Aramid Fiber Market by Type (Meta-Aramid Fiber, Para-Aramid Fiber), Application (Electrical Insulation, Frictional Materials, Industrial Filtration) - Global Forecast 2024-2030

Aramid Fiber Market by Type (Meta-Aramid Fiber, Para-Aramid Fiber), Application (Electrical Insulation, Frictional Materials, Industrial Filtration) - Global Forecast 2024-2030


The Aramid Fiber Market size was estimated at USD 8.64 billion in 2023 and expected to reach USD 9.57 billion in 2024, at a CAGR 10.84% to reach USD 17.76 billion by 2030.

The aramid fiber market comprises manufacturers, distributors, and end-users of synthetic fibers characterized by their high strength, heat resistance, and chemical stability. These fibers are primarily utilized in various industries such as aerospace & defense, automotive, electrical & electronics, industrial applications, personal protective equipment (PPE), and telecommunications. With the growing demand for lightweight materials with superior strength and durability across diverse sectors, the scope of aramid fiber applications is expanding rapidly. Stringent safety regulations across industries prompt the utilization of advanced protective equipment like fire-resistant clothing made from aramid fibers. On the other hand, the high cost associated with the production of aramid fibers and the availability of alternative materials hinder market growth. However, the improvements in aramid material and manufacturing technology and investments in military expenditure worldwide are expected to proliferate the use and development of aramid fibers in the coming years.

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1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing Need for Lightweight and Flexible Materials in Automotive and Aerospace Industry
5.1.1.2. Increased Demand for Fiber Reinforced Composites Materials
5.1.1.3. Rising Requirements for Homeland Security and Demand for Security & Protective Equipment
5.1.2. Restraints
5.1.2.1. Performance Limitations and Higher Production Cost of Aramid Fibers
5.1.3. Opportunities
5.1.3.1. Increase in Government Military & Defense Spending Across Nations
5.1.3.2. Developments in Aramid Materials & Manufacturing Technology Combined with Preferences for Sustainable Material
5.1.4. Challenges
5.1.4.1. Concerns Related to Workers' Safety and Availability of Alternatives
5.2. Market Segmentation Analysis
5.2.1. Type: Growing demand for para-aramid fibers for lightweight industrial components
5.2.2. Application: Rising potential for aramid fibers in optical cables with increasing investments in 5G network
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis
5.8. Client Customization
6. Aramid Fiber Market, by Type
6.1. Introduction
6.2. Meta-Aramid Fiber
6.3. Para-Aramid Fiber
7. Aramid Fiber Market, by Application
7.1. Introduction
7.2. Electrical Insulation
7.3. Frictional Materials
7.4. Industrial Filtration
7.5. Optical Fibers
7.6. Rubber Reinforcement
7.7. Security & Protection
7.8. Tire Reinforcement
8. Americas Aramid Fiber Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Aramid Fiber Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Aramid Fiber Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
11.3.1. Apply Carbon Establishes Mass Recycled Carbon Fiber Production Facility
11.3.2. Sinochem International Expands Presence in Aramid Fiber Industry Chain
11.3.3. Kolon Industries to Double Output of High-Strength Aramid Fibers
11.3.4. DuPont Announces Kevlar EXO, a Groundbreaking Next-Generation Aramid Fiber
12. Competitive Portfolio
12.1. Key Company Profiles
12.2. Key Product Portfolio
FIGURE 1. ARAMID FIBER MARKET RESEARCH PROCESS
FIGURE 2. ARAMID FIBER MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL ARAMID FIBER MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL ARAMID FIBER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL ARAMID FIBER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ARAMID FIBER MARKET DYNAMICS
FIGURE 7. GLOBAL ARAMID FIBER MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. GLOBAL ARAMID FIBER MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL ARAMID FIBER MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. GLOBAL ARAMID FIBER MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS ARAMID FIBER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS ARAMID FIBER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES ARAMID FIBER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES ARAMID FIBER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC ARAMID FIBER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC ARAMID FIBER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA ARAMID FIBER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA ARAMID FIBER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ARAMID FIBER MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 20. ARAMID FIBER MARKET, FPNV POSITIONING MATRIX, 2023

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