Global High Temperature Fiber Market 2022-2028
High temperature fibers are designed for harsh temperature (200°C and above). Major high temperature fibers include aramid fiber, carbon fiber, ceramic fiber and basalt fiber. High temperature fibers are witnessing significant growth on account of the growing demand for heat and fire resistant fibers from various end use applications. The market for high temperature fiber worldwide is expected to reach USD 11,685 million by 2028, recording a CAGR of 6.7% over the forecast period as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global high temperature fiber market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the high temperature fiber industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for high temperature fiber can be segmented by product: aramid fiber, ceramic fiber, carbon fiber, others. The aramid fiber segment is estimated to account for the largest share of the global high temperature fiber market. High temperature fiber market is further segmented by application: security & protection, automotive & transportation, aerospace, industrial, electrical & electronics, power & energy, others. The security & protection segment held the largest revenue share in 2021. Based on region, the high temperature fiber market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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