Global High Performance Fibers Market (2020 to 2025) - Growing Demand from End-use Industries - ResearchAndMarkets.com

The "High Performance Fibers Market" report has been added to ResearchAndMarkets.com's offering.

The High-Performance Fibers Market size is forecast to reach $25 billion by 2025, after growing at a CAGR of 9% during 2020-2025.

High performance fibers have high strength and excellent corrosion resistance owing its use in various end use industries like automotive, aerospace & defense and electronics. Increasing demand for high quality product with good durability and strength is driving the growth of high-performance fibers market globally. Moreover, government regulations for safety and minimal road accidents has increased the demand of high-performance fibers in automotive sector which augmented their market growth.

Key Takeaways

• U.S has shown significant growth in the high-performance fibers market owing to increasing demand from applications such as automotive, defense and aviation industries.
• Properties such as durability, high tensile strength, flame and solvent resistant are the major factors driving the growth of high-performance fiber market.
• Increasing awareness for safety and security among people has also accelerated the growth of high-performance fiber market.

Market Dynamics

Drivers

• Growing demand from end use industries
• Rising popularity of power generation by renewable resources

Challenges

• High Manufacturing Cost and non-biodegradability of high-performance fibers

Acquisitions/Technology Launches

• In October 2019, Honeywell has launched Spectra Shield 6472, an expansion of its high performance hard armor suite of products for improved protection in military helmets.
• In August 2019, Toray Advanced Composites and BASF has signed an agreement for the production of continuous fiber reinforced thermoplastic (CFRT) tapes for the automotive and industrial markets.
• In February 2019, Teijin has acquired Renegade Materials Corporation and expanded carbon fiber intermediate material business for aerospace applications.
• In April 2018, Teijin expanded their carbon fiber operations in China and Taiwan with the establishment of Teijin Carbon Shanghai Co., Ltd. in Shanghai, China and Teijin Carbon Taiwan Inc. in Taipei, Taiwan.
• In February 2018, Toho Tenax Co., Ltd., has launched a new high-tensile and shock-resistant prepreg that incorporates carbon fiber.
• In November 2016 Adidas in collaboration with AMSilk has launched the first biodegradable high performance running shoe made with biosteel fiber.

Key Topics Covered:

1. High-Performance Fibers Market- Market Overview

1.1 Definitions and Scope

2. High-Performance Fibers Market - Executive Summary

2.1 Market Revenue, Market Size and Key Trends by Company

2.2 Key Trends by Type

2.3 Key Trends by Application

2.4 Key Trends by Geography

3. High-Performance Fibers Market - Landscape

3.1 Comparative analysis

3.1.1 Market Share Analysis- Top Companies

3.1.2 Product Benchmarking- Top Companies

3.1.3 Top 5 Financials Analysis

3.1.4 Patent Analysis- Top Companies

3.1.5 Pricing Analysis

4. High-Performance Fibers Market - Market Forces

4.1 Market Drivers

4.2 Market Constraints

4.3 Market Opportunities

4.4 Porters five force model

5. High-Performance Fibers Market -Strategic analysis

5.1 Value chain analysis

5.2 Opportunities analysis

5.3 Market life cycle

5.4 Suppliers and distributors Analysis

6. High-Performance Fibers Market - By Type (Market Size -$Million, KT)

6.1 Carbon Fiber

6.1.1 PAN Carbon Fiber

6.1.2 Pitch Carbon Fiber

6.2 Armid Fiber

6.2.1 Meta Armid

6.2.2 Para Armid

6.3 Glass Fiber

6.4 Polyphenylene Sulfide(PPS) Fiber

6.5 Polybenzimidazole(PBI) Fiber

6.6 Others

7. High-Performance Fibers Market - Application (Market Size -$Million, KT)

7.1 Aerospace and Defense

7.1.1 Engine Compartment

7.1.2 Propellers

7.1.3 Ballistic Missiles

7.1.4 Tanks

7.1.5 Bulletproof Jackets

7.1.6 Others

7.2 Automotive

7.2.1 Automotive Body

7.2.2 Tires

7.2.3 Others

7.3 Sporting Goods

7.4 Electronics

7.4.1 Optical Fibers

7.4.2 Antennas

7.4.3 Others

7.5 Construction & Infrastructure

7.6 Power and Energy

7.6.1 Turbine Blades

7.6.2 Nacelle

8. High-Performance Fibers Market - By Geography (Market Size -$Million / KT)

8.1 North America

8.2 South America

8.3 Europe

8.4 Asia Pacific

8.5 RoW

9. High-Performance Fibers Market - Entropy

9.1 New Product Launches

9.2 M&A's, Collaborations, JVs and Partnerships

10. High-Performance Fibers Market Company Analysis

10.1 Market Share, Company Revenue, Products, M&A, Developments

For more information about this report visit https://www.researchandmarkets.com/r/mrhdwc

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005843/en/