NORTH AMERICA REINFORCEMENT MATERIALS MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

NORTH AMERICA REINFORCEMENT MATERIALS MARKET 2021-2028

Market by Application, Fiber Type, and Country | Forecast 2021-2028

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According to Triton’s report, the North American reinforcement materials market is anticipated to display revenue growth at a CAGR of 5.64% during the calculated years 2021-2028. Further, the market is expected to register growth based on volume at 4.92% of CAGR during 2021-2028.


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The countries considered in this market are:

•        United States

•        Canada

In North America, the reinforcement materials market is anticipated to observe significant growth, owing to the development in the aerospace & defense, automotive, and electrical industries. The United States is a major manufacturer of commercial aircraft, passenger aircraft, defense aircraft, and cargo planes, among others. Moreover, the growing demand for reinforcement materials from health, mining, building, and manufacturing sectors, is motivating the progress of the reinforcement materials market across the United States.

Furthermore, in Canada, the rising electricity demand, paired with growing construction activities, is likely to fuel the studied market’s progress. The optical fibers segment is projected to offer several growth opportunities to the reinforcement materials market, owing to the augmentation and revolution of transmission and distribution networks. Additionally, the surging demand for electricity and the strong growth of renewable energy is expected to enhance the demand for reinforcement materials over the estimated period.

Above all, the construction sector has observed tremendous growth over the past few years, owing to government support. This growth influences the demand for reinforcement materials for multiple applications in the construction sector. Thus, these factors are propelling the development of the Canadian reinforcement materials market.

DuPont is engaged in producing multiple products, including synthetic fiber, pharmaceuticals, industrial chemicals, and building materials. The company’s business segment include electronics & imaging, transportation, construction, and more. It provides its reinforcement products through fabrics, fibers, and nonwovens product lines, serving clients in numerous industries, such as construction, healthcare, and electronics. DuPont has subsidiaries across 70 countries, along with manufacturing operations in around 40 countries. It has its headquarter located in the United States. 

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Table of Content

1.    NORTH AMERICA REINFORCEMENT MATERIALS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. CONSTRUCTION IS LARGEST APPLICATION IN MARKET

2.2.2. CARBON FIBER IS FASTEST-GROWING FIBER TYPE IN MARKET

2.2.3. RAPID ADOPTION OF REINFORCEMENT MATERIALS IN INDUSTRIAL APPLICATION

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. INTENSITY OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. MARKET DRIVERS

