Aramid Fiber Global Market Report 2023 – By Type (Para-Aramid Fiber, Meta-Aramid Fiber), By Application (Protective Fabrics, Frictional Materials, Optical Fibers, Tire Reinforcement, Rubber Reinforcement, Composites, Other Applications), By End-Use Industry (Aerospace And Defense, Automotive, Electronics and Telecommunication, Sports Goods, Other End Users) – Market Size, Trends, And Global Forecast 2023-2032

Webbing refers to strong, tightly woven cloth that is thin and used mostly for straps or upholstery. It is incredibly adaptable and frequently takes the place of steel wire, rope, or chain. Webbing is engaged in webbing products to be used in belts, straps, seat belts, and airbags. It is commonly used in furniture manufacturing, military apparel, automobile safety, parachuting, and other fields. The main types of webbing are nylon, polyester, polypropylene, carbon fibers, P-aramid fibers, and ultra-high molecular weight polyethylene (UHMWPE). Nylon webbing is a high-strength material, this webbing material can stretch around 2% of the length of the webbing. Polyester webbing is used for its superior strength, and each inch of this webbing can typically hold between 3,000 and 6,000 pounds. Polypropylene webbing is a light-duty, easy clean, webbing used in various applications, including dog collars and leashes, luggage, health-related products, sporting goods, tote bags, and many others. Carbon fibers webbing is used to reinforce and stabilize a foundation wall. The low thermal expansion, high-temperature tolerance, high chemical resistance, low weight, high tensile strength, and greater stiffness, makes carbon fiber webbing suitable for use in military and sporting goods applications. Para-aramids are used in flame-resistant and heat protective clothing, helmets, body armors, composite material, heat air filter fabrics, ropes, optical fiber cables, sailcloth, sporting equipment, drumheads, reinforced concrete, and thermoplastic pipes. Ultra-high molecular weight polyethylene (UHMWPE) is a strong, light, and thin webbing made from traditional fibers and used for applications requiring high strength and low stretch, such as applications where corrosion is possible or expected. These webbings are used in various areas including automotive, military, industrial, sporting goods, and others. The global webbing market is segmented - 1) By Product: Nylon, Polyester, Polypropylene, Carbon Fibers, P-Aramid Fibers, Ultra-high-molecular-weight polyethylene (UHMWPE), Other Products 2) By Material: Natural, Man-made 3) By Application: Automotive, Military, Industrial, Sporting Goods, Other Applications The global webbing market size grew from $3.63 billion in 2022 to $3.95 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global webbing is expected to grow to $5.44 billion in 2027 at a CAGR of 8.4%. An increase in demand for automobiles is contributing to the growth of the webbing market. Growing usage of webbing in the automotive industry for the production of seat belt handles, safety harnesses, airbag catch bags, and attach car batteries, to limit the movement of exhaust pipe hangers is likely to boost the demand for webbing in coming years. According to LMC Automotive estimates, global car sales are predicted to reach 111 million by the end of 2032. Moreover, according to the Economist Intelligent Unit, global new car sales will rise by 15% and commercial vehicle sales will increase by 16% in 2021. Therefore, the expansion of the automotive sector is boosting the growth of the webbing market. Major players in the webbing market are American Cord & Webbing Company, Belt-tech, Narrowtex, National Webbing Products, Tennessee Webbing Products, Ohio Plastics, Universal Webbing Products, Jiangsu Daxin Webbing, Inka Oy, Leedon Webbing, Webbing Products, Sturges Manufacturing, American Webbing and Fittings, and Oppermann Webbing (Kunshan). The launch of advanced textile products that increase functionality and productivity is a key trend in the webbing market. For instance, in March 2020, Bally Ribbon Mills, a US-based company that provides the development of highly specialized engineered woven fabrics innovated a durable product with E-webbing and thermoplastic composite materials (TPMC). The new textile products have superior features like lightweight, and abrasion resistance that is ideal for electronic transmission data and energy storage. These advanced textiles are used in parachutes, chemically resistant webbing, and personal protective equipment. In January 2021, Speedtech International, a US-based company that is engaged in the manufacturing and fabrication of hook and loop products and specialty fasteners acquired Toledo Fasteners International for an undisclosed amount. The acquisition is expected to improve Speedtech’s capabilities, and services, and expand its geographical presence. Toledo Fasteners International is a US-based company that is engaged in manufacturing neoprene, hook and loop products, and custom fabricated webbing. Asia-Pacific was the largest region in the webbing market in 2022. North America is the second-largest market in the webbing market report. The regions covered in the webbing industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the webbing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The webbing market consists of sales of jute, rubber, flat webbing, and tubular webbing. