Aramid Fiber Market Analysis Europe, North America, APAC, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 169 SKU: IRTNTR43736

Aramid Fiber Market Forecast 2023-2027

The aramid fiber market size is estimated to grow by USD 1.19 billion at a CAGR of 3.85% between 2022 and 2027. The increasing demand from emerging economies, driven by factors such as population growth, urbanization, and rising disposable incomes, is driving market growth by increasing the demand for a wide range of products and services. The miniaturization of electronic components, driven by advancements in technology and the need for smaller, more efficient devices, is also boosting market expansion by enabling the development of smaller and more powerful electronic devices. Additionally, the increased demand for fuel-efficient automobiles, driven by environmental concerns and government regulations, is driving market growth by increasing the adoption of fuel-efficient vehicles.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Market During the Forecast Period?

To learn more about this report, View Report Sample

Market Segmentation

This market report extensively covers market segmentation by product (para-aramid and meta-aramid), end-user (automotive, aerospace and defense, electrical and electronics, and others), and geography (Europe, North America, APAC, South America, and Middle East and Africa).

By Product

The market share growth by the para-aramid segment will be significant during the forecast period. The para-aramid product category, which also contributed the most to revenues in 2022, dominated the market. The excellent strength-to-weight ratio and high tensile strength and modulus behavior are anticipated to favor the segment growth during the forecast period.

Get a glance at the market contribution of various segments View the PDF Sample

The para-aramid segment was valued at USD 3.96 billion in 2017. Low elongation to break, good chemical resistance, good heat and flame resistance, and ballistic properties are among the features of the product that are expected to boost demand. Its use is also expected to grow in a number of applications, including frictional materials, aerospace, security, and protection, due to its high cut resistance and excellent chemical resistance. As a result of stringent government regulations regarding workplace safety, an increase in product demand from a number of industries, including oil and gas, healthcare, manufacturing, and others, is anticipated to fuel the market growth. Hence, such factors will boost the market segment growth during the forecast period.

By Region

For more insights on the market share of various regions Download PDF Sample now!

Europe is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The main end-user markets for aramid fiber, including those in the automotive, aerospace, and defense industries, are offering the aramid fiber market in Europe significant growth opportunities. In Europe, both the market for commercial and defense aircraft is experiencing an increase in orders. The region is witnessing an increase in the production of commercial aircraft due to the presence of notable aircraft manufacturers like Airbus. Additionally, as defense budgets rise, so does the demand for military aircraft. The demand for aramid fibers from the aerospace and defense sector in Europe is likely to be driven by this demand and the ensuing rise in production. This is anticipated to boost the growth of the aramid fiber market of the region during the forecast period.

Market Dynamics and Customer Landscape

Aramid fibers are a class of heat-resistant and strong synthetic fibers known for their exceptional strength-to-weight ratio. They are divided into two main types: para-aramid and meta-aramid, each offering unique properties suitable for various applications. Additionally, aramid fibers play a crucial role in reducing pollution, especially in the healthcare and oil and gas manufacturing sectors, where worker safety is paramount. Despite their non-biodegradable nature, aramid fibers are indispensable in industries such as homeland security, defense, and medical businesses. They are also used in material handling equipment, wagon tipplers, and belt conveyor systems, highlighting their versatility and importance in various industries. In the future, advancements in artificial molecules and composites could further expand the application of aramid fibers in industries like aviation, sports goods, and military vehicles. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The miniaturization of electronic components is notably driving market growth. The development of semiconductors and the shift to integrated circuits in recent years have pushed manufacturers to create smaller electro-mechanical components. The need for the miniaturization of electronic components is being driven by developments in the military and aerospace industries, the growing use of small drones, and the increasing popularity of portable electronic devices like smartphones. The primary factor driving the miniaturization of electronic components is the shift in emphasis of aircraft and automotive manufacturers toward improving the performance of aircraft and vehicles and lowering the overall weight. This trend is supported by the use of lightweight materials and their applications in security and protection, although challenges such as raw material costs and considerations regarding worker safety persist. The non-biodegradable nature of materials used in electronic components also impacts sectors such as the military and aerospace, where homeland security and defense spending play significant roles."

