Aramid Fiber Market is expected to reach US$ 8.19 Bn. by 2029, at a CAGR of 9.8% during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding aramid fiber market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in aramid fiber market.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Aramid fiber is used in several applications due to its advantageous mechanical properties, such as high strength, impact resistivity, abrasion thermal degradation resistance, etc. Para-aramid and meta-aramid fiber is used mostly in protective clothing. These fibers when used in clothing, conveys several properties such as high strength, lightweight, cut-resistivity, and high energy absorption into the clothing material. These are used extensively in ballistic protective applications, such as bulletproof vests, protective apparel such as gloves, motorcycle protective clothing, and hunting gaiters, chaps, and pants. Global demand for aramid fibers, which was bottomed out in 2021 has increased to record level in 2029 and is projected to increase by a CAGR of about 9.10% during 2021-2029, reflecting the growing need for materials that contribute to enhanced safety and security, low weight and help reducing energy consumption. End user industries such as Automotive and aerospace & defense are expected to persist the key end use industries in the global aramid fiber market during the forecast timeframe. A significant part of every country's annual budget is occupied by the defense sector due to several factors such as political differences and rising tension across borders. Therefore, increased government expenditure in the aerospace, defense and security industries is expected to drive the market in forecast period. Increased demand for lightweight materials in security & protection applications and potential substitute for steel and asbestos are the major drivers of the aramid fiber market. The increasing pollution levels in many developed as well as emerging regions are reaching an alarming stage. Such a situation is one of the main factors for the growth in demand of aramid fibers market. High R&D costs of the aramid fibers and non-biodegradable nature of aramid fibers are the restraining factors for the growth of aramid fibers market. Based on types, Para-aramid fiber and meta-aramid fiber are the two types of aramid fibers which are widely used in many end user industries. The para-aramid segment has superior properties such as high strength, lightweight as compared to meta-aramid fibers and likely to dominant the market during the forecast period. These fibers have gained popularity over the few decades in many applications such as ballistic protection, wire and cables, race cars, and protective gloves. In terms of revenue, meta-aramid fiber segment is expected to hold a highest CAGR during the forecast period. Based on application, Security and protection accounts largest share by application in 2021 due to increasing applicability of personal protective equipment in various end-use markets. Aramid fibers are highly used in this application due to growing concerns over protection of personnel in military and industrial sectors. Europe was the leading market for aramid fiber followed by North America and APAC, holding around 37% market share in 2021. Also, in 2021, North America held the second largest market for aramid fiber with around 28% share while the APAC held around 22%. The Asia Pacific is further foretold to be the fastest growing market for aramid fiber in the forecasted year.
Aramid Fiber Market Scope: Inquire before buying
Aramid Fiber Market Base Year 2021 Forecast Period 2022-2029 Historical Data CAGR Market Size in 2021 Market Size in 2029 2017 to 2021 9.8% US$ 3.88 Bn US$ 8.19 Bn Segments Covered by Type • Para-Aramid Fiber • Meta-Aramid Fiber by Application • Security & Protection • Frictional Material • Industrial Filtration • Optical Fibers • Rubber Reinforcement • Tire Reinforcement Regions Covered North America • United States • Canada • Mexico Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A South America • Brazil • Argentina • Rest of South America Aramid Fiber Market Key Players
• Dow DuPont • Teijin Ltd. • Toray Industries Inc. • Hyosung Corp. • Kolon Industries Inc. • Huvis Corp. • Yantai Tayho Advanced Material Co. • Kermel • China National Bluestar Co. Ltd. • Taekwang Industrial Co., Ltd. • SRO Aramid (Jiangsu) Co. Ltd • Solvay • Aramid Hpm, LLC • FIBERMAX Ltd • Bally Ribbon Mills • c-m-p gmbh • TOYOBO CO., LTD. • Coast-Line International Frequently Asked Questions: 1. Which region has the largest share in Global Aramid Fiber Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Aramid Fiber Market? Ans: The Global Aramid Fiber Market is growing at a CAGR of 9.8% during forecasting period 2022-2029. 3. What is scope of the Global Aramid Fiber Market report? Ans: Global Aramid Fiber Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Aramid Fiber Market? Ans: The important key players in the Global Aramid Fiber Market are – Dow DuPont, Teijin Ltd., Toray Industries Inc., Hyosung Corp., Kolon Industries Inc., Huvis Corp., Yantai Tayho Advanced Material Co., Kermel, China National Bluestar Co. Ltd., Taekwang Industrial Co., Ltd., SRO Aramid (Jiangsu) Co. Ltd, Solvay, Aramid Hpm, LLC, FIBERMAX Ltd, Bally Ribbon Mills, c-m-p gmbh, TOYOBO CO., LTD., and Coast-Line International. 5. What is the study period of this Market? Ans: The Global Aramid Fiber Market is studied from 2021 to 2029.
