Press release
Aramid Fiber Market Expected to Reach USD 9.8B by 2031 as EV and Military Demands Outstrip Supply
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2024 Key Advances:
1. EV Battery Revolution
o Teijin's Twaron® SF protects against 800V thermal runaway.
o 12kg per Cybertruck pack becomes industry benchmark.
2. Sustainable Production
o 98% recycled purity achieved by Toray.
o Bio-based aramids cut carbon footprint by 40%.
3. Military Tech Race
o Hypersonic missile shielding requires new aramid grades.
o US/China supply chain decoupling accelerates.
Regional Leaders:
• Asia-Pacific (45%): Dominance of Chinese EV/5 G.
• North America (XX%): Military and Tesla demand.
• Europe (XX%): Airbus and circular economy focus.
Executive Insights:
"Aramid is the quiet hero of both the EV and defense revolutions."
- Alexis Michas, DuPont Kevlar® Global Business Leader
Roadmap to 2031:
• 2025: 30% of EV batteries to use aramid protection.
• 2027: Bio-aramids capture 15% market share.
• 2030: Recycling rates to exceed 50% industry wide.
For more insights, visit https://clearviewmarketinsights.com/report-store
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About ClearView Market Insights:
ClearView Market Insights analyzes 200+ advanced material markets, from fibers to composites.
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