NEW YORK, July 20, 2021 /PRNewswire/ –Technavio has announced its latest market research report titled aramid fiber market by end-user and geography. The aramid fiber market from the Materials industry will showcase Mixed impact due to the pandemic. With rising cases of infections worldwide and gradually recovering economic activities across the globe, the aramid fiber market demand will show Neutral & At par growth during the next few years.
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The aramid fiber market is driven by increasing demand from emerging economies. The growth of the market will further be accelerating due to the increasing investment in the defense industry. However, slower adoption in emerging applications might impact the market growth adversely during the forecast period.
Find report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/aramid-fiber-market-industry-analysis
Major Five Aramid Fiber Companies:
- Aramid Hpm LLC
- Arrow Technical Textiles Pvt. Ltd.
- Auburn Manufacturing Inc.
- Beaver Manufacturing Co.
- DuPont de Nemours Inc.
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Aramid Fiber Market End-user Outlook (Revenue, USD bn, 2020-2025)
- Automotive – size and forecast 2020-2025
- Aerospace and defense – size and forecast 2020-2025
- Electrical and electronics – size and forecast 2020-2025
- Others – size and forecast 2020-2025
Aramid Fiber Market Geography Outlook (Revenue, USD bn, 2020-2025)
- Europe – size and forecast 2020-2025
- North America – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- South America – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
Related Reports on Materials Include:
Acrylic Fibers Market by Type and Geography – Forecast and Analysis 2021-2025
Anionic Surfactants Market by Application and Geography – Forecast and Analysis 2021-2025
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