Composite Insights' Report Outlines Tremendous Growth for Indian Carbon Fiber Composites Market: Market to reach $ 53 million in

Composite Insights' Report Outlines Tremendous Growth for Indian Carbon Fiber
           Composites Market: Market to reach $ 53 million in 2018

  PR Newswire

  HYDERABAD, India, January 29, 2013

HYDERABAD, India, January 29, 2013 /PRNewswire/ --

Once the domain of aerospace and space applications in India, carbon fiber
composites are increasingly being used in a host of new industrial
applications where material cost is secondary to performance, high strength
and reduced weight considerations. Indian carbon fiber composites market
poised for dramatic growth and expect to reach USD 53 million by 2018. The
industrial market is expect to witness very strong growth, followed by
aerospace segment. Consumer goods market expect to post slow growth between
2013 and 2018.

Composite Insights, a leading global custom and syndicated research firm,
analyzed Indian market for carbon fibers and carbon fiber composites and
presents its findings in " Growth Opportunities in Indian Carbon Fiber
Composites Market: 2013-2018. "

Composite Insights' research indicates future growth of the carbon fiber
composites market in India will be driven by various industrial applications.
In order to meet the surging demand from various customers for highly valued
intermediate material including prepregs, many companies have increased their
focus on Indian market recently. For example, Toho Tenax Co. Ltd., announced
that it will develop and market carbon fiber fabrics for India's composite
industry in collaboration with Hindoostan Technical Fabrics Limited. Kemrock
Industries and Exports Ltd., one of the leading manufacturers of Reinforced
polymer (FRP) composites, commissioned India's first carbon fiber
manufacturing facility in Vadodara, Gujarat.

The intelligence report, which provides trend scenarios for 2007, 2011 and
2012 and forecast statistics for 2013 and 2018; details market drivers and
challenges; and highlights the major carbon fiber customers.

For a detailed table of contents and pricing information on this timely,
insightful report, contact Composite Insights at +91-406-569-6318 or via email
at helpdesk@compositeinsights.com . Composite Insights strives to ensure its
clients lead the market trend. To learn more, please visit us at
http://www.compositeinsights.com .

Contact:

Prashanth Ravula +91-406-569-6318 helpdesk@compositeinsights.com