Learn about the global aramid fiber market through The Business Research Company, which provides information on aramid fiber market size, aramid fiber market drivers and restraints, aramid fiber market players, the COVID-19 impact on the aramid fiber market, and more.

The global aramid fiber market is expected to grow from $3.80 billion in 2021 to $4.28 billion in 2022 at a compound annual growth rate (CAGR) of 12.7%. The global aramid fiber market is expected to reach $6.00 billion in 2026 at a CAGR of 8.8%.

The rising need for lightweight materials offering significant emission reduction in vehicles is contributing to the growth of the aramid fiber market.

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The aramid fiber market consists of sales of aramid fiber by entities (organizations, sole traders, and partnerships) that refers to a synthetic fibre in which the fiber-forming component is a long-chain synthetic polyamide with around 85 percent of the amide linkages attached to two aromatic rings. Aramid fibers are high-performance fibers manufactured from man-made molecules with relatively stiff polymer chains. These molecules are joined by strong hydrogen bonds that efficiently transfer mechanical stress, allowing for the utilization of chains with low molecular weight. Aramid fiber is mostly used for reinforcement in composites such as sports goods, aviation, and military vehicles, as well as fabrics in apparel such as fire safety garments or bulletproof jackets.

Global Aramid Fiber Market Segments Include:

By Type: Para-Aramid Fiber, Meta-Aramid Fiber

By Application: Protective Fabrics, Frictional Materials, Optical Fibers, Tire Reinforcement, Rubber Reinforcement, Composites, Other Applications

By End-Use Industry: Aerospace And Defense, Automotive, Electronics and Telecommunication, Sports Goods, Other End Users

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the aramid fiber market in 2021.

The increasing investments have emerged as the major trend gaining popularity in the aramid fiber market. Aramid fiber manufacturing companies are investing in expanding their aramid fiber production capacity in order to fulfill the growing demand from end-use sectors.

TBRC’s Aramid Fiber Market Report Covers:

Major Market Players: Teijin Ltd, DuPont De Numerous Inc, Yantai Tayho Advanced Materials Co. Ltd, Hyosung Corp, Toray Industries Inc., Kolon Industries Inc, Huvis Corporation, Kermel, China National Bluestar (Group) Co. Ltd, SRO Aramid Co. Ltd., JSC Kamenskvolokno, X-FIPER New Material Co. Ltd., Toyobo Co Ltd, Taekwang Industrial, Jiaxing Newtex Composites Co. Ltd, Guangdong Charming Company, Bally Ribbon Mills, Coats group plc, Vectorply, and Solvay.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Aramid Fiber Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides aramid fiber market overviews, analyzes and forecasts market size, share, aramid fiber market players, aramid fiber market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s aramid fiber market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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