Aramid Fiber Industry The global aramid fiber market size is expected to reach USD 6.98 billion by 2030, registering a CAGR of 8.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Superior properties, such as strength and heat-resistance, of aramid fiber have promoted its utilization in the production of body armor fabric. The growing need for security...

Aramid Fiber Industry The global aramid fiber market size was estimated at USD 4.09 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. Rising product demand from various industries, such as oil & gas, healthcare, and manufacturing, owing to stringent government regulations related to workplace safety is estimated to fuel market growth...

The global aramid fiber market was valued at USD 4.09 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. This robust growth is primarily driven by increasing demand from various key industries, including oil & gas, healthcare, and manufacturing. The surge in demand for aramid fibers can largely be attributed to the rising...