Polymeric And Inorganic Fibers Market Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677
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• Polymeric and inorganic fibers market size is forecast to reach US$127.6 billion by 2026, after growing at a CAGR of 7.1% during 2021-2026. Inorganic fibers are gaining importance in end-use industries. These fibers are manufactured from the material available in the earth's crust such as glass, metal, carbon, and ceramics among others. Inorganic fibers are fibers made from inorganic materials such as amorphous fiber, wollastonite, and monocrystalline fiber. Inorganic fibers have more resistance, more rigid, higher melting point, and heat resistant compared to traditional fibers. The growing demand from various end-use industries including, automotive, aerospace, marine, textile, medical, and electronics & electrical among others are driving the market growth during the forecast period 2021-2026. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways The Asia Pacific is expected to register the highest CAGR of 8.1% during the forecast period (2021-2026). Changing lifestyles, increasing consumer spending, emerging economies, and rapid population growth are the major factors driving the market growth. Inorganic fibers are also known as high-performance fibers or superfibers. They have superior characteristics and properties that differ from other non-natural fibers.
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By Distribution Channel- Segment Analysis The inorganic fibers segment is expected to hold the largest market share in the global polymeric and inorganic fibers market during the forecast period. The carbon fibers segment of inorganic fibers type accounted for approximately 30% of the market share in 2020 and are estimated to grow at a significant CAGR during the forecast period. Carbon fibers are widely used in aerospace & defense, automotive, sports & recreation, and wind energy industries due to their high strength modulus property. Carbon fibers are also cost-effective and possess high tensile strength compared to other types Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Polymeric and Inorganic Fibers Market Industry Outlook • • • • • • • • •
merican Fiberglass Rebar American Grating, LLC. Engineered Composites Ltd B&B FRP Manufacturing INC. TUF-BAR; FRP Composites Inc. Ten Cate NV Zoltek Companies, Inc. Hyosung Corporation Mitsubishi Rayon Co.
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