Lucintel Forecasts the Global Fiber Sizing Market to Reach $822 Million by 2030
Lucintel Forecasts the Global Fiber Sizing Market to Reach $822 Million by 2030
Blog Article
According to a market report by Lucintel, the future of the global fiber sizing market looks promising with opportunities in various transportation, pipe and tank, construction, electrical and electronics, wind energy, consumer goods, and marine end uses. The global fiber sizing market is expected to reach an estimated $822 million by 2030 from $655 million in 2023 at a CAGR of 3% from 2023 to 2030. The major drivers for this market are increasing demand for reinforced composite materials and the performance benefits of sizing in fiber.
Browse 100 figures/charts and 130 tables in this 190-page report to understand trends, opportunity and forecast in fiber sizing market to 2030 by end use (transportation, pipe and tank, construction, electrical and electronics, wind energy, consumer goods, marine, and others), component type (film former, coupling agent, additives and modifiers), fiber type (glass fiber, carbon fiber, and others), film former type (phenoxy film former, epoxy based film former, polyamide based film former, PP based film former, PU based film former, and other film former), and region (North America, Europe, Asia Pacific and the Rest of the World).
Lucintel forecasts that transportation will remain the largest end use industry by value and volume. Wind Energy is expected to witness the highest growth over the forecast period due to the growth in the demand for lightweight and high performance materials.
Glass fiber will remain the largest segment by value and volume. Sizing for carbon fiber is expected to witness the highest growth over the forecast period due to the growing demand for carbon fiber in different end uses.
Asia Pacific will remain the largest market for fiber sizing due to the presence of major glass and carbon fiber manufacturers in the region. ROW is expected to witness the highest growth rate over the forecast period due to increasing demand for composites.
Hexion, COIM, Michelman, Covestro, Polymer Chemistry Innovation Inc., Alliancys, and Evonik are the major suppliers in the fiber sizing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056