Asia Pacific High Performance Fibers Market By Product (Carbon Fiber, Aramid Fiber, Polybenzoxazole (PBO), Polybenzimidazole (PBI), M5/PIPD, Glass Fiber, High Strength Polyethylene and Others) By Application (Aerospace & Defense, Textile, Sporting Goods, Construction & Building, Electronics & Telecommunication, Automotive and Others) By Country, Industry Analysis and Forecast, 2019 - 2025
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Market Report Description
The Asia Pacific High Performance Fibers Market would witness market growth of 11.2% CAGR during the forecast period (2019-2025). High-performance fibers are fabricated for specialized use as needed in a variety of applications.
Such fibers are distinguished by chemical resistance, electrical conductivity, tear resistance, robustness and also an outstanding weight-to-strength ratio. There is an increasing demand for high-performance fibers for applications like filtration, non-woven, construction & infrastructure, telecommunications, sporting goods, alternative energy, automotive, medical and aerospace & defense. High-performance fibers, used for fabric applications, range from bulletproof vests to trampolines. These fibers must have a specific number of chemical and physical bonds for the transfer of stress along the fiber. To restrict their deformation, the fibers should have high stiffness and strength. Stiffness is caused by the degree to which the chemical bonds are positioned along the fiber axis.
In fiber-reinforced composite materials, the fibers play the role of load-bearing element in the structure, and they have to adhere properly to the matrix material. According to the specifications of the respective application, high-performance fibers offer special properties. Such specifications include properties such as high voltage, high elongation, and high resistance to heat and fire as well as other environmental attacks. They are usually niche products, but some of them are manufactured in large quantities.
Based on Product, the market is segmented into Carbon Fiber, Aramid Fiber, Polybenzoxazole (PBO), Polybenzimidazole (PBI), M5/PIPD, Glass Fiber, High Strength Polyethylene and Others. Based on Application, the market is segmented into Aerospace & Defense, Textile, Sporting Goods, Construction & Building, Electronics & Telecommunication, Automotive and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Toray Industries, Inc., Teijin Limited, Honeywell International, Inc., Mitsubishi Chemical Holdings Corporation, Koninklijke DSM N.V., Toyobo Co., Ltd., Bally Ribbon Mills, Binani Industries Limited, Sarla Performance Fibers Limited, and Sinopec Limited.
Scope of the High Performance Fibers Market Analysis
- Carbon Fiber
- Aramid Fiber
- Polybenzoxazole (PBO)
- Polybenzimidazole (PBI)
- Glass Fiber
- High Strength Polyethylene
- Aerospace & Defense
- Sporting Goods
- Construction & Building
- Electronics & Telecommunication
- South Korea
- Rest of Asia Pacific
- Toray Industries, Inc.
- Teijin Limited
- Honeywell International, Inc.
- Mitsubishi Chemical Holdings Corporation
- Koninklijke DSM N.V.
- Toyobo Co., Ltd.
- Bally Ribbon Mills
- Binani Industries Limited
- Sarla Performance Fibers Limited
- Sinopec Limited
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