Global High-Temperature Fiber Market

[Aarti Ghodke]

Global High-Temperature Fiber Market was valued at US$ 199.3 Mn in 2019 and is expected to reach US$ 416.5 Mn by 2027, at a CAGR of 10.14 % during the forecast period.

 

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global High-Temperature Fiber Market

 

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Global High-Temperature Fiber Market Dynamics:

 

High-temperature fibers are extensively used in several high-temperature applications like aerospace, automotive, and others. The demand for this fiber is expected to boost in the near future because of the significant request for heat and fire-resistant fibers in many end-user applications. Companies involved in the Global High-Temperature Fiber Market are chiefly investing in emerging countries to tap the unexplored market. However, the high cost of production is posing a challenge to the market leaders, which leads to the slow growth of the market.

 

Political uncertainties having a negative impact on the global industrial manufacturing capacity can be viewed as a major factor restraining the growth of the global high-temperature fiber market. Over the recent years, issues like the trade war and protectionism have dented industrial production globally, particularly in emerging economies. The prospect of the potential slowdown in industrial activities has halted the development plans of many product manufacturers.

Segment analysis of the Global High-Temperature Fiber Market:

 

Based on the application segment, the industrial sector is estimated to hold the largest market share during the forecast period. Security & protection and automotive application of high-temperature fibers are estimated to be the driving force to the growth of the Global High-Temperature Fiber Market. Increasing industrial development and the rise in conflicts, which leads to increased military spending are the main factors driving the growth of the market. The high cost of production and high cost of raw material are the major restraints inhibiting the growth of the market.

Regional Insights of the Global High-Temperature Fiber Market:

 

In terms of region, Asia-Pacific is expected to hold the largest market share during the forecast period. The growing use of high-temperature fiber in electrical and automotive, electronics, and security & protection contributes to the Global High-Temperature Fiber Market growth in the Asia-Pacific region. China is the top consumer of the global high-temperature fiber market. The shift in production activities from developed countries to low-cost Asian states results in the rise of foreign investments in this region which influences the market growth in a positive way. Favorable growth in the aerospace industry and stable economic growth in

Europe have contributed to the growth of the Global High-Temperature Fiber Market.

 

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding High-Temperature Fiber Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.

Global High Temperature Fiber Market, Key Highlights:

 

• Global High Temperature Fiber Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global High Temperature Fiber Market
• Global High Temperature Fiber Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global High Temperature Fiber Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global High Temperature Fiber Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global High Temperature Fiber Market are also profiled.

Scope of the Global High-Temperature Fiber Market: Inquire before buying

 

Global High-Temperature Fiber Market, by Fiber type

 

• Aramid
• Ceramic
• Other Fibers

Global High-Temperature Fiber Market, by Application

 

• Security & Protection
• Automotive
• Aerospace
• Industrial
• Electrical & Electronics
• Other Applications

Global High-Temperature Fiber Market, by Region

 

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Key Players Operating in the Global High-Temperature Fiber Market:

 

• E. I. Du Pont De Nemours and Company
• Teijin Limited
• Toray Industries Inc.
• Royal Tencate N.V.
• Morgan Thermal Ceramic
• Toyobo Co., Ltd.
• Kolon Industries Inc.
• Unifrax Corporation
• Yantai Tayho Advanced Materials Co., Ltd.
• Kamenny Vek.an JIUKE High temperature Fiber Co., ltd.
• DuPont
• Wuhan JIUKE High temperature Fiber Co., ltd.
• Morgan Thermal Ceramics
• Teijin Limited

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