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Aramid Fiber Market by Type (Para-Aramid Fiber, Meta-Aramid Fiber), Application (Security & Protection, Frictional Materials, Industrial Filtration, Optical Fibers, Rubber Reinforcement, Tire Reinforcement), Region - Global Forecast to 2028

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Date: 15-Sep-2023
No. of pages: 233
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“lightweight and flexible materials from the automotive and military & defense industries helps to growth the aramid fiber market”

The aramid fiber market is poised for significant growth, with a projected value of USD 7.6 billion by 2028, exhibiting a robust CAGR of 9.9% from its 2023 value of USD 4.7 billion. This growth is primarily attributed to the escalating demand for lightweight and flexible materials, particularly in the automotive and military & defense sectors. These industries are increasingly seeking versatile materials for diverse applications. Furthermore, stringent regulations aimed at carbon emissions reduction are compelling industry stakeholders to explore alternatives that are not only lightweight and durable but also fuel-efficient. This trend is expected to propel the aramid fiber market even further in the forecast period. However, it's important to note that the high costs associated with research and development, as well as the non-biodegradable nature of aramid fibers, pose challenges to market growth.

“The para-aramid fiber was the largest type in aramid fiber market in 2022, in terms of value”

The para-aramid fiber segment finds its primary application in security and protection, driven by the growing demand for protective attire in both military and industrial settings. Meanwhile, the meta-aramid fiber sector is expected to experience notable expansion in the forecasted period, largely attributed to its increasing use in industrial filtration applications. This diversification in applications within the aramid fiber market presents promising opportunities for business growth and innovation.

“Security & protection is projected to be the largest application of aramid fiber market during the forecasted period”

The security and protection segment asserted its dominance in the market throughout 2022 and is expected to sustain its leadership position until 2028. This enduring prominence is underpinned by the surging demand emanating from emerging economies like China, Brazil, and India. These economies are pivotal consumers, employing aramid fibers for various military, industrial, and civil applications. The escalating need for thermal and ballistic protection in civil law enforcement and armed forces, driven by the rising challenges of insurgency and terrorism, further reinforces the segment's market leadership, heralding significant growth potential in this domain.

“Europe is estimated to be the largest aramid fiber market between 2023 and 2028, in terms of value.”

Europe stands as the foremost market for aramid fiber, driven by stringent safety regulations prevalent in key industries such as oil & gas, construction, aluminum, and steel. This regulatory environment has ignited a substantial demand for protective clothing, thereby propelling the aramid fiber market across the continent. Moreover, the requirement for high-performance friction materials in the automotive and various industrial sectors further contributes to the burgeoning aramid fiber market in the European region.

In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:


  • By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%

  • By Designation: - Director Level - 27%, C-Level - 25%, and Others - 48%

  • By Region: North America - 32%, Europe - 28%, Asia Pacific - 21%, South America - 12%, and Middle East & Africa - 7%,


The key market players illustrated in the report include Teijin Limited (Japan), DuPont de Numerous, Inc. (US), Yantai Tayho Advanced Materials Co., Ltd. (China), Hyosung Corporation (South Korea), Toray Industries, Inc. (Japan), Kolon Industries Inc. (South Korea), Huvis Corp. (South Korea), Kermel (France), China National Bluestar (Group) Co., Ltd. (China), and X-FIPER New Material Co., Ltd. (China).

Research Coverage

This report segments the market for aramid fiber on the basis of type, application, and region, and provides estimations for the overall volume (Ton) and value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for aramid fiber.

Reasons to buy this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the aramid fiber market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


  • Analysis of key drivers (Rising demand for lightweight materials in security & protection applications, Increasing need for lightweight materials offering substantial emission reduction in vehicles, Potential alternative for steel and asbestos), restraints (High R&D cost, Non-biodegradable nature of aramid fiber), opportunities (Growing demand for homeland security, Rising aerospace and defense sector, Developments in aramid materials manufacturing process), and challenges (expensive production, Available substitutes with analogous properties)

  • Market Penetration: Comprehensive information on aramid fiber offered by top players in the global aramid fiber market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aramid fiber market

  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for aramid fiber across regions

  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global aramid fiber market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the aramid fiber market

  • Impact of recession on aramid fiber market

Aramid Fiber Market by Type (Para-Aramid Fiber, Meta-Aramid Fiber), Application (Security & Protection, Frictional Materials, Industrial Filtration, Optical Fibers, Rubber Reinforcement, Tire Reinforcement), Region - Global Forecast to 2028

Table Of Contents

1 Introduction 31
1.1 Study Objectives 31
1.2 Market Definition 31
1.2.1 Aramid Fiber Market: Inclusions And Exclusions 32
1.2.2 Aramid Fiber Market: Definition And Inclusions, By Type 32
1.2.3 Aramid Fiber Market: Definition And Inclusions, By Application 32
1.3 Market Scope 33
1.3.1 Aramid Fiber Market Segmentation 33
1.3.2 Regions Covered 34
1.3.3 Years Considered 34
1.4 Currency 35
1.5 Units Considered 35
1.6 Stakeholders 35
1.7 Summary Of Changes 35
1.8 Recession Impact 36

2 Research Methodology 37
2.1 Research Data 37
Figure 1 Aramid Fiber Market: Research Design 37
2.1.1 Secondary Data 38
2.1.2 Primary Data 38
2.1.2.1 Primary Interviews – Demand And Supply Sides 38
2.1.2.2 Key Industry Insights 39
2.1.2.3 Breakdown Of Primary Interviews 39
2.2 Market Size Estimation 40
2.2.1 Bottom-Up Approach 40
Figure 2 Market Size Estimation Methodology: Approach 1 (Supply Side) Collective Share Of Major Players 40
Figure 3 Market Size Estimation Methodology: Approach 1 Bottom-Up (Supply Side)– Collective Revenue Of All Products 41
Figure 4 Market Size Estimation Methodology: Approach 2 – Bottom-Up (Demand Side) 41
2.2.2 Top-Down Approach 42
Figure 5 Market Size Estimation Methodology: Approach 3 – Top-Down 42
2.3 Data Triangulation 42
Figure 6 Aramid Fiber Market: Data Triangulation 43
2.4 Growth Rate Assumptions/Growth Forecast 43
2.4.1 Supply Side 44
Figure 7 Market Cagr Projections From Supply Side 44
2.4.2 Demand Side 45
Figure 8 Market Growth Projections From Demand-Side Drivers And Opportunities 45
2.5 Impact Of Recession 46
2.6 Factor Analysis 46
2.7 Assumptions 47
2.8 Limitations 47
2.9 Risk Assessment 47
Table 1 Aramid Fiber Market: Risk Assessment 47

3 Executive Summary 48
Figure 9 Optical Fibers Segment To Witness Highest Cagr In Aramid Fiber Market During Forecast Period 49
Figure 10 Para-Aramid Fiber Segment To Dominate Aramid Fiber Market During Forecast Period 49
Figure 11 Europe Accounted For Largest Share Of Aramid Fiber Market In 2022 50

4 Premium Insights 52
4.1 Attractive Opportunities For Players In Aramid Fiber Market 52
Figure 12 Europe To Lead Aramid Fiber Market During Forecast Period 52
4.2 Aramid Fiber Market, By Region 52
Figure 13 Asia Pacific To Register Highest Cagr During Forecast Period 52
4.3 Asia Pacific: Aramid Fiber Market, By Application And Country, 2022 53
Figure 14 China And Security & Protection Application Led Aramid Fiber Market In Asia Pacific In 2022 53
4.4 Aramid Fiber Market Size, By Application Vs. Region 53
Figure 15 Security & Protection Application Led Aramid Fiber Market 53
4.5 Aramid Fiber Market, By Key Countries 54
Figure 16 India To Register Highest Cagr Between 2023 And 2028 54

5 Market Overview 55
5.1 Introduction 55
5.2 Market Dynamics 55
Figure 17 Overview Of Factors Governing Aramid Fiber Market 55
5.2.1 Drivers 56
5.2.1.1 Increasing Demand For Lightweight Materials In Security & Protection Applications 56
5.2.1.2 Rising Need For Lightweight Materials Enabling Significant Emission Reduction In Vehicles 56
5.2.1.3 Potential Substitute For Steel And Asbestos 56
5.2.2 Restraints 57
5.2.2.1 High R&D Costs 57
5.2.2.2 Non-Biodegradable Nature Of Aramid Fibers 57
5.2.3 Opportunities 57
5.2.3.1 Rising Need For Homeland Security 57
5.2.3.2 Growing Aerospace & Defense Sector 57
5.2.3.3 Advancements In Aramid Fiber Material Manufacturing Technologies 57
5.2.4 Challenges 58
5.2.4.1 High Cost Of Production 58
5.2.4.2 Availability Of Alternatives With Similar Properties 58
5.3 Porter’s Five Forces Analysis 58
Figure 18 Aramid Fiber Market: Porter’s Five Forces Analysis 58
5.3.1 Threat Of New Entrants 59
5.3.2 Threat Of Substitutes 59
5.3.3 Bargaining Power Of Suppliers 59
5.3.4 Bargaining Power Of Buyers 59
5.3.5 Intensity Of Competitive Rivalry 60
Table 2 Aramid Fiber Market: Porter’s Five Forces Analysis 60
5.4 Macroeconomic Indicators 60
5.4.1 Gdp Trends And Forecasts For Major Economies 61
Table 3 Gdp Trends And Forecast, By Major Economies, 2020–2028 (Usd Billion) 61

6 Industry Trends 62
6.1 Supply Chain Analysis 62
Figure 19 Aramid Fiber Market: Supply Chain 62
6.1.1 Raw Materials 63
6.1.2 Aramid Fiber Manufacturers 63
6.1.3 Distribution To End-Use Industries 63
6.2 Key Stakeholders & Buying Criteria 63
6.2.1 Key Stakeholders In Buying Process 63
Figure 20 Influence Of Stakeholders On Buying Process For Top 3 Applications 63
Table 4 Influence Of Stakeholders On Buying Process For Top 3 Applications (%) 64
6.2.2 Buying Criteria 64
Figure 21 Key Buying Criteria For Top 3 Applications 64
Table 5 Key Buying Criteria For Top 3 Applications 64
6.3 Pricing Analysis 65
6.3.1 Average Selling Price Trend Of Key Players, By Application 65
Figure 22 Average Selling Price Trend Of Key Players, By Application 65
Table 6 Average Selling Price Trend Of Key Players (Usd/Kg), By Application 65
6.3.2 Average Selling Price Trend, By Region 65
Figure 23 Average Selling Price Trend Of Aramid Fiber, By Region (Usd/Kg) 66
Table 7 Average Selling Price Trend Of Aramid Fiber, By Region (Usd/Kg) 66
6.4 Trends/Disruptions Impacting Customer Businesses 67
6.4.1 Revenue Shifts And New Revenue Pockets For Aramid Fiber Manufacturers 67
Figure 24 Revenue Shift For Aramid Fiber Market 67
6.5 Ecosystem 68
Figure 25 Aramid Fiber Market: Ecosystem 68
Table 8 Aramid Fiber Market: Ecosystem 68
6.6 Case Studies 70
6.6.1 Case Study On Aramid Fiber For Lightweight Protective Racing Suits 70
6.6.2 Case Study On Aramid Fiber For Flame-Resistant Comfort Wear 70
6.7 Technology Analysis 70
6.8 Global Regulatory Framework And Its Impact On Aramid Fiber Market 71
6.8.1 Regulations Related To Aramid Fiber Market 71
6.8.2 Regulatory Bodies, Government Agencies, And Other Organizations 72
6.9 Key Conferences & Events In 2023–2024 73
Table 9 Aramid Fiber Market: Detailed List Of Conferences & Events 73
6.10 Trade Data 74
6.10.1 Import Scenario Of Aramid Fibers 74
Figure 26 Aramid Fiber Imports, By Key Countries, 2013–2022 74
Table 10 Aramid Fiber Imports, By Region, 2013–2022 (Usd Million) 74
6.10.2 Export Scenario Of Aramid Fibers 75
Figure 27 Aramid Fiber Exports, By Key Countries, 2013–2022 75
Table 11 Aramid Fiber Exports, By Region, 2013–2022 (Usd Million) 75
6.11 Patent Analysis 76
6.11.1 Approach 76
6.11.2 Document Type 76
Figure 28 Patents Registered For Aramid Fiber, 2012–2022 77
Figure 29 Patent Publication Trends For Aramid Fiber, 2012–2022 77
6.11.3 Legal Status Of Patents 78
Figure 30 Legal Status Of Patents Filed For Aramid Fiber 78
6.11.4 Jurisdiction Analysis 78
Figure 31 Maximum Patents Filed By Companies In Us 78
6.11.5 Top Applicants 79
Figure 32 The Boeing Company Registered Maximum Number Of Patents Between 2012 And 2022 79
Table 12 Top 10 Patent Owners (Us) In Last 11 Years 81

7 Aramid Fiber Market, By Type 82
7.1 Introduction 83
Figure 33 Meta-Aramid Fiber To Grow At Higher Cagr Between 2023 And 2028 83
Table 13 Aramid Fiber Market, By Type, 2017–2021 (Ton) 83
Table 14 Aramid Fiber Market, By Type, 2022–2028 (Ton) 83
Table 15 Aramid Fiber Market, By Type, 2017–2021 (Usd Million) 84
Table 16 Aramid Fiber Market, By Type, 2022–2028 (Usd Million) 84
7.2 Para-Aramid Fiber 84
7.2.1 Rising Demand For Protective Apparel To Drive Market 84
Table 17 Para-Aramid Fiber Market, By Region, 2017–2021 (Ton) 85
Table 18 Para-Aramid Fiber Market, By Region, 2022–2028 (Ton) 85
Table 19 Para-Aramid Fiber Market, By Region, 2017–2021 (Usd Million) 85
Table 20 Para-Aramid Fiber Market, By Region, 2022–2028 (Usd Million) 86
Table 21 Para-Aramid Fiber Market, By Application, 2017–2021 (Ton) 86
Table 22 Para-Aramid Fiber Market, By Application, 2022–2028 (Ton) 86
Table 23 Para-Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 87
Table 24 Para-Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 87
7.3 Meta-Aramid Fiber 88
7.3.1 Growing Demand From Telecommunication And Automotive Industries To Drive Market 88
Table 25 Meta-Aramid Fiber Market, By Region, 2017–2021 (Ton) 88
Table 26 Meta-Aramid Fiber Market, By Region, 2022–2028 (Ton) 88
Table 27 Meta-Aramid Fiber Market, By Region, 2017–2021 (Usd Million) 89
Table 28 Meta-Aramid Fiber Market, By Region, 2022–2028 (Usd Million) 89