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The webbing market research report is one of a series of new reports from The Business Research Company that provides webbing market statistics, including the webbing industry's global market size, regional shares, competitors with a webbing market share, detailed webbing market segments, market trends and opportunities, and any further data you may need to thrive in the webbing industry. This webbing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Fiber-reinforced plastic vessels refer to containers composed of a contemporary composite material used in the building of tanks and vessels found in chemical plants, which consists of fibers embedded in a polymer matrixthat are corrosion-resistant in nature. The technical advantages of fiber-reinforced plastic include corrosion resistance, the ability to withstand hydrostatic forces, and strong tensile strength. The main types of fibre reinforced plastic vessels are glass fiber, carbon fiber, aramid fiber, and other types. Glass Fiber Reinforced Plastic is a composite material made up of a polymer matrix and glass fibres. The different types of resins used in fibre reinforced plastic vessels include polyester, epoxy, polyurethane and other resins. These vessels are distributed over various channels such as online and offline and are used in various industries such as automotive and transportation, water & wastewater, chemical, industrial, oil & gas, and other applications. The global fiber reinforced plastic vessels market is segmented - 1) By Type: Glass Fiber, Carbon Fiber, Aramid Fiber, Other Types 2) By Distribution Channel: Online, Offline 3) By Resin: Polyester, Epoxy, Polyurethane, Other Resins 4) By Application: Automotive & Transportation, Water & Wastewater, Chemical, Industrial, Oil & Gas, Other Applications The global fiber reinforced plastic vessels market size grew from $3.03 billion in 2022 to $3.33 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fiber reinforced plastic vessels market size is expected to grow to $4.82 billion in 2027 at a CAGR of 9.7%. Increasing demand for fiber-reinforced plastic vessels in the automotive industry is driving the growth of the market. In the automotive industry, FRP vessels are used for fuel storage in natural gas vehicles, and these vessels are constructed in a single piece to reduce the possibility of splitting in the event of a crash. The rapid growth in the adoption of natural gas vehicles or the conversion of existing gasoline vehicles to natural gas vehicles in developing countries to reduce pollution levels has led to increased demand for FRP vessels. For instance, in June 2021, according to an article shared by Advanced Clean Tech (ACT) News, a US-based news provider, even though 2020 was a wildly anomalous year, natural gas fuel and natural gas vehicles (NGVs) continued to expand. In California, the usage of RNG in on-road transportation went from 69% of total volume in 2018 to 93% in 2020, a more than 225% increase from 2015. RNG climbed to 98% of all natural gas utilised as a transportation fuel in California by the fourth quarter of 2020. Thus, an increase in demand for FRP vessels in the automotive industry is expected to boost the market during the forecast period. Major players in the fiber reinforced plastic vessels market are Sainath Industrial Corporation, Plas-Tank Industries Inc., JRMS Engineering Works, TROY Dualam Inc., Swami Plastic Industries, Augusta Fiberglass Coating Inc., Worthington Industries, Inc., Avanco Group, CevotecGmbh, Denali Incorporated, Enduro Composites Inc., EPP Composites Pvt. Ltd., Faber Industrie Spa, Lianyungang ZhongfuLianzhong Composites Group Co. Ltd., Nproxx, Quantum Fuel Systems LLC., and ZCL Composites, Inc. Development of low-weight transportation FRP vessels is the key trend gaining popularity in the fiber-reinforced plastic vessel market. Carbon fibre reinforced polymers and glass fibre reinforced polymers are some of the FRP used in the development of low-weight transportation materials. For example, in August 2020, Universal Hydrogen, a US-based carbon-free economical hydrogen transport company, announced the new product launch of a twin-tank module for 50-seat aircraft that uses carbon fibre-wrapped pressure vessels to store H2 gas at 850 bar, enabling a 400-nm range for a Dash 8 or ATR turboprop regional aircraft that enables easy transport and loading using existing infrastructure. In October 2022, Ipackchem Group SAS, a France-based material manufacturing company, acquired TPG Plastics LLC for an undisclosed amount. Through this acquisition, Ipackchem increases its barrier packaging product portfolio, manufacturing capabilities, and product reach in North America. TPG Plastics LLC is a US-based plastic product manufacturing company pioneering in the design and development of blow molding products. Asia-Pacific was the largest region in the fiber reinforced plastic vessels market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fiber