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The future of the fiber sizing market looks promising with opportunities in glass, carbon, aramid, and natural fiber production. The global fiber sizing market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $0.7 billion by 2025 with a CAGR of 1% to 2% from 2020 to 2025. The major drivers for this market are increasing demand for reinforced composite materials and the performance benefits of sizing in fiber.
An emerging trend, which has direct impact on the dynamics of the fiber sizing industry, includes development of sizing materials with low or no volatile organic compounds. Michelman, Evonik, Covestro, Hexion, AOC Aliancys, Polymer Chemistry Innovation Inc., and COIM are among the major suppliers of fiber sizing materials.
A total of 139 figures / charts and 106 tables are provided in this 218 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this composite market report download the report brochure.
In this market, glass fiber is the largest market by fiber type, whereas transportation is largest in end-use industry. Growth in various segments of the fiber sizing market are given below:
Fiber Sizing Market by Segments