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Wednesday, March 30, 2016

Lucintel Anticipates the Indian Composite Textiles Market to Grow at a CAGR of 13% over 2013-2018



Composite textiles are used in a variety of markets, such as wind energy, transportation, pipe and tank, and construction. Composite textiles are making inroads in end user markets due to their higher mechanical properties and high strength-to-weight ratio. The wind energy industry is the largest market for composite textiles and is also expected to remain as the largest segment during the forecast period.

The major drivers of the composite textiles market in India are the growth of the end user applications, such as wind energy, transportation, pipe and tank, and construction and increasing use of multi-axial textile-based composites in buses and trains. The demand of composite textiles is likely to grow with the increasing demand for durable, lightweight, and non-corrosive components in end user industries.

The composite textiles market in India is expected to grow at a CAGR of 13% by value during 2013-2018. Glass fiber textiles will remain the largest market by fiber types during the forecast period. Owens Corning (India) Pvt Ltd, Saertex India, and Kush Synthetics Private Limited are some of the suppliers of composite textiles for various applications.

Lucintel, a leading global management consulting and market research firm, has analyzed the Indian composite textiles market by various segments and has come up with a comprehensive research report, Growth Opportunities in Indian Composite Textiles Market 2013-2018.” This report provides an analysis of the Indian composite textiles market, including the analysis of market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes the Indian composite textiles market forecasts through 2018, segmented by applications, fiber types, product types, and manufacturing processes as follows:

The Indian composite textiles market segmented by applications:

·         Wind Energy
·         Transportation
·         Construction
·         Pipe and Tank
·         Aerospace
·         Electrical and Electronics
·         Marine
·         Others

The Indian composite textiles market segmented by fiber types

·         Glass Fiber
·         Carbon Fiber 

The Indian composite textiles market segmented by product types

·         Woven Roving
·         Multiaxial
·         Continuous Strand Mat / Continuous Filament Mat
·         Glass Woven Fabrics
·         Carbon Woven Fabrics

The Indian composite textiles market segmented by manufacturing processes: 

·         Hand Lay-Up
·         Pultrusion
·         Resin Transfer Molding / Vacuum Assisted Resin Transfer Molding
·         Compression Molding
·         Others

This 140-pages research report will enable you to make confident business decisions in the Indian composite textiles market. For a detailed table of contents and pricing information on this timely, insightful report, click on this link …http://www.lucintel.com/reports/chemical_composites/growth_opportunities_in_india_composite_textiles_market_2013-2018_trend_forecast_and_competitive_analysis_september_2013.aspx………………………. or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel offerings include Advanced Materials Reports, Composite Materials Market Report, Opportunity Screening and Analysis, Market Research Report and SWOT Matrix. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel
Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. 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. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.

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