Home / Chemicals / Aramid Paper Market By Application (Communication Equipment, Honeycomb Core, Electrical Insulations) - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2022

Aramid Paper Market By Application (Communication Equipment, Honeycomb Core, Electrical Insulations) - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2022

Published: Sep 2016 | Report Code: 58088-09-16

Aramid refers to an acronym of aromatic polyamide used for available mainly in fibers and paper form. Aramid paper is available as insulation paper and structural materials paper. Aramid paper offers excellent strength, light weight, low deformation, high temperature resistance, electrical insulation and corrosion and flame resistance. This makes these products well suited for various applications across electrical and industrial sectors. Aramid paper is popularly used in electric insulation, communication equipment and honeycomb structures. The aramid paper market is majorly driven by the overall rising aerospace and electrical industry. Due to superior advantage over various other counterparts, aramid paper has found immense adoption in the market over the period of time. Nevertheless, availability of other materials that can serve the purpose with reduced cost may significantly hamper the market growth in the coming years.

Based on applications, the global aramid paper market was segmented into communication equipment, honeycomb core and electrical insulation. Among these, electrical insulation accounted for major share of global aramid paper market in 2015 and is expected to retain its position in the near future. Other applications are also expected to boost high demand for aramid paper during the forecast period from 2016 to 2022. Asia Pacific accounted as the largest market for aramid paper and is expected to retain its position in the near future. Growing demand for aramid paper from the electrical industry in the region has led to high growth of global aramid paper in the market. In addition, superior advantages of aramid paper over other materials is another factor driving the growth of global aramid paper market worldwide. Europe accounted as the second largest market for aramid paper due to growing demand for aramid paper from energy and utility industry. Rising usage of honeycomb structures across different applications is another factor boosting high demand for aramid paper in the global market. Hence, aramid paper is expected to experience high growth during the forecast period from wide range of end-user industries worldwide.

Aramid paper market is expected to reach US$ 808.8 Mn by 2022, growing at a CAGR of 4.7% during the forecast period 2016-2022.

Aramid Paper Market


Purpose of the Report

The purpose of this strategic research study titled “Global Aramid paper Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global aramid paper market.

Target Audience

  • Industry Investors
  • Aramid paper Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Aramid paper Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2022” offers strategic insights into the global aramid paper market along with the market size and estimates for the duration 2016 to 2022. The said research study covers in-depth analysis of multiple market segments based on applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading aramid paper vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within aramid paper industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global aramid paper market, of growth, offering market size and estimates for the period from 2016 to 2022, keeping in mind the above mentioned factors.

Chapter 1 Preface 11
1.1 Report Description 11
1.1.1 Purpose of the Report 11
1.1.2 Target Audience 11
1.1.3 USP and Key Offerings 11
1.2 Research Scope 12
1.3 Market Segmentation 13
1.4 Research Methodology 13
1.4.1 Phase I – Secondary Research 14
1.4.2 Phase II – Primary Research 14
1.4.3 Phase III – Expert Panel Review 15
1.4.4 Approach Adopted 15

Chapter 2 Executive Summary 16
2.1 Market Snapshot: Global Aramid Paper Market 16
2.2 Global Aramid Paper Market, By Application 17
2.3 Global Aramid Paper Market, By Geography 18

Chapter 3 Market Dynamics 19
3.1 Introduction 19
3.1.1 Global Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 19
3.2 Market Drivers 20
3.2.1 Growing Energy & Utility Industry Worldwide 20
3.2.2 Rising Usage of Honeycomb Structures Across Different Applications 21
3.2.3 Superior Advantages of Aramid Paper over Other Materials 21
3.3 Market Growth Inhibitors 22
3.3.1 Availability of Substitutes for Aramid Paper 22
3.4 Opportunities 22
3.4.1 Paper Batteries Based on Aramid Paper 22
3.4.1.1 Impact Analysis of Drivers and Restraints 23
3.5 Attractive Investment Proposition 23
3.6 Competitive Analysis 24
3.6.1 Market Positioning of Key Companies 24

