KEY FINDINGS
Aramid fibers are high-end specialty synthetic products used in various industries like defense and aerospace. The global aramid fiber market is estimated to record a CAGR of 7.45% during the forecast period. The increasing concern for safety and security, and the qualities like strength and heat resistance, etc. are the factors propelling the growth of the market.
MARKET INSIGHTS
Aramid fiber is being used as a substitute for Asbestos due to its high tensile strength, low density, stress rupture, high stiffness, low creep, etc., and as a result, is positively impacting the growth of the market. Aramid fibers exhibit excellent chemical and physical properties at high temperatures. However, the production involves high manufacturing costs, limited monomer supply, and investments, all of which can hamper the market growth. Aramid fibers are serving various end-users. As a result, many companies are investing in production materials, thereby creating opportunities for market growth.
REGIONAL INSIGHTS
Based on geography, the global aramid fiber market has been bifurcated into a few regions, such as North America, Asia Pacific, Europe, and the Rest of World. The Asia Pacific is estimated to be the fastest-growing market during the forecast period. Europe holds the largest market share, since Europe is one of the world's biggest automotive manufacturers.
COMPETITIVE INSIGHTS
The major companies operating in the market are Taekwang Industrial Co., Ltd., Kermel, Hyosung Corp., Sro Aramid (X-Fiper New Material Co., Ltd), China National Bluestar (Group) Co., Ltd., Kolon Industries, Inc., etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Aramid Fiber Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Para-Aramid Fiber Is The Majorly Used Product Type
3.2.2. Security & Protection Is The Largest Application Of Aramid Fiber
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Increasing Concern For Security
