The Global Aramid Fiber Reinforcement Materials Market Was Valued At $2,680 Million In 2015, And Is Expected To Reach $4,813 Million By 2022, Growing At A CAGR Of 8.8% From 2016 To 2022. Aramid Fibers Are Synthetic Fibers Known For Their Exceptional Heat & Fire Resistance And Strength Properties. These Fibers Are Used In Various Industrial Applications Ranging From Aerospace & Defense To Optical Fiber Cable System. General Characteristics Of Aramid Fibers Include Low Flammability, Non-Conductivity, And Resistance To Abrasion & Organic Solvents. Aramid Fibers Were First Developed By Du Pont In 1960s For Use In Commercial Applications, Under The Trade Name Nomex.

The Factors That Drive The Global Aramid Fiber Reinforcement Materials Market Are Upsurge In Security Concerns, Rise In Demand From Aerospace & Defense Industry, And Exceptional Properties Of Aramid Fiber Including Heat And Fire Resistance & Strength. However, High Investment Costs And Non-Biodegradable Nature Of Aramid Fiber Are Expected To Hinder The Market Growth During The Forecast Period. Growth Opportunities Exist In The Market, Owing To The Expanding Applications In The Defense Sector And Advancements In Existing Technologies.

The Global Aramid Fiber Reinforcement Materials Market Is Segmented Based On The Type, End-Use Industry, And Geography. On The Basis Of Type Segment, The Aramid Fiber Market Is Categorized Into Para-Aramid Fibers, Meta-Aramid Fibers, And Others. Based On End-Use Industry, The Market Is Segmented Into Aerospace & Defense, Automotive, Consumer Goods, Marine, And Others. Geographically, It Is Analyzed Across North America, Europe, Asia-Pacific, And LAMEA.

The Key Players Of Global Aramid Fiber Reinforcement Materials Market Have Adopted Product Launch And Innovation As Their Key Development Strategies To Enhance Their Product Portfolio And Strengthen Their Position In The Global Market. For Instance, In June 2016, Teijin Limited And Komatsu Seiren Launched A New Aramid Fiber To Be Used In High Visibility Protective Clothing.

Top Players Operating in the Aramid Fiber Reinforcement Materials Market Include:

E. I. Du Pont De Nemours And Company
Kolon Industries, Inc.
Teijin Limited
Honeywell International Inc.
Hyosung Corporation
Toray Industries, Inc.
SRO Aramid (Jiangsu) Co., Ltd.
Yantai Tayho Advanced Materials Co., Ltd.
Huvis Corporation
Ibiden Co., Ltd.

KEY BENEFITS FOR STAKEHOLDERS

This Report Provides A Detailed Quantitative Analysis Of The Current Trends And Future Estimations From 2014 To 2022 Of The Global Aramid Fiber Reinforcement Materials Market, Which Assist To Identify The Prevailing Market Opportunities.
In-Depth Coverage Of The Market Including Drivers, Restraints, And Opportunities Helps Professionals To Understand The Market Behavior In An Efficient Manner.
Detailed Study Of The Strategies Adopted By The Key Leaders, Such As Partnerships And Acquisitions, Is Provided.
Porter’s Five Forces Analysis Examines The Competitive Structure Of The Market And Assists Strategists In Better Decision-Making.
Pinpoint Analysis Of Geographical Segments Helps To Identify Opportunities For Growth Within The Market.
Aramid Fiber Reinforcement Materials Market Key Segments

By Type

Para-Aramid Fibers
Meta-Aramid Fibers
Others

By End-Use Industry

Aerospace & Defense
Automotive
Consumer Goods
Marine
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
Japan
Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest Of LAMEA

Other Prominent Market Players Are As Follows:

Kermel
China National Bluestar (Group) Co. Ltd.
BASF SE
Guangdong Charming Co., Ltd.
JSC Kamenskvolokno
Suzhou Zhaoda Specially Fiber Technical Co., Ltd.
YF International BV
Tango Engineering Ltd.
Polymer Technologies Pte. Ltd.
Lydall Performance Materials Inc.
(The Above Companies Are Not Profiled But Can Be Done On Client Request)