Aramid Fiber Market Analysis

Application (Frictional Materials, Rubber Reinforcement, Security & Protection, Optical Fibers, Tire Reinforcement, Electrical Insulation, Aerospace)

The frictional materials segment in the aramid fiber market is set to garner the highest revenue share of about 55% by the end of 2037. Due to their characteristics including thermal stability, superior wear qualities, and stable coefficient of friction, these fibers are in higher demand as frictional materials. This fiber is favored above others including glass, cellulose, and carbon because it is most successful at boosting resistance. These fibers are widely employed in the production of brake pads and other equipment because they tend to cause less harm to surfaces when they are used.

Product Type (Para-Aramid, Meta-Aramid)

Aramid fiber market from the para-aramid segment is projected to gather the highest share of about 74% over the forecast period. These fibers are widely used in the defense, security, and automotive industries. Para-aramid fibers are used for reinforcement in wire and cable, hoses, race vehicles, protective gloves, wire and cable, and ballistic protection. They are also employed as tire reinforcement, brake pad friction material, optic fiber cables, rope, deep-sea oil drilling, ballistic protection, and protective materials. Features including improved rust, humidity, and heat resistance in harsh environments are going to propel this market segment. Additionally, the segment is driven by its use in defense, aerospace, and military for bulletproof body armor.

Our in-depth analysis of the global market includes the following segments: