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

Transparency Market
Research
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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Press Release

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...