8 Aramid Fiber Market, By Application 90
8.1 Introduction 91
Figure 34 Optical Fibers Segment To Register Highest Cagr In Aramid Fiber Market During Forecast Period 91
Table 29 Aramid Fiber Market, By Application, 2017–2021 (Ton) 92
Table 30 Aramid Fiber Market, By Application, 2022–2028 (Ton) 92
Table 31 Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 93
Table 32 Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 93
8.2 Security & Protection 93
8.2.1 Stringent Regulations Enforced By Government And Other Agencies In Developed Economies To Drive Market 93
Table 33 Aramid Fiber Market In Security & Protection, By Region, 2017–2021 (Ton) 94
Table 34 Aramid Fiber Market In Security & Protection, By Region, 2022–2028 (Ton) 94
Table 35 Aramid Fiber Market In Security & Protection, By Region, 2017–2021 (Usd Million) 94
Table 36 Aramid Fiber Market In Security & Protection, By Region, 2022–2028 (Usd Million) 95
8.3 Frictional Materials 95
8.3.1 Advancements In Technology In Transportation Industry To Drive Market 95
Table 37 Aramid Fiber Market In Frictional Materials, By Region, 2017–2021 (Ton) 95
Table 38 Aramid Fiber Market In Frictional Materials, By Region, 2022–2028 (Ton) 96
Table 39 Aramid Fiber Market In Frictional Materials, By Region, 2017–2021 (Usd Million) 96
Table 40 Aramid Fiber Market In Frictional Materials, By Region, 2022–2028 (Usd Million) 96
8.4 Industrial Filtration 97
8.4.1 Demand For High-Temperature Gas Filtration To Drive Market 97
Table 41 Aramid Fiber Market In Industrial Filtration, By Region, 2017–2021 (Ton) 97
Table 42 Aramid Fiber Market In Industrial Filtration, By Region, 2022–2028 (Ton) 97
Table 43 Aramid Fiber Market In Industrial Filtration, By Region, 2017–2021 (Usd Million) 98
Table 44 Aramid Fiber Market In Industrial Filtration, By Region, 2022–2028 (Usd Million) 98
8.5 Optical Fibers 98
8.5.1 Rise In Investments In Telecommunication To Drive Market 98
Table 45 Aramid Fiber Market In Optical Fibers, By Region, 2017–2021 (Ton) 99
Table 46 Aramid Fiber Market In Optical Fibers, By Region, 2022–2028 (Ton) 99
Table 47 Aramid Fiber Market In Optical Fibers, By Region, 2017–2021 (Usd Million) 99
Table 48 Aramid Fiber Market In Optical Fibers, By Region, 2022–2028 (Usd Million) 100
8.6 Rubber Reinforcement 100
8.6.1 Increasing Demand For Thermal Stability From Automotive And Industrial Sectors To Drive Market 100
Table 49 Aramid Fiber Market In Rubber Reinforcement, By Region, 2017–2021 (Ton) 100
Table 50 Aramid Fiber Market In Rubber Reinforcement, By Region, 2022–2028 (Ton) 101
Table 51 Aramid Fiber Market In Rubber Reinforcement, By Region, 2017–2021 (Usd Million) 101
Table 52 Aramid Fiber Market In Rubber Reinforcement, By Region, 2022–2028 (Usd Million) 101
8.7 Tire Reinforcement 102
8.7.1 Demand For Heavy-Duty Vehicles And Efficient Tires To Drive Market 102
Table 53 Aramid Fiber Market In Tire Reinforcement, By Region, 2017–2021 (Ton) 102
Table 54 Aramid Fiber Market In Tire Reinforcement, By Region, 2022–2028 (Ton) 102
Table 55 Aramid Fiber Market In Tire Reinforcement, By Region, 2017–2021 (Usd Million) 103
Table 56 Aramid Fiber Market In Tire Reinforcement, By Region, 2022–2028 (Usd Million) 103
8.8 Electrical Insulation 103
8.8.1 Demand For Insulation In Extreme Conditions To Drive Market 103
Table 57 Aramid Fiber Market In Electrical Insulation, By Region, 2017–2021 (Ton) 104
Table 58 Aramid Fiber Market In Electrical Insulation, By Region, 2022–2028 (Ton) 104
Table 59 Aramid Fiber Market In Electrical Insulation, By Region, 2017–2021 (Usd Million) 104
Table 60 Aramid Fiber Market In Electrical Insulation, By Region, 2022–2028 (Usd Million) 105
8.9 Others 105
8.9.1 Composites 105
8.9.2 Aerospace 105
8.9.3 Recreational Goods 105
8.9.4 Ropes & Cables 106
Table 61 Aramid Fiber Market In Other Applications, By Region, 2017–2021 (Ton) 106
Table 62 Aramid Fiber Market In Other Applications, By Region, 2022–2028 (Ton) 106
Table 63 Aramid Fiber Market In Other Applications, By Region, 2017–2021 (Usd Million) 107
Table 64 Aramid Fiber Market In Other Applications, By Region, 2022–2028 (Usd Million) 107

