High Performance Fiber Market worth 16.46 Billion USD by 2021


Posted January 17, 2019 by ggshri1989

[148 Pages Report] High Performance Fiber Market Analysis Report on Latest trends, Growth Factors, Key Players and more. Categorizing the global market by Type, Application & Region.

 
According to the new market research report “High Performance Fiber Market by Type (Carbon Fiber, Aramid, PBI, PPS, Glass Fiber, Ceramics), Application (Electronics & Communication, Textile, Aerospace & Defense, Automotive), Region - Global Forecast to 2021”, published by MarketsandMarkets™, the high performance market is projected to grow from 10.73 Billion in 2016 to USD 16.46 Billion by 2021, at a CAGR of 8.9% between 2016 and 2021.

Request for Free Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=148856153

Major reasons fueling the growth of the high performance fiber market are increasing need for high performance fibers in the aerospace & defense sector and growing demand for fuel-efficient and lightweight materials with superior strength for use in various applications, such as textile and automotive, among others.

Among types, the carbon fiber segment of the high performance fiber market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021.

Based on type, the carbon fiber segment of the high performance fiber market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021 due to increasing demand for carbon fibers to manufacture aircraft structural components, Fiberglass Reinforced Plastics (FRP) boards, automotive structural parts, golf shafts, and wind blade components, among others.

The aerospace & defense application segment is projected to lead the high performance fiber market during the forecast period, 2016 to 2021.

Among applications, the aerospace & defense segment accounted for the largest share of the high performance fiber market in 2016. The growth of the aerospace & defense application segment of the high performance fiber market can be attributed to increasing demand for carbon fiber-based composites that are used for manufacturing various structural parts of aircraft as high performance fibers offer high strength to weight ratio, increased corrosion resistance, and high temperature resistance.

Browse and in-depth TOC on “High Performance Fiber Market”
73 - Tables
38 - Figures
148 - Pages

Don’t miss out on business opportunities in “High Performance Fiber Market”. Gain crucial information about the industry insights that will help your business grow with Special Discount: https://www.marketsandmarkets.com/discountreports.asp?id=148856153

The Asia-Pacific region is projected to be the largest market for high performance fibers during the forecast period, 2016 to 2021.

The Asia-Pacific region accounted for the largest share of the high performance fiber market in 2016. It was followed by the North American and European regions. The Asia-Pacific region is a major consumer of high performance fibers, which are used in varied applications, such as electronics & telecommunication, textiles, aerospace & defense, construction & building, automotive, and sporting goods, among others. Demand for high performance fibers is increasing in various countries, such as Japan, Hong Kong, China, India, and Indonesia, among others of the Asia-Pacific region. Existing players are planning capacity expansions in the next few years to meet increasing demand for high performance fibers from various end-use applications.

The leading market players covered in this report include Teijin Ltd. (Japan), E. I. du Pont Nemours and Company (U.S.), Yantai Tayho Advanced Materials Co., Ltd. (China), Cytec Industries Inc. (U.S.), Mitsubishi Rayon Co., Ltd. (Japan), Owens Corning (U.S.), PBI Performance Products, Inc. (U.S.), Koninklijke Ten Cate NV (Netherlands), Kureha Corporation (Japan), and Toray Industries, Inc. (Japan), among others.

Request for Special Pricing on Bundle Reports @ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=148856153

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/high-performance-fiber-market.asp
Visit Our Website: https://www.marketsandmarkets.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets™ INC.
Phone 1-888-600-6441
Business Address 630 Dundee Road, Suite 430
Northbrook, IL 60062
Country United States
Categories Business , Industry , News
Tags High Performance Fiber Market
Last Updated January 17, 2019