DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ptq7qq/aramid_fiber) has announced the addition of the "Aramid Fiber Market by Type and Application - Global Trends & Forecasts to 2019" report to their offering.
Global demand for aramid fiber is projected to reach $3,067 million by 2019
The growth will be driven by the increasing demand for aramid fibers for security & protection, optical fiber reinforcement, and aerospace applications. The European region remains the largest market for aramid fiber, followed by North America. The Asia-Pacific market is estimated to be the key growth area due to high rate of development in the region along with the increasing concern for the health and safety of military personnel and industrial employees.
Security & protection is the major application for the aramid fiber market with around 31% of the market share in terms of volume, in 2013. Optical fiber and aerospace applications of aramid fiber are expected to have the highest growth among the applications between 2014 and 2019.
This report estimates the aramid fiber market for 2014, and projects its expected demand till 2019. It also provides a detailed qualitative and quantitative analysis of the market. Various secondary sources, such as encyclopedia, directories, and databases are used to identify and collect information that is useful for this extensive commercial study. The primary sources—experts from related industries and suppliers—have been interviewed to obtain and verify critical information as well as to assess the future prospects of the Aramid fiber market.
Scope of the Report
- Para-aramid Fiber
- Meta-aramid Fiber
- Security & Protection
- Frictional Material
- Tire & Rubber Reinforcement
- Optical Fiber
- Electrical Insulation
- China National Bluestar (Group) Co. Ltd.
- E. I. DU Pont Nemours & Co.
- HUVIS Corporation
- Hyosung Corporation
- Kolon Industries Inc.
- SRO Aramid (Jiangzu) Co. Ltd.
- Teijin Limited
- Toray Chemical Korea Inc.
- Yantai Tayho Advanced Materials Co.
For more information visit http://www.researchandmarkets.com/research/ptq7qq/aramid_fiber