Meta-aramid Fiber Market is Forecasted to Reach US$ 1.6 billion in 2028, Says Stratview Research

The global Meta-aramid Fiber Market is projected to witness a growth rate of 5.0% annually from 2023 to 2028, with an anticipated size of US$ 1.6 billion in 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Meta-aramid Fiber Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2028: US$ 1.6 billion
Growth (CAGR): 5.0% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Meta-aramid Fiber Market:
The global Meta-aramid Fiber Market is segmented application type, end-use industry type, form type and region

Based on the application type- The meta-aramid fiber market is segmented into protection & safety, electrical insulation, honeycomb paper, rubber reinforcement, and filtration. Electrical insulation is expected to remain the dominant application over the next five years, whereas honeycomb paper is likely to grow at the fastest pace. Electrical insulation applications often require materials with high thermal stability, flame resistance, and excellent dielectric properties, and meta-aramid fibers fulfill these requirements, making them the preferred alternative for electrical insulation in various end-use industries, whereas honeycomb paper structures are used for lightweight and structural applications in industries like aerospace and transportation.

Based on the end-use industry- The market is segmented into aerospace & defense, automotive, electrical & electronics, oil & gas, and industrial. Aerospace and defense is anticipated to be the fastest-growing segment during the forecast period. Meta-aramid fibers are well-suited for the aerospace & defense industry due to their remarkable ability to endure extreme conditions such as high temperatures, impacts, and abrasions. There has been a presence of several companies that are buying honeycomb papers and converting them into honeycomb core materials. Some aerospace tier players are integrated and manufacturing honeycomb cores for their captive purpose.

Based on the form type- The market is segmented into filament, staple fiber, and paper. Paper to maintain an unwavering share in terms of value and volume during the forecast period. Paper made from meta-aramid fibers offers a unique combination of lightweight structure and inherent flame resistance, making it a preferred material for various applications where both strength and fire protection are essential. This form is also employed as a thermal insulator in applications requiring resistance to high temperatures, which include equipment enclosures and electrical components.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests North America is expected to remain the largest market over the next five years and is likely to grow at the fastest rate. This growth outlook is majorly attributed to the following-
• North America hosts well-established industries that use meta-aramid fibers, such as aerospace, defense, and automotive.
• These industries consistently demand materials that provide fire resistance, heat protection, and mechanical strength, which are key characteristics of meta-aramid fibers.

Meta-aramid Fiber Market Drivers:
The Meta-aramid Fiber Market is driven by several key factors, including:
Growing Demand for Heat and Flame-Resistant Materials
• Meta-aramid fibers are widely used in protective clothing for firefighters, military personnel, and industrial workers due to their exceptional heat and flame resistance.
• Stricter safety regulations across industries (e.g., NFPA, OSHA, and EN standards) are fueling demand for fire-resistant (FR) textiles.
Expanding Industrial Applications
• Increasing usage in electrical insulation, gaskets, hoses, and filtration in industries such as oil & gas, aerospace, and automotive.
• Growth in thermal and electrical insulation materials for power transmission applications is also boosting demand.

Top 10 Companies in the Meta-aramid Fiber Market:
Stratview Research has identified the following companies as the top market players:
• DuPont de Nemours, Inc.
• Yantai Tayho Advanced Materials Co.
• Teijin Limited
• SRO Aramid (Jiangsu) Co., Ltd.
• Kermel
• Huvis Corporation
• Guangdong Charming Co., Ltd.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Meta-aramid Fiber Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Honeycomb Core Materials Market: https://www.stratviewresearch.com/775/honeycomb-core-materials-market.html
• Para-Aramid Fiber Market: https://www.stratviewresearch.com/1367/para-aramid-fiber-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.