The global aramid fibre market is increasing rapidly due to its increasing usage across various industries such as automobile and apparels. Some of the major factor identified are increasing demand for aramid fibres for optical fibre reinforcement and security & protection application. Also, macroeconomic factors such as growing GDP, rising income level are fuelling the growth of the global aramid fibre market. However high cost of material and competition from substitute product can pose a major challenge towards the growth of the global aramid fibre market to some extent.

1. Aramid Fibre Market - PMR Market Insight Report 2015 to 2021
Persistence Market Research
Aramid Fibre Market - PMR Market Insight
Report 2015 to 2021
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2. Aramid Fibre Market - PMR Market Insight Report 2015 to 2021
Persistence Market Research Released New Market Report on “Aramid Fibre Market - PMR
Market Insight Report 2015 to 2021”.
The utilization of aramid fibre is gaining significant traction in field of fibre for composites and
high-performance technical textiles used across various industries such as aerospace and
automobile. An aramid fibre is man-made organic fibre produced by spinning a solid fibre from a
liquid chemical blend. When compared to the other synthetic fibre aramids have 5-10% higher
mechanical properties such as tensile modulus and strength. These properties are replacing
metal wires and inorganic fibre for high performance application like ropes for offshore oil rigs
and bullet proof vests. Various type of aramid are available in global market place which can be
grouped into para-aramid, meta-aramid and other tailor-made solutions to meet the nice
demand of end-users from various industry. Para-aramid lack in fatigue strength and have poor
compression strength but possess high tensile strength, low breakage elongation and good
resistance to chemicals which makes it suitable for strong composite structural parts. On the
other hand, meta-aramid possess good thermal resistance properties which can be used for
various applications such as gaskets and jet engine enclosures.
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market.asp
The global aramid fibre market is increasing rapidly due to its increasing usage across various
industries such as automobile and apparels. Some of the major factor identified are increasing
demand for aramid fibres for optical fibre reinforcement and security & protection application.
Also, macroeconomic factors such as growing GDP, rising income level are fuelling the growth
of the global aramid fibre market. However high cost of material and competition from substitute
product can pose a major challenge towards the growth of the global aramid fibre market to
some extent.
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3. Aramid Fibre Market - PMR Market Insight Report 2015 to 2021
Global aramid fibre market is segmented on the basis of geography, product type and by end-
use application. Product type segment of the global aramid fibre market includes;
• Para-aramid
• Meta-aramid
• Others (Nylon, Vectran, etc.)
On the other hand end-use application segment is further segmented into following categories;
• Security and Protection
• Optical Fibres
• Tire Reinforcement
• Electrical Insulation
• Rubber Reinforcement
• Ropes & Cables
• Composites
• Other Applications
The global aramid fibre market is expected to grow at significant rate over the forecast period
from 2015 to 2025. Emerging economies such as India and China are forecast to surge the
demand for aramid fibre market due to increasing manufacturing of various products such as
automotive components and sports wears. Among the product type segment, para-aramid
segment dominated the global aramid fibre market in 2014, and is projected to expand at
highest CAGR over the forecast period. Growing communication infrastructure is anticipated to
fuel the optical fibres end-use segment at higher rate when compare to other remaining end-use
application.
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4. Aramid Fibre Market - PMR Market Insight Report 2015 to 2021
The global aramid fibre market is geographically segmented into seven key regions which are,
North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and
Middle East & Africa. As of 2014, Asia Pacific dominated the global aramid fibre market followed
by North America and Europe. On the other hand BRIC countries are expected to grow at higher
CAGR when compared to other countries in their respective regions.
Some of the key players identified in global aramid fibre market are E.I Dupont de Nemours,
Yantai Tayho Advanced Materials Co. Ltd., Teijin Limited, Hyosung Corporation, Kolon Industries
(Republic of Korea), and Toray Chemical Korea Inc.
Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as
applicable)
2) The report covers geographic segmentation
• North America
• Europe
• Asia
• RoW
3) The report provides the market size and forecast for the different segments and geographies
for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the
market
5) The report also provides porters five forces analysis of the market.
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5. Aramid Fibre Market - PMR Market Insight Report 2015 to 2021
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