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Aramid Fiber Market 2020-2027; In-depth Analysis by Leading Players: DuPont de Nemours, Inc., Huvis Corp, Hyosung Corp., Kermel, Kolon Industries Inc.

02-05-2020 10:27 AM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Aramid Fiber Market to 2027

Aramid Fiber Market to 2027

The Global Aramid Fiber Market growth over the past decade has been nothing short of invigorating. The report states that the key players and manufacturers mentioned operating in this market have launched innovative products to meet an ever-growing demand for Aramid Fiber Market.

The existing and new players have expanded rapidly into the burgeoning consuming markets of the developing world. In order to make this possible and profitable, the report further adds that these players have an intensely built global scale along every part of the value chain. These strategies, along with the increased margins and weighting of portfolios towards fast-growing strategies, have provided stellar investment returns.

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Major Company Profiles Covered in This Report:
1.China National Bluestar (Group) Co., Ltd.
2.DuPont de Nemours, Inc..
3.Huvis Corp
4.Hyosung Corp.
5.Kermel
6.Kolon Industries Inc.
7.Sro Aramid (Jiangsu) Co. Ltd.
8.Teijin Ltd.
9.Toray Industries Inc.
10.Yantai Tayho Advanced Materials Co.

MARKET SEGMENTATION

o By Type - Para-Aramid Fiber , Meta-Aramid Fiber
o By Applications - Security and Protection , Frictional Materials , Industrial Filtration , Optical Fibers , Rubber Reinforcement , Tire Reinforcement , Electrical Insulation , Others

The aramid fiber market is assumed to grow in the forecast due to the rising demand for lightweight materials in the security and protection application. The growing necessity for lightweight materials that offer significant emission reduction in vehicles and the use of aramid fiber as a substitute for asbestos and steel is likely to boost the aramid fiber market. However, the high cost involved in the research and development of aramid fiber might restrict the growth of the aramid fiber market.

Aramid fiber is a long-chain synthetic polyamide that consists of approximately 85% of amide linkages attached directly to two aromatic rings. The alignment of the bonds along the fiber axis is responsible for high flexibility and strength of the fiber. The short bonding between relatively short molecules also contributes to the high strength of the fiber and also provides excellent chemical as well as physical properties at high temperatures.

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Aramid is highly resistant to organic solvents and has superior resistance to low flammability and heat. The aramid fiber is extensively used in the security and protection application, and the growing demand of this application is going to contribute to the expansion and rise of the aramid fiber all around the globe.

Some of the major objectives of this report:
1) To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Aramid Fiber Market.
2. To provide insights about factors affecting the market growth. To analyze the Aramid Fiber Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
3. To provide historical and forecast revenue of the Aramid Fiber Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
4. Country level analysis of the market with respect to the current market size and future prospective.
5. To provide country level analysis of the market for segment by application, product type and sub-segments.
6. To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
7. Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Aramid Fiber Market.

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Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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