Aramid Fiber Industry 2018 Global Market Growth, Trends, Revenue, End-use Industry, Region and Forecast Research Report
Aramid Fiber Market Report classifies the global market by Type (Para-Aramid Fiber, Meta-Aramid Fiber), Application (Security and Protection, Frictional Materials, Industrial Filtration, Optical Fibers, Rubber Reinforcement, Tire Reinforcement) and by Reg
(EMAILWIRE.COM, October 26, 2018 ) The aramid fiber market is projected to grow from USD 3.28 billion in 2018 to USD 5.78 billion by 2024, at a CAGR of 9.9%. The increasing demand for lightweight materials for automotive components owing to stringent environmental and emission regulations is expected to drive the market in the automotive industry. In addition, the demand for lightweight and flexible materials for body armor, firefighting equipment, bulletproof vests, helmets, and vehicle armor is driving the demand for high-performing materials, such as aramid fibers and composites of aramid fibers.
Key companies supplying aramid fibers are: DowDuPont (US), Teijin Ltd. (Japan), Toray Industries Inc. (South Korea), Hyosung Corp. (South Korea), Kolon Industries Inc. (South Korea), Huvis Corp. (South Korea), Yantai Tayho Advanced Material Co. (China), Kermel (France), China National Bluestar (Group) Co. Ltd. (China), SRO Aramid (Jiangsu) Co. Ltd. (China) & Taekwang Industrial Co., Ltd. (South Korea)
Get Free Sample Copy of this Report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=240508.
Market Dynamics:
Drivers
1. Increased demand for lightweight materials in security & protection applications
2. Rising need for lightweight materials offering significant emission reduction in vehicles
3. Potential substitute for steel and asbestos
Restraints
1. High R&D costs
2. Non- biodegradable nature of aramid fibers
3. Barriers for new entrants
Opportunities
1. Increasing demand for homeland security and higher defense spending
2. Advancements in aramid materials manufacturing technology
Get Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=240508.
The ecosystem of the aramid fiber market comprises raw material suppliers, manufacturers, and end users of aramid fibers. The aramid fiber value chain starts with the selection of appropriate raw materials. Raw materials play a significant role in determining the final properties of aramid fiber products and thereby their usage and the application in which they can be utilized. The technology for producing aramid is patented by manufacturers but is more or less the same with some modifications. The basic aramid fiber which is manufactured by the above-mentioned raw materials is an intermediate through which other products are manufactured.
The security & protection application segment is expected to lead the aramid fiber market during the forecast period, in terms of value.
By application, the security & protection segment is expected to lead the market during the forecast period. The stringent regulations enforced by the government and other agencies in developed economies, such as the European countries and the US, play a pivotal role in driving the aramid fiber market. Aramid fibers are used to make fire-, cut-, and stab-proof protective clothing such as helmets, footwear, coveralls, and gloves. They are used for military, industrial, and civil purposes. The need for thermal and ballistic protection is rising in civil law enforcement and armed forces owing to increasing insurgency and terrorism.
Target Audience:
Aramid fiber manufacturers
Chemical suppliers
Raw material suppliers
Government and research organizations
Textile traders, distributors, and suppliers
Industry associations
Research and consulting firms
Breakdown of Primaries:
Primary interviews have been conducted with a number of industry experts to obtain information related to the aramid fiber market.
Order a copy of Aramid Fiber Market Report 2018-2023 @ http://www.rnrmarketresearch.com/contacts/purchase?rname=240508.
The breakdown of primary interviews has been depicted below:
1. By Company Type: Tier 130%, Tier 243%, and Tier 327%
2. By Designation: C-Level Executives - 21%, Directors - 23%, and Others - 56%
3. By Region: Asia Pacific - 41%, North America 30%, Europe - 18%, and South America and Middle East & Africa- 11%
Reasons to Buy Aramid Fiber Market Report:
This report is expected to help leaders/new entrants in the aramid fiber market in the following ways:
Provide a better understanding of the aramid fiber market.
Provide information on the drivers, restraints, challenges, and opportunities influencing the growth of the aramid fiber market.
Gain insights regarding competitors and their positions in the aramid fiber market.
