The Business Research Company’s report goes into great detail on the aramid fiber market size and growth, aramid fiber market regional analysis, aramid fiber market competitive landscape, and other critical information needed to excel in the aramid fiber industry.

Major players in the aramid fiber market include 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.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

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%.

Europe was the largest region in the aramid fiber market in 2021.

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.

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 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 fulfil the growing demand from end-use sectors.

TBRC’s global aramid fiber market report is segmented:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Aramid Fiber Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the aramid fiber market globally and regionally, analyzes and forecasts market size, share, aramid fiber market players, aramid fiber market segments, leading competitor revenues, profiles and market shares

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