Market Overview:
The global meta aramid fiber 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 high-performance materials from various end-use industries, such as aerospace, automotive, and electrical insulation. In addition, the growing awareness about safety and security among consumers is also propelling the demand for meta aramid fibers globally. Based on type, staple fiber accounted for a major share of the global meta aramid fiber market in 2017. This can be attributed to its low cost and easy handling properties as compared to filament yarns. However, filament yarns are expected to witness higher growth during the forecast period owing to their superior properties such as strength and thermal stability. Based on application, aerospace held a dominant share of the global meta aramid fiber market in 2017 due its stringent requirements pertaining thermal stability.
Product Definition:
Meta Aramid fiber is a high performance synthetic fiber that has excellent strength, toughness and heat resistance. It is commonly used in the manufacture of ballistic armor and other safety gear.
Staple Fiber:
Staple fiber is the most important raw material in the production of meta aramid fiber. It is a long, strong, and straight type of fiber which can be obtained from both natural sources and synthetic sources. The staple fibers are used to produce various high-performance products such as para-aramid product (PAF), ultra-high molecular weight polyethylene (UHMWPE), carbon nanotube/polyamide composites, etc.
Filament:
Filament is the core component of meta aramid fiber. It is a cylindrical section of fiber that can be used to make rope, cable, or string.
Application Insights:
Aerospace was the dominant application segment and accounted for a revenue share of more than 40% in 2017. The product is used as an alternative to glass fiber reinforced composites in aircraft manufacturing on account of its lower cost and weight reduction potential. In addition, it also has better mechanical properties, higher strength-to-weight ratio, improved impact resistance and greater durability when compared to glass fiber composites. These favorable attributes are expected to drive the demand over the forecast period.
The fire suit application segment is anticipated to witness significant growth over the forecast period owing to increasing demand from various end-use industries such as oil & gas, construction materials among others which require high thermal resistivity products for protection against heat or flame hazard during accidents or fires at workplace respectively.
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 increasing demand from end-use industries such as automotive, aerospace & defense, construction, electrical & electronics and others. In addition, rising population coupled with rapid urbanization has led to an increase in consumer spending on luxury vehicles including cars and two-wheelers which will further drive product demand.
The Middle East & Africa is anticipated to witness significant growth over the forecast period owing to increasing government investments in infrastructure development projects along with growing oil revenues that are being recycled back into foreign investments for building hotels and other commercial spaces such as malls. These factors are expected to drive aramid fiber demand within this region over the next eight years.
Growth Factors:
- Increasing demand for Meta Aramid Fiber in the aerospace and defense sector due to its excellent heat and flame resistance properties.
- Growing demand for Meta Aramid Fiber from the automotive industry as a result of its superior thermal insulation properties.
- Rising use of Meta Aramid Fiber in electrical equipment owing to its high dielectric strength and low flammability characteristics.
- Increasing application of Meta Aramid Fiber in construction industry due to its superior insulation properties against fire, heat, and sound waves.
Scope Of The Report
Report Attributes
Report Details
Report Title
Meta Aramid Fiber Market Research Report
By Type
Staple Fiber, Filament, Other
By Application
Aerospace, Fire Suit, Industrial Temperature Resistant Materials, Car Hose, Electrical Insulation, Other
By Companies
Dupont, Teijin, JSC Kamenskvolokno, Kolon, Hyosung, Huvis, TAYHO, Bluestar, Sinopec Yizheng Chemical Fibre, Guangdong Charming, Hebei Silicon Valley Chemical, Zhaoda Specially Fiber, SRO
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Meta Aramid Fiber Market Report Segments:
The global Meta Aramid Fiber market is segmented on the basis of:
Types
Staple Fiber, Filament, Other
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, Fire Suit, Industrial Temperature Resistant Materials, Car Hose, Electrical Insulation, Other
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
- Teijin
- JSC Kamenskvolokno
- Kolon
- Hyosung
- Huvis
- TAYHO
- Bluestar
- Sinopec Yizheng Chemical Fibre
- Guangdong Charming
- Hebei Silicon Valley Chemical
- Zhaoda Specially Fiber
- SRO
Highlights of The Meta Aramid Fiber 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:
- Staple Fiber
- Filament
- Other
- By Application:
- Aerospace
- Fire Suit
- Industrial Temperature Resistant Materials
- Car Hose
- Electrical Insulation
- Other
- 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 Meta Aramid Fiber 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?
