Domestic technical textiles Industry Segment-wise consumption of ...

Goa Glass Fibre Limited 2007-08 10300 11377
U P Twiga Fibres 2007-08 16800 10119
Others 2007-08 3400 1312
Total 2007-08 82000 72808
Source: Goa Glass Fibre, Capitaline, Industry Survey, IMaCS Analysis
Leading multinational companies operating in the segment of fibreglass and fibreglass fabric are
Saertex, LM Glass Fibre (turnover of Rs. 500 crore in India), Vestas and Dupont.
Amongst the smaller players, Montex Glass Fibre Industries manufactured 21.8 Lakh metres of glass
fabric with value of Rs 5.72 crore in 2005-06. Harsh Deep Industries manufactured 4 Lakh metres in
2005-06 valuing around Rs 3 crore. Vishnu Fabrics is another niche player manufacturing speciality
coated Glass Fibre technical textile mesh fabrics for reinforcing roads, gypsum walls and plaster;
glass mesh for external insulation finishing system, glass geo-textiles for preventing soil erosion;
glass mesh jointing self-adhesive tapes for jointing gypsum and calcium silicate boards and Cenfill
Glass Fibres for fibre reinforcement for cement and gypsum. Cenfill exports to UK, South Africa,
Israel, West Asia and USA. The unit had production of 25 Lakh Sq. Metres in 2005-06 with a value of
Rs 5.8 crore.
Market size of composites (technical textiles component) in India
India approximately has an installed production capacity of around 82,000 MT per annum of glass
fibre. The major producers of glass fibre in India are Owens Corning India Limited and Goa Glass
Fibre Limited which account for nearly 70%-75% of the total Glass Fibre capacity in India. Imports
also constitute a major share of glass fibre consumption in India.
Glass Fibre usage is diverse ranging from reinforcement fabric in printed circuit boards to aircraft
wings. The total production in India is approximately 73,000 MT; the imports in 2007-08 were around
60,000 MT (E) and exports in 2007-08 have been around 33,000 MT (E) (the average exports of the
Glass Fibre category is around 25,000-30,000 MT per annum and the average imports for the last
three years are around 50,000 MT per annum). The approximate domestic market for glass fibre is
around 100,000 MT per annum.
The glass fibre and composites market is witnessing strong growth stimulus, primarily on account of
strong focus on infrastructure investments in India. Wind energy and pipeline systems are two
applications where glass fibre reinforcements are finding extensive usage in India. The industry is
expected to grow at 15% y-o-y over the next five years.