Aramid Fiber Market- Global Industry Analysis and Forecast 2015-2023

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Aramid Fiber Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2023

Published Date

28-May-2015

157 Page Report

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Aramid Fiber Market is Expected to Reach US$ 5,099.1 Mn by

2023 :TMR

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Aramid Fiber Market

REPORT DESCRIPTION

Aramid Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Transparency Market Research has released a new market report titled “Aramid Fiber Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global aramid

fiber market was valued at US$ 2,598.2 Mn in 2014 and is anticipated to reach US$ 5,099.1 Mn by 2023,

expanding at a CAGR of 7.8% from 2015 to 2023.

Browse the full Aramid Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 – 2023 report at : http://www.transparencymarketresearch.com/aramid-fiber-market.html

Aramid fiber is a synthetic polymer prepared by the reaction between carboxylic acid halide group and amine

group. Aramid fiber is used extensively in industrial applications. This fiber is widely used in the manufacture of

protective clothing, body armor, automotive components, and electrical components. Considering the broad

range of industrial applications of aramid fiber, several prominent companies across the world engage in the

manufacture of para-aramid fiber and meta-aramid fiber. Rising demand for industrial protective clothing and

growth in the global automotive market is estimated to drive the global aramid fiber market during the forecast

period.

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Para-aramid fiber was the largest product segment of the aramid...