Access full research report: http://www.rnrmarketresearch.com/aramid-fiber-market-by-type-para-aramid-fiber-meta-aramid-fiber-and-application-security-protection-frictional-material-tire-rubber-reinforcement-optical-fiber-electrical-insulation-aeros-market-report.html.
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RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Contact Us:
Hrishikesh Patwardhan
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@rnrmarketresearch.com
Key companies supplying aramid fibers are: DowDuPont (US), Teijin Ltd. (Japan), Toray Industries Inc. (South Korea), Hyosung Corp. (South Korea), Kolon Industries Inc. (South Korea), Huvis Corp. (South Korea), Yantai Tayho Advanced Material Co. (China), Kermel (France), China National Bluestar (Group) Co. Ltd. (China), SRO Aramid (Jiangsu) Co. Ltd. (China) & Taekwang Industrial Co., Ltd. (South Korea)
Get Free Sample Copy of this Report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=240508.
Market Dynamics:
Drivers
1. Increased demand for lightweight materials in security & protection applications
2. Rising need for lightweight materials offering significant emission reduction in vehicles
3. Potential substitute for steel and asbestos
Restraints
1. High R&D costs
2. Non- biodegradable nature of aramid fibers
3. Barriers for new entrants
Opportunities
1. Increasing demand for homeland security and higher defense spending
2. Advancements in aramid materials manufacturing technology
Get Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=240508.
The ecosystem of the aramid fiber market comprises raw material suppliers, manufacturers, and end users of aramid fibers. The aramid fiber value chain starts with the selection of appropriate raw materials. Raw materials play a significant role in determining the final properties of aramid fiber products and thereby their usage and the application in which they can be utilized. The technology for producing aramid is patented by manufacturers but is more or less the same with some modifications. The basic aramid fiber which is manufactured by the above-mentioned raw materials is an intermediate through which other products are manufactured.
The security & protection application segment is expected to lead the aramid fiber market during the forecast period, in terms of value.
By application, the security & protection segment is expected to lead the market during the forecast period. The stringent regulations enforced by the government and other agencies in developed economies, such as the European countries and the US, play a pivotal role in driving the aramid fiber market. Aramid fibers are used to make fire-, cut-, and stab-proof protective clothing such as helmets, footwear, coveralls, and gloves. They are used for military, industrial, and civil purposes. The need for thermal and ballistic protection is rising in civil law enforcement and armed forces owing to increasing insurgency and terrorism.
Target Audience:
Aramid fiber manufacturers
Chemical suppliers
Raw material suppliers
Government and research organizations
Textile traders, distributors, and suppliers
Industry associations
Research and consulting firms
Breakdown of Primaries:
Primary interviews have been conducted with a number of industry experts to obtain information related to the aramid fiber market.
Order a copy of Aramid Fiber Market Report 2018-2023 @ http://www.rnrmarketresearch.com/contacts/purchase?rname=240508.
The breakdown of primary interviews has been depicted below:
1. By Company Type: Tier 130%, Tier 243%, and Tier 327%
2. By Designation: C-Level Executives - 21%, Directors - 23%, and Others - 56%
3. By Region: Asia Pacific - 41%, North America 30%, Europe - 18%, and South America and Middle East & Africa- 11%
Reasons to Buy Aramid Fiber Market Report:
This report is expected to help leaders/new entrants in the aramid fiber market in the following ways:
Provide a better understanding of the aramid fiber market.
Provide information on the drivers, restraints, challenges, and opportunities influencing the growth of the aramid fiber market.
Gain insights regarding competitors and their positions in the aramid fiber market.
Access full research report: http://www.rnrmarketresearch.com/aramid-fiber-market-by-type-para-aramid-fiber-meta-aramid-fiber-and-application-security-protection-frictional-material-tire-rubber-reinforcement-optical-fiber-electrical-insulation-aeros-market-report.html.
About Us:
RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Contact Us:
Hrishikesh Patwardhan
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@rnrmarketresearch.com
Contact Information:
ReportsnReports
Hrishikesh Patwardhan
Tel: + 1 888 391 5441
Email us
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ReportsnReports
Hrishikesh Patwardhan
Tel: + 1 888 391 5441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results