Title: Polyimide Fiber Market trends research and projections for 2019 - 2025
1Polyimide Fiber Market Growth Outlook with
Industry Review and Forecast 2019-2025
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2 Global Market Scenario of Polyimide Fiber
Industry
- Polyimide fiber market size will experience
positive growth within the forecast timespan.
These synthetic fibers possess superior strength
and excellent heat-resistant characteristics.
They are produced by a two-step process involving
aromatic diamines and aromatic tetracarboxylic
dianhydrides. - They are preferred for applications where
resistance to high temperature, wear, corrosion
and creep is necessary. They offer exceptional
performance during short-term exposure of 1000?F
(550?C) as well as continuous use of high
temperatures up to 500?F (260?C). They are
primarily used for protective clothing and high
temperature filtration industrial insulation
applications. Moreover, they are used as a
composite material for various applications. - The polyimide fiber market will be driven by
increasing demand from electronics industry. The
product is used for high performance flexible
cables and medical tubing. Additionally, it is
used as an insulating film for magnet wire. It is
lightweight, heat chemical resistant and
flexible thereby perfectly suitable for various
applications. - Urbanization and advent of technology will
characterize the electronics industry in upcoming
years. Research and development activities
supported by huge investments are likely to give
rise to high-performance electronic systems and
components. Such trends will create ample number
of opportunities for polyimide fibers within
electronics sector and accelerate the pace of its
market growth during the forecast time span.
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3- Regional Trends-
- Asia Pacific will capture significant market
share within the forecast period. The significant
growth will be attributable to flourishing
electronics industry within this region.
Favorable government policies coupled with huge
government expenditures will trigger the growth
of electronics sector between the forecast
period. Such trends will surge the demand of
polyimide fibers in upcoming years. - North America will clutch considerable market
share in future due to positive outlook of
chemical industry. Massive investments and
capacity expansions associated with regional
chemical industry will catapult the market growth
in coming years. Space agencies of both of these
regions such as ISRO and NASA have proposed many
space expeditions over the next few years. This
will generate high product demand as these fibers
are extensively used in spacecrafts due to their
low weight and ability to work over wide
temperature range.
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5- Competitive Trends
- Some of the key players in polyimide fiber market
are Evonik Industries AG, BIEGLO GmbH, Swicofil
AG, Bannor Industrial Co., Ltd., iXBlue Photonics
Besançon, Jiangsu Shino New Materials
Technology Co., Ltd. and Changchun Gao Qi
polyimide material Co., Ltd.
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