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Market Research Report
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1045705

Global Aramid Fiber Market by Type (Para-Aramid Fiber, Meta-Aramid Fiber), Application (Security & Protection, Frictional Materials, Industrial Filtration, Optical Fibers, Rubber Reinforcement, Tire Reinforcement), Regional Forecasts 2021-2027

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Global Aramid Fiber Market by Type (Para-Aramid Fiber, Meta-Aramid Fiber), Application (Security & Protection, Frictional Materials, Industrial Filtration, Optical Fibers, Rubber Reinforcement, Tire Reinforcement), Regional Forecasts 2021-2027
Published: January 10, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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Description

Global Aramid Fiber Market is valued approximately at USD 3.6 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.7% over the forecast period 2021-2027. Aramid fiber is widely utilized in a variety of applications due to its superior mechanical features, such as impact resistance, high strength, and resistance to wear and heat deterioration. Protective apparel is mostly made of para-aramid and meta-aramid fibers. Aerospace and defence, security (body armor), and other industries use it extensively. The market is driven by the key factors such as Growing Demand from the Aerospace Sector and Rising need for lightweight materials offering significant emission reduction in vehicles. A passenger vehicle releases about 4.7 metric tons of CO2 per year, according to the US Environmental Protection Agency (EPA). As a result, governments all over the world are highlighting the importance of strict environmental restrictions. Several standards for decreasing automotive emissions have been revised and enforced by the US EPA on a regular basis. Furthermore, the European Union has imposed strict standard for the passenger and light duty cars producers under the EU light duty vehicle CO2 regulation. furthermore, according to EU regulation, was to cut CO2 emissions by 3.1 percent each year between 2017 and 2020.These stringent regulations are helpful in reduction of emission from vehicle, further driving the need for lightweight materials offering significant emission reduction in vehicles. However, Non-biodegradable nature of aramid fibers , may impede market growth over the forecast period of 2021-2027.

Europe is dominating the aramid fiber market in term of revenue, factor attributing in the market growth are safety restrictions in industries including oil & gas, construction and increasing demand of aramid fiber in high end automotive as well as other industrial sectors, contributing to the region's rising aramid fiber market. In which Germany is leading the Europe market with large number of engine production plant in the world.

Major market player included in this report are:

Xiamen Chao Yu Environmental Protection Technology Co. Ltd

Kolon Industries Inc.

Suzhou Zhaoda Specially Fiber Technical Co. Ltd

Wuxi Heshengyuan Carbon Fiber Technology Co. Ltd

X-FIPER New Material Co. Ltd

Yantai Tayho Advanced Materials Co. Ltd

Toray Industries Inc.

Teijin Limited

Shenma Industrial Co. Ltd

Sinopec Yizheng Chemical Fibre Limited Liability Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Para-aramid fiber

Meta-aramid fiber

By Application:

Security & Protection

Frictional Materials

Industrial Filtration

Optical Fibers

Rubber Reinforcement

Tire Reinforcement

Electrical Insulation

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027.

Target Audience of the Global Aramid Fiber Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Aramid Fiber Market, by region, 2019-2027 (USD Billion)
    • 1.2.2. Aramid Fiber Market, by Type, 2019-2027 (USD Billion)
    • 1.2.3. Aramid Fiber Market, by Application, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Aramid Fiber Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Aramid Fiber Market Dynamics

  • 3.1. Aramid Fiber Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing demand from the aerospace sector
      • 3.1.1.2. Rising need for lightweight materials offering significant emission reduction in vehicles
    • 3.1.2. Market Restraint
      • 3.1.2.1. Available alternatives with better properties
      • 3.1.2.2. Non-biodegradable nature of aramid fibers
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Advancements in aramid materials manufacturing technology
      • 3.1.3.2. Increasing demand for homeland security

Chapter 4. Global Aramid Fiber Market: Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economic
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID -19 Impact

  • 5.1. Assessment of the overall impact of COVID-19 on the industry
  • 5.2. Pre COVID 19and Post COVID 19 market scenarios

Chapter 6. Global Aramid Fiber Market, by Type

  • 6.1. Market Snapshot
  • 6.2. Global Aramid Fibre Market by Type, Performance - Potential Analysis
  • 6.3. Global Aramid Fiber Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
  • 6.4. Aramid Fibre Market, Sub Segment Analysis
    • 6.4.1. Para-aramid fiber
    • 6.4.2. Meta-aramid fiber

Chapter 7. Global Aramid Fiber Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global Aramid Fiber Market by Application, Performance - Potential Analysis
  • 7.3. Global Aramid Fiber Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
  • 7.4. Aramid Fiber Market, Sub Segment Analysis
    • 7.4.1. Security & Protection
    • 7.4.2. Frictional Materials
    • 7.4.3. Industrial Filtration
    • 7.4.4. Optical Fibers
    • 7.4.5. Rubber Reinforcement
    • 7.4.6. Tire Reinforcement
    • 7.4.7. Electrical Insulation
    • 7.4.8. Others

