This site uses cookies, including third-party cookies, that help us to provide and improve our services. Privacy Policy

Professionals 201 Users Online

High Performance Fibers Market

Market Study on High Performance Fibers: Defense, Aerospace, and Textile Sectors to Account for High Product Demand

High Performance Fibers Market Segmented By Product, Application and Region

High Performance Fibers Market Outlook (2022-2032)

The value of the high performance fibers market is US$ 12 Bn in 2022, which is likely to increase to US$ 27.5 Bn by the end of 2032, expanding at a high-value CAGR of 8.6% through 2032.

Based on product, demand for polybenzimidazole (PBI) is likely to progress at the highest CAGR of 14.1% from 2022 to 2032 due to its superior properties such as no melting point and high glass transition temperature.

High Performance fibers Market Size (2022E)

US$ 12 Bn

Projected Sales Value of High Performance Fibers (2032F)

US$ 27.5 Bn

Market Growth Rate (2022-2032)

8.6% CAGR

Value Share of Aerospace and Defense Industry (2021A)

44.1%

Sample Report

FREE Report Sample is Available

In-depth report coverage is now just a few seconds away

Download PDF Get FREE Report Sample

Overview of High Performance Fibers

High performance fibers are those fibers that offer exceptional strength, heat, and chemical resistance. High performance fibers are niche products but some of them are manufactured in large quantities according to the demand from end-user industries. High performance fibers offer various properties such as fire resistance, high elongation, high tension, and insulation among others.

High performance fibers include various fibers such as aramid fibers, carbon fibers, melamine fibers, polybenzimidazole fibers (PBI), fluoropolymer fibers, polyphenylene sulfide fiber (PPS), ceramic fibers and HDPE fibers among others. Due to the unique properties of high performance fibers, they are used in various end-user industries such as aerospace, automotive, buildings & construction, marine, energy, defense & military, electronics & telecommunications, and medical & healthcare among others. Glass and carbon fibers are commonly preferred high performance fibers across various end-user segments.

high-performance-fibers-market

Custom Report Cover

Make This Report Your Own

Take Advantage of Intelligence Tailored to your Business Objective

> Get a Customized Version

Growing Application of High Performance Fibers in Aerospace Industry

At present, many end-user industries, for instance, electronics, buildings and construction, automotive, and aerospace are increasing demand for high performance fibers. Among these, the aerospace industry uses these fibers, such as aramid fibers & ceramic fibers, and carbon fibers for the enhancement of the performance of engines. High performance fibers provide lighter weight to components and thus increase the fuel efficiency of the engines in the aerospace industry.

Market Research Methodology

Market Research Methodology

-Perfect through Years of Diligence

Check Research Methodology

Increased Use of High Performance Fibers in Defense and Textile Industries

The high performance fibers are used at an increased rate to increase the durability of different components. In the defense industry, these high performance fibers, such as carbon fibers and aramid fibers are used to manufacture composites that are used in vessels and vehicles. In addition, the high performance fibers are also sued to manufacture jackets and armors.

In the textile industry, these fibers are used for the manufacturing of technical textiles that needs chemical and fire resistance. Moreover, in the electronics & telecommunication industry, these are used in electronic circuits and fiber optics.

Sales Team

Sales Team
Client Partner

Let's Connect

Connect me to identify winning opportunities

Ask An Expert
I'm Available

Higher Prices of High-Performance Fibers an Issue

The high performance fibers are comparatively costly compared to other market options. In addition, the issues related to the recycling of these fibers are also predicted to limit growth opportunities in the market in the coming years.

High Demand for Fibers from Defense & Military Industry in North America

Based on geography, North America is anticipated to dominate the industry of high performance fibers in the coming years. The dominance of the region is attributed to the growing demand for high performance fibers from the aerospace industry and defense & military industry.

Europe, among other regional areas, is also likely to grow at a significant speed in the global high performance fibers market. The growth opportunities in the regional market are owing to the growing demand for these fibers from the defense & military industry.

Key Market Players

Some of the key manufacturers of high performance fibers are E. I. du Pont de Nemours and Company, Toray Industries Inc., Zoltek Companies Inc., Teijin Ltd., Kamenny Vek, and Koninklijke Ten Cate NV, among several others.

High Performance Fibers Industry Report Scope

Attribute

Details

Forecast period

2022-2032

Historical data available for

2017-2021

Market analysis

USD million for value

Key regions covered

  • North America
  • Europe
  • Latin America
  • East Asia
  • The Middle East & Africa
  • South Asia & Pacific

Key countries covered

  • U.S.
  • Canada
  • the UK
  • Germany
  • France
  • Spain
  • Mexico
  • Italy
  • Japan
  • China
  • India
  • New Zealand
  • Malaysia
  • Australia
  • Thailand
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

Key market segments covered

  • Product
  • Application
  • Region

Key companies profiled

  • E. I. du Pont de Nemours and Company
  • Toray Industries Inc.
  • Zoltek Companies Inc.
  • Teijin Ltd.
  • Kamenny Vek
  • Koninklijke Ten Cate NV

Report Coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & pricing

Available upon request

High Performance Fibers Industry Research by Category

By Product:

  • Carbon Fiber
  • Polybenzimidazole (PBI)
  • Aramid Fiber
  • M5/PIPD
  • Polybenzoxazole (PBO)
  • Glass Fiber
  • High-strength Polyethylene
  • Others

By Application:

  • Electronics & Telecommunication
  • Textile
  • Aerospace & Defense
  • Construction & Building
  • Automotive
  • Sporting Goods
  • Others

By Region:

  • North America
  • Europe
  • Latin America
  • East Asia
  • The Middle East & Africa
  • South Asia & Pacific

- Companies Covered in This Report -

  • E. I. du Pont de Nemours and Company
  • Toray Industries Inc.
  • Zoltek Companies Inc.
  • Teijin Ltd.
  • Kamenny Vek
  • Koninklijke Ten Cate NV

- Frequently Asked Questions -

The global high performance fibers market is likely to expand at a CAGR of 8.6% through 2032.

The current valuation of the high performance fibers industry is US$ 12 Bn.

Sales of high performance fibers are estimated to reach US$ 27.5 Bn by 2032.

The aerospace and defense industry, with 44.1% share, leads the high performance fibers market.

Google translate