High-Performance Fibers Market 2019
Description: –
As stated by a report found, the global high-performance fibers market is anticipated to grow in a profound manner. These fibers offer wonderful strength, heat and chemical resistance features which are the factors for its growing popularity.
Multiple other factors are expected to influence market growth. The market growth is anticipated to be majorly driven by the growing adoption of the product that is resistance to high temperature and corrosion in the manufacturing of the aircraft parts is expected to boost the market growth. Moreover, increasing adoption of glass fibers in electronics and communication in the transmission of signals through fiber optic cables will further fuel the market growth in the coming years.
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Key Players
AGY
Bally Ribbon Mills
Beijing Tongyizhong Specialty Fiber
Braj Binani
Cytec Solvay
DSM
DowDuPont
Honeywell
Jilin Qifeng Chemical Fiber
Jushi
Kureha
Owens Corning
Mitsubishi Chemical
PBI
Sarla Performance Fibers
Sinopec Yizheng Chemical Fiber
SHANGHAI SRO PROTECTIVE EQUIPMENT
Teijin
Toray
Toyobo
W. L. Gore
Yantai Tayho Advanced Materials
Rapid growing automobile industry, rising demand for lightweight vehicles and advancement in technology is projected to propel the product demand in the coming years. Since High-performance fibers are being used in various applications due to its higher strength, lightweight, and durability so all these benefits further influence the market growth over the forecast period. However, some of the key challenges are also studied in the report.
Market Segmentation
The global market for high-performance fibers market has been segregated into type and application. Based on the type, the market has been segmented into Carbon Fiber, Aramid Fiber, Glass Fiber and Polyphenylene sulfide (PPS). Carbon fibers segment is anticipated to grow at a higher CAGR in the coming years due to the reduced iron ore deposits and innovation in the production technology of carbon fiber results in increasing consumer preference for the product. Based on the application, the market has been segmented into Aerospace & Defense, Automotive, Sporting Goods, Alternative Energy and Electronics & Telecommunications
Detailed Regional Analysis
The regional analysis helps in getting a clear picture of the market progression over key regions. The global market of the high-performance fibers has been analyzed across the United States, Europe, India, Japan, China, and Southeast Asia. The APAC region is estimated to dominate the global high-performance fibers market in the coming years which is due to the presence of major manufacturers in the region. Additionally, the huge availability of raw material and reduced labor cost will further complement the regional growth in the coming years. North American region is also showing significant growth owing to increasing penetration of carbon and aramid fibers in the aerospace and defense industry in US. Additionally, increasing government spending in the developed economies will further drive the regional product demand. Central and South American market is also anticipated to witness significant growth mainly due to the increasing consumption of all types of fibers in the region.
Competitive Landscape
The growing competition among eminent market players is likely to work in the favor of the global market of high-performance fibers market. Partnerships and agreements, mergers and acquisitions among eminent companies that are operating in the market will have a positive impact on the market and these kinds of strategies are projected to provide more stability to the companies soon.
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Table of Contents – Major key Points
- High – Performance Fibers Product Definition
- Global High – Performance Fibers Market Manufacturer Share and Market Overview
- Manufacturer High – Performance Fibers Business Introduction
- Global High – Performance Fibers Market Segmentation (Region Level)
- Global High – Performance Fibers Market Segmentation (Product Type Level)
- Global High – Performance Fibers Market Segmentation (Industry Level)
- Global High – Performance Fibers Market Segmentation (Channel Level)
- High – Performance Fibers Market Forecast 2018-2023
- High – Performance Fibers Segmentation Product Type
Continued…
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