Market Overview:
The global high-performance para-aramid fiber and its composite materials market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for high-performance para-aramid fiber and its composite materials from various end use industries such as aerospace, rail transit, new energy, electrical equipment, military protection, optical fiber enhancement automotive industry and sports goods. On the basis of type, the global high performance para aramid fiber market has been segmented into filament yarns (FY), staple fibers (SF), pulp (P) and powder (POW). Of these segments, filament yarns are expected to account for a major share of the global market over the forecast period. This can be attributed to their superior properties including tensile strength & modulus; thermal stability; chemical resistance; flame retardancy; low smoke generation & toxicity levels that make them suitable for use in critical applications across various industries. Based on application area, aerospace is expected to account for a leading share of the global high performance para aramid fiber composites market over 2018–2030 owing to stringent safety regulations mandating usage of advanced composites in aircraft structures which offer improved weight savings & fuel efficiency as well as enhanced durability against impact damage when compared with traditional metals used in aircraft construction.
Product Definition:
A high-performance para-aramid fiber is a synthetic fiber that is extremely strong, heat resistant, and durable. It is often used in composite materials to create products that are lightweight and able to withstand extreme conditions.
Filament:
Filament, it's usage and growth factor in High-performance Para-aramid Fiber and Its Composite Materials market is expected to witness significant growth over the forecast period. The para-aramid fiber or aramid fiber is a type of synthetic fiber made from carbon nanotubes that are coated with an amorphous polymer called as polyamide. The coatings protect the core structure of the fiber which consists of many tiny tubes filled with carbon dioxide gas.
Staple Fiber:
Staple fiber is a high strength, lightweight fiber that can be used to reinforce composite materials. It has superior chemical and mechanical properties which make it suitable for use in the manufacturing of para-aramid fibers and their composites. The global market for staple fiber is expected to witness significant growth over the forecast period owing to its increasing demand in the production of aramid composites.
Application Insights:
Aerospace was the dominant application segment and accounted for over 40% of global demand in 2016. para-aramid fibers are used as a replacement to asbestos in aircraft manufacturing, owing to its superior properties such as lightweight, high strength and excellent thermal insulation. The product is expected to replace a large part of the existing composite materials that are being used in aerospace applications.
The product has several potential uses in military protection applications including body armor kits for soldiers where it can be used along with steel wool and ceramic tiles for added ballistic resistance. It is also expected to find extensive usage as protective clothing against chemical & biological agents at civilian sites on account of its excellent chemical resistance properties which have led researchers from Israel National Polytechnic Institute (INPI) develop new types of masks & suits made using aramid fiber composites during 2014 - 2015 academic year.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of para-aramid fiber manufacturers and suppliers. The region is expected to witness moderate growth over the forecast period, which can be attributed to growing demand for high-performance fibers from various end-use industries such as aerospace, automotive, electrical & electronics and others.
The U.S., being one of the largest producers of corn has been witnessing an increasing demand for high performance para aramid filaments since last few years due to their use in producing carbon composites used in making aircraft bodies parts and other components that require maximum strength with minimum weight as well as resistance against climatic conditions such as heat or coldness etc. This factor is also expected to drive regional product demand over next eight years or so.
Asia Pacific is anticipated to register significant growth during the forecast period on account of rapid industrialization coupled with rising per capita income especially in developing countries like China, India.
Growth Factors:
- Increasing demand for high-performance para-aramid fiber and its composite materials from various end-use industries, such as aerospace, defense, automotive, and construction.
- Growing awareness about the benefits of using high-performance para-aramid fiber and its composite materials in various applications is expected to boost the market growth.
- Rising R&D investments by key players to develop new products is anticipated to propel the market growth over the forecast period.
- Increasing use of high performance para aramid fibers in composites for ballistic protection applications in military & defense sector is driving the market growth .
Scope Of The Report
Report Attributes
Report Details
Report Title
High-performance Para-aramid Fiber and Its Composite Materials Market Research Report
By Type
Filament, Staple Fiber, Pulp, powder
By Application
Aerospace, Rail Transit, New Energy, Electrical Equipment, Military Protection, Optical Fiber Enhancement, Automotive Industry, Sports Goods
By Companies
Teijin Aramid, DuPont, JSC Kamenskvolokno, Kolon Industries, Yantai Spandex, Zhaoda Special Fiber Technology Co Ltd, Hebei Silicon Valley Chemical Co Ltd, Zhonglan Chenguang, Yizheng Chemical Fibre, China Pingmei Shenma Group
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global High-performance Para-aramid Fiber and Its Composite Materials Market Report Segments:
The global High-performance Para-aramid Fiber and Its Composite Materials market is segmented on the basis of:
Types
Filament, Staple Fiber, Pulp, powder
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
Aerospace, Rail Transit, New Energy, Electrical Equipment, Military Protection, Optical Fiber Enhancement, Automotive Industry, Sports Goods
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:
- Teijin Aramid
- DuPont
- JSC Kamenskvolokno
- Kolon Industries
- Yantai Spandex
- Zhaoda Special Fiber Technology Co Ltd
- Hebei Silicon Valley Chemical Co Ltd
- Zhonglan Chenguang
- Yizheng Chemical Fibre
- China Pingmei Shenma Group
Highlights of The High-performance Para-aramid Fiber and Its Composite Materials 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:
- Filament
- Staple Fiber
- Pulp
- powder
- By Application:
- Aerospace
- Rail Transit
- New Energy
- Electrical Equipment
- Military Protection
- Optical Fiber Enhancement
- Automotive Industry
- Sports Goods
- 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 High-performance Para-aramid Fiber and Its Composite Materials 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?