reinforced plastic vessels market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fiber reinforced plastic vessels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The market for fiber-reinforced plastic vessels consists of sales of natural fiber, hemp fiber, plant-based fiber, polycarbonate, and polyamide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber-reinforced plastic vessels market research report is one of a series of new reports from The Business Research Company that provides fiber-reinforced plastic vessels market statistics, including fiber-reinforced plastic vessels industry global market size, regional shares, competitors with a fiber-reinforced plastic vessels market share, detailed fiber-reinforced plastic vessels market segments, market trends and opportunities, and any further data you may need to thrive in the fiber-reinforced plastic vessels industry. This fiber-reinforced plastic vessels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A fiber laser is a type of device that integrates beam delivery and laser cavity into a single system inside an optical fiber wherein the beam is generated within the fiber, unlike conventional lasers. Fiber lasers are part of laser marking systems as they achieve high dimensional accuracy in manufactured electronic products. Fiber lasers are used for welding, cutting, and other material processing. The main types of fiber lasers are infrared fiber laser, ultraviolet fiber laser, and ultrafast fiber laser. Fiber lasers that transmit radiation with wavelengths greater than or equal to 2 μm are known as an infrared fiber lasers. Fiber lasers are used for marking, micro processing, high power, and fine processing by material processing, healthcare, and other end-users. The global fiber lasers market is segmented - 1) By Type: Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser 2) By Aplication: Marking, Micro Processing, High Power, Fine Processing 3) By End Use: Material Processing, Healthcare: Other End Users The global fiber lasers market size will grow from $3.35 billion in 2022 to $3.76 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fiber lasers market is expected to grow to $6.01 billion in 2027 at a CAGR of 12.5%. The rise in disposable income drives the growth of the automobile and mobile electronics industries which results in the growth of the fiber laser market. According to CEIC Data, there has been a 10% rise in disposable income in India which led to the growth of the automobile and mobile electronics industries. Thus, automobile and mobile electronics markets are growing at a rapid pace and the use of fiber lasers becomes indispensable to sustain the growth. Fiber laser is used for labeling, cutting, and welding automobile parts. The use of fiber lasers makes it easier and more convenient for cutting small and complex automobile parts. Mobile electronic devices are getting compact day by day and thus electronic industry also requires fiber lasers to cut lean and fragile electronic parts. For instance, companies such as Laserline, Trumpf, and Coherent are developing fiber lasers specially focused on the automobile industry. Major players in the fiber lasers market are Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Jenoptik Laser GmbH, CY Laser SRL, NKT Photonics A/S, Quantel Group, TRUMPF, and Toptica Photonics AG. Nonlinear optical effects act as a restraint on the fiber laser market. The nonlinear optical effect is a phenomenon occurring due to the use of fiber laser which can lead to breakdown and damage of the material on which fiber laser is applied. Also, this can lead to overheating of the material and can cause severe damage to the material. FC Laser Ltd was skeptical about the use of fiber lasers. FC Laser was not certain about the versatility and efficiency of the fiber laser and was much more comfortable using the CO2 laser. New technologies such as high-power fiber lasers and diode lasers have been introduced in the fiber laser market. With 800 nm wavelength, a diode laser has the deepest penetration levels. Another new technology, the blue laser has also been introduced in the market specially targeted for welding purposes. The blue laser has higher power and brightness compared to an ordinary laser. Also, a blue laser does not generate excess heat. These new technologies in fiber laser bring more precision while welding and cutting materials. Bystronic, a Switzerland-based laser company is providing all-new high-power fiber lasers and diode lasers for welding, cutting, and material processing purposes. Also, NUBURU, a US-based company invented and manufactures high-power blue laser technology. The Center for Devices and Radiological Health (CDRH) is a regulatory body in the USA regulating the fiber laser market. CDRH is responsible for the manufacturing, implication, performance, and safety of fiber laser devices. CDRH checks whether the device is properly labeled and is equipped with safety equipment. CDRH oversees whether the manufacturer has provided the correct classification of laser and whether the manufacturer has attached the warning labels on the device. In February 2022, The TRUMPF Group, a Germany-based industrial