openPR Logo
Press release

Aramid Fiber Market 2023: TEIJIN LIMITED (Japan), Yantai Tayho Advanced Materials Co., Ltd (China), HYOSUNG (South Korea), Toray Chemicals Korea Inc. (South Korea), KERMEL (France), Kolon Industries, Inc. (South Korea)

Aramid Fiber Market Research Report – Forecast to 2023

Aramid Fiber Market Research Report – Forecast to 2023

Global Aramid Fiber Market Information: By Type (Meta-Aramid, Para-Aramid), Application (Security & Protection, Frictional Materials, Rubber Reinforcement), End-Use Industry (Aerospace & Defense, Automotive, Consumer Goods, Marine), And Region- Forecast Till 2023.

Aramid fiber is a man-made organic polymer and belongs to a class of heat-resistant and strong synthetic fibers. They exhibit superior characteristics such as good resistance to abrasion and organic solvents, non-conductivity, high melting point, low flammability, and others.

Free Sample Request Report @

The global aramid fiber market is primarily driven by the increasing demand for protective clothing from military & defense, and industrial sectors. The growing defense sector for homeland security and counterterrorism strategies is augmenting the demand for aramid fiber due to their flame resistant and heat protective nature. The use of aramid fiber in ballistic applications such as bulletproof vests and protective gloves is likely to fuel the market growth over the assessment period 2017-2023. Furthermore, aramid fiber is used in the automotive sector for making hoses, belts, gaskets, tyres, brake pads, clutches, and others. They also help in increasing the performance, safety, and durability of the automotive.

Moreover, the increasing demand for various applications such as electrical insulation, optical fiber, and others is driving the global market. The product is an excellent substitute for steel and asbestos, therefore, it is widely used in the construction sector. These fibers are extensively consumed in the manufacturing of consumer goods such as refrigerator, AC, washing machines, and others to make them strong and lightweight. Nevertheless, stringent regulations for occupational safety by Occupational Safety and Health Administration (OSHA) is expected to augment the market growth. However, the high production cost and the non-biodegradable nature of these fibers are likely to hamper the market growth.

Some of the key trends observed in the market are a merger, acquisitions, and others. For instance, in March 2017, DuPont Protection Solutions entered a two-year global agreement for DuPont TM Kevlar with Nitro Circus, an action sports company, thus, influencing the product use in sporting goods.

Regional Analysis

The Global Aramid Fiber market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is the fastest growing region in the global market owing to the growing industrial, aerospace, and military sectors in this region. The increasing demand for durable, lightweight, and efficient automotive is another driver of the market in Asia Pacific region. Moreover, the production and sales of consumer goods in Asia Pacific are high, which fuels the market growth.

North America is the second largest region in the aramid fiber market due to the high demand from the defense and automotive sector. The U.S. is one of the major military powers in the world and is expected to continue dominating over the forecast period, which is likely to augment the product demand. The increasing demand for automotive coupled with high disposable income is driving the growth of the market in this region.

The increasing production and sales of various automotive parts in western European countries such as the U.K, Germany, France, and others are expected to boost the market growth over the forecast period.

Latin American market is growing moderately on account of the growing automotive sector in Mexico.

The Middle East & Africa market is likely to grow during the review period due to the growing product demand from the construction sector as a replacement for steel and asbestos.


The global aramid fiber market is segmented by type, application, and end-user industries.

The global aramid fiber market is segmented on the basis of the type as meta-aramid, para-aramid, and others.

Based on the application, the market is segmented into security & protection, frictional materials, rubber reinforcement, optical fiber, electrical insulation, and others.

On the basis of the end-user industries, the global aramid fiber market is segmented into aerospace & defense, automotive, consumer goods, marine, and others.

