India Thermoplastic Polymer Composites Market, By Resin Type; By Fiber Type; By Application; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

India Thermoplastic Polymer Composites Market Size Expands at Steady CAGR of more than 6% to Surpass USD 4 Billion and 427,360 Tons by 2030

India Thermoplastic Polymer Composites Market is flourishing due to a spurring demand for the composites from the thriving food processing, pharmaceuticals, and nutraceutical industries driven by growing health and wellness trends.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Thermoplastic Polymer Composites Market size by value at USD 2.79 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Thermoplastic Polymer Composites Market size to expand at a CAGR of 6.22% reaching a value of USD 4.01 billion by 2030. The Thermoplastic Polymer Composites Market in India is propelled by the increasing interest in thermoplastic polymer composites, which is attributed to their numerous benefits including high-volume processability, recyclability, excellent damage resistance, fracture toughness, and the capacity to form intricate shapes. These advanced materials are increasingly being utilized across various transportation sectors, ranging from automobiles to subway systems.

By volume, BlueWeave estimated the India Thermoplastic Polymer Composites Market size at 386.16 thousand tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Thermoplastic Polymer Composites Market size by volume is projected to grow at a CAGR of 6.09% reaching the volume of 427.36 thousand tons by 2030. Long-fiber thermoplastics (LFTs) are gaining traction in the transportation industry due to their superior performance characteristics. In the automotive sector, high fuel prices have had a significant impact, prompting manufacturers to adopt thermoplastic composites to reduce vehicle weight. It is particularly important as stringent emission regulations push for lower carbon dioxide emissions. By decreasing vehicle mass, thermoplastic composites contribute to improved fuel efficiency and reduced emissions.

Impact of Escalating Geopolitical Tensions on India Thermoplastic Polymer Composites Market

Geopolitical tensions can have a multifaceted impact on the India Thermoplastic Polymer Composites Market by disrupting supply chains and increasing raw material costs. Political instability can lead to sanctions, trade restrictions, and heightened tariffs, affecting the import of critical composite materials and advanced manufacturing technologies. These challenges result in production delays and increased expenses for Indian manufacturers, potentially stifling market growth. Furthermore, global trade uncertainties compel companies to seek local alternatives or invest in domestic production capabilities, which can initially inflate costs and hinder the market's expansion. Stabilizing geopolitical landscapes is crucial for fostering sustainable growth in the India Thermoplastic Polymer Composites Market.

India Thermoplastic Polymer Composites Market

Segmental Coverage

India Thermoplastic Polymer Composites Market - By End User

Based on end user, the India Thermoplastic Polymer Composites Market is divided into Automotive, Aerospace, Electrical & Electronics, Construction, Consumer Goods, and Healthcare segments. The automotive segment holds the highest share in the India Thermoplastic Polymer Composites Market by end user. It is primarily due to the nation's transportation sector contributing significantly to its GDP, approximately 6.3%. The automotive sector, primarily reliant on road infrastructure, manages over 50% of freight and 90% of passenger traffic. Government initiatives and private investments, along with a flourishing FMCG sector, drive the need for efficient connectivity solutions. Liberalization programs and FDI norms further encourage market competition and affordability. Moreover, there's a heightened focus on reducing carbon emissions and enhancing fuel efficiency within the automotive industry. This fuels the demand for thermoplastic composites, particularly continuous fiber-reinforced variants, offering lightweight solutions aligned with sustainability goals and automotive standards.

Competitive Landscape

The India Thermoplastic Polymer Composites Market is fragmented, with numerous players serving the market. The key players dominating the India Thermoplastic Polymer Composites Market include Reliance Industries Limited, Jushi India Fiberglass Co Pvt Ltd, Advanced Composites Pvt Ltd, SGL Carbon India Pvt Ltd, Tata AutoComp Systems Ltd, SABIC Innovative Plastics India Pvt Ltd, Owens Corning India Pvt Ltd, Tufropes Pvt Ltd, RTP Company, and 3B-the fibreglass company (India) Pvt Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Thermoplastic Polymer Composites Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Thermoplastic Polymer Composites Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24447

