Global Specialty Fibers Market Is Grow at a CAGR of 14.2% and Expected to Reach USD 46.90 Billion by 2026 from USD 14.19 Billion in 2017
Global Specialty Fibers market is expected to grow from $14.19 billion in 2017 to reach $46.90 billion by 2026 with a CAGR of 14.2%. Factors such as growing demand of light weight and high strength composite materials, increasing need of optical fiber cables and expansion of electronic industry, high strength to weight ratio of specialty fibers and Excellent mechanical properties, durability and thermal stability are some of the factors driving the market growth.
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