The global Polyimide Fibers Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Polyimide Fibers market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Global polyimide fibers market was valued at USD 2500 million in 2021 and is expected to reach USD 3693.64 million by 2029, registering a CAGR of 5.00% during the forecast period of 2022-2029.
Top Companies in the Global Polyimide Fibers Market:
PPG Industries, Inc. (U.S.), Jotun (Norway), Axalta Coating System (U.S.), The Sherwin-Williams Company (U.S.), DOW (U.S.), Akzo Nobel N.V. (Netherlands), Kansai Paint Co., Ltd. (Japan), Nippon Paint Holdings Co., Ltd. (Japan), Carboline Company (U.S.), Sharpshell Industrial Solutions (South Africa), Arkem S.A. (France), Ashland Inc (U.S.), Mapei S.p.A (Italy), MUHU (China) Construction Materials Co., Ltd., (China), Holcim (Switzerland), among others.
Market Segmentation:
The polyimide fibers market is segmented on the basis of application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Filter Media
- Protective Clothing
- Insulation Material
- Others
End User
- Construction
- Power & Utilities
- Chemical & Processing
- Mining
- Others
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Asia-Pacific is expected to account for the majority of the global polyimide fibres market, during the forecast period of 2022 to 2029 followed by North America and Europe. The rise in demand for protective flame retardant clothing and the presence of manufacturing companies in countries such as China, Japan, and India are expected to create lucrative opportunities for the market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- High Usage of polyimide fibers in textile industry
Polyimide fibres are widely used in the textile industry due to the superior protection they provide to clothing. Polyimide fibres are flame retardants and used in the textile industry as a fiber for heat protective clothing. Polyimide fibres are widely used in producing protective clothing, such as firefighter suits and jackets, army uniforms, and industrial protective gear. In the coming years, the global polyimide fibres market is expected to be fueled by an increase in demand for flame retardant clothing in various end-use sectors.
- Increased requirements from aerospace industry
Due to their excellent heat resistance, polyimide fibres are used for multilayer insulations in astronaut space suits and space shuttles. This is expected to increase demand for these fibres over the forecast period.
Opportunities
Polyimide fibres are increasingly being used in a variety of end-use industries. Polyimide fibres are commonly used in products such as filter bags to separate flue gases in municipal solid waste incinerators. However, due to properties such as flame retardancy and chemical resistance, demand for these materials has recently increased in applications such as protective clothing such as outer shells of suits and jackets for firefighters, the army, and other industries.
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