The Aramid Fiber Market size was valued at USD 4.26 Billion in 2023 and the total Aramid Fiber revenue is expected to grow at a CAGR of 9.8% from 2024 to 2030, reaching nearly USD 8.19 Billion. 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. 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.To know about the Research Methodology :- Request Free Sample Report Global demand for aramid fibers, which was bottomed out in 2023 has increased to record level in 2030 and is projected to increase by a CAGR of about 9.10% during 2024-2030, 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 2023 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 2023. Also, in 2023, 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.
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Global Aramid Fiber Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 4.26 Bn. Forecast Period 2024 to 2030 CAGR: 9.8% Market Size in 2030: USD 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 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 2023. 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 2024-2030. 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 was the Global Aramid Fiber Market size in 2023? Ans: The Global Aramid Fiber Market size was USD 4.26 Billion in 2023.
1. Aramid Fiber Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Aramid Fiber Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.4.1. Main suppliers and their market positioning 2.4.2. Key customers and adoption rates across different sectors 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.5.5. Y-O-Y % 2.5.6. Key Development 2.5.7. Geographic distribution of major customers 2.6. Market Structure 2.6.1. Market Leaders 2.6.2. Market Followers 2.6.3. Emerging Players 2.7. Mergers and Acquisitions Details 3. Aramid Fiber Market: Dynamics 3.1. Aramid Fiber Market Trends 3.2. Aramid Fiber Market Dynamics 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Value Chain Analysis 3.7. Regulatory Landscape by Region 3.7.1. North America 3.7.2. Europe 3.7.3. Asia Pacific 3.7.4. South America 3.7.5. MEA 3.8. Key Opinion Leader Analysis For the Global Industry 3.9. Analysis of Government Schemes and Initiatives for the Industry 3.10. Import-export Analysis (2023) 3.11. Price Trend Analysis (2019-2023) 4. Aramid Fiber Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2023-2030) 4.1. Aramid Fiber Market Size and Forecast, by Type (2023-2030) 4.1.1. Para-aramid fiber 4.1.2. Meta-aramid fiber 4.2. Aramid Fiber Market Size and Forecast, by Application (2023-2030) 4.2.1. Security & Protection 4.2.2. Frictional Materials 4.2.3. Industrial Filtration 4.2.4. Optical Fibers 4.2.5. Rubber Reinforcement 4.2.6. Tire Reinforcement 4.2.7. Electrical Insulation 4.2.8. Others 5. North America Aramid Fiber Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Aramid Fiber Market Size and Forecast, by Type (2023-2030) 5.1.1. Para-aramid fiber 5.1.2. Meta-aramid fiber 5.2. North America Aramid Fiber Market Size and Forecast, by Application (2023-2030) 5.2.1. Security & Protection 5.2.2. Frictional Materials 5.2.3. Industrial Filtration 5.2.4. Optical Fibers 5.2.5. Rubber Reinforcement 5.2.6. Tire Reinforcement 5.2.7. Electrical Insulation 5.2.8. Others 5.3. North America Aramid Fiber Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Aramid Fiber Market Size and Forecast, by Type (2023-2030) 5.3.1.1.1. Para-aramid fiber 5.3.1.1.2. Meta-aramid fiber 5.3.1.2. United States Aramid Fiber Market Size and Forecast, by Application (2023-2030) 5.3.1.2.1. Security & Protection 5.3.1.2.2. Frictional Materials 5.3.1.2.3. Industrial Filtration 5.3.1.2.4. Optical Fibers 5.3.1.2.5. Rubber Reinforcement 5.3.1.2.6. Tire Reinforcement 5.3.1.2.7. Electrical Insulation 5.3.1.2.8. Others 5.3.2. Canada 5.3.2.1. Canada Aramid Fiber Market Size and Forecast, by Type (2023-2030) 5.3.2.1.1. Para-aramid fiber 5.3.2.1.2. Meta-aramid fiber 5.3.2.2. Canada Aramid Fiber Market Size and Forecast, by Application (2023-2030) 5.3.2.2.1. Security & Protection 5.3.2.2.2. Frictional Materials 5.3.2.2.3. Industrial Filtration 5.3.2.2.4. Optical Fibers 5.3.2.2.5. Rubber Reinforcement 5.3.2.2.6. Tire Reinforcement 5.3.2.2.7. Electrical Insulation 5.3.2.2.8. Others 5.3.3. Mexico 5.3.3.1. Mexico Aramid Fiber Market Size and Forecast, by Type (2023-2030) 5.3.3.1.1. Para-aramid fiber 5.3.3.1.2. Meta-aramid fiber 5.3.3.2. Mexico Aramid Fiber Market Size and Forecast, by Application (2023-2030) 5.3.3.2.1. Security & Protection 5.3.3.2.2. Frictional Materials 5.3.3.2.3. Industrial Filtration 5.3.3.2.4. Optical Fibers 5.3.3.2.5. Rubber Reinforcement 5.3.3.2.6. Tire Reinforcement 5.3.3.2.7. Electrical Insulation 5.3.3.2.8. Others 6. Europe Aramid Fiber Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.2. Europe Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3. Europe Aramid