Meta Aramid Fiber is a type of fiber made from the Kasabian plant. It is a very strong and durable fiber that can be used in many different applications, including clothing and construction.
Some of the major companies in the meta aramid fiber market are Dupont, Teijin, JSC Kamenskvolokno, Kolon, Hyosung, Huvis, TAYHO, Bluestar, Sinopec Yizheng Chemical Fibre, Guangdong Charming, Hebei Silicon Valley Chemical, Zhaoda Specially Fiber, SRO.
The meta aramid fiber market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Meta Aramid Fiber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Meta Aramid Fiber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Meta Aramid Fiber Market - Supply Chain
4.5. Global Meta Aramid Fiber Market Forecast
4.5.1. Meta Aramid Fiber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Meta Aramid Fiber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Meta Aramid Fiber Market Absolute $ Opportunity
5. Global Meta Aramid Fiber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Meta Aramid Fiber Market Size and Volume Forecast by Type
5.3.1. Staple Fiber
5.3.2. Filament
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Meta Aramid Fiber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Meta Aramid Fiber Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Fire Suit
6.3.3. Industrial Temperature Resistant Materials
6.3.4. Car Hose
6.3.5. Electrical Insulation
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Meta Aramid Fiber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Meta Aramid Fiber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Meta Aramid Fiber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Meta Aramid Fiber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Meta Aramid Fiber Demand Share Forecast, 2019-2026
9. North America Meta Aramid Fiber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Meta Aramid Fiber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Meta Aramid Fiber Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Fire Suit
9.4.3. Industrial Temperature Resistant Materials
9.4.4. Car Hose
9.4.5. Electrical Insulation
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Meta Aramid Fiber Market Size and Volume Forecast by Type
9.7.1. Staple Fiber
9.7.2. Filament
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Meta Aramid Fiber Demand Share Forecast, 2019-2026
10. Latin America Meta Aramid Fiber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Meta Aramid Fiber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Meta Aramid Fiber Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Fire Suit
10.4.3. Industrial Temperature Resistant Materials
10.4.4. Car Hose
10.4.5. Electrical Insulation
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Meta Aramid Fiber Market Size and Volume Forecast by Type
10.7.1. Staple Fiber
10.7.2. Filament
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Meta Aramid Fiber Demand Share Forecast, 2019-2026
11. Europe Meta Aramid Fiber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Meta Aramid Fiber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Meta Aramid Fiber Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Fire Suit
11.4.3. Industrial Temperature Resistant Materials
11.4.4. Car Hose
11.4.5. Electrical Insulation
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Meta Aramid Fiber Market Size and Volume Forecast by Type
11.7.1. Staple Fiber
11.7.2. Filament
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Meta Aramid Fiber Demand Share, 2019-2026
12. Asia Pacific Meta Aramid Fiber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Meta Aramid Fiber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Meta Aramid Fiber Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Fire Suit
12.4.3. Industrial Temperature Resistant Materials
12.4.4. Car Hose
12.4.5. Electrical Insulation
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Meta Aramid Fiber Market Size and Volume Forecast by Type
12.7.1. Staple Fiber
12.7.2. Filament
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Meta Aramid Fiber Demand Share, 2019-2026
13. Middle East & Africa Meta Aramid Fiber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Meta Aramid Fiber Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Meta Aramid Fiber Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Fire Suit
13.4.3. Industrial Temperature Resistant Materials
13.4.4. Car Hose
13.4.5. Electrical Insulation
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Meta Aramid Fiber Market Size and Volume Forecast by Type
13.7.1. Staple Fiber
13.7.2. Filament
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Meta Aramid Fiber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Meta Aramid Fiber Market: Market Share Analysis
14.2. Meta Aramid Fiber Distributors and Customers
14.3. Meta Aramid Fiber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dupont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Teijin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JSC Kamenskvolokno
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kolon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hyosung
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huvis
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TAYHO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bluestar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sinopec Yizheng Chemical Fibre
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Guangdong Charming
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hebei Silicon Valley Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhaoda Specially Fiber
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SRO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook