PUBLISHER: Lucintel | PRODUCT CODE: 1079226
PUBLISHER: Lucintel | PRODUCT CODE: 1079226
Aramid Paper Market Trends and Forecast
The future of the aramid paper market looks promising with opportunities in electrical insulation and honeycomb application. The global aramid paper market is expected to reach an estimated $1.0 billion by 2027 with a CAGR of 5.1% from 2021 to 2027. The major drivers for this market are increase in number of working women, increasing disposable income, and changing climatic conditions. The major drivers for growth in this market are increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.
Emerging Trends in the Aramid Paper Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes development of cellulose nanofiber aramid paper. DuPont, Teijin, Yantai Tayho, Shenzhen LongPont, and X-FIPER are among the major aramid paper manufacturers.
A total of 72 figures / charts and 54 tables are provided in this 113-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the aramid paper market report.
Aramid Paper Market by Segment
Aramid Paper Market by Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Aramid Paper Market by Product Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
Aramid Paper Market by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 - 2027]:
List of Aramid Paper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aramid paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aramid paper companies profiled in this report includes.
Aramid Paper Market Insight
Features of Aramid Paper Market
FAQ
Q1. What is the aramid paper market size?
Answer: The global aramid paper market is expected to reach an estimated $1.0 billion by 2027
Q2. What is the growth forecast for aramid paper market?
Answer: The aramid paper market is expected to grow at a CAGR of 5.1% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the aramid paper market?
Answer: The major drivers for growth in this market are increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.
Q4. What are the major applications or end use industries for aramid paper?
Answer: Electrical Insulation and honeycomb are the major application for aramid paper.
Q5. What are the emerging trends in aramid paper market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, development of cellulose nanofiber aramid paper.
Q6. Who are the key aramid paper companies?
Answer: Some of the key aramid paper companies are as follows:
Q7. Which aramid paper product segment will be the largest in future?
Answer: Lucintel forecasts that Meta aramid paper is expected to remain the largest market by value and volume over the forecast period due to its attractive properties of inherent dielectric strength, mechanical toughness, thermal stability, chemical compatibility, cryogenic capabilities, radiation, and flame resistance. Para aramid is expected to witness highest growth over the forecast period.
Q8 : In aramid paper market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region and APAC witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.