Italy High Performance Fibers Market Size & Outlook
Italy high performance fibers market, 2017-2030 (US$M)
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Italy high performance fibers market highlights
- The Italy high performance fibers market generated a revenue of USD 234.1 million in 2021 and is expected to reach USD 426.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.9% from 2022 to 2030.
- In terms of segment, others products was the largest revenue generating product in 2021.
- Polybenzoxazole (PBO) 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 234.1 million |
| Market revenue in 2030 | USD 426.9 million |
| Growth rate | 6.9% (CAGR from 2021 to 2030) |
| Largest segment | Others products |
| Fastest growing segment | Polybenzoxazole (PBO) |
| 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, Italy accounted for 2.0% 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 Europe, Germany high performance fibers market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,299.6 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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Italy 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 34.56% in 2021. Horizon Databook has segmented the Italy 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.
Italy has one of the prominent high-performance fibers market in the Europe owing to the increasing demand for fibers in application industry of aerospace & defense, textile, electronic & communication, automotive, and others.
In terms of both volume and revenue, the aerospace and defense hold a majority of the market share in the high performance fiber market followed by the textile and electronics & communication application segments.
Italy has one of the developed aerospace industry and continuous government support and spending is adding growth to the same. For instance, in July 2020, the investment plans have been funded by the European investment fund to support Italian venture on space start-ups known as ‘Primo Space’.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy high performance fibers market , including forecasts for subscribers. This country databook contains high-level insights into Italy high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy high performance fibers market size, by product, 2017-2030 (US$M)
Italy High Performance Fibers Market Outlook Share, 2021 & 2030 (US$M)
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