Dallas, Texas (PRWEB) July 08, 2015
Global Aramid Fiber Market 2015-2019 report is a thorough study of all the existent aspects of the Aramid Fiber industry. Beginning with an executive summary and scope of the report, all major phases of the industry including market trends and business forecast 2015-1019 is incorporated. The report also essences the market segmentation based on the following factors:
- End-use (ballistic gears, construction, defense equipment, aerospace gears, automotive, sports utility goods, electrical appliances and others)
- Geography (North America, EMEA, APAC and ROW)
- Type (para-aramid, meta-aramid, and others)
The Global Aramid Fiber Market 2015-2019 report spreads across 100 pages and provides 48 Exhibits. Browse the complete report at http://www.reportsnreports.com/reports/403579-global-aramid-fiber-market-2015-2019.html.
Further, the report includes comprehensive discussion on the market trends, classification based on application, geography and types. Then, it explores through the current market landscape and the potential market growth in the coming years. The next few sections comprise a discussion of the key vendors of the Aramid Fiber industry and a detailed explanation of the market’s competitive nature using Porter’s generic strategies.
The following companies are the key players in the Global Aramid Fiber Market: BASF, Celanese, Du Pont, Kolon, Solvay and Teijin.
Other Prominent Vendors in the market are: Banco, Bosch, GKN Aerospace, Honeywell, Hyosung, Magna and Valeo.
The recent growth in the demand of high-performance synthetic fiber has offered an extensive scope to the Global Aramid Fiber Industry. Amongst the list of competitors like carbon fibers, polyester and glass fibers, this fiber has taken-over the market with its widespread application scope, durability and high-performance compared to any other synthetic fiber. Also, the multiple availability options of Aramid Fiber like powder, fiber and pulp have widened-up its potential market. It is gaining bulk acceptance by the military equipment industry and the aerospace industry because of its higher weight-to-strength ration than metal. It is 20% lighter as compared to conventional material, enhancing fuel efficiency of armored vehicles, the agility and maneuverability without compromising on safety. The various other properties like toughness, stiffness, and excellent fatigue capacity along with abrasion resistance have opened-up its scope of application in the development of various aircraft components.
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Based on an acute market analysis by industry experts, the Global Aramid Fiber Market estimates a growth rate of CAGR 8.07% with-in the period of 2015-2020. Intense research for proficient production techniques and competent business strategies is instigated by existent vendors of the industry in various geographies. The solitary necessity of the R&D is to cope-up and tackle the monopolistic market conditions held by the various giants of the industry. The high-end competition and the vigorously rising demand by the end-user industries are likely to have a substantial influence on the Aramid Fiber industry within the forecast period. Also, the estimated growth of the global defense and aerospace industry is likely to generate few more market opportunities in the Global Aramid Fiber Market with-in the forecast period (2015-2019)
Some of the other key-features of the Global Aramid Fiber Market 2015-2019 report are:
- Market Drivers – Growth of Nano materials
- Market Challenges – Limited Number of Patents
- Market Trends – Establishment of Lightweight Aramid Fibers in Vehicle Armors
- SWOT Analysis of key vendors
- Vendor Landscape
Lastly, the report concludes with elaborating all the important aspects of the market and giving a complete overview of the entire Aramid Fiber Industry.
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