Aramid Fiber Reinforcement Materials Market Analysis and Industry Forecast, 2014-2022
Aramid fibers are synthetic fibers with exceptional heat-resistance and strength. Due to their high strength and heat resistant properties, aramid fibers are widely used in the aerospace & defense industry and safety equipment industry for making ballistic body armors, helmets, sporting goods, and other protective clothing. Aramid fiber were first developed and commercialized by DuPont in 1960s, under the brand name Nomex.
Aramid fibers are synthetic fibers with exceptional heat-resistance and strength. Due to their high strength and heat resistant properties, aramid fibers are widely used in the aerospace & defense industry and safety equipment industry for making ballistic body armors, helmets, sporting goods, and other protective clothing. Aramid fiber were first developed and commercialized by DuPont in 1960s, under the brand name Nomex.
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ARAMID FIBER REINFORCEMENT<br />
MATERIALS MARKET OVERVIEW<br />
<strong>Aramid</strong> fiber reinforcement materials market was valued at $2,680 million in 2015, <strong>and</strong> is<br />
projected to reach $4,813 million by <strong>2022</strong>, growing at a CAGR of 8.8% from 2016 to <strong>2022</strong>.<br />
The factors that drive the global aramid fiber reinforcement materials market include<br />
growth in dem<strong>and</strong> from the consumer goods & defense sector <strong>and</strong> exceptional properties<br />
of aramid fiber such as heat resistance <strong>and</strong> strength.<br />
Due to their high strength <strong>and</strong> heat resistant properties, aramid fibers are widely used in<br />
the aerospace & defense industry <strong>and</strong> safety equipment industry for making ballistic body<br />
armors, helmets, sporting goods, <strong>and</strong> other protective clothing.<br />
The para-aramid fiber segment accounted for the highest market share in 2015, owing to<br />
the high tenacity, high tensile modulus, <strong>and</strong> high heat resistance of para-aramid fibers.<br />
Increase in concern for health <strong>and</strong> safety of defense personnel & industrial employees, <strong>and</strong><br />
dem<strong>and</strong> from industries such as automotive, rubber reinforcement, telecommunication,<br />
<strong>and</strong> advanced material composites drive the market growth for para-aramid fibers.<br />
ead more: https://www.alliedmarketresearch.com/breast-pump-market
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