Worldwide Aramid Fibers Market Key Players – DowDuPont, W. Barnet GmbH, Tejin Aramid, Hyosung, JSC Kamenskvolokno, Yantai Tayho, Huvis Corporation, Kolon Industries, Kermel and More
Aramid fibers market will observe significant demand from electrical insulation, sporting goods, marine applications in the foreseeable timeframe. Characteristics such stiffness, light weight, damage tolerance, vibration damping, etc. which are essential in marine recreational industries will drive their demand in the hulls of canoes, kayaks, and sail & power boats.
Aramid fiber market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons & revenue in USD million from 2013 to 2024, for the following segments:
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/744105/?utm_source=open&utm_medium=Deepak
Aramid fiber market is highly consolidated with key players including: DowDuPont, W. Barnet GmbH, Tejin Aramid, Hyosung, JSC Kamenskvolokno, Yantai Tayho, Huvis Corporation, Kolon Industries, Kermel, etc. contributing over 60% market share. Industry participants have been investing heavily in R&D in response to the upward demand for the high-performance aramid fibers. In July 2017, Teijin expanded the capacity for the Twaron aramid at its manufacturing facility in Emmen, Netherlands. Company made a substantial investment in the new spinning technology at the plant, to achieve enhanced automation of the spinning process, thereby reducing the physical efforts by operators.
Manufacturing sector has been observing product demand with utmost importance to smaller ecological footprint, enhanced safety and cost-efficiency. Aramid fibers have been gaining the prominent preference in the area of ballistic protection for their high tensile strength, high modulus and resistive physical properties to bullets, shrapnel & bomb fragments, stabbing, etc. Apart from the protective apparels, aramid fibers are likely to find vast applications in the fields including automotive, aviation, marine, electrical & electronics, etc. by 2024, for their low flammability, non-conductivity, light weight and substantial thermal & chemicals resistance.
Aramid fibers market will be driven by the sectors where weight savings are critical, for instance, automotive, space vehicles, aircraft components, helicopters and missiles. Rising demand from the escalating automotive industry will propel global aramid fiber market in the near future. For instance, Total automotive sales in the North America including: U.S. and Canada were over 19 million units in 2016 and is likely to witness 4% growth by 2024. Aramid fibers find extensive automotive applications in tire reinforcement (in racing automobiles, off-road, buses, and trucks), power transmission belts, industrial and automotive hoses, brake, clutch, and gasket uses etc.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/744105/?utm_source=open&utm_medium=Deepak
Frictional material segment held share close to 25% in 2016. Usage of aramid fiber in this area include asbestos replacements, automotive & industrial gaskets, brake pads, linings, etc. Regulations prohibiting the asbestos usage for various industrial applications will boost the demand for aramid fiber market by 2024.
Europe led the global aramid fiber market with a market share over 30% in 2016. However, the region will exhibit comparatively moderate growth rate in the coming years. Asia Pacific aramid fiber market will witness promising growth close to 9% by 2024. Rising automotive industry and infrastructural development will be the key factors boosting the regional growth. Total automotive sales in Asia Pacific region including: China, India, Japan, Australia, Indonesia, Thailand and Malaysia were over 40 million units in 2016 and shall escalate by 2024. Recent regulations by the Government of Japan for reinforcing the evacuation facilities situated near volcano prone areas, for instance, Ebino Eco Museum Center, will be another factor contributing to the growth of aramid fiber market in the region. Protecting structures from large airborne fragments is an important issue in Japan, one of the world's more active volcanic regions, where aramid fibers play vital role in construction owing to their airborne fragment-resistive nature.
More Details on this Report: https://www.marketstudyreport.com/reports/aramid-fiber-market/?utm_source=open&utm_medium=Deepak
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide Aramid Fibers Market Key Players – DowDuPont, W. Barnet GmbH, Tejin Aramid, Hyosung, JSC Kamenskvolokno, Yantai Tayho, Huvis Corporation, Kolon Industries, Kermel and More here
News-ID: 1374632 • Views: 357
More Releases from marketstudyreport.com
Clinical Laboratory Services Market By Regional Trend & Growth Forecast 2019-202 …
Market Study Report recently introduced new title on “Global Carbon Black Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025. The Latin America breast pump market accounted for more than 12% revenue share in 2018 and is assessed to witness a significant CAGR by 2025. This is due to the development in healthcare facilities
Sleep Apnea Devices Market - Growth, Trends, and Forecast (2019 - 2025)
Market Study Report recently introduced new title on “2019-2025 Global Sleep Apnea Devices Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025. Technological advancements in sleep apnea devices is a major market growth augmenting factor. Hypoglossal Nerve Stimulation (HNS), is a completely novel approach for treating obstructive sleep apnea. Moreover, growing alcohol intake in
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Industrial IoT (IIoT) Market trends? Rockwell Automation, ABB …
A detailed study on ‘Industrial IoT (IIoT) Market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors
More Releases for Aramid
Aramid Fiber Paper Market Checkout the Unexpected Future 2025 | Key Players: DuP …
A new business intelligence report released by Up Market Research on “Global Aramid Fiber Paper Market”. Report provides a comprehensive market analysis with future prospects to 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Get Exclusive Free Sample Copy Of This Report @ https://www.upmarketresearch.com/home/requested_sample/109944 The report contains 116 pages which highly exhibit on current market analysis
Global Aramid Fiber Market Outlook 2018-2023
Global aramid fiber market is anticipated to grow at a CAGR of 7.56% by 2023, according to a new report published by Bonafide Research. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for aramid fiber to 2023 offers detailed coverage of aramid fiber industry and
Aramid Fiber Market (Para-Aramid Fiber, Meta-Aramid Fiber) by Type, Application …
The aramid fiber market (http://www.rnrmarketresearch.com/aramid-fiber-market-by-type-para-aramid-fiber-meta-aramid-fiber-and-application-security-protection-frictional-material-tire-rubber-reinforcement-optical-fiber-electrical-insulation-aeros-market-report.html) is projected to grow from USD 3.28 billion in 2018 to USD 5.78 billion by 2024, at a CAGR of 9.9%. The increasing demand for lightweight materials for automotive components owing to stringent environmental and emission regulations is expected to drive the market in the automotive industry. In addition, the demand for lightweight and flexible materials for body armor, firefighting equipment, bulletproof vests, helmets, and
Aramid Paper 2018 Global Industry Key Players - DuPont , Teijin Aramid , Shenzh …
World Aramid Paper Market Executive Summary Aramid Paper market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. The report includes the forecasts, analysis and discussion of important industry trends, market size, market share estimates and profiles
Global Aramid Fibre Market Research Report 2017
Aramid Fibre Market :Global Industry Analysis,Capacity,Production,Price ,Revenue, Size, Share, Growth, Trends, and Forecasts 2017-2022 Aramid Fibre Market:Overview:The Global Aramid Fibre Industry 2017 Market Research Report is an expert and inside and out review on the momentum condition of the Aramid Fibre business. Request Sample Report: https://goo.gl/JDPhaX Right off the bat, the report gives an essential outline of the business including definitions, groupings, applications and industry chain structure. The Aramid Fibre showcase investigation
2017-2022 Global Top Countries Aramid Market
Email for report at : firstname.lastname@example.org Market Research Report Store(MRRS) adds "2017-2022 Global Top Countries Aramid Market" latest studies, published in March 2017. It is a professional and in-depth study. Scope of the Report: This report studies Aramid in Global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa, focuses on the top Manufacturers in each country, covering Dupont Teijin Yantai