Polyimide Fibers Market: Industry Analysis and Forecast (2022-2029)

The Polyimide Fibers Market is expected to reach US $ 0.46 billion by 2029, thanks to growth in the protective coatings segment. The report analyzes Polyimide Fibers market dynamics by region, application, and end-use.
Polyimide Fibers Market Overview:
The global polyimide fibers market was valued at US $0.31 Bn. in 2021, and it is expected to reach US $ 0.46 Bn. by 2029 with a CAGR of 4.91% during the forecast period.

Polyimide fibers (PI) are a type of heat-resistant, rather strong synthetic fiber that ranges in shade from orange to yellow. Polyimide fibers are made from aromatic diamines and aromatic tetracarboxylic dianhydrides in a two-step method. Polyimide fibers are frequently the best choice for extremely demanding applications requiring corrosion, extreme temperature, wear, and creep resistance. Continuous use of polyimide fibers at very high temperatures up to 260°C and short-term exposure at 550°C maintains excellent operating abilities.

Polyimides fibers can be made from a polyamic acid solution using a dry process. A subsequent heat treatment step transforms the precursor fibers into polyimide fibers. The production of polyimide fibers is both expensive and complicated. Polyimide fibers have a substantially higher glass transition temperature about 400°C and melting points than most conventional fibers, like acrylic and polyester. PI fibers have low flammability and great chemical resistance to most chemicals thanks to their aromatic composition. Polyimide fibers are also light in weight.To know about the Research Methodology :- Request Free Sample Report
Polyimide Fibers Market Dynamics:
Surging Consumption of PI Fibers in Protective Clothing:

The global demand for protective clothing is likely to rise at a CAGR of approximately 3.67% during the forecast period. Polyimide fibers are increasingly being used in the manufacture of protective apparel thanks to their exceptional fire-resistant abilities. Polyimide fibers are widely implemented in the production of protective garments, such as the outer shell of army uniforms, industrial protection gears, firefighter jackets, and so on.

As the market for protective clothing is likely to grow so is the market for polyimide fiber during the forecast period.

Research and Development in the Space Sector:

Polyimide fibers sales have been steadily increasing as a result of an increase in the number of space research activities and launches throughout the globe. The increased number of space launches demands the production of tonnes of materials and components for rockets and space shuttles. The increased number of space launches demands the production of tonnes of materials and components for rockets and space shuttles.

According to ISRO, NASA, and other space exploration agencies, the number of space launches is likely to increase significantly during the forecast period, resulting in great demand for lightweight, high-performance materials that can endure extremely high temperatures.

Growth Opportunities for Polyimide Fibers:

Polyimide fibers were predominantly required in the production of filter bags, which are used to separate flue gases in municipal solid waste incinerators. Polyimide fibers are becoming more widely used in a variety of industries thanks to their outstanding heat resistance and flame retardant properties.

One of them, protective clothes, is gaining a lot of popularity. Similarly, over the forecast period, multiple research and development activities in the field of polyamide fibers are likely to reveal opportunities for polyimide fibers technologies.

Challenges for PI Fibers Suppliers:

Some of the key challenges or concerns to polyimide fibers suppliers include the intricate production process of polyimide fibers, high cost of polyimide fibers, and slightly fragmented market thanks to the presence of a few numbers of large companies and few middle & small business owners.

Suppliers, on the other hand, are focusing on the development of new and cost-effective manufacturing methods to meet the growing demands of consumers and vertical sectors. Also, businesses are planning to expand their manufacturing capacity.
Polyimide Fibers Market Segment Analysis:
Based on Application, the polyimide fibers market is segmented as, flexible cables, filter media, insulation, and protective coatings. In 2021, the filter media segment was dominant and held almost xx% of the overall market share in terms of revenue. Polyimide fibers are used to filter hot gases in coal-fired power plants, waste incinerators, and cement mills. A polyimide needle felt filters dust and particle matter from exhaust gas in this application.

Polyimide is also the most often used material for reverse osmotic films in water purification and the concentration of dilute components from water, like in maple syrup production. Detailed information about each segment is covered in the MMR’s report.