Global Aramid Fiber Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Function 2.3.2. Primary Research 2.3.2.1. Data from Primary Function 2.3.2.2. Breakdown of Primary Function 3. Executive Summary: Global Aramid Fiber Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Aramid Fiber Market Analysis and Forecast 6.1. Global Aramid Fiber Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Aramid Fiber Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Aramid Fiber Market Value Share Analysis, by Type 7.4. Global Aramid Fiber Market Size (US$ Bn) Forecast, by Type 7.5. Global Aramid Fiber Market Analysis, by Type 7.6. Global Aramid Fiber Market Attractiveness Analysis, by Type 8. Global Aramid Fiber Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Aramid Fiber Market Value Share Analysis, by Application 8.4. Global Aramid Fiber Market Size (US$ Bn) Forecast, by Application 8.5. Global Aramid Fiber Market Analysis, by Application 8.6. Global Aramid Fiber Market Attractiveness Analysis, by Application 9. Global Aramid Fiber Market Analysis, by Region 9.1. Global Aramid Fiber Market Value Share Analysis, by Region 9.2. Global Aramid Fiber Market Size (US$ Bn) Forecast, by Region 9.3. Global Aramid Fiber Market Attractiveness Analysis, by Region 10. North America Aramid Fiber Market Analysis 10.1. Key Findings 10.2. North America Aramid Fiber Market Overview 10.3. North America Aramid Fiber Market Value Share Analysis, by Type 10.4. North America Aramid Fiber Market Forecast, by Type 10.4.1. Para-Aramid Fiber 10.4.2. Meta-Aramid Fiber 10.5. North America Aramid Fiber Market Value Share Analysis, by Application 10.6. North America Aramid Fiber Market Forecast, by Application 10.6.1. Security & Protection 10.6.2. Frictional Materials 10.6.3. Industrial Filtration 10.6.4. Optical Fibers 10.6.5. Rubber Reinforcement 10.6.6. Tire Reinforcement 10.6.7. Others 10.7. North America Aramid Fiber Market Value Share Analysis, by Country 10.8. North America Aramid Fiber Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Aramid Fiber Market Analysis, by Country 10.10. U.S. Aramid Fiber Market Forecast, by Type 10.10.1. Para-Aramid Fiber 10.10.2. Meta-Aramid Fiber 10.11. U.S. Aramid Fiber Market Forecast, by Application 10.11.1. Security & Protection 10.11.2. Frictional Materials 10.11.3. Industrial Filtration 10.11.4. Optical Fibers 10.11.5. Rubber Reinforcement 10.11.6. Tire Reinforcement 10.11.7. Others 10.12. Canada Aramid Fiber Market Forecast, by Type 10.12.1. Para-Aramid Fiber 10.12.2. Meta-Aramid Fiber 10.13. Canada Aramid Fiber Market Forecast, by Application 10.13.1. Security & Protection 10.13.2. Frictional Materials 10.13.3. Industrial Filtration 10.13.4. Optical Fibers 10.13.5. Rubber Reinforcement 10.13.6. Tire Reinforcement 10.13.7. Others 10.14. North America Aramid Fiber Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Aramid Fiber Market Analysis 11.1. Key Findings 11.2. Europe Aramid Fiber Market Overview 11.3. Europe Aramid Fiber Market Value Share Analysis, by Type 11.4. Europe Aramid Fiber Market Forecast, by Type 11.4.1. Para-Aramid Fiber 11.4.2. Meta-Aramid Fiber 11.5. Europe Aramid Fiber Market Value Share Analysis, by Application 11.6. Europe Aramid Fiber Market Forecast, by Application 11.6.1. Security & Protection 