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

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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)

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