India Automotive Composite Leaf Springs Market

India Automotive Composite Leaf Springs Market Size and Share Forecast Outlook (2025 to 2035)

The India Automotive Composite Leaf Springs Market is projected to grow significantly from 2023 to 2030. As of 2025, the market is valued at approximately USD 50 million and is expected to expand at a CAGR of 7.5% during the forecast period. By 2035, the market is estimated to reach USD 85 million.

Key factors contributing to this growth include:

• Government Initiatives: Policies promoting eco-friendly and energy-efficient technologies in the automotive sector.
• Growing Demand for Commercial Vehicles: The increasing demand for light, medium, and heavy-duty vehicles with enhanced payload capacity is driving the adoption of composite leaf springs.
• Technological Advancements: Newly developed manufacturing technologies, such as HP-RTM and Prepreg Layup, have lowered the cost and increased the composite leaf springs' reliability.

Automotive Industry Growth: As India’s automotive market continues to expand, especially in electric vehicles (EVs) and commercial vehicles, the demand for lightweight and durable components like composite leaf springs will rise.

Attributes	Description
Projected Market Value (2035F)	USD 85 million
Value-based CAGR (2025 to 2035)	7.5%

Comprehensive Market Overview of India’s Composite Leaf Springs Sector

The India Automotive Composite Leaf Springs Market has been a vast development area in the last few years mainly due to increased demand for lightweight, durable, and high-performance vehicle components. Composite leaf springs are an alternate option to traditional steel spring-based automotive suspension. Advanced materials like fiber-reinforced polymers based advanced spring structures provide attributes unattainable with conventional steel leaf springs, such as lower weight, improved fuel economy, and excellent performance.

Composite leaf springs are also going to gain increased demand due to the fact that the Indian automobile sector will continue to expand, especially in the commercial vehicle side. Furthermore, innovations on the manufacturing process are also helpful for producing superior-quality composite springs such as HP-RTM and Prepreg Layup Process, which are increasingly used not only for light-duty vehicles but also on heavy-duty vehicles.

This market has been dominated by government regulations focusing on fuel efficiency and reductions in emissions along with the increase in demand for lightweight components in order to upgrade the performance of the vehicle. Advances in material science and manufacturing techniques have decreased the cost and feasibility of composite leaf springs, which have once been considered a premium product.

Key Trends Transforming the Indian Automotive Suspension Market

Shift toward Lightweight Materials
The automotive industry is increasingly focusing on reducing vehicle weight to improve fuel efficiency and reduce emissions. Composite materials, especially fiber-reinforced polymers, are highly preferred because of their high strength-to-weight ratio, thus minimizing the weight of the vehicle.

Technological Advancements in Manufacturing
With the newer advanced manufacturing process like HP-RTM, Prepreg Layup Process and others, it is now strengthening composite leaf springs to be much lighter and yet cheaper. Since these technologies assist in achieving an improved control on material properties thus enhancing the overall performance and quality.

Increased Demand for Commercial Vehicles
With growing development of infrastructure and increasing logistics activities in India, demand for light, medium, and heavy-duty vehicles is on the rise. These vehicles are now being fitted with more composite leaf springs to improve payload capacity and overall suspension performance.

Focus on Fuel Efficiency and Emission Reduction
The government's imposition of stricter fuel efficiency and emission standards will give composite leaf springs a competitive advantage regarding weight reduction and fuel efficiency in the engine to the automakers. This trend is particularly strong in the electric vehicle (EV) sector, where lightweight components are essential for maximizing battery range.

Sustainability and Eco-friendly Production
The push towards eco-friendly materials and sustainable production methods is becoming more prominent. Composite leaf springs, made from recyclable materials, align with these trends and are contributing to greener production methods in the automotive sector.

Top Segments Studied in the India Automotive Composite Leaf Springs Market Report

By Installation Type

The market can be segmented into two types of installations: transversal and longitudinal. However, the longitudinal installation is more prevalent and used mainly on heavy-duty as it is one of the inherent designs in a suspension system.

• Transversal Installation: This installation type is typically used in light-duty vehicles, such as passenger cars, where the leaf spring is installed horizontally across the vehicle.
• Longitudinal Installation: Predominantly used in heavy-duty and commercial vehicles, the longitudinal configuration ensures better stability and load distribution, making it suitable for vehicles carrying heavy loads or those requiring high-performance suspension systems.

Market Share:

• Longitudinal Installation: 65%
• Transversal Installation: 35%

By Process Type

The India automotive composite leaf spring market is segmented based on the manufacturing process into High-Pressure Resin Transfer Molding (HP-RTM), Prepreg Layup Process, and Others.

