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The high performance fiber market has been segmented into electronics & telecommunication, textile, aerospace & defense, construction & building, automotive, sporting goods, and others. The aerospace & defense application segment is projected to lead the high performance fiber market during the forecast period. Increased use of high performance fibers to manufacture aircraft structural components, Fiberglass Reinforced Plastics (FRP) boards, automotive structural parts, golf shafts, and wind blade components, among others is expected to boost the growth of the high performance fiber market.

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