Engineered Fibers Market Size, Share, Trends, & Industry Analysis Report: By Type (Aramid Fibers, Carbon Fibers, Glass Fibers, and Others), By End-Use Industry, and By Region

Description

List of Tables

The engineered fibers market size is expected to reach USD 20.23 billion by 2034, according to a new study by Polaris Market Research. The report "Engineered Fibers Market Share, Size, Trends, & Industry Analysis Report: By Type (Aramid Fibers, Carbon Fibers, Glass Fibers, and Others), By End-Use Industry, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Engineered fibers are advanced materials designed to deliver superior mechanical, thermal, or functional performance across demanding industrial applications. The engineered fibers market demand is shaped by the growing integration of these fibers into multifunctional and technical textile systems. Industries are seeking enhanced material capabilities such as conductivity, self-healing properties, and responsiveness to various stimuli. Engineered fibers are being developed to meet these evolving requirements. Their compatibility with advanced technologies and adaptability across diverse end uses are expanding their appeal in sectors seeking to innovate beyond conventional material limitations.

The increasing focus on sustainability and material efficiency boosts the engineered fibers market. These fibers are being developed using eco-friendly processes and recyclable materials to align with global sustainability goals. Manufacturers are focusing on reducing environmental impact without compromising strength, durability, or performance, encouraging a shift toward greener product development. This trend is also supported by growing consumer and regulatory pressure, which continues to push companies to adopt advanced fiber technologies that offer both environmental responsibility and high-performance benefits.

Engineered Fibers Market Report Highlights

In terms of type, the carbon fibers segment dominated the engineered fibers market share in 2024, driven by its superior strength-to-weight ratio, lightweight nature, and excellent thermal stability.

Based on end-use industry, the automotive sector is expected to witness the fastest growth during the forecast period, fueled by rising demand for lightweight materials to improve fuel efficiency and vehicle performance.

In 2024, Asia Pacific accounted for the largest revenue share, supported by rapid industrialization, infrastructure development, and strong demand from the automotive and construction industries.

The North America market is anticipated to experience significant growth during the forecast period, propelled by increasing applications in aerospace, defense, and premium automotive sectors.

A few global key market players are China Petroleum & Chemical Corporation; DuPont; Epsilon Composite; Formosa Plastics Group; Hexcel Corporation; Lenzing AG; Mitsubishi Chemical Corporation; SGL Carbon; Solvay; Teijin Limited; Toray Industries, Inc.; and Zhongfu Shenying Carbon Fiber Co., Ltd.

Polaris Market Research has segmented the engineered fibers market report on the basis of type, end-use industry, and region:

By Type Outlook (Revenue, USD Billion, 2020-2034)

Aramid Fibers

Carbon Fibers

Glass Fibers

Others

By End-Use Industry Outlook (Revenue, USD Billion, 2020-2034)

Construction & Infrastructure

Automotive

Healthcare

Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Russia

Netherlands

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Vietnam

Australia

Rest of Asia Pacific

Latin America

Argentina

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of Middle East & Africa

Product Code: PM5735

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Engineered Fibers Market Insights

4.1. Engineered Fibers Market - Market Snapshot
4.2. Engineered Fibers Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Advancements in Technology and Smart Textiles
  - 4.2.1.2. Growth in Medical and Protective Textiles
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Competition from Natural and Bio-Based Alternatives
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Engineered Fibers Market Trends
4.6. Value Chain Analysis

5. Global Engineered Fibers Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
5.3. Aramid Fibers
- 5.3.1. Global Engineered Fibers Market, by Aramid Fibers, by Region, 2020-2034 (USD Billion)
5.4. Carbon Fibers
- 5.4.1. Global Engineered Fibers Market, by Carbon Fibers, by Region, 2020-2034 (USD Billion)
5.5. Glass Fibers
- 5.5.1. Global Engineered Fibers Market, by Glass Fibers, by Region, 2020-2034 (USD Billion)
5.6. Others
- 5.6.1. Global Engineered Fibers Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Engineered Fibers Market, by End-Use Industry