Fiber Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.1.2. United Kingdom Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.2. France 6.3.2.1. France Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.2.2. France Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.3.2. Germany Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.4.2. Italy Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.5.2. Spain Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.6.2. Sweden Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.7.2. Austria Aramid Fiber Market Size and Forecast, by Application (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Aramid Fiber Market Size and Forecast, by Type (2023-2030) 6.3.8.2. Rest of Europe Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7. Asia Pacific Aramid Fiber Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.2. Asia Pacific Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3. Asia Pacific Aramid Fiber Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.1.2. China Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.2.2. S Korea Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.3.2. Japan Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3.4. India 7.3.4.1. India Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.4.2. India Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.5.2. Australia Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3.6. ASIAN 7.3.6.1. ASIAN Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.6.2. ASIAN Aramid Fiber Market Size and Forecast, by Application (2023-2030) 7.3.7. Rest of Asia Pacific 7.3.7.1. Rest of Asia Pacific Aramid Fiber Market Size and Forecast, by Type (2023-2030) 7.3.7.2. Rest of Asia Pacific Aramid Fiber Market Size and Forecast, by Application (2023-2030) 8. Middle East and Africa Aramid Fiber Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Aramid Fiber Market Size and Forecast, by Type (2023-2030) 8.2. Middle East and Africa Aramid Fiber Market Size and Forecast, by Application (2023-2030) 8.3. Middle East and Africa Aramid Fiber Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Aramid Fiber Market Size and Forecast, by Type (2023-2030) 8.3.1.2. South Africa Aramid Fiber Market Size and Forecast, by Application (2023-2030) 8.3.2. S GCC 8.3.2.1. GCC Aramid Fiber Market Size and Forecast, by Type (2023-2030) 8.3.2.2. GCC Aramid Fiber Market Size and Forecast, by Application (2023-2030) 8.3.3. Egypt 8.3.3.1. Egypt Aramid Fiber Market Size and Forecast, by Type (2023-2030) 8.3.3.2. Egypt Aramid Fiber Market Size and Forecast, by Application (2023-2030) 8.3.4. Nigeria 8.3.4.1. Nigeria Aramid Fiber Market Size and Forecast, by Type (2023-2030) 8.3.4.2. Nigeria Aramid Fiber Market Size and Forecast, by Application (2023-2030) 8.3.5. Rest of ME &A 8.3.5.1. Rest of ME &A Aramid Fiber Market Size and Forecast, by Type (2023-2030) 8.3.5.2. Rest of ME &A Aramid Fiber Market Size and Forecast, by Application (2023-2030) 9. South America Aramid Fiber Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Aramid Fiber Market Size and Forecast, by Type (2023-2030) 9.2. South America Aramid Fiber Market Size and Forecast, by Application (2023-2030) 9.3. South America Aramid Fiber Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Aramid Fiber Market Size and Forecast, by Type (2023-2030) 9.3.1.2. Brazil Aramid Fiber Market Size and Forecast, by Application (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Aramid Fiber Market Size and Forecast, by Type (2023-2030) 9.3.2.2. Argentina Aramid Fiber Market Size and Forecast, by Application (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest of South America Aramid Fiber Market Size and Forecast, by Type (2023-2030) 9.3.3.2. Rest of South America Aramid Fiber Market Size and Forecast, by Application (2023-2030) 10. Company Profile: Key Players 10.1. DuPont 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.3.1. Total Revenue 10.1.3.2. Segment Revenue 10.1.3.3. Annual Revenue 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Teijin Limited 10.3. Kolon Industries Inc. 10.4. Yantai Tayho Advanced Materials Co., Ltd. 10.5. X-FIPER New Material Co., Ltd. 10.6. HUVIS CORPORATION 10.7. Hyosung Corporation 10.8. China National Bluestar (Group) Co, Ltd. 10.9. Toyobo Co., Ltd. 10.10. Aramid Hpm, LLC. 10.11. Toray Industries, Inc. 10.12. KERMEL 10.13. TAEKWANG Industrial Co., Ltd. 10.14. Shanghai J&S New Materials Co., ltd 10.15. YF International BV 10.16. Lydall, Inc. 10.17. Shenma Industrial Co., Ltd. 10.18. Sinopec Yizheng Chemical Fibre Company Limited 10.19. VEPLAS Advanced Technologies Group 10.20. Pro-Systems S.p.A. 10.21. Wuxi GDE Technology CO., Ltd 10.22. Bally Ribbon Mills 10.23. FIBERMAX Ltd 10.24. Barnet Intelligent Materials 10.25. Zhejiang Suretex Composite Co., Ltd. 10.26. Other Key Players 11. Key Findings and Analyst Recommendations 12. Aramid Fiber Market: Research Methodology