Additionally, the use of various electronic systems and components in domestic and commercial applications is promoting the miniaturization of electronic components. Sectors like aerospace that needed smaller and lighter components prompted the need for the miniaturization of electronic components. This boosts the demand for advanced materials, like aramid fibers, in the manufacturing of optoelectronics because of the superior optical and mechanical properties exhibited by aramid fibers, while also increasing functionality at a lower material cost. Hence, these factors are expected to drive the growth of the global market during the forecast period.

Significant Market Trends

Increasing demand for aramid fibers from the consumer electronics industry is an emerging trend in the market. Consumer electronics companies use aramid fibers for a variety of optical applications. Mobile phones, LCD screens, projectors, wearable electronics, gasket optics, lighting, and rollers are a few of the many applications for which they may provide potential solutions. The rapid increase in the urban population, the rise in disposable income, the robust supply chain, and the widespread use of the Internet all contribute to the expansion of the global consumer electronics market.

The demand for aramid fibers has increased in response to the rising popularity of consumer electronics. PVA films are primarily produced and used in consumer electronics products in the APAC region. India's electronic products and systems market is expected to generate the most revenue among the APAC region's emerging economies during the forecast period. To increase manufacturing capacity, the governments of many developing nations also offer some exemptions from certain taxes. Therefore, the demand for aramid fibers used in the production of consumer electronic products is expected to increase during the forecast period.

Major Market Challenge

High cost of development and quality maintenance are major challenges impeding market growth. Due to the high standards for quality, materials, and performance set by the end-user industries, aramid fiber manufacturers are required to invest a significant amount in the development of aramid fiber products used in security and protective applications. Additionally, to remain competitive, aramid fiber producers must maintain the quality of their goods, which is predicted to raise their cost of quality. For instance, aramid fibers require special equipment to cut and grind for further applications. They also need special quality assurance checks because UV light can cause them to degrade.

The security and protection sector has undoubtedly begun to replace more expensive alternatives, which is motivating aramid fiber producers to increase their R&D spending to set their products apart from those of their rivals. Additionally, end users in the automotive, aerospace, and defense industries need products that will meet their specifications. As a result, the market players are threatened by the high production and inventory maintenance costs, which are predicted to restrain the market expansion during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Aramid Fiber Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

China National Bluestar (Group) Co.Ltd. - The company produces and sells organic silicon, methionine, new chemical materials and animal nutrition products. The key offerings of the company include aramid fiber which is used as fibre reinforcement for polymer matrix composites.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Aramid HPM LLC
  • DuPont de Nemours Inc.
  • Huvis Corp.
  • Hyosung Corp.
  • Kermel
  • Kolon Industries Inc.
  • Lydall Inc.
  • Shanghai J and S New Materials Co.Ltd.
  • Shenma Industrial Co. Ltd.
  • Sinopec Shanghai Petrochemical Co. Ltd.
  • Solvay SA
  • Supermax New Materials Co. Ltd.
  • Suzhou Zhaoda Specialy Fiber Technical Co. Ltd.
  • Toray Industries Inc.
  • Toyobo Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook 
    • Para-aramid
    • Meta-aramid
  • End-user Outlook 
    • Automotive
    • Aerospace and defense
    • Electrical and electronics
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The market is experiencing significant growth driven by its heat & flame resistance and ballistic capabilities, making it ideal for protective apparel and security and protection applications. They are crucial in bucket elevators and ceramic ink applications, providing dimensional stability and heat resistance. Industries such as mining, oil & gas, and construction rely on aramid fibers for their abrasion resistance and impact resistance, while the aviation and sports goods industries benefit from their lightweight and high-performance characteristics.

