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. and HYOSUNG Corporation.
Decision Databases is involved in providing research reports and company profiles in the global aramid fiber market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The aramid fiber market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our aramid fiber profiles.
SEGMENTATIONS IN REPORT:
Aramid Fiber By Product
1. INTRODUCTION TO THE ARAMID FIBER MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF ARAMID FIBER
4. ARAMID FIBER MARKET ANALYSIS BY PRODUCT
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