• High-Pressure Resin Transfer Molding (HP-RTM): It is one of the most widely used techniques for the composite leaf spring manufacture. The method provides a great deal of control over fiber orientation and resin distribution. High-strength components with a smooth surface finish can be obtained using this method.
• Prepreg Layup Process: The Prepreg Layup Process consists of the layup of pre-impregnated fiber material, which possesses superior mechanical properties and is highly efficient for manufacturing parts with complex geometries.
• Others: This category includes other methods such as filament winding and hand lay-up, though they are less commonly used in automotive composite leaf spring production.

Market Share:

• HP-RTM: 50%
• Prepreg Layup: 35%
• Others: 15%

By Location Type

The market is segmented into front leaf spring and rear leaf spring.

• Front Leaf Spring: Generally used in vehicles requiring a suspension system that absorbs front load, these leaf springs are crucial for maintaining vehicle stability and handling.
• Rear Leaf Spring: Commonly used in trucks, buses, and other heavy-duty vehicles, the rear leaf spring is designed to handle heavy loads, ensuring a comfortable ride even with high payloads.

Market Share:

• Rear Leaf Spring: 60%
• Front Leaf Spring: 40%

By Vehicle Type

The automotive composite leaf springs market is segmented by vehicle type into Passenger Cars, Light Commercial Vehicles (LCVs), and Medium & Heavy-Duty Vehicles (MHDVs).

• Passenger Cars: As passenger car consumers increase awareness on fuel economical and light
• Light Commercial Vehicles (LCVs): Composites leaf springs are being integrated into goods-transportation LCVs in order to increase payload capacity while enhancing suspension performance.
• Medium & Heavy-Duty Vehicles (MHDVs): These vehicles have an important market share because their applications in heavy loads and over long distances tend to benefit more from the composite leaf spring, which is made to be tougher and stronger than its counterparts.

Market Share:

• Passenger Cars: 30%
• Light Commercial Vehicles (LCVs): 25%
• Medium & Heavy-Duty Vehicles (MHDVs): 45%

Industry-wise Growth and Adoption of Lightweight Composite Materials

Segment	Passenger Cars
CAGR (2025 to 2035)	6.5%
Key Drivers	Demand for fuel-efficient and lightweight vehicles

Segment	Light Commercial Vehicles
CAGR (2025 to 2035)	8.0%
Key Drivers	Growth in logistics and transportation sectors

Segment	Medium & Heavy-Duty Vehicles
CAGR (2025 to 2035)	7.8%
Key Drivers	Increasing demand for higher payload capacity

Segment	HP-RTM Process
CAGR (2025 to 2035)	7.0%
Key Drivers	Enhanced strength-to-weight ratio and cost-effectiveness

Segment	Prepreg Layup Process
CAGR (2025 to 2035)	6.0%
Key Drivers	Demand for high-performance, durable components

Market Concentration and Competitive Landscape in India

The India automotive composite leaf spring market is moderately concentrated, with key players focusing on innovation, strategic partnerships, and increasing manufacturing capacity.

Key Players:

• SGL Carbon: Known for its advanced composite materials used in automotive suspension systems.
• Mahindra & Mahindra Ltd.: A major player in India’s automotive sector, using composites in their commercial vehicle leaf springs.
• Jiangsu Jingsheng New Energy Co. Ltd.: A leading producer of composite components for automotive applications.
• Continental AG: One of the largest automotive suppliers, including composite suspension parts

Recent Industry Updates and Innovation in Suspension Components

• March 2023: SGL Carbon announced the opening of a new plant in India for the production of composite leaf springs.
• June 2023: Mahindra & Mahindra integrated composite leaf springs in their latest line-up of commercial vehicles.

Future Outlook for the India Automotive Composite Leaf Springs Market Through 2035

• Growing Adoption in Electric Vehicles (EVs): As the number of electric vehicles increases, there will be a greater demand for lightweight components such as composite leaf springs to extend driving range.
• Continuous technological developments will reduce production costs, making composite leaf springs more accessible for a broader range of vehicles.
• Rising demand for composite leaf springs in the MHDV market in India is driven by rising logistics and infrastructure sectors.
• Government Support: Continued governmental support for fuel efficiency and emissions reduction will drive demand for innovative materials like composites.
• Technological Advancements: Ongoing improvements in the manufacturing processes will reduce costs, making composite leaf springs more accessible to a wider range of vehicles.
• Expansion in Commercial Vehicle Segment: The demand for composite leaf springs in the MHDV segment will continue to rise due to the expanding logistics and infrastructure sectors in India.
• Government Support: Policy support for fuel efficiency and emission reduction will continue to drive the adoption of advanced materials like composites.

Segmentation Overview of the India Automotive Composite Leaf Springs Market Report

By Installation Type:

• Transversal Installation
• Longitudinal Installation

By Process Type:

• HP-RTM
• Prepreg Layup
• Others

By Location Type:

• Rear Leaf Spring
• Front Leaf Spring

By Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Medium & Heavy-Duty Vehicles (MHDVs)