machine manufacturing company acquired Active Fiber Systems GmbH (AFS) for an undisclosed amount. Through this acquisition, The TRUMPF Group aims to strengthen its product portfolio in scientific, industrial, and medical lasers and to gain a competitive advantage in the German market. Active Fiber Systems GmbH (AFS) is a Germany-based company that specializes in fiber lasers Asia Pacific was the largest region in the fiber lasers market in 2022. The regions covered in the global fiber lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fiber lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The fiber laser market consists of sales of pulsed lasers, continuous-wave lasers, and other fiber lasers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber laser market research report is one of a series of new reports from The Business Research Company that provides fiber laser market statistics, including fiber laser industry global market size, regional shares, competitors with a fiber laser market share, detailed fiber laser market segments, market trends and opportunities, and any further data you may need to thrive in the fiber laser industry. This fiber laser market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Fiber optic cables are network cables containing strands of glass fibers inside an insulated case. These are mainly used as a medium for telecommunications and computer networking. They are also used as light guides, imaging tools, and lasers for medical surgery, and as wiring in aircraft, submarines, and other vehicles. The main types of fiber optic cable are glass optical fiber and plastic optical fiber. Glass optical fibers are typically composed of a core of pure glass (SiO2) and cladding of a less pure glass or plastic. Glass fiber is primarily used in communication, sensor, and measurement systems. They are an excellent choice for long-distance, high-speed communication applications due to their high transmissivity and low loss factor. They are also better suited for use in corrosive environments or at high temperatures. The various products include single-mode cable and multi-mode cable that is used for telecom, oil and gas, military and aerospace, BFSI, medical, imaging, railway, and other applications. The global fiber optical cable market is segmented - 1) By Product Type: Single-mode Cable, Multi-mode Cable 2) By Application: Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Imaging, Railway, Other Applications 3) By Type: Glass Optical Fiber, Plastic Optical Fiber The global fiber optical cable market size will grow from $72.65 billion in 2022 to $80.24 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global fiber optical cable is expected to grow to $115.12 billion in 2027 at a CAGR of 9.4%. The rising demand for higher bandwidth and faster speed connections will enhance the growth of the fiber optic cable market. There is a surge in demand for high bandwidth from enterprises and individuals due to increased use of the internet for video calls, gaming, online shopping, and social media. Fiber optic cable use light to transmit data instead of electricity so that it can enhance and speed up the internet connections that are capable of handling higher bandwidth. For example, 4K Ultra High Definition (UHD) TV at homes consumes approximately 15-18 Mbps of data which is three times more than the plain HD TV. By 2022, it is estimated that about 62% of connected flat panel TV sets will be 4K. This focus on increasing demand for higher bandwidth and increasing video consumption. Thus, the rising demand for faster speed connections and higher bandwidth is driving the fiber optic cable market growth. Major players in the fiber optic cable market are Corning Inc., Sumitomo Electric Industries Ltd., Prysmian Group, Sterlite Technologies Ltd., Fujikura Ltd., TE Connectivity, 3M, Amphenol, Molex, Prysmian, Finisar Corporation, and AFL Communications LLC. The increase in the adoption of wireless communication systems is expected to limit the growth of the fiber optic cable market. In recent years, demand for wireless services increased exponentially. The emergence of new technologies such as the internet of things (IoT) has increased the adaption of wireless communication systems. For instance, In 2020, the number of global smartphone users is forecasted to total 3.5 billion, registering a 9.3 percent increase from 2019. Therefore, the high usage of wireless communication systems is hindering the growth of the fiber optic cable market. The technological advancement in fiber optic cable is a key trend driving the growth of the fiber optic cable market. Wavelength division multiplexing (WDM) is the recent technological improvement in fiber cables. Wavelength division multiplexing is a technique of multiplexing the number of optical carrier signals through a single optical fiber channel by varying the wavelengths of laser lights. WDM allows communication in all directions in fiber cable. WDMs are used on a single optical fiber to blend light signals coming from different optical fibers. This is attained by using a coupler at the WDM input. In 2023, Asia-pacific is expected to be the fastest-growing market for WDMs, and