2.6.1. HIGH DEMAND FOR LIGHTWEIGHT MATERIALS

2.6.2. IMPROVED PRODUCT QUALITY DUE TO REINFORCEMENT

2.7. MARKET RESTRAINTS

2.7.1. EXPENSIVE PROCESS

2.7.2. REPAIR & RECYCLING ISSUES

2.8. MARKET OPPORTUNITIES

2.8.1. GROWTH IN AEROSPACE & DEFENSE SECTOR

2.8.2. RISE OF APPLICATION OF REINFORCEMENT MATERIALS IN MULTIPLE SECTORS

2.9. MARKET CHALLENGES

2.9.1. ENVIRONMENTAL ISSUES

2.10. IMPACT OF CORONAVIRUS ON REINFORCEMENT MATERIALS MARKET

3.    REINFORCEMENT MATERIALS MARKET OUTLOOK - BY APPLICATION

3.1. CONSTRUCTION

3.2. TRANSPORTATION

3.3. CONSUMER GOODS

3.4. INDUSTRIAL APPLICATION

3.5. WIND ENERGY

3.6. AEROSPACE & DEFENSE

3.7. OTHER APPLICATIONS

4.    REINFORCEMENT MATERIALS MARKET OUTLOOK - BY FIBER TYPE

4.1. GLASS FIBER

4.1.1. ROVINGS

4.1.2. CHOPPED STRAND

4.1.3. FABRICS

4.1.4. WOVEN ROVING

4.1.5. CSM/CFM

4.1.6. OTHER GLASS FIBER TYPE

4.2. ARAMID FIBER

4.2.1. PARA-ARAMID FIBER

4.2.2. META-ARAMID FIBER & OTHERS

4.3. CARBON FIBER

4.3.1. PAN

4.3.2. PITCH, RAYON, & OTHERS (LIGNIN)

4.4. NATURAL FIBER

4.4.1. FLAX

4.4.2. KENAF

4.4.3. HEMP

4.4.4. JUTE

4.4.5. OTHERS

4.5. STEEL REBAR

5.    REINFORCEMENT MATERIALS MARKET - NORTH AMERICA

5.1. UNITED STATES

5.2. CANADA

6.    COMPETITIVE LANDSCAPE

6.1. BASF

6.2. DUPONT

6.3. HONEYWELL INTERNATIONAL INC

6.4. NFC FIBERS GMBH

6.5. TEIJIN LTD

6.6. TORAY INDUSTRIES INC

6.7. OWENS CORNING

6.8. HYOSUNG CORPORATION

6.9. BINANI INDUSTRIES

6.10. BAST FIBERS LLC

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1. OBJECTIVES OF STUDY

7.1.2. SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1. PRIMARY DATA SOURCES

7.2.2. SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1. EVALUATION OF PROPOSED MARKET

7.3.2. IDENTIFICATION OF DATA SOURCES

7.3.3. ASSESSMENT OF MARKET DETERMINANTS

7.3.4. DATA COLLECTION

7.3.5. DATA VALIDATION & ANALYSIS

List of table

TABLE 1: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)          

TABLE 2: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)

TABLE 3: VENDOR SCORECARD        

TABLE 4: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 5: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)  

TABLE 6: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY FIBER TYPE, 2021-2028 (IN $ MILLION)          

TABLE 7: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY FIBER TYPE, 2021-2028 (IN KILOTON)

TABLE 8: NORTH AMERICA GLASS FIBER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)  

TABLE 9: NORTH AMERICA GLASS FIBER MARKET, BY TYPE, 2021-2028 (IN KILOTON)    

TABLE 10: NORTH AMERICA ARAMID FIBER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)           

TABLE 11: NORTH AMERICA ARAMID FIBER MARKET, BY TYPE, 2021-2028 (IN KILOTON)           

TABLE 12: NORTH AMERICA CARBON FIBER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)           

TABLE 13: NORTH AMERICA CARBON FIBER MARKET, BY TYPE, 2021-2028 (IN KILOTON)           

TABLE 14: NORTH AMERICA NATURAL FIBER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)           

TABLE 15: NORTH AMERICA NATURAL FIBER MARKET, BY TYPE, 2021-2028 (IN KILOTON)            

List of Figures

FIGURE 1: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY APPLICATION, 2020 AND 2028 (IN %)      

FIGURE 2: NORTH AMERICA CONSTRUCTION MARKET 2021-2028 (IN $ MILLION)  

FIGURE 3: NORTH AMERICA CARBON FIBER MARKET 2021-2028 (IN $ MILLION)    

FIGURE 4: NORTH AMERICA INDUSTRIAL APPLICATION MARKET 2021-2028 (IN $ MILLION)           

FIGURE 5: PORTER’S FIVE FORCES ANALYSIS     

FIGURE 6: MARKET ATTRACTIVENESS INDEX       

FIGURE 7: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY TRANSPORTATION, 2021-2028 (IN $ MILLION)         

FIGURE 9: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY CONSUMER GOODS, 2021-2028 (IN $ MILLION)       

FIGURE 10: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY INDUSTRIAL APPLICATION, 2021-2028 (IN $ MILLION)       

FIGURE 11: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY WIND ENERGY, 2021-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY AEROSPACE & DEFENSE, 2021-2028 (IN $ MILLION)   

FIGURE 13: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)     

FIGURE 14: NORTH AMERICA GLASS FIBER MARKET, BY GLASS FIBER, 2021-2028 (IN $ MILLION)      

FIGURE 15: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY ARAMID FIBER, 2021-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY CARBON FIBER, 2021-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY NATURAL FIBER, 2021-2028 (IN $ MILLION)

FIGURE 18: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, BY STEEL REBAR, 2021-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA REINFORCEMENT MATERIALS MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)        

FIGURE 20: UNITED STATES REINFORCEMENT MATERIALS MARKET 2021-2028 (IN $ MILLION)      

FIGURE 21: CANADA REINFORCEMENT MATERIALS MARKET 2021-2028 (IN $ MILLION)   

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