The report “Glass Fiber Market & Specialty Synthetic Fibers Market
by Type (Para & Meta Aramid, UHMW Polyethylene, Carbon Fiber, POA,
Glass Fiber & Others ), by Application (Aerospace & Defense,
Automotive, Wind Energy, Safety, Friction Materials, etc.), and by
Geography - Forecasts and Trends to 2020” defines
and segments the global glass fiber market and specialty synthetic
fibers market with an analysis and forecast of value by type, such as
aramids, UHMW Polyethylene, carbon fiber, and others. Additionally, the
value and volume of glass fiber & specialty synthetic fibers by
application and region are also discussed in the report.
Browse 147 market data tables and 60 figures spread through 300 pages and in-depth TOC on “Glass
Fiber Market & Specialty Synthetic Fibers Market, by Type (Para
& Meta Aramid, UHMW Polyethylene, Carbon Fiber, POA, Glass Fiber
& Others ), by Application (Aerospace & Defense, Automotive,
Wind Energy, Safety, Friction Materials, etc.), and by Geography -
Forecasts and Trends to 2020"
http://www.marketsandmarkets.com/Market-Reports/specialty-synthetic-glass-fiber-market-39906130.html
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The global glass fiber market and specialty synthetic
fibers market is projected to register a market size of about
$14,240.53 Million by 2020, signifying CAGR of around 6.46% between 2015
and 2020.
The report includes identification and analysis of
factors that drive and restraint the global glass fiber market and
specialty synthetic fibers market along with the opportunities and
strengths. The market is segmented and the value has been projected
based on important regions, such as Asia-Pacific, North America, Europe,
and Rest of the World (RoW). Further, the market is segmented and the
demand and value are estimated based on various key applications of
glass fiber and specialty synthetic fibers, such as friction materials,
reinforcement materials, safety applications, aerospace, ballistic
protection, commercial marine, medical, and other applications.
Europe & North America are the major
markets for para aramid which are contributing to the growth of the
specialty synthetic fibers market
Europe is one of the major regions in terms of
consumption of aramids. After effect of the economic slowdown in 2008 on
most of the industries in this region and the on-going recovery, the
demand for advanced materials is projected to rise. The demand for
aramid in the European region is mainly driven by the western European
countries such as Germany, the U.K., and France. Stringent safety
regulations within various industries such as oil & gas,
construction are fuelling the demand for protective clothing which is
driving the demand for aramids in the region. Friction materials
required for high-end automotive and other industrial sectors are also
contributing to the growing aramid market in the region.
North America is the major region in terms of production and consumption of aramids. Globally, this market is the leader with respect to demand as well as product innovation in terms of quality and application development. Major countries in North America are the U.S. (the most dominant market, accounting for a significant market share) and Canada. The North American aramid market is largely driven by the personal protection segment where the demand for advanced solutions which combine comfort and maneuverability with high protection is high.
North America is the major region in terms of production and consumption of aramids. Globally, this market is the leader with respect to demand as well as product innovation in terms of quality and application development. Major countries in North America are the U.S. (the most dominant market, accounting for a significant market share) and Canada. The North American aramid market is largely driven by the personal protection segment where the demand for advanced solutions which combine comfort and maneuverability with high protection is high.
Asia-Pacific is projected to register the highest demand for UHMW Polyethylene in its end-user industries by 2020
Asia-Pacific is the fastest-growing market for UHMW
PE globally. Growing economies are enhancing their budgets for defense
and military spending giving rise to body and vehicle armor market in
the region. The U.S. and European countries are projected to be the hub
of UHMW Polyethylene consumption in the world and are projected to be
the major consumers of specialty synthetic fibers by 2019. The major
countries in the region, which are projected to drive the UHMW
Polyethylene market, are Japan, China, India, and South Korea. The key
company producing UHMW polyethylene in the region is Toyobo Co. Ltd
(Japan).
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com