Canada High Performance Fibers Market Size & Outlook
Canada high performance fibers market, 2017-2030 (US$M)
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Canada high performance fibers market highlights
- The Canada high performance fibers market generated a revenue of USD 617.2 million in 2021 and is expected to reach USD 1,364.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.2% from 2022 to 2030.
- In terms of segment, others products was the largest revenue generating product in 2021.
- Polybenzimidazole (PBI) is the most lucrative product segment registering the fastest growth during the forecast period.
High performance fibers market data book summary
| Market revenue in 2021 | USD 617.2 million |
| Market revenue in 2030 | USD 1,364.7 million |
| Growth rate | 9.2% (CAGR from 2021 to 2030) |
| Largest segment | Others products |
| Fastest growing segment | Polybenzimidazole (PBI) |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Fiber, Polybenzimidazole (PBI), Aramid Fiber, M5/PIPD, Polybenzoxazole (PBO), Glass Fiber, High Strength Polyethylene, Others Products |
| Key market players worldwide | Toray Industries Inc, DuPont de Nemours Inc, Teijin Ltd, Toyobo Co Ltd, DSM Firmenich AG, Kernel Holding SA, Kolon Industries, Huvis |
Other key industry trends
- In terms of revenue, Canada accounted for 5.2% of the global high performance fibers market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. high performance fibers market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,168.6 million by 2030.
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High Performance Fibers Market Scope
High Performance Fibers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 30.67% in 2021. Horizon Databook has segmented the Canada 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.
Aerospace & defense industry is a major contributor to Canada’s economic growth. It accounts for a large part of Canada’s trade with foreign countries. Canada boasts of a diverse aerospace & defense industry and is one of the few countries that produce aircraft on a major scale.
The high performance fiber market is expected to witness sustainable growth owing to the considerable number of manufacturers present in the country. The rising number of aircraft manufacturers in the country is projected to stimulate the demand for high performance fiber.
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Our clientele includes a mix of high performance fibers market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada high performance fibers market , including forecasts for subscribers. This country databook contains high-level insights into Canada high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada high performance fibers market size, by product, 2017-2030 (US$M)
Canada High Performance Fibers Market Outlook Share, 2021 & 2030 (US$M)
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