Para Aramid and Meta Aramid Market
Para Aramid and Meta Aramid Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Para Aramid and Meta Aramid Market Size and Growth
The Para Aramid and Meta Aramid market shows robust growth driven by increasing demand in aerospace, automotive, and protective clothing sectors.
The Para Aramid market is valued at approximately $4.5 billion, while the Meta Aramid market is around $1.2 billion, reflecting strong applications in advanced materials and safety gear.
Companies Covered
(Covid 19 Impact Covered)
◍ Dupont
◍ Teijin
◍ Yantai Spandex
◍ Kolon Industries
◍ Hyosung
◍ Toray
◍ X-FIPER New Material
◍ JSC Kamenskvolokno
◍ Huvis
The Para Aramid and Meta Aramid markets are competitive, with companies like DuPont, Teijin, Yantai Spandex, Kolon Industries, Hyosung, Toray, X-FIPER New Material, JSC Kamenskvolokno, and Huvis driving innovation. These companies develop advanced materials for applications in protective clothing, aerospace, and automotive, contributing to market growth through technological advancements.
- DuPont: Approx. $22 billion in revenue
- Teijin: Approx. $18 billion in revenue
- Kolon Industries: Approx. $6 billion in revenue
- Toray: Approx. $17 billion in revenue
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Market Segmentation
By Application
◍ Flame Retardant Protection ◍ Automotive ◍ Rubber Products ◍ Cables & Wires
Others
By Product
◍ Para Aramid
Meta Aramid
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Market Growth
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$ X Billion USD
