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Press ReleaseComposights India 1 min read

LICT and Stratview Research Launch Composights India for India’s Growing Composites Market

LICT and Stratview Research have launched Composights India, a joint platform designed to help companies navigate India’s rapidly expanding composites industry.

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Stratview Research has partnered with Link Institute of Composites Technology (LICT) to launch Composights India, a joint consulting platform that combines Stratview Research’s composites market intelligence with LICT’s technical expertise and on-ground execution capabilities.

The partnership brings together Stratview Research’s market research and forecasting capabilities with LICT’s practical expertise in composite materials, manufacturing, testing, and industry execution. The combined offering is intended to help companies move from identifying market opportunities to implementing projects on the ground.

According to Stratview Research, India’s composites market is projected to grow from approximately USD 1.2 billion to USD 2.0 billion by 2030, representing an 8% CAGR. Carbon fiber demand is also expected to more than double by 2030, with a 12.8% CAGR. India’s per-capita composites consumption remains significantly below the U.S., at 0.51 kg compared with 10.1 kg, indicating substantial room for market expansion.

Composights India will support areas including market research, India entry strategy, M&A advisory, project management, sourcing, and marketing and branding. The platform is intended to provide both strategic market direction and technical support for companies developing their presence across India’s composites value chain.

About Stratview Research

Stratview Research is a global market research and consulting firm specializing in mobility and composites. It provides services that include market research, consulting, sourcing intelligence, competitive benchmarking, and strategic advisory. The company reports 1,000+ market research reports, 100+ consulting projects completed, 10,000+ primary interviews, and more than 10 million data points supporting its research and consulting activities.

The company also operates Composights, a dedicated composites business intelligence platform covering market intelligence, forecasts, competitive intelligence, industry news, and strategic insights across the composites value chain.

About LICT

Link Institute of Composites Technology (LICT) is a technical and industry-focused organization specializing in composite materials, manufacturing technologies, testing, and engineering solutions. Its practical expertise supports companies in developing and implementing composite technologies, making it a technical partner for Composights India’s on-ground consulting capabilities.