Market Share of India Automotive Thermoplastic Polymer Composites Industry
The India Automotive Thermoplastic Polymer Composites Market is fragmented with various startups and regional players such as 3B-Fiberglass, Base Group, BASF, Gurit, and Solvay. Although to have the edge over its competitors, the companies are making joint-ventures, partnerships to launch newer products.
In 2019, Renolit GOR S.p.A. was India's top producer for Renolit Tecnogor, a glass fiber-reinforced, polypropylene-based (GF-PP) lightweight thermoplastic composite material. Today the company has added a new production line to the APPL GOR Plastics India Pvt. Ltd. plant. This is to serve customers in India and the other Asia Pacific nations. The new extrusion line is located in Pune. It will also be the first facility outside of Europe able to produce Renolit Tecnogor thermoformable sheets and rolls, along with other lightweight products in the Renolit Composites range.
India Automotive Thermoplastic Polymer Composites Market Leaders
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3B-Fiberglass
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BASF
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Gurit
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Solvay
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Arkema Group
*Disclaimer: Major Players sorted in no particular order
