Europe High Performance Fibers Market Size & Outlook
Europe high performance fibers market, 2017-2030 (US$M)
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Europe high performance fibers market highlights
- The Europe high performance fibers market generated a revenue of USD 2,734.6 million in 2021.
- The market is expected to grow at a CAGR of 6.7% from 2022 to 2030.
- In terms of segment, carbon fiber was the largest revenue generating product in 2021.
- Polybenzoxazole (PBO) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 2,734.6 million |
| Market revenue in 2030 | USD 4,898.3 million |
| Growth rate | 6.7% (CAGR from 2021 to 2030) |
| Largest segment | Carbon fiber |
| Fastest growing segment | Polybenzoxazole (PBO) |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Europe region accounted for 23.0% of the global high performance fibers market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 7,629.4 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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Europe 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.
Carbon fiber was the largest segment with a revenue share of 33.02% in 2021. Horizon Databook has segmented the Europe 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.
Europe is one of the major markets for high performance fibers owing to the increasing demand from various application sectors such as, aerospace & defense, sports goods, building & construction, security & protection.
Optical fibers, electrical insulation, rubber reinforcement, Robust growth in these application products is expected to fuel the demand for high performance fibers over the forecast period. The demand for high bandwidth fiber optic cables for data services and communication.
is anticipated to influence the high performance fibers market positively for optical fibers manufacturing over the forecast period. In addition, European countries are among the world’s biggest manufacturers of automotive.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe high performance fibers market , including forecasts for subscribers. This continent databook contains high-level insights into Europe high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe high performance fibers market size, by country, 2017-2030 (US$M)
Europe High Performance Fibers Market Outlook Share, 2021 & 2030 (US$M)
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