Volume for the Period 2021-2031
  • India Automotive Composites Market Trend Evolution
  • India Automotive Composites Market Drivers and Challenges
  • India Automotive Composites Price Trends
  • India Automotive Composites Porter's Five Forces
  • India Automotive Composites Industry Life Cycle
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Fiber for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Glass for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Carbon for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Resin for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Thermoset for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Thermoplastic for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Interior for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Exterior for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Powertrain for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Chassis for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Vehicle for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Non-electric for the Period 2021-2031
  • Historical Data and Forecast of India Automotive Composites Market Revenues & Volume By Electric for the Period 2021-2031
  • India Automotive Composites Import Export Trade Statistics
  • Market Opportunity Assessment By Fiber
  • Market Opportunity Assessment By Resin
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Vehicle
  • India Automotive Composites Top Companies Market Share
  • India Automotive Composites Competitive Benchmarking By Technical and Operational Parameters
  • India Automotive Composites Company Profiles
  • India Automotive Composites Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Automotive Composites Market Overview

3.1 India Country Macro Economic Indicators

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

3.3 India Automotive Composites Market - Industry Life Cycle

3.4 India Automotive Composites Market - Porter's Five Forces

3.5 India Automotive Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F

3.6 India Automotive Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F

3.7 India Automotive Composites Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 India Automotive Composites Market Revenues & Volume Share, By Vehicle, 2021 & 2031F

4 India Automotive Composites Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Automotive Composites Market Trends

6 India Automotive Composites Market, By Types

6.1 India Automotive Composites Market, By Fiber

6.1.1 Overview and Analysis

6.1.2 India Automotive Composites Market Revenues & Volume, By Fiber, 2018 - 2031F

6.1.3 India Automotive Composites Market Revenues & Volume, By Glass, 2018 - 2031F

6.1.4 India Automotive Composites Market Revenues & Volume, By Carbon, 2018 - 2031F

6.1.5 India Automotive Composites Market Revenues & Volume, By Others, 2018 - 2031F

6.2 India Automotive Composites Market, By Resin

6.2.1 Overview and Analysis

6.2.2 India Automotive Composites Market Revenues & Volume, By Thermoset, 2018 - 2031F

6.2.3 India Automotive Composites Market Revenues & Volume, By Thermoplastic, 2018 - 2031F

6.3 India Automotive Composites Market, By Application

6.3.1 Overview and Analysis

6.3.2 India Automotive Composites Market Revenues & Volume, By Interior, 2018 - 2031F

6.3.3 India Automotive Composites Market Revenues & Volume, By Exterior, 2018 - 2031F

6.3.4 India Automotive Composites Market Revenues & Volume, By Powertrain, 2018 - 2031F

6.3.5 India Automotive Composites Market Revenues & Volume, By Chassis, 2018 - 2031F

6.4 India Automotive Composites Market, By Vehicle

6.4.1 Overview and Analysis

6.4.2 India Automotive Composites Market Revenues & Volume, By Non-electric, 2018 - 2031F

6.4.3 India Automotive Composites Market Revenues & Volume, By Electric, 2018 - 2031F

7 India Automotive Composites Market Import-Export Trade Statistics

7.1 India Automotive Composites Market Export to Major Countries

7.2 India Automotive Composites Market Imports from Major Countries

8 India Automotive Composites Market Key Performance Indicators

9 India Automotive Composites Market - Opportunity Assessment

9.1 India Automotive Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F

9.2 India Automotive Composites Market Opportunity Assessment, By Resin, 2021 & 2031F

9.3 India Automotive Composites Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 India Automotive Composites Market Opportunity Assessment, By Vehicle, 2021 & 2031F

10 India Automotive Composites Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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