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Lucintel Forecasts Para Aramid Fiber Market to Reach $3.0 billion by 2031

10-13-2025 08:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Lucintel

Para Aramid Fiber Market

Para Aramid Fiber Market

According to the recent study the para aramid fiber market is projected to reach an estimated $3.0 billion by 2031 from $2.6 billion in 2024, at a CAGR of 4.0% from 2024 to 2031. Growth in this market is primarily driven by increasing usage of para aramid fiber in brake pads, clutches, gaskets, linings, and tires in automotive and the growing demand for protective clothing in defense and industrial sectors.
Browse 115 figures / charts and 112 tables in this 200 -page report to understand trends, opportunities and forecast in para aramid fiber market by application (frictional materials , protection, electrical transmission, safety, rubber reinforcement, tire reinforcement, oil and gas, and others), product (filament yarn, short fibers, pulp, and others), and region (North America, Europe, Asia Pacific, and ROW).
Lucintel forecasts that protection segment will remain the largest application and is also expected to witness the highest growth over the forecast period due to growing need for protection of military personnel from mine attacks is expected to drive demand for mine-resistant ambush protected automobiles.
Filament yarn is expected to remain the largest product segment over the forecast period and also it is expected to witness highest growth over the forecast period.
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North America is expected to remain the largest region over the forecast period due to increasing automotive production, growth in aerospace industry, and stringent government regulation on industrial safety and protection and it is also expected to witness highest growth over the forecast period.
Tejin Aramid, DuPont, Kolon Industries, Hyosung Corporation, Yantai Tayho Advanced Materials Co. Ltd. are the major supplier in the para aramid fiber market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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8951 Cypress Waters Blvd, Suite 160 Dallas, TX 75019, USA
Tel: +1-972-636-5056

Lucintel finds that the future of the global glass fiber material market is promising with opportunities in the marine, transportation, pipe and tanks, aerospace, construction, electrical and electronics, consumer goods, and wind energy. The glass fiber material market is expected to reach an estimated $14 billion by 2031 with a CAGR of 4% from 2024 to 2031.

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