Outlook on the High Performance Fibers Global Market to 2025 – by Type, Application and Geography

Dublin, Jan. 19, 2021 (GLOBE NEWSWIRE) — The “High Performance Fibers Market” report has been added to ResearchAndMarkets.com’s offering.U.S has shown significant growth in the high-performance fibers market owing to increasing demand from applications such as automotive, defense and aviation industries.Properties such as durability, high tensile strength, flame and solvent resistant are the major factors driving the growth of high-performance fiber market.Increasing awareness for safety and security among people has also accelerated the growth of high-performance fiber market.Type- Segment AnalysisIn October 2019, Honeywell has launched Spectra Shield 6472, an expansion of its high performance hard armor suite of products for improved protection in military helmets.In August 2019, Toray Advanced Composites and BASF has signed an agreement for the production of continuous fiber reinforced thermoplastic (CFRT) tapes for the automotive and industrial markets.In February 2019, Teijin has acquired Renegade Materials Corporation and expanded carbon fiber intermediate material business for aerospace applications.In April 2018, Teijin expanded their carbon fiber operations in China and Taiwan with the establishment of Teijin Carbon Shanghai Co., Ltd. in Shanghai, China and Teijin Carbon Taiwan Inc. in Taipei, Taiwan.In February 2018, Toho Tenax Co., Ltd., has launched a new high-tensile and shock-resistant prepreg that incorporates carbon fiber.In November 2016 Adidas in collaboration with AMSilk has launched the first biodegradable high performance running shoe made with biosteel fiber.Key Topics Covered:CONTACT: ResearchAndMarkets.com
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