Europe 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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The Europe High Performance Fibers Market would witness market growth of 10.2% CAGR during the forecast period (2019-2025). Carbon fiber is one of the most significant high-performance fibers for both military & aerospace applications. Carbon fiber is built for strength and stiffness, however, variations differ in electrical conductivity, thermal, and chemical properties.
The main factors governing physical properties are the degree of carbonization (or carbon content, typically greater than 92% by weight), the position of the carbon layers, and the magnitude of crystallization. Commercial carbon fibers are produced by the extrusion of certain organic precursor material into filaments. This extrusion process is followed by a method of carbonization to turn the filaments into carbon. Various precursors and carbonization processes are used on the basis of the desired properties of the product. Precursor fibers may be specially purified rayon, pitch, or acrylic. Precursor fiber can also be transformed into a fabric material, which is then carbonized to create the final product.
In recent years, high-performance organic fibers have also become extremely essential. Aramids are one of the best-known high-performance, synthetic, and organic fibers. Aramids, closely related to nylons, are polyamides that have been derived from aromatic acids and amines. Due to the stability of the aromatic rings and the increased strength of the amide bonds, aramids show higher tensile strength and thermal resistance as compared to aliphatic polyamides (nylons).
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Rest of Europe
- 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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