Aramid Fiber Market is expected to reach US$ 8.19 Bn. by 2029, at a CAGR of 9.8% during the forecast period.
Aramid Fiber Market Overview
The total global market for Aramid Fiber Market was in 2021 from the supply side, claimed Sr. Research Analyst Ms. Neha Nalwade while publishing the report. Maximize Market research published the global market and industry analysis report on the Aramid Fiber Market market on 20th November and is available in the market now. The report includes key business insights and market sizing by region, products, and applications, with a forecast for 2029.
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Aramid Fiber Market Scope
The Maximize Market research Report provides Aramid Fiber Market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the Aramid Fiber Market , including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in the report.
Maximize Market Research report explains how to do in-depth research on the Aramid Fiber Market and develop conclusions about the market's future growth factors. The research technique combines primary and secondary research methodologies to ensure the authenticity and validity of the findings in the research.
Aramid Fiber Market Segmentation
According to types, the two aramid fibres that are extensively used in numerous end user industries are para-aramid fibre and meta-aramid fibre. When compared to meta-aramid fibres, the para-aramid segment has superior qualities like high strength and lightweight, and it is expected to dominate the market during the forecast period. Over the past few decades, these fibres have become more and more popular in a variety of applications, including ballistic protection, wire and cables, race cars, and protective gloves. The meta-aramid fibre segment is anticipated to have the highest CAGR in terms of revenue during the forecast period.
Due to the growing applicability of personal protective equipment in numerous end-use markets, security and protection holds the largest share by application in 2021. Due to growing concerns over personnel protection in the military and industrial sectors, aramid fibres are heavily utilised in this application.
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Key Players
• Dow DuPont
• Teijin Ltd.
• Toray Industries Inc.
• Hyosung Corp.
• Kolon Industries Inc.
• Huvis Corp.
• Yantai Tayho Advanced Material Co.
• Kermel
• China National Bluestar Co. Ltd.
• Taekwang Industrial Co., Ltd.
• SRO Aramid (Jiangsu) Co. Ltd
• Solvay
• Aramid Hpm, LLC
• FIBERMAX Ltd
• Bally Ribbon Mills
• c-m-p gmbh
• TOYOBO CO., LTD.
• Coast-Line International
Regional Analysis
The report on the Aramid Fiber Market 's growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
Key Questions answered in the Aramid Fiber Market Report are:
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Key offerings:
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Mar 06, 2023