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Thermoplastic Polymer Composites Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Growing demand for lightweight materials in transportation
  - 3.2.1.2. Rising demand for high-performance materials in various industries
  - 3.2.1.3. Government initiatives promoting advanced materials
  - 3.2.1.4. Increasing focus on recyclability
- 3.2.2. Restraints
  - 3.2.2.1. High initial cost
  - 3.2.2.2. Limited availability of skilled labor
  - 3.2.2.3. Lack of awareness
  - 3.2.2.4. Fluctuations in raw material prices
- 3.2.3. Opportunities
  - 3.2.3.1. Expanding application areas
  - 3.2.3.2. Growing infrastructure development
  - 3.2.3.3. Rising disposable incomes
- 3.2.4. Challenges
  - 3.2.4.1. Competition from traditional materials
  - 3.2.4.2. Stringent regulations
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Thermoplastic Polymer Composites Market: Pricing Analysis

5. India Thermoplastic Polymer Composites Market: Marketing Strategies

6. India Thermoplastic Polymer Composites Market Overview

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Resin Type
  - 6.2.1.1. Polypropylene (PP)
  - 6.2.1.2. Polyethylene (PE)
  - 6.2.1.3. Polyvinyl Chloride (PVC)
  - 6.2.1.4. Polyethylene Terephthalate (PET)
  - 6.2.1.5. Polycarbonate (PC)
  - 6.2.1.6. Polyamide (PA)
  - 6.2.1.7. Others (e.g., ABS, PEEK)
- 6.2.2. By Fiber Type
  - 6.2.2.1. Glass Fiber
  - 6.2.2.2. Carbon Fiber
  - 6.2.2.3. Aramid Fiber
  - 6.2.2.4. Natural Fiber
  - 6.2.2.5. Others
- 6.2.3. By Application
  - 6.2.3.1. Interior Components (e.g., door panels, dashboard)
  - 6.2.3.2. Exterior Components (e.g., bumpers, body panels)
  - 6.2.3.3. Structural Components
  - 6.2.3.4. Electrical Components
  - 6.2.3.5. Pipes & Tanks
  - 6.2.3.6. Others
- 6.2.4. By End User
  - 6.2.4.1. Automotive
  - 6.2.4.2. Aerospace
  - 6.2.4.3. Electrical & Electronics
  - 6.2.4.4. Construction
  - 6.2.4.5. Consumer Goods
  - 6.2.4.6. Healthcare
  - 6.2.4.7. Others (e.g., sports and leisure)
- 6.2.5. By Region
  - 6.2.5.1. North India
  - 6.2.5.2. South India
  - 6.2.5.3. East India
  - 6.2.5.4. West India

7. North India Thermoplastic Polymer Composites Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Resin Type
- 7.2.2. By Fiber Type
- 7.2.3. By Application
- 7.2.4. By End User

8. South India Thermoplastic Polymer Composites Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Resin Type
- 8.2.2. By Fiber Type
- 8.2.3. By Application
- 8.2.4. By End User

9. East India Thermoplastic Polymer Composites Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Resin Type
- 9.2.2. By Fiber Type
- 9.2.3. By Application
- 9.2.4. By End User

10. West India Thermoplastic Polymer Composites Market

10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
- 10.2.1. By Resin Type
- 10.2.2. By Fiber Type
- 10.2.3. By Application
- 10.2.4. By End User

11. Competitive Landscape

11.1. List of Key Players and Their Products
11.2. India Thermoplastic Polymer Composites Company Market Share Analysis, 2023
11.3. Competitive Benchmarking, By Operating Parameters
11.4. Key Strategic Development (Merger, Acquisition, Partnership)

12. Impact of Escalating Geopolitical Tensions on India Thermoplastic Polymer Composites Market

13. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)

13.1. Reliance Industries Limited
13.2. Jushi India Fiberglass Co Pvt Ltd
13.3. Advanced Composites Pvt Ltd
13.4. SGL Carbon India Pvt Ltd
13.5. Tata AutoComp Systems Ltd
13.6. SABIC Innovative Plastics India Pvt Ltd
13.7. Owens Corning India Pvt Ltd
13.8. Tufropes Pvt Ltd
13.9. RTP Company
13.10. 3B-the fibreglass company (India) Pvt Ltd
13.11. Other Prominent Players

