Demand for High Performance Fibers Market is likely to progress at the highest CAGR of 8.6% by the end of 2032 – Persistence Market Research

Market Study on High Performance Fibers: Defense, Aerospace, and Textile Sectors to Account for High Product Demand

New York, Oct. 18, 2022 (GLOBE NEWSWIRE) -- The value of the high performance fibers market is US$ 12 Bn in 2022, which is likely to increase to US$ 27.5 Bn by the end of 2032, expanding at a high-value CAGR of 8.6% through 2032.

Based on product, demand for polybenzimidazole (PBI) is likely to progress at the highest CAGR of 14.1% from 2022 to 2032 due to its superior properties such as no melting point and high glass transition temperature.

High performance fibers include various fibers such as aramid fibers, carbon fibers, melamine fibers, polybenzimidazole fibers (PBI), fluoropolymer fibers, polyphenylene sulfide fiber (PPS), ceramic fibers and HDPE fibers among others.

Request for sample copy of report:

Due to the unique properties of high performance fibers, they are used in various end-user industries such as aerospace, automotive, buildings & construction, marine, energy, defense & military, electronics & telecommunications, and medical & healthcare among others. Glass and carbon fibers are commonly preferred high performance fibers across various end-user segments.

Increased Use of High Performance Fibers in Defense and Textile Industries

The high performance fibers are used at an increased rate to increase the durability of different components. In the defense industry, these high performance fibers, such as carbon fibers and aramid fibers are used to manufacture composites that are used in vessels and vehicles. In addition, the high performance fibers are also sued to manufacture jackets and armors.

Get customized report as per requirement:

In the textile industry, these fibers are used for the manufacturing of technical textiles that needs chemical and fire resistance. Moreover, in the electronics & telecommunication industry, these are used in electronic circuits and fiber optics.

Growing Application of High Performance Fibers in Aerospace Industry

At present, many end-user industries, for instance, electronics, buildings and construction, automotive, and aerospace are increasing demand for high performance fibers. Among these, the aerospace industry uses these fibers, such as aramid fibers & ceramic fibers, and carbon fibers for the enhancement of the performance of engines. High performance fibers provide lighter weight to components and thus increase the fuel efficiency of the engines in the aerospace industry.

High Performance Fibers Industry Research by Category

By Product:

  • Carbon Fiber
  • Polybenzimidazole (PBI)
  • Aramid Fiber
  • M5/PIPD
  • Polybenzoxazole (PBO)
  • Glass Fiber
  • High-strength Polyethylene
  • Others

Get full access of report:

By Application:

  • Electronics & Telecommunication
  • Textile
  • Aerospace & Defense
  • Construction & Building
  • Automotive
  • Sporting Goods

Key Market Players

Some of the key manufacturers of high performance fibers are E. I. du Pont de Nemours and Company, Toray Industries Inc., Zoltek Companies Inc., Teijin Ltd., Kamenny Vek, and Koninklijke Ten Cate NV, among several others.

Other Trending Reports:

About Persistence Market Research:

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.


Rajendra Singh

Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
United States
USA - Canada Toll-Free: 800-961-0353