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Wednesday, July 24, 2024

Lucintel Forecasts Indian Glass Fiber Market to Reach $1,012 Million by 2030

According to the recent study the Indian glass fiber market is projected to reach an estimated $1,012 million by 2030 from $710 million in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by the domestic consumption by government, NGOs, and civic bodies.

Browse 44 figures/charts and 28 tables in this 88-page report to understand trends, opportunities and forecast in Indian glass fiber market by end use (pipe and tank, aerospace, wind energy, electrical and electronics, construction, transportation, marine, and others), manufacturing process (hand lay-up, filament winding, pultrusion, RTM/VARTM, thermoplastic molding, compression molding, and others), and product type (single end roving, multi end roving, woven roving, fabrics, CSM, CFM, DUCS, CS, and Others).

Download sample by clicking on Indian glass fiber market.

Lucintel forecasts that wind energy will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to its various advantage like; corrosion resistance, high strength-to-weight ratio, low maintenance, and a longer lifecycle as compared to other traditional materials.

Owens Corning, Jushi India Fiberglass Pvt. Ltd., 3B the Fiber Glass are the major suppliers in the Indian glass fiber market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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