Advanced Fibers and Composites
The market intelligence on fibers and composites traces the wide variety of fabrics in use as well as the development of new fabrics and composites.
The fiber and advanced composites markets have been growing at a rapid pace, spurring numerous studies around them.
The study of advanced fibers and composites involves understanding the various types of fabrics available on the market and the applications for which they can be used. BIS Research examines the feasibility of the ?ber market and advanced composites market with respect to theavailability, cost, and fabric attributes. Advanced fibers and composite materials have high specific strengths and stiffness which when combined with automatic production techniques, allow for the fabrication of lightweight and cost-effective composite structures. Because of their high strength and low weight, these are becoming increasingly important in a variety of industries.
In the business world, the fiber industry enjoys significant margins. However, this achievement does not come easily. To keep such margins, the industry relies on the fiber and advanced composites markets and must constantly and consistently innovate.
These innovations not only need to be supportive of the high demand for pleasing aesthetics seen by these industries but also need to solve practical challenges. To successfully support these innovations, the currently available fabrics and composites must be researched and improved.
Different fabrics are used for different purposes; for instance, the use of synthetic suede is increasing, particularly in high-end fashion and furniture products. Similarly, modern fiber composites are used to construct resilient structures that can withstand extreme temperatures and pressure. For instance, carbon fiber composites are rapidly expanding due to the product's increasing penetration in the aerospace industry. In addition, the use of this material to reinforce existing structures has found several practical applications.
The fiber market and advanced composites market reports by BIS Research are all devoted to a deeper understanding of such composites, fibers, and fabrics. These reports show the business viability of these materials, new technologies being used to innovate with these products, and the general scope of their implementation based on their accessibility and affordability, in addition to giving a bird's-eye view of how these materials can benefit businesses.
Most businesses categorized under fibers and composites markets show signs of growth. Securing the right position and making the right decisions can help secure a lucrative portion of these industries' growth.
For instance, the anti-viral fabric market is expected to grow at a significant pace in the coming years. The fabric technology that is used in the manufacturing of products such as PPE kits, face masks, and linens has already experienced a tremendous boost in the past year.
Furthermore, advanced fiber and composites manufacturers are entering into supply agreements with various end-use industries in order to secure their positions in the market. For instance, in July 2022, Hexcel signed a long-term agreement with Dassault to supply carbon fiber prepreg for the Falcon 10X program. Dassault business jet will use high-performance advanced carbon fiber composites in the manufacture of its aircraft wings.
BIS Research not only tracks the growth of these industries but also contributes to a better understanding of the materials being researched. BIS Research studies highlight various factors expected to influence the growth of these global markets, such as total addressable market and expected adoption rate.