Key Players

Some of the manufacturers operating in the global aramid fiber market are TEIJIN LIMITED (Japan), Yantai Tayho Advanced Materials Co., Ltd (China), HYOSUNG (South Korea), Toray Chemicals Korea Inc. (South Korea), KERMEL (France), Kolon Industries, Inc. (South Korea), Huvis (South Korea), China National Bluestar (Group) Co. Ltd. (China), SRO Aramid (Jiangzu) Co., Ltd. (China), and IBIDEN CO., LTD. (Japan).

Access Full Report @

Intended Audience

Aramid fiber Manufacturers
Traders and distributors of aramid fiber
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Market Research Future
+1 646 845 9312

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 Aramid Fiber Market 2023: TEIJIN LIMITED (Japan), Yantai Tayho Advanced Materials Co., Ltd (China), HYOSUNG (South Korea), Toray Chemicals Korea Inc. (South Korea), KERMEL (France), Kolon Industries, Inc. (South Korea) here

News-ID: 1664686 • Views: 886

More Releases from Market Research Future - MRFR

Commercial Seaweeds Market, Key Company, Trends, Size, Emerging Technologies, Gr …
Market Highlights Commercial seaweeds are marine algae with applications in foods, animal feeds, and fertilizers. They are rich in vitamins making them a vital component in processed foods. The global commercial seaweeds market report by Market Research Future (MRFR) has been compiled by observing the changing food habits of consumers as well as abundance of seaweeds for production of processed foods. The report contains estimations and predictions for the period of
Dairy Beverages Market, Production and Consumption Analysis, Brands Statistics a …
Market Scope The global dairy beverages market is set to reach a value of USD 91 billion by 2024. With the need for beverages to serve as meal replacement meals for post-gym session, the market is expected to capitalize on this trend. Introduction of new flavors as well as preference of yogurt and whey drinks are likely to drive the market demand exponentially. High demand for ready-to-drink (RTD) beverages and launch
Snack Pellets Market: Industry Development Challenges, Opportunities, Market Ent …
Market-Overview The escalating intake of convenience food products is foreseen to enhance the snack pellets market. The food, beverages & nutrition reports are made by Market Research Future, which includes market options for expansion. A motivating CAGR is foreseen to drive the evolution of the market in the near future. The accessibility to raw ingredients such as potato, tapioca, and grains more easily is anticipated to create an encouraging market for snack
Herbal Tea Market, Opportunity Assessment, Future Estimations and Key Industry S …
Market Scope Market Research Future (MRFR) expects the herbal tea market 2020 to blossom at a rate of 4.94% from 2017 to 2025 (evaluation period). MRFR also anticipates that the market for herbal tea can accrue a valuation of USD 4,226.9 Million by 2025. We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak. Top Boosters and Deterrents The

All 5 Releases

More Releases for Aramid

Para Aramid Fibers and Meta Aramid Fibers Marketglobal outlook and forecast 2021 …
The Global Para Aramid Fibers and Meta Aramid Fibers Market research report is a careful examination of the worldwide industry which has been a region of enthusiasm for a Para Aramid Fibers and Meta Aramid Fibers makers, organizations, authorities, chiefs, and likely speculators, and analysts. The report profoundly lights up noteworthy features in the business, including a contention situation, condition, portions, showcase size, share,
Para Aramid Fibers and Meta Aramid Fibers Market to Witness Robust Expansion by …
LP INFORMATION recently released a research report on the Para Aramid Fibers and Meta Aramid Fibers market analysis, which studies the Para Aramid Fibers and Meta Aramid Fibers's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “Para Aramid Fibers and Meta Aramid Fibers Market 2020-2025” Research Report categorizes the global Para Aramid Fibers and Meta Aramid Fibers market by key
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 @ 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 ( 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 (Aramid Fiber) Global Market 2018: Key Players – Dupont, Teijin, JSC Ka …
Aramid (Aramid Fiber) Industry Description Wiseguyreports.Com Adds “Aramid (Aramid Fiber) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report studies the global Aramid (Aramid Fiber) market status and forecast, categorizes the global Aramid (Aramid Fiber) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India,
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