High-performance para-aramid fiber is a type of fiber made from a mixture of aramid and other materials. It has high strength, stiffness, and resilience properties. Composite materials made from high-performance para-aramid fibers are often used in applications that require these qualities, such as aircrafts and ballistic armor.
Some of the key players operating in the high-performance para-aramid fiber and its composite materials market are Teijin Aramid, DuPont, JSC Kamenskvolokno, Kolon Industries, Yantai Spandex, Zhaoda Special Fiber Technology Co Ltd, Hebei Silicon Valley Chemical Co Ltd, Zhonglan Chenguang, Yizheng Chemical Fibre, China Pingmei Shenma Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size & Forecast, 2018-2028
4.5.1 High-performance Para-aramid Fiber and Its Composite Materials Market Size and Y-o-Y Growth
4.5.2 High-performance Para-aramid Fiber and Its Composite Materials Market Absolute $ Opportunity
Chapter 5 Global High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Type
5.2.1 Filament
5.2.2 Staple Fiber
5.2.3 Pulp
5.2.4 powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Rail Transit
6.2.3 New Energy
6.2.4 Electrical Equipment
6.2.5 Military Protection
6.2.6 Optical Fiber Enhancement
6.2.7 Automotive Industry
6.2.8 Sports Goods
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Analysis and Forecast
9.1 Introduction
9.2 North America High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Type
9.6.1 Filament
9.6.2 Staple Fiber
9.6.3 Pulp
9.6.4 powder
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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Rail Transit
9.10.3 New Energy
9.10.4 Electrical Equipment
9.10.5 Military Protection
9.10.6 Optical Fiber Enhancement
9.10.7 Automotive Industry
9.10.8 Sports Goods
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 High-performance Para-aramid Fiber and Its Composite Materials Analysis and Forecast
10.1 Introduction
10.2 Europe High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Type
10.6.1 Filament
10.6.2 Staple Fiber
10.6.3 Pulp
10.6.4 powder
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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Rail Transit
10.10.3 New Energy
10.10.4 Electrical Equipment
10.10.5 Military Protection
10.10.6 Optical Fiber Enhancement
10.10.7 Automotive Industry
10.10.8 Sports Goods
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 High-performance Para-aramid Fiber and Its Composite Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Type
11.6.1 Filament
11.6.2 Staple Fiber
11.6.3 Pulp
11.6.4 powder
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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Rail Transit
11.10.3 New Energy
11.10.4 Electrical Equipment
11.10.5 Military Protection
11.10.6 Optical Fiber Enhancement
11.10.7 Automotive Industry
11.10.8 Sports Goods
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 High-performance Para-aramid Fiber and Its Composite Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America High-performance Para-aramid Fiber and Its Composite Materials 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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Type
12.6.1 Filament
12.6.2 Staple Fiber
12.6.3 Pulp
12.6.4 powder
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 High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Rail Transit
12.10.3 New Energy
12.10.4 Electrical Equipment
12.10.5 Military Protection
12.10.6 Optical Fiber Enhancement
12.10.7 Automotive Industry
12.10.8 Sports Goods
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) High-performance Para-aramid Fiber and Its Composite Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High-performance Para-aramid Fiber and Its Composite Materials 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) High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Type
13.6.1 Filament
13.6.2 Staple Fiber
13.6.3 Pulp
13.6.4 powder
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) High-performance Para-aramid Fiber and Its Composite Materials Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Rail Transit
13.10.3 New Energy
13.10.4 Electrical Equipment
13.10.5 Military Protection
13.10.6 Optical Fiber Enhancement
13.10.7 Automotive Industry
13.10.8 Sports Goods
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 High-performance Para-aramid Fiber and Its Composite Materials Market: Competitive Dashboard
14.2 Global High-performance Para-aramid Fiber and Its Composite Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teijin Aramid
14.3.2 DuPont
14.3.3 JSC Kamenskvolokno
14.3.4 Kolon Industries
14.3.5 Yantai Spandex
14.3.6 Zhaoda Special Fiber Technology Co Ltd
14.3.7 Hebei Silicon Valley Chemical Co Ltd
14.3.8 Zhonglan Chenguang
14.3.9 Yizheng Chemical Fibre
14.3.10 China Pingmei Shenma Group
