The report on the Global Aramid Fiber Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Aramid fiber is a type of synthetic fiber which is heat and flame retardant. It is prepared by polymerization of carboxylic acid halides and amines. Aramid fiber has numerous end-user applications and is used in military, flame retardant clothing, optical fiber systems, aerospace interiors, ropes and wires, snowboards and body armor fabrics.
Owing to its numerous end user applications aramid fiber has high market potential and demand. It’s flame retardant and heat filtration features further increases its market value. Based on products global aramid fiber market is segmented as meta-aramid fiber and para-aramid fiber. Further this report is segmented on the basis of end- use into electrical, electronics & telecommunication, aerospace & defense, automotive and others (including construction).
Aerospace & defense are the most prominent end-user applications to augment the growth of this market. Increased warfare activities and rise in the number of terrorist attacks are forcing countries around the world to adopt efficient and advanced defense system. This in turn significantly fuels the growth of global aramid fiber market. Urbanization and industrialization has led to the rapid growth of telecommunication systems which is another significant factor to boost growth of this market. High demand for electronic appliances will further empower the growth of this market.
This report is segmented by geography as Europe, Asia Pacific, North America, Latin America and Middle East and Africa. North America and Europe are developed regions which dominate this market owing to their high economic stability. On the other hand Asia Pacific is the prominent region among the developing economies. Major regions like India and China contribute for its rapid growth. Latin America is also expected to show substantial market growth for the forecast.
Key participants in the global aramid fiber market are:
- Yantai Tayho Advanced Materials Co. Ltd
- Kermel
- Alchemie Group
- SRO Group (China) Ltd
- China National Bluestar (Group) Co. Ltd
- Guangdong Charming Co. Ltd
- E. I. du Pont de Nemours and Company
- Teijin Aramid
- Kolon Industries Inc.
- Hyosung Corporation
SEGMENTATIONS IN REPORT:
Aramid Fiber By Product
- Para-Aramid Fiber
- Meta-Aramid Fiber
Aramid Fiber By End-User
- Aerospace & Defense
- Automotive
- Electrical
- Electronics & Telecommunication
- Others (Including Construction)
Aramid Fiber By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Aramid Fiber Market has been exhibited in detail in the following chapters -
Chapter 1 Aramid Fiber Market Preface
Chapter 2 Executive Summary
Chapter 3 Aramid Fiber Industry Analysis
Chapter 4 Aramid Fiber Market Value Chain Analysis
Chapter 5 Aramid Fiber Market Analysis By Product
Chapter 6 Aramid Fiber Market Analysis By End-User
Chapter 7 Aramid Fiber Market Analysis By Geography
Chapter 8 Competitive Landscape Of Aramid Fiber Companies
Chapter 9 Company Profiles Of Aramid Fiber Industry