Fast growing composites industry is shaping India’s future
India's composites materials market, valued at USD 1.8 billion in 2024, is projected to grow to USD 2.8 billion by 2030 with a 7.8% CAGR. Key growth areas include renewable energy, aerospace, automotive industries, and infrastructure, highlighting significant innovation and economic contributions from these advanced, lightweight materials.
India's composites materials market, valued at USD 1.8 billion in 2024, is projected to grow to USD 2.8 billion by 2030 with a 7.8% CAGR. Key growth areas include renewable energy, aerospace, automotive industries, and infrastructure, highlighting significant innovation and economic contributions from these advanced, lightweight materials.
