PUBLISHER: TechNavio | PRODUCT CODE: 1261908
PUBLISHER: TechNavio | PRODUCT CODE: 1261908
Technavio has been monitoring the aramid fiber market and is forecast to grow by USD 1191.78 mn during 2022-2027, accelerating at a CAGR of 3.85% during the forecast period. Our report on the aramid fiber market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from emerging economies, miniaturization of electronic components, and increased demand for fuel-efficient automobiles.
Technavio's aramid fiber market is segmented as below:
By Product
By End-user
By Geography
This study identifies the increasing spending on the defense industry as one of the prime reasons driving the aramid fiber market growth during the next few years. Also, increasing demand for aramid fibers from the consumer electronics industry and increasing expenditure on energy systems by governments will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the aramid fiber market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aramid fiber market vendors that include Aramid HPM LLC, China National Bluestar (Group) Co.Ltd., DuPont de Nemours Inc., Huvis Corp., Hyosung Corp., Kermel, Kolon Industries Inc., Lydall Inc., Shanghai J, and S New Materials Co.Ltd., Shenma Industrial Co. Ltd., Sinopec Shanghai Petrochemical Co. Ltd., Solvay SA, Supermax New Materials Co. Ltd., Suzhou Zhaoda Specialy Fiber Technical Co. Ltd., Toray Industries Inc., Toyobo Co. Ltd., Yantai Tayho Advanced Materials Co. Ltd., and Teijin Ltd. Also, the aramid fiber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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