Aramid Fiber Market by Product and Application - Global Industry Analysis and Forecast To 2023

Date : Jun 2019

Formats :
Report Code : PMR263958906

Category : Material and Chemicals
No Of Pages : 102
Industry Outlook and Trend Analysis

The Aramid Fiber Market was worth USD 2.67 billion in the year of 2014 and is expected to register itself at a compound annual growth rate CAGR of 8.67% during the forecast period. Aramid fibers market has been watching a rising inclination inferable from the different one of kind properties, for example, rigid & highly oriented molecular structure, low flammability, light weight, ultra-high strength, resistance to abrasion & organic solvents, and so forth. Worldwide aramid fiber market is anticipated to have huge request from the barrier segment for defensive garments in the following years. Surge in unbalanced warfare rates and incidents comprehensively has brought about expanded guard speculations by different countries in the last few years. For example, the wars including the Syrian common war, ISIS conflict, the Lebanon struggle, Indo-Pak strife over Kashmir, the fights between North Korea and the United States. Developing strains over the fringes has brought about a rising interest for ballistic protecting products, for example, headgear, bulletproof vests, eyewear, armored car, missiles, and so on. Rising guard use over the globe will drive the aramid fibers market in the following years.





Product Outlook and Trend Analysis

Para aramid fibers drove the worldwide aramid fiber market in 2016, with an income over USD 2 billion. The significant demand for protective apparatuses, for example, bulletproof vests, helmets, and vehicle armor will drive the para aramid fiber market estimate over the figure time span. The most usually favored para aramid strands over the globe include: Twaron, Taparan, Kevlar, RUSLAN, X-FIPER, and so on. Meta aramid fibers are estimated to rise with a CAGR above 7% by 2024. These are projected to witness substantial demand from various applications.

Application Outlook and Trend Analysis

Worldwide aramid fiber market measure was pushed by safety equipment applications in 2016. The portion contributed share of the market near 35 percent in the year and will display broad development over the estimate time span. The gigantic offer was credited to the rising safety issues for the mechanical and in addition defense work force. Optical fiber applications generated close to 15 percent of the aramid fiber market share in 2016 and will witness significant gains over the forecast time frame. The mounting need from the electronics and telecommunication sector for durable and sturdy optical fiber cables will drive the demand for these fibers in the upcoming years.

Regional Outlook and Trend Analysis



North America aramid fiber market produced income over USD 700 million in 2016. The district is evaluated to witness quickest development over the conjecture time frame. In 2014, the military spending in the locale was near USD 1.8 trillion. India and China are probably going to lift to the aramid fiber market development in guard industry in coming years. New acquirements for military, vehicles and electronics are on the ascent and the likelihood of new contestants in the private division could assume a key part for aramid fiber market development in the locale.

Competitive Insights

The market is highly competitive with the presence of some significant players such as DowDuPont, Kolon Industries, Yantai Tayho Co, JSC Kamenskvolokno, Teijin Aramid, Huvis Corp, DSK Hyosung - Authorised service center and Kermel. The major players have been endeavoring to pick up the competitive edge with key limit developments. For example, in October 2017, Teijin experienced a limit extension for its Technora aramid fiber, which is eight times more grounded than steel, at its office in Matsuyama, Japan. Through the development, Teijin tended to the rising needs of its clients for the modern and support applications in Asia Pacific district.

The Aramid Fiber Market is segmented as follows-

By Product:


Meta Aramid
Para Aramid
Copolyamide


By Application:


Frictional Materials
Safety Applications
Tire Reinforcement
Optical Fibers
Electrical Insulation
Rubber Reinforcement


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising demand in automotive and aerospace applications
3.2.1.2. Possible alternative for asbestos and steel
3.2.2. Restraints
3.2.2.1. High production cost
3.2.3. Opportunities
4. Aramid Fiber Market, By Product
4.1. Introduction
4.2. Aramid Fiber Market Assessment and Forecast, By Product, 2014-2023
4.3. Meta aramid
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
4.4. Para aramid
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
4.5. Copolyamide
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5. Aramid Fiber Market, By Application
5.1. Introduction
5.2. The Aramid Fiber Market Assessment and Forecast, By Application, 2014-2023
5.3. Optical fibers
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5.4. Tire reinforcement
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5.5. Safety applications
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5.6. Frictional materials
5.6.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5.7. Electrical insulation
5.7.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5.8. Rubber reinforcement
5.8.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
5.9. Other Application
5.9.1. Market Assessment and Forecast, By Region, 2014-2023 $Million
6. Aramid Fiber Market , By Region
6.1. Introduction
6.2. Aramid Fiber Market Assessment and Forecast, By Region, 2014-2023 $Million
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2014-2023 $Million
6.3.2. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.3.3. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.3.4. U.S.
6.3.4.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.3.4.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.3.5. Canada
6.3.5.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.3.5.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.3.6. Mexico
6.3.6.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.3.6.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2014-2023 $Million
6.4.2. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.3. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.4.4. Germany
6.4.4.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.4.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.4.5. France
6.4.5.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.5.2. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.6. UK
6.4.6.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.6.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.4.7. Italy
6.4.7.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.7.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.4.8. Spain
6.4.8.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.8.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.4.9. Rest of Europe
6.4.9.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.4.9.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2014-2023 $Million
6.5.2. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.3. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5.4. Japan
6.5.4.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.4.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5.5. China
6.5.5.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.5.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5.6. Australia
6.5.6.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.6.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5.7. India
6.5.7.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.7.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5.8. South Korea
6.5.8.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.8.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.5.9. Rest of Asia-Pacific
6.5.9.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.5.9.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2014-2023 $Million
6.6.2. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.3. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6.4. Brazil
6.6.4.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.4.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6.5. Turkey
6.6.5.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.5.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6.6. Saudi Arabia
6.6.6.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.6.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6.7. South Africa
6.6.7.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.7.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6.8. United Arab Emirates
6.6.8.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.8.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
6.6.9. Others
6.6.9.1. Market Assessment and Forecast, By Product, 2014-2023 $Million
6.6.9.2. Market Assessment and Forecast, By Application, 2014-2023 $Million
7. Company Profiles
7.1. DowDuPont Inc.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. W. Barnet GmbH & Co. Kg
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.3. Teijin Aramid B.V.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. HYOSUNG
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5. KERMEL
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Toray
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Huvis Corporation
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Jiaxing Newtex Composites Co., Ltd.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.9. JSC Kamenskvolokno
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.10. Kolon Industries Inc.
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
List of Tables

