MARKET OVERVIEW
High temperature fibers are fibers which are designed to maintain strength and structural integrity in extreme heat. They are made from ceramics, silicon carbide, and carbon-carbon composites. These fibers are used in various industries, such as aerospace, automotive and industrial heating, and cooling systems. They are also used in producing clothing and gear for workers who require high heat protection. The aerospace industry is a major user of high temperature fibers, as they are used in the manufacture of aircraft and spacecraft components that are exposed to extreme temperatures. The market for high temperature fibers is predicted to grow significantly soon due to rising demand from industries like aerospace, automotive, and industrial heating, and cooling systems.
MARKET DYNAMICS
The high-temperature fibers market is anticipated to grow in the forecast period owing to driving factors such as high demands from automotive and aerospace industries for use in several critical applications. Moreover, surging demands from multiple industries including the electrical and electronics industry for fire-resistant materials further boost the market growth. However, the production process is highly energy intensive which leads to the increased cost of the product. This factor severely restricts the high-temperature fibers market growth. On the other hand, continuous innovations to improve the operating temperature to broaden the application scope provide significant growth opportunities for the major players operating in the high-temperature fibers market.
MARKET SCOPE
The "Global High-temperature Fibers Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of high-temperature fibers market with detailed market segmentation by fiber type, end-use industry, and geography. The global high-temperature fibers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading high-temperature fibers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global high-temperature fibers market is segmented based on fiber type and end-use industry. Based on fiber type, the market is segmented as aramid, ceramic, and others. Based on the end-use industry, the market is segmented as security & protection, automotive, aerospace, industrial, electrical & electronics and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global high-temperature fibers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The high-temperature fibers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting high-temperature fibers market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors affecting the high-temperature fibers market in these regions.
MARKET PLAYERS
The reports cover key developments in the high-temperature fibers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market players from the high-temperature fibers market are anticipated to have lucrative growth opportunities in the future with the rising demand for high-temperature fibers in the global market. Below mentioned is the list of few companies engaged in the high-temperature fibers market.
The report also includes the profiles of key high-temperature fibers companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for the last three years, key developments in the past five years.
- E. I. du Pont de Nemours and Company
- Kamenny Vek
- KOLON Industries, Inc.
- Koninklijke Ten Cate bv
- Morgan Advanced Materials plc
- Teijin Limited
- Toray Industries, Inc.
- Toyobo Co., Ltd.
- Unifrax Corporation
- Yantai Tayho Advanced Materials Co., Ltd.