Para-aramid Fibers Market Size, Share & Trends Analysis Report By Application (Security & Protection, Friction Material, Rubber Reinforcement), By Region, And Segment Forecasts, 2019 - 2025

Published: Jan, 2019 | Pages: 79 | Publisher: Grand View Research
Industry: Glass | Report Format: Electronic (PDF)

The global para-aramid fibers market size is expected to reach USD 3.6 billion by 2025 at a 6.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for security and protective measures in various industries such as military and construction is likely to boost product demand.

Raw material prices play a key role in industry growth, which helps players align product demand and gain control over the supply chain. Furthermore, major players are focused on integration across the value chain in order to maintain continuous raw material supply in a bid to increase market revenue.

The market is witnessing a high level of competition owing to presence of a large number of regional and global players with operations across the globe. Key participants are actively involved in adopting various strategic initiatives to gain a large share. The degree of competition depends on product demand, innovation in technology, and distribution network.

The production process is highly energy intensive and makes use of expensive chemicals, which increases raw material cost in proportion to the overall cost of the product.

Further key findings from the report suggest:

•	By application, security and protection dominated the para-aramid fiber market, accounting for 38.4% of the total revenue in 2017. This is owing to increasing demand for production of security and protective wearables, including bulletproof vests

•	Optical fibers is estimated to be the fastest growing application segment, registering a CAGR of 5.3% in terms of volume from 2018 to 2025. This is due to surge in demand for aerial dielectric self-supporting cables, premise cables, water-blocking yarns, fiber to the home (FTTH), ballistic tapes, and ripcords

•	Europe was the largest market for para-aramid fibers, accounting for over 37.0% of the revenue in 2017. This can be attributed to high demand from various application sectors such as security and protection, electrical insulation, rubber reinforcement, and tire reinforcement

•	Increasing demand for high fuel efficiency and continuous advancements in the transportation sector are expected to emerge as major factors driving the industry over the forecast period

•	Key players aim to achieve optimum growth and strengthen their position through various expansion strategies such as partnerships, new product developments, agreements, technical collaborations, and capacity expansions.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Research methodology
                    1.2. Research scope & assumptions
                    1.3. List of data sources

Chapter 2. Executive Summary
                    2.1. Market snapshot

Chapter 3. Market Variables, Trends, and Scope
                    3.1. Market segmentation & scope
                    3.2. Penetration & growth prospect mapping
                    3.3. Value chain analysis
                         3.3.1. Raw material analysis
                         3.3.2. Technology overview
                              3.3.2.1. Hand-lay up
                              3.3.2.2. Vacuum bagging
                              3.3.2.3. Vacuum infusion
                    3.4. Regulatory framework
                         3.4.1. Defense acquisition regulations system
                         3.4.2. Health and safety executive (HSE)
                         3.4.3. The European Parliament and the council of the European Union
                    3.5. Market dynamics
                         3.5.1. Market driver analysis
                              3.5.1.1. Need for security & protective measures
                              3.5.1.2. Potential substitute for steel and asbestos
                         3.5.2. Market restraint analysis
                              3.5.2.1. High product cost
                         3.5.3. Porter's analysis
                         3.5.4. PESTLE analysis

Chapter 4. Para-aramid Fibers Market: Application Estimates & Trend Analysis
                    4.1. Para-aramid Fibers Market: Application Movement Analysis, 2017 & 2025
                    4.2. Security & protection
                         4.2.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                    4.3. Optical fibers
                         4.3.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                    4.4. Friction materials
                         4.4.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                    4.5. Rubber reinforcements
                         4.5.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                    4.6. Tire reinforcements
                         4.6.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                    4.7. Other applications
                         4.7.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)

Chapter 5. Para-aramid Fibers Market: Regional Estimates & Trend Analysis
                    5.1. Regional Movement Analysis & Market Share, 2017 & 2025
                    5.2. Para-aramid Fibers Market: Regional Movement Analysis, 2017 & 2025
                    5.3. North America
                         5.3.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                         5.3.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.3.3. U.S.
                              5.3.3.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.3.3.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.3.4. Canada
                              5.3.4.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.3.4.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.3.5. Mexico
                              5.3.5.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.3.5.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                    5.4. Europe
                         5.4.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                         5.4.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.4.3. Germany
                              5.4.3.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.4.3.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.4.4. U.K.
                              5.4.4.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.4.4.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.4.5. France
                              5.4.5.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.4.5.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.4.6. Italy
                              5.4.6.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.4.6.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                    5.5. Asia Pacific
                         5.5.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                         5.5.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.5.3. China
                              5.5.3.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.5.3.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.5.4. India
                              5.5.4.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.5.4.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.5.5. Japan
                              5.5.5.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.5.5.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                         5.5.6. South Korea
                              5.5.6.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                              5.5.6.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                    5.6. Central & South America
                         5.6.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                         5.6.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)
                    5.7. Middle East & Africa
                         5.7.1. Market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
                         5.7.2. Market estimates and forecasts, by application, 2014 - 2025 (Tons) (USD Million)

