Aramid Fibers Market Size, Share, By Product (Para-Aramid, Meta-Aramid, Co-Polyamide), By Application (Security & Protection, Frictional Materials, Rubber Reinforcement, Optical Fibers, Tire Reinforcement, Electrical Insulation, Aerospace), By End-User (Automotive, Aerospace & Defence, Electronics & Telecommunications), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis and Forecast till 2034

Report Code: PMI159019 | Publish Date: February 2024 | No. of Pages: 173

Global Aramid Fibers Market By Overview

Aramid Fibers Market Size was valued at US$ 5.2 Billion in 2024 and is projected to grow at a CAGR of 27.4% to reach US$ 47.4 Billion by 2034.

Aramid fibers are man-made fibers with superior structural qualities and exceptional tensile strength. They are employed in modern items where lightweight and high strength are required. Aramid fibers are constructed of long-chain synthetic polyamides. The chemical name for para-aramid is poly para-phenyleneterephthalamide (PPTA). This polymer consists of alternating benzene rings and amide groups, resulting in a stiff, rod-like structure.

Aramid fibers are resistant to a variety of solvents and salts, but they can be weakened by strong acids. While they are difficult to dye and sensitive to UV light, they are tough to burn and, rather than melting, disintegrate. Aramid materials are accessible as filament yarn, staple fiber, and pulp. They retain most of their strength at high temperatures and resist permanent deformation or 'creep' under long-term stress. Their hardness outperforms steel, glass fiber, and nylon, and they remain strong even under great stress and bending, making them extremely adaptable.

Aromatic polyamides were first used commercially in the early 1960s when DuPont launched HT-1, a meta-aramid fiber that later became known as Nomex. This fiber, which behaves similarly to other textile garment fibers, is distinguished by its remarkable heat resistance since it never melts nor ignites at typical levels of oxygen. It is widely utilized in the manufacture of protective gear, air filtration, thermal and electrical insulation, and as a replacement for asbestos.

Aramid Fibers Market Size

Global Aramid Fibers Market By Dynamics

Aramid Fibers Market Drivers:   

Increasing need in the Automotive Industry

  • The automotive industry relies heavily on aramid fibers. Aramid fibers are used in tires to increase their strength, durability, and fuel efficiency. They increase a tire's ability to resist heavier loads and operating pressures, resulting in a longer lifespan. Because of their remarkable heat resistance and ability to bear friction, aramid fibers are used in brake pads and clutch systems. Aramid fibers are employed in airbag materials due to their great strength and ability to deploy quickly during a crash, providing critical occupant safety.

Growing demand in Aerospace & Defence

  • Aerospace and defence sectors rely significantly on aramid fibers because of their outstanding qualities. Aramid fibers are the foundation of bulletproof vests, helmets, and other ballistic protective equipment due to their incredible strength and ability to stop projectiles. Aramid fibers are employed in aviation composites due to their high strength-to-weight ratio. This enables for lightweight construction without sacrificing structural integrity, which is critical for fuel efficiency and performance. Aramid fibers can be used as heat shield materials for spacecraft re-entry because of their ability to tolerate extremely high temperatures.

Restrains in the Aramid Fibers Market:

Limited Knowledge and Adoption in Specific Sectors

  • While aramid fibers have the potential to enhance construction applications as reinforcement materials, their adoption may be limited due to a lack of public awareness and proven application procedures when compared to traditional materials such as steel or concrete. The higher cost of aramid fibers can be a barrier to adoption in price-sensitive emerging economies, where less expensive alternatives may be favoured despite potential performance disadvantages.

Moisture Absorption

  • Aramid fibers tend to absorb moisture in humid situations. This can result in a minor loss in strength and stiffness, which may be an issue for certain applications that require consistent performance under fluctuating humidity levels.

Key Opportunities in Aramid Fibers Market:

Emerging Applications

  • Aramid fibers can be used in wind turbine blades due to their lightweight and high strength, contributing to improved efficiency and energy generation. Aramid fibers can also be used in Products for geothermal energy applications due to their heat resistance. Research into the use of aramid fibers to construct biocompatible implants or wound dressings with increased strength and durability has great potential in the medical profession. Because of its lightweight and great impact resistance, aramid fibers can be used in sports equipment such as helmets, protective gear, and high-performance sporting items.

Advanced Material Developments

  • Adding aramid fibers to nanocomposites can improve strength, thermal stability, and other desirable qualities. These nanocomposites have uses in a variety of industries, including aerospace, automobiles, and electronics. The development of bio-based aramid fibers made from renewable resources may provide a more sustainable alternative to traditional petroleum-based aramid fibers. This coincides with the increased emphasis on environmentally friendly materials. The study of functionalizing aramid fibers with specific features like as flame retardancy, electrical conductivity, or self-healing capabilities can widen its applications in a variety of disciplines.

