Aramid Fiber Market Analysis by Key Players, Industry Growth, Size, Share, Trends, Sales Forecast and Supply Demand to 2023

21 Aug 2019 - The Global Aramid Fiber Market is estimated to gain huge traction in terms of value, during the forthcoming years. Aramid fibers are derived for their superior strength and stiffness that allows its usage for efficient load transfer in heavy-duty industries. The growing number of wars and strains across international borders has hiked the demand for bulletproof vests, missiles, armored car, eye-guards, headgear, etc., which has propelled the progression of the market. Aramid fiber has registered moderately high cost and low compressive strength, thus hindering the market expansion. Based on product, the market has been segmented into meta-aramid, para-aramid, and others. Aramid fiber market has found its application across ballistic security & protection, rubber reinforcement, optical fibers, frictional materials, tire reinforcement, aerospace, and electrical insulation, and others. Meta-aramid fibers are h...