India Composites Market Size & Outlook, 2025-2033
India Composites Market Size
According to Straits Research analysis, the India Composites Market was valued at USD 14244 Million in 2024 and is projected to reach USD 30812 Million by 2033, expanding at a CAGR of 9% during the forecast period. This growth is driven by the increasing demand for composites in major industries such as agriculture, chemicals, and energy. Advances in nanomaterials and bio-composites, leveraging sustainable and green production methods, are a significant trend in the market. Furthermore, the development of more efficient and technologically advanced manufacturing processes enhances the export potential of the Indian composites market. With cutting-edge technology, eco-friendly production and a growing industrial base, India is optimally positioned to capitalize on the rising global demand for high-quality, innovative composites.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Composites Market Highlights
- By segment, Layup emerged as the largest Manufacturing Process in terms of market size in 2024.
- RTM is anticipated to remain the most attractive Manufacturing Process segment, recording the fastest growth during the forecast period.
- In 2024, India represented 13.66% of the overall global composites market size.
- China is projected to lead the global composites market size by 2033.
- Across Asia Pacific, China is anticipated to hold the dominant position in market by 2033.
- India is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 58503 Million by 2033.
- 📊 Preview Report Scope and Structure – Gain immediate visibility into key topics, market segments, and data frameworks covered.
- 📥 Evaluate Strategic Insights – Access selected charts, statistics, and analyst-driven commentary derived from the final report deliverables.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 14244 Million |
| Market Size In 2033 | USD 30812 Million |
| Largest segment | Layup |
| Fastest segment | RTM |
| Units | Revenue in USD Million |
| CAGR | 9% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Manufacturing Process |
|
| Product |
|
| End-User |
|
India Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