9 Aramid Fiber Market, By Region 108
9.1 Introduction 109
Figure 35 Asia Pacific To Register Highest Cagr In Aramid Fiber Market Between 2023 And 2028 109
Table 65 Aramid Fiber Market, By Region, 2017–2021 (Ton) 109
Table 66 Aramid Fiber Market, By Region, 2022–2028 (Ton) 110
Table 67 Aramid Fiber Market, By Region, 2017–2021 (Usd Million) 110
Table 68 Aramid Fiber Market, By Region, 2022–2028 (Usd Million) 110
9.2 Asia Pacific 111
Figure 36 Asia Pacific: Aramid Fiber Market Snapshot 112
9.2.1 Recession Impact 112
9.2.2 Asia Pacific Aramid Fiber Market, By Type 113
Table 69 Asia Pacific: Aramid Fiber Market, By Type, 2017–2021 (Ton) 113
Table 70 Asia Pacific: Aramid Fiber Market, By Type, 2022–2028 (Ton) 113
Table 71 Asia Pacific: Aramid Fiber Market, By Type, 2017–2021 (Usd Million) 113
Table 72 Asia Pacific: Aramid Fiber Market, By Type, 2022–2028 (Usd Million) 114
9.2.3 Asia Pacific Aramid Fiber Market, By Application 114
Table 73 Asia Pacific: Aramid Fiber Market, By Application, 2017–2021 (Ton) 114
Table 74 Asia Pacific: Aramid Fiber Market, By Application, 2022–2028 (Ton) 114
Table 75 Asia Pacific: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 115
Table 76 Asia Pacific: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 115
9.2.4 Asia Pacific Aramid Fiber Market, By Country 116
Table 77 Asia Pacific: Aramid Fiber Market, By Country, 2017–2021 (Ton) 116
Table 78 Asia Pacific: Aramid Fiber Market, By Country, 2022–2028 (Ton) 116
Table 79 Asia Pacific: Aramid Fiber Market, By Country, 2017–2021 (Usd Million) 116
Table 80 Asia Pacific: Aramid Fiber Market, By Country, 2022–2028 (Usd Million) 117
9.2.4.1 China 117
9.2.4.1.1 Heavy Production And Consumption Of Composites Industry To Drive Market 117
Table 81 China: Aramid Fiber Market, By Application, 2017–2021 (Ton) 117
Table 82 China: Aramid Fiber Market, By Application, 2022–2028 (Ton) 118
Table 83 China: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 118
Table 84 China: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 119
9.2.4.2 Japan 119
9.2.4.2.1 Growing Investment In Telecommunication Industry To Support Market Growth 119
Table 85 Japan: Aramid Fiber Market, By Application, 2017–2021 (Ton) 120
Table 86 Japan: Aramid Fiber Market, By Application, 2022–2028 (Ton) 120
Table 87 Japan: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 121
Table 88 Japan: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 121
9.2.4.3 India 121
9.2.4.3.1 Growing Fdi In Manufacturing Industry To Support Market Growth 121
Table 89 India: Aramid Fiber Market, By Application, 2017–2021 (Ton) 122
Table 90 India: Aramid Fiber Market, By Application, 2022–2028 (Ton) 122
Table 91 India: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 123
Table 92 India: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 123
9.2.4.4 South Korea 124
9.2.4.4.1 High Demand From Building & Construction And Electronics Industry To Support Market Growth 124
Table 93 South Korea: Aramid Fiber Market, By Application, 2017–2021 (Ton) 124
Table 94 South Korea: Aramid Fiber Market, By Application, 2022–2028 (Ton) 124
Table 95 South Korea: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 125
Table 96 South Korea: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 125
9.3 North America 126
Figure 37 North America: Aramid Fiber Market Snapshot 126
9.3.1 Recession Impact 127
9.3.2 North America Aramid Fiber Market, By Type 127
Table 97 North America: Aramid Fiber Market, By Type, 2017–2021 (Ton) 127
Table 98 North America: Aramid Fiber Market, By Type, 2022–2028 (Ton) 127
Table 99 North America: Aramid Fiber Market, By Type, 2017–2021 (Usd Million) 127
Table 100 North America: Aramid Fiber Market, By Type, 2022–2028 (Usd Million) 128
9.3.3 North America Aramid Fiber Market, By Application 128
Table 101 North America: Aramid Fiber Market, By Application, 2017–2021 (Ton) 128
Table 102 North America: Aramid Fiber Market, By Application, 2022–2028 (Ton) 128
Table 103 North America: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 129
Table 104 North America: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 129
9.3.4 North America Aramid Fiber Market, By Country 130
Table 105 North America: Aramid Fiber Market, By Country, 2017–2021 (Ton) 130
Table 106 North America: Aramid Fiber Market, By Country, 2022–2028 (Ton) 130
Table 107 North America: Aramid Fiber Market, By Country, 2017–2021 (Usd Million) 130
Table 108 North America: Aramid Fiber Market, By Country, 2022–2028 (Usd Million) 131
9.3.4.1 Us 131
9.3.4.1.1 Heavy Capital Investments And Development Projects In Automotive And Defense Sectors To Drive Market 131
Table 109 Us: Aramid Fiber Market, By Application, 2017–2021 (Ton) 131
Table 110 Us: Aramid Fiber Market, By Application, 2022–2028 (Ton) 132
Table 111 Us: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 132
Table 112 Us: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 133
9.3.4.2 Canada 133
9.3.4.2.1 Rise In Disposable Income To Positively Influence Market 133
Table 113 Canada: Aramid Fiber Market, By Application, 2017–2021 (Ton) 134
Table 114 Canada: Aramid Fiber Market, By Application, 2022–2028 (Ton) 134
Table 115 Canada: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 135
Table 116 Canada: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 135
9.3.4.3 Mexico 135
9.3.4.3.1 Increasing Manufacturing Activities And Extensive Network Of Free Trade Agreements (Ftas) To Drive Market 135
Table 117 Mexico: Aramid Fiber Market, By Application, 2017–2021 (Ton) 136
Table 118 Mexico: Aramid Fiber Market, By Application, 2022–2028 (Ton) 136
Table 119 Mexico: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 137
Table 120 Mexico: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 137
9.4 Europe 137
Figure 38 Europe: Aramid Fiber Market Snapshot 138
9.4.1 Recession Impact On Europe 138
9.4.2 Europe Aramid Fiber Market, By Type 139
Table 121 Europe: Aramid Fiber Market, By Type, 2017–2021 (Ton) 139
Table 122 Europe: Aramid Fiber Market, By Type, 2022–2028 (Ton) 139
Table 123 Europe: Aramid Fiber Market, By Type, 2017–2021 (Usd Million) 139
Table 124 Europe: Aramid Fiber Market, By Type, 2022–2028 (Usd Million) 140
9.4.3 Europe Aramid Fiber Market, By Application 140
Table 125 Europe: Aramid Fiber Market, By Application, 2017–2021 (Ton) 140
Table 126 Europe: Aramid Fiber Market, By Application, 2022–2028 (Ton) 140
Table 127 Europe: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 141
Table 128 Europe: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 141
9.4.4 Europe Aramid Fiber Market, By Country 142
Table 129 Europe: Aramid Fiber Market, By Country, 2017–2021 (Ton) 142
Table 130 Europe: Aramid Fiber Market, By Country, 2022–2028 (Ton) 142
Table 131 Europe: Aramid Fiber Market, By Country, 2017–2021 (Usd Million) 143
Table 132 Europe: Aramid Fiber Market, By Country, 2022–2028 (Usd Million) 143
9.4.4.1 Germany 143
9.4.4.1.1 Highly Developed Aerospace And Automotive Industries To Drive Market 143
Table 133 Germany: Aramid Fiber Market, By Application, 2017–2021 (Ton) 144
Table 134 Germany: Aramid Fiber Market, By Application, 2022–2028 (Ton) 144
Table 135 Germany: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 145
Table 136 Germany: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 145
9.4.4.2 Uk 145
9.4.4.2.1 Growth In Automotive And Chemical Industries To Positively Influence Market 145
Table 137 Uk: Aramid Fiber Market, By Application, 2017–2021 (Ton) 146
Table 138 Uk: Aramid Fiber Market, By Application, 2022–2028 (Ton) 146
Table 139 Uk: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 147
Table 140 Uk: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 147
9.4.4.3 France 148
9.4.4.3.1 Growing Demand In Optical Fibers And Aerospace Applications To Drive Market 148
Table 141 France: Aramid Fiber Market, By Application, 2017–2021 (Ton) 148
Table 142 France: Aramid Fiber Market, By Application, 2022–2028 (Ton) 149
Table 143 France: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 149
Table 144 France: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 150
9.4.4.4 Spain 150
9.4.4.4.1 Strong Focus On Revival Of Economy To Propel Market 150
Table 145 Spain: Aramid Fiber Market, By Application, 2017–2021 (Ton) 150
Table 146 Spain: Aramid Fiber Market, By Application, 2022–2028 (Ton) 151
Table 147 Spain: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 151
Table 148 Spain: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 152
9.5 South America 152
9.5.1 Recession Impact On South America 152
9.5.2 South America Aramid Fiber Market, By Type 153
Table 149 South America: Aramid Fiber Market, By Type, 2017–2021 (Ton) 153
Table 150 South America: Aramid Fiber Market, By Type, 2022–2028 (Ton) 153
Table 151 South America: Aramid Fiber Market, By Type, 2017–2021 (Usd Million) 153
Table 152 South America: Aramid Fiber Market, By Type, 2022–2028 (Usd Million) 153
9.5.3 South America Aramid Fiber Market, By Application 154
Table 153 South America: Aramid Fiber Market, By Application, 2017–2021 (Ton) 154
Table 154 South America: Aramid Fiber Market, By Application, 2022–2028 (Ton) 154
Table 155 South America: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 155
Table 156 South America: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 155
9.5.4 South America Aramid Fiber Market, By Country 155
Table 157 South America: Aramid Fiber Market, By Country, 2017–2021 (Ton) 155
Table 158 South America: Aramid Fiber Market, By Country, 2022–2028 (Ton) 156
Table 159 South America: Aramid Fiber Market, By Country, 2017–2021 (Usd Million) 156
Table 160 South America: Aramid Fiber Market, By Country, 2022–2028 (Usd Million) 156
9.5.4.1 Brazil 156
9.5.4.1.1 Rising Demand From Oil & Gas And Transport Industries To Support Market 156
Table 161 Brazil: Aramid Fiber Market, By Application, 2017–2021 (Ton) 157
Table 162 Brazil: Aramid Fiber Market, By Application, 2022–2028 (Ton) 157
Table 163 Brazil: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 158
Table 164 Brazil: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 158
9.6 Middle East & Africa 158
9.6.1 Recession Impact On Middle East & Africa 159
9.6.2 Middle East & Africa Aramid Fiber Market, By Type 159
Table 165 Middle East & Africa: Aramid Fiber Market, By Type, 2017–2021 (Ton) 159
Table 166 Middle East & Africa: Aramid Fiber Market, By Type, 2022–2028 (Ton) 159
Table 167 Middle East & Africa: Aramid Fiber Market, By Type, 2017–2021 (Usd Million) 160
Table 168 Middle East & Africa: Aramid Fiber Market, By Type, 2022–2028 (Usd Million) 160
9.6.3 Middle East & Africa Aramid Fiber Market, By Application 160
Table 169 Middle East & Africa: Aramid Fiber Market, By Application, 2017–2021 (Ton) 160
Table 170 Middle East & Africa: Aramid Fiber Market, By Application, 2022–2028 (Ton) 161
Table 171 Middle East & Africa: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 161
Table 172 Middle East & Africa: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 162
9.6.4 Middle East & Africa Aramid Fiber Market, By Country 162
Table 173 Middle East & Africa: Aramid Fiber Market, By Country, 2017–2021 (Ton) 162
Table 174 Middle East & Africa: Aramid Fiber Market, By Country, 2022–2028 (Ton) 162
Table 175 Middle East & Africa: Aramid Fiber Market, By Country, 2017–2021 (Usd Million) 163
Table 176 Middle East & Africa: Aramid Fiber Market, By Country, 2022–2028 (Usd Million) 163
9.6.4.1 Saudi Arabia 163
9.6.4.1.1 Heavy Investments In Defense Sector To Drive Market 163
Table 177 Saudi Arabia: Aramid Fiber Market, By Application, 2017–2021 (Ton) 164
Table 178 Saudi Arabia: Aramid Fiber Market, By Application, 2022–2028 (Ton) 164
Table 179 Saudi Arabia: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 165
Table 180 Saudi Arabia: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 165
9.6.4.2 Uae 165
9.6.4.2.1 Potential Foreign Investors To Positively Influence Market 165
Table 181 Uae: Aramid Fiber Market, By Application, 2017–2021 (Ton) 166
Table 182 Uae: Aramid Fiber Market, By Application, 2022–2028 (Ton) 166
Table 183 Uae: Aramid Fiber Market, By Application, 2017–2021 (Usd Million) 167
Table 184 Uae: Aramid Fiber Market, By Application, 2022–2028 (Usd Million) 167

