Future of the Polyimide Fibers Market: Emerging Technologies and Innovations

Polyimide Fibers Market

According to latest study by Future Market Insights (FMI), the demand for polyimide fibers will increase at 4.9% CAGR between 2021 and 2031.

Increasing use of polyimide fibers in filter media, protective clothing, and insulation materials will drive sales in the market. Owing to its excellent heat resistance and flame retardant capacity, polyimide fibers application is expected to increase across diverse industries.

Polyimide fibers are extensively used in manufacturing of protective clothing such as outer shell of suits in the army, jackets of fire fighters, and industrial protective gears. Considering this, FMI has identified application in protective clothing to account for maximum sales in the market through the forecast period.

However, limited availability of the product and complexity in manufacturing process owing to concentration of technology know how with few players is restraining the growth opportunities.

Download a sample to obtain additional highlights and key points on various market segments and their impact in the coming years: https://www.futuremarketinsights.com/reports/sample/rep-gb-13755

Key Takeaways from Polyimide Fibers Market Study

  • Global polyimide fibers market is expected to reach a valuation of US$ 486.6 Mn by the end of the forecast period, 2031.
  • Protective clothing will remain the dominant segment in terms of applications in the polyimide fiber market.
  • The U.S. will account for maximum polyimide fiber sales in North America.
  • The extraordinary growth in chemical industry of Asia Pacific is augmenting the sales of polyimide in the region.
  • China will emerge as one of the leading exporters of polyimide fibers. The China market is forecast to exhibit growth at 6.7% CAGR through the forecast period

 “Various governmental regulations imposed over emission control from vehicles, factories, and other sources are expected to increase the demand for materials used for filtration products such as polyimide fibers over the forecast period,” said an analyst at FMI.

Polyimide Fibers Market: Participant Insights

According to the Market Research analysis, Evonik Industries AG, Jiangsu Shino New Materials Technology Co., Ltd, Jiangsu Aoshen Hi Material Co. Ltd, Changchun Hipolyking Co., Ltd. and Ningbo Yide Fine Chemical Co., Ltd are identified as key players in the Polyimide Fibers market.

Among these companies Jiangsu Aoshen Hi Material Co., Ningbo Yide fine Chemical Co., Ltd, Evonik Industries AG, Changchun Hipolyking Co., Ltd., and Jiangsu Shino New Materials Technology Co., Ltd have emerged dominant. They are expected to account for maximum sales of polyimide through 2031.

Ask Us Your Questions About This Report: https://www.futuremarketinsights.com/ask-question/rep-gb-13755

Polyimide Fibers Market by Category

By Application:

  • Filter Media
  • Protective Clothing
  • Insulation Material
  • Others

By End Use:

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

By Region:

  • North America
  • Latin America & Middle East & Africa (LAMEA)
  • Europe
  • Southeast Asia and Other APEJ
  • China
  • Japan

Want to Know More?

Future Market Insights has published a market research report on the Polyimide Fibers market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the Polyimide Fibers market through three different segments-by Application, by End Use and by Region.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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