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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
When polyacrylic acid (PAA) and maleic anhydride are heated under specific conditions, oxidation, cross-linking, and the creation of long molecules with carboxyl groups at each end occur, yielding oxidised PAN fibres.
In contrast to other nanofibers like graphene oxide or carbon nanotubes, oxidised PAN has a high mechanical strength because of its chemical composition.
The fact that it is made of connected conductive carbons gives it outstanding electrical qualities as well. These fibres also cost less than most materials utilised in a variety of applications since they are low density materials.
The Global Automotive oxidised PAN fibre engine cover market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Graphene oxide and carbon nanotubes are two other nanofibers with low mechanical strength; oxidised PAN has a high mechanical strength due to its chemical composition. One of the major end-user sectors for oxidised PAN fibre is the automotive industry.
Engineering plastics (EP) grades and composites used in car body panels drive demand for it, accounting for more than a quarter of global sales. The world's expanding automotive industry has fueled demand. There are two types: high-performance EP grades that use oxidised PAN
Fibre as reinforcement material in polymeric composite structures (such as engine blocks), and low-cost plastic parts like bumpers or trim pieces where it can be replaced with other materials like PP or ABS without compromising on performance quality because of the low-cost, high-performance of oxidised PAN Fiber.
The railway industry has a larger need for oxidised PAN fibre. This is a trend that was sparked by China's crackdown on high-polluting coal power plants and industrial pollution, which increased the demand for affordable replacements to phthalates in plasticizers.
The increasing difficulties of developing nations like India and Indonesia, which are significantly expanding in their rail networks without making sizable investments in new emissions-abatement technologies or planning infrastructure growth around already-polluted zones, are further demand drivers.
When thermally bonded with polymers, oxidised PAN fibres may perform better than conventional plastics because they can lessen shrinkage while enhancing the tensile strength and elongation characteristics of materials at high temperatures.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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