At 8% CAGR, Aramid Fiber Market to Cross USD 5 Billion by 2024: DowDuPont, W. Barnet GmbH, Tejin Aramid, Hyosung, JSC Kamenskvolokno, Yantai Tayho
Para aramid fibers led the global aramid fiber market in 2016, with a revenue over USD 2 billion. The massive demand for protective gears such as helmets, bulletproof vests, and vehicle armor will drive the para aramid fiber market size over the forecast timespan. The most commonly preferred para aramid fibers across the globe include: Twaron, Kevlar, Taparan, X-FIPER, RUSLAN, etc.
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