Press release
Aramid Fiber Market 2020 Will Grow at Significant CAGR of 10.20% by 2027 With Global Players - DowDuPont, TEIJIN LIMITED, TORAY INDUSTRIES INC., HYOSUNG
Aramid Fiber
Global Aramid Fiber Market is set to rise from its initial estimated value of USD 3.19 billion in 2018 to an estimated value of USD 6.95 billion by 2026, registering a CAGR of 10.20% in the forecast period of 2019-2026. This rise in market value can be attributed to their unique properties and wide variety of applications in a number of industries.
Aramid fiber is a synthetic fiber, whose characteristics include heat resistance, strength, light-weight in nature. These characteristics help in their applications in a number of different products, and as substitute to steel and asbestos. Its main applications can be found in aerospace & defense, security (body armor), and others.
According to CIRFS European Man-Made Fibres Association, China was the largest producer of fibre (45458 kiloton) worldwide followed by India (5666 kiloton), this trend of production of fibre from the south asia region is expected to continue into the forecast period and the production of fibre is expected to be dominated by the asia-pacific region.
Download Free Sample Report (including 350 Pages PDF, Charts, Info-graphics and Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-aramid-fiber-market
Major Market Players Covered in the Aramid Fiber Market Are:
Few of the major market competitors currently working in the aramid fiber market are DowDuPont, TEIJIN LIMITED, TORAY INDUSTRIES INC., HYOSUNG, Kolon Industries Inc., Huvis, Yantai Tayho Advanced Materials Co.Ltd., Solvay, KERMEL, China National Bluestar (Group) CoLtd., TAEKWANG Industrial Co. ltd., Aramid Hpm LLC, FIBERMAX COMPOSITES, Bally Ribbon Mills, BlackSun Partners, Clarasonic.com, c-m-p gmbh, Coast-Line International, Composites One, Coats Group plc, Voith GmbH & Co. KGaA, and Vectorply.
Market Drivers:
• Increased need for lightweight and effective material from the defense and security industry is expected to drive the market growth
• Due to their unique and benefitting capabilities they can be used as a substitute for steel, with their characteristics as being cheaper and stronger than steel on an average. This factor is expected to drive the market growth
Market Restraints:
• High cost for research and development and any advancements in the market is expected to restrain the market growth
• Due to the non-biodegradable nature of these fibers, the market growth is expected to be restrained
To Know More About @ https://www.databridgemarketresearch.com/reports/global-aramid-fiber-market
Global Aramid Fiber Market Scope and Market Size
• By Type
o Para-Aramid Fiber
o Meta-Aramid Fiber
• By Application
o Security & Protection
o Frictional Materials
o Industrial Filtration
o Optical Fibers
o Rubber Reinforcement
o Tire Reinforcement
o Electrical Insulation
o Others
Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific
Get Table of Contents with Charts, Figures & Tables @
https://www.databridgemarketresearch.com/toc/?dbmr=global-aramid-fiber-market
Strategic Points Covered in Table of Content of Global Aramid Fiber Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Contact Us:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Mail: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
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 Aramid Fiber Market 2020 Will Grow at Significant CAGR of 10.20% by 2027 With Global Players - DowDuPont, TEIJIN LIMITED, TORAY INDUSTRIES INC., HYOSUNG here
News-ID: 2206237 • Views: …
More Releases from databridgemarketresearch
Medical Electronics Market to Exhibit a Remarkable CAGR of 8% by 2029, Size, Sha …
The medical electronics market is expected to witness market growth at a rate of 8% in the forecast period of 2022 to 2029.
Market Definition:
Medical electronics is referred to as a particular discipline that assimilates engineering with fields including clinical practice and biomedical sciences. Unlike paper records, medical electronics provides more advantages. Further allowing an individual track information over time it enhances the quality of patient care.
Download Sample PDF Copy…
Surgical Sponges Market to Exhibit a Remarkable CAGR of 3.60% by 2029, Size, Sha …
Data Bridge Market Research analyses that the surgical sponges market which was USD 2221.91 million in 2021, would rocket up to USD 2948.52 million by 2029, and is expected to undergo a CAGR of 3.60% during the forecast period 2022 to 2029.
Market Definition:
A surgical sponge is a specific type of cotton pad that is employed in surgeries to absorb blood and other bodily fluid flow. These sponges are useful for…
Antifibrinolytic Market to Exhibit a Remarkable CAGR of 5% by 2029, Size, Share, …
Data Bridge Market Research analyses a growth rate in the global antifibrinolytic market in the forecast period 2022-2029. The expected CAGR of global antifibrinolytic market is tend to be around 5% in the mentioned forecast period.
Market Definition:
Antifibrinolytic are a type of therapeutics that helps in blood clotting by restricting the process called fibrinolysis. Many antifibrinolytics such as tranexamic acid exert their action by reversibly binding to the lysine receptor…
Oxygen Delivery Systems Market to Exhibit a Remarkable CAGR of 6.3% by 2029, Siz …
Data Bridge Market Research analyses that the oxygen delivery systems market which was USD 12,949.38 million in 2021, is expected to reach USD 21111.31 million by 2029, at a CAGR of 6.3% during the forecast period 2022 to 2029.
Market Definition:
A device used to help, regulate, and supplement oxygen to patients in order to increase arterial oxygenation is known as an oxygen delivery system. Oxygen delivery systems provide oxygen therapy, which…
More Releases for Aramid
Aramid (Aramid Fiber) Market Size 2024: Industry Analysis And Forecast (2024-203 …
Aramid (Aramid Fiber) Market Trends In 2024:
The Aramid (Aramid Fiber) Market 2024 report provides a comprehensive analysis of Types (Para-aramid fibers, Meta-aramid fibers), Application (Body Armor & Helmet, Aerospace Materials, Sports Materials, Tire, High Strength Rope), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional Outlook and Forecast,…
Aramid Paper Market to Show Strong Growth with Kamax, Honeywell, Aramid Papers
The latest study released on the Global Aramid Paper Market by HTF MI evaluates market size, trend, and forecast to 2030. The Aramid Paper market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Aramid (Aramid Fiber) Market Global Trends Analysis 2030
The Aramid (Aramid Fiber) market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Aramid (Aramid Fiber) market. On the basis of historic growth analysis and current scenario of Aramid (Aramid Fiber) market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary…
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,…
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…
