High Performance Fibers Market Size and Forecast Till 2027 High performance fibers possess exceptional physical properties such as high strength, chemical and heat resistance, and more. Being a niche product, high performance fibers are produced in great quantities so as to cater to the demand from end-use industries. High performance fibers have high elongation, fire resistance, and high tension. Carbon fiber, fluoropolymer fiber, polyphenylene sulfide fibers, melamine fibers, and ceramic fibers are some of high performance fiber used in different industries. Due to their various physical properties, high performance fibers find application in building & construction industry, energy, aerospace, defense, marine, automotive, medical & healthcare, and electronics & telecommunications. However, carbon fiber and glass fibers are the most preferred fibers among them. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2955 Market Regional Analysis Asia Pacific is projected to gain the major market share in the global high performance fibers market share over the forecast period. High demand from electronics & telecommunications, aerospace, and textile industries is expected to drive the market growth in the region. Japan, India, South Korea, Taiwan and are expected to lead the market in the region. North America is also expected to witness significant market share, owing to high demand from aerospace and defense sectors in developed economies such as the U.S. Middle East and South America are expected to witness significant growth in the near future. Market Players Major players operating in the global high performance fibers market include Kamenny Vek, Koninklijke Ten Cate NV, Teijin Ltd., Toray Industries Inc., E. I. du Pont de Nemours and Company, and Zoltek Companies Inc. For More Information: http://bit.ly/2mYvYSH About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
Global high performance fibers market size was valued at US$ 10.72 billion in 2016, and is projected to register a CAGR of 8.89% over the forecast period (2019-2027).
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