Aramid fiber market size, share industry analysis report, 2024. Aramid fiber market share, growth outlook industry pdf. Aramid fibers are strong, humanmade and heatresistant synthetic fibers with molecules, which are characterized by relatively rigid polymer chains. The report, global aramid fiber market 20182022, has been prepared based on an indepth market analysis with inputs from industry experts. Global aramid fiber market size, share industry outlook. Global size, share, pdf, report and industry manufacturers posted on april 2, 2020 april 2, 2020 author admin comment0 according to the latest report by imarc group, titled aramid fiber market. Aramid fiber market analysis global market share, growth, trends, forecast, global aramid fiber market outlook 20182027. Aramid fibers are derived for their superior strength and stiffness that allows its usage for efficient load transfer in heavyduty industries. The market for aramid fiber is expected to witness a cagr of over 5% during the forecast period. Aramid fiber reinforcement materials market report covers size, share and forecast value and. According to this study, over the next five years the aramid fiber protective apparel market will register a 3.
This market research report provides information about specialty chemicals, chemicals industry. However, meta aramid fiber has witnessed huge demand due to presence of different properties such as flame resistance, electrical insulation, chemical stability, radiation resistance. The rising demand for protective apparel coupled with growing need from the aerospace industry is driving the paraaramid fiber market, globally. Aug 12, 2019 aramid fiber market size is likely to exceed usd 5 billion by 2024. Dec 06, 2018 according to the report, the global aramid fiber market was valued at usd 2. Asiapacific aramid fiber market growth, trends and. The aramid fiber market is expected to grow from usd 3. Major factor driving the market studied is the growing need for fuel efficiency. The global list of companies covers addresses, contact numbers and the website addresses of 23 companies. The global aramid fiber market size was estimated at usd 3. In a fire resistance test, the specimens were kept in a hot air oven at a temperature of 200 c at. Electronic pdf the global aramid fiber market size is expected to reach usd 6.
Kiran pulidindi, hemant pandey share aramid fiber market size is likely to exceed usd 5 billion by 2024. Aramid fiber market growth, industry share, research report. The linear density of the staple fibers can be selected from 0. Increasing needs for protective and security measures is anticipated to augment the growth of global aramid fiber market. Global aramid fiber market is set to rise from its initial estimated value of usd 3. On the basis of type the market is classified into paraaramid fiber and metaaramid fiber. The presence of strict regulations related to carbon emissions that are encouraging companies to shift focus to alternate materials that are fuelefficient, strong, and lightweight is the primary driving factor of the. Get more details on this report request free sample pdf. Aramid fiber reinforcement materials market analysis and. Global industry trends, share, size, growth, opportunity and forecast 20202025, the global aramid fiber market size reached a strong growth in 2019.
Aramid fiber market by type, application, region covid. The global aramid fibers market is expected to achieve significant growth rates in the foreseeable future owing to increasing demand from automobile and aerospace industry. The global aramid fiber market offers very strong growth opportunity and is foreseen to grow at 8. Global size, share, pdf, report and industry manufacturers published. Global aramid fiber market size industry growth report, 2027. Jan 18, 2018 technavios report, global aramid fiber market 20182022, has been prepared based on an indepth market analysis with inputs from industry experts. They exhibit superior characteristics such as good resistance to abrasion and organic solvents, nonconductivity, high melting point, low flammability, and others.
Aramid fiber is a class of fibers which are heat resistant and strong structural strength. Apr 22, 2020 the aramid fiber reinforcement materials market 20202029 attributes to all the important elements which help businesses operating in the industry to thoroughly understand the worldwide market. Paraaramid fiber was the largest application of the aramid fiber market, in terms of value and volume, in 2018. Aramid fiber refers to a class of heatresistant and strong synthetic fibers. Aramid fibers are a class of heatresistant and strong synthetic fibers. Superior properties such as strength and heatresistance of aramid fiber has promoted its utilization in production of body armor fabric. Aramid fiber market growth, trends, and forecast 2020. The report offers indepth insights, revenue details, and other vital information regarding the global aramid fiber reinforcement materials market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The aramid fiber market size is projected to grow at 8.
Aramid fiber market size, share industry analysis report. Global aramid fiber market expected to reach usd 5. Global aramid fiber output totaled 115kt with capacity utilization of 76. Get indepth analysis of the covid19 impact on the aramid fiber market. The chain molecules in the fibers are highly oriented along the fiber axis. Aramid fiber reinforcement materials market growth, 20142022.
The global aramid fiber market size is expected to reach usd 6. Technavios report, global aramid fiber market 20182022, has been prepared based on an indepth market analysis with inputs from industry experts. Global aramid fiber reinforcement materials market by. The mechanical strength of aramid fibers is 510% greater than other synthetic fibers. Rising demand for industrial protective clothing and key properties like high durability, immense strength, and resistance to wear and tear will boost aramid fiber market. Aramid fibers have been listed as soft body armor material according to imas and european standards. Aramid fiber is a versatile product with low volatile emission and flexibility that makes it suitable for building, paints, and textile industries. Aramid fiber market size, share global report 2026. Aromatic polyamides were commercially first applied as metaaramid fibers in the early 1960s, and paraaramid fibers were developed in the 1960s and 1970s.
