According to a market report by Lucintel, the future of the global Indian glass fiber market looks promising with opportunities in the pipe and tank, aerospace and defense, wind energy, electrical and electronics, construction, transportation, and marine end use industries. The Indian glass fiber market is expected to reach an estimated $5 billion by 2031 with a CAGR of 6% from 2024 to 2031. The major driver for this market is the domestic consumption by government, NGOs, and civic bodies.
A more than 150-page
report to understand trends, opportunity and forecast in Indian glass fiber
market to 2031 by end use industry (pipe and tank, aerospace, wind energy,
electrical and electronics, construction, transportation, marine, and other end
use industries), manufacturing process (hand lay-up, filament winding,
pultrusion, RTM/VARTM, thermoplastic molding, compression molding, and other
manufacturing processes), and product type (single end rovings, multi end
rovings, DUCS, yarn, and CFM).
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.
Praana Group, Jushi
India Glass Fiber Pvt. Ltd 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. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
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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