The global graphene composite market is projected to reach $6,884.0 million by 2034 from $384.4 million in 2023, growing at a CAGR of 30.24% during the forecast period 2024-2034.
The rail composites market is projected to reach $3,843.6 million by 2034 from $1,809.8 million in 2023, growing at a CAGR of 6.92% during the forecast period 2024-2034.
The global hollow core optical fiber market is projected to reach $897.6 million by 2032 from $127.4 million in 2023, growing at a CAGR of 24.23% during the forecast period 2023-2032.
The global wood-plastic composites market is experiencing significant growth due to the increasing demand for sustainable and eco-friendly building materials.
The global large tow carbon fiber market is projected to reach $1,960.3 million by 2031 from $630.4 million in 2022, growing at a CAGR of 13.43% during the forecast period 2022-2031.
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The global high-performance textile market is projected to reach $26,081.1 million by 2031 from $9,604.4 million in 2021, growing at a CAGR of 9.3% during the forecast period 2022-2031.
The global organosheet and semi-finished thermoplastic UD-tape laminate market was valued at $596.8 million in 2021 and is projected to reach $1,672.4 million by 2031.
The global SiC fibers market is expected to reach $2,519.2 million by 2031, with a CAGR of 19.3% during the forecast period of 2021-2031.
The high-end synthetic suede market is expected to reach $2,066.9 million by 2031, with a CAGR of 5.41% during the forecast period 2021-2031.
The global anti-viral fabric market is expected to grow at a significant rate in various end-use applications with a total addressable market size of $226.92 billion in 2020.
The organosheet and semi-finished thermoplastic UD-tape laminate Industry analysis by BIS Research projects the market to grow at a significant CAGR of 10.03% based on value during the forecast period from 2020 to 2030.
The global heating fabrics market accounted for $584.8 million in 2019 and is expected to reach $1.0 billion by 2025.
The global high-end synthetic suede industry analysis done by BIS Research is expected to witness growth at a CAGR of 5.96% in terms of value, during the forecast period from 2019 to 2029.
The global graphene-enhanced composites market is expected to grow at a CAGR of 28.3% and 30.6% between 2018 and 2023 in terms of value and volume, respectively.
The global CFC market for the aerospace industry is expected to grow at a CAGR of 5.1% from 2018 to 2023.
The global continuous fibre composites market is expected to reach $3,448.4 million by 2022, growing at a CAGR of 5.5% between 2017 and 2022.
The global CNT market worth $ 700 million in 2015, is estimated to grow at a CAGR of 16.8 % over the period of 2016-2022, hitting $2,070.5 million by 2022. Wide applications of these materials across polymers, electrical & electronics, and energy industries are likely to drive the market growth over the forecast period.
The composite material market for unmanned systems reported a revenue of $1.24 billion in 2015 with carbon fiber segment accommodating for the highest revenue by 2021.
The organosheet and semi-finished thermoplastic UD-tape laminate Industry analysis by BIS Research projects the market to grow at a significant CAGR of 10.03% based on value during the forecast period from 2020 to 2030.
The organosheet and semi-finished UD tape laminate Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 12.98%, in terms of value during the forecast period from 2019 to 2029.
The global high-end synthetic suede industry analysis done by BIS Research is expected to witness growth at a CAGR of 5.96% in terms of value, during the forecast period from 2019 to 2029.
The global graphene-enhanced composites market is expected to grow at a CAGR of 28.3% and 30.6% between 2018 and 2023 in terms of value and volume, respectively.
The global continuous fibre composites market is expected to reach $3,448.4 million by 2022, growing at a CAGR of 5.5% between 2017 and 2022.
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Advanced Fibers and Composites
Advanced Fiber and Composite Market & Industry Overview
The intersection of the Fiber and Composite industries defines the dynamic landscape of the Advanced Fiber and Composite Market. In the Fiber industry, innovation in materials like carbon, aramid, and glass fibers drives the development of high-performance composites. These materials find extensive applications in sectors ranging from aerospace and automotive to construction and sports equipment. As industries seek lightweight, durable, and sustainable solutions, advanced fibers and composites emerge as the cornerstone of technological evolution. The Composite industry harnesses the synergy between fibers and matrices to create materials with superior strength-to-weight ratios and tailored properties.
Our research report delves into this symbiotic relationship, exploring trends, challenges, and opportunities in the Advanced Fiber and Composite Market. From nanocomposites to bio-based fibers, we navigate the intricate landscape, offering insights for stakeholders in manufacturing, construction, and various high-tech sectors. With a focus on technological advancements, market dynamics, and key players, our comprehensive report provides a panoramic view of the evolving market. Whether in aerospace components, automotive structures, or renewable energy applications, the Advanced Fiber and Composite Market stands as a catalyst for innovation, shaping the future of materials in diverse industries.
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 fiber market and advanced composites market with respect to the availability, 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.
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.
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“BIS research has been a great support to our strategic investigation in the field of thermoplastic composite. BIS did manage to bring together a clear picture on a global level, supported by examples and references and they delivered an accurate evaluation of the current market size and potential in the coming years in line with our expectations. I warmly recommend them.”
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