Opportunities in the para aramid fiber market have evolved through a number of stages i.e. from Kevlar in tires to advanced protective clothing. Lucintel has found the future of this market to be promising; 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 expected to remain the largest product type, and frictional materials segment is expected to remain the largest application. Players can benefit from the available opportunities like increasing automotive production, growth in aerospace industry, and stringent government regulation on industrial safety and protection.
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Teijin Aramid, DowDuPont, Kolon Industries Inc., Hyosung Corporation, Yantai Tayho Advanced Materials Co. Ltd. are some of the companies profiled in this report.
Some of the features of this report:
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This exclusive report from Lucintel 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 helpdesk@lucintel.com
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.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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