High Performance Fibers Market Size, Share & Trends Analysis Report By Product (Carbon, Aramid, Glass), By Application (Electronics & Communication, Automobile, Aerospace), And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 124 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global high performance fibers market size is expected to reach USD 29.80 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 8.8% during the forecast period. Increasing technology integration across various industry verticals coupled with rising demand for new and improved filaments in the automotive and medical sectors is expected to boost the product demand over the forecast period.

Utilization of glass strands in combination with other electrical and optical components represents the core part of internet infrastructure. Furthermore, innovations such as fiber cementitious reinforced composite provide improved mechanical strength and durability; flame resistant products for protective apparel, automotive components, and filtration applications is expected to boost the product demand.

The properties of high performance fibers, such as wear and tear resistance coupled with excellent electrical conductivity is projected to boost its demand in electronics and communication industry. In addition, other attributes of the product including high elongation, fire resistance, and improved insulation are anticipated to augment its demand in various industrial applications.

Market players engage in mergers and acquisitions as well as capacity expansion strategies to strengthen their position in the competitive market. However, volatile prices of raw materials, such as resins, polyesters, and rubber is anticipated to hamper the demand for high performance fibers over the forecast period.

Further key findings from the report suggest:

• Glass fibers accounted for 39.6% of market share in 2017 in terms of revenue on account of the application of the product as support materials in non-aerospace applications as a substitute for heavy metals

• Product consumption in automobiles is expected to register a CAGR of 10.1% in terms of volume from 2018 to 2025 owing to increased demand for carbon fibers due to their ability to replace steel, thereby reducing the vehicle weight

• The high demand from Asia Pacific is attributed to the availability of large and diverse fiber optics coupled with growing carbon fiber industry and increasing applications mainly led by China and Japan

• Europe is expected to witness a CAGR of 9.7% in terms of revenue over the forecast period on account of the reduction in the cost and weight of the products along with increased industrial demand from Western European countries

• Major players in the high performance fibers market focus on improving their sales through new product development and competitive pricing to obtain a significant market share.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research Methodology
                    1.2. Research Scope & Assumptions
                    1.3. List of Data Sources

Chapter 2. Executive Summary
                    2.1. High performance fibers: Industry snapshot

Chapter 3. High Performance Fibers Market Variables, Trends, and Scope
                    3.1. High performance fibers - Market segmentation
                    3.2. High performance fibers - Market size and growth prospects, 2014 - 2025
                    3.3. High performance fibers - Value chain analysis
                    3.4. High performance fibers - Market dynamics
                         3.4.1. Market driver analysis
                              3.4.1.1. Product innovation fueling the market growth
                              3.4.1.2. Industry specific fiber demands pushing the market to grow faster
                         3.4.2. Market restraint analysis
                              3.4.2.1. High cost of production of carbon fibers limits their use in premium products
                              3.4.2.2. High raw material cost
                    3.5. High performance fibers market - Porter's analysis
                    3.6. High performance fibers market - PESTEL analysis

Chapter 4. High Performance Fibers Market: Product Estimates & Trend Analysis
                    4.1. High Performance Fibers Market: Product Movement Analysis, 2017 & 2025
                    4.2. High performance fibers market estimates & forecasts, by product, 2014 - 2025 (Thousand Tons) (USD Million)
                         4.2.1. Carbon Fibers
                              4.2.1.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         4.2.2. Aramid Fibers
                              4.2.2.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         4.2.3. Ceramic Fibers
                              4.2.3.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD million)
                         4.2.4. Glass Fibers
                              4.2.4.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         4.2.5. Others
                              4.2.5.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)

Chapter 5. High Performance Fibers Market: Application Estimates & Trend Analysis
                    5.1. High Performance Fibers Market: Application Movement Analysis, 2017 & 2025
                    5.2. Market size forecasts and trend analysis by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.1. Electronics & Communications
                              5.2.1.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.2. Automobile
                              5.2.2.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.3. Aerospace
                              5.2.3.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.4. Marine
                              5.2.4.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.5. Medical
                              5.2.5.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.6. Sporting goods
                              5.2.6.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         5.2.7. Others
                              5.2.7.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)

