Polyimide Fiber Market trends research and projections for 2019 - 2025

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Polyimide Fiber Market Growth Outlook with
Industry Review and Forecast 2019-2025
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Global Market Scenario of Polyimide Fiber
Industry

• Polyimide fiber market size will experience
  positive growth within the forecast timespan.
  These synthetic fibers possess superior strength
  and excellent heat-resistant characteristics.
  They are produced by a two-step process involving
  aromatic diamines and aromatic tetracarboxylic
  dianhydrides.
• They are preferred for applications where
  resistance to high temperature, wear, corrosion
  and creep is necessary. They offer exceptional
  performance during short-term exposure of 1000?F
  (550?C) as well as continuous use of high
  temperatures up to 500?F (260?C). They are
  primarily used for protective clothing and high
  temperature filtration industrial insulation
  applications. Moreover, they are used as a
  composite material for various applications.
• The polyimide fiber market will be driven by
  increasing demand from electronics industry. The
  product is used for high performance flexible
  cables and medical tubing. Additionally, it is
  used as an insulating film for magnet wire. It is
  lightweight, heat chemical resistant and
  flexible thereby perfectly suitable for various
  applications.
• Urbanization and advent of technology will
  characterize the electronics industry in upcoming
  years. Research and development activities
  supported by huge investments are likely to give
  rise to high-performance electronic systems and
  components. Such trends will create ample number
  of opportunities for polyimide fibers within
  electronics sector and accelerate the pace of its
  market growth during the forecast time span.

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• Regional Trends-
• Asia Pacific will capture significant market
  share within the forecast period. The significant
  growth will be attributable to flourishing
  electronics industry within this region.
  Favorable government policies coupled with huge
  government expenditures will trigger the growth
  of electronics sector between the forecast
  period. Such trends will surge the demand of
  polyimide fibers in upcoming years.
• North America will clutch considerable market
  share in future due to positive outlook of
  chemical industry. Massive investments and
  capacity expansions associated with regional
  chemical industry will catapult the market growth
  in coming years. Space agencies of both of these
  regions such as ISRO and NASA have proposed many
  space expeditions over the next few years. This
  will generate high product demand as these fibers
  are extensively used in spacecrafts due to their
  low weight and ability to work over wide
  temperature range.

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• Competitive Trends
• Some of the key players in polyimide fiber market
  are Evonik Industries AG, BIEGLO GmbH, Swicofil
  AG, Bannor Industrial Co., Ltd., iXBlue Photonics
  Besançon, Jiangsu Shino New Materials
  Technology Co., Ltd. and Changchun Gao Qi
  polyimide material Co., Ltd.

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