DUBLIN--(BUSINESS WIRE )--The "High Performance Fibers Market Size, Share & Trends Analysis Report By Product (PBI, Carbon, Aramid), By Application (Aerospace & Defense, Construction & Building), By Region, And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global high performance fibers market size is expected to reach USD 25.32 billion by 2030
High strength to weight ratio coupled with rigidity offered to the aerospace and automotive components by these fibers is projected to drive the market. Technologically, the key factor is the level of fiber properties that can be controlled in this product through modifications in polymer composition, the molecular weight of the polymer, ingredients choice, and method of fiber formation.
However, from the business point of view, the critical factors are high manufacturing costs, initial investment, and limited monomer supply. The drive to increase fuel efficiency and aerodynamics performance of aircraft is encouraging the manufacturers to replace traditional metal alloys with composite materials in the manufacturing of primary and secondary parts of aircraft.
Also, the incorporation of these fibers in aerospace components offers excellent flexibility and damage resistance to the same. Strong regulations imposed by the various government bodies to reduce CO2 emissions are also among the key factors responsible for the high usage of lightweight materials in aerospace and automotive applications.
These regulations are forcing OEMs to seek for alternatives to reduce emissions and increase fuel efficiency. The economic viability of ultra-high-performance fiber-reinforced concrete in pre-stressed concrete wind towers and other commercial buildings is being tested.
The carbon-reinforced composites are also being made technologically advanced with the view of making them economically viable, which would result in reduced production cost and increased profit margin.
High Performance Fibers Market Report Highlights
1.5. Market Formulation & Data Visualization
Chapter 3. High Performance Fibers Market Variables, Trends & Scope
3.2. Market Penetration & Growth Prospect Mapping
3.7. Business Environment Analysis: High Performance Fibers Market
3.7.1. Industry Analysis - Porter's Five Forces
Chapter 4. High Performance Fibers Market: Product Estimates & Trend Analysis
4.1. High Performance Fibers Market: Product Movement Analysis, 2021 & 2030
4.2. Market Size & Forecasts and Trend Analysis, 2017 to 2030 for the Following
4.2.1.1. Carbon Fiber Market Estimates and Forecasts, 2017 - 2030 (Kiloton) (Usd Million)
Chapter 5. High Performance Fibers Market: Application Estimates & Trend Analysis
5.1. High Performance Fiber Market: Application Movement Analysis, 2021 & 2030
5.2. Market Size & Forecasts and Trend Analysis, 2017 to 2030 for the Following
5.2.1.1. High Performance Fibers Market Estimates and Forecasts, by Electronics & Telecommunication Applications, 2017 - 2030 (Kiloton) (USD Million)
Chapter 6. High Performance Fibers Market: Regional Estimates & Trend Analysis
6.1. High Performance Fibers Market: Regional Movement Analysis, 2021 & 2030
6.2. Market Size & Forecasts and Trend Analyses, 2017 to 2030
Chapter 7. High Performance Fibers Market: Competitive Analysis
7.1. Key Global Players, Their Initiatives, & Their Impact on the Market
For more information about this report visit https://www.researchandmarkets.com/r/7h7tf2
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900