The global Aramid Fiber market was valued at US$ 4348 million in 2019 and it is expected to reach US$ 4899.1 million by the end of 2026, growing at a CAGR of 1.7% during 2021-2026.
Aramid Fiber is man-made high-performance fiber, with molecules that are characterized by relatively rigid polymer chains. These molecules are linked by strong hydrogen bonds that transfer mechanical stress very efficiently, making it possible to use chains of relatively low molecular weight. Aramid fibers are a class of heat-resistant and strong synthetic fibers. They are used in aerospace and military applications, for ballistic-rated body armor fabric and ballistic composites, in bicycle tires, and as an asbestos substitute. The name is a portmanteau of “aromatic polyamide”. They are fibers in which the chain molecules are highly oriented along the fiber axis, so the strength of the chemical bond can be exploited.
As international economic situation is complicated, China’s economy is developing rapidly. Global Aramid market demand will maintain steady growth. The global capacity distribution is mainly focused on the area of USA with the share of 34.64% (2016), Europe with 35.42%, and China with11.04%.
Global Aramid Fiber Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Aramid Fiber Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are DowDuPont, Teijin, JSC Kamenskvolokno, Kolon, Hyosung, Huvis, Tayho, Bluestar, Sinopec Yizheng Chemical Fibre, Guangdong Charming, Hebei Silicon Valley Chemical, Zhaoda Specially Fiber, SRO and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-aramid-fiber-market-research-report
Segment by Type
- Para-aramid Fibers
- Meta-aramid Fibers
Segment by Application
- Body Armor & Helmet
- Aerospace Materials
- Sports Materials
- High Strength Rope
Table of Content:
1 Aramid Fiber Market Overview
2 Aramid Fiber Market Competition by Manufacturers
3 Aramid Fiber Retrospective Market Scenario by Region
4 Global Aramid Fiber Historic Market Analysis by Type
5 Global Aramid Fiber Historic Market Analysis by Application
6 Key Companies Profiled
7 Aramid Fiber Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Aramid Fiber Market Dynamics
10 Global Aramid Fiber Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta