High Performance Fiber Trends and Forecast
The future of the global high performance fiber market looks promising with opportunities in the electronics & telecommunication, textile, aerospace & defense, construction & building, automotive, and sporting goods markets. The global high performance fiber market is expected to reach an estimated $31.1 billion by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are growing usage of this fiber in the reinforcement of composites, increasing demand for organic high-performance fibers, and expanding preference for lightweight material solutions among industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
High Performance Fiber by Segment
The study includes a forecast for the global high performance fiber by product, application, and region.
High Performance Fiber Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Carbon Fiber
• Polybenzimidazole
• Aramid Fiber
• M5/PIPD
• Polybenzoxazole
• Glass Fiber
• High Strength Polyethylene
• Others
High Performance Fiber Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Electronics & Telecommunication
• Textile
• Aerospace & Defense
• Construction & Building
• Automotive
• Sporting Goods
• Others
High Performance Fiber Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of High Performance Fiber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high performance fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high performance fiber companies profiled in this report include-
• Toray Industries
• Dupont
• Teijin
• Toyobo
• DSM
• Kermel
• Kolon Industries
High Performance Fiber Market Insights
Lucintel forecasts that polybenzimidazole is expected to witness the highest growth over the forecast period due to its enhanced properties, such as high glass transition temperature, no melting point, and extremely high heat deflection temperature.
Within this market, aerospace & defense is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period due to increase in demand for fiber-reinforced composite materials in the automotive, electronics, and construction sectors of the region.
Features of the Global High Performance Fiber Market
Market Size Estimates: High performance fiber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: High performance fiber market size by product, application, and region in terms of value ($B).
Regional Analysis: High performance fiber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the high performance fiber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high performance fiber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the high performance fiber market size?
Answer: The global high performance fiber market is expected to reach an estimated $31.1 billion by 2030.
Q2. What is the growth forecast for high performance fiber market?
Answer: The global high performance fiber market is expected to grow with a CAGR of 8.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the high performance fiber market?
Answer: The major drivers for this market are growing usage of this fiber in the reinforcement of composites, increasing demand for organic high-performance fibers, and expanding preference for lightweight material solutions among industries.
Q4. What are the major segments for high performance fiber market?
Answer: The future of the high performance fiber market looks promising with opportunities in the electronics & telecommunication, textile, aerospace & defense, construction & building, automotive, and sporting goods markets.
Q5. Who are the key high performance fiber market companies?
Answer: Some of the key high performance fiber companies are as follows:
• Toray Industries
• Dupont
• Teijin
• Toyobo
• DSM
• Kermel
• Kolon Industries
Q6. Which high performance fiber market segment will be the largest in future?
Answer: Lucintel forecasts that polybenzimidazole is expected to witness the highest growth over the forecast period due to its enhanced properties, such as high glass transition temperature, no melting point, and extremely high heat deflection temperature.
Q7. In high performance fiber market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increase in demand for fiber-reinforced composite materials in the automotive, electronics, and construction sectors of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the high performance fiber market by product (carbon fiber, polybenzimidazole, aramid fiber, M5/PIPD, polybenzoxazole, glass fiber, high strength polyethylene, and others), application (electronics & telecommunication, textile, aerospace & defense, construction & building, automotive, sporting goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to High Performance Fiber Market, High Performance Fiber Market Size, High Performance Fiber Market Growth, High Performance Fiber Market Analysis, High Performance Fiber Market Report, High Performance Fiber Market Share, High Performance Fiber Market Trends, High Performance Fiber Market Forecast, High Performance Fiber Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.