Chapter 8. Global Aramid Fiber Market, Regional Analysis

  • 8.1. Aramid Fiber Market, Regional Market Snapshot
  • 8.2. North America Aramid Fiber Market
    • 8.2.1. U.S. Aramid Fiber Market
      • 8.2.1.1. Type breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Aramid Fiber Market
  • 8.3. Europe Aramid Fiber Market Snapshot
    • 8.3.1. U.K. Aramid Fiber Market
    • 8.3.2. Germany Aramid Fiber Market
    • 8.3.3. France Aramid Fiber Market
    • 8.3.4. Spain Aramid Fiber Market
    • 8.3.5. Italy Aramid Fiber Market
    • 8.3.6. Rest of Europe Aramid Fiber Market
  • 8.4. Asia-Pacific Aramid Fiber Market Snapshot
    • 8.4.1. China Aramid Fiber Market
    • 8.4.2. India Aramid Fiber Market
    • 8.4.3. Japan Aramid Fiber Market
    • 8.4.4. Australia Aramid Fiber Market
    • 8.4.5. South Korea Aramid Fiber Market
    • 8.4.6. Rest of Asia Pacific Aramid Fiber Market
  • 8.5. Latin America Aramid Fiber Market Snapshot
    • 8.5.1. Brazil Aramid Fiber Market
    • 8.5.2. Mexico Aramid Fiber Market
  • 8.6. Rest of The World Aramid Fiber Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Xiamen Chao Yu Environmental Protection Technology Co. Ltd
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Kolon Industries Inc.
    • 9.2.3. Suzhou Zhaoda Specially Fiber Technical Co. Ltd
    • 9.2.4. Wuxi Heshengyuan Carbon Fiber Technology Co. Ltd
    • 9.2.5. X-FIPER New Material Co. Ltd
    • 9.2.6. Yantai Tayho Advanced Materials Co. Ltd
    • 9.2.7. Toray Industries Inc.
    • 9.2.8. Teijin Limited
    • 9.2.9. Shenma Industrial Co. Ltd
    • 9.2.10. Sinopec Yizheng Chemical Fibre Limited Liability Company

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Aramid Fiber Market, report scope
  • TABLE 2. Global Aramid Fiber Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 3. Global Aramid Fiber Market estimates & forecasts by Type 2018-2027 (USD Billion)
  • TABLE 4. Global Aramid Fiber Market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 5. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Aramid Fiber Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Global Aramid Fiber Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. U.S. Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. U.S. Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. U.S. Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. Canada Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 25. Canada Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Canada Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. UK Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 28. UK Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. UK Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. Germany Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 31. Germany Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. Germany Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. France Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 34. France Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. France Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. Spain Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 37. Spain Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Spain Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. Italy Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 40. Italy Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. Italy Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. ROE Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 43. ROE Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. ROE Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. China Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 46. China Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. China Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. India Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 49. India Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. India Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. Japan Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 52. Japan Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Japan Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. Australia Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 55. Australia Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. Australia Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 57. South Korea Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 58. South Korea Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 59. South KoreaAramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 60. ROPAC Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 61. ROPAC Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 62. ROPAC Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 63. Brazil Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 64. Brazil Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 65. Brazil Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 66. Mexico Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 67. Mexico Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 68. Mexico Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 69. ROLA Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 70. ROLA Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 71. ROLA Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 72. ROW Aramid Fiber Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 73. ROW Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 74. ROW Aramid Fiber Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 75. List of secondary sources used in the study of Global Aramid Fiber Market.
  • TABLE 76. List of primary sources used in the study of Global Aramid Fiber Market.
  • TABLE 77. Years considered for the study.
  • TABLE 78. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Aramid Fiber Market, research methodology
  • FIG 2. Global Aramid Fiber Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Aramid Fiber Market, key trends 2020
  • FIG 5. Global Aramid Fiber Market, growth prospects 2021-2027
  • FIG 6. Global Aramid Fiber Market, porters 5 force model
  • FIG 7. Global Aramid Fiber Market, pest analysis
  • FIG 8. Global Aramid Fiber Market, value chain analysis
  • FIG 9. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Aramid Fiber Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Aramid Fiber Market, regional snapshot 2018 & 2027
  • FIG 18. North America Aramid Fiber Market 2018 & 2027 (USD Billion)
  • FIG 19. Europe Aramid Fiber Market 2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Aramid Fiber Market 2018 & 2027 (USD Billion)
  • FIG 21. Latin America Aramid Fiber Market 2018 & 2027 (USD Billion)
  • FIG 22. Global Aramid Fiber Market, company market share analysis (2020)