San Francisco, 26 February 2019: The Report Aramid Fiber Market Size Share & Trends Analysis Report By Product
(Para-aramid, Meta-aramid), By Application (Security & Protection,
Frictional Materials, Optical Fibers), And Segment Forecasts 2018 - 2025
The global aramid fiber market size is expected to reach USD 5.90 billion by 2025,
according to a new study by Grand View Research, Inc., registering a CAGR of
8.2% during the forecast period. Growing demand for protective clothing in
various end-use industries such as construction, manufacturing, and oil and
gas, as well as law enforcement, military, and firefighting is expected to
drive the overall market over the forecast period.
Aramid fibers are synthetic
high-performance fibers with molecules that are described by rigid polymer chains.
These molecules are connected by hydrogen bonds, which transfer mechanical
stress easily and efficiently. Aramid fibers are distinguished from other
synthetic fibers by various characteristics such as low flammability, good
resistance to organic solvents, high strength, good resistance to abrasion,
non-conductivity, no melting point, and good fabric integrity at elevated
temperatures.
Aramid fibers find wide-scale application
in security and protection, frictional materials, rubber reinforcement, and optical
fibers. Over 30% of aramid fiber produced is used for security and protection
applications in various industries such as law enforcement and military, oil
and gas, pharmaceuticals, building and construction, and firefighting.
Para-aramid fiber is projected to play a
key role in market growth over the forecast period owing to its advantageous
properties such as high strength and rigid molecular structure, which drive its
utilization in security and protection application. Rising demand for protective
headgear, safety goggles, protective footwear, earplugs, gloves, safety
harnesses, and others is anticipated to propel product demand over the forecast
period.
Access Research Report of Aramid Fiber
Market @ www.grandviewresearch.com/industry-analysis/aramid-fiber-market
Further key findings from the repot suggest:
· Para-aramid was the largest product segment
in the global aramid fiber market in 2017 and is anticipated to dominate the
market through the forecast period
· Security and protection accounted for the
largest share by application in 2017 on account of increasing applicability of
personal protective equipment in various end-use markets
· Europe dominated the overall aramid fiber
market and is projected to expand at a CAGR of 7.7% over the forecast period.
Increasing demand from various end-use markets in Asia Pacific, particularly in
China and India, is likely to drive this market
· Asia Pacific is projected to register the
highest CAGR of 9.8% over the forecast period owing to increasing demand in
emerging countries such as China and India.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
Grand View Research has segmented the
global aramid fiber market on the basis of product, application, and region:
Aramid Fiber Products Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Para-Aramid
·
Meta-Aramid
·
Others
Aramid Fiber Application Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Security & Protection
·
Frictional Materials
·
Rubber Reinforcement
·
Optical Fibers
·
Tire Reinforcement
·
Electrical Insulation
·
Aerospace
·
Others
Aramid Fiber Regional Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Aramid Fiber Market@ www.grandviewresearch.com/press-release/global-aramid-fiber-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
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