multiple companies in China such as ZG Technology, and Optic Network Technology, are the leading manufacturers and suppliers of WDMs. In March 2020, Sumitomo Electric Industries, Ltd., a Japan-based company manufacturing electric wires and optical fiber cables acquired Thunderbolt 3 certification for its new active optical cables (AOCs) from Intel Corporation, the company that established the Thunderbolt 3 standard. Sumitomo Electric acquired 40 Gbps Thunderbolt 3 AOCs for high-speed transmission to meet the requirements for long-distance communication. Thunderbolt is the trademark name of a device interface offered by Intel and Apple. Asia-Pacific was the largest region in the fiber optic cable market in 2022. North America was the second-largest region in the global fiber optical cable market analysis. The regions covered in the global fiber optical cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fiber optic cable market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The fiber optic cable market consists of sales of quartz optical fiber cables, multi-component glass fiber cables, plastic optical fiber cables, step-index multimode fiber, graded index multimode fiber, and other fiber optic cables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber optic cable market research report is one of a series of new reports from The Business Research Company that provides fiber optic cable market statistics, including fiber optic cable industry global market size, regional shares, competitors with a fiber optic cable market share, detailed fiber optic cable market segments, market trends and opportunities, and any further data you may need to thrive in the fiber optic cable industry. This fiber optic cable market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Fiber optic connectors refer tohigh-speed connectors that are used for public telecommunication networks and wiring installations. A fiber optic connector is a flexible device that can connect and disconnect fiber optic cable quickly. Optical fibres combine two fibre connections without splicing or terminate fiber-optic connections to fibre equipment. The fiber optic connectors market covered in this report is segmented by product into SC (standard connectors), LC (lucent connectors), FC (ferrule connector), ST (straight tip), MTP/MPO (multiple-fiber push-on/pull-off), MXC connector, others. It is also segmented by cable into simplex, duplex, multi-fiber and by application into telecommunication, inter/intra building, community antenna television, data center, high-density interconnection, security systems, and others. The global fiber optic connectors market is segmented - 1) By Product: SC (Standard Connectors), LC (Lucent Connectors), FC(Ferrule Connector), ST (Straight Tip), MTP/MPO (Multiple-Fiber Push-On/Pull-Off), MXC Connector, Other Products 2) By Cable: Simplex, Duplex, Multi-Fiber 3) By Application: Telecommunication, Inter/Intra Building, Community Antenna Television, Datacenter, High Density Interconnection, Security Systems, Other Applications The global fiber optic connectors market size will grow from $4.87 billion in 2022 to $5.23 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the fiber optic connectors is expected to grow to $6.73 billion in 2027 at a CAGR of 6.5%. The number of people using smart devices and smartphones and the commercialization of 4G LTE and 5G network platforms is rapidly increasing, which will drive the growth of the global fiber optic connectors market. For instance, in January 2020, the numbers of smartphone users in the world were 3.50 billion, accounting for 45.12% of the world’s populationAccording to the International Telecommunication Union 2020, a Switzerland-based agency that works in information and communication technologies, approximately 90% of the population has access to a mobile-broadband network (3G or above) in 2020. Additionally, for instance, in 2021, Telefonaktiebolaget LM Ericsson, a Sweden-based multinational networking and telecommunications company, the share of 4G subscriptions reached 68% in the region (India, Nepal, and Bhutan) 2021. Smart devices are everyday gadgets, which are made intelligent with advanced computing, including AI and machine learning, and networked to form the internet of things (IoT) that require the internet. The increased use of smart devices and commercialization of 4G LTE and 5G network platforms increased the demand for the fiber optic connectors market growth. Major players in the fiber optic connectors market are 3M, Corning Cable Systems LLC, Hitachi Ltd., ZTE Corporation, Amphenol Corporation, Alcatel-Lucent S.A., Broadcom Limited, Hirose Electric Co. Ltd., Furukawa Electric Co. Ltd., and Sumitomo Electric Industries. The high installation costs of fiber optic connectors have always been a major challenge in the fiber optic connectors market. The factors impacting fiber-optic internet installation prices are sufficient to power, service provider companies, telecommunication closet space. For instance, the installation cost of fiber optic cable installation would be $15,000 to $30,000 for a house with 100 to 200 drops. The high costs for the installation of fiber