DUBLIN, October 8, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/9mh63n/aramid_fibers) has announced the addition of the "Aramid Fibers (Para and Meta) - A Global Market Overview" report to their offering.
Aramid fiber, composed of aromatic polyamides, has been a key material for use in various applications due to its diversified characteristics including high strength, impact resistance, low density, good chemical resistance, high heat resistance and abrasion resistance. Safety & protection, electrical insulation, filtration, frictional materials, optical fiber cables, rubber and tire reinforcements are among the current applications in which aramid fibers have been mostly utilized.
Global demand for aramid fibers, which was bottomed out in 2009 has increased to record level in 2011 and is projected to increase by a CAGR of about 7% during 2014-2020, reflecting the growing need for materials that contribute to enhanced safety and security, low weight and help reducing energy consumption. Global demand for aramid fibers (both para and meta) is estimated at 74.5 thousand metric tons in 2014 and is further projected to reach 110 thousand metric tons by 2020 valued at US$4.7 billion.
Safety & protection constitutes the largest end-use application for aramid fibers accounting for a share of over 30 percent in 2013. However, in terms of growth, optical fiber cables are slated to outpace all other application areas with a volume CAGR of 8.4% during the 2014 to 2020 analysis period. Aramid fiber product types analyzed in this study include Para-Aramid fibers and Meta-Aramid fibers. With a slight overlapping for these two product segments, end-use application areas of aramid fibers analyzed include for Para-Aramid Fibers - Safety & Protection, Frictional Materials, Optical Fiber Cables, Tire Reinforcements, Rubber Reinforcements and other applications; and Meta-Aramid Fibers - Electrical Insulation, Safety & Protection, Filtration, Rubber Reinforcements and other applications.
The report reviews, analyses and projects the aramid fibers market for global and the regional markets including North America, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 13 independent countries across North America - The United States and Canada; Europe - France, Germany, Italy, the Netherlands, Russia, Spain and the United Kingdom; Asia-Pacific - China, Japan, India and South Korea.
Key Topics Covered:
PART A: GLOBAL MARKET PERSPECTIVE
2. KEY MARKET TRENDS
3. INDUSTRY LANDSCAPE
4. KEY BUSINESS & PRODUCT TRENDS
5. GLOBAL MARKET OVERVIEW
PART B: REGIONAL MARKET PERSPECTIVE
REGIONAL MARKET OVERVIEW
1. NORTH AMERICA
4. REST OF WORLD
PART C: GUIDE TO THE INDUSTRY
PART D: ANNEXURE
1. RESEARCH METHOLOGY
- China National Bluestar (Group) Co, Ltd.
- EI Du Pont De Nemours & Co.
- Guangdong Charming Co., Ltd.
- Huvis Corporation
- Hyosung Corporation
- JSC Kamenskvolokno
- Kolon Industries, Inc.
- SRO Group (China) Ltd.
- Teijin Limited
- Woongjin Chemical Co., Ltd.
- Yantai Tayho Advanced Materials Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/9mh63n/aramid_fibers
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SOURCE Research and Markets