Title: Specialty Synthetic Fibers & Glass Fiber Market by Types, Applications & Geography - Global Trend & Forecast to 2018
1Specialty Synthetic Fibers Glass Fiber Market
by Types, Applications Geography
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2 Summary
The specialty synthetic fibers and glass fiber
market had a consumption of 4,652,100.2 MT in
2012, with the highest share held by Glass fiber.
The global market is projected to grow at a CAGR
of 5.2 from 2013 to 2018. The highest revenue is
forecasted to be for glass fiber, owing to the
low pricing as compared to other specialty
synthetic fibers, growing application markets,
availability of raw material sand huge production
scale especially in China. Carbon Fiber is
expected to have the highest growth of 10.2 from
2013 to 2018. The para aramids and meta aramids
are expected to share together 18.6 of the
revenue by 2018, growing at the rates of 6.9 and
4.9, respectively between 2013 and 2018.
3DuPont (U.S.), Teijin Limited (Japan), Toho Tenax
(Japan), Toray Industries Inc. (Japan),
Mitsubishi Rayon Co. Ltd (Japan), Royal DSM (The
Netherlands), Honeywell International Inc.
(U.S.), Owens Corning (U.S.), and Jushi Group
(China) are the major active players in the
specialty synthetic fibers and glass fiber
market. These companies showed the highest
strategy adoptions amongst other players in the
global specialty synthetic fibers and glass fiber
market. From 2010 to 2013, new product
launch/development was observed as the major
growth strategy adopted by the specialty
synthetic fibers and glass fiber companies,
accounting for a share of 28 overall.
4In November 2013, DSM Dyneema unveiled new
Dyneema Force Multiplier Technology products that
offer improved performance up to 25 higher
ballistic protection while decreasing weight by
up to 20. Similarly in September, 2013 Teijin
Aramid developed Twaron T765, new fabric for
anti-ballistic spall liner to safeguard military
vehicles such as tanks, trucks, and armored
personnel carriers and passengers in DESI show,
London, U.K. The industry players are looking for
acquisitions to increase the reach, and also
enhance their penetration in the market. In May
2013, Owens Corning signed a deal with Japan
based Tanaka Kikinzoku Kogyo K.K and Tanaka
Kikinzoku International K. K. to buy Tanaka
Kikinzoku (Suzhou) Co., Ltd (TKS), producer of
glass fiber bushings and other parts.
5This transaction enhanced the companys product
offering in the fast growing glass fiber market
of China. Major companies offering specialty
synthetic fibers and glass fiber are actively
involved in launching new products in the market
by investing in RD. Irrespective of the
companys size, all the market participants are
actively investing in developing new products and
delivering them to the market. The manufacturing
companies are leveraging distribution networks of
major companies by entering in to strategic
supply and distribution agreements. In this way,
companies are able to explore new markets and
penetrate into the existing markets with highly
efficient products.
6Table Of Content
- TABLE OF CONTENTS
- INTRODUCTION
- Executive Summary
- PREMIUM INSIGHTS
- MARKET OVERVIEW
- GLOBAL ARAMID MARKET
- GLOBAL UHMW POLYETHYLENE MARKET
- GLOBAL CARBON FIBER MARKET
- GLOBAL PARTIALLY OXIDIZED POLYACRYLONITRILE
MARKET - OTHERS SPECIALTY SYNTHETIC FIBERS MARKET
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9- To know more
- Specialty Synthetic Fibers Glass Fiber Market
by Types, Applications Geography - Global Trend
Forecast to 2018
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