Global Aramid Fiber Market - Forecasts From 2018 to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 21, 2018--The “Global Aramid Fiber Market - Forecasts From 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The Aramid Fiber market is projected to grow at a CAGR of 5.51% to reach US$4.718 billion by 2023, from US$3.419 billion in 2017.
Growing demand for protective clothing in various industries like construction, aerospace, military is considered as the driving factor for the growth of the market.
Increasing defense expenditure and rapid expansion of automotive industry is expected to propel the demand during the forecast period.
However, availability of substitute products with better properties is considered as the restraining factor for the growth of the market.
The Aramid Fiber market of APAC region is expected to witness the rapid growth during the forecast period owing to increasing investment in defense and automotive sector during the forecast period.
Major industry players profiled as part of the report are Du Pont de Nemours and Company, Teijin Ltd, Huvis Corp, Toray Chemicals, Kolon Industries and Yantai Tayho Advanced Materials Co among others.
Key Topics Covered
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. ARAMID FIBER MARKET BY TYPE
6. ARAMID FIBER MARKET BY END-USERS
6.1. Aerospace and Defense
7. ARAMID FIBER MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.4. Middle East and Africa
7.5. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Du Pont de Nemours and Company
9.2. Teijin Ltd.
9.3. Huvis Corp.
9.4. Toray Chemicals
9.5. Kolon Industries
9.6. Yantai Tayho Advanced Materials Co.
9.7. Hyosung Corp.
9.8. China National Bluestar (Group) Co.
9.9. X-Fiper (SRO Aramid)
9.10. Kermel S.A.
For more information about this report visit https://www.researchandmarkets.com/research/x9pp2m/global_aramid?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181221005413/en/
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Related Topics:Synthetic Textiles
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS TEXTILES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/21/2018 12:25 PM/DISC: 12/21/2018 12:25 PM