Chapter 6. High Performance Fibers Market: Regional Estimates & Trend Analysis
                    6.1. High Performance Fibers Market: Regional movement analysis, 2017 & 2025
                    6.2. North America
                         6.2.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.2.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.2.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.2.4. U.S.
                              6.2.4.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.2.4.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.2.4.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                    6.3. Europe
                         6.3.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.3.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.3.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.3.4. Germany
                              6.3.4.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.3.4.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.3.4.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.3.5. France
                              6.3.5.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.3.5.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.3.5.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.3.6. U.K.
                              6.3.6.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.3.6.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.3.6.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                    6.4. Asia Pacific
                         6.4.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.4.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.4.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.4.4. China
                              6.4.4.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.4.4.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.4.4.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.4.5. Japan
                              6.4.5.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.4.5.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.4.5.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.4.6. South Korea
                              6.4.6.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.4.6.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                              6.4.6.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                    6.5. Middle East & Africa (MEA)
                         6.5.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.5.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.5.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)
                    6.6. Central & South America (CSA)
                         6.6.1. Market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.6.2. Market estimates & forecast by product, 2014 - 2025 (Thousand Tons) (USD Million)
                         6.6.3. Market estimates & forecast by application, 2014 - 2025 (Thousand Tons) (USD Million)

Chapter 7. Competitive Landscape
                    7.1. High performance fibers market: Competitive heat map analysis
                    7.2. Vendor landscape
                    7.3. Competitive environment
                         7.3.1. Company market positioning
                         7.3.2. Strategy framework

Chapter 8. Company Profiles
                    8.1. Teijin Limited
                         8.1.1. Company overview
                         8.1.2. Financial performance
                         8.1.3. Product benchmarking
                         8.1.4. Strategic initiatives
                    8.2. E. I. du Pont de Nemours and Company
                         8.2.1. Company overview
                         8.2.2. Financial performance
                         8.2.3. Product benchmarking
                         8.2.4. Strategic initiatives
                    8.3. Royal DSM
                         8.3.1. Company overview
                         8.3.2. Financial performance
                         8.3.3. Product benchmarking
                    8.4. Toray Industries, Inc.
                         8.4.1. Company overview
                         8.4.2. Financial performance
                         8.4.3. Product benchmarking
                         8.4.4. Strategic initiatives
                    8.5. Honeywell International, Inc.
                         8.5.1. Company overview
                         8.5.2. Financial performance
                         8.5.3. Product benchmarking
                    8.6. Mitsubishi Rayon Co., Ltd.
                         8.6.1. Company overview
                         8.6.2. Financial performance
                         8.6.3. Product benchmarking
                         8.6.4. Strategic initiatives
                    8.7. Zoltek Companies, Inc.
                         8.7.1. Company overview
                         8.7.2. Financial performance
                         8.7.3. Product benchmarking
                         8.7.4. Strategic initiatives
                    8.8. Cytec Solvay Group
                         8.8.1. Company overview
                         8.8.2. Financial performance
                         8.8.3. Product benchmarking
                    8.9. Morgan Advanced Materials
                         8.9.1. Company overview
                         8.9.2. Financial performance
                         8.9.3. Product benchmarking
                    8.10. Braj Binani Group
                         8.10.1. Company overview
                         8.10.2. Financial performance
                         8.10.3. Product benchmarking
                         8.10.4. Strategic initiatives

