Aramid Fiber Market Size: Demand, Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2024
Aramid fiber market is projected be propelled by the rising need of technical advancement of the military armor. For instance, global military expenditure was USD 1,725 billion in 2016. The global aramid fiber market shall also witness growing demand in aerospace and automotive applications. Aramid fibers are used in manufacturing various structural body parts and cabin panels in aircraft, in the wheels of the aircraft, etc. As per the Boeing estimations, the global demand for new airplanes is likely to...
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