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Composite Materials (carbon Fibre Composites & Glass Fibre Composites)

A composite material is composed of at least two materials, which combine to give properties superior to those of the individual constituents. Fibre reinforced polymer (FRP) composites, usually with carbon, glass, aramid, polymer or natural fibres embedded in a polymer matrix. Other matrix materials can be used and composites may also contain fillers or nano-materials such as grapheme. The many component materials and different processes that can be used make composites extremely versatile and efficient. They typically result in lighter, stronger, more durable solutions compared to traditional materials. As with all engineering materials, composites have particular strengths and weaknesses, which should be considered at the specifying stage. Composites are by no means the right material for every job. However, a major driving force behind the development of composites has been that the combination of the reinforcement and the matrix can be changed to meet the required final properties of a component. For example, if the final component needs to be fire-resistant, a fire-retardant matrix can be used in the development stage so that it has this property. The future of the composites market looks attractive with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The composite materials market is expected to reach an estimated $40.2 billion by 2024 and it is forecast to grow at a CAGR of 3.3% from 2019 to 2024. The composites end product market is expected to reach an estimated $114.7 billion by 2024. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and high flame retardant materials demand in electrical and electronics industry. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Ahlstrom Munksjo Fibercomposites India Pvt. Ltd. Chevron Glassfibre Reinforcements Ltd. Everlast Composites Pvt. Ltd. Ineos Styrolution India Ltd. Magnus Composites Synergies Pvt. Ltd. Owens Corning Inds. (India) Pvt. Ltd. Teijin India Pvt. Ltd.
Plant capacity: Carbon Fibre Composite Laminate M2 width 1500 mm: 833.3 Sq. Mt. / Day Glass Fibre Composite Laminate M2 width 1500 mm : 833.3 Sq. Mt. / DayPlant & machinery: Rs 115 lakhs
Working capital: -T.C.I: Cost of Project : Rs 452 lakhs
Return: 29.00%Break even: 67.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.


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