Lucintel Forecasts The Global Polybenzoxazole Fiber Market To Grow With A Cagr Of 7.8% From 2024 To 2030

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According to a market report by Lucintel, the future of the global polybenzoxazole fiber market looks promising with opportunities in the military application, space elevators, motorsport application, and conductive textile markets. The global polybenzoxazole fiber market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing demand from aerospace and defense sectors, PBO fibers boast extraordinary tensile strength and modulus, exceeding even carbon fiber in some aspects, and increasing adoption in automotive and sports equipment.
A more than 150-page report to understand trends, opportunity and forecast in global polybenzoxazole fiber market to 2030 by type (4, 6-diammino resorcinol and terephthaloyl chloride), application (military application, space elevators, motorsport applications, conductive textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category terephthaloyl chloride is expected to witness higher growth over the forecast period due to terephthaloyl chloride being ...
... a more readily available raw material, with numerous producers and established supply chains.
Within the application category, military applications will remain the largest segment due to increasing demand for high-performance ballistic protection vests and helmets.
Download sample by clicking on polybenzoxazole fiber market.
In terms of regions, North America will remain the largest region due to the enhanced strength-to-weight ratio, as well as higher stiffness given by such fibers to aerospace, military, and other industrial components is driving the market growth in the region.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the polybenzoxazole fiber 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.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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