Market Research Insights

  San Francisco, 23 Nov 2023:  The Report  Aramid Fiber Market  Size, Share & Trends Analysis Report By Product, By Application (Security & Protection, Frictional Materials, Rubber Reinforcement, Optical Fibers), By Region, And Segment Forecasts, 2023 - 2030 The global aramid fiber market size is expected to reach USD 6.98 billion by 2030, registering a CAGR of 7.8% over the forecast years, as per a new report by Grand View Research Inc. Superior properties, such as strength and heat-resistance, of aramid fiber have promoted its utilization in the production of body armor fabric. The growing need for security and protection across various industries, such as mining, healthcare/medical, oil & gas, building & construction, and military, is projected to propel the market growth. In addition, stringent regulations in developing economies related to occupational safety are likely to benefit the market growth over the forecast period. Aramid ...

San Francisco, 18 October 2019:   The Report   Aramid Fiber Market   Size, Share & Trends Analysis Report By Product (Para-aramid, Meta-aramid), By Application (Security & Protection, Frictional Materials, Optical Fibers), By Region, And Segment Forecasts, 2019 – 2025 The global aramid fiber market size is expected to reach USD 5.7 billion by 2025 ascending at a CAGR of 8.3% over the forecast period according to a new report by Grand View Research, Inc. Exceptional strength to weight ratio offered by the material in a broad spectrum of applications including rubber enforcement and frictional materials is projected to drive the market growth. The product properties including high tensile strength and modulus behavior are enhancing its penetration in various applications. Ballistic protection, hose reinforcement, wire & cables, protective gloves, and race cars are among the popular application areas of the product. In addition, rising global defe...

San Francisco, 1 March 2019: The Report Aramid Fiber Market Size Share & Trends Analysis Report By Product (Para-aramid, Meta-aramid), By Application (Security & Protection, Frictional Materials, Optical Fibers), And Segment Forecasts 2018 – 2025 The global Aramid Fiber Market size is expected to reach USD 5.90 billion by 2025, according to a new study by Grand View Research, Inc., registering a CAGR of 8.2% during the forecast period. Growing demand for protective clothing in various end-use industries such as construction, manufacturing, and oil and gas, as well as law enforcement, military, and firefighting is expected to drive the overall market over the forecast period. Aramid fibers are synthetic high-performance fibers with molecules that are described by rigid polymer chains. These molecules are connected by hydrogen bonds, which transfer mechanical stress easily and efficiently. Aramid fibers are distinguished from other synthetic fibers by various characteristics ...