11.6.2. Frictional Materials 11.6.3. Industrial Filtration 11.6.4. Optical Fibers 11.6.5. Rubber Reinforcement 11.6.6. Tire Reinforcement 11.6.7. Others 11.7. Europe Aramid Fiber Market Value Share Analysis, by Country 11.8. Europe Aramid Fiber Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Aramid Fiber Market Analysis, by Country 11.10. Germany Aramid Fiber Market Forecast, by Type 11.10.1. Para-Aramid Fiber 11.10.2. Meta-Aramid Fiber 11.11. Germany Aramid Fiber Market Forecast, by Application 11.11.1. Security & Protection 11.11.2. Frictional Materials 11.11.3. Industrial Filtration 11.11.4. Optical Fibers 11.11.5. Rubber Reinforcement 11.11.6. Tire Reinforcement 11.11.7. Others 11.12. U.K. Aramid Fiber Market Forecast, by Type 11.12.1. Para-Aramid Fiber 11.12.2. Meta-Aramid Fiber 11.13. U.K. Aramid Fiber Market Forecast, by Application 11.13.1. Security & Protection 11.13.2. Frictional Materials 11.13.3. Industrial Filtration 11.13.4. Optical Fibers 11.13.5. Rubber Reinforcement 11.13.6. Tire Reinforcement 11.13.7. Others 11.14. France Aramid Fiber Market Forecast, by Type 11.14.1. Para-Aramid Fiber 11.14.2. Meta-Aramid Fiber 11.15. France Aramid Fiber Market Forecast, by Application 11.15.1. Security & Protection 11.15.2. Frictional Materials 11.15.3. Industrial Filtration 11.15.4. Optical Fibers 11.15.5. Rubber Reinforcement 11.15.6. Tire Reinforcement 11.15.7. Others 11.16. Italy Aramid Fiber Market Forecast, by Type 11.16.1. Para-Aramid Fiber 11.16.2. Meta-Aramid Fiber 11.17. Italy Aramid Fiber Market Forecast, by Application 11.17.1. Security & Protection 11.17.2. Frictional Materials 11.17.3. Industrial Filtration 11.17.4. Optical Fibers 11.17.5. Rubber Reinforcement 11.17.6. Tire Reinforcement 11.17.7. Others 11.18. Spain Aramid Fiber Market Forecast, by Type 11.18.1. Para-Aramid Fiber 11.18.2. Meta-Aramid Fiber 11.19. Spain Aramid Fiber Market Forecast, by Application 11.19.1. Security & Protection 11.19.2. Frictional Materials 11.19.3. Industrial Filtration 11.19.4. Optical Fibers 11.19.5. Rubber Reinforcement 11.19.6. Tire Reinforcement 11.19.7. Others 11.20. Rest of Europe Aramid Fiber Market Forecast, by Type 11.20.1. Para-Aramid Fiber 11.20.2. Meta-Aramid Fiber 11.21. Rest of Europe Aramid Fiber Market Forecast, by Application 11.21.1. Security & Protection 11.21.2. Frictional Materials 11.21.3. Industrial Filtration 11.21.4. Optical Fibers 11.21.5. Rubber Reinforcement 11.21.6. Tire Reinforcement 11.21.7. Others 11.22. Europe Aramid Fiber Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Aramid Fiber Market Analysis 12.1. Key Findings 12.2. Asia Pacific Aramid Fiber Market Overview 12.3. Asia Pacific Aramid Fiber Market Value Share Analysis, by Type 12.4. Asia Pacific Aramid Fiber Market Forecast, by Type 12.4.1. Para-Aramid Fiber 12.4.2. Meta-Aramid Fiber 12.5. Asia Pacific Aramid Fiber Market Value Share Analysis, by Application 12.6. Asia Pacific Aramid Fiber Market Forecast, by Application 12.6.1. Security & Protection 12.6.2. Frictional Materials 12.6.3. Industrial Filtration 12.6.4. Optical Fibers 12.6.5. Rubber Reinforcement 12.6.6. Tire Reinforcement 12.6.7. Others 12.7. Asia Pacific Aramid Fiber Market Value Share Analysis, by Country 12.8. Asia Pacific Aramid Fiber Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Aramid