Aramid Fiber Market to Observe Prominent CAGR of 5.80% by 2030, Size, Share, Trends, Demand, Growth and Competitive Analysis

Data Bridge Market Research analyses that the aramid fiber market is expected to undergo a CAGR of 5.80% from 2023 to 2030. This indicates that the market value, USD 3.82 billion in 2022, would rocket up to USD 6.01 billion by 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition
The aramid fiber market comprises sales of aramid fiber by entities such as sole traders, organizations, and partnerships that refer to a synthetic fiber in which the component of fiber-forming has a long chain of synthetic polyamide with around 85% of the amide linkages attached to two aromatic rings. Aramid fibers are high-performance fibers produced from artificial molecules with comparatively stiff polymer chains. These molecules are combined by strong hydrogen bonds that proficiently transfer mechanical stress and allow for the use of chains with low molecular weight. Aramid fiber is generally used for reinforcement in composites such as aviation, sports goods, and military vehicles, as well as fabrics in clothing such as bulletproof jackets or fire safety garments.

Some of the major players operating in the aramid fiber market are:
Toray Industries Inc, (Japan)
Dow and Dupont (U.S.)
Teijin limited (Japan)
SOLVAY (Belgium)
Yantai Tayho Advanced Materials Co Ltd. (China)
Hyosung (South Korea)
Kolon Industries Inc. (South Korea)
Huvis Corp, (South Korea)
Kermel (France)
China National Bluestar (Group) Co., Ltd. (China)
X-FIPER NEW MATERIAL CO.,LTD (China)
Fibrex (U.S.)
Aramid Hpm, LLC (U.S.)

Browse a Detailed Summary of the Research Report @ https://www.databridgemarketresearch.com/reports/global-aramid-fiber-market

Global Aramid Fiber Market Scope
Type
Para-Aramid Fiber
Meta-Aramid Fiber

Application
Frictional Materials
Brake Pad
Gasket
Protection
Bullet Proof Vest
Bullet Proof Vehicles
Combat Helmet
Electrical Transmission
Optical Fiber
Others
Safety Garments
Gloves
Fire Fighting Garments
Rubber Reinforcement
Conveyor Belt
Others
Tire Reinforcement
Oil and Gas
Others
Industrial Filtration
Optical Fibers
Others

End User
Automotive,
Aerospace and Defence
Electronics and Telecommunication
Electrical
Others

Aramid Fiber Market Regional Analysis/Insights
The aramid fiber market is analysed and market size insights and trends are provided by country, type, application and end user as referenced above.

The countries covered in the aramid fiber market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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