The market is a crucial component in various industries such as the healthcare sector, medical business, and aerospace sector due to its high-performance fibers and thermal resistance. It is widely used in personal protective equipment, including bulletproof jackets, fire safety garments, and protective clothing, providing ballistic protection and cuts resistance in combat scenarios. Aramid fibers are also essential in the mining, oil & gas, and construction industries for their moisture absorption and abrasion resistance properties. Additionally, they are used in the aviation, sports goods, and military vehicles industries for applications like lightweight body armor and turbocharger hoses.

The market plays a vital role in various industries such as the aerospace sector, military vehicles industry, and oil & gas industry due to its high-performance properties. It is also extensively used in the fabric production industry, protective clothing industry, and bulletproof jackets industry for its strength and abrasion resistance. Aramid fibers are crucial in the mining industry and construction industry for their durability and impact resistance. Moreover, they find applications in the gas and oil industry and steel industry for their heat resistance and gas impermeability.

 Market Scope

Report Coverage

Details

Page number

169

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.85%

Market growth 2023-2027

USD 1.19 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.46

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 32%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Aramid HPM LLC, China National Bluestar (Group) Co.Ltd., DuPont de Nemours Inc., Huvis Corp., Hyosung Corp., Kermel, Kolon Industries Inc., Lydall Inc., Shanghai J and S New Materials Co.Ltd., Shenma Industrial Co. Ltd., Sinopec Shanghai Petrochemical Co. Ltd., Solvay SA, Supermax New Materials Co. Ltd., Suzhou Zhaoda Specialy Fiber Technical Co. Ltd., Toray Industries Inc., Toyobo Co. Ltd., Yantai Tayho Advanced Materials Co. Ltd., and Teijin Ltd.

