Market Overview:
The global HMPE fibers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-performance fibers across various industries such as national defense & aerospace, chemical industry, food industry, electronics industry, agriculture industry and others. In terms of type, the dry process segment is expected to hold a major share of the global HMPE fibers market during the forecast period. This can be attributed to its advantages such as low manufacturing cost and easy handling & processing when compared with wet process segment.
Product Definition:
High-modulus polyethylene (HMPE) fibers are created through a chemical process that produces a very strong and stiff fiber. HMPE fibers are often used in sports equipment, such as tennis rackets and golf clubs, because of their high strength and ability to resist stretching. They are also commonly used in textiles, such as ropes and sails, because of their durability.
Dry Process:
Dry process or dry fiber is a type of high-molecular-weight polyethylene terephthalate (HMPE) fiber. It has been the most widely used thermoplastic in the manufacturing of clothes and other textile products due to its superior properties such as abrasion resistance, chemical stability, and easy dyeing & printing ability.
Wet Process:
The wet process is used to manufacture high-molecular-weight polyethylene (HMPE) fibers. It includes the steps of polymerization and separation of the product. The major application areas include packaging, construction, consumer goods, industrial applications such as filtration and insulation are some other uses for HMPE fibers which include medical sutures & staplers., textile yarns & fabrics., automotive components such as auto parts and wire harnesses among others.
Application Insights:
The electronics industry held the largest market share of over 30% in 2017. The product is widely used in electronic applications including semiconductors, super capacitors, and printed circuit boards. The growing demand for high-performance materials from various end-use industries such as aerospace & defense is expected to drive the global HMPE fibers market growth over the forecast period.
The chemical industry also holds a significant share owing to increasing demand for specialty chemicals with enhanced properties such as higher strength and heat resistance. In addition, these products are utilized in manufacturing processes that require extreme pressure or temperature resistance which further propels their demand from various end-use industries across diverse applications areas globally.
Regional Analysis:
North America dominated the global HMPE fibers market in terms of revenue share in 2016. The growth is attributed to the presence of major aircraft manufacturers such as Boeing and Lockheed Martin, which use high-performance materials for manufacturing aircraft parts. In addition, increasing defense spending by countries such as the U.S., China and Russia is expected to drive demand over the forecast period.
The Asia Pacific region accounted for a significant share owing to rapid industrialization and urbanization resulting from an increase in disposable income among middle-class populations especially in developing economies including China, India, Thailand.
Growth Factors:
- Increasing demand from textile and apparel industry: The global textile and apparel industry is expected to grow at a CAGR of 3.8% from 2016 to 2021. This will result in an increase in the demand for high-performance fibers, such as HMPE fibers, which are used in the production of high-quality textiles and apparels.
- Growing popularity of outdoor activities: The growing popularity of outdoor activities, such as hiking, camping, skiing, and snowboarding is resulting in an increase in the demand for performance fabrics that offer superior breathability and insulation properties. HMPE fibers are well suited for use in these applications due to their excellent thermal insulation properties and moisture management capabilities.
- Rising awareness about health & fitness: There has been a rising awareness among people about the importance of leading a healthy lifestyle through regular exercise and eating healthy foods. This has led to an increase in the demand for sports clothing made from high-performance fabrics like HMPE fibers that can help improve athletic performance by providing better breathability, comfort, and support than traditional fabrics materials like cotton or polyester blends .
Scope Of The Report
Report Attributes
Report Details
Report Title
HMPE Fibers Market Research Report
By Type
Dry Process, Wet Process
By Application
National Defense & Aerospace, Chemical Industry, Food Industry, Electronics Industry, Agriculture Industry, Others
By Companies
Honeywell, DSM, Toyobo, Mitsui, Honeywell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global HMPE Fibers Market Report Segments:
The global HMPE Fibers market is segmented on the basis of:
Types
Dry Process, Wet Process
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
National Defense & Aerospace, Chemical Industry, Food Industry, Electronics Industry, Agriculture Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- DSM
- Toyobo
- Mitsui
- Honeywell
Highlights of The HMPE Fibers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Process
- Wet Process
- By Application:
- National Defense & Aerospace
- Chemical Industry
- Food Industry
- Electronics Industry
- Agriculture Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HMPE Fibers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HMPE Fibers are a type of fiber optic cable that is specifically designed for high-speed data transmission. HMPE Fibers can support speeds of up to 10 gigabits per second, which is more than three times the speed of standard fiber optic cables. This makes HMPE Fibers ideal for use in high-traffic areas such as corporate campuses and hospitals.
Some of the major companies in the hmpe fibers market are Honeywell, DSM, Toyobo, Mitsui, Honeywell.
The hmpe fibers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HMPE Fibers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HMPE Fibers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HMPE Fibers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HMPE Fibers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HMPE Fibers Market Size & Forecast, 2020-2028
4.5.1 HMPE Fibers Market Size and Y-o-Y Growth
4.5.2 HMPE Fibers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry Process
5.2.2 Wet Process
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 National Defense & Aerospace
6.2.2 Chemical Industry
6.2.3 Food Industry
6.2.4 Electronics Industry
6.2.5 Agriculture Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HMPE Fibers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HMPE Fibers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry Process
9.6.2 Wet Process
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 National Defense & Aerospace
9.10.2 Chemical Industry
9.10.3 Food Industry
9.10.4 Electronics Industry
9.10.5 Agriculture Industry
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry Process
10.6.2 Wet Process
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 National Defense & Aerospace
10.10.2 Chemical Industry
10.10.3 Food Industry
10.10.4 Electronics Industry
10.10.5 Agriculture Industry
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry Process
11.6.2 Wet Process
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 National Defense & Aerospace
11.10.2 Chemical Industry
11.10.3 Food Industry
11.10.4 Electronics Industry
11.10.5 Agriculture Industry
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry Process
12.6.2 Wet Process
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 National Defense & Aerospace
12.10.2 Chemical Industry
12.10.3 Food Industry
12.10.4 Electronics Industry
12.10.5 Agriculture Industry
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry Process
13.6.2 Wet Process
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 National Defense & Aerospace
13.10.2 Chemical Industry
13.10.3 Food Industry
13.10.4 Electronics Industry
13.10.5 Agriculture Industry
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HMPE Fibers Market: Competitive Dashboard
14.2 Global HMPE Fibers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 DSM
14.3.3 Toyobo
14.3.4 Mitsui
14.3.5 Honeywell
