Fiber reinforced plastic (FRP), also known as fiber reinforced polymer, is in fact a composite material constituting a polymer matrix blended with certain reinforcing materials, such as fibers. The fibers are generally glass, carbon, aramid and so on.
This report contains market size and forecasts of Fiber Reinforced Plastics (FRP) in India, highlights the following information:
Sales of Fiber Reinforced Plastics (FRP) in India: Value 2019 VS 2023 VS 2030, ($ millions)
Sales of Fiber Reinforced Plastics (FRP) in India: Volume 2019 VS 2023 VS 2030, (K MT)
Sales of Fiber Reinforced Plastics (FRP) in India: Revenue Market Share by Company, 2019-2024
Sales of Fiber Reinforced Plastics (FRP) in India: Volume Market Share by Company, 2019-2024
India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Fiber Reinforced Plastics (FRP) will continue to grow rapidly in the future.
The global Fiber Reinforced Plastics (FRP) market size was valued at 35660 million in 2023 and is forecast to a readjusted size of US$ 43070 million by 2030, with a CAGR of 2.7% during the forecast period 2024-2030.While the India Fiber Reinforced Plastics (FRP) market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Fiber Reinforced Plastics (FRP)'s global value in 2030, from % in 2023.
Our research team has surveyed the Fiber Reinforced Plastics (FRP) manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
India Fiber Reinforced Plastics (FRP) Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (K MT)
India Fiber Reinforced Plastics (FRP) Market Segment Percentages, By Type, 2023 (%)
India Fiber Reinforced Plastics (FRP) Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (K MT)
India Fiber Reinforced Plastics (FRP) Market Segment Percentages, By Application, 2023 (%)
The report also provides analysis of leading market participants including:
Key companies Fiber Reinforced Plastics (FRP) revenues in India market, 2019-2024 (Estimated), ($ millions)
Key companies Fiber Reinforced Plastics (FRP) sales in India market, 2019-2024 (Estimated), (K MT)
Further, the report presents profiles of competitors in the market, key players include:
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