Press release
High Performance Fibers Market to Observe Strong Development by 2021
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In 2013, Asia Pacific had the highest demand for high performance fibers market. Asia Pacific is also anticipated to be the fastest growing markets for high performance fibers due to increasing demand from aerospace, electronics & communication and textiles among others. China led the demand for high performance fibers in Asia Pacific region. India, Taiwan, Japan and South Korea are likely to exhibit higher demand for high performance fibers over the forecast period. Asia Pacific was followed by North America. Huge demand from defense & military and aerospace industry has been driving the market for high performance fibers in this region. In 2013, U.S. exhibited the highest demand for high performance fibers in North America. Europe had the third-largest demand for high performance fibers market in 2013. Rising demand for high performance fibers from defense & military industry has been driving the market for high performance fibers in Europe. Germany, Italy, the UK are one of the largest consumers of high performance fibers in this region. Rest of the World market is anticipated to show stable demand for the high performance fibers market in near future. Latin America and the Middle East are projected to show encouraging signs for the high performance fibers market in upcoming years.
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Some of the key manufacturers in the high performance fibers market are E. I. du Pont de Nemours and Company, Toray Industries Inc., Zoltek Companies Inc., Teijin Ltd., Kamenny Vek and Koninklijke Ten Cate nv among several others.
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