Market Overview:
The global oxidized PAN fiber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oxidized PAN fiber in various end-use applications, such as automobiles, railways, ships, elevators, aircrafts and others. Additionally, the growing demand for lightweight and high-strength materials is also fueling the growth of this market. Based on type, the global oxidized PAN fiber market can be segmented into LOI 45%-50%, LOI 51%-55%, LOI 56%-60% and others. Among these segments, LOI 56%-60% is expected to witness highest growth during the forecast period owing to its superior properties such as high strength-to-weight ratio and excellent thermal stability. Based on application, the global oxidized PAN fiber market can be segmented into automotive industry; railway industry; shipbuilding industry; elevator & escalator industry; aircraft manufacturing industry and others (including construction & infrastructure). The automotive sector is projected to account for a major share of this market in terms of revenue during 2018–2030 owing to increasing demand for lightweight vehicles across different regions worldwide.
Product Definition:
Oxidized PAN fiber is a type of synthetic fiber that has been treated with oxygen to create a porous structure. This porous structure allows the fiber to absorb and retain liquids, which makes it ideal for use in products such as diapers and sanitary napkins.
LOI 45%-50%:
LOI 45%-50% is a new term in the market, which was created to define the level of linear oxygen index (LIO) of 50% or more. The higher LIO value provides better performance than standard 35%-40% LOI products.
The key driver for this market is its ability to provide high-performance at an economical cost when compared with other fiber optic solutions available in the market.
LOI 51%-55%:
LOI is Low-order Independent, a property which allows the fiber to operate at lower temperatures than other fibers of the same type. The operating temperature range for low order independent fibers is from room temperature to 300°C.
At high power levels (P > 0.5), the output power tends to be higher than that at mid.
Application Insights:
Automobile was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The product has excellent properties such as high tensile strength, good wear resistance, and flexibility which makes it a suitable material for manufacturing automobile mufflers. These factors are likely to drive demand from this application segment over the forecast period.
The railway industry is also anticipated to witness significant growth owing to rising passenger traffic and freight volumes across various regions including Europe, Asia Pacific, North America and Latin America. Oxidized PAN fiber offers several advantages including low weight reduction of trains compared with steel or aluminum alloys; better ride quality due to lower vibrations; reduced maintenance costs due to low friction coefficient; increased speed by about 5% as compared with conventional steel wheels on railways tracks; improved aesthetics by reducing graffiti & dirt accumulation on wheel axles etc.; along with other benefits such as cost-effectiveness in comparison with traditional materials used for manufacturing railway wheelsets.
Regional Analysis:
Asia Pacific oxidized PAN fiber market led the global industry and accounted for over 40% of the total revenue in 2016. The region is expected to dominate the market throughout the forecast period owing to increasing demand from end-use industries such as automotive, railway, ship and aircraft.
The presence of key automobile manufacturers including Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; Mazda Motor Corp.; SuzukiMotor Corporation; Isuzu Motors Ltd.; Mitsubishi Electric Factory (MELIEC) Inc.; Changan Automobile Group Co., Ltd; Dongfeng Motor Corporation Company, etc has resulted in high product demand from automobiles sector in China. In addition, rising disposable income coupled with rapid urbanization & industrialization is anticipated to fuel product consumption across Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand from aerospace and defense sector: The global aerospace and defense sector is expected to grow at a CAGR of more than 5% during the forecast period. This is owing to the increasing demand for new aircraft, rising passenger traffic, and replacement of aging aircraft fleet. Oxidized PAN fiber is used in various applications in the aerospace and defense sector such as airframe, engine parts, landing gear, control surfaces, etc. Thus, the increasing demand for oxidized PAN fiber from this sector is expected to drive its market growth during the forecast period.