Global Aramid Fibers Market By Segmentation

Aramid Fibers Market is segmented based on by Product, Application, End-User, and Region.

Product Insight

  • Para-Aramid - This is the most popular type of aramid fiber, distinguished by its high strength, modulus, and thermal stability. It has a wide range of applications, including ballistic protection, tires, and aerospace composites.
  • Meta-Aramid - These fibres are less robust than para-aramid fibers, but have higher flame and heat tolerance. They are widely utilized in fireproof apparel, heat-resistant gloves, and industrial applications.
  • Co-Polyamide - Co-Polyamide fibers are a combination of para- and meta-aramid fibers. They provide a balance of strength, flame resistance, and heat tolerance. Co-polyamide fibers have a wide range of uses, including automobile parts, conveyor belts, and protective garments.

Application Insights

  • Security & Protection - Aramid fibers are commonly utilized in ballistic protection applications such as bulletproof vests, helmets, and body armor. They are also utilized in cut-resistant gloves and other protective gear.
  • Frictional Materials - Aramid fibers are employed in brake pads and clutches because of their great strength and temperature resistance.   
  • Rubber Reinforcement - Aramid fibers are used to strengthen rubber products like tires and conveyor belts, increasing their strength, durability, and flexibility. This reinforcement enables rubber products to endure increased loads and harder operating conditions. For example, aramid-reinforced conveyor belts are utilized in mining and construction industries to transport big loads across long distances.     
  • Optical Fibers - Aramid fibers are used to reinforce optical fibers, which are hair-thin glass strands that transmit light pulses across long distances. These light pulses transport information and serve as the foundation for today's telecommunications infrastructure.
  • Tire Reinforcement - Aramid fibers are an excellent material for reinforcing tires, especially in passenger vehicles, trucks, and bus tires. Manufacturers can improve tire performance by integrating aramid fibers into the construction.  
  • Electrical Insulation - Aramid fibers are utilized as electrical insulation because of their high dielectric strength.    
  • Aerospace - Aramid fibers are utilized for a range of aerospace applications, including aircraft composites and spacecraft heat shields.

End-User Insights

  • Automotive – Automotive is the largest end-user segment, accounting for a sizable share of the market. Aramid fiber reinforcement increases tire strength, durability, and fuel efficiency. This leads to longer tire life, better handling and cornering, and a lower environmental impact. Aramid fibers are utilized in airbag materials because of their excellent strength and quick deployment following a collision, which provides critical occupant safety in vehicles.
  • Aerospace & Defence - Aramid fibers provide the foundation of bulletproof vests, helmets, and other ballistic protective equipment for military and law enforcement personnel. Their extraordinary strength successfully deflects projectiles, saving lives. Aramid fibers are used in composite materials for airplane structures because of their high strength-to-weight ratio. This enables airplanes to be built more lightweight, resulting in increased fuel efficiency and payload capacity.
  • Electronics & Telecommunications - Aramid fibers strengthen optical fibers, which are hair-thin glass strands that transport light pulses for communication. They provide mechanical strength and protection, resulting in dependable data transfer over extended distances.
  • Aramid fibers are suitable for usage in a variety of electronic components due to their lightweight nature, dimensional stability, and flame-retardant qualities.

Aramid Fibers Market Regional Insights:

On the region, the Aramid Fibers Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America is a mature market with consistent demand for aramid fibers. The aerospace and defence sectors remain essential drivers, with the United States playing a prominent role in both. Aramid fibers are essential for producing lightweight, high-strength components for aircraft and military equipment.
  • Asia Pacific dominates the aramid fibers market, driven by fast industrialization and economic expansion in nations such as China, India, and Japan. The thriving automotive industry in this region, particularly electric vehicle production, is a major driver of aramid fiber demand.
  • Europe market is stable and focuses on high-quality, specialized applications. The automotive industry, particularly in Germany and Italy, remains a major consumer of aramid fibers for a variety of applications. Industrial applications including robotic arms, conveyor belts, and high-pressure hoses are also seeing an increase in demand.
  • Latin America market has growth potential, despite its current size. Economic growth in nations such as Brazil and Mexico is increasing demand for car production and construction. Infrastructure investment, such as new highways, bridges, and renewable energy installations, is generating demand for aramid fiber applications.
  • Middle East & Africa currently are the smallest markets for aramid fibers, but have substantial growth potential. The oil and gas industry, which is a cornerstone of many Middle Eastern economies, is a major driver of aramid fiber demand, particularly for applications such as reinforced pipes and worker safety gear.