optic connectors are limiting the growth of the fiber optic connectors industry. The innovation of 180-micron fiber cable is shaping the fiber optic connectors market. In April 2020, Prysmian Group announced the world’s first 180µm fiber cable for FTTx and 5G networks. Prysmian combines the two technologies to start its sirocco extreme microduct cable with 288 fibers in a diameter of 6.5mm, providing diameter and fiber density for a blown microduct cable of 288 fibers. With a fiber thickness of 8.7 fibers per mm2, it is possible to install the cable into an 8mm ID duct where before it was only possible to install up to 192 fibers. This makes it feasible to install more fibers into full duct space and allows the use of smaller ducts for new installations, rising in cheaper installation costs and the use of less raw materials. In December 2020, Molex, a US-based connectivity and electronics solutions provider acquired Fiberguide Industries for an undisclosed amount. Through this acquisition, Molex aims to extend optical fibersolutions. Fiberguide Industries is a US-based provider of specialty optical fiber and fluidic-based products. Asia-Pacific was the largest region in the fiber optic connectors market in 2022. The regions covered in the fiber optic connectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fiber optic connectors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fibre optics market consists of sales of step index-single mode fibre, graded index-single mode fibre, step index-multimode fibre, and graded index-multimode fibre. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber optic connectors market research report is one of a series of new reports from The Business Research Company that provides fiber optic connectors market statistics, including fiber optic connectors industry global market size, regional shares, competitors with a fiber optic connectors market share, detailed fiber optic connectors market segments, market trends and opportunities, and any further data you may need to thrive in the fiber optic connectors industry. This fiber optic connectors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fiber cement refers to a type of composite of sand, portland concrete, and sustainable cellulose filaments that enhances the structural integrity of concrete by improving its overall strength, is made from reinforced cement, is used in homes and other commercial buildings, comes pre-painted or can be painted in any color, and offers strong, long-lasting, and low-maintenance. The different types of raw material-based fiber cement include cellulosic fiber, portland cement, and silica. The portlandfiber cement market consists of the sale of portlandfiber cement by entities (organizations, sole traders, and partnerships) that refers to a paste that is created with water that binds sand and rock to harden. The portlandfiber cement is used in precast concrete manufacture and is majorly utilized in the construction industry. Fiber cement is used in the construction of sidings, roofing, cladding, molding& trimming, and others. The end users of fiber cement include residential and non-residential customers. The global fiber cement market is segmented - 1) By Raw Material: Cellulosic Fiber, Portland Cement, Silica 2) By Application: Siding, Roofing, Cladding, Molding and Trimming, Other Applications 3) By End User: Residential, Non-Residential The global fiber cement market size will grow from $15.38 billion in 2022 to $16.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the fiber cement is expected to grow to $22.72 billion in 2027 at a CAGR of 8.1%. Increasing expenditure on construction is expected to propel the growth of the fiber cement market. With the increase in the construction industry, the use of high efficiency and sustainable fiber cement affixes to the exterior of both residential and commercial spaces due to its characteristics that include resistance to wear and tear to concrete along with benefiting the residential space has increased. For instance, according to the Office of National Statistics UK, the monthly construction output increased by 3.5% in volume in November 2021. Also, according to Invest India, an India-based national investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. Therefore, increasing expenditure on construction is driving the growth of the fiber cement market. Major players in the fiber cement market are American Fiber Cement Corporation, Cembrit Holding, CSR Limited, Etex Group, James Hardie Industries PLC, Nichiha Corporation, Plycem, SCG Building Materials, Shandong cement, Zykron, Allura, Alpha Roofing industries, LLC, GAF, and Swiss pearl. Technological advancements are a key trend gaining popularity in the fiber cement market. The companies manufacturing fiber cement are developing new products with the latest technologies to meet the demand from customers across various sectors. For instance, in October 2021, Jogani Impex LLP, an India-based engineered fiber manufacturing company, launched polyfiber 3S. Polyfiber 3S is an innovative concrete and construction fiber consisting of advanced reinforcing material used for durability and crack-free infrastructure