Press release
High-Temperature Fiber Market 2021 Analysis by Global Manufacturers - Owens Corning, DuPont, Fiberguide Industries, Kolon Industries, Morgan Thermal Ceramics
The Global High-Temperature Fiber Market Report 2021-2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend High-Temperature Fiber data that enhances the understanding, scope, and application of this report. The study includes market share analysis and profiles of players such as Owens Corning, DuPont, Fiberguide Industries, Kolon Industries, Morgan Thermal Ceramics, Laser Components GmbH, Teijin Limited, Toray Industries Inc, Toyobo Co., Ltd, Unifrax Corporation, and others.The market for high-temperature fiber is expected to grow at a CAGR of approximately 6% globally during the forecast period.
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Key Market Trends:
Asia-Pacific Region to Dominate the Market
- Asia-Pacific is expected to dominate the global market owing to the highly developed electronics and automobile sector, coupled with the continuous investments done in the region to advance the industrial sector through the years.
- The demand for electronics has been significantly increasing because of the technological advances in the region. China, Japan, and Taiwan host a large number of electronic manufacturing plants in the region. This is one of the reasons behind the huge demand and increasing production of high-temperature fibers in recent years.
- The growth is also driven by the aerospace sector. Increasing consumption of high-temperature fibers in exterior and interior parts mainly in the commercial and military aircraft.
- Honeywell estimates that nearly 7,700 new aircraft deliveries are projected to be witnessed by 2028 and the Chinese aerospace industry is one of the leading industries in the region. The Chinese government is heavily investing to increase its domestic manufacturing capabilities. This in turn is expected to drive demand for high-temperature fibers from the aerospace sector during the forecast period.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The High-Temperature Fiber Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
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