Chemicals Industry Today
High Performance Fiber Market to experience an impressive growth of 9.2% during 2016-2021
Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the High Performance Fiber Market, answers all the important questions.
Published 02 July 2019
Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global High Performance Fiber Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2016-2021.
The important questions the report answers are:
These questions and many more, big and small, are all discussed in the report in great detail.
The Global High Performance Fiber Market: Highlights
The demand of lightweight products at superior strength is the core requirement in the high performance industries, such as aerospace and defense. Similarly, the strict government regulations in the automotive industry, such as CAFÉ standard are putting pressure on OEMs to curb the overall vehicle weight to achieve high fuel efficiency and reduce carbon emission. These are some of the factors compelling OEMs to develop products leveraging high performance fibers in the structural applications, such as aircraft fuselage & wings, automotive monocoque, wind blades, and ballistic armor. High performance fibers include carbon fiber (PAN and Pitch), aramid fiber (Meta and Para), S-glass fiber, Polybenzimidazole (PBI) Fiber, High-Strength PE Fiber, Boron fiber, and Polyphenylene sulfide (PPS) Fiber.
The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/82/high-performance-fiber-market.html
The Growth Prognosis & its Drivers
The high performance fiber market offers a healthy growth opportunity and is likely to grow at a 9.2% CAGR during the forecast period of 2016 to 2021. Carbon fiber is likely to drive the global high performance fibers market mainly driven by increasing penetration in the automotive, aerospace & defense, and wind energy segments. High impact resistance, high specific strength and modulus, excellent corrosion resistance and fatigue resistance are the major drivers of high performance fibers market.
Market Segments
Aerospace and defense is expected to remain dominant and one of the fastest growing segments in the high performance fibers market during the forecast period. North America is expected to remain the largest market for high performance fibers during the forecast period.
Players
The supply chain of this market comprises raw material manufacturers, fiber manufacturers, distributors, part fabricators, and OEMs. Some of part fabricators are GKN Aerospace, Spirit Aerosystem, Tecsis, Mubea Carbo Tech, and Hexagon composites and key OEMs are Airbus, Boeing, Northrup Grumman, Bombardier, Vestas, General Motors, BMW, and Ford.
The key high performance fiber manufactures are Toray Industries, Teijin Industries, DuPont, Royal DSM, AGY Holdings, Owens Corning, and 3B Fiberglass. New product development, new optimized manufacturing process development, collaboration with customers, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.
Click Here for Other Reports from Stratview Research in the Advanced materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2016-2021.
The important questions the report answers are:
- What will be the market growth rate in the near future?
- What are the major developments in the market wrt regulations, acquisitions and innovations?
- What are the growth drivers as well as the constraints?
- What are the regional growth hotspots?
- What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.
The Global High Performance Fiber Market: Highlights
The demand of lightweight products at superior strength is the core requirement in the high performance industries, such as aerospace and defense. Similarly, the strict government regulations in the automotive industry, such as CAFÉ standard are putting pressure on OEMs to curb the overall vehicle weight to achieve high fuel efficiency and reduce carbon emission. These are some of the factors compelling OEMs to develop products leveraging high performance fibers in the structural applications, such as aircraft fuselage & wings, automotive monocoque, wind blades, and ballistic armor. High performance fibers include carbon fiber (PAN and Pitch), aramid fiber (Meta and Para), S-glass fiber, Polybenzimidazole (PBI) Fiber, High-Strength PE Fiber, Boron fiber, and Polyphenylene sulfide (PPS) Fiber.
The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
- by End Use Industry : Sporting Goods, Aerospace & Defense and Others
- by Usage : Polymer Composites and Non Polymer Composites
- by Sales Channel : Direct Sales and Distributors
- by Region : North America, Europe, Asia-Pacific, and RoW
Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/82/high-performance-fiber-market.html
The Growth Prognosis & its Drivers
The high performance fiber market offers a healthy growth opportunity and is likely to grow at a 9.2% CAGR during the forecast period of 2016 to 2021. Carbon fiber is likely to drive the global high performance fibers market mainly driven by increasing penetration in the automotive, aerospace & defense, and wind energy segments. High impact resistance, high specific strength and modulus, excellent corrosion resistance and fatigue resistance are the major drivers of high performance fibers market.
Market Segments
Aerospace and defense is expected to remain dominant and one of the fastest growing segments in the high performance fibers market during the forecast period. North America is expected to remain the largest market for high performance fibers during the forecast period.
Players
The supply chain of this market comprises raw material manufacturers, fiber manufacturers, distributors, part fabricators, and OEMs. Some of part fabricators are GKN Aerospace, Spirit Aerosystem, Tecsis, Mubea Carbo Tech, and Hexagon composites and key OEMs are Airbus, Boeing, Northrup Grumman, Bombardier, Vestas, General Motors, BMW, and Ford.
The key high performance fiber manufactures are Toray Industries, Teijin Industries, DuPont, Royal DSM, AGY Holdings, Owens Corning, and 3B Fiberglass. New product development, new optimized manufacturing process development, collaboration with customers, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.
Click Here for Other Reports from Stratview Research in the Advanced materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html
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