10 Competitive Landscape 168
10.1 Introduction 168
10.2 Strategies Adopted By Key Players 168
Table 185 Overview Of Strategies Adopted By Key Manufacturers Of Aramid Fiber 168
10.3 Ranking Of Key Market Players, 2022 170
Figure 39 Ranking Of Top Five Players In Aramid Fiber Market, 2022 170
10.4 Market Share Analysis 170
Table 186 Aramid Fiber Market: Degree Of Competition 171
Figure 40 Dupont De Nemours, Inc.: Leading Player In Aramid Fiber Market 171
10.4.1 Dupont De Nemours, Inc. 171
10.4.2 Teijin Limited 172
10.4.3 Kolon Industries, Inc. 172
10.4.4 Yantai Tayho Advanced Materials Co., Ltd. 172
10.4.5 Toray Industries, Inc. 172
10.5 Revenue Analysis Of Top Five Players 173
Figure 41 Revenue Analysis Of Key Companies For Last Five Years 173
10.6 Company Evaluation Matrix 174
10.6.1 Stars 174
10.6.2 Emerging Leaders 174
10.6.3 Pervasive Players 174
10.6.4 Participants 174
Figure 42 Company Evaluation Matrix For Key Players 175
10.6.5 Company Footprint 176
Figure 43 Aramid Fiber Market: Company Product Footprint 176
Table 187 Aramid Fiber Market: Type Footprint 177
Table 188 Aramid Fiber Market: Application Footprint 178
Table 189 Aramid Fiber Market: Company Region Footprint 179
10.7 Start-Up/Sme Evaluation Matrix 180
10.7.1 Progressive Companies 180
10.7.2 Responsive Companies 180
10.7.3 Dynamic Companies 180
10.7.4 Starting Blocks 181
Figure 44 Start-Up/Sme Evaluation Matrix For 181
10.7.5 Competitive Benchmarking 182
Table 190 Aramid Fiber Market: Detailed List Of Key Startups/Smes 182
Table 191 Aramid Fiber Market: Competitive Benchmarking Of Key Startups/Smes 183
10.8 Competitive Situations And Trends 184
10.8.1 Product Launches 184
Table 192 Aramid Fiber Market: Product Launches, (2019–2023) 184
10.8.2 Deals 185
Table 193 Aramid Fiber Market: Deals, (2019–2023) 185
10.8.3 Other Developments 186
Table 194 Aramid Fiber Market: Expansions, Investments, And Innovations, (2019–2023) 186

