12 Jun 2019 San Francisco; 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 such as low flammability, good resistance to organic solvents, high strength, good resistance to abrasion, non-conductivity, no melting point, and good fabric integrity at elevated temperatures.
Aramid fibers find wide-scale application in security and protection, frictional materials, rubber reinforcement, and optical fibers. Over 30% of aramid fiber produced is used for security and protection applications in various industries such as law enforcement and military, oil and gas, pharmaceuticals, building and construction, and firefighting.
Para-aramid fiber is projected to play a key role in market growth over the forecast period owing to its advantageous properties such as high strength and rigid molecular structure, which drive its utilization in security and protection application. Rising demand for protective headgear, safety goggles, protective footwear, earplugs, gloves, safety harnesses, and others is anticipated to propel product demand over the forecast period.
To request a sample copy or view summary of this report, click the link below:
www.grandviewresearch.com/industry-analysis/aramid-fiber-market
Further key findings from the repot suggest:
Grand View Research has segmented the global aramid fiber market on the basis of product, application, and region:
Aramid Fiber Products Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
Aramid Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)