Report Synopsis
Aramid fiber, composed of aromatic polyamides, has been a key material for use in various applications due to its diversified characteristics including high strength, impact resistance, low density, good chemical resistance, high heat resistance and abrasion resistance. Safety & protection, electrical insulation, filtration, frictional materials, optical fiber cables, rubber and tire reinforcements are among the current applications in which aramid fibers have been mostly utilized.
Safety & Protection constitutes the largest end-use application for aramid fibers accounting for a share of over 30.7%, translated into 29.7 thousand metric tons in 2018. Further, the consumption of aramid fibers in Safety & Protection applications is projected to record a CAGR of 7% during 2019-2025, reaching 47.6 thousand metric tons by 2025.
Research Findings &Coverage
- The global report on Aramid Fibers analyzes the global market with respect to product types and end-use applications
- Aramid Fibers market size is estimated in this report by product type and application across all major countries
- Safety and Protection Markets Provide Lucrative Prospects for the Aramid Fibers Industry
- Optical Fiber Cables Industry Driving Rapid Demand for Para-Aramid Fibers
- Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
- Major companies profiled – 22
- The industry guide includes the contact details for 83 companies
Product Outline
The report analyzes the market for the following key product types of Aramid Fibers:
- Para-aramid
- Meta-aramid
The market for end-use applications of Aramid Fibers explored in this report includes the following:
- Safety & Protection
- Frictional Materials
- Electrical Insulation
- Filtration
- Optical Fiber Cables
- Tire Reinforcements
- Rubber Reinforcements
- Other Applications
Analysis Period, Units and Growth Rates
- The report reviews, analyzes and projects the global Aramid Fibers market for the period 2016-2025 in terms of both volumes in metric tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2019 through 2025
Geographic Coverage
- North America (The United States and Canada)
- Europe (France, Germany, Italy, Spain, The Netherlands, Russia, The United Kingdom and other countries)
- Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
- Rest of World