Table 1.Global Aramid Fiber Market, By Product ($Million), 2014-2023

Table 2.Meta aramid Market, By Region ($Million), 2014-2023

Table 3.Para aramid Market, By Region ($Million), 2014-2023

Table 4.Copolyamide Market, By Region ($Million), 2014-2023

Table 5.Global Aramid Fiber Market, By Application ($Million), 2014-2023

Table 6.Optical fibers Market, By Region ($Million), 2014-2023

Table 7.Tire reinforcement Market, By Region ($Million), 2014-2023

Table 8.Safety applications Market, By Region ($Million), 2014-2023

Table 9.Frictional materials Market, By Region ($Million), 2014-2023

Table 10.Electrical insulation Market, By Region ($Million), 2014-2023

Table 11.Rubber reinforcement Market, By Region ($Million), 2014-2023

Table 12.Other Application Market, By Region ($Million), 2014-2023

Table 13.Global Aramid Fiber Market, By Region ($Million), 2014-2023

Table 14.North America Aramid Fiber Market, By Country, 2014-2023 ($Million)

Table 15.North America Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 16.North America Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 17.U.S. Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 18.U.S. Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 19.Canada Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 20.Canada Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 21.Mexico Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 22.Mexico Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 23.Europe Aramid Fiber Market, By Country, 2014-2023 ($Million)

Table 24.Europe Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 25.Europe Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 26.Germany Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 27.Germany Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 38.France Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 29.France Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 30.UK Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 31.UK Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 32.Italy Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 33.Italy Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 34.Spain Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 35.Spain Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 36.Rest of Europe Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 37.Rest of Europe Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 38.Asia-Pacific Aramid Fiber Market, By Country, 2014-2023 ($Million)

Table 39.Asia-Pacific Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 40.Asia-Pacific Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 41.Japan Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 42.Japan Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 43.China Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 44.China Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 45.Australia Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 46.Australia Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 47.India Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 48.India Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 49.South Korea Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 50.South Korea Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 51.Rest of Asia-Pacific Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 52.Rest of Asia-Pacific Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 53.Rest of the World Aramid Fiber Market, By Country, 2014-2023 ($Million)

Table 54.Rest of the World Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 53.Rest of the World Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 54.Brazil Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 55.Brazil Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 56.Turkey Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 57.Turkey Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 58.Saudi Arabia Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 59.Saudi Arabia Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 60.South Africa Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 61.South Africa Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 62.United Arab Emirates Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 63.United Arab Emirates Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 64.Others Aramid Fiber Market, By Product, 2014-2023 ($Million)

Table 65.Others Aramid Fiber Market, By Application, 2014-2023 ($Million)

Table 66.DowDuPont Inc.: Key Strategic Developments, 2015-2017

Table 67.W. Barnet GmbH & Co. Kg: Key Strategic Developments, 2015-2017

Table 68.Teijin Aramid B.V.: Key Strategic Developments, 2015-2017

Table 69.HYOSUNG: Key Strategic Developments, 2015-2017

Table 70.KERMEL: Key Strategic Developments, 2015-2017

Table 71.Toray: Key Strategic Developments, 2015-2017

Table 72.Huvis Corporation: Key Strategic Developments, 2015-2017

Table 73.Jiaxing Newtex Composites Co., Ltd.: Key Strategic Developments, 2015-2017

Table 74.JSC Kamenskvolokno: Key Strategic Developments, 2015-2017

Table 74.Kolon Industries Inc.: Key Strategic Developments, 2015-2017

List of Figures

Figure 1.Global Aramid Fiber Market Share, By Product, 2014 & 2023

Figure 2.Aramid Fiber Market, By Application, 2016, ($Million)

Figure 3.Aramid Fiber Market, By Region, 2016, ($Million)
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Planet Market Reports added Latest and detailed market study report that focuses on ÔÇťAramid Fiber Market" Which offers essential information based on fresh ideas into Aramid Fiber Market industry along with unique market analysis which covers current top Manufactures in Aramid Fiber Market, growth, Consumption Demand, challenges, Historical data, subjects wise Survey of each chapters, Regional Insights, and Advancing industry trends, which will help our clients to aim Aramid Fiber Market. In addition, the report helps the customers to get a brief idea about Future demand and specifications of products which ensures the driving long-term income and productivity of global market.