High-Performance
Fiber Market Overview to 2023:
The major regions in the global
high-performance fiber market are Asia-Pacific, North America, Europe, The
Middle East & Africa, and Latin America. Asia-Pacific held the largest
market share of 45% in 2017. The countries namely, China, India, Japan, and
South Korea are major contributors to the growth of this regional market. China
is the largest consumer of the product in this region, wherein the major
consumers of the product are electronics, energy, and telecommunication, among
others. Additionally, the developing countries in this region are rapidly
taking up the infrastructure development activities mainly development of
physical infrastructure, commercial buildings, and housing development, which
is likely to favor the market growth in this region.
The automobile industry is constantly
growing in this region with the leading automakers shifting their facilities
and operations in this region. Additionally, the aerospace & defense
industry in this region is growing at healthy CAGR owing to the huge investment
by India and China in space exploration and domestic air travel. Indian Space
Research Organization (ISRO) has emerged as one of the leading commercial space
agencies in the world. Furthermore, the installation of wind turbine is gaining
momentum in this region due to favorable government policies such as “national offshore
wind energy policy” (NOWEP) and formation of “national institute for wind
energy” (NIWE) by the Indian government. This includes allocation of blocks,
facilitating international investment and coordination among stakeholders to
take forward this source of renewable energy. This, in turn is anticipated to
drive demand of high-performance fiber which is majorly used in making
footwear.
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10 Key Players:
Ø TEIJIN LIMITED
Ø Mitsubishi Chemical Corporation
Ø Corning Incorporated
Ø Solvay
Ø Kureha Corporation
Ø PBI Performance Products, Inc.
Ø Honeywell International Inc.
Ø AGY
Ø ZOLTEK Corporation
Ø Yantai Tayho Advanced Materials Co.,Ltd.
Ø PHP Fibers GmbH
Ø Bally Ribbon Mills
Ø The InterTech Group, Inc.
Ø Binani Industries Ltd.
Ø Sarla Performance Fibers Limited
Market
Segmentation:
The global High-Performance
Fiber Market has been segmented on the basis of type, application, and
region.
Based on type, the global high-performance
fiber market has been segregated into carbon fiber, aramid fiber, ceramic
fiber, glass fiber, polybenzimidazole (PBI), polyphenylene sulfide (PPS), PE
fiber, and others.
On the basis of application, the market is
categorized into automotive, aerospace & defense, building &
construction, electronics & telecommunication, energy, textiles, sports
& leisure, and others.
Intended Audience
- High-Performance
Fiber Manufacturers
- Traders
and distributors of High-Performance Fiber
- Research
and Development Institutes
- Potential
investors
- Raw
material suppliers
- Nationalized
laboratories
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