Market Overview:
The global oxidized polyacrylonitrile (OPAN) fiber market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for OPAN fiber in aviation, vehicle, and personal protection equipment applications. Additionally, the growing awareness about fire safety and its benefits is also propelling the demand for OPAN fibers in fire protection equipment applications. North America dominates the global oxidized polyacrylonitrile (OPAN) fiber market followed by Europe and Asia Pacific.
 Fiber Industry Outlook.svg)
Product Definition:
Oxidized polyacrylonitrile (OPAN) fiber is a synthetic fiber made from acrylonitrile, carbon dioxide, and oxygen. It is used to make fabrics that are resistant to fire and heat.
LOI 45%-50%:
LOI 45%-50% is a type of low-order laser beam used to cut thin films from a bulk material. It’s an important process in the manufacturing of fiber for several applications such as automotive, aerospace and defense, electronics, construction and packaging industries. The key driver for this market is increasing demand from end-use industries such as automotive & aerospace coupled with growing awareness regarding OPAN fibers benefits over other synthetic fibers available in the market today.
LOI 51%-55%:
LOI is the proportion of fiber required to obtain 55% of light-weight and 51% of high-strength fibers. It is a key parameter used in defining the quality for OPAN fiber. The value ranges from 40%-55%, with 50% being a neutral average.
The higher the LOI, typically, the better since it indicates that more material has been converted into high strength fibers compared to low strength ones.
Application Insights:
The vehicle application segment led the market and accounted for more than 30.0% share of the global revenue in 2017. The product is widely used in automotive body panels, owing to its excellent chemical resistance and high strength-to-weight ratio. It is also employed in hoods, roofs, doors and fenders for vehicles on account of its superior crash energy absorption characteristics.
Aviation has emerged as another key application segment for Opan fibers over the recent years owing to their lightweight properties that enhance fuel efficiency along with reducing emissions significantly compared to conventional aircraft materials such as aluminum alloys and composites.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key aircraft manufacturers such as Boeing, Airbus, and Shenzhen Aviation Industrial Co., Ltd. has resulted in high demand for oxidized polyacrylonitrile (OPAN) fiber from the aerospace industry. Increasing demand for commercial aircraft by China owing to rising passenger traffic is anticipated to drive product consumption over the forecast period.
The growing automotive industry in Asia Pacific countries such as India, China, Japan, South Korea and Taiwan has driven product consumption across various applications including vehicle interior lighting & signaling equipment; air conditioning systems; tires; brakes etc.). In addition OPAN fiber finds application across other end-use industries including medical devices & masks/gas masks due to its excellent moisture resistance properties (won’t rot).
Growth Factors:
- Increasing demand from textile and automotive industries: The global demand for OPAN fiber is projected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing use of this fiber in the textile and automotive industries.
- Rising awareness about environmental friendly products: There is an increasing awareness among consumers about environment-friendly products, which is expected to boost the demand for OPAN fibers in the coming years.
- Growing popularity of carbon fiber composites: Carbon fiber composites are increasingly being used in various applications due to their superior properties such as high strength-to-weight ratio and stiffness-to-weight ratio. This is likely to fuel the growth of the OPAN market in future.
