Global High Performance Fibers Market Size & Outlook

The high performance fibers industry worldwide is expected to reach a projected revenue of US$ 25,317.7 million by 2030. A compound annual growth rate of 8.7% is expected of the worldwide high performance fibers industry from 2022 to 2030.
Revenue, 2021 (US$M)
$11,902.1
Forecast, 2030 (US$M)
$25,317.7
CAGR, 2022 - 2030
8.7%
Report Coverage
Worldwide

Global high performance fibers market highlights

  • The global high performance fibers market generated a revenue of USD 11,902.1 million in 2021 and is expected to reach USD 25,317.7 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 8.7% by 2030.
  • In terms of segment, others products accounted for a revenue of USD 5,405.2 million in 2021.
  • Polybenzimidazole (PBI) is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, UK is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 11,902.1 million
Market revenue in 2030USD 25,317.7 million
Growth rate8.7% (CAGR from 2021 to 2030)
Largest segmentOthers products
Fastest growing segmentPolybenzimidazole (PBI)
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCarbon Fiber, Polybenzimidazole (PBI), Aramid Fiber, M5/PIPD, Polybenzoxazole (PBO), Glass Fiber, High Strength Polyethylene, Others Products

Other key industry trends

  • In terms of revenue, the North America accounted for 28.1% of the global high performance fibers market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 832.2 million by 2030.

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High Performance Fibers Market Companies

Name Profile # Employees HQ Website

Global high performance fibers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high performance fibers market will help companies and investors design strategic landscapes.


Others products was the largest segment with a revenue share of 45.41% in 2021. Horizon Databook has segmented the Global high performance fibers market based on carbon fiber, polybenzimidazole (pbi), aramid fiber, m5/pipd, polybenzoxazole (pbo), glass fiber, high strength polyethylene, others products covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global High Performance Fibers Product Outlook (Revenue, USD Million, 2017-2030)
    • Carbon Fiber
    • Polybenzimidazole (PBI)
    • Aramid Fiber
    • M5/PIPD
    • Polybenzoxazole (PBO)
    • Glass Fiber
    • High Strength Polyethylene
    • Others Products
  • Global High Performance Fibers Application Outlook (Revenue, USD Million, 2017-2030)
    • Electronics & Telecommunication
    • Textile
    • Aerospace & Defense
    • Construction & Building
    • Automotive
    • Sporting Goods
    • Other Applications

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Horizon Databook provides a detailed overview of global-level data and insights on the Global high performance fibers market , including forecasts for subscribers. This global databook contains high-level insights into Global high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global high performance fibers market size, by regions, 2017-2030 (US$M)

Top 10 countries: High performance fibers market size, 2021 (US$M)

Global high performance fibers market share, by product, 2021 & 2030 (%, US$M)

High performance fibers market: Opportunity assessment by country

Global high performance fibers market, by region, 2021 (US$M)

Global high performance fibers market size, by regions, 2017-2030 (US$M)

Product 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 2,982.8 3,197.4 3,466.3 3,253.6 3,350.1 3,542.7 3,848.3 4,202.6 4,608.3 5,070.2 5,592.9 6,186.0 6,860.5 7,629.4 9.6%
Europe 2,416.8 2,597.0 2,780.4 2,678.5 2,734.6 2,853.9 3,012.8 3,200.9 3,415.0 3,655.8 3,922.6 4,219.8 4,542.5 4,898.3 6.7%
Asia Pacific 4,273.5 4,647.6 4,928.0 4,923.9 5,139.3 5,486.5 5,938.6 6,477.0 7,101.1 7,809.1 8,603.4 9,505.5 10,501.2 11,616.9 9.5%
Latin America 291.8 302.1 317.5 297.2 294.8 301.5 312.5 327.3 346.4 370.0 398.1 431.6 471.4 518.9 6.5%
MEA 353.0 372.8 389.8 378.8 383.4 398.0 417.2 441.0 468.1 498.6 532.2 569.1 609.6 654.3 6.1%
Overall 10,317.9 11,116.8 11,882.1 11,532.0 11,902.1 12,582.7 13,529.3 14,648.7 15,938.9 17,403.7 19,049.1 20,912.0 22,985.2 25,317.7 8.8%

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