Reports Monitor

Aramid Fiber Market: Result Associated with Existing and Promising Market, Forecast-2025

Press Release   •   Apr 13, 2018 09:00 EDT

Aramid Fiber Market

Aramid fibers are the class of man-made, strong, high performance synthetic and heat resistant fibers. Aramid polymer is produced by a reaction between carboxylic acid halide group and amine group. Molecules in aramid fibers are linked together with hydrogen bond that efficiently transfers mechanical stress making it enable to use chains of relatively low molecular weight. Aramid fibers possess typical fascinating characteristics such as increased resistance to abrasion, organic solvent, non-melting, non-conductive, enhanced fabric integrity at high temperature and greater strength. They have find a wide array of application in the military, aerospace, composites, Automotive, ballistics, protective clothing against radiation, heat or chemicals, and others. These materials acts as substitute to asbestos material and serve as optical fiber cables in telecommunication. They are also used in the manufacturing of tiers and rubbers.

The global aramid fiber market is majorly driven by rising need for security and protective measure and increasing manufacturing of ballistic protection such as bulletproof armors, law enforcement vest, helmets and vehicle armor in military. Increasing expenditure on defenses, rapid development & technological advances in transportation, drive for higher fuel efficiency and being potential substitute for asbestos and steel forces the aramid fiber market globally. Additionally, advancement in aerospace industries and rapidly growing GDP in emerging countries will fuel the growth of the market. However, High production cost, need for large expenses in research and development and non-biodegradable nature of the material may slow the growth of the market. Burgeoning defense expenditure, adoption of advanced aramid materials and growing need from automotive and aerospace sector provide lucrative opportunities to market players to put forth strong foothold within the market.

Know More| Request for FREE PDF Brochure @http://bit.ly/2qwCTQK

Aramid Fiber Market

Aramid Fiber Market

SegmentationThe aramid fiber market is segmented on the basis of types, application and end users. On the basis of types, the market is segmented into Para-aramid, meta-aramid. On the basis of application the market is segmented into security & protection, frictional materials, reinforcement, optical fibers, electrical insulation. Frictional materials are further segmented into rubber, and tire. On the basis of end users, the market is segmented into aerospace & defense, automotive, electrical, electronics & telecommunication, and others.

Regional AnalysisGeographically, the global aramid fiber market is segmented into North America, Europe, Asia Pacific, and Latin America, the Middle East and Africa. Europe dominates the aramid fiber market owing to the high spending on defenses and aerospace industry. Moreover safety precaution taken by various end-use sectors in this region including oil & gas, steel & aluminum, Construction industry demands for protective clothing which leads the European market to grow further. North America holds the second position in the market followed by Asia Pacific. Asia-Pacific is expected to be potential market for aramid fiber and will grow faster pace in coming years in terms of volume. China command for the major market owing to rapidly growing economy and new and advanced vehicles & gears for armed forces and demand from optical fiber segment. On the other hand, the rest of world holds the least share in the market.

Global Aramid Fiber Market Segmentation

By Type

  • Para-aramid
  • Meta-aramid

By Application

  • Security & Protection
  • Frictional Material
  • Rubber
    • Tier
    • Reinforcement
  • Optical Fibers
  • Electrical Insulation

By End-User

  • Aerospace & Defense
  • Automotive
  • Electrical
  • Electronics & Telecommunication
  • Others

Market Key Players

  • Teijin Ltd.
  • Yantai Tayho Advanced Materials Co.
  • Toray Chemicals South Korea Inc.
  • Hyosung Corp.
  • Kolon Industries Inc.
  • Huvis Corp.
  • Kermel
  • SRO Aramid (Jiangzu) Co. Ltd.
  • China National Bluestar (Group) Co. Ltd.

By Geography:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Turkey
    • Rest of Europe
  • Asia-Pacific
    • Australia
    • New-Zealand
    • China
    • Rest of APAC
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

In-depth table of contents for this report @ http://bit.ly/2qvJufa

Research Scope:The study for Aramid Fiber Market will provide market size, estimates and forecast based on the following years:

Historic data: 2015Base Year Estimate: 2016Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1.Introduction
1.1 Market Definition
1.2. Market Scope

2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3.Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016

About Us:

We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

Contact Us:Mr. Kevin Thomas
Direct:+1 513 549 5911 (US)
+44 203 318 2846 (UK)

Email: sales@garnerinsights.com