U.S. High Performance Fibers Market Size & Outlook
U.S. high performance fibers market, 2017-2030 (US$M)
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U.S. high performance fibers market highlights
- The U.S. high performance fibers market generated a revenue of USD 2,247.1 million in 2021 and is expected to reach USD 5,168.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.7% 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 2,247.1 million |
| Market revenue in 2030 | USD 5,168.6 million |
| Growth rate | 9.7% (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, U.S. accounted for 18.9% 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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U.S. 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 43.49% in 2021. Horizon Databook has segmented the U.S. 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.
Increasing demand for personal protective equipment in the country is projected to propel the demand for aramid fiber, thereby propelling the high performance fibers market over the forecast period. A wide range of industries such as healthcare/medical, manufacturing, building & construction, and military require protective equipment to ensure safety and protection of the workers.
Stringent government norms regarding the safety of employees at workplace and large penalties for non-compliance with the standards are forcing employers to adopt personal protective equipment to protect their employees against various risks.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. high performance fibers market , including forecasts for subscribers. This country databook contains high-level insights into U.S. high performance fibers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. high performance fibers market size, by product, 2017-2030 (US$M)
U.S. High Performance Fibers Market Outlook Share, 2021 & 2030 (US$M)
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