Aramid Fiber Market Demand Stimulated by Automotive and Protective Clothing Industries; Market to Hit US $5,099.1 Million by 2023
Buoyed by growth in the automotive industry and an uptick in the demand for protective clothing, the global aramid fiber market is expected to report a high single-digit CAGR between 2015 and 2023, says a latest report by Transparency Market Research. The report, titled 'Aramid Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023' says that the valuation of the market was US$ 2,598.2 million as of 2014 and will rise to US$ 5,099.1...
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