openPR Logo
Press release

Global Aramid Fiber Market to Grow at a CAGR over 11.03% from 2018 to 2025

01-17-2019 02:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ResearchStore.biz

Global Aramid Fiber Market to Grow at a CAGR over 11.03% from 2018

Researchstore.biz launched a study titled “Global Aramid Fiber Market by Type (Para-Aramid Fiber, Meta-Aramid Fiber), Application (Security & Protection, Industrial Filtration, Optical Fibers, Frictional Materials, Rubber Reinforcement, Electrical Insulation, Tire Reinforcement, Others), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa)” and Global Forecast 2018-2025.

The global aramid fiber market is expected to grow from USD 2.97 Billion in 2017 to USD 6.74 Billion by 2025 at a CAGR of 11.03% during the forecast period from 2018-2025. Major drivers that fuel the growth of aramid fiber market are:

Expanded interest for security and protection applications that use lightweight materials
Rising requirement for lightweight materials offering less emissions in vehicles
Demand for substitute of steel and asbestos materials

To Get Free Sample Report Visit @ https://bit.ly/2W11lbW

Market Summary:

Aramid fiber are heat resistant, light weight, and synthetic fibers with molecules of rigid polymer chains. It consist of chains that are connected by hydrogen bonds enabling to transfer mechanical stress. The aramid fibers have high abrasion impact and damage resistivity. These fibers can be used to make golf clubs, gloves, helmets, rods, floor, and wall materials. The aramid fiber has high strength that is several times greater of steel, aluminium, and e-glass, as well as are light in weight than fiberglass.

Expanded interest for security and protection applications that use lightweight materials and demand for substitute of steel and asbestos materials is anticipated to drive aramid fiber market:

Expanded interest for security and protection applications that use lightweight materials and demand for substitute of steel and asbestos materials are the key driving factors for the aramid fiber market. In addition, rising requirement for lightweight materials offering less emissions in vehicles will lead the growth of aramid fiber market in couple of years. High research & development costs and non- decomposable feature of aramid fibers may limit the growth of market. However, increasing demand for home security and new technological innovations in aramid materials manufacturing is expected to boost the aramid fiber market over the forecast period.

To Get Complete Information Visit @ https://researchstore.biz/report/global-aramid-fiber-market/79970/

Segmentation Analysis:

The global aramid fiber market is segmented on the basis of type, application, and regions.

Optical fibers segment is anticipated to grow with CAGR of 12.01% during the forecast period
Application segment includes security & protection, industrial filtration, optical fibers, frictional materials, rubber reinforcement, electrical insulation, tire reinforcement, and others. Optical fibers segment is anticipated to grow with highest CAGR over the forecast period. The increasing interest for fiber optic cables is driving the requirement for reinforcement materials, of which aramid fibers are one of the favoured choice. Additionally, the growing need for better performing optical cables and increasing web applications are driving the demand of optical fibers segment.

Meta-aramid fiber segment valued around USD 1.62 Billion in 2017
Type segment is divided into para-aramid fiber and meta-aramid fiber. Meta-aramid fiber segment is anticipated to grow with highest CAGR and is acting as catalyst for business modernization. The increase in demand of meta-aramid fiber due to rise in the use of aramid fiber for various purposes such as fire fighters’ uniforms, electrical, and high-temperature working applications.

Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely Europe, Asia Pacific, North America, South America, and Middle East and Africa. Europe held the largest market share of approximately 29.34% in 2017. The government regulations for safety in automotive and defence verticals and demand for lightweight materials for reducing the carbon dioxide emissions will led to the growth of aramid fiber market in this region.

Do Inquiry Before Buying: https://bit.ly/2RQOLNu

Competitive Analysis:
The major players for aramid fiber market include DowDuPont, Hyosung Corp., Kolon Industries Inc., Taekwang Industrial Co., Ltd., SRO Aramid Co. Ltd., Toray Industries Inc., Huvis Corp., Yantai Tayho Advanced Material Co., Teijin Ltd., China National Bluestar, and among others.

Researchstore.biz is a fully dedicated global market research agency providing thorough quantitative and qualitative analysis of extensive market research.Our corporate is identified by recognition and enthusiasm for what it offers, which unites its staff across the world.We are desired market researchers proving a reliable source of extensive market analysis on which readers can rely on. Our research team consist of some of the best market researchers, sector and analysis executives in the nation, because of which Researchstore.biz is considered as one of the most vigorous market research enterprises.

Contact Us
Mark Stone
Office – 102, Sanskriti Aspirations,
Near Post 91, Baner Road,
Pune, MH, India – 411045
Sales Manager
Phone: (201) 465-4211
Email: sales@researchstore.biz
Web: https://researchstore.biz/

This release was published on openPR.

Permanent link to this press release:

Copy
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 Global Aramid Fiber Market to Grow at a CAGR over 11.03% from 2018 to 2025 here

News-ID: 1508917 • Views: 131

More Releases from ResearchStore.biz

Global Mobile Advertising Platform Market 2020 Product Introduction, Recent Deve …
The most recent market research study titled Global Mobile Advertising Platform Market 2020 by Manufacturers, Type and Application, Forecast to 2025 offers a concise study on the market to illustrate valuable insights related to significant market trends. The report spotlights on some noteworthy developments with accurate market estimates. The research study analyzes the global Mobile Advertising Platform market business status, presents worth and volume, consumers, market product type, key players, and
Global CCD camera Market 2020 Product Introduction, Recent Developments, Competi …
The most recent market research study titled Global CCD camera Market 2020 by Manufacturers, Type and Application, Forecast to 2025 offers a concise study on the market to illustrate valuable insights related to significant market trends. The report spotlights on some noteworthy developments with accurate market estimates. The research study analyzes the global CCD camera market business status, presents worth and volume, consumers, market product type, key players, and regional analysis.
Global Automatic Mower Market 2020 Product Introduction, Recent Developments, Co …
The most recent market research study titled Global Automatic Mower Market 2020 by Manufacturers, Type and Application, Forecast to 2025 offers a concise study on the market to illustrate valuable insights related to significant market trends. The report spotlights on some noteworthy developments with accurate market estimates. The research study analyzes the global Automatic Mower market business status, presents worth and volume, consumers, market product type, key players, and regional analysis.
Global Porcini Oil Market 2020 Product Introduction, Recent Developments, Compet …
The most recent market research study titled Global Porcini Oil Market 2020 by Manufacturers, Type and Application, Forecast to 2025 offers a concise study on the market to illustrate valuable insights related to significant market trends. The report spotlights on some noteworthy developments with accurate market estimates. The research study analyzes the global Porcini Oil market business status, presents worth and volume, consumers, market product type, key players, and regional analysis.

All 5 Releases


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
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
Aramid Prepreg Market Release Report : 2017-2022
Reports And Markets Publish a New Market Research Report On –"Aramid Prepreg Market - Segmented By Type, End-User Industry And Geography - Trends And Forecasts (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1086070-global-aramid-prepreg-market-segmented-by-forecasts-2017-2022 The global aramid prepreg market has been estimated at USD XXXX million in 2015 and is projected to reach USD XXX million by 2020, at a CAGR of XX% during the forecast period
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 : fiona@marketresearchreportstore.com 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