Chapter 6. Competitive Landscape
                    6.1. Vendor Landscape
                         6.1.1. List of raw materials suppliers
                         6.1.2. List of manufacturers
                         6.1.3. List of suppliers/distributors
                         6.1.4. List of end-users
                    6.2. Competitive Environment
                    6.3. Company Market Positioning

Chapter 7. Company Profiles
                    7.1. Teijin Ltd.
                         7.1.1. Company overview
                         7.1.2. Financial performance
                         7.1.3. Product benchmarking
                         7.1.4. Strategic initiatives
                    7.2. Yantai Tayho Advanced Materials Co. Ltd.
                         7.2.1. Company overview
                         7.2.2. Financial performance
                         7.2.3. Product benchmarking
                    7.3. E. I. du Pont de Nemours and Company
                         7.3.1. Company overview
                         7.3.2. Financial performance
                         7.3.3. Product benchmarking
                    7.4. Hyosung Corp.
                         7.4.1. Company overview
                         7.4.2. Financial performance
                         7.4.3. Product benchmarking
                         7.4.4. Strategic initiatives
                    7.5. Toray Chemicals South Korea, Inc.
                         7.5.1. Company overview
                         7.5.2. Financial performance
                         7.5.3. Product benchmarking
                    7.6. Kermel S.A.
                         7.6.1. Company overview
                         7.6.2. Product benchmarking
                    7.7. Kolon Industries, Inc.
                         7.7.1. Company overview
                         7.7.2. Financial performance
                         7.7.3. Product benchmarking
                    7.8. Huvis Corp.
                         7.8.1. Company overview
                         7.8.2. Product benchmarking
                    7.9. China National Bluestar (Group) Co., Ltd.
                         7.9.1. Company overview
                         7.9.2. Product benchmarking
                    7.10. SRO Aramid (Jiangzu) Co., Ltd.
                         7.10.1. Company overview
                         7.10.2. Financial performance
                         7.10.3. Product benchmarking

List of Tables

Table 1 Para-aramid fibers market estimates and forecasts, in security & protection, 2014 - 2025 (Tons) (USD Million)
Table 2 Para-aramid fibers market estimates and forecasts in optical fibers, 2014 - 2025 (Tons) (USD Million)
Table 3 Para-aramid fibers market estimates and forecasts in friction materials, 2014 - 2025 (Tons) (USD Million)
Table 4 Para-aramid fibers market estimates and forecasts in rubber reinforcement, 2014 - 2025 (Tons) (USD Million)
Table 5 Para-aramid fibers market estimates and forecasts in tire reinforcement, 2014 - 2025 (Tons) (USD Million)
Table 6 Para-aramid fibers market estimates and forecasts in other applications, 2014 - 2025 (Tons) (USD Million)
Table 7 North America para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 8 North America para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 9 North America para-aramid fibers market revenue, by application, 2014 - 2025 (USD Million)
Table 10 U.S. para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 11 U.S. para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 12 U.S. para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 13 Canada para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 14 Canada para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 15 Canada para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 16 Mexico para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 17 Mexico para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 18 Mexico para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 19 Europe para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 20 Europe para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 21 Europe para-aramid fibers market revenue, by application, 2014 - 2025 (USD Million)
Table 22 Germany para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 23 Germany para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 24 Germany para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 25 U.K. para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 26 U.K. para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 27 U.K. para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 28 France para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 29 France para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 30 France para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 31 Italy para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 32 Italy para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 33 Italy para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 34 Asia Pacific para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 35 Asia Pacific para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 36 Asia Pacific para-aramid fibers market revenue, by application, 2014 - 2025 (USD Million)
Table 37 China para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 38 China para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 39 China para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 40 India para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 41 India para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 42 India para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 43 Japan para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 44 Japan para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 45 Japan para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 46 South Korea para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 47 South Korea para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 48 South Korea para-aramid fibers market revenue by application, 2014 - 2025 (USD Million)
Table 49 Central & South America para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 50 Central & South America para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 51 Central & South America para-aramid fibers market revenue, by application, 2014 - 2025 (USD Million)
Table 52 Middle East & Africa para-aramid fibers market estimates and forecasts, 2014 - 2025 (Tons) (USD Million)
Table 53 Middle East & Africa para-aramid fibers market volume by application, 2014 - 2025 (Tons)
Table 54 Middle East & Africa para-aramid fibers market revenue, by application, 2014 - 2025 (USD Million)

List of Figures

Fig.1 Para-aramid Fibers - Market snapshot
Fig.2 Penetration and growth prospect mapping
Fig.3 Para-aramid fibers: Value chain analysis
Fig.4 Para-aramid fibers market dynamics
Fig.5 Para-aramid fiber market driver impact analysis
Fig.6 Global personal protective equipment market revenue by end-use (USD Billion) 2016 - 2024
Fig.7 Para-aramid fiber market restraint impact analysis
Fig.8 Para-aramid fibers market: Porter's analysis
Fig.9 Para-aramid fibers market: PESTEL analysis
Fig.10 Para-aramid fibers market: Application movement analysis, 2017 & 2025
Fig.11 Para-aramid fibers market: Region movement analysis, 2017 & 2025