The
automobile industry is constantly growing in this region with the leading
automakers shifting their facilities and operations in this region.
Additionally, the aerospace & defense industry in this region is growing at
healthy CAGR owing to the huge investment by India and China in space
exploration and domestic air travel. Indian Space Research Organization (ISRO)
has emerged as one of the leading commercial space agencies in the world.
Furthermore, the installation of wind turbine is gaining momentum in this region
due to favorable government policies such as “national offshore wind energy
policy” (NOWEP) and formation of “national institute for wind energy” (NIWE) by
the Indian government. This includes allocation of blocks, facilitating
international investment and coordination among stakeholders to take forward
this source of renewable energy. This, in turn is anticipated to drive demand
of high-performance fiber which is majorly used in making footwear.
The
global High-Performance Fiber Market has been segmented
on the basis of type, application, and region.
Based on type, the
global High-Performance Fiber market has been segregated into carbon fiber, aramid fiber, ceramic fiber, glass fiber,
polybenzimidazole (PBI), polyphenylene sulfide (PPS), PE fiber, and others.
On the basis of
application, the market is categorized into automotive, aerospace
& defense, building & construction, electronics & telecommunication,
energy, textiles, sports & leisure, and others.
Top 10 Key Players:
Ø
PBI Performance Products, Inc.
Ø
Honeywell International Inc.
Ø
AGY
Ø
ZOLTEK Corporation
Ø
Yantai Tayho Advanced Materials Co.,Ltd.
Ø
PHP Fibers GmbH
Ø
Bally Ribbon Mills
Ø
TEIJIN LIMITED
Ø
Mitsubishi Chemical Corporation
Ø
Corning Incorporated
Ø
Solvay
Ø
Kureha Corporation
Ø
The InterTech Group, Inc.
Ø
Binani Industries Ltd.
Ø
Sarla Performance Fibers Limited
Regional Analysis:
Asia-Pacific, North America, Europe,
Latin America, and the Middle East & Africa are the five regions studied
for the High-Performance Fiber Market. Asia-Pacific held largest share of
the global high-performance fiber market in 2017 and is also projected to grow
at the highest CAGR during the forecast period. The market for the
high-performance fiber in this region is witnessing robust growth during review
period on account of the surging demand for the product form the major end-use
industries such automotive, construction, electronics & telecommunication,
and textiles. Additionally, rapid growth of the aerospace and energy sector in
this region is expected to drive the market growth for high-performance fiber
in this region.
North America is closely following
Asia-Pacific and held the second largest market share in 2017. The US is the
largest market in this region due to the significant presence of
well-established end use industries such as aerospace & defense, along with
sports industry.
Europe is another substantial
regional market, wherein the demand for the product from in automobile industry
is increasing at the healthy CAGR. The major contributors to the regional
market France, Germany, UK and Italy. The aerospace and automotive industries
in Europe are the major consumers of the high-performance fiber.
The Middle East & African and
Latin American markets are estimated to grow at a healthy CAGR owing to high
investment potential and robust availability raw.
Intended Audience:
- High-Performance
Fiber Manufacturers
- Traders
and distributors of High-Performance Fiber
- Research
and Development Institutes
- Potential
investors
- Raw
material suppliers
- Nationalized
laboratories
COVID-19 Impact on Self-Healing Materials Market@ https://www.marketresearchfuture.com/report/covid-19-impact-self-healing-materials-market
COVID-19 Impact Analysis on Artificial or Synthetic Leather Market@ https://www.marketresearchfuture.com/report/covid-19-impact-artificial-synthetic-leather-market
No comments:
Post a Comment