Polyimide Fibers Market: Global Market Analysis and Future Potential

The Global Polyimide Fibers Market is expected to reach US $0.42 billion by 2027, thanks to growth in the protective coatings segment. The report analyzes Polyimide Fibers market dynamics by region, application, and end-use.

Global Polyimide Fibers Market Overview:

The global polyimide fibers market was valued at US $0.30 Bn. in 2020, and it is expected to reach US $0.42 Bn. by 2027 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. Global Polyimide Fibers Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Global 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. Global Polyimide Fibers MarketAs 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.

Global Polyimide Fibers Market Segment Analysis:

Based on Application, the polyimide fibers market is segmented as, flexible cables, filter media, insulation, and protective coatings. In 2020, 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. Global Polyimide Fibers MarketBased on End-Use, the polyimide fibers market is segmented as follows, electronics industry, chemical industry, aerospace industry, automotive industry, and textile industry. In 2020, 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.

Global Polyimide Fibers Market Regional Insights:

In 2020, North America led the market 2020, 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.

Global Polyimide Fibers Market Scope: Inquire before buying

Global Polyimide Fibers Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 0.302 Bn.
Forecast Period 2021 to 2027 CAGR: 4.91% Market Size in 2027: US $ 0.422 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

Global Polyimide Fibers Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global 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. What is the forecast period considered for the Polyimide Fibers market report? Ans. The forecast period for the global polyimide fibers market is 2021-2027. 2. Which key factors are hindering the growth of the Polyimide Fibers market? Ans. The high cost of polyimide fiber and complicated production process along with moderately fragmented market are key factors expected to hinder the market growth during the forecast period. 3. What is the compound annual growth rate (CAGR) of the Polyimide Fibers market for the next 6 years? Ans. The global polyimide fibers market is expected to grow at a CAGR of 4.91% during the forecast period (2021-2027). 4. What are the key factors driving the growth of the Polyimide Fibers market? Ans. The surging consumption of polyimide fibers in the production of protective coatings and space research and development are the key factors expected to drive the growth of the market during the forecast period. 5. Which are the worldwide major key players covered for the Polyimide Fibers market report? Ans. 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, and Others.
1. Global Polyimide Fibers Market: Research Methodology 2. Global Polyimide Fibers Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Polyimide Fibers Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Polyimide Fibers Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Polyimide Fibers Market Segmentation 4.1. Global Polyimide Fibers Market, by Application (2020-2027) • Flexible Cables • Filter Media • Insulation • Protective Coatings 4.2. Global Polyimide Fibers Market, by End-Use (2020-2027) • Electronics Industry • Chemical Industry • Aerospace Industry • Automotive Industry • Textile Industry 5. North America Polyimide Fibers Market (2020-2027) 5.1. Global Polyimide Fibers Market, by Application (2020-2027) • Flexible Cables • Filter Media • Insulation • Protective Coatings 5.2. Global Polyimide Fibers Market, by End-Use (2020-2027) • Electronics Industry • Chemical Industry • Aerospace Industry • Automotive Industry • Textile Industry 5.3. North America Polyimide Fibers Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Polyimide Fibers Market (2020-2027) 6.1. European Polyimide Fibers Market, by Application (2020-2027) 6.2. European Polyimide Fibers Market, by End-Use (2020-2027) 6.3. European Polyimide Fibers Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Polyimide Fibers Market (2020-2027) 7.1. Asia Pacific Polyimide Fibers Market, by Application (2020-2027) 7.2. Asia Pacific Polyimide Fibers Market, by End-Use (2020-2027) 7.3. Asia Pacific Polyimide Fibers Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Polyimide Fibers Market (2020-2027) 8.1. The Middle East and Africa Polyimide Fibers Market, by Application (2020-2027) 8.2. The Middle East and Africa Polyimide Fibers Market, by End-Use (2020-2027) 8.3. The Middle East and Africa Polyimide Fibers Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Polyimide Fibers Market (2020-2027) 9.1. Latin America Polyimide Fibers Market, by Application (2020-2027) 9.2. Latin America Polyimide Fibers Market, by End-Use (2020-2027) 9.3. Latin America Polyimide Fibers Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Jiangsu Shino New Materials Technology Co. Ltd. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Jiangsu Aoshen Hi Material Co. 10.3. Changchun Hipolyking Co., Ltd. 10.4. Ningbo Yide Fine Chemical Co., Ltd. 10.5. Lirsot Ltd. 10.6. Swicofil 10.7. Shandong Xingye Environmental Technology Corp. 10.8. Jiangsu Jinqiao Salt International Trade Co. Ltd. 10.9. Baoding Sanyuan Textile Technology Co. Ltd. 10.10. Shanghai Easun Group Imp & Exp Co., Ltd. 10.11. Xiamen Meidasi Environmental Protection Industry Co. Ltd. 10.12. Evonik Industries AG 10.13. Bannor Industrial Co. Ltd. 10.14. Bieglo GmbH 10.15. iXBlue Photonics Besancon 10.16. Others

About This Report

Report ID128296
Category Material & Chemical
Published DateNov 2021
Updated Date
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