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Aramid Fiber Market 2019: Growth Drivers, Strategies, Upcoming Trends, Witness Future Growth, Key Players Profile and Global Industry Forecast 2023

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Global Aramid Fiber Market Information: By Type (Meta-Aramid, Para-Aramid), Application (Security & Protection, Frictional Materials, Rubber Reinforcement), End-Use Industry (Aerospace & Defense, Automotive, Consumer Goods, Marine), And Region- Forecast Till 2023

— The global aramid fiber market is primarily driven by the increasing demand for protective clothing from military & defense, and industrial sectors. The growing defense sector for homeland security and counterterrorism strategies is augmenting the demand for aramid fiber due to their flame resistant and heat protective nature. The use of aramid fiber in ballistic applications such as bulletproof vests and protective gloves is likely to fuel the market growth over the assessment period 2017-2023. Furthermore, aramid fiber is used in the automotive sector for making hoses, belts, gaskets, tyres, brake pads, clutches, and others. They also help in increasing the performance, safety, and durability of the automotive.

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The Global Aramid Fiber market is segmented on the basis of the type, application, and end-user industries.

Based on the type, the global aramid fiber market is segmented as meta-aramid, para-aramid, and others.
The market is segmented on the basis of its application into security & protection, frictional materials, rubber reinforcement, optical fiber, electrical insulation, and others.

On the basis of the end-user industries, the global aramid fiber market is segmented into aerospace & defense, automotive, consumer goods, marine, and others.

Regional Analysis:

The global aramid fiber market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The growing product demand from end-use industries such as defense, automotive, and consumer goods in Asia Pacific is the major driver of the market. The high production and sales of automotive and consumer goods in countries such as India, China, and Japan have contributed to this growth.

The high demand from the defense and automotive sector in the U.S. is the major driving factor of the market in North America.

Europe is growing due to the high production and sales of various automotive parts in western European countries.
The growing automotive sector in Mexico is driving the Latin America market.

The substitution of steel and asbestos in various construction activities is driving the market in the GCC countries.

Competitive Analysis:

Some of the leading manufacturers operating in the global aramid fiber market are TEIJIN LIMITED (Japan), Yantai Tayho Advanced Materials Co., Ltd (China), HYOSUNG (South Korea), Toray Chemicals Korea Inc. (South Korea), KERMEL (France), Kolon Industries, Inc. (South Korea), Huvis (South Korea), China National Bluestar (Group) Co. Ltd. (China), SRO Aramid (China) Co., Ltd. (China), and IBIDEN CO., LTD (Japan).

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TABLE OF CONTENTS:

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry

LIST OF TABLES:

Table 1 Global Aramid Fiber Market: By Region, 2017-2023
Table 2 North America Aramid Fiber Market: By Country, 2017-2023
Table 3 Europe Aramid Fiber Market: By Country, 2017-2023
Table 4 Asia-Pacific Aramid Fiber Market: By Country, 2017-2023
Table 5 Middle East & Africa Aramid Fiber Market: By Country, 2017-2023
Table 6 Latin America Aramid Fiber Market: By Country, 2017-2023
Table 7 Global Aramid Fiber Type Market: By Regions, 2017-2023
Table 8 North America Aramid Fiber Type Market: By Country, 2017-2023
Table 9 Europe Aramid Fiber Type Market: By Country, 2017-2023
Table10 Asia-Pacific Aramid Fiber Type Market: By Country, 2017-2023
Table11 Middle East & Africa Aramid Fiber Type Market: By Country, 2017-2023
Table12 Latin America Aramid Fiber Type Market: By Country, 2017-2023

LIST OF FIGURES:

FIGURE 1 Global Aramid Fiber Market Segmentation
FIGURE 2 Forecast Printing Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Aramid Fiber Market
FIGURE 4 Value Chain Of Global Aramid Fiber Market
FIGURE 5 Share Of Global Aramid Fiber Market In 2015, By Country (In %)
FIGURE 6 Global Aramid Fiber Market, 2017-2023,
FIGURE 7 Global Aramid Fiber Market Size By Type, 2015

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Source URL: https://marketersmedia.com/aramid-fiber-market-2019-growth-drivers-strategies-upcoming-trends-witness-future-growth-key-players-profile-and-global-industry-forecast-2023/503499

Source: MarketersMedia

Release ID: 503499

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