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The global aramid fiber market was valued at US$ 3.6 Billion in 2021.
We expect the global aramid fiber market to exhibit a CAGR of 3.5% during 2022-2027.
The growing adoption of lightweight materials, across the automotive, aerospace, construction, and
defense sectors, is primarily driving the global aramid fiber market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of numerous end-use industries for
Based on the product type, the global aramid fiber market can be segmented into meta-aramid fiber,
para-aramid fiber, and others. Currently, para-aramid fiber holds the majority of the total market share.
Based on the application, the global aramid fiber market has been divided into protective fabrics,
frictional materials, optical fibers, tire reinforcement, rubber reinforcement, composites, and others.
Among these, protective fabrics exhibit a clear dominance in the market.
Based on the end-use industry, the global aramid fiber market can be categorized into aerospace and
defense, automotive, electronics and telecommunication, sports goods, and others. Currently, the
automotive industry accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global aramid fiber market include Teijin, DuPont de Nemours Inc.,
Yantai Tayho Advanced Materials Company, Hyosung Corporation, Toray Chemical Korea, Kolon
Industries, Huvis, China National BlueStar Group Company, Taekwang Industrial, JSC Kamenskvolokno,
Guangdong Charming Company, etc.
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