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Para Aramid Fiber Market is expected to reach $3.2 Billion by 2025 – An exclusive market research report by Lucintel

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Para Aramid Fiber Market is expected to reach $3.2 Billion by 2025 – An exclusive market research report by Lucintel

November 25
20:30 2021
Para Aramid Fiber Market is expected to reach $3.2 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Para Aramid Fiber Market
Trends, opportunities and forecast in the para aramid fiber market to 2025 by application (frictional materials, protection, electrical transmission, safety, rubber reinforcement, tire reinforcement, oil and gas and others), product form (filament yarn, short fibers, pulp and others) and region (North America, Europe, Asia Pacific and ROW)

Lucintel’s latest market report analyzed that para aramid fiber provides attractive opportunities in frictional materials, protection, electrical transmission, safety garments, rubber reinforcement, tire reinforcement, and oil and gas industries. The para aramid fiber market is expected to reach $3.2 billion by 2025 with a CAGR of 3.2%. In this market, filament yarn is the largest segment by product type, whereas frictional materials are largest by application. The development of new para aramid fabric which protects structures from airborne volcanic fragments provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/para-aramid-fiber-market.aspx Based on product type, the para aramid fiber market is segmented into filament yarn, short fibers, pulp. The filament yarn segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the increasing demand for protective clothing in the military and stringent regulations in Europe and North America regarding employee health and safety.

Browse in-depth TOC on “Para Aramid Fiber Market”

115 – Tables

112 – Figures

191 – Pages

The para aramid fiber market is marked by the presence of several big and small players. Some of the prominent players offering para aramid fiber include Teijin Aramid, DowDuPont, Kolon Industries Inc.,Hyosung Corporation ,Yantai Tayho Advanced Materials Co. Ltd.

Request Sample Report:

https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT2993

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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Company Name: Lucintel
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Phone: 303.775.0751
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Country: United States
Website: www.lucintel.com

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