Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025

Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025

Persistence Market Research

Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025

Persistence Market Research

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Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025 Persistence Market Research Released New Market Report on “Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025�.

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.

Browse Report: http://www.persistencemarketresearch.com/market-research/aramid-fibremarket.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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Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025 Global aramid fibre market is segmented on the basis of geography, product type and by enduse application. Product type segment of the global aramid fibre market includes; 

Para-aramid

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Meta-aramid

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Others (Nylon, Vectran, etc.)

On the other hand end-use application segment is further segmented into following categories; 

Security and Protection

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Optical Fibres

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Tire Reinforcement

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Electrical Insulation

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Rubber Reinforcement

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Ropes & Cables

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Composites

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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.

Request to view TOC: http://www.persistencemarketresearch.com/toc/8029

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Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025

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

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Asia

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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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Aramid Fibre Market - Market is expected to grow at significant rate from 2015 to 2025 About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

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