List of Tables

TABLE 1 High performance fibers - Key market drivers impact
TABLE 2 Differences between commodity fibers and high performance fibers
TABLE 3 High performance fibers - Key market restraints impact
TABLE 4 High performance fibers market volume estimates & forecasts, by product, 2014 - 2025 (Thousand Tons)
TABLE 5 High performance fibers market revenue estimates & forecasts, by product, 2014 - 2025 (USD Million)
TABLE 6 Carbon fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 7 Aramid Fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 8 Ceramic Fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 9 Glass Fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 10 Others market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 11 High performance fibers market revenue estimates & forecast by application, 2014 - 2025 (Thousand Tons)
TABLE 12 High performance fibers market revenue estimates & forecast by application, 2014 - 2025 (USD Million)
TABLE 13 Electronics & communications market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 14 Automobile market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 15 Aerospace market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 16 Marine market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 17 Medical market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 18 Sporting goods market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 19 Others market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 20 High performance fibers volume estimates & forecast by region, 2014 - 2025 (Thousand Tons)
TABLE 21 High performance fibers revenue estimates & forecast by region, 2014 - 2025 (USD Million)
TABLE 22 North America high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 23 North America high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 24 North America high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 25 North America high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 26 North America high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 27 U.S. high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 28 U.S. high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 29 U.S. high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 30 U.S. high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 31 U.S. high performance fiber market revenue by application, 2014 - 2025 (Thousand Tons)
TABLE 32 Europe high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 33 Europe high performance fiber market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 34 Europe high performance fibers market revenue by product, 2014 - 2025 (USD million)
TABLE 35 Europe high performance fibers market revenue by application, 2014 - 2025 (Thousand Tons)
TABLE 36 Europe high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 37 Germany high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 38 Germany high performance fibers market revenue by product, 2014 - 2025 (Thousand Tons)
TABLE 39 Germany high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 40 Germany high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 41 Germany high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 42 France high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 43 France high performance fibers market revenue by product, 2014 - 2025 (Thousand Tons)
TABLE 44 France high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 45 France high performance fibers market revenue by application, 2014 - 2025 (Thousand Tons)
TABLE 46 France high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 47 U.K. high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 48 U.K. high performance fibers market revenue by product, 2014 - 2025 (Thousand Tons)
TABLE 49 U.K. high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 50 U.K. high performance fibers market revenue by application, 2014 - 2025 (Thousand Tons)
TABLE 51 U.K. high performance fibers market revenue by application, 2014 - 2025 (Thousand Tons)
TABLE 52 Asia Pacific high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 53 Asia Pacific high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 54 Asia Pacific high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 55 Asia Pacific high performance fibers market revenue by application, 2014 - 2025 (Thousand Tons)
TABLE 56 Asia Pacific high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 57 China high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 58 China high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 59 China high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 60 China high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 61 China high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 62 Japan high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 63 Japan high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 64 Japan high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 65 Japan high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 66 Japan high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 67 South Korea high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 68 South Korea high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 69 South Korea high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 70 South Korea high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 71 South Korea high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 72 MEA high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 73 MEA high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 74 MEA high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 75 MEA high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 76 MEA high performance fibers market revenue by application, 2014 - 2025 (USD Million)
TABLE 77 CSA high performance fibers market estimates & forecast, 2014 - 2025 (Thousand Tons) (USD Million)
TABLE 78 CSA high performance fibers market volume by product, 2014 - 2025 (Thousand Tons)
TABLE 79 CSA high performance fibers market revenue by product, 2014 - 2025 (USD Million)
TABLE 80 CSA high performance fibers market volume by application, 2014 - 2025 (Thousand Tons)
TABLE 81 CSA high performance fibers market revenue by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 High performance fibers market volume share, 2017 (Thousand Tons)
FIG. 2 High performance fibers: Industry Snapshot
FIG. 3 High performance fibers: Market segmentation
FIG. 4 High performance fibers: Market size and growth prospects, 2014 - 2025
FIG. 5 High performance fibers: Value chain analysis
FIG. 6 High performance fibers: Market dynamics
FIG. 7 Price per kg of various materials in comparison with carbon fiber
FIG. 8 Approximate global carbon fiber consumption in various industries
FIG. 9 Carbon fiber cost and consumption forecast, 2012-2020
FIG. 10 High performance fibers market: Porter's analysis
FIG. 11 High performance fibers market: PESTEL analysis
FIG. 12 High performance fibers market volume, by product, 2017 & 2025 (Thousand Tons)
FIG. 13 Global carbon fibers revenue, by product, 2017 (%)
FIG. 14 High performance market volume, by application, 2017 & 2025 (Thousand Tons)
FIG. 15 Cost of carbon fibers vs glass fibers
FIG. 16 CRF fatigue cycles
FIG. 17 High performance fibers market share, by region, 2017 & 2025 (Thousand Tons)
FIG. 18 High performance fibers revenue growth rate, by region, 2017 to 2025
FIG. 19 Carbon fiber use in the automotive market (2010 - 2020)
FIG. 20 U.S demand for fiber composites, 2015
FIG. 21 High performance fibers vs other materials
FIG. 22 Global Fiber optic connector share, by region.
FIG. 23 Growth of concrete fiber market
FIG. 24 Competitive strategy adopted by leading players