Fiber Market Analysis, by Country 12.10. China Aramid Fiber market forecast, by Type 12.10.1. Para-Aramid Fiber 12.10.2. Meta-Aramid Fiber 12.11. China Aramid Fiber Market Forecast, by Application 12.11.1. Security & Protection 12.11.2. Frictional Materials 12.11.3. Industrial Filtration 12.11.4. Optical Fibers 12.11.5. Rubber Reinforcement 12.11.6. Tire Reinforcement 12.11.7. Others 12.12. India Aramid Fiber Market Forecast, by Type 12.12.1. Para-Aramid Fiber 12.12.2. Meta-Aramid Fiber 12.13. India Aramid Fiber Market Forecast, by Application 12.13.1. Security & Protection 12.13.2. Frictional Materials 12.13.3. Industrial Filtration 12.13.4. Optical Fibers 12.13.5. Rubber Reinforcement 12.13.6. Tire Reinforcement 12.13.7. Others 12.14. Others Japan Aramid Fiber Market Forecast, by Type 12.14.1. Para-Aramid Fiber 12.14.2. Meta-Aramid Fiber 12.15. Japan Aramid Fiber Market Forecast, by Application 12.15.1. Security & Protection 12.15.2. Frictional Materials 12.15.3. Industrial Filtration 12.15.4. Optical Fibers 12.15.5. Rubber Reinforcement 12.15.6. Tire Reinforcement 12.15.7. Others 12.16. Others ASEAN Aramid Fiber Market Forecast, by Type 12.16.1. Para-Aramid Fiber 12.16.2. Meta-Aramid Fiber 12.17. ASEAN Aramid Fiber Market Forecast, by Application 12.17.1. Security & Protection 12.17.2. Frictional Materials 12.17.3. Industrial Filtration 12.17.4. Optical Fibers 12.17.5. Rubber Reinforcement 12.17.6. Tire Reinforcement 12.17.7. Others 12.18. Others Rest of Asia Pacific Aramid Fiber Market Forecast, by Type 12.18.1. Para-Aramid Fiber 12.18.2. Meta-Aramid Fiber 12.19. Rest of Asia Pacific Aramid Fiber Market Forecast, by Application 12.19.1. Security & Protection 12.19.2. Frictional Materials 12.19.3. Industrial Filtration 12.19.4. Optical Fibers 12.19.5. Rubber Reinforcement 12.19.6. Tire Reinforcement 12.19.7. Others 12.20. Others Asia Pacific Aramid Fiber Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Aramid Fiber Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Aramid Fiber Market Overview 13.3. Middle East & Africa Aramid Fiber Market Value Share Analysis, by Type 13.4. Middle East & Africa Aramid Fiber Market Forecast, by Type 13.4.1. Para-Aramid Fiber 13.4.2. Meta-Aramid Fiber 13.5. Middle East & Africa Aramid Fiber Market Value Share Analysis, by Application 13.6. Middle East & Africa Aramid Fiber Market Forecast, by Application 13.6.1. Security & Protection 13.6.2. Frictional Materials 13.6.3. Industrial Filtration 13.6.4. Optical Fibers 13.6.5. Rubber Reinforcement 13.6.6. Tire Reinforcement 13.6.7. Others 13.7. Others Middle East & Africa Aramid Fiber Market Value Share Analysis, by Country 13.8. Middle East & Africa Aramid Fiber Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Aramid Fiber Market Analysis, by Country 13.10. GCC Aramid Fiber Market Forecast, by Type 13.10.1. Para-Aramid Fiber 13.10.2. Meta-Aramid Fiber 13.11. GCC Aramid Fiber Market Forecast, by Application 13.11.1. Security & Protection 13.11.2. Frictional Materials 13.11.3. Industrial Filtration 13.11.4. Optical Fibers 13.11.5. Rubber Reinforcement 13.11.6. Tire Reinforcement 13.11.7. Others 13.12. Others South Africa Aramid Fiber Market Forecast, by Type 13.12.1. Para-Aramid Fiber 13.12.2. Meta-Aramid Fiber 13.13. South