India Composites Market Growth Opportunities Report 2021 – Rise in Demand for Electrical and Electronic, Wind Energy, and Pipe and Tank Applications – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Growth Opportunities in the Indian Composites Market” report has been added to ResearchAndMarkets.com’s offering.

The Indian composites market is expected to reach an estimated $2.0 billion by 2021. The Indian composites market is forecast to grow at a CAGR of 14.1% by value from 2016 to 2021.

The major driver for market growth is the rise in demand for electrical and electronic, wind energy, and pipe and tank applications due to increase int he number of government projects like smart cities development, eco-friendly energy generation, fresh water transportation, sewage treatment system, rehabilitation of water and sewage pipe lines.

Emerging trends, which have a direct impact on the dynamics of Indian composites market industry, include emergence of new application areas and capacity expansion/partnership by the competitors like Momentive Speciality Chemicals’ joint venture with Kanoria Chemicals, Satyen Polymer’s with Scott Bader, Toho Tenax’s with Hindoostan Technical Fabrics Limited, 3B’s with Braj Binani Group, and PD FiberGlass’s with Arvind Advance Materials to tap future potential composites market in India.

The study includes a forecast for the growth opportunities in the Indian composites market by end-use application, manufacturing technology, material and polymer types.

Indian composites companies profiled in this market report include Goa Glass fiber, Owens Corning, Reichhold, Satyen polymers, Atul Pvt. Ltd., Aditya Birla, Hexion, and Huntsman.

In this market, pipe and tank, transportation, wind energy, aerospace and defense, construction, marine and electrical and electronics are major end use applications of composites. The analyst predicts that the demand for electrical and electronics in the Indian composites market is expected to experience the highest growth in the forecast period, supported by increasing number of government projects in the infrastructure development which will drives the installation of various electric composites products like FRP aerial fuse board, FRP ‘V’ type arms and straight cross arms in the rec design, and enclosures.

On the basis of its comprehensive research, the analyst forecasts that pipe and tank, transportation, and wind energy expected to show above average growth during the forecast period.

Within the Indian composites market, pipe and tank application is expected to remain the largest market by value and volume consumption. Increasing establishment of water supply system for industrial and household application, renovation of sewage system, and water harvesting to provide potable water is expected to spur growth for this segment over the forecast period.

This report answers the following 10 key questions:

• What are some of the potential, high-growth opportunities in the Indian composites market by end use application, manufacturing technology, polymer type and material type?
• Which product segments will grow at a faster pace and why?
• What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
• What are the business risks and competitive threats in Indian composites market?
• What are emerging trends in this market and reasons behind them?
• What are some changing demands of customers in Indian composites market?
• What are the new developments in the market and which companies are leading these developments?
• Who are the major players in Indian composites market? What strategic initiatives are being implemented by key players for business growth?
• What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
• What M & A activities has transpired in the last 5 years in this market and what is its impact on the industry?

Key Topics Covered:

1. Executive Summary

2. Industry Background and Classifications

2.1: Introduction

2.1.1: Evolution of the Composites Market in India

2.1.2: Market Served

2.2: Industry Classifications

2.3: Supply Chain for the Indian Composites Market

3. Market Trends and Forecast Analysis

3.1: India Composites Market Analysis 2015

3.1.1: Composites Market by Application

3.1.1.1: Pipe and Tanks

3.1.1.2: Wind Energy

3.1.1.3: Transportation

3.1.1.4: Marine

3.1.1.5: Electrical and Electronics

3.1.1.6: Construction

3.1.1.7: Aerospace/Defense

3.2: Composites Market by Manufacturing Technology

3.3: Composites Shipment by Polymer Type

3.4: GDP Trend and Forecast

3.4.1: Sectoral Contribution

3.4.2: India Social Indicators

3.4.3: Export and Import Market

3.5: Trends of the Indian Composites Market from 2010 to 2015

3.5.1: Trend in Indian Composites Market by Application Pipe and tank

3.6: Forecast for the Indian Composites Market from 2016 to 2021

3.6.1: Forecast in Indian Composites Market by Application Pipe and tank

3.7: Indian Fiberglass Market

3.7.1: Breakdown of the Fiberglass Market by Product Form

3.8: Indian Resin Market

4. Competitor Analysis

4.1: Product Portfolio Analysis

4.2: Operational Integration

4.3: Porter’s Five Forces Analysis

5. Growth Opportunity and Strategic Analysis

5.1: Growth Opportunities Analysis

5.2: Emerging Trends of the Indian Composites Market

5.3: Composites consumption by Country

5.4: Strategic Analysis

5.4.1: New Product Development

5.4.2: Capacity Expansion in Indian Composites Industry

5.4.3: Certification and Licensing

5.4.4: Mergers, Acquisitions and Joint Ventures in the Indian Composites Industry

6. Company Profile of Leading Players

Companies Mentioned

• 3B’s
• Aditya Birla
• Arvind Advance MaterialsGoa Glass fiber
• Atul Pvt. Ltd.
• Braj Binani Group
• Hexion
• Hindoostan Technical Fabrics Limited
• Huntsman
• Kanoria Chemicals
• Momentive Speciality Chemicals
• Owens Corning
• PD FiberGlass
• Reichhold
• Satyen polymers
• Scott Bader
• Toho Tenax’s

For more information about this report visit https://www.researchandmarkets.com/r/uk4cka

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