Key Findings
The Europe aramid fiber market is expected to grow at a CAGR of 6.93% in terms of revenue and 6.59% in terms of volume during the forecast period. Europe was the largest market for aramid fibers in terms of its applications in optical fibers. The growing demands from automotive industries are the primary driver of aramid fiber market growth in Europe.

Market Insights
The Europe aramid market is assessed on the basis of markets situated across the regions, such as Germany, France, the United Kingdom, Italy, Spain, and the Rest of Europe. The rising demands for high bandwidth fiber optic cables are estimated to influence the market growth of aramid fibers with respect to optical fibers segment in Europe. Germany is the financial powerhouse, with construction segment as its primary driver, which has a tremendous influence on the aramid fiber market. The increasing demands from the aerospace and defense sector are driving the French aramid market growth. The cost of manufacturing, expensive raw materials, hamper market growth. Since aramid fibers are non-biodegradable, it leads to environmental pollution. With growing environmental concerns and awareness, it becomes a setback for aramid fibers market growth.

Competitive Insights
The increasing concern of security has resulted in growing demands of aramid fiber, which provides ample opportunities for the emerging companies in the market. Some of them are Kermel, Kolon Industries, Inc., SRO Aramid (X-Fiper New Material Co., Ltd), Taekwang Industrial Co., Ltd., Hyosung Corp., China National Bluestar (Group) Co. Ltd., etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments