Aramid Fiber Market Expected to Expand at a Steady CAGR through 2023

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Aramid FiberGlobal Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2023
Rise in Aramid Fiber Demand in Numerous
Industries to Make Market Fetch CAGR of 7.8
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Table of Content
Sr. No. Content
1 Preface
2 Executive Summary
3 Global Aramid Fiber Market Industry Analysis
4 Raw Material and Price Trend Analysis
5 Global Aramid Fiber Market Product Analysis
6 Global Aramid Fiber Market End-user Analysis
7 Global Aramid Fiber Market - Regional Analysis
8 Company Profiles
9 Primary Research Key Findings
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Research Insights

• In 2014, the global aramid fiber market was
  valued at about US1598.2 mn in 2014, and is
  further expected to gain a revenue worth
  US5099.1 mn by 2023. This growth is expected to
  occur at a strong CAGR of 7.8, which is
  projected to occur during the forecast period
  from 2015 to 2023.
• High cost of processing raw materials required to
  make aramid fibers is often passed onto the end
  consumers in the form of exorbitant product
  prices, consequently hindering the global carbon
  fiber market.
• The global aramid fiber market is mainly
  segregated into various segments depending on few
  categories such as product type, end users, and
  region. Under product type, para-aramid fiber and
  meta-aramid fiber are two prominent segments
  present in the global aramid fiber market. 
• China National Bluestar (Group) Co. Ltd.,
  Guangdong Charming Co., Ltd., E. I. du Pont de
  Nemours and Company, Kolon Industries Inc.,
  Teijin Aramid, HYOSUNG Corporation, SRO Group
  (China) Ltd., Alchemie Group, and Yantai Tayho
  Advanced Materials Co. Ltd. Kermel, are key
  players operating in the global aramid fiber
  market. 

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