High Performance Fibers Market Outlook to 2030: Top Manufacturer Analysis, Industry Overview and Forecast Report

Posted on 2023-01-10 by researchinsights in Chemicals // 0 Comments

San Francisco, California , USA, Jan 10, 2023 — /EPR Network/ —

High Performance Fibers Industry Overview

The global high performance fibers market size was valued at USD 11.90 billion in 2021 and is expected to grow at a compounded annual growth rate (CAGR) of 8.7% from 2022 to 2030.

Increasing usage of high performance fibers (HPF) in the reinforcement of composites for applications in military vehicles, aircraft, electronics, and sports goods is projected to drive the industry growth over the forecast period. Some of the high-performance fibers provide superior features, such as high thermal and chemical resistance to most organic solvents, high abrasion resistance, non-conductivity, and good fabric integrity at elevated temperatures. In addition, the product offers superior strength to weight ratio and high rigidity, thereby providing high utility in aerospace applications.

Gather more insights about the market drivers, restrains and growth of the Global High Performance Fibers Market

The HPF market is subjected to stringent rules and regulations regarding the use of materials followed by aircraft manufacturers. The regulations regarding usage of materials, processing & transportation, and waste disposal are implied by authorities, such as Federal Aviation Association (FAA), Federal Aviation Regulations (FAR), EPA, REACH, and OSHA. Increasing technological advancements in the use of additive manufacturing in aerospace production are expected to open new avenues for the market. Players in the market are focusing on research and development of HPF-reinforced composites to increase their strength due to the growing demand for lightweight materials.

The HPF is acting as an asbestos substitute for bullet-proof jackets, tires, belts, concrete reinforcing, and heat-resistant cushions. In addition, they also find applications in wind power generator blades, ropes, and fishing nets. The cut, thermal, chemical, and abrasion resistance offered by these fibers also enhance their utility in the manufacturing of protective gloves and mooring ropes. Toxicity issues concerning the production of Carbon-reinforced Fiber Composites (CFRC) may negatively influence the market growth. However, enhancement of fuel efficiency and emission reduction in vehicles & aircraft owing to the application of high-performance fiber is expected to benefit the market growth.

Browse through Grand View Research’s Advanced Interior Materials Industry Research Reports.

Polyurethane Processing Machine Market – The global polyurethane processing machine market size was valued at USD 3.74 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2030.
Composites Market – The global composites market size was estimated at USD 89.32 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 7.0% from 2022 – 2030.

High Performance Fibers Market Segmentation

Grand View Research has segmented the global high performance fibers market based on product, application, and region:

High Performance Fibers Product Outlook (Volume, Kiloton, Revenue, USD Million, 2017 – 2030)
- Carbon Fiber
- Polybenzimidazole (PBI)
- Aramid Fiber
- M5/PIPD
- Polybenzoxazole (PBO)
- Glass Fiber
- High-strength Polyethylene
- Others
High Performance Fibers Application Outlook (Volume, Kiloton, Revenue, USD Million, 2017 – 2030)
- Electronics & Telecommunication
- Textile
- Aerospace & Defense
- Construction & Building
- Automotive
- Sporting Goods
- Others
High Performance Fibers Regional Outlook (Volume, Kiloton, Revenue, USD Million, 2017 – 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa (MEA)

Key Companies profiled:

Some prominent players in the global High Performance Fibers market include

Toray Industries, Inc.
Dupont
Teijin Limited
Toyobo Co. Ltd
DSM
Kermel S.A.
Kolon Industries, Inc.
Huvis Corp.

Order a free sample PDF of the High Performance Fibers Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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