High-Performance Fiber Market
High-Performance Fiber Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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High-Performance Fiber Market Size and Growth
The global High-Performance Fiber market is expected to reach a value of $16.8 billion by 2026, with a CAGR of 9.2% during the forecast period. This growth is driven by increasing demand for lightweight and high-strength materials in industries such as aerospace, defense, and automotive. Major players in the market include Teijin Limited, Honeywell International Inc., and DuPont.
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Companies Covered (Covid 19 Impact Covered)
◍ Teijin. (Japan)
◍ DuPont (US)
◍ Yantai Tayho Advanced Materials(China)
◍ Cytec Industries (US)
◍ Mitsubishi Rayon(Japan)
◍ Owens Corning (US)
◍ PBI Performance Products, (US)
◍ Koninklijke Ten Cate NV (Netherlands)
◍ Kureha Corporation (Japan)
◍ Toray Industries, (Japan)
The high-performance fiber market is highly competitive with key players such as Teijin, DuPont, Yantai Tayho Advanced Materials, Cytec Industries, Mitsubishi Rayon, Owens Corning, PBI Performance Products, TenCate, Kureha Corporation, and Toray Industries. These companies utilize high-performance fibers in various applications such as aerospace, automotive, and protective clothing to drive market growth.
- Teijin: Sales revenue of $8.6 billion
- DuPont: Sales revenue of $21.5 billion
- Mitsubishi Rayon: Sales revenue of $13.9 billion
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Market Segmentation
By Application
Electronics & Communication
Textile
Aerospace & Defense ◍ Automotive
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By Product
Carbon Fiber
Aramid
PBI
PPS
Glass Fiber
Ceramics
Market Growth
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$ X Billion USD
