Market Regional Analysis
North America is expected to hold significant market share in global polybenzoxazole fibers market, owing to growing use of polybenzoxazole fibers in space applications. The U.S. is expected to dominate the region, due to increasing space applications. Europe and Asia Pacifica are also expected to witness significant growth, owing to increasing space applications. Moreover, increasing the use of polybenzoxazole fibers in motorsport racing is expected to boost growth of the market during the forecast period.
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