Nov 11, 2020   SOURCE: BusinessWire

Aramid Fiber Market Size by End-user and by Geography - Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2024

The aramid fiber market is expected to grow by USD 1.55 billion, progressing at a CAGR of over 4% during the forecast period.

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Technavio has announced its latest market research report titled Global Aramid Fiber Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Aramid Fiber Market 2020-2024 (Graphic: Business Wire)

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The increasing demand from emerging economies is one of the major factors propelling market growth. However, factors such as slower adoption in emerging applications will hamper the market growth.

More details: https://www.technavio.com/report/aramid-fiber-market-industry-analysis

Aramid Fiber Market: Geographic Landscape

Europe will offer several growth opportunities to market vendors during the forecast period. The increasing investment in the defense industry will significantly influence the aramid fiber market's growth in this region. 32% of the market’s growth will originate from Europe during the forecast period. Germany and UK are the key markets for aramid fiber market in Europe.

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Companies Covered:

  • Aramid Hpm LLC
  • Beaver Manufacturing Co.
  • DuPont de Nemours Inc.
  • Hyosung Corp.
  • KERMEL
  • Kolon Industries Inc.
  • Teijin Ltd.
  • Toray Industries Inc.
  • Yantai Tayho Advanced Materials Co. Ltd.
  • YF International BV

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Customer Landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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