Oxidized PAN Fiber Market Share Driven by Fire-Resistant Materials Demand and Transportation Safety Standards | Valuates Reports

Oxidized PAN Fiber Market
Oxidized polyacrylonitrile (OPAN) fiber, such as ZOLTEKTM OX, is manufactured from a polyacrylonitrile precursor fiber (PAN). The PAN precursor fiber is solution spun and processed through a high temperature air oven to stabilize its molecular structure. After stabilization is complete, a fiber finish is applied to the OPAN fiber tow and pleated into boxes. The OX tow can be further processed, through a crimping and cutting process to make staple fiber, which is baled for shipment.
The global Oxidized PAN Fiber market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

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The oxidized PAN (polyacrylonitrile) fiber market is witnessing sustained growth as demand rises for flame-resistant and thermally stable materials across transportation and industrial sectors. Market size is being influenced by strict fire safety regulations and the increasing integration of high-performance, non-combustible materials in applications where passenger and asset protection are critical. Current market trends indicate growing interest in oxidized PAN fiber due to its excellent Limiting Oxygen Index (LOI), low smoke emission, and superior thermal insulation, making it ideal for safety-focused industries.

Among the different grades, oxidized PAN fibers with an LOI range of 51%-55% currently hold the largest market share due to their optimal balance of flame retardancy and mechanical performance. These fibers are widely adopted in transport interiors, thermal insulation layers, and structural composites. The LOI 56%-60% segment is showing the fastest market growth, driven by its enhanced flame resistance, making it increasingly attractive for aircraft, marine, and other high-risk environments. Lower LOI grades and specialized formulations also serve niche applications where moderate thermal protection suffices.

By application, the automobile segment accounts for the largest market share, as automotive manufacturers adopt oxidized PAN fibers for thermal barriers, interior insulation, and soundproofing components. Meanwhile, the aircraft segment is experiencing the fastest growth, fueled by stringent aviation fire safety standards and the need for lightweight, non-flammable materials in cabin and engine components. Other key applications include railway interiors, marine vessels, elevators, and industrial safety systems, where performance and compliance are equally critical.

Overall market growth is being supported by rising awareness of fire hazards, improvements in fiber processing technologies, and the growing demand for lightweight fireproof materials across transport systems. The market forecast is expected to benefit from expanding regulations, sustainability initiatives, and material innovation in high-performance textiles. As global industries prioritize safety and durability, oxidized PAN fiber is set to play an increasingly vital role in next-generation fire-resistant solutions.

Segment by Type

• LOI 45%-50%
• LOI 51%-55%
• LOI 56%-60%
• Others

Segment by Application

• Automobile
• Railway
• Ship
• Elevator
• Aircraft
• Others

By Company

Toray, SGL Carbon, Teijin Carbon, YF International, Mitsubishi Chemical Carbon Fiber and Composites, Inc

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