High-performance Fiber Market Size Worth Usd 25 Billion By 2030 At 8%
March 22, 2023 ⚊ 1 Min read ⚊ Views 63 ⚊ FOOD
Since there are so many different international and domestic companies competing in this industry, the level of competitiveness amongst the various producers is quite strong. Suppliers of raw materials are an integral part of the value chain since they provide the materials needed to produce fibers. PBO, PBI, M5/PIPD, and aramid fibers’ high production cost is a global threat to market expansion and profitability. The increase of capacity for these fibers is expected to be difficult over the projection period for a number of reasons, including but not limited to high production costs, initial capital expenditure, and monomer supply.
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Tags: High-Performance Fiber Market