Aramid fiber market paraaramid fiber and metaaramid fiber. The report also provides the listing of the companies engaged in manufacturing and supply of aramid fibers. Global industry trends, share, size, growth, opportunity and forecast 20202025, the global aramid fiber market. Aramid fiber market growth, trends, and forecast 2019 2024. Apr 02, 2020 press release aramid fiber market 20202025. The worldwide aramid fiber market is anticipated to count measurable cagr between 2018 and 2026 due to positive outlook in end user industries such as automotive, aerospace and protective clothing will boost the market over the forecast period.
The aramid fiber market is projected to grow from usd 3. Aramid fiber market by type, application, region covid19. Global aramid fiber honeycomb market research report 2021 report is published on july, 2016 and has 127 pages in it. Pdf this report covers market size and forecasts of aramid fiber reinforcement materials, including the following market information.
Aramid fiber market growth, trends, and forecast 2020 2025. Aramid fiber market share, growth outlook industry pdf report. In addition, a variouscut staple fiber product is available with fiber lengths of between 76 mm and 100 mm. The presence of strict regulations related to carbon emissions that are encouraging companies to shift focus to alternate materials that are fuelefficient, strong, and. Global aramid fiber market 20182022 research and markets. The strategic report provides critical insights on the aramid fiber market size, share, trend, forecasts, and opportunity analysis. Global aramid fiber market industry trends and forecast to 2026. According to the report, the global aramid fiber market was valued at usd 2.
On the flipside, the availability of alternatives with better properties is expected to hinder the growth of the market studied. Mar 01, 2020 the asiapacific aramid fiber market is estimated to witness a significant growth, at an estimated cagr of around 8%, over the forecast period. The aramid fiber market was dominated by europe regarding demand, with germany, uk, and france being the major markets. The aramidfiber wrapping reduces weight loss by 40% and improves compressive strength by 140%. Emerging economies such as india and china are forecast to surge the demand for aramid fibre market due to increasing manufacturing of various products such as. Aramid fiber market growth, industry share, research. The global aramid fiber market is estimated to gain huge traction in terms of value, during the forthcoming years. Global aramid fiber protective apparel market growth 2020.
According to the latest report by imarc group, titled aramid fiber market. Global aramid fiber market global aramid fiber market is set to rise from its initial estimated value of usd 3. Aramid fiber market growth, trends, and forecast 2019. Global aramid fiber market industry trends and forecast. They are used in aerospace and military applications, for ballisticrated body armor fabric and ballistic composites, in marine cordage, marine hull reinforcement, and as an asbestos substitute. During the forecast period it is expected that the paraaramid fiber will contribute largest share in the market. The paraaramid segment accounted for a prominent share in the market. Aramid fiber market size will surpass usd 5 billion by 2024. Aramid fiber market could be explored by product type, application, and geography. As aramids have 510% higher mechanical properties than other synthetic fibres, these are di splacing metal wires and inorganic fibres from the market of hi gh performance uses like various structural composites for application in aircraft, marine and automobile, ropes for offshore oil rigs. Major factor driving the market studied is the increasing demand from the aerospace sector. Key players covered in the aramid fiber market report are dupont, teijin. Covid19 impact on aramid fiber reinforcement materials.
Market size through cost is expected and forecasted with the sales of leading companies operating within the aramid fiber market with key developments in businesses and market trends. Aramid fiber market size, share, trends, opportunities. The global aramid fiber market is segmented by type, application, and geography. Rising demand for the product from various industries such as oil and gas, healthcare, manufacturing, and others owing to stringent government regulations related to workplace safety is estimated to fuel market growth over the forecast period. The aramid fiber market is expected to grow at a significant rate during the forecast period owing to the use in aerospace and military applications attributing to the ballistic properties. The report covers the market landscape and its growth prospects over the coming years. The aramid fiber market is segmented by type, application, and geography. Global aramid fiber honeycomb market research report 2021. The asiapacific aramid fiber market is estimated to witness a significant growth, at an estimated cagr of around 8%, over the forecast period. Aramid fiber is a manmade organic polymer and belongs to a class of heatresistant and strong synthetic fibers.
The global aramid fibre market is expected to grow at significant rate over the forecast period from 2015 to 2025. The study includes profiles of major companies operating in the global aramid fiber market. According to verified market research, global aramid fiber market was valued at usd 3. As aramids have 510% higher mechanical properties than other synthetic fibres, these are di splacing metal wires and inorganic fibres from the market of hi gh performance uses like various structural composites for application in aircraft, marine and automobile, ropes for offshore oil. It is likely to witness substantial growth in the years to come. Aramid fiber market paraaramid fiber and metaaramid. Several specified staple fiber lengths can be supplied 40, 50, 60 mm.