GlobalHigh-Temperature Fiber Market was valued at US$ 199.3 Mn in 2019 and isexpected to reach US$ 416.5 Mn by 2027, at a CAGR of 10.14 % during theforecast period.
The report includes an analysis ofthe impact of COVID-19 lockdown on the revenue of market leaders, followers,and disruptors. Since the lockdown was implemented differently in variousregions and countries; the impact of the same is also seen differently byregions and segments. The report has covered the current short-term andlong-term impact on the market, and it would help the decision-makers to preparethe outline and strategies for companies by region.
Global High-Temperature FiberMarket
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Global High-Temperature FiberMarket Dynamics:
High-temperature fibers areextensively used in several high-temperature applications like aerospace,automotive, and others. The demand for this fiber is expected to boost in thenear future because of the significant request for heat and fire-resistant fibersin many end-user applications. Companies involved in the GlobalHigh-Temperature Fiber Market are chiefly investing in emerging countries totap the unexplored market. However, the high cost of production is posing achallenge to the market leaders, which leads to the slow growth of the market.
Political uncertainties having anegative impact on the global industrial manufacturing capacity can be viewedas a major factor restraining the growth of the global high-temperature fibermarket. Over the recent years, issues like the trade war and protectionism havedented industrial production globally, particularly in emerging economies. Theprospect of the potential slowdown in industrial activities has halted thedevelopment plans of many product manufacturers.
Segment analysis of the GlobalHigh-Temperature Fiber Market:
Based on the application segment,the industrial sector is estimated to hold the largest market share during theforecast period. Security & protection and automotive application of high-temperaturefibers are estimated to be the driving force to the growth of the GlobalHigh-Temperature Fiber Market. Increasing industrial development and the risein conflicts, which leads to increased military spending are the main factorsdriving the growth of the market. The high cost of production and high cost ofraw material are the major restraints inhibiting the growth of the market.
Regional Insights of the GlobalHigh-Temperature Fiber Market:
In terms of region, Asia-Pacific isexpected to hold the largest market share during the forecast period. Thegrowing use of high-temperature fiber in electrical and automotive,electronics, and security & protection contributes to the GlobalHigh-Temperature Fiber Market growth in the Asia-Pacific region. China is thetop consumer of the global high-temperature fiber market. The shift inproduction activities from developed countries to low-cost Asian states resultsin the rise of foreign investments in this region which influences the marketgrowth in a positive way. Favorable growth in the aerospace industry and stableeconomic growth in
Europe have contributed to thegrowth of the Global High-Temperature Fiber Market.
The objective of the report is topresent a comprehensive assessment of the market and contains thoughtfulinsights, facts, historical data, industry-validated market data, andprojections with a suitable set of assumptions and methodology. The report alsohelps in understanding High-Temperature Fiber Market dynamics, structure byidentifying and analyzing the market segments and project the global marketsize. Further, the report also focuses on the competitive analysis of keyplayers by product, price, financial position, product portfolio, growthstrategies, and regional presence.
GlobalHigh Temperature Fiber Market, Key Highlights:
• Global High Temperature FiberMarket analysis and forecast, in terms of value.
• Comprehensive study and analysisof market drivers, restraints and opportunities influencing the growth of theGlobal High Temperature Fiber Market
• Global High Temperature FiberMarket segmentation on the basis of type, source, end-user, and region(country-wise) has been provided.
• Global High Temperature FiberMarket strategic analysis with respect to individual growth trends, futureprospects along with the contribution of various sub-market stakeholders havebeen considered under the scope of study.
• Global High Temperature FiberMarket analysis and forecast for five major regions namely North America,Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin Americaalong with country-wise segmentation.
• Profiles of key industry players,their strategic perspective, market positioning and analysis of corecompetencies are further profiled.
• Competitive developments,investments, strategic expansion and competitive landscape of the key playersoperating in the Global High Temperature Fiber Market are also profiled.
Scope of the GlobalHigh-Temperature Fiber Market: Inquire before buying
Global High-Temperature Fiber Market,by Fiber type
• Aramid
• Ceramic
• Other Fibers
Global High-Temperature FiberMarket, by Application
• Security & Protection
• Automotive
• Aerospace
• Industrial
• Electrical & Electronics
• Other Applications
Global High-Temperature FiberMarket, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in the GlobalHigh-Temperature Fiber Market:
• E. I. Du Pont De Nemours andCompany
• Teijin Limited
• Toray Industries Inc.
• Royal Tencate N.V.
• Morgan Thermal Ceramic
• Toyobo Co., Ltd.
• Kolon Industries Inc.
• Unifrax Corporation
• Yantai Tayho Advanced MaterialsCo., Ltd.
• Kamenny Vek.an JIUKE Hightemperature Fiber Co., ltd.
• DuPont
•Wuhan JIUKE High temperature FiberCo., ltd.
• Morgan Thermal Ceramics
• Teijin Limited
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