- Technological advancements: The technological advancements taking place across different sectors are expected to create new opportunities for growth of the OPAN market during the forecast period. For instance, development of new production processes that result in reduced manufacturing costs is anticipated to boost market growth globally . 5) Stringent regulations pertaining to emissions from automobiles: Stringent regulations pertaining emissions from automobiles are being implemented by various governments across different regions worldwide, which will lead towards increased adoption rateofOPAN fibersinautomotive applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Oxidized Polyacrylonitrile (OPAN) Fiber Market Research Report
By Type
LOI 45%-50%, LOI 51%-55%, LOI 56%-60%
By Application
Aviation, Vehicle, PPE, Fire Protection Equipment, Other
By Companies
Zoltek, SGL Carbon, Teijin Carbon, Toray, MultivácuoAeroespacial, YF International, Mitsubishi Chemical
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Oxidized Polyacrylonitrile (OPAN) Fiber Market Report Segments:
The global Oxidized Polyacrylonitrile (OPAN) Fiber market is segmented on the basis of:
Types
LOI 45%-50%, LOI 51%-55%, LOI 56%-60%
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
Aviation, Vehicle, PPE, Fire Protection Equipment, Other
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:
- Zoltek
- SGL Carbon
- Teijin Carbon
- Toray
- MultivácuoAeroespacial
- YF International
- Mitsubishi Chemical
 Fiber Market Overview.svg)
Highlights of The Oxidized Polyacrylonitrile (OPAN) 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%
- By Application:
- Aviation
- Vehicle
- PPE
- Fire Protection Equipment
- Other
- 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 Polyacrylonitrile (OPAN) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Fiber Market Statistics.svg)
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 polyacrylonitrile (OPAN) fiber is a type of synthetic fiber made from a polymer that has been oxidized. This process makes the polymer more resistant to degradation, which can make OPAN fibers stronger and more durable than other types of synthetic fibers.
Some of the key players operating in the oxidized polyacrylonitrile (opan) fiber market are Zoltek, SGL Carbon, Teijin Carbon, Toray, Multiv¡cuoAeroespacial, YF International, Mitsubishi Chemical.
The oxidized polyacrylonitrile (opan) fiber market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size & Forecast, 2018-2028
4.5.1 Oxidized Polyacrylonitrile (OPAN) Fiber Market Size and Y-o-Y Growth
4.5.2 Oxidized Polyacrylonitrile (OPAN) Fiber Market Absolute $ Opportunity
Chapter 5 Global Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Type
5.2.1 LOI 45%-50%
5.2.2 LOI 51%-55%
5.2.3 LOI 56%-60%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Applications
6.2.1 Aviation
6.2.2 Vehicle
6.2.3 PPE
6.2.4 Fire Protection Equipment
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Type
9.6.1 LOI 45%-50%
9.6.2 LOI 51%-55%
9.6.3 LOI 56%-60%
9.7 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Applications
9.10.1 Aviation
9.10.2 Vehicle
9.10.3 PPE
9.10.4 Fire Protection Equipment
9.10.5 Other
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 Polyacrylonitrile (OPAN) Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Type
10.6.1 LOI 45%-50%
10.6.2 LOI 51%-55%
10.6.3 LOI 56%-60%
10.7 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Applications
10.10.1 Aviation
10.10.2 Vehicle
10.10.3 PPE
10.10.4 Fire Protection Equipment
10.10.5 Other
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 Polyacrylonitrile (OPAN) Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Type
11.6.1 LOI 45%-50%
11.6.2 LOI 51%-55%
11.6.3 LOI 56%-60%
11.7 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Applications
11.10.1 Aviation
11.10.2 Vehicle
11.10.3 PPE
11.10.4 Fire Protection Equipment
11.10.5 Other
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 Polyacrylonitrile (OPAN) Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Type
12.6.1 LOI 45%-50%
12.6.2 LOI 51%-55%
12.6.3 LOI 56%-60%
12.7 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Applications
12.10.1 Aviation
12.10.2 Vehicle
12.10.3 PPE
12.10.4 Fire Protection Equipment
12.10.5 Other
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 Polyacrylonitrile (OPAN) Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oxidized Polyacrylonitrile (OPAN) 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Type
13.6.1 LOI 45%-50%
13.6.2 LOI 51%-55%
13.6.3 LOI 56%-60%
13.7 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 Polyacrylonitrile (OPAN) Fiber Market Size Forecast by Applications
13.10.1 Aviation
13.10.2 Vehicle
13.10.3 PPE
13.10.4 Fire Protection Equipment
13.10.5 Other
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 Polyacrylonitrile (OPAN) Fiber Market: Competitive Dashboard
14.2 Global Oxidized Polyacrylonitrile (OPAN) Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoltek
14.3.2 SGL Carbon
14.3.3 Teijin Carbon
14.3.4 Toray
14.3.5 MultivácuoAeroespacial
14.3.6 YF International
14.3.7 Mitsubishi Chemical