in the construction of buildings, offices, and industrial plants. In November 2021, Lonsa Group Limited, a Mauritian investment entity based in London acquired Everite, a South Africa-based company engaged in the production and distribution of fiber cement, for a deal amount of RUB 600 million ($9.5 million). With this acquisition, Everite Group’s businesses, assets, and companies including the third party of the freehold property are acquired by the Lonsa company. Asia-Pacific was the largest region in the fiber cement market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the fiber cement market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fiber cement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fiber cement market consists of sales of sand, clay, and wood fibers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber cement market research report is one of a series of new reports from The Business Research Company that provides fiber cement market statistics, including fiber cement industry global market size, regional shares, competitors with a fiber cement market share, detailed fiber cement market segments, market trends and opportunities, and any further data you may need to thrive in the fiber cement industry. This market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Fiber-reinforced plastic vessels refer to containers composed of a contemporary composite material used in the building of tanks and vessels found in chemical plants, which consists of fibers embedded in a polymer matrixthat are corrosion-resistant in nature. The technical advantages of fiber-reinforced plastic include corrosion resistance, the ability to withstand hydrostatic forces, and strong tensile strength. The main types of fibre reinforced plastic vessels are glass fiber, carbon fiber, aramid fiber, and other types. Glass Fiber Reinforced Plastic is a composite material made up of a polymer matrix and glass fibres. The different types of resins used in fibre reinforced plastic vessels include polyester, epoxy, polyurethane and other resins. These vessels are distributed over various channels such as online and offline and are used in various industries such as automotive and transportation, water & wastewater, chemical, industrial, oil & gas, and other applications. The global fiber reinforced plastic vessels market is segmented - 1) By Type: Glass Fiber, Carbon Fiber, Aramid Fiber, Other Types 2) By Distribution Channel: Online, Offline 3) By Resin: Polyester, Epoxy, Polyurethane, Other Resins 4) By Application: Automotive & Transportation, Water & Wastewater, Chemical, Industrial, Oil & Gas, Other Applications The global fiber reinforced plastic vessels market size grew from $3.03 billion in 2022 to $3.33 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fiber reinforced plastic vessels market size is expected to grow to $4.82 billion in 2027 at a CAGR of 9.7%. Increasing demand for fiber-reinforced plastic vessels in the automotive industry is driving the growth of the market. In the automotive industry, FRP vessels are used for fuel storage in natural gas vehicles, and these vessels are constructed in a single piece to reduce the possibility of splitting in the event of a crash. The rapid growth in the adoption of natural gas vehicles or the conversion of existing gasoline vehicles to natural gas vehicles in developing countries to reduce pollution levels has led to increased demand for FRP vessels. For instance, in June 2021, according to an article shared by Advanced Clean Tech (ACT) News, a US-based news provider, even though 2020 was a wildly anomalous year, natural gas fuel and natural gas vehicles (NGVs) continued to expand. In California, the usage of RNG in on-road transportation went from 69% of total volume in 2018 to 93% in 2020, a more than 225% increase from 2015. RNG climbed to 98% of all natural gas utilised as a transportation fuel in California by the fourth quarter of 2020. Thus, an increase in demand for FRP vessels in the automotive industry is expected to boost the market during the forecast period. Major players in the fiber reinforced plastic vessels market are Sainath Industrial Corporation, Plas-Tank Industries Inc., JRMS Engineering Works, TROY Dualam Inc., Swami Plastic Industries, Augusta Fiberglass Coating Inc., Worthington Industries, Inc., Avanco Group, CevotecGmbh, Denali Incorporated, Enduro Composites Inc., EPP Composites Pvt. Ltd., Faber Industrie Spa, Lianyungang ZhongfuLianzhong Composites Group Co. Ltd., Nproxx, Quantum Fuel Systems LLC., and ZCL Composites, Inc. Development of low-weight transportation FRP vessels is the key trend gaining popularity in the fiber-reinforced plastic vessel market. Carbon fibre reinforced polymers and glass fibre reinforced polymers are some of the FRP used in the development of low-weight transportation materials. For example, in August 2020, Universal Hydrogen, a US-based carbon-free economical hydrogen transport company, announced the new product launch of a twin-tank module for 50-seat aircraft that uses carbon fibre-wrapped pressure vessels to store H2 gas at 850 bar, enabling a 400-nm range for a Dash 8 or ATR turboprop regional aircraft that enables