DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "High Performance Fiber Market - Global Forecast to 2021" report to their offering.
The high performance fiber market is projected to reach USD 16.46 billion by 2021.
Factors such as emerging demand for lightweight vehicles across the globe, rising concerns over the emission of greenhouse gases, and increasing penetration of high performance fibers in different new applications are the key factors expected to contribute towards increased demand for high performance fibers. However, the high cost of production of carbon fibers limits their use to premium products. This acts as a major restraint for the growth of the high performance fiber market.
Among applications, the automotive segment of the high performance fiber market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. The growth of the automotive application segment can also be attributed to increased use of high performance fibers in the automotive sector to ensure fuel efficiency of automobiles by using high performing, lightweight materials in their manufacturing.
Factors such as lack of investments for carrying out R&D activities in the field of high performance fibers and high cost of production of carbon fibers are expected to hinder the growth of the high performance fiber market during the forecast period.
- AGY Holding Corp.
- Bally Ribbon Mills
- Binani Group
- Bluestar Fibers Company Ltd.
- Cytec Industries Inc.
- E. I. Du Pont De Nemours And Co.
- Honeywell International
- Intertech Group
- Koninklijke Ten Cate Nv
- Kureha Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 High Performance Fiber Market, By Type
8 High Performance Fiber Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/3bckxl/high_performance