Global Aramid Fiber Reinforced Composite Market Growth 2023-2029

Global Aramid Fiber Reinforced Composite Market Growth 2023-2029

Aramid fiber reinforced polymer is a mixture of aramid fibers and polymers called matrixes. This technique increases the tensile strength and flexural modulus of the composite. These fibers also increase the heat deflection temperature of a material as well as cause it to resist shrinkage and warping.

LPI (LP Information)' newest research report, the “Aramid Fiber Reinforced Composite Industry Forecast” looks at past sales and reviews total world Aramid Fiber Reinforced Composite sales in 2022, providing a comprehensive analysis by region and market sector of projected Aramid Fiber Reinforced Composite sales for 2023 through 2029. With Aramid Fiber Reinforced Composite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aramid Fiber Reinforced Composite industry.

This Insight Report provides a comprehensive analysis of the global Aramid Fiber Reinforced Composite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aramid Fiber Reinforced Composite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aramid Fiber Reinforced Composite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aramid Fiber Reinforced Composite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aramid Fiber Reinforced Composite.

The global Aramid Fiber Reinforced Composite market size is projected to grow from US$ 1105.7 million in 2022 to US$ 1322.8 million in 2029; it is expected to grow at a CAGR of 1322.8 from 2023 to 2029.

North America and Europe are the main consumption regions due to the bigger demand of downstream applications. In 2018, these two regions occupied 73.93% of the consumption volume in total.

This report presents a comprehensive overview, market shares, and growth opportunities of Aramid Fiber Reinforced Composite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Thermoplastic
Thermoset

Segmentation by application
Sport Goods
Aircrafts
Military
Vehicles
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DuPont
Teijin
Advanced Composites
Lanxess
TenCate
Celanese
PolyOne
AXIA Materials
Lingol
Protech
Lengine

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aramid Fiber Reinforced Composite market?

What factors are driving Aramid Fiber Reinforced Composite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aramid Fiber Reinforced Composite market opportunities vary by end market size?

How does Aramid Fiber Reinforced Composite break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.