San Francisco, California, May 31, 2018: According to a recent market research report by TMR Research, the global market for polyimide fibers will expand at a steady yet moderate pace over the period between 2017 and 2025. The report, titled “Polyimide Fiber Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” presents a detailed and professional overview of the current state of development of the market and forecasts the potential future growth trajectory of the market over the period between 2017 and 2025.
The vast usage of polyimide fibers in the manufacture of dust filtering media is the key factor working in the favor of the market. Owing to a steady rise in the number of stringent government regulations pertaining to regulation of emissions from different industries, along with the increased demand from the thriving cement and mining industries where polyimide fibers find usage for the filtration of hot gases, the market is expected to pick pace.
Other key uses of polyimide fibers are seen in fiber reinforced composites for spacecraft, automobiles, high temperature filtration, protective clothing, and thermal insulation. Polyimide fibers are also used in coal-fired power plants and waste incinerators for filtering hot gases through a polyimide needle felt. Despite their use mostly in filtering applications, the market for polyimide fibers is also expected to benefit massively from the increased use of polyimide fibers in protective clothing for army personnel, industry workers, and fire fighters owing to their excellent mechanical strength, flame retardant property, and chemical resistance.
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From a geographical standpoint, the market for polyimide fiber has been covered for regions such as North America, Europe, Asia Pacific, and Middle East and Africa. The report presents detailed analysis of key market segments and their growth prospects in these regional markets.
Some of the leading companies in the market are HiPolyking, Aoshen, Jiangsu Shino, and Evonik.