India High Performance Fibers Market Size & Outlook
India high performance fibers market, 2017-2030 (US$M)
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India high performance fibers market highlights
- The India high performance fibers market generated a revenue of USD 482.7 million in 2021 and is expected to reach USD 1,021.9 million by 2030.
- The India market is expected to grow at a CAGR of 8.7% 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 482.7 million |
| Market revenue in 2030 | USD 1,021.9 million |
| Growth rate | 8.7% (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, India accounted for 4.1% 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 Asia Pacific, China high performance fibers market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,444.1 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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India 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 57.99% in 2021. Horizon Databook has segmented the India 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.
High Performance Fibers industry in India is primarily driven by the rapid growth in industries such as aerospace & defense, electronics & telecommunication, textiles, construction & building, automotive, and sporting goods.
In addition, rapid industrialization coupled with increase in investments towards aeronautical research has is expected to drive the market growth over the forecasted period. As per reports published by Government of India (GOI).
Civil aviation passenger traffic in the country has grown by more than 40% from 2017 to 2019, which has led increase in number of airplanes used.
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Horizon Databook provides a detailed overview of country-level data and insights on the India high performance fibers market , including forecasts for subscribers. This country databook contains high-level insights into India high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India high performance fibers market size, by product, 2017-2030 (US$M)
India High Performance Fibers Market Outlook Share, 2021 & 2030 (US$M)
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