Global Specialty Fibers Market to grow at a phenomenal CAGR of 12.7% from 2015 to 2022
"The Specialty Fibers Market report includes a comprehensive analysis of the present state of the market. The report starts with the basic Specialty Fibers industry overview and then goes into each and every detail."
The Specialty Fibers Market is estimated at $12.4 billion in 2015 and is expected to reach $28.7 billion by 2022 growing at a CAGR of 12.7% from 2015 to 2022. Specialty fibers market is expected to witness considerable growth on account of increasing demand of light weight and high strength composite materials. High strength to weight ratio of specialty fibers is expected to fuel the market demand over the estimated period. Consumer friendly qualities of the material such as stain resistance, water proofing and stretching are also estimated to drive the specialty fibers market over the forecast period. Excellent mechanical properties, durability and thermal stability than the conventional materials are expected to augment specialty synthetic fibers demand over the forecast period. Various industries such as transportation, marine, aerospace and automotive are also expected drive specialty synthetic fibers demand over the forecast period. Growing need of optical fiber cables and expansion of electronic industry is anticipated to shoot up demand of specialty synthetic fibers.
Amongst Type, carbon fiber segment is likely to acquire highest growth rate which can be attributed to its high strength to weight ratio. Major carbon fiber demand from automotive and aerospace industries is expected to fuel specialty fibers market over the forecast period. Europe accounted for maximum share in the global specialty fibers market on account of presence of large end-use industries in the region. Growing automotive and aviation & defense industries in the region are expected to fuel the specialty fibers market growth over the forecast period.
Key market players operating in the specialty fibers include Nv Bekaert Sa, Compagnie De Saint-Gobain Sa, Dsm N.V., Evonik Fibres Gmbh, Kermel Sas, Rath Ag, Sgl Group, Societe Des Fibres De Carbone S.A. (Soficar), Umeco Plc, 3M Company, De Saint-Gobain SA, Advanced Composite Materials Llc, Aerocell Corporation and Albany International Corp.
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Some of the key players in the market include : Huber Engineered Materials ,Evonik Industries ,Solvay SA ,Madhu Silica Private Limited ,Akzo Noble N.V. ,Nalco Holding Company ,Cabot Corporation ,PPG Industries ,Qingdao Makall Group Inc. ,W.R Grace and Company ,Tokuyama Corporation ,J.M.Huber
Key Points covered in this Report:
Specialty Fibers Market by Types:
• Precipitated Silica
• Fused Silica
• Fumed Silica
• Colloidal Silica
• Silica Gel
Specialty Fibers Market by Application:
• Ink, Paints and Coating
• Electrical and Electronics
• Food and Beverages
• Agriculture and Animal Feed
• Personal Care & Cosmetics
• Crop Protection
• Other Applications
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top 5 players in these regions, from 2016 to 2023 (forecast), like:
North America (United States, Canada and Mexico),Asia-Pacific (China, Japan, Southeast Asia, India and Korea),Europe (Germany, UK, France, Italy and Russia etc.,South America (Brazil, Chile, Peru and Argentina),Middle East and Africa (Egypt, South Africa, Saudi Arabia)
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Highlight of the Report:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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