Aramid Fiber Market Research Report
- Global Forecast till 2023
Aramid fibers are polyamides containing at least 85% amide linkages directly attached to
aromatic rings. Various types of aramid fibers include meta and para aramid fiber. Meta-aramid
fiber is projected to be the leading segment due to its high use in electrical insulation and
security & protection applications. These aramid fibers have properties such as high thermal,
chemical resistance, and dielectric coefficient, which makes them suitable for fire resistant
clothing and electric insulation. Among the various applications of aramid fiber, the security &
protection is the leading segment owing to the high demand for protective clothing in defense
and industrial sectors. The optical fiber and electric insulation together hold a significant market
share on account of the high demand for electronics and consumer goods along with the high
disposable income and changing lifestyle. They find their use in major end-use industries such
as aerospace, defense, and automotive. The increasing R&D in aerospace sector has
augmented the market growth. Furthermore, the demand for lightweight, durable, and efficient
automotive is projected to fuel the global market growth during the review period.
The Global Aramid Fiber market is segmented on the basis of the type, application, and end-user
Based on the type, the global aramid fiber market is segmented as meta-aramid, para-aramid,
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.
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The global aramid fiber market is segmented into five regio