인도의 자동차용 유리섬유 복합재료 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the india automotive glass fiber composites market size is projected to expand from USD 1.58 billion in 2025 and USD 1.65 billion in 2026 to USD 2.06 billion by 2031, registering a CAGR of 4.56% between 2026 to 2031.

This report is Segmented by Intermediate Type (Short Fiber Thermoplastic (SFT), Long Fiber Thermoplastic (LFT), Continuous Fiber Thermoplastic (CFT), and Other Intermediate Types), Application Type (Interior, Exterior, Structural Assembly, Power-Train Components, and Other Application Types). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

India Automotive Glass Fiber Composites Market Trends and Insights

Rising EV Production Under FAME-II Incentives

FAME-II subsidies supported 1.61 million electric vehicles through 2025, and the successor PM E-DRIVE program will extend funding to 2028. Battery-electric cars weigh roughly 1.5 times their ICE peers, so OEMs rely on glass-fiber battery enclosures and underbody shields to offset the added mass. Tata Motors, Hyundai, and Suzuki have each adopted glass-fiber parts in next-generation platforms, demonstrating that composites help protect range without eroding price competitiveness. Tier-1 suppliers are responding with rapid-cycle moulding lines near EV hubs, trimming logistics time and cost. As electrification scales nationwide, lightweight composites become integral rather than optional.

Cost-Performance Edge of Glass vs. Carbon Fiber

Glass fiber represents close to 92% of automotive composite volume because it provides 350 MPa tensile strength at one-tenth the embodied energy of virgin carbon fiber. Mass-market vehicles priced below USD 15,000 cannot absorb carbon-fiber premiums, making glass-fiber-reinforced polymers the pragmatic choice for exterior panels, seat structures, and battery covers. Trinseo and CSP have launched long-fiber grades that cut enclosure weight by more than 25% versus steel, proving that performance thresholds can be met at competitive cost. As CAFE limits tighten, the balance of strength, price, and sustainability keeps glass ahead of rival materials.

Recycling and End-of-Life Hurdles for Thermosets

Conventional pyrolysis removes nearly all resin, but cuts recovered glass-fiber strength by up to 50%, confining reuse to low-value fillers. Chemical routes retain more properties but remain pilot-scale and costly. India's 82 Registered Vehicle Scrapping Facilities, therefore, struggle to capture value from thermoset scrap, discouraging OEMs from specifying epoxy or polyester parts. Without standardized testing or digital passports for recovered fiber, tier suppliers fear warranty liabilities, slowing market penetration of thermoset glass-fiber composites.

Other drivers and restraints analyzed in the detailed report include:

1. Domestic Tier-1/2 Moulding Capacity Expansion
2. PLI-ACC Scheme Boosting High-Strength Thermoplastics
3. Intermittent Roving and PA Resin Shortages

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

In 2025, Short Fiber Thermoplastic accounted for 52.38% of the India Automotive Glass Fiber composites market, reflecting the fast-cycle economics of injection moulding for door modules, instrument panels, and non-load-bearing exterior trims. Long Fiber Thermoplastic is set to grow at 5.84% CAGR during the forecast period (2026-2031) as OEMs adopt it for battery enclosures, cross-car beams, and underbody shields that demand higher stiffness-to-weight ratios. Continuous-fiber tapes remain niche but are gaining momentum through new pultrusion lines in Goa and research partnerships aimed at hydrogen fuel-cell bipolar plates. The India Automotive Glass Fiber Composites market size for LFT components is projected to expand steadily as Tier-1 suppliers validate multi-material architectures with up to 40% part-count reduction. SFT will keep its volume edge, but LFT's share of structural assemblies will climb in tandem with EV production.

Rochling's hybrid metal-plastic cross-car beam cuts weight 40% versus steel while integrating attachment points, showing how LFT reduces assembly complexity. LANXESS Tepex sheets combine continuous glass layers with polypropylene cores to deliver gravel-impact resistance for SUV underbody shields. Maruti Suzuki's lightweight initiative already removed 80 kilograms from a small-car platform, proving that incremental composite substitution contributes 3-4% fuel-economy gains. As local converters scale compression and injection presses beyond 4,000 kN, LFT and hybrid laminates will move deeper into semi-structural domains.

List of Companies Covered in this Report:

1. 3B - the fibreglass company
2. Avient
3. Hexcel Corporation
4. Jushi India Fiberglass Pvt. Ltd.
5. Nippon Electric Glass Co., Ltd.
6. Owens Corning
7. SAERTEX GmbH & Co.KG
8. Saint-Gobain India
9. Veplas d.d.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Drivers
  • 4.1.1 Rising EV production under FAME-II incentives
  • 4.1.2 Cost-performance edge of glass vs. carbon fibre
  • 4.1.3 Domestic Tier-1/2 moulding capacity expansion
  • 4.1.4 PLI-ACC scheme spurring demand for high-strength thermoplastics
  • 4.1.5 Shift to recyclable thermoplastic composites for EPR readiness
• 4.2 Market Restraints
  • 4.2.1 Recycling and end-of-life hurdles for thermosets
  • 4.2.2 Intermittent roving and PA resin supply shortages
  • 4.2.3 Limited OEM design-for-composite skill base
• 4.3 Value Chain Analysis
• 4.4 Porter's Five Forces
  • 4.4.1 Bargaining Power of Suppliers
  • 4.4.2 Bargaining Power of Buyers
  • 4.4.3 Threat of New Entrants
  • 4.4.4 Threat of Substitutes
  • 4.4.5 Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Intermediate Type
  • 5.1.1 Short Fiber Thermoplastic (SFT)
  • 5.1.2 Long Fiber Thermoplastic (LFT)
  • 5.1.3 Continuous Fiber Thermoplastic (CFT)
  • 5.1.4 Other Intermediate Types
• 5.2 By Application Type
  • 5.2.1 Interior
  • 5.2.2 Exterior
  • 5.2.3 Structural Assembly
  • 5.2.4 Power-train Components
  • 5.2.5 Other Application Types

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share(%)/Ranking Analysis
• 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials, Strategic Information, Products and Services, Recent Developments)
  • 6.4.1 3B - the fibreglass company
  • 6.4.2 Avient
  • 6.4.3 Hexcel Corporation
  • 6.4.4 Jushi India Fiberglass Pvt. Ltd.
  • 6.4.5 Nippon Electric Glass Co., Ltd.
  • 6.4.6 Owens Corning
  • 6.4.7 SAERTEX GmbH & Co.KG
  • 6.4.8 Saint-Gobain India
  • 6.4.9 Veplas d.d.

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-need Assessment