Aramid Fiber Market Size Worth USD 9.46 Billion by 2034 | CAGR: 8.0%
Global Aramid Fiber Market Size, Share, Trends, Industry Analysis
Report: By Product (Para-aramid and Meta-aramid), Application, and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025 - 2034
• The global aramid fiber market size was USD 4.40 billion in 2024 and is projected to increase to USD 4.74 billion in 2025, reaching USD 9.46 billion by 2034, exhibiting a CAGR of 8.0% from 2025 to 2034.
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• Key Market Players :
• TEIJIN LIMITED
• Yantai Tayho Advanced Materials Co
• DuPont de Nemours, Inc.
• Hyosung Corp.
• TORAY INDUSTRIES, INC.
• Kermel S.A.
• Kolon Industries, Inc.
• Huvis Corp
• China National Bluestar Co., Ltd.
• In terms of product, the meta-aramid segment is expected to grow at a rapid pace during the forecast period owing to its high heat and flame resistance ability, which aligns with the increasing demand for fireproof and thermal-resistant solutions.
• Based on application, the security & protection segment dominated the market share in 2024 due to the increasing demand for high-performance protective gear in the military, law enforcement, and industrial sectors.
• In the global market, the Asia Pacific aramid fiber market has the highest revenue share in 2024 due to rapid industrialization, expanding automotive production, and increasing defense investments in countries such as China, India, and Japan.
• The North America aramid fiber market is expected to grow at the fastest pace over the forecast period due to advancements in aerospace, defense, and renewable energy industries.
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