Lucintel Projects Good Growth for India Composites Textiles Market 2013-2018
The Indian composite textiles market is estimated to witness strong growth and reach $127 million by 2018.
Irving (I-Newswire) December 30, 2013 - 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.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the market conditions of the Indian composite textiles market and presents its findings in "Growth Opportunities in India Composite Textiles Market: Trend and Forecast 2013-2018".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.
Lucintel 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. Lucintel offerings include Composites Market Report.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at email@example.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.
Lucintel has started Live Chat in its website to answer visitors' question in real time with precision. Visitors can either directly chat or talk with our expert at free of cost through Live Chat to get assistance about what they are looking for from Lucintel. Visit Lucintel Product list http://www.lucintel.com/lucintel-product-catalog.htmlto see a complete list of Lucintel reports. Sign up for our free Email Newsletter http://www.lucintel.com/newsletter.aspx
Lucintel, the premier global management consulting and market research firm creates your equation fo More..r growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel provides cutting-edge decision support services that help you make critical decisions with greater speed, insight, and accuracy. To learn how Lucintel can really help focus your business development efforts with pragmatic solutions, watch a 3.5-minute short movie at www.lucintel.com/imovie/.
Lucintel's broad scope of services help you plan your growth - not only in the markets you should pursue, but also the technology and strategy required for success. For more than ten years, our industry knowledge and expertise has helped thousands of clients create the equation for measurable results. Let us create an equation for you that meet your goals.Less..
1320 Greenway Drive
Suite 870, Las Colinas,TX 75038
Phone : +1-972-636-5056-28
Tags:Composites Market Report
Published On:December 30, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
Sturdy Gun Safe Offers American Made Gun Safes at the Best Prices
Lotus Greens Yamuna Expressway - Select Your "Living Style"
Teknowledge Extends Its Social Media Campaigns To Behance
Frontier Label Announces Discount Code For The Month
Las Vegas Home Being Sold By the Ballen Group