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
6.3. Healthcare & Infrastructure
- 6.3.1. Global Engineered Fibers Market, by Healthcare & Infrastructure, by Region, 2020-2034 (USD Billion)
6.4. Automotive
- 6.4.1. Global Engineered Fibers Market, by Automotive, by Region, 2020-2034 (USD Billion)
6.5. Healthcare
- 6.5.1. Global Engineered Fibers Market, by Healthcare, by Region, 2020-2034 (USD Billion)
6.6. Others
- 6.6.1. Global Engineered Fibers Market, by Others, by Region, 2020-2034 (USD Million)

7. Global Engineered Fibers Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Engineered Fibers Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Engineered Fibers Market - North America
- 7.3.1. North America: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
- 7.3.2. North America: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.3.3. Engineered Fibers Market - US
  - 7.3.3.1. US: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.3.3.2. US: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.3.4. Engineered Fibers Market - Canada
  - 7.3.4.1. Canada: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
7.4. Engineered Fibers Market - Europe
- 7.4.1. Europe: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
- 7.4.2. Europe: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.3. Engineered Fibers Market - UK
  - 7.4.3.1. UK: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.4. Engineered Fibers Market - France
  - 7.4.4.1. France: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.5. Engineered Fibers Market - Germany
  - 7.4.5.1. Germany: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.6. Engineered Fibers Market - Italy
  - 7.4.6.1. Italy: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.7. Engineered Fibers Market - Spain
  - 7.4.7.1. Spain: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.8. Engineered Fibers Market - Netherlands
  - 7.4.8.1. Netherlands: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.9. Engineered Fibers Market - Russia
  - 7.4.9.1. Russia: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.4.10. Engineered Fibers Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
7.5. Engineered Fibers Market - Asia Pacific
- 7.5.1. Asia Pacific: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.3. Engineered Fibers Market - China
  - 7.5.3.1. China: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.4. Engineered Fibers Market - India
  - 7.5.4.1. India: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.5. Engineered Fibers Market - Malaysia
  - 7.5.5.1. Malaysia: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.6. Engineered Fibers Market - Japan
  - 7.5.6.1. Japan: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.7. Engineered Fibers Market - Indonesia
  - 7.5.7.1. Indonesia: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.8. Engineered Fibers Market - South Korea
  - 7.5.8.1. South Korea: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.9. Engineered Fibers Market - Australia
  - 7.5.9.1. Australia: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.5.10. Engineered Fibers Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
7.6. Engineered Fibers Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.6.3. Engineered Fibers Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.6.4. Engineered Fibers Market - UAE
  - 7.6.4.1. UAE: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.6.5. Engineered Fibers Market - Israel
  - 7.6.5.1. Israel: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.6.6. Engineered Fibers Market - South Africa
  - 7.6.6.1. South Africa: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.6.7. Engineered Fibers Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
7.7. Engineered Fibers Market - Latin America
- 7.7.1. Latin America: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.7.3. Engineered Fibers Market - Mexico
  - 7.7.3.1. Mexico: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.7.4. Engineered Fibers Market - Brazil
  - 7.7.4.1. Brazil: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.7.5. Engineered Fibers Market - Argentina
  - 7.7.5.1. Argentina: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)
- 7.7.6. Engineered Fibers Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Engineered Fibers Market, by Type, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Engineered Fibers Market, by End-Use Industry, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. China Petroleum & Chemical Corporation.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. DuPont.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Epsilon Composite
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Formosa Plastics Group
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Hexcel Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Lenzing AG
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Mitsubishi Chemical Corporation.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. SGL Carbon
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Solvay
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Teijin Limited
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Toray Industries, Inc.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Zhongfu Shenying Carbon Fiber Co., Ltd.
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development