The global aramid fiber market was valued at USD 4.09 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. Several factors are driving this growth, particularly the rising demand for aramid fibers from a variety of industries such as oil & gas, healthcare, and manufacturing. This surge in demand can be largely attributed to...

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...