Polyimide Fibers Market Is Expected To Reach USD 3693.64 Million By 2029

PRESS RELEASE
Published July 21, 2023

Global Polyimide Fibers Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2029. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Polyimide Fibers Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Global polyimide fibers market was valued at USD 2500 million in 2021 and is expected to reach USD 3693.64 million by 2029, registering a CAGR of 5.00% during the forecast period of 2022-2029.

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Top Key Players in the Global Polyimide Fibers Market: PPG Industries, Inc. (U.S.),  Jotun (Norway), Axalta Coating System (U.S.), The Sherwin-Williams Company (U.S.), DOW (U.S.), Akzo Nobel N.V. (Netherlands), Kansai Paint Co., Ltd. (Japan), Nippon Paint Holdings Co., Ltd. (Japan), Carboline Company (U.S.), Sharpshell Industrial Solutions (South Africa), Arkem S.A. (France), Ashland Inc (U.S.), Mapei S.p.A (Italy), MUHU (China) Construction Materials Co., Ltd., (China), Holcim (Switzerland) and Other.

Global Polyimide Fibers Market Segmentation:

Application

  • Filter Media
  • Protective Clothing
  • Insulation Material
  • Others

End User

  • Construction
  • Power & Utilities
  • Chemical & Processing
  • Mining
  • Others

Regional Insights:

Asia-Pacific is expected to account for the majority of the global polyimide fibres market, during the forecast period of 2022 to 2029 followed by North America and Europe. The rise in demand for protective flame retardant clothing and the presence of manufacturing companies in countries such as China, Japan, and India are expected to create lucrative opportunities for the market in the region during the forecast period.

-North America (U.S., Canada)

-Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

-Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

-South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

-Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

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Drivers

  • High Usage of polyimide fibers in textile industry

Polyimide fibres are widely used in the textile industry due to the superior protection they provide to clothing. Polyimide fibres are flame retardants and used in the textile industry as a fiber for heat protective clothing. Polyimide fibres are widely used in producing protective clothing, such as firefighter suits and jackets, army uniforms, and industrial protective gear. In the coming years, the global polyimide fibres market is expected to be fueled by an increase in demand for flame retardant clothing in various end-use sectors.

  • Increased requirements from aerospace industry

Due to their excellent heat resistance, polyimide fibres are used for multilayer insulations in astronaut space suits and space shuttles. This is expected to increase demand for these fibres over the forecast period.

Important Sections from the Table of Contents:

  • Global Polyimide Fibers Market Overview
  • Economic Impact on Industry
  • Market Competition by Manufacturers
  • Production, Revenue (Value) by Region
  • Supply (Production), Consumption, Export, Import by Regions
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Manufacturing Cost Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Global Polyimide Fibers Market Forecast

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