Global Aramid Fiber Market to Expand at 7.8% CAGR Due to High Demand from Automotive and Protective Clothing Industries
Driven by growth in the automotive and protective clothing industries, the global aramid fiber market is projected to expand at a high single-digit CAGR between 2015 and 2023, states a new market research report published by Transparency Market Research (TMR). The report, titled "Aramid Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023", states that the market, with a valuation of US$ 2,598.2 mn in 2014, will expand at a 7.8% CAGR and reach...
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