The global aramid fibers market size was USD 5,069.0 Million in 2021 and is expected to register a revenue CAGR of 6.0% during the forecast period. Surge in demand for personnel protection equipment in lightweight materials that protect the wearer from thermal, physical, electrical, and biological dangers are key factors driving market revenue growth. Aramid fiber is used for the production of stab-resistant and bullet-proof products, including gloves, helmets, and clothing materials. It is also widely used in the production of products such as fishing and golf rods, bows, skis, and airplane wall materials.
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Top Players in the Global Aramid Fibers Market:
DowDuPont, Toray Industries, Inc., Hyosung Corporation, Kolon Industries Inc., China National Bluestar (Group) Co. Ltd, Teijin Limited, Kermel, Ibiden Co., Ltd., SRO Aramid (Jiangsu) Co., Ltd., and Yantai Tayho Advanced Materials Co., Ltd.
Aramid fibers are man-made fibers characterized by relatively rigid polymer chains. Strong hydrogen bonds connect the molecules, efficiently transferring mechanical strength despite their low molecular weight. These fibers have high strength, better abrasion resistance, better resistance to organic solvents, high melting points, non-conductivity, good fabric integrity, and low flammability at high temperatures.
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Market segmentation based on Type Outlook:
- Para-Aramid Fiber
- Meta-Aramid Fiber
- Others
Spinning Process Outlook:
- Wet Spinning
- Dry Spinning
Application Outlook:
- Security Protection
- Frictional Materials
- Optical Fibers
- Tire Reinforcement
- Electrical Insulation
- Others
End-Use Outlook:
- Aerospace Defense
- Automotive
- Electronics Telecommunication
- Sports Goods
- Others
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Aramid Fibers market over the forecast period?
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- Which are the leading manufacturers and suppliers in the global Aramid Fibers market?
- Which regional market is expected to lead in terms of revenue share in the global Aramid Fibers market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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