Para-Aramid fibers are widely used in field of electronic manufacturing due to its heat resistance ability. These fibers are also exhibit commendable strength. Para-aramid fibers have various features including high strength to weight ratio, excellent ballistic properties, chemical resistance, heat resistance etc.
Increase in demand for para aramid in various industries such as healthcare, oil and gas, manufacturing, and others is the key driving factor which is expected to boost the global para-aramid market growth. Furthermore, rise in use of para-aramid fiber for composites in military vehicles, and aircrafts which is expected to propel the market growth during this forecast period. Moreover, rise in onshore and offshore drilling activities with thriving shale oil and gas industry will drive the market growth.
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However, availability of other alternatives with better properties is the major restraining factor which is expected to hinder the global para-aramid market growth.
Market Key Players
Various key players are discussed in this report such as DowDuPont , Teijin Aramid , JSC Kamenskvolokno , Hyosung, Toray Chemical Korea Inc, SRO Aramid Co. Ltd, Kolon Industries Inc, FIPER New Material Co. , and Huvis Corporation
- Para-Aramid Filament
- Para-Aramid Staple Fiber
- Para-Aramid Shortcut
- Para-Aramid Pulp
- Rubber Reinforcement
- Security Protection
- Optical Fibers Reinforcements
- Frictional & Sealing Materials
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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