The global high-performance fiber industry value is expected to increase from US$ 16,042.3 million in 2023 to US$ 34,283.7 million by 2033. By 2033, the market is projected to surge at a CAGR of 7.9%. High-performance fibers find extensive use in the aerospace, defense, automotive, sports, leisure, and textile industries. They enhance performance, durability, and safety in applications ranging from aircraft components and body …
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High-Performance Fiber Market Fueled by Robust 7.9% CAGR Surge: Versatile Applications in Aerospace, Automotive, and Construction Fuel Growth
The global high-performance fiber market value is expected to increase from US$ 16,042.3 million in 2023 to US$ 34,283.7 million by 2033. By 2033, the market is projected to surge at a CAGR of 7.9%. High-performance fibers find extensive use in the aerospace, defense, automotive, sports, leisure, and textile industries. They enhance performance, durability, and safety in applications ranging from aircraft components and body …