High Performance Fiber Market to Grow at 9.2% CAGR During 2016 - 2021

Stratview Research announces the launch of a new research report on High Performance Fiber Market This extensive report from Stratview Research, studies the High Performance Fiber Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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This High Performance Fiber Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.

• by Fiber Type
• (Aramid Fiber
Meta Aramid
Para Aramid
• Carbon Fiber
PAN based Carbon Fiber
Pitch based Carbon Fiber
• Glass fiber
• Polybenzimidazole (PBI) Fiber
• High-Strength PE Fiber
• Polyphenylene sulfide (PPS) Fiber
• Others High Performance Fiber) – Aerospace and Defense to remain the most dominant sector.
• by End Use Industry
• (Aerospace and Defense
Commercial Aircraft
Regional Aircraft
General Aviation
Helicopter
Military
Others
• Sporting Goods
Golf Shaft
Fishing Rods
Skis and Snowboard
Others
• Automotive
Pressure vessel
Monocoque / Passenger Cell
Body Closures
Others
• Medical
Table for CT Scan and MRI Scan
Prosthetic Devices
Others
• Wind Energy
Blades
Others
• Oil & Gas
• Bulk Storage
• Others
• Building and Construction
• Electrical and Electronics
• Non-Woven
• Filtration
• Others) – Tooling to remain most dominant application
• by Usage (Polymer Composites and Non Polymer Composites)-
• by Sales Channel (Direct Sales, and Distributors) – Out of Autoclave to witness healthy growth.
• and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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High Performance Fiber Market: Insights
The demand of lightweight products at superior strength is the core requirement in the high performance industries, such as aerospace and defense. Similarly, the strict government regulations in the automotive industry, such as CAFÉ standard are putting pressure on OEMs to curb the overall vehicle weight to achieve high fuel efficiency and reduce carbon emission. These are some of the factors compelling OEMs to develop products leveraging high performance fibers in the structural applications, such as aircraft fuselage & wings, automotive monocoque, wind blades, and ballistic armor. High performance fibers include carbon fiber (PAN and Pitch), aramid fiber (Meta and Para), S-glass fiber, Polybenzimidazole (PBI) Fiber, High-Strength PE Fiber, Boron fiber, and Polyphenylene sulfide (PPS) Fiber.

The high performance fiber market offers a healthy growth opportunity and is likely to grow at a 9.2% CAGR during the forecast period of 2016 to 2021. Carbon fiber is likely to drive the global high performance fibers market mainly driven by increasing penetration in the automotive, aerospace & defense, and wind energy segments. High impact resistance, high specific strength and modulus, excellent corrosion resistance and fatigue resistance are the major drivers of high performance fibers market.

Aerospace and defense is expected to remain dominant and one of the fastest growing segments in the high performance fibers market during the forecast period. North America is expected to remain the largest market for high performance fibers during the forecast period.

The supply chain of this market comprises raw material manufacturers, fiber manufacturers, distributors, part fabricators, and OEMs. Some of part fabricators are GKN Aerospace, Spirit Aerosystem, Tecsis, Mubea Carbo Tech, and Hexagon composites and key OEMs are Airbus, Boeing, Northrup Grumman, Bombardier, Vestas, General Motors, BMW, and Ford.

The key high performance fiber manufactures are Toray Industries, Teijin Industries, DuPont, Royal DSM, AGY Holdings, Owens Corning, and 3B Fiberglass. New product development, new optimized manufacturing process development, collaboration with customers, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
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