Para-aramid fibers market size is forecast to reach $6.6 billion by 2026, after growing at a CAGR of 7.2% during 2021-2026. Para-Aramid is an aromatic polyamide distinguished by long, rigid polymer crystalline chains. The major drivers for this market are the increasing usage of para-aramid fiber in brake pads, clutches, transmission belts, gaskets, linings, and tires in automotive and the growing demand for protective clothing in defense and industrial sectors. Also, the increasing utilization of para-aramid fiber as an alternative to asbestos and steel in military and aerospace applications for ballistic grade body armor fabric is likely to fuel market growth over the forecast period. Furthermore, stringent government norms regarding the safety of employees at the workplace and large penalties for non-compliance with these standards is also anticipated to contribute to the para-aramid fiber industry growth during the forecast period.
This product will be delivered within 2 business days.
This product will be delivered within 2 business days.
Table of Contents
1. Para-aramid Fiber Market- Market1.1 Definitions and Scope
2. Para-aramid Fiber Market - Executive Summary
2.1 Key Trends by Product Form
2.2 Key Trends by Application
2.3 Key Trends by End-Use Industry
2.4 Key Trends by Geography
3. Para-aramid Fiber Market - Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
Methodology
LOADING...