easy transport and loading using existing infrastructure. In October 2022, Ipackchem Group SAS, a France-based material manufacturing company, acquired TPG Plastics LLC for an undisclosed amount. Through this acquisition, Ipackchem increases its barrier packaging product portfolio, manufacturing capabilities, and product reach in North America. TPG Plastics LLC is a US-based plastic product manufacturing company pioneering in the design and development of blow molding products. Asia-Pacific was the largest region in the fiber reinforced plastic vessels market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fiber reinforced plastic vessels market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fiber reinforced plastic vessels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The market for fiber-reinforced plastic vessels consists of sales of natural fiber, hemp fiber, plant-based fiber, polycarbonate, and polyamide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber-reinforced plastic vessels market research report is one of a series of new reports from The Business Research Company that provides fiber-reinforced plastic vessels market statistics, including fiber-reinforced plastic vessels industry global market size, regional shares, competitors with a fiber-reinforced plastic vessels market share, detailed fiber-reinforced plastic vessels market segments, market trends and opportunities, and any further data you may need to thrive in the fiber-reinforced plastic vessels industry. This fiber-reinforced plastic vessels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Yarn, fibre, and thread manufacturing refers to the process of manufacturing spinning yarn from fibres, threads for sewing, crocheting, embroidery, and other applications. The main types of yarn, fibre, and thread manufacturing are regular yarn, fibre and thread, and special yarn, fibre, and thread. The regular yarn thread is a thread that is mostly used for sewing. The various applications include quilting, sew and stitch, embroidery that are used by various end users such as apparel, footwear and accessories, home interior, other. The global yarn, fiber and thread market is segmented – 1) By Type: Regular Yarn, Fiber and Thread, and Special Yarn, Fiber and Thread 2) By End User: Apparel, Footwear and Accessories, Home Interior, Other End Users 3) By Application: Quilting, Sew and Stitch, Embroidery" The global yarn, fiber and thread market size will grow from $102.97 billion in 2022 to $110.18 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of yarn, fiber and thread is expected to grow from $138.91 billion in 2027 at a CAGR of 6.0%. The growth in the yarn, fibre, and thread manufacturing market is due to emerging market growth, rising disposable income, and technology development. Disposable income refers to the amount of money that an individual or household has to spend or save after income taxes have been deducted. Yarn is a thread used for the production of fabrics and needlecrafts. For instance, in 2021, according to the Bureau of Statistics of China, a China-based Government agency data, Disposable Personal Income in China increased to 47412 CNY 2021 from 43834 CNY in 2020. Therefore, the rising disposable income is driving the growth of the yarn, fibre, and thread manufacturing market. Major players in the global yarn, fibre, and thread manufacturing market include Toray Industries Inc., Indorama Corporation Pte Ltd., Weiqiao Textile Company Limited, Far Eastern New Century, and Unifi Inc.. The demand for synthetic fibres is mainly driven by increasing applications of synthetic fibres in the apparel and construction industry. Synthetic fibres give specific characteristics such as thermal insulation, and low soiling characteristics, which can be modified for a wide range of products such as table cloths, napkins, curtains, and carpets. They are also being used in new areas of application such as roof insulation, and geotextiles for the stability of roads, walls, and dams. Examples of synthetic fibres include nylon, rayon, polyester, polyethylene, polypropylene, and acetate. Asia-Pacific was the largest region in the yarn, fibre, and thread manufacturing market in 2022. The regions covered in this yarn, fibre, and thread manufacturing market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the yarn, fibre, and thread manufacturing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The yarn, fibre, and thread manufacturing market include revenues earned by entities by getting used in knitting, weaving, and the production of textiles. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The yarn, fiber and thread market research report is one of a series of new reports from The Business Research Company that provides yarn, fiber and thread market statistics, including yarn, fiber and thread industry global market size, regional shares, competitors with a yarn, fiber and thread market share, detailed yarn, fiber and thread market segments, market trends and opportunities, and any further data you may need to thrive in the yarn, fiber and thread industry. This yarn, fiber and thread market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.