DUBLIN, Feb. 26, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/bskvmp/growth) has announced the addition of the "Growth Opportunities in India Composite Textiles Market - Trend, Forecast and Competitive Analysis to 2018" report to their offering.
The Indian composite textiles market is estimated to witness strong growth and reach $127 million by 2018. Despite the high cost of glass and carbon fibers, presence of only two major glass fiber producers in India, import restrictions, and lack of mechanized process, the Indian composite textiles industry has posted a substantial growth during the last decade. The Indian composites textiles industry witnessed dramatic changes that could be attributed to a host of economic factors.
From the analysis presented, composite textiles raw material suppliers, manufacturers as well as composite product producers will recognize that two scenarios for short-term and long-term business exist.
The report analyses that raw material cost for composite textiles is dependent on the fiber cost which is quite high, especially borax, which comprises approximately 50% to 75% of the total production cost for glass fiber, while for carbon fiber the precursors cost more than 80% of the total cost. The cost of fuel, which is crucial to the industry, is extremely volatile.
The report studies that composite textiles are making inroads in end user markets, such as wind energy, transportation, marine, and construction because of their outstanding chemical and mechanical properties. Composite textiles, with high strength-to-weight ratio, is primarily used where high strength and minimum weight is required. It also offers flexibility in design.
Composite textiles are finding their increased usage in the end applications and markets. The trends in these application markets are likely to shape the Indian composite textiles industry. Applications are going through an evolution, and thus new trends can be observed in the Indian composite textiles market.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Key Topics Covered:
1. Executive Summary
2. Indian Economy Trend and Forecast
3. Overview of Composite Textiles Market in India
4. India Fiberglass Market Analysis 2012
5. Competitive Landscape and Growth Opportunities Analysis
6. Industry Strategic Assessment
7. Expert Opinion
8. Company Profiles for Leading Players
- Advanced Textiles & Materials
- Goa Glass Fibre
- Kush Synthetics
- Owens Corning India
- Saertex India
For more information visit http://www.researchandmarkets.com/research/bskvmp/growth
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SOURCE Research and Markets