Africa Aramid Fiber Market Forecast, by Application 13.13.1. Security & Protection 13.13.2. Frictional Materials 13.13.3. Industrial Filtration 13.13.4. Optical Fibers 13.13.5. Rubber Reinforcement 13.13.6. Tire Reinforcement 13.13.7. Others 13.14. Others Rest of Middle East & Africa Aramid Fiber Market Forecast, by Type 13.14.1. Para-Aramid Fiber 13.14.2. Meta-Aramid Fiber 13.15. Rest of Middle East & Africa Aramid Fiber Market Forecast, by Application 13.15.1. Security & Protection 13.15.2. Frictional Materials 13.15.3. Industrial Filtration 13.15.4. Optical Fibers 13.15.5. Rubber Reinforcement 13.15.6. Tire Reinforcement 13.15.7. Others 13.16. Others Middle East & Africa Aramid Fiber Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Aramid Fiber Market Analysis 14.1. Key Findings 14.2. South America Aramid Fiber Market Overview 14.3. South America Aramid Fiber Market Value Share Analysis, by Type 14.4. South America Aramid Fiber Market Forecast, by Type 14.4.1. Para-Aramid Fiber 14.4.2. Meta-Aramid Fiber 14.5. South America Aramid Fiber Market Value Share Analysis, by Application 14.6. South America Aramid Fiber Market Forecast, by Application 14.6.1. Security & Protection 14.6.2. Frictional Materials 14.6.3. Industrial Filtration 14.6.4. Optical Fibers 14.6.5. Rubber Reinforcement 14.6.6. Tire Reinforcement 14.6.7. Others 14.7. Others South America Aramid Fiber Market Value Share Analysis, by Country 14.8. South America Aramid Fiber Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Aramid Fiber Market Analysis, by Country 14.10. Brazil Aramid Fiber Market Forecast, by Type 14.10.1. Para-Aramid Fiber 14.10.2. Meta-Aramid Fiber 14.11. Brazil Aramid Fiber Market Forecast, by Application 14.11.1. Security & Protection 14.11.2. Frictional Materials 14.11.3. Industrial Filtration 14.11.4. Optical Fibers 14.11.5. Rubber Reinforcement 14.11.6. Tire Reinforcement 14.11.7. Others 14.12. Others Mexico Aramid Fiber Market Forecast, by Type 14.12.1. Para-Aramid Fiber 14.12.2. Meta-Aramid Fiber 14.13. Mexico Aramid Fiber Market Forecast, by Application 14.13.1. Security & Protection 14.13.2. Frictional Materials 14.13.3. Industrial Filtration 14.13.4. Optical Fibers 14.13.5. Rubber Reinforcement 14.13.6. Tire Reinforcement 14.13.7. Others 14.14. Others Rest of South America Aramid Fiber Market Forecast, by Type 14.14.1. Para-Aramid Fiber 14.14.2. Meta-Aramid Fiber 14.15. Rest of South America Aramid Fiber Market Forecast, by Application 14.15.1. Security & Protection 14.15.2. Frictional Materials 14.15.3. Industrial Filtration 14.15.4. Optical Fibers 14.15.5. Rubber Reinforcement 14.15.6. Tire Reinforcement 14.15.7. Others 14.16. Others South America Aramid Fiber Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Dow DuPont 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprints 15.4. Teijin Ltd. 15.5. Toray Industries Inc. 15.6. Hyosung Corp. 15.7. Kolon Industries Inc. 15.8. Huvis Corp. 15.9. Yantai Tayho Advanced Material Co. 15.10. Kermel 15.11. China National Bluestar Co. Ltd. 15.12. Taekwang Industrial Co., Ltd. 15.13. SRO Aramid (Jiangsu) Co. Ltd 15.14. Solvay 15.15. Aramid Hpm, LLC 15.16. FIBERMAX Ltd 15.17. Bally Ribbon Mills 15.18. c-m-p gmbh 15.19. TOYOBO CO., LTD. 15.20. Coast-Line International 16. Primary Key Insights