Global High Temperature Fiber Market Report 2021: Wind Installations and Increased Investment in Military Spending Among Growth-Driving Countries

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DUBLIN, August 13, 2021 / PRNewswire / – The “High temperature fibers: world markets until 2030” report was added to ResearchAndMarkets.com offer.

The global high temperature fiber market is expected to reach $ 14.6 billion by 2030 from $ 7.8 billion in 2021 at a compound annual growth rate (CAGR) of 7.2% for the forecast period 2021 to 2030.

The high temperature fiber market is made up of three main fibers: aramid fiber, carbon fiber and ceramic fiber. These fibers are widely used in the security and defense, aerospace, automotive and wind power industries to produce components capable of withstanding extreme temperatures and harsh environments while being lightweight and without compromising strength and quality.

According to the Global Wind Energy Council (GWEC), the wind power plant has grown globally in 2020, with double-digit growth of more than 10% by 2030 thanks to high temperature fiber. The 5G industry is expected to grow at a double-digit growth rate over the next two years, due to the increase in remote working and education. In addition to this, the COVID-19 pandemic has also shaken the use of laptops and mobiles. This has increased the use of high temperature fibers used in optical cables and PCBs.

Despite the negative effect of COVID-19 on industries, countries around the world have increased their defense budgets and military spending. Several nations are in the race to become superpowers and nuclear powers due to the use of these materials which can tolerate temperature and impact and are light on vehicles and armor, creating a huge demand in this industry.

The auto industry is moving towards electric vehicles, driverless cars, high speed cars and fuel efficient cars. There is a demand for high temperature fibers in this industry to produce highly efficient components.

In 2020, the aerospace and automotive industry was severely hampered by the shutdown of manufacturing facilities and production halt due to COVID-19. This has had a negative impact on growth rates in several countries. Production is still at a slow pace. Companies try to destock rather than produce new stock.

Global markets are presented with the size of high temperature fiber segments, along with growth forecasts to 2030. Sales value estimates are based on price in the supply chain. The driving forces of the market and the structure of the industry are examined. International aspects are analyzed for all regions of the world and all types of high temperature fibers. The profiles of the main global manufacturers are presented.

The report includes:

  • The aramid fiber segment of the global high temperature fiber market is expected to grow by $ 3.5 billion in 2021 to $ 7.2 billion in 2030 at a CAGR of 8.2% for the forecast period 2021 to 2030.
  • The carbon fiber segment of the global high temperature fiber market is expected to grow from $ 2.5 billion in 2021 to $ 4.4 billion in 2030 at a CAGR of 6.5% for the forecast period 2021 to 2030.
  • Market size estimation and analysis of global market trends both in terms of volume and value, with data for 2020, estimates for 2021, 2026 and projections of compound annual growth rates (CAGR) up to in 2030
  • A detailed description of the unique properties of high temperature fibers, such as high thermal resistance, low density, excellent electrical insulation and high strength load-bearing capacity, and coverage of the manufacturing process of high temperature fibers
  • Quantification of High Temperature Fiber Market Based on Region, Fiber Type and Application
  • Analysis of market drivers, restraints, and other forces impacting the global market and assessment of the current market size and forecast, along with technological advancements within the industry
  • Analysis of the market shares of key companies in the sector and coverage of their proprietary technologies, strategic alliances and other key market strategies

Main topics covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Trends

  • Conductors
  • Wind turbines
  • Increase investment in military spending between countries
  • Constraints
  • Reduce deliveries of commercial aircraft
  • Challenges
  • Advanced production process
  • Slow production rate
  • High price of high temperature fiber
  • Opportunities
  • Growing use of carbon fiber in electric vehicles

Chapter 4 Global High Temperature Fiber Market

Chapter 5 Global High Temperature Fiber Market by Regions

  • Global High Temperature Fiber Market
  • North America
  • United States
  • Canada
  • Europe
  • Germany
  • France
  • Russia
  • Italy
  • UK
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Middle East and Africa

Chapter 6 Global Aramid Fiber Market

  • introduction
  • Global Aramid Fiber Market By Application
  • Aramid fiber market by region
  • Security and protection
  • Aerospace
  • Automotive
  • Electronics and Electricity

Chapter 7 Global Carbon Fiber Market

  • introduction
  • Carbon Fiber Market by Application
  • Carbon fiber market by region
  • Aerospace
  • Automotive
  • Wind energy

Chapter 8 Global Ceramic Fiber Market

  • introduction
  • Ceramic Fiber Market by Application
  • Ceramic Fiber Market by Region
  • Refining and petrochemicals
  • Refining and Petrochemical Applications Market by Region
  • Iron and steel
  • Energy production
  • Aluminum
  • Basalt fiber
  • Construction
  • Transport
  • Industrial
  • Other applications

Chapter 9 Company Profiles

  • Cytec Solvay
  • EI Du Pont De Nemours
  • Hexcel Corp.
  • Luyang Energy Saving Materials Co., Ltd.
  • Morgan Advanced Materials Plc
  • Carbon Sgl
  • Teijin Aramid
  • Toray Industries Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/7co6y6

Media contact:

Research and markets
Laura Wood, senior
[email protected]

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SOURCE Research and Markets

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