The global high-performance fiber market size was estimated at USD 12.2 billion in 2018 and is expected to show an average annual growth rate of 11.0% based on sales from 2021 to 2027. Military vehicles, aircraft, electronics and sporting goods are expected to drive industry growth during the forecast period.
Some high-performance fibers offer excellent features such as high heat and chemical resistance to most organic solvents, high abrasion resistance, non-conductive, and good fabric integrity at high temperatures. In addition, the product has good strength-to-weight ratio and high rigidity, which provides high usability in aerospace applications.
A full report of High Performance Fibers Market available at https://www.orionmarketreports.com/high-performance-fibers-market/15280/
High Performance Fibers Market: Segmentation
By Product Type
• Carbon Fiber
• Polybenzimidazole (PBI)
• High-Strength PE Fiber
• Aramid
• Polyphenylene Sulfide (PPS)
• Glass Fiber
• Ceramics
• Others
By Application
• Electronics & Telecommunication
• Textile
• Aerospace & Defense
• Construction & Building
• Automotive
• Sporting Goods
• Others
Key Players in High Performance Fibers Market
• Teijin Ltd.
• E. I. du Pont Nemours and Company
• Yantai Tayho Advanced Materials Co., Ltd.
• Cytec Industries Inc.
• Mitsubishi Rayon Co., Ltd.
• Owens Corning
• PBI Performance Products, Inc.
• Koninklijke Ten Cate NV
• Kureha Corporation
• Toray Industries, Inc.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)