High Performance Fiber Market Growth Rate and Industry Analysis 2020-2025
The high performance fiber market offers a healthy growth opportunity and is likely to grow at a healthy CAGR during the forecast period of 2020 to 2025. Carbon fiber is likely to drive the global high performance fibers market mainly driven by increasing penetration in the automotive, aerospace & defense, and wind energy segments. High impact resistance, high specific strength and modulus, excellent corrosion resistance and fatigue resistance are the major drivers of high performance fibers market.
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