Global High-temperature Fiber Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global High-temperature Fiber Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” report has been recently generated by MarketResearch.biz, and offers in-depth insights, revenue details, and other vital information regarding the global high-temperature fiber market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global high-temperature fiber market report has been segmented on the basis of fiber type, industrial vertical, and region.
This report is based on synthesis, analysis, and interpretation of information gathered from various sources regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts, with the primary objective being to provide a holistic view of the target market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as current impact, in order to make informed forecasts about the scenarios in the near and distant future.
High-temperature fibers have the capability of surviving complex environments and high-temperatures. Extreme atmospheric conditions can cause damage to the normal fiber. High-temperature fibers are able to bear temperatures above 200°C. Excellent insulations from electricity, high-strength capacity to endure high strength, resistance to chemical reaction, lower density, thermal resistance, are some special characteristics of the high-temperature fiber. The high-temperature fibers are useful in various applications where any product requires to be high strength, excellent resistance to higher temperatures, fatigue resistant, and hydrogen permeation.
The global high-temperature fiber market is expected to register significant growth over the forecast period, owing to increasing application of high-temperature fibers across various industries such as automotive, industrial security, aerospace, electronics & electrical and others. The rapid growth of automotive industries across the globe is expected to drive demand for high-temperature fiber, which in turn is expected to augment growth of the global high-temperature fiber market over the forecast period. Increasing usage of high-temperature fiber in alarms systems that require high temperature is also expected to augment growth of the global market. Growing demand for high-temperature fiber is also estimated to be driven by increasingly stringent safety norms for various industries across the globe. In addition, high-temperature fiber’s properties such as limiting oxygen index, high chemical resistance, and low density are likely to increase the demand for the target product.
Energy exhaustive production methods lead to an increase in the cost of the high-temperature fiber, which may have a negative impact on growth of the global high-temperature fiber market over the forecast period. In addition, availability of substitute products such as aerogel, perlite, and calcium silicate is expected to slow down the growth process of the global high-temperature fibers market over the estimated time period.
Increasing research and development activities by key players in the market, in order to improve operating temperature of the fibers in a bid to escalate the application scope is also expected to create a scope of market growth in coming years. In addition, various major companies are focusing on the introduction of advanced products in order to attract consumers.
The increasing applications of high-temperature fiber in the electrical and electronic industry, for heat insulation, is a recent trend and is expected to gain traction over the estimated time period, thereby augmenting growth of the global market.
Analysis by Region:
Market in Asia Pacific accounts for major revenue share in the global high-temperature fiber market, owing to presence of a prominent application industrial base in the region, booming manufacturing industries in India and China, and rapid industrialization. Moreover, favorable growth of automotive industries in the region is also expected to drive growth of the regional markets in Asia Pacific.
Global High-temperature Fiber Market Segmentation:
Segmentation by Fiber Type:
Segmentation by Industrial Vertical:
- Electrical and Electronics
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Morgan Thermal Ceramics
- Toyobo Co. Ltd.
- Teijin Limited
- Toray Industries
- Kolon Industries, Inc.
- Kamenny Vek
- Yantai Tayho Advanced Materials Co, Ltd
- Royal Ten Cate
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