Aramid Fiber Market to Reach 4830 Million USD by the End of 2025
The global Aramid Fiber market is valued at 3390 million USD in 2017 and is expected to reach 4830 million USD by the end of 2025, growing at a CAGR of 4.5% between 2018 and 2025.
City of Industry, CA -- (SBWire) -- 07/03/2018 --This report studies the global Aramid Fiber industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
Aramids (Aramid Fiber) are a family of nylons, which are contraction of aromatic and polyamide. It 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. An aramid is a polyamide where at least 85% of the amide bonds are attached to aromatic rings.
Request Sample Copy of the Report @ https://www.qyresearch.com/sample-form/form/534851/global-aramid-fiber-industry-research-china-market
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 global Aramid Fiber market is valued at 3390 million USD in 2017 and is expected to reach 4830 million USD by the end of 2025, growing at a CAGR of 4.5% between 2018 and 2025.
Ask for Discount on Research Report@ https://www.qyresearch.com/request-discount/form/534851/global-aramid-fiber-industry-research-china-market
This research report categorizes the China and global Aramid Fiber market by type, end-use industry, and region.
International Manufacturers Covered
Dupont
Teijin
JSC Kamenskvolokno
Kolon
Hyosung
Huvis
...
China Local Manufacturers Covered
TAYHO
Bluestar
Sinopec Yizheng Chemical Fibre
Guangdong Charming
Hebei Silicon Valley Chemical
Zhaoda Specially Fiber
SRO
...
By Type
Para-aramid fibers
Meta-aramid fibers
By Application
Body Armor & Helmet
Aerospace Materials
Sports Materials
Tire
High Strength Rope
Others
By Region
United States
Europe
Japan
About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
Media Relations Contact
Rahul Singh
Director - Digital Marketing
QY Research, INC.
1-626-295-2442
https://www.qyresearch.com
View this press release online at: http://rwire.com/1005861