- Growing automotive industry: The global automotive industry is projected to grow at a CAGR of more than 4% during 2018-2024 due to factors such as rising disposable income levels coupled with changing consumer preferences towards advanced technologies in vehicles. Oxidized PAN fiber finds application in various components of an automobile such as chassis & body parts (doors), underbody systems (fuel tanks), powertrain system (engine mounts), interior trim components (seats), etc., which are required for safety & performance enhancement purposes. Thus, growing automotive industry worldwide would fuel the growth of oxidized PAN fiber market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oxidized PAN Fiber Market Research Report
By Type
LOI 45%-50%, LOI 51%-55%, LOI 56%-60%, Others
By Application
Automobile, Railway, Ship, Elevator, Aircraft, Others
By Companies
Toray, SGL Carbon, Teijin Carbon, YF International, Mitsubishi Chemical Carbon Fiber and Composites, Inc, Toray
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Oxidized PAN Fiber Market Report Segments:
The global Oxidized PAN Fiber market is segmented on the basis of:
Types
LOI 45%-50%, LOI 51%-55%, LOI 56%-60%, Others
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
Automobile, Railway, Ship, Elevator, Aircraft, 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:
- Toray
- SGL Carbon
- Teijin Carbon
- YF International
- Mitsubishi Chemical Carbon Fiber and Composites, Inc
- Toray
Highlights of The Oxidized PAN Fiber 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:
- LOI 45%-50%
- LOI 51%-55%
- LOI 56%-60%
- Others
- By Application:
- Automobile
- Railway
- Ship
- Elevator
- Aircraft
- 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 Oxidized PAN Fiber 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.
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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?
Oxidized PAN fiber is a type of fiber optic cable that has been damaged by exposure to air and light. The damage can cause the fibers to break, which results in decreased transmission speed and poorer signal quality.
Some of the key players operating in the oxidized pan fiber market are Toray, SGL Carbon, Teijin Carbon, YF International, Mitsubishi Chemical Carbon Fiber and Composites, Inc, Toray.
The oxidized pan fiber 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 Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oxidized PAN Fiber 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 Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size & Forecast, 2018-2028
4.5.1 Oxidized PAN Fiber Market Size and Y-o-Y Growth
4.5.2 Oxidized PAN Fiber Market Absolute $ Opportunity
Chapter 5 Global Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size Forecast by Type
5.2.1 LOI 45%-50%
5.2.2 LOI 51%-55%
5.2.3 LOI 56%-60%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Railway
6.2.3 Ship
6.2.4 Elevator
6.2.5 Aircraft
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oxidized PAN Fiber 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 Oxidized PAN Fiber 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 Oxidized PAN Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size Forecast by Type
9.6.1 LOI 45%-50%
9.6.2 LOI 51%-55%
9.6.3 LOI 56%-60%
9.6.4 Others
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 Oxidized PAN Fiber Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Railway
9.10.3 Ship
9.10.4 Elevator
9.10.5 Aircraft
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 Oxidized PAN Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size Forecast by Type
10.6.1 LOI 45%-50%
10.6.2 LOI 51%-55%
10.6.3 LOI 56%-60%
10.6.4 Others
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 Oxidized PAN Fiber Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Railway
10.10.3 Ship
10.10.4 Elevator
10.10.5 Aircraft
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 Oxidized PAN Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size Forecast by Type
11.6.1 LOI 45%-50%
11.6.2 LOI 51%-55%
11.6.3 LOI 56%-60%
11.6.4 Others
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 Oxidized PAN Fiber Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Railway
11.10.3 Ship
11.10.4 Elevator
11.10.5 Aircraft
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 Oxidized PAN Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Oxidized PAN Fiber 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 Oxidized PAN Fiber Market Size Forecast by Type
12.6.1 LOI 45%-50%
12.6.2 LOI 51%-55%
12.6.3 LOI 56%-60%
12.6.4 Others
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 Oxidized PAN Fiber Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Railway
12.10.3 Ship
12.10.4 Elevator
12.10.5 Aircraft
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) Oxidized PAN Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oxidized PAN Fiber 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) Oxidized PAN Fiber Market Size Forecast by Type
13.6.1 LOI 45%-50%
13.6.2 LOI 51%-55%
13.6.3 LOI 56%-60%
13.6.4 Others
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) Oxidized PAN Fiber Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Railway
13.10.3 Ship
13.10.4 Elevator
13.10.5 Aircraft
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 Oxidized PAN Fiber Market: Competitive Dashboard
14.2 Global Oxidized PAN Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray
14.3.2 SGL Carbon
14.3.3 Teijin Carbon
14.3.4 YF International
14.3.5 Mitsubishi Chemical Carbon Fiber and Composites, Inc
14.3.6 Toray