Market dynamics

Parent market analysis, Market  FOrecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View the PDF sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global aramid fiber market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global aramid fiber market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Para-aramid - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Para-aramid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Para-aramid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Para-aramid - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Para-aramid - Year-over-year growth 2022-2027 (%)
    • 6.4 Meta-aramid - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Meta-aramid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Meta-aramid - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Meta-aramid - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Meta-aramid - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)
      • Exhibit 43: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.4 Aerospace and defense - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Aerospace and defense - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
    • 7.5 Electrical and electronics - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ million)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Aramid HPM LLC
              • Exhibit 119: Aramid HPM LLC - Overview
              • Exhibit 120: Aramid HPM LLC - Product / Service
              • Exhibit 121: Aramid HPM LLC - Key offerings
            • 12.4 China National Bluestar (Group) Co.Ltd.
              • Exhibit 122: China National Bluestar (Group) Co.Ltd. - Overview
              • Exhibit 123: China National Bluestar (Group) Co.Ltd. - Product / Service
              • Exhibit 124: China National Bluestar (Group) Co.Ltd. - Key offerings
            • 12.5 DuPont de Nemours Inc.
              • Exhibit 125: DuPont de Nemours Inc. - Overview
              • Exhibit 126: DuPont de Nemours Inc. - Business segments
              • Exhibit 127: DuPont de Nemours Inc. - Key news
              • Exhibit 128: DuPont de Nemours Inc. - Key offerings
              • Exhibit 129: DuPont de Nemours Inc. - Segment focus
            • 12.6 Huvis Corp.
              • Exhibit 130: Huvis Corp. - Overview
              • Exhibit 131: Huvis Corp. - Product / Service
              • Exhibit 132: Huvis Corp. - Key offerings
            • 12.7 Hyosung Corp.
              • Exhibit 133: Hyosung Corp. - Overview
              • Exhibit 134: Hyosung Corp. - Product / Service
              • Exhibit 135: Hyosung Corp. - Key news
              • Exhibit 136: Hyosung Corp. - Key offerings
            • 12.8 Kermel
              • Exhibit 137: Kermel - Overview
              • Exhibit 138: Kermel - Product / Service
              • Exhibit 139: Kermel - Key offerings
            • 12.9 Kolon Industries Inc.
              • Exhibit 140: Kolon Industries Inc. - Overview
              • Exhibit 141: Kolon Industries Inc. - Product / Service
              • Exhibit 142: Kolon Industries Inc. - Key offerings
            • 12.10 Lydall Inc.
              • Exhibit 143: Lydall Inc. - Overview
              • Exhibit 144: Lydall Inc. - Product / Service
              • Exhibit 145: Lydall Inc. - Key offerings
            • 12.11 Shanghai J and S New Materials Co.Ltd.
              • Exhibit 146: Shanghai J and S New Materials Co.Ltd. - Overview
              • Exhibit 147: Shanghai J and S New Materials Co.Ltd. - Product / Service
              • Exhibit 148: Shanghai J and S New Materials Co.Ltd. - Key offerings
            • 12.12 Sinopec Shanghai Petrochemical Co. Ltd.
              • Exhibit 149: Sinopec Shanghai Petrochemical Co. Ltd. - Overview
              • Exhibit 150: Sinopec Shanghai Petrochemical Co. Ltd. - Business segments
              • Exhibit 151: Sinopec Shanghai Petrochemical Co. Ltd. - Key news
              • Exhibit 152: Sinopec Shanghai Petrochemical Co. Ltd. - Key offerings
              • Exhibit 153: Sinopec Shanghai Petrochemical Co. Ltd. - Segment focus
            • 12.13 Supermax New Materials Co. Ltd.
              • Exhibit 154: Supermax New Materials Co. Ltd. - Overview
              • Exhibit 155: Supermax New Materials Co. Ltd. - Product / Service
              • Exhibit 156: Supermax New Materials Co. Ltd. - Key offerings
            • 12.14 Suzhou Zhaoda Specialy Fiber Technical Co. Ltd.
              • Exhibit 157: Suzhou Zhaoda Specialy Fiber Technical Co. Ltd. - Overview
              • Exhibit 158: Suzhou Zhaoda Specialy Fiber Technical Co. Ltd. - Product / Service
              • Exhibit 159: Suzhou Zhaoda Specialy Fiber Technical Co. Ltd. - Key offerings
            • 12.15 Teijin Ltd.
              • Exhibit 160: Teijin Ltd. - Overview
              • Exhibit 161: Teijin Ltd. - Business segments
              • Exhibit 162: Teijin Ltd. - Key offerings
              • Exhibit 163: Teijin Ltd. - Segment focus
            • 12.16 Toray Industries Inc.
              • Exhibit 164: Toray Industries Inc. - Overview
              • Exhibit 165: Toray Industries Inc. - Business segments
              • Exhibit 166: Toray Industries Inc. - Key offerings
              • Exhibit 167: Toray Industries Inc. - Segment focus
            • 12.17 Yantai Tayho Advanced Materials Co. Ltd.
              • Exhibit 168: Yantai Tayho Advanced Materials Co. Ltd. - Overview
              • Exhibit 169: Yantai Tayho Advanced Materials Co. Ltd. - Product / Service
              • Exhibit 170: Yantai Tayho Advanced Materials Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations
              • in crude oil prices: The volatility of crude oil prices is one of the key challenges in the global commodity chemicals market. The volatility of crude oil prices impacts the pricing strategies and margins of adhesives, sealants, lubricants, oilfield cleaners, polymers, as well as plastic additives. The margins of the commodity chemicals are inherently dependent on the global prices of crude oil, which is one of the key raw materials. Any volatility in the prices of crude oil causes uncertainty in end-use markets and eventually influences the margins of all the key stakeholders, including the vendors in the global commodity chemicals market. These fluctuations adversely affect the profitability, cost of sales, and the ability of vendors to effectively address the demands of consumers.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

                PURCHASE FULL REPORT OF

                aramid fiber market

                QUICK BUY

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

                Why should you prefer Technavio's market insights report?

                • Off-the-shelf research reports
                • Reports can be tailored to meet the customer's needs
                • Trusted by more than 100 fortune 500 organizations
                • Information about the market's key drivers, trends, and challenges
                • Parent market analysis
                • Every week, 50,000 people visit our subscription platform
                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis