Global Hgh Performance Fiber Market is Projected to Grow at 9.2% CAGR During 2016 to 2021
The Global High Performance Fiber Market: Highlights
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.
Global High
Performance Fiber Market – By End Use Industry
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.
Stratview Research
Email: sales@stratviewresearch.com
Direct: +1-313-307-4176
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 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.
Global High
Performance Fiber Market – By End Use Industry
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.
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.
For more information, contactStratview Research
Email: sales@stratviewresearch.com
Direct: +1-313-307-4176
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