High-Performance Fiber Market: Information by Type (carbon fiber, aramid fiber, ceramic fiber, glass fiber, PBI, PPS, PE fiber), Application (automotive, aerospace & defense, building & construction, energy, textiles), and Region — Forecast till 2030

High-performance fiber market overview

According to the MRFR analysis, the global high-performance fiber is estimated to grow at a healthy CAGR of more than 8% to reach over USD 25 billion in 2030. And the objective of this study is to analyze and forecast the size of the high-performance fiber market, in terms of value, to define, describe, and forecast the high-performance fiber market by type, application, and region, and to forecast the market size of different divisions based on varied areas, such as Europe, North America, Asia Pacific, the Middle East and Africa, and South America. To give detailed information regarding main elements, such as restraints, drivers, opportunities, and challenges influencing the growth market during the forecast period, and to strategically analyze the divisions of the high-performance fiber market, based on individual growth trends, future prospects, and the contribution to the total market. Every year, competitive developments, such as joint ventures, alliances, mergers and acquisitions, and new product launches are taking a high place in the high-performance fiber market.

Key Players

Some of the key players in the high-performance fiber market are TEIJIN LIMITED (Japan), Mitsubishi Chemical Corporation (Japan), Corning Incorporated (US), Solvay (Belgium), Kureha Corporation (Japan), PBI Performance Products, Inc. (US), Honeywell International Inc. (US), AGY (US), ZOLTEK Corporation (US), Yantai Tayho Advanced Materials Co.,Ltd. (China), PHP Fibers GmbH (Germany), Bally Ribbon Mills (US), The InterTech Group, Inc. (US), Binani Industries Ltd. (India), and Sarla Performance Fibers Limited (India), among others.

Market Segmentation

The high-performance fiber market has been segmented on the basis of type, application, and region.

Based on type, the high-performance fiber market has been segregated into carbon fiber, aramid fiber, ceramic fiber, glass fiber, polybenzimidazole (PBI), polyphenylene sulfide (PPS), PE fiber, and others.

On the basis of application, the market is categorized into automotive, aerospace & defense, building & construction, electronics & telecommunication, energy, textiles, sports & leisure, and others.

The high-performance fiber market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Global High-Performance Fiber Market Share, by Application, 2017 (%)

Source: MRFR analysis

Regional Analysis

Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global High-Performance Fiber market. Asia-Pacific held largest share of the global high-performance fiber market in 2017 and is also projected to grow at the highest CAGR during the forecast period. The market for the high-performance fiber in this region is witnessing robust growth during review period on account of the surging demand for the product form the major end-use industries such automotive, construction, electronics & telecommunication, and textiles. Additionally, rapid growth of the aerospace and energy sector in this region is expected to drive the market growth for high-performance fiber in this region.

North America is closely following Asia-Pacific and held the second largest market share in 2017. The US is the largest market in this region due to the significant presence of well-established end use industries such as aerospace & defense, along with sports industry. 

Europe is another substantial regional market, wherein the demand for the product from in automobile industry is increasing at the healthy CAGR. The major contributors to the regional market France, Germany, UK and Italy. The aerospace and automotive industries in Europe are the major consumers of the high-performance fiber.

The Middle East & African and Latin American markets are estimated to grow at a healthy CAGR owing to high investment potential and robust availability raw.

Recent Development

It has been considered 2015 as the base year for the market profile, and the study estimated the size of the high-performance fiber market for 2016 and the expected demand for high-performance fibers till 2021. This also provides a complete detailed qualitative and quantitative analysis of the high-performance fiber market, and various secondary sources, including directories, industry journals, various associations, and databases, like Bloomberg, Hoovers, Chemical weekly, Factiva, government and private websites, and associations have been used to identify and collect information, useful for this commercial study of the high-performance fiber market, and main sources, such as experts from related industries and suppliers have been interviewed to obtain and verify information as well as assess future prospects of the high-performance fiber market.

Intended Audience

• High-Performance Fiber Manufacturers


• Traders and distributors of High-Performance Fiber


• Research and Development Institutes


• Potential investors


• Raw material suppliers


• Nationalized laboratories