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Kevlar Fiber Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
Kevlar Fiber Market SizeThe global Kevlar Fiber market was valued at US$ 444.9 million in 2023 and is anticipated to reach US$ 581.6 million by 2030, witnessing a CAGR of 3.9% during the forecast period 2024-2030.
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Kevlar Fiber Market
Kevlar is a heat-resistant and strong synthetic fiber, related to other aramids such as Nomex and Technora.
The driving factors for Kevlar fiber include:
1. Ballistic protection and personal armor: Kevlar fiber is renowned for its high tensile strength and exceptional resistance to impact and penetration. It is widely used in the production of ballistic protection and personal armor, such as bulletproof vests, helmets, and vehicle armor. The need for effective protection against ballistic threats and the continuous advancements in armor technology drive the demand for Kevlar fiber.
2. Industrial and occupational safety: Kevlar fiber is used in various industrial and occupational safety applications, where it provides cut, puncture, and abrasion resistance. It is commonly used in gloves, sleeves, aprons, and other protective clothing for workers in industries such as construction, automotive, manufacturing, and mining. The focus on worker safety and the requirement for durable and reliable protective gear contribute to the demand for Kevlar fiber.
3. Reinforcement in composite materials: Kevlar fiber is extensively used as a reinforcing material in composite materials, such as carbon fiber composites. It adds strength, stiffness, and impact resistance to these materials, making them suitable for high-performance applications in aerospace, automotive, sports equipment, and other industries. The demand for lightweight and strong materials drives the use of Kevlar fiber as a reinforcement material.
4. Sports and recreational equipment: Kevlar fiber is utilized in sports and recreational equipment that requires high-strength and impact-resistant materials. It is used in the production of helmets, protective gear for extreme sports, bicycle tires, racing sails, and fishing lines. The need for durable and high-performance equipment in sports and recreational activities fuels the demand for Kevlar fiber.
This report aims to provide a comprehensive presentation of the global market for Kevlar Fiber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Kevlar Fiber.
Report Scope
The Kevlar Fiber market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Kevlar Fiber market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Kevlar Fiber manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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Segment by Type
• Para Aramid -PPTA (1414)
• Meta Aramid -MPIA (1313)
• Other Aramid
Segment by Application
• Security Material
• Friction And Sealing Material
• Fiber Reinforced
• Tire
• Rubber Reinforced
• Others
By Company
Dupont, Teijin, JSC, Kolon Industries, Hyosung Corp, Huvis, TAYHO, Bluestar, Sinopec Yizheng Chemical Fibre, Guangdong Charming, Hebei Silicon Valley Chemical, Zhaoda Specially Fiber, SRO
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