4.2.2. Substitute For Steel And Asbestos
4.2.3. High Strength And Heat Resistance
4.3. Market Restraints
4.3.1. Cost Of Manufacturing Is High
4.3.2. Non-Biodegradable Nature Of Aramid Fiber
4.4. Market Opportunities
4.4.1. Scope Of Use Of Aramid Fiber In Construction Industry
4.5. Market Challenges
4.5.1. High Cost Of R&D Is Blocking The Way For New Players
5. Market By Product
5.1. Para-Aramid Fiber
5.2. Meta-Aramid Fiber
6. Market By Application
6.1. Security & Protection
6.2. Frictional Materials
6.3. Rubber Reinforcement
6.4. Optical Fibers
6.5. Tire Reinforcement
6.6. Electrical Insulation
6.7. Aerospace
6.8. Other Applications
7. Key Analytics
7.1. Porter's Five Force Model
7.1.1. Threat Of New Entrants
7.1.2. Threat Of Substitute
7.1.3. Bargaining Power Of Suppliers
7.1.4. Bargaining Power Of Buyers
7.1.5. Intensity Of Competitive Rivalry
7.2. Opportunity Matrix
7.3. Value Chain Analysis
7.4. Pestel Analysis
7.5. Vendor Landscape
8. Geographical Analysis
8.1. North America
8.1.1. United States
8.1.2. Canada
8.2. Europe
8.2.1. United Kingdom
8.2.2. Germany
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest Of Europe
8.3. Asia Pacific
8.3.1. India
8.3.2. China
8.3.3. Japan
8.3.4. Australia
8.3.5. South Korea
8.3.6. Rest Of Asia Pacific
8.4. Rest Of World
8.4.1. Latin America
8.4.2. Middle East And Africa
9. Competitive Landscape
9.1. Company Profiles
9.1.1. Dupont Inc.
9.1.2. Teijin
9.1.3. Ibiden Co. Ltd.
9.1.4. Honeywell International Inc.
9.1.5. Toray Industries, Inc
9.1.6. Yantai Tayho Advanced Materials Co., Ltd.
9.1.7. Hyosung Corp.
9.1.8. Kolon Industries, Inc.
9.1.9. China National Bluestar (Group) Co., Ltd.
9.1.10. Sro Aramid (X-Fiper New Material Co., Ltd)
9.1.11. Kermel
9.1.12. Taekwang Industrial Co., Ltd.
List of Tables
Table 1: Global Aramid Fiber Market, By Geography, 2019-2027 (In $ Million)
Table 2: Global Aramid Fiber Market, By Geography, 2019-2027 (In Tons)
Table 3: Global Aramid Fiber Market, By Product, 2019-2027 (In $ Million)
Table 4: Global Aramid Fiber Market, By Product, 2019-2027 (In Tons)
Table 5: Global Para-Aramid Fiber Market, By Region, 2019-2027 (In $ Million)
Table 6: Global Meta-Aramid Fiber Market, By Region, 2019-2027 (In $ Million)
Table 7: Global Aramid Fiber Market, By Application, 2019-2027 (In $ Million)
Table 8: Global Aramid Fiber Market, By Application, 2019-2027 (In Tons)
Table 9: Global Security & Protection Market, By Region, 2019-2027 (In $ Million)
Table 10: Global Frictional Materials Market, By Region, 2019-2027 (In $ Million)
Table 11: Global Rubber Reinforcement Market, By Region, 2019-2027 (In $ Million)
Table 12: Global Optical Fibers Market, By Region, 2019-2027 (In $ Million)
Table 13: Global Tire Reinforcement Market, By Region, 2019-2027 (In $ Million)
Table 14: Global Electrical Insulation Market, By Region, 2019-2027 (In $ Million)
Table 15: Global Aerospace Market, By Region, 2019-2027 (In $ Million)
Table 16: Global Other Applications Market, By Region, 2019-2027 (In $ Million)
Table 17: Opportunity Matrix
Table 18: Vendor Landscape
Table 19: Global Aramid Fiber Market, By Geography, 2019-2027 (In $ Million)
Table 20: Global Aramid Fiber Market, By Geography, 2019-2027 (In Tons)
Table 21: North America Aramid Fiber Market, By Country, 2019-2027 (In $ Million)
Table 22: North America Aramid Fiber Market, By Country, 2019-2027 (In Tons)
Table 23: Europe Aramid Fiber Market, By Country, 2019-2027 (In $ Million)
Table 24: Europe Aramid Fiber Market, By Country, 2019-2027 (In Tons)
Table 25: Asia Pacific Aramid Fiber Market, By Country, 2019-2027 (In $ Million)
Table 26: Asia Pacific Aramid Fiber Market, By Country, 2019-2027 (In Tons)
Table 27: Rest Of World Aramid Fiber Market, By Regions, 2019-2027 (In $ Million)
Table 28: Rest Of World Aramid Fiber Market, By Regions, 2019-2027 (In Tons)
List of Figures
Figure 1: Global Aramid Fiber Market Share, By Application, 2018 & 2027 (%)
Figure 2: Global Para-Aramid Fiber Market, 2019 - 2027 (In $ Million)
Figure 3: Global Security & Protection Market, 2019 - 2027 (In $ Million)
Figure 4: Global Aramid Fiber Market, By Para-Aramid Fiber, 2019-2027 (In $ Million)
Figure 5: Global Aramid Fiber Market, By Meta-Aramid Fiber, 2019-2027 (In $ Million)
Figure 6: Global Aramid Fiber Market, By Security & Protection, 2019-2027 (In $ Million)
Figure 7: Global Aramid Fiber Market, By Frictional Materials, 2019-2027 (In $ Million)
Figure 8: Global Aramid Fiber Market, By Rubber Reinforcement, 2019-2027 (In $ Million)
Figure 9: Global Aramid Fiber Market, By Optical Fibers, 2019-2027 (In $ Million)
Figure 10: Global Aramid Fiber Market, By Tire Reinforcement, 2019-2027 (In $ Million)
Figure 11: Global Aramid Fiber Market, By Electrical Insulation, 2019-2027 (In $ Million)
Figure 12: Global Aramid Fiber Market, By Aerospace, 2019-2027 (In $ Million)
Figure 13: Global Aramid Fiber Market, By Other Applications, 2019-2027 (In $ Million)
Figure 14: Porter's Five Force Model
Figure 15 Value Chain Analysis
Figure 16: Global Aramid Fiber Market, Regional Outlook, 2018 & 2027 (%)
Figure 17: United States Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 18: Canada Aramid Fiber Market, 2019-2027 (In $ Million
Figure 19: United Kingdom Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 20: Germany Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 21: France Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 22: Italy Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 23: Spain Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 24: Russia Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 25: Roe Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 26: India Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 27: China Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 28: Japan Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 29: Australia Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 30: South Korea Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 31: Rest Of Asia Pacific Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 32: Latin America Aramid Fiber Market, 2019-2027 (In $ Million)
Figure 33: Middle East And Africa Aramid Fiber Market, 2019-2027 (In $ Million)
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