- Extrusion Grade
- Injection Molding Grade
- Para-aramids
- Aerospace and Military
- Security & Protection
- Electrical Insulation
- Optical Fiber
- Owens Corning
- Hexcel
- Asahi Fibre Glass Company
- China Fibre Glass Company
- Teijin Group
- Toray
- PPG Industries
- Saint-Gobain Vetrotex
- Chongqing Polycomp International
- Braj Binani Group
- Cytec
-
North America
- U.S.A.
- Canada
- Europe
- France
- Germany
- Spain
- UK
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Latin America
- Brazil
- Middle East and Africa
- Market Forecast for 2024-2030
- Market growth drivers
- Challenges and Opportunities
- Emerging and Current market trends
- Market player Capacity, Production, Revenue (Value)
- Supply (Production), Consumption, Export, Import analysis
- End user/application Analysis
Aramid Fibre Market Analysis & Forecast 2024-2030
Aramid Fibre Market by Product Type (Extrusion Grade, Injection Molding Grade) by Application / End User (Car, Plane, Energy, Sporting Goods, Building) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)
Global Aramid Fibre Market is expected to reach USD 10550.3 million by 2031 with CAGR of 8 % between 2025 and 2031
Aramid Fibre Market is expected to grow at a CAGR of 8.1 % between 2024 to 2030. “Aramid” is short the term for “aromatic polyamide”. Aromatic polyamides were commercially first applied as meta-aramid fibers in the early 1960s, and para-aramid fibers were developed in the 1960s and 1970s. Aramid fibers are high-performance man-made fibers, whose molecules are characterized by relatively rigid polymer chains. With strong hydrogen bonds, these molecules are linked with one another and transfer mechanical stress very efficiently, making it possible to use chains of relatively low molecular weight.
Some general characteristics of Aramid fibers that distinguish them from other synthetic fibers are high strength, good resistance to abrasion, good resistance to organic solvents, non-conductive, no melting point, low flammability, good fabric integrity at elevated temperatures. They are used in aerospace and military applications, rubber & tire reinforcement, electrical insulation, optical fiber, security & protection.
Geographically, Global Aramid Fibre Market is segmented into several areas- North America, Europe, China, Japan, Southeast Asia and India. At present Europe shares largest market for Aramid Fibre followed by North America because of Stringent regulations in different industries. The fastest growing market for aramid fibers over the forecast period is expected to be Asia Pacific because of the rising demand for aramid fibers from the automotive sector and optical fiber segment in this region. China and India are projected to propel the demand for the product over the forecast period due to increasing vehicle production and rising consumption of electrical devices.
Aramid Fibre Market : Product Type
Aramid Fibre Market : End Users/ Applications
Global Aramid Fibre Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Alcoholic Drinks Market :
Geographical analysis of Aramid Fibre Market includes :
Global Aramid Fibre Market Report delivers a comprehensive analysis of the following parameters:
Report Coverage
| Parameters | Details |
|---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 6156 million |
Forecast Value (2031) |
USD 10550.3 million |
CAGR (2025-2030) |
8 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Frequently Asked Questions (FAQ)
Aramid Fibre Market was valued at around USD 6156 million in 2023 & estimated to reach USD 10550.3 million by 2030.
Aramid Fibre Market is likely to grow at Compound Annual Growth Rate (CAGR) of 8% between 2024 to 2030.
Aramid Fibre Market is dominated by the Aerospace and Military segment and the Europe region holds the highest market share in 2023.
Some of the top key players in the Aramid Fibre Market are Owens Corning, Hexcel, Asahi Fibre Glass Company, China Fibre Glass Company, Teijin Group, Toray, PPG Industries, Saint-Gobain Vetrotex, Chongqing Polycomp International, Braj Binani Group, Cytec.
Primary driving factors for the growth of the Aramid Fibre Market include Rising demand for aramid fibers from the automotive sector and optical fiber segment.
Yes, the report includes COVID 19 impact on the market.
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