Market Research Logo

Global Aramid Fiber Market 2018-2022

Global Aramid Fiber Market 2018-2022

About Aramid Fiber

Aramid fibers are synthetic fibers of polymers containing amide linkages. They are a long chain of synthetic polyamide prepared by the reaction between the amine group and carboxylic acid group. Various optical, mechanical, thermal, and chemical properties exhibited by aramid fibers enable their use in different end-user industries.

Technavio’s analysts forecast the global aramid fiber market to grow at a revenue of close to USD 6 billion during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global aramid fiber market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of aramid fiber.

The market is divided into the following segments based on geography:

  • APAC
  • North America
  • Europe
  • ROW
Technavio's report, Global Aramid Fiber Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DowDuPont
  • HYOSUNG
  • Kolon Industries
  • TEIJIN
  • TORAY INDUSTRIES
  • Yantai Tayho Advanced Materials
Market driver
  • Increasing demand from emerging economies
  • For a full, detailed list, view our report
Market challenge
  • Slower adoption in emerging applications
  • For a full, detailed list, view our report
Market trend
  • Increasing investment in the defense industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Aramid Fiber Market 2018-2022

Technavio recognizes the following companies as the key players in the global aramid fiber market: DowDuPont, HYOSUNG, Kolon Industries, TEIJIN, TORAY INDUSTRIES, and Yantai Tayho Advanced Materials.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing investment in the defense industry. The increasing investment in the defense industry from countries such as China, the US, Russia, Saudi Arabia, India, Japan, and France is expected to increase the aerospace and defense budget owing to the resurgence of global security threats. Several governments around the world have already started increasing their defense budgets to address the security threats. In 2015, for instance, China had increased its military expenditure by 7.4% as compared to that of the preceding year in order to curb the threat to national security. The increasing demand for fighter, attack, and bomber aircraft is expected to foster the demand for aramid fibers that are used in the composite materials of aircraft.”

According to the report, one of the major drivers for this market is Increasing demand from emerging economies. The increasing demand for aramid fiber from the aerospace industry in the emerging economies is expected to fuel the market growth owing to the improvements in the standard of living, open market, rapid liberalization, and industrialization. The increase in the manufacturing activities in the aerospace industry, owing to the high GDP in emerging economies such as China, India, Columbia, Brazil, Philippines, Indonesia, and Mexico, is also expected to drive the demand for aramid fibers. In addition, the emergence of India and China as major manufacturing hubs in APAC is expected to drive the demand for aerospace aramid fiber. China is expected to become the world's largest domestic aviation market by 2035.

Further, the report states that one of the major factors hindering the growth of this market is Slower adoption in emerging applications. Despite the increase in awareness of energy savings, globally, many people remain ignorant about the benefits of aramid fiber in terms of energy efficiency and other superior properties. Currently, aramid fibers are used extensively in high-performance automotive, and in the aerospace and defense industry. The commercial application of aramid fiber in various industrial applications is still limited to a small number of industries.

Companies Mentioned

DowDuPont, HYOSUNG, Kolon Industries, TEIJIN, TORAY INDUSTRIES, and Yantai Tayho Advanced Materials.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global synthetic fiber market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global aramid fiber market– Market size and forecast 2017-2022 ($ millions)
      • Table Global aramid fiber market – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by type
    • Segmentation by type
      • Table Type– Market share 2017-2022 (%)
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Global aramid fiber market by automotive
      • Table Global aramid fiber market by automotive 2017-2022 ($ millions)
      • Table Global aramid fiber market by automotive – Year-over-year growth 2018-2022 (%)
      • Table India: Auto components export volumes by geography 2016 (% share)
    • Global aramid fiber market by aerospace and defense
      • Table Global aramid fiber market by aerospace and defense 2017-2022 ($ millions)
      • Table Global aramid fiber market by aerospace and defense – Year-over-year growth 2018-2022 (%)
      • Table Global aerospace production 2016 (% share)
      • Table Military expenditure by region 2015 (% share)
    • Global aramid fiber market by electrical and electronics
      • Table Global aramid fiber market by electrical and electronics 2017-2022 ($ millions)
      • Table Global aramid fiber market for electrical and electronics – Year-over-year growth 2018-2022 (%)
    • Global aramid fiber market by others
      • Table Global aramid fiber market by others 2017-2022 ($ millions)
      • Table Global aramid fiber market by others – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global aramid fiber market – Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Europe – Market size and forecast 2017-2022
      • Table Europe – Market size and forecast 2017-2022 ($ millions)
      • Table Europe – Year-over-year growth 2018-2022 (%)
    • North America – Market size and forecast 2017-2022
      • Table North America – Market size and forecast 2017-2022 ($ millions)
      • Table North America – Year-over-year growth 2018-2022 (%)
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ millions)
      • Table APAC – Year-over-year growth 2018-2022 (%)
      • Table Passenger car production in Asia 2015 (% share)
    • ROW – Market size and forecast 2017-2022
      • Table ROW – Market size and forecast 2017-2022 ($ millions)
      • Table ROW– Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing investment in the defense industry
    • Increasing demand for aramid fibers from the consumer electronics industry
    • Increasing expenditure on energy systems by governments
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DowDuPont
      • Table Vendor overview
      • Table DowDuPont– Business segments
      • Table DowDuPont – Organizational developments
      • Table DowDuPont – Geographical focus
      • Table DowDuPont – Segment focus
      • Table DowDuPont – Key offerings
    • HYOSUNG
      • Table Vendor overview
      • Table HYOSUNG– Business segments
      • Table HYOSUNG– Organizational developments
      • Table HYOSUNG – Geographical focus
      • Table HYOSUNG– Segment focus
      • Table HYOSUNG – Key offerings
    • Kolon Industries
      • Table Vendor overview
      • Table Kolon Industries – Business segments
      • Table Kolon Industries – Organizational developments
      • Table Kolon Industries– Geographical focus
      • Table Kolon Industries – Segment focus
      • Table Kolon Industries– Key offerings
    • TEIJIN
      • Table Vendor overview
      • Table TEIJIN– Business segments
      • Table TEIJIN– Organizational developments
      • Table TEIJIN – Geographical focus
      • Table TEIJIN – Segment focus
      • Table TEIJIN– Key offerings
    • TORAY INDUSTRIES
      • Table Vendor overview
      • Table TORAY INDUSTRIES – Business segments
      • Table TORAY INDUSTRIES – Organizational developments
      • Table TORAY INDUSTRIES – Geographical focus
      • Table TORAY INDUSTRIES – Segment focus
      • Table TORAY INDUSTRIES – Key offerings
    • Yantai Tayho Advanced Materials
      • Table Vendor overview
      • Table Yantai Tayho Advanced Materials– Business segments
      • Table Yantai Tayho Advanced Materials – Organizational developments
      • Table Yantai Tayho Advanced Materials – Geographical focus
      • Table Yantai Tayho Advanced Materials – Segment focus
      • Table Yantai Tayho Advanced Materials– Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report