Indian Composites Industry is Estimated to Reach $1400 million by 2014

India is the fastest growing market for composite materials, registering double-digit growth during the past five years. The Indian composites industry has proven track record for its low cost manufacturing base with automated processes, coupled with strong design and development expertise. Many markets with significant growth potential have adopted composite solutions. India offers many opportunities in the composites industry for new entrants as well as existing and expanding companies. This is the ideal time for industry players to take part in the rapid and systematic growth that is expected in the Indian Composites Industry in the next few years. According to new Composite Insights’ market report, the market for composite materials in India is expected to grow from 2009 to $1400 million in 2014 at a CAGR of 17.4%.

Composite Insights is a full service Global Market Research & Consulting firm focused on a variety of industry verticals, and empowered with strong knowledge and experience of end to end market research process in global markets.

We provide customized, global market research and market intelligence to help organizations make more informed business decisions, accelerate corporate growth, and mitigate risk. We also publish multi-client comprehensive market intelligence reports for a variety of industry verticals.

Composite Insights is the modern market research company that focuses on ensuring its clients lead the market trend rather than follow the same. Our analysts/consultants have diverse backgrounds and expertise, enabling them to bring valuable perspective to clients’ business issues and are committed to deliver the most cost-effective and superior quality solutions. We are experienced and creative, and engage in research projects that produce reliable, relevant, and actionable insights.

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This release was published on openPR.