Aramid Fiber Market to Reach USD 5.90 Bn by 2025 Predicts Grand View Research
16 November 2018
The global aramid fiber market is expected to reach USD 5.90 billion by 2025 due to the growing market for protective gear in various industries such as manufacturing, oil, gas, as well as the military.
Aramid fibers is a high-performance synthetic fiber which the molecules are connected by hydrogen bonds that transfers mechanical stress easily. They have low flammability, high strength, good resistance, no melting point are some of its advantageous characteristics of aramid fibers.
Due to the increasing demand for security and protection in workplace, aramid fibers is used in wide-scale application for safety purposes. Over 30% of aramid fiber produced is used for security and protection application in various industries. It is projected to play a key role in the market role for safety gear due to its high strength and rigid molecular structure.