Market Overview:
The global aramid paper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical insulation, honeycomb core material and communication equipments applications. Meta aramid paper is expected to be the fastest growing segment during the forecast period owing to its properties such as high strength, stiffness and thermal stability. North America is expected to be the largest regional market for aramid paper during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Aramid paper is a high-strength, low-weight paper that is used in a variety of industries. It is made from aramid fibers, which are synthetic fibers that are known for their strength and durability. Aramid paper can be used in applications where weight and strength are important factors, such as aerospace engineering and construction.
Meta Aramid Paper:
Meta aramid paper is a special type of high-performance fiber paper, which has been developed to combine the properties of both polyester and glass fibers. The product is manufactured by combining various raw materials such as polyester resin, glass fiber, aluminum oxide and other additives.
The global meta aramid paper market size was valued at USD 3.5 million in 2016.
Para Aramid Paper:
Para-aramid paper is a special type of paper, which contains para-aramid synthetic fibers. These fibers are used to produce bulletproof vests and protective gloves for military and law enforcement personnel. The product also finds application in the aerospace industry for manufacturing aircraft windshields, cabin interiors, engine cowlings and panels among others.
Application Insights:
The demand for the product in the electrical insulation application is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its superior properties including high dielectric strength, low moisture absorption and high thermal resistance. The industry uses a large volume of this paper for manufacturing electrical insulation products which are used in various end-use industries such as power generation and transportation.
Aramid fibers are also used in manufacturing communication equipment such as cell phones, walkie talkies and cordless phones which will drive the global market over the forecast period due to increasing consumer spending on advanced communication devices coupled with growing demand for lightweight products with enhanced durability features. Furthermore, technological advancements coupled with rising disposable income levels will further propel industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, increasing per capita income, rising population awareness about health & safety issues and government regulations pertaining to building energy efficiency.
The demand for aramid paper in Europe is expected to grow at a moderate pace during the forecast period owing to stringent environmental regulations regarding carbon emissions from manufacturing industries coupled with growing use of electric vehicles. However, high substitution rate of metallic foils such as Al-Alloys (Aluminum) for products made from Aramid Paper due To Its High Conductivity And Light Weight Is Expected To Restrain Market Growth In This Region Over The Forecast Period (2018 - 2030).
North America accounted for more than 10% share in terms of revenue.
Growth Factors:
- Increasing demand from end-use industries such as aerospace, defense, and marine
- Growing popularity of aramid paper in composites for manufacturing lightweight and high-performance products
- Rising investment in R&D to develop new applications for aramid paper
- Increasing use of aramid paper in wind energy sector
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Aramid Paper Market Research Report
By Type
Meta Aramid Paper, Para Aramid Paper, Others
By Application
Electrical Insulation, Honeycomb Core Material, Communication Equipments
By Companies
DuPont, Tayho, Ganzhou Longbang Material Technology Co., Ltd., SRO, X-FIPER New Material Co., Ltd, Zhuzhou Times New Material Technology Co., Ltd. (TMT)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Aramid Paper Market Report Segments:
The global Aramid Paper market is segmented on the basis of:
Types
Meta Aramid Paper, Para Aramid Paper, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical Insulation, Honeycomb Core Material, Communication Equipments
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Tayho
- Ganzhou Longbang Material Technology Co., Ltd.
- SRO
- X-FIPER New Material Co., Ltd
- Zhuzhou Times New Material Technology Co., Ltd. (TMT)
Highlights of The Aramid Paper Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Meta Aramid Paper
- Para Aramid Paper
- Others
- By Application:
- Electrical Insulation
- Honeycomb Core Material
- Communication Equipments
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aramid Paper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aramid paper is a type of paper that is made from a synthetic fiber. Aramid fibers are strong and lightweight, which makes it ideal for use in products that need to be durable but light.
Some of the major players in the aramid paper market are DuPont, Tayho, Ganzhou Longbang Material Technology Co., Ltd., SRO, X-FIPER New Material Co., Ltd, Zhuzhou Times New Material Technology Co., Ltd. (TMT).
The aramid paper market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aramid Paper Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aramid Paper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aramid Paper Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aramid Paper Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aramid Paper Market Size & Forecast, 2020-2028
4.5.1 Aramid Paper Market Size and Y-o-Y Growth
4.5.2 Aramid Paper Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Meta Aramid Paper
5.2.2 Para Aramid Paper
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electrical Insulation
6.2.2 Honeycomb Core Material
6.2.3 Communication Equipments
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aramid Paper Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aramid Paper Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Meta Aramid Paper
9.6.2 Para Aramid Paper
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electrical Insulation
9.10.2 Honeycomb Core Material
9.10.3 Communication Equipments
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Meta Aramid Paper
10.6.2 Para Aramid Paper
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electrical Insulation
10.10.2 Honeycomb Core Material
10.10.3 Communication Equipments
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Meta Aramid Paper
11.6.2 Para Aramid Paper
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electrical Insulation
11.10.2 Honeycomb Core Material
11.10.3 Communication Equipments
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Meta Aramid Paper
12.6.2 Para Aramid Paper
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electrical Insulation
12.10.2 Honeycomb Core Material
12.10.3 Communication Equipments
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Meta Aramid Paper
13.6.2 Para Aramid Paper
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electrical Insulation
13.10.2 Honeycomb Core Material
13.10.3 Communication Equipments
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aramid Paper Market: Competitive Dashboard
14.2 Global Aramid Paper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Tayho
14.3.3 Ganzhou Longbang Material Technology Co., Ltd.
14.3.4 SRO
14.3.5 X-FIPER New Material Co., Ltd
14.3.6 Zhuzhou Times New Material Technology Co., Ltd. (TMT)
