Lewes, DE -- (SBWIRE) -- 04/23/2019 -- Aramid (Aramid Fiber) market is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 4.98 Billion USD in 2024, from 4.2 Billion USD in 2019.

Aramid Fiber is man-made high-performance fiber, with molecules that are characterized by relatively rigid polymer chains. These molecules are linked by strong hydrogen bonds that transfer mechanical stress very efficiently, making it possible to use chains of relatively low molecular weight.

Aramid fibers are a class of heat-resistant and strong synthetic fibers. They are used in aerospace and military applications, for ballistic-rated body armor fabric and ballistic composites, in bicycle tires, and as an asbestos substitute. The name is a portmanteau of "aromatic polyamide". They are fibers in which the chain molecules are highly oriented along the fiber axis, so the strength of the chemical bond can be exploited.

Scope of the Report:
As international economic situation is complicated, China's economy is developing rapidly. Global Aramid market demand will maintain steady growth. The global capacity distribution is mainly focused on the area of USA with the share of 34.64% (2016), Europe with 35.42%, and China with11.04%.
The Aramid industry has great development prospects and will remain a steady growth rate in the following few years, but in a decreasing speed. For the past five years 2012-2016, the global compound growth rate is 4.19%. We are still optimistic about the Aramid market. Aramid market is in a developing stage, no matter in developed countries or in developing countries.
The Aramid industry consumption distribution is mainly focused on USA with 32.11% (2016), Europe with 32.93% and China with 16.69%.
The worldwide market for Aramid (Aramid Fiber) is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 4980 million US$ in 2024, from 4200 million US$ in 2019, according to a new study.
This report focuses on the Aramid (Aramid Fiber) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Dupont
Teijin
JSC Kamenskvolokno
Kolon
Hyosung
Huvis
TAYHO
Bluestar
Sinopec Yizheng Chemical Fibre
Guangdong Charming
Hebei Silicon Valley Chemical
Zhaoda Specially Fiber
SRO

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Para-aramid Fibers
Meta-aramid Fibers

Market Segment by Applications, can be divided into
Body Armor & Helmet
Aerospace Materials
Sports Materials
Tire
High Strength Rope
Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aramid (Aramid Fiber) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Aramid (Aramid Fiber), with price, sales, revenue and global market share of Aramid (Aramid Fiber) in 2017 and 2018.
Chapter 3, the Aramid (Aramid Fiber) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aramid (Aramid Fiber) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Aramid (Aramid Fiber) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Aramid (Aramid Fiber) sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Spanning over 120 pages "Forecast of Global Aramid (Aramid Fiber) Market 2024" report covers Market Overview, Manufacturers Profiles, Global Aramid (Aramid Fiber) Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global Aramid (Aramid Fiber) Market Analysis by Regions, North America Aramid (Aramid Fiber) by Country, Europe Aramid (Aramid Fiber) by Country, Asia-Pacific Aramid (Aramid Fiber) by Country, South America Aramid (Aramid Fiber) by Country, Middle East and Africa Aramid (Aramid Fiber) by Countries, Global Aramid (Aramid Fiber) Market Segment by Type, Global Aramid (Aramid Fiber) Market Segment by Application, Aramid (Aramid Fiber) Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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