Global Specialty Fibers Market Analysis, Trends and Opportunities 2014-2022
A new market study, titled “Global Specialty Fibers Market Analysis,
Trends and Opportunities 2014-2022” has been featured on
WiseGuyReports.
The global market for
specialty fibers totaled $11.26 billion in 2014 and is estimated to approach
$28.25 billion by 2022, registering a compound annual growth of 12.19% through
2022. Specialty fibers market is expected to witness considerable growth on
account of increasing demand of light weight and high strength composite
materials. High strength to weight ratio of specialty fibers is expected to
fuel the market demand over the estimate period. Consumer friendly qualities of
the material such as stain resistance, water proofing and stretching are also
estimated to drive the specialty fibers market over the forecast period.
Excellent mechanical properties, durability and thermal stability than the
conventional materials are expected to augment specialty synthetic fibers
demand over the forecast period. Various industries such as transportation,
marine, aerospace and automotive are also expected drive specialty synthetic
fibers demand over the forecast period. Growing need of optical fiber cables
and expansion of electronic industry is anticipated to shoot up demand of
specialty synthetic fibers. Numerous innovative applications of glass fibers
and synthetic fibers such as adding metallic properties in cloth, usage in
battery separators and in the process of filtration are also expected to
augment the glass fibers and specialty fibers demand over next seven years. Increasing
usage of these materials for ballistic equipments manufacturing is expected to
augment the market demand as well.
Specialty fibers are
segmented into meta aramids, para aramids and Partially Oxidized
Polyacrylonitrile Fibers, High-Strength Polyethylene Fibers, Polybenzimidazole
(Pbi) Fibers. Glass fiber accounts for maximum share in the global glass fiber
and specialty fibers market. Carbon Fiber is expected to witness highest growth
rate over the forecast period on account of its high strength to weight ratio.
Significant carbon fiber demand from automotive and aerospace industries is
expected to drive the global glass fibers and specialty synthetic fibers market
over the forecast period.
Key market players
operating in the specialty synthetic fibers include NV Bekaert SA, Compagnie De
Saint-Gobain SA, 3M Company, Advanced Composite Materials Llc, Aerocell
Corporation, Albany International Corp.
What our report offers:
- Market share assessments
for the regional and country level segments
- Market share analysis of
the top industry players
- Strategic
recommendations for the new entrants
- Market forecasts for a
minimum of 8 years of all the mentioned segments, sub segments and the regional
markets
- Market Trends (Drivers,
Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and
recommendations)
- Strategic
recommendations in key business segments based on the market estimations
- Competitive landscaping
mapping the key common trends
- Company profiling with
detailed strategies, financials, and recent developments
- Supply chain trends
mapping the latest technological advancements
FOR
MORE DETAILS: https://www.wiseguyreports.com/reports/222014-global-specialty-fibers-market-outlook-2014-2022
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