Aramid Fibers Market Report Scope:

Attribute

Details

Market Size 2024

US$ 5.2 Billion

Projected Market Size 2034

US$ 47.4 Billion

CAGR Growth Rate

27.4%

Base year for estimation  

2023

Forecast period       

2024-2034

Market representation       

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Para-Aramid, Meta-Aramid, Co-Polyamide

By Application - Security & Protection, Frictional Materials, Rubber Reinforcement, Optical Fibers, Tire Reinforcement, Electrical Insulation, Aerospace

By End-User - Automotive, Aerospace & Defence, Electronics & Telecommunications

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For this study segmented the Aramid Fibers Market report based on Product, By Application, By End-User and Region:

Aramid Fibers Market, By Product:

  • Para-Aramid
  • Meta-Aramid
  • Co-Polyamide

Aramid Fibers Market, By Application:

  • Security & Protection
  • Frictional Materials
  • Rubber Reinforcement
  • Optical Fibers
  • Tire Reinforcement
  • Electrical Insulation
  • Aerospace

Aramid Fibers Market, By End-User:

  • Automotive
  • Aerospace & Defence
  • Electronics & Telecommunications

Aramid Fibers Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Aramid Fibers Market By Key Players

The key players operating the Aramid Fibers Market include Teijin Ltd., Yantai Tayho Advanced Materials Co., E. I. du Pont de Nemours and Company (DowDuPont), Hyosung Corp., Toray Chemicals South Korea, Inc., Kermel S.A, Kolon Industries, Inc., Huvis Corp., China National Bluestar (Group) Co., Ltd., SRO Aramid (Jiangsu) Co., Ltd.

Aramid Fibers Market Players

Global Aramid Fibers Market By Key Issues Addressed

  • In March 2023, DuPont and Point Blank Enterprises announced an exclusive partnership for DuPont Kevlar EXO. The new partnership will provide law enforcement professionals with unparalleled body armor that is lightweight, flexible, and powered by Kevlar EXO. DuPont Kevlar is a high-performance material used in body armor to protect military personnel. Point Blank's revolutionary body armor made of Kevlar EXO offers law enforcement officers unprecedented ballistic protection without sacrificing mobility or comfort. Kevlar® EXO™'s exceptional pliability allows for a more body-inclusive solution while providing optimal protection.
  • In September 2022, Mussel Polymers announced a novel multifunctional carbon and aramid fiber coating. A specialty materials firm produces poly(catechol-styrene) polymer, which successfully bonds with a variety of materials, offering improved adhesion and other surface functionalizing properties.  PCS coatings enhance bonding for a variety of adhesive and composite chemistries while functionalizing material surfaces. This application of PCS is expected to considerably boost the strength and impact energy of fiber-reinforced materials, as well as improve the utilization of coatings and adhesives with carbon fiber parts and materials.

Global Aramid Fibers Market By Company Profile

  • Teijin Ltd.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategy Overview
  • Yantai Tayho Advanced Materials Co.
  • E. I. du Pont de Nemours and Company (DowDuPont)
  • Hyosung Corp.
  • Toray Chemicals South Korea, Inc.
  • Kermel S.A
  • Kolon Industries, Inc.
  • Huvis Corp.
  • China National Bluestar (Group) Co., Ltd.
  • SRO Aramid (Jiangzu) Co., Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Global Aramid Fibers Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings
    • Key Questions this Study Will Answer
    • Market Snippet, By Product
    • Market Snippet, By Application
    • Market Snippet, By End-User
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Product, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Para-Aramid
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Meta-Aramid
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Co-Polyamide
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Security & Protection
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Frictional Materials
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Rubber Reinforcement
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Optical Fibers
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Tire Reinforcement
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electrical Insulation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aerospace
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By End-User, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aerospace & Defence
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronics & Telecommunications
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Digital Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Teijin Ltd.
  • Yantai Tayho Advanced Materials Co.
  • E. I. du Pont de Nemours and Company (DowDuPont)
  • Hyosung Corp.
  • Toray Chemicals South Korea, Inc.
  • Kermel S.A
  • Kolon Industries, Inc.
  • Huvis Corp.
  • China National Bluestar (Group) Co., Ltd.
  • SRO Aramid (Jiangsu) Co., Ltd.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Aramid Fibers Market was valued at US$ 5.2 Billion in 2024 and is projected to grow at a CAGR of 27.4% to reach US$ 47.4 Billion by 2034.

Aramid Fibers Market is segmented into Product, Application, End User, and Region.

Factors driving the market include increasing need in the automotive industry and growing demand in aerospace & defence.

Restraints of the Aramid Fibers Market include limited knowledge and adoption in specific sectors and moisture absorption.

Aramid Fibers Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Aramid Fibers Market include Teijin Ltd., Yantai Tayho Advanced Materials Co., E. I. du Pont de Nemours and Company (DowDuPont), Hyosung Corp., Toray Chemicals South Korea, Inc., Kermel S.A, Kolon Industries, Inc., Huvis Corp., China National Bluestar (Group) Co., Ltd., SRO Aramid (Jiangsu) Co., Ltd.