11 Company Profiles 187
(Business Overview, Products Offered, Recent Developments, Mnm View)*
11.1 Major Players 187
11.1.1 Teijin Limited 187
Table 195 Teijin Limited: Company Overview 187
Figure 45 Teijin Limited: Company Snapshot 188
Table 196 Teijin Limited: Product Launches 189
Table 197 Teijin Limited: Deals 189
Table 198 Teijin Limited: Other Developments 190
11.1.2 Dupont De Nemours, Inc. 191
Table 199 Dupont De Nemours, Inc: Company Overview 191
Figure 46 Dupont De Nemours, Inc.: Company Snapshot 192
Table 200 Dupont De Nemours, Inc.: Product Launches 193
Table 201 Dupont De Nemours, Inc.: Deals 193
11.1.3 Yantai Tayho Advanced Materials Co., Ltd. 195
Table 202 Yantai Tayho Advanced Materials Co., Ltd.: Company Overview 195
Table 203 Yantai Tayho Advanced Materials Co., Ltd.: Other Developments 196
11.1.4 Hyosung Corporation 197
Table 204 Hyosung Corporation: Company Overview 197
Figure 47 Hyosong Corporation: Company Snapshot 197
Table 205 Hyosung Corporation: Other Developments 198
11.1.5 Toray Industries, Inc. 199
Table 206 Toray Industries, Inc.: Company Overview 199
Figure 48 Toray Industries, Inc.: Company Snapshot 199
Table 207 Toray Industries, Inc.: Product Launches 200
Table 208 Toray Industries, Inc.: Deals 200
11.1.6 Kolon Industries, Inc. 202
Table 209 Kolon Industries, Inc.: Company Overview 202
Figure 49 Kolon Industries, Inc.: Company Snapshot 202
Table 210 Kolon Industries, Inc.: Other Developments 203
11.1.7 Huvis Corp. 204
Table 211 Huvis Corp.: Company Overview 204
11.1.8 Kermel 205
11.1.9 China National Bluestar (Group) Co., Ltd. 206
Table 212 China Bluestar (Group) Co., Ltd.: Company Overview 206
11.1.10 X-Fiper New Material Co., Ltd 207
Table 213 X-Fiper New Material Co., Ltd: Company Overview 207
11.2 Other Key Market Players 208
11.2.1 Taekwang Industrial Co., Ltd. 208
Table 214 Taekwang Industrial Co., Ltd.: Company Overview 208
11.2.2 Aramid Hpm Llc 208
Table 215 Aramid Hpm Llc: Company Overview 208
11.2.3 Shanghai J&S New Materials Co., Ltd 209
Table 216 Shanghai J&S New Materials Co., Ltd: Company Overview 209
11.2.4 Yf International Bv 209
Table 217 Yf International Bv: Company Overview 209
11.2.5 Lydall, Inc. 210
Table 218 Lydall, Inc.: Company Overview 210
11.2.6 Suzhou Zhaoda Specially Fiber Technical Co., Ltd 210
Table 219 Suzhou Zhaoda Specially Fiber Technical Co., Ltd: Company Overview 210
11.2.7 Shenma Industrial Co., Ltd. 211
Table 220 Shenma Industrial Co., Ltd.: Company Overview 211
11.2.8 Sinopec Yizheng Chemical Fiber Co., Ltd. 211
Table 221 Sinopec Yizheng Chemical Fiber Co., Ltd.: Company Overview 211
11.2.9 Zhangjiagang Gangying Industry Co., Ltd 212
Table 222 Zhangjiagang Gangying Industry Co., Ltd: Company Overview 212
11.2.10 Veplas Advanced Technologies Group 212
Table 223 Veplas Advanced Technologies Group: Company Overview 212
11.2.11 Pro-Systems S.P.A. 213
Table 224 Pro-Systems S.P.A.: Company Overview 213
11.2.12 Wuxi Gde Technology Co., Ltd 213
Table 225 Wuxi Gde Technology Co., Ltd: Company Overview 213
11.2.13 Barnet Intelligent Materials 214
Table 226 Barnet Intelligent Materials: Company Overview 214
11.2.14 Zhejiang Suretex Composite Co., Ltd 215
Table 227 Zhejiang Suretex Composite Co., Ltd: Company Overview 215
11.2.15 Hebei Silicon Valley Chemical Co., Ltd. 216
Table 228 Hebei Silicon Valley Chemical Co., Ltd.: Company Overview 216
*Details On Business Overview, Products Offered, Recent Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

12 Adjacent & Related Markets 217
12.1 Introduction 217
12.2 Limitation 217
12.3 Armor Materials Market 217
12.3.1 Market Definition 217
12.3.2 Market Overview 218
12.4 Armor Materials Market, By Region 218
Table 229 Armor Materials Market, By Region, 2017–2020 (Usd Million) 218
Table 230 Armor Materials Market, By Region, 2021–2027 (Usd Million) 218
Table 231 Armor Materials Market, By Region, 2017–2020 (Kiloton) 219
Table 232 Armor Materials Market, By Region, 2021–2027 (Kiloton) 219
12.4.1 North America 219
Table 233 North America: Arm0r Materials Market, By Country, 2017–2020 (Usd Million) 219
Table 234 North America: Arm0r Materials Market, By Country, 2021–2027 (Usd Million) 219
Table 235 North America: Arm0r Materials Market, By Country, 2017–2020 (Kiloton) 220
Table 236 North America: Arm0r Materials Market, By Country, 2021–2027 (Kiloton) 220
12.4.2 Europe 220
Table 237 Europe: Armor Materials Market, By Country, 2017–2020 (Usd Million) 220
Table 238 Europe: Armor Materials Market, By Country, 2021–2027 (Usd Million) 221
Table 239 Europe: Armor Materials Market, By Country, 2017–2020 (Kiloton) 221
Table 240 Europe: Armor Materials Market, By Country, 2021–2027 (Kiloton) 222
12.4.3 Asia Pacific 222
Table 241 Asia Pacific: Armor Materials Market, By Country, 2017–2020 (Usd Million) 222
Table 242 Asia Pacific: Armor Materials Market, By Country, 2021–2027 (Usd Million) 223
Table 243 Asia Pacific: Armor Materials Market, By Country, 2017–2020 (Kiloton) 223
Table 244 Asia Pacific: Armor Materials Market, By Country, 2021–2027 (Kiloton) 224
12.4.4 Middle East & Africa 224
Table 245 Middle East & Africa: Armor Materials Market, By Country, 2017–2020 (Usd Million) 224
Table 246 Middle East & Africa: Armor Materials Market, By Country, 2021–2027 (Usd Million) 224
Table 247 Middle East & Africa: Armor Materials Market, By Country, 2017–2020 (Kiloton) 225
Table 248 Middle East & Africa: Armor Materials Market, By Country, 2021–2027 (Kiloton) 225
12.4.5 South America 225
Table 249 South America: Armor Materials Market, By Country, 2017–2020 (Usd Million) 225
Table 250 South America: Armor Materials Market, By Country, 2021–2027 (Usd Million) 226
Table 251 South America: Armor Materials Market, By Country, 2017–2020 (Kiloton) 226
Table 252 South America: Armor Materials Market, By Country, 2021–2027 (Kiloton) 226

13 Appendix 227
13.1 Discussion Guide 227
13.2 Knowledgestore: Marketsandmarkets’ Subscription Portal 230
13.3 Customization Options 232
13.4 Related Reports 232
13.5 Author Details 233

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