PI Fibers Market
PI Fibers Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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PI Fibers Market Size and Growth
The PI fibers market is witnessing significant growth, driven by increasing demand in aerospace, automotive, and electronics sectors. The market size is projected to reach approximately $1.2 billion by 2028, exhibiting a CAGR of around 9.5%. Key trends include advancements in manufacturing technologies and rising awareness of high-performance materials.
Companies Covered
(Covid 19 Impact Covered)
◍ Evonik Industries
◍ DuPont
◍ Teijin
◍ Liluo
◍ Lirsot
◍ Swicofil
The PI Fibers market features key players like Evonik Industries, DuPont, and Teijin, focusing on product innovation and sustainability. Companies enhance growth through advanced manufacturing, diverse applications, and expanding supply chains. Notable sales revenues include DuPont's $4 billion (2022) and Teijin's $15 billion (2023).
◍ Jiangsu Shino New Materials Technology
◍ Jiangsu Aoshen Hi Material
◍ Changchun Hipolyking
◍ Ningbo Yide fine Chemical
◍ Shandong Xingye Environmental Technology
◍ Jiangsu Jinqiao Salt International Trade
◍ Baoding Sanyuan Textile Technology
◍ Xiamen Meidasi Environmental Protection Industry
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Market Segmentation
By Application
Construction
Power & Utilities
Chemical & Processing
Mining
Others
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By Product
Wet Spinning
Dry Spinning
Market Growth
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$ X Billion USD
