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Global High Performance Fiber Market by Latest Trend, Share Analysis, Growth, Application, Regional Outlook and Forecast to 2024
Global High Performance Fiber Market
Data Bridge Market Research provides new industry report "Global High Performance Fiber Market" accounted for USD 10.8 billion in 2016 and is projected to grow at a CAGR of 9.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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High-performance fibers are designed for specialized use, based on the requirement of specific applications. These fibers are credited with exceptional weight to strength ratio, robustness, resistance to tear, electrical conductivity, and also chemical resistance.
Market Segmentation:
The high performance fiber market is segmented on the basis of type into hindered amine light stabilizers (HALS), UV absorber and quenchers.
On the basis of application, the market is segmented into floor coating, decking, automotive coating, furniture coating, and adhesives & sealants.
On the basis of geography, the high performance fiber market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
Read more about Report Visit @ http://databridgemarketresearch.com/reports/global-high-performance-fiber-market/
Competitive Analysis:
The global high performance fiber market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Drivers and Restraints:
• Demand for lightweight and fuel efficient materials
• Demand in renewable energy market
• Rising demand for greater safety & security
• Demand in transportation industry
Major Market Competitors:
Some of the major players in high performance fiber market include AGY Holding Corp., Bally Ribbon Mills, Beijing Tongyizhong Specialty Fiber Technology & Development Co. Ltd., Braj Binani Group (3B-the Fiberglass Company), Cytec Solvay Group, W. L. Gore & Associates Inc., Yantai Tayho Advanced Materials, Zhongfu Shenying Carbon Fiber, and many more.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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