14. Key Strategic Recommendations

15. Research Methodology

15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
15.2. Quantitative Research
15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
15.4. Breakdown of Primary Research Respondents
15.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC24447

List of Figures

Figure 1 India Thermoplastic Polymer Composites Segmentation
Figure 2 India Thermoplastic Polymer Composites Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Figure 5 India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Figure 6 India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Figure 7 India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Figure 8 India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Figure 9 North India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Figure 10 North India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Figure 11 North India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Figure 12 North India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Figure 13 North India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Figure 14 South India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Figure 15 South India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Figure 16 South India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Figure 17 South India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Figure 18 South India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Figure 19 East India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Figure 20 East India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Figure 21 East India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Figure 22 East India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Figure 23 East India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Figure 24 West India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Figure 25 West India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Figure 26 West India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Figure 27 West India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Figure 28 West India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030

List of Tables

Table 1 India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Table 2 India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Table 3 India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Table 4 India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Table 5 India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Table 6 North India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Table 7 North India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Table 8 North India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Table 9 North India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Table 10 North India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Table 11 South India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Table 12 South India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Table 13 South India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Table 14 South India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Table 15 South India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Table 16 East India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Table 17 East India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Table 18 East India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Table 19 East India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Table 20 East India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Table 21 West India Thermoplastic Polymer Composites Market Size, By Value (USD Million), 2019-2030
Table 22 West India Thermoplastic Polymer Composites Market Share, By Resin Type, By Value, 2019-2030
Table 23 West India Thermoplastic Polymer Composites Market Share, By Fiber Type, By Value, 2019-2030
Table 24 West India Thermoplastic Polymer Composites Market Share, By Application, By Value, 2019-2030
Table 25 West India Thermoplastic Polymer Composites Market Share, By End User, By Value, 2019-2030
Table 26 Reliance Industries Limited Company Overview
Table 27 Reliance Industries Limited Financial Overview
Table 28 Jushi India Fiberglass Co Pvt Ltd Company Overview
Table 29 Jushi India Fiberglass Co Pvt Ltd Financial Overview
Table 30 Advanced Composites Pvt Ltd Company Overview
Table 31 Advanced Composites Pvt Ltd Financial Overview
Table 32 SGL Carbon India Pvt Ltd Company Overview
Table 33 SGL Carbon India Pvt Ltd Financial Overview
Table 34 Tata AutoComp Systems Ltd Company Overview
Table 35 Tata AutoComp Systems Ltd Financial Overview
Table 36 SABIC Innovative Plastics India Pvt Ltd Company Overview
Table 37 SABIC Innovative Plastics India Pvt Ltd Financial Overview
Table 38 Owens Corning India Pvt Ltd Company Overview
Table 39 Owens Corning India Pvt Ltd Financial Overview
Table 40 Tufropes Pvt Ltd Company Overview
Table 41 Tufropes Pvt Ltd Financial Overview
Table 42 RTP Company Overview
Table 43 RTP Company Financial Overview
Table 44 3B-the fibreglass company (India) Pvt Ltd Company Overview
Table 45 3B-the fibreglass company (India) Pvt Ltd Financial Overview
Table 46 Other Prominent Players Company Overview
Table 47 Other Prominent Players Financial Overview

India Thermoplastic Polymer Composites Market, By Resin Type; By Fiber Type; By Application; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Thermoplastic Polymer Composites Market Insights

4. India Thermoplastic Polymer Composites Market: Pricing Analysis

5. India Thermoplastic Polymer Composites Market: Marketing Strategies

6. India Thermoplastic Polymer Composites Market Overview

7. North India Thermoplastic Polymer Composites Market

8. South India Thermoplastic Polymer Composites Market

9. East India Thermoplastic Polymer Composites Market

10. West India Thermoplastic Polymer Composites Market

11. Competitive Landscape

12. Impact of Escalating Geopolitical Tensions on India Thermoplastic Polymer Composites Market

13. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)

14. Key Strategic Recommendations

15. Research Methodology

List of Figures

List of Tables