India Fiber-reinforced Plastics Market Size & Outlook
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India fiber-reinforced plastics market highlights
- The India fiber-reinforced plastics market generated a revenue of USD 5,600.7 million in 2025 and is expected to reach USD 10,085.6 million by 2033.
- The India market is expected to grow at a CAGR of 7.6% from 2026 to 2033.
- In terms of segment, glass fiber reinforced polymer (gfrp) was the largest revenue generating product in 2025.
- Hybrid FRP is the most lucrative product segment registering the fastest growth during the forecast period.
Fiber-reinforced plastics market data book summary
| Market revenue in 2025 | USD 5,600.7 million |
| Market revenue in 2033 | USD 10,085.6 million |
| Growth rate | 7.6% (CAGR from 2026 to 2033) |
| Largest segment | Glass fiber reinforced polymer (gfrp) |
| Fastest growing segment | Hybrid FRP |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP), Aramid Fiber Reinforced Polymer (AFRP), Basalt Fiber Reinforced Polymer (BFRP), Hybrid FRP |
Other key industry trends
- In terms of revenue, India accounted for 6.5% of the global fiber-reinforced plastics market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China fiber-reinforced plastics market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,085.6 million by 2033.
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Fiber-reinforced Plastics Market Scope
Fiber-reinforced Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kukdo Chemical | View profile | 501-1000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.kukdo.com |
| Interplastic Corporation | View profile | 251-500 | Saint Paul, Minnesota, United States, North America | https://interplastic.com/ |
| AOC | View profile | 1001-5000 | Schaffhausen, Schaffhausen, Switzerland, Europe | https://aocresins.com/en-emea/home |
| Scott Bader Ltd | View profile | 501-1000 | Wellingborough, Northamptonshire, United Kingdom, Europe | http://www.scottbader.com/ |
| Hexion | View profile | 10001+ | Columbus, Ohio, United States, North America | http://www.hexion.com |
| Polynt | View profile | 1001-5000 | Bergamo, Lombardia, Italy, Europe | http://www.polynt.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Olin Corp | View profile | 7326 | 190 Carondelet Plaza, Suite 1530, Clayton, MO, United States, 63105 | https://www.olin.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
India fiber-reinforced plastics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fiber-reinforced plastics market will help companies and investors design strategic landscapes.
Glass fiber reinforced polymer (gfrp) was the largest segment with a revenue share of 67% in 2025. Horizon Databook has segmented the India fiber-reinforced plastics market based on carbon fiber reinforced polymer (cfrp), glass fiber reinforced polymer (gfrp), aramid fiber reinforced polymer (afrp), basalt fiber reinforced polymer (bfrp), hybrid frp covering the revenue growth of each sub-segment from 2021 to 2033.
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Horizon Databook provides a detailed overview of country-level data and insights on the India fiber-reinforced plastics market , including forecasts for subscribers. This country databook contains high-level insights into India fiber-reinforced plastics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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India fiber-reinforced plastics market size, by product, 2021-2033 (US$M)
India Fiber-reinforced Plastics Market Outlook Share, 2025 & 2033 (US$M)
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