The global demand for Polybenzimidazole Fiber Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Polybenzimidazole fiber is a synthetic fiber and has exceptional chemical and thermal stability, high stability at elevated temperatures and low melting point. It is has high moisture content and is inflammable in air. It is generally used in protective wears such as aeronautical suits, protective gloves, aircraft wall fabrics, welders’ apparel, and protective gloves. Polybenzimidazole fiber is produced through the dry spinning process by utilizing tetra-aminobiphenyl, dimethylacetamide as solvent and diphenyl isophthalate as reactants.
Rise in demand for safety apparel, usually in aerospace and defense industry, is a key factor driving the market. It does not show any melting point and holds strength even when visible to high temperature. Moreover, demand for this fiber is expanding in the manufacture of protective apparel such as protective gloves, welders’ apparel, fire fighter suits, and astronaut space suits owing to its high thermal and chemical stability. This is further anticipated to boost the demand for market during the forecast time. High production cost in comparison to the other synthetic fibers restraining the market in the upcoming years. Increase in R&D coupled with mergers & acquisitions may offer ample opportunities to manufacturers in the near future.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application and product segments in the global market of polybenzimidazole fiber.
The entire polybenzimidazole fiber market has been sub-categorized into application and type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Aerospace & Defense
- PBI Staple Fiber
- PBI Filament
This section covers regional segmentation which accentuates on current and future demand for market polybenzimidazole fiber across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Polybenzimidazole Fiber Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polybenzimidazole fiber market include Mitsubishi Chemical Advanced Materials, Bally Ribbon Mills Inc., PBI Advanced Materials Co., Ltd., Atkins & Pearce, Inc., and PBI Performance Products, Inc.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.