Based on End-Use, the polyimide fibers market is segmented as follows, electronics industry, chemical industry, aerospace industry, automotive industry, and textile industry. In 2021, the automotive industry segment was dominant and held almost xx% of the overall market in terms of revenue. Sintering processes can be used to make pieces and forms out of polyimide powder (direct forming, hot compression molding, and isostatic pressing).

They are useful as bushings, bearings, sockets, and constructive elements in demanding applications thanks to their great mechanical stability even at elevated temperatures. Compounds containing solid lubricants such as PTFE, graphite, or molybdenum sulphide are commonly used to improve tribological qualities. VTEC PI, P84 NT, Meldin, Vespel, and Plavis are all polyimide parts and shapes.
Polyimide Fibers Market Regional Insights:
In 2021, North America led the market 2021, accounting for nearly xx% of global revenue, thanks to the presence of numerous space agencies like NASA, as well as their broad plans to launch various space shuttles, which is likely to drive up demand for polyimide fibers.

During the forecast period, China is likely to dominate the global market in terms of demand for protective clothing thanks to the growing industrialization in the country. The regional growth of China is expected to grow at an approximate CAGR of xx%.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
Polyimide Fibers Market Scope: Inquire before buying



Polyimide Fibers Market


Base Year
2021
Forecast Period
2022-2029


Historical Data
CAGR
Market Size in 2021
Market Size in 2029


2017 to 2021
4.91%
US$ 0.31 Bn
US$ 0.46 Bn


Segments Covered


by Application
• Flexible Cables
• Filter Media
• Insulation
• Protective Coatings
by End-Use
• Electronics Industry
• Chemical Industry
• Aerospace Industry
• Automotive Industry
• Textile Industry


Regions Covered


North America
• United States
• Canada
• Mexico
Europe
• UK
• France
• Germany
• Italy
• Spain
• Sweden
• Austria
• Rest of Europe
Asia Pacific
• China
• S Korea
• Japan
• India
• Australia
• Indonesia
• Malaysia
• Vietnam
• Taiwan
• Bangladesh
• Pakistan
• Rest of APAC
Middle East and Africa
• South Africa
• GCC
• Egypt
• Nigeria
• Rest of ME&A
South America
• Brazil
• Argentina
• Rest of South America



Polyimide Fibers Market Key Players
• Jiangsu Shino New Materials Technology Co., Ltd.
• Jiangsu Aoshen Hi Material Co.
• Changchun Hipolyking Co., Ltd.
• Ningbo Yide Fine Chemical Co., Ltd.
• Lirsot Ltd.
• Swicofil
• Shandong Xingye Environmental Technology Corp.
• Jiangsu Jinqiao Salt International Trade Co. Ltd.
• Baoding Sanyuan Textile Technology Co. Ltd.
• Shanghai Easun Group Imp & Exp Co., Ltd.
• Xiamen Meidasi Environmental Protection Industry Co. Ltd.
• Evonik Industries AG
• Bannor Industrial Co. Ltd.
• Bieglo GmbH
• iXBlue Photonics Besancon
• Others

Frequently Asked Questions:

1. Which region has the largest share in Global Polyimide Fibers Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Polyimide Fibers Market?
Ans: The Global Polyimide Fibers Market is growing at a CAGR of 4.91% during forecasting period 2022-2029.

3. What is scope of the Global Polyimide Fibers Market report?
Ans: Global Polyimide Fibers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Polyimide Fibers Market?
Ans: The important key players in the Global Polyimide Fibers Market are – Jiangsu Shino New Materials Technology Co., Ltd., Jiangsu Aoshen Hi Material Co., Changchun Hipolyking Co., Ltd., Ningbo Yide Fine Chemical Co., Ltd., Lirsot Ltd., Swicofil, Shandong Xingye Environmental Technology Corp., Jiangsu Jinqiao Salt International Trade Co. Ltd., Baoding Sanyuan Textile Technology Co. Ltd., Shanghai Easun Group Imp & Exp Co., Ltd., Xiamen Meidasi Environmental Protection Industry Co. Ltd., Evonik Industries AG, Bannor Industrial Co. Ltd., Bieglo GmbH, iXBlue Photonics Besancon, Others, and

5. What is the study period of this Market?
Ans: The Global Polyimide Fibers Market is studied from 2021 to 2029.