Chapter 4 Global Aramid Paper Market Analysis, By Application 26
4.1 Overview 26
4.2 Communication Equipment 27
4.2.1 Global Aramid Paper Market Revenue for Communication Equipment, 2014–2022 (US$ Mn) 28
4.3 Honeycomb Core 28
4.3.1 Global Aramid Paper Market Revenue for Honeycomb Core, 2014–2022 (US$ Mn) 29
4.4 Electrical Insulations 29
4.4.1 Global Aramid Paper Market Revenue for Electrical Insulations, 2014–2022 (US$ Mn) 30

Chapter 5 North America Aramid Paper Market Analysis 31
5.1 Overview 31
5.1.1 North America Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 31
5.2 North America Aramid Paper Market Analysis, By Application, 2014–2022 (US$ Mn) 32
5.3 North America Aramid Paper Market Analysis, By Country, 2014 – 2022, (US$ Mn) 32
5.3.1 U.S. 32
5.3.1 Canada 33

Chapter 6 Europe Aramid Paper Market Analysis 34
6.1 Overview 34
6.1.1 Europe Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 34
6.2 Europe Aramid Paper Market Analysis, By Application, 2014–2022 (US$ Mn) 35
6.3 Europe Aramid Paper Market Analysis, By Country, 2014–2022 (US$ Mn) 35
6.3.1 Germany 35
6.3.2 UK 36
6.3.3 Rest of Europe 36

Chapter 7 Asia Pacific Aramid Paper Market Analysis 38
7.1 Overview 38
7.1.1 Asia Pacific Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 38
7.2 Asia Pacific Aramid Paper Market Analysis, By Application, 2014–2022 (US$ Mn) 39
7.3 Asia Pacific Aramid Paper Market Analysis, By Country, 2014–2022 (US$ Mn) 39
7.3.1 China 39
7.3.2 Japan 40
7.3.1 Rest of Asia Pacific 41

Chapter 8 Latin America Aramid Paper Market Analysis 42
8.1 Overview 42
8.1.1 Latin America Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 42
8.2 Latin America Aramid Paper Market Analysis, By Application, 2014–2022 (US$ Mn) 43

Chapter 9 Middle East & Africa Aramid Paper Market Analysis 44
9.1 Overview 44
9.1.1 Middle East & Africa Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 44
9.2 Middle East & Africa Aramid Paper Market Analysis, By Application, 2014 – 2022, (US$ Mn) 45

Chapter 10 Company Profiles 46
10.1 DuPont 46
10.1.1 DuPont: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 46
10.2 Shenzhen Longpont Co., Ltd. 48
10.2.1 Shenzhen Longpont Co., Ltd: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 48
10.3 TEIJIN ARAMID B.V. 49
10.3.1 Teijin Aramid B.V.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 49
10.4 SRO Aramid (Jiangsu) Co. 50
10.4.1 SRO Aramid (Jiangsu) Co: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 50
10.5 Yantai Tayho Advanced Materials Co., Ltd. 51
10.5.1 Yantai Tayho Advanced Materials Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 51
10.6 Coveme spa 52
10.6.1 Coveme spa: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 52
10.7 Liren Electrical Insulation Materials PTE Ltd. 53
10.7.1 Liren Electrical Insulation Materials PTE Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 53
10.8 WJF Chemicals Co., Ltd 54
10.8.1 WJF Chemicals Co., Ltd: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 54


List of Figures

FIG. 1 Global Aramid Paper: Market Segmentation 13
FIG. 2 Global Aramid Paper Market: Research Methodology 14
FIG. 3 Global Aramid Paper Market, By Application, 2015 (US$ Mn) 17
FIG. 4 Global Aramid Paper Market, By Geography, 2014-2022 (US$ Mn) 18
FIG. 5 Global Aramid Paper Market Revenue and Growth, 2014–2022 (US$ Mn) 19
FIG. 6 Global Energy Consumption (Quadrillion British Units) 20
FIG. 7 Attractive Investment Proposition 24
FIG. 8 Market Positioning of Key Aramid Paper Companies, 2015 25
FIG. 9 Global Aramid Paper Market Revenue, By Application, 2015 & 2022 (US$ Mn) 27
FIG. 10 Global Aramid Paper Market Revenue for Communication Equipment, 2014 – 2022 (US$ Mn) 28
FIG. 11 Global Aramid Paper Market Revenue for Honeycomb Core, 2014–2022 (US$ Mn) 29
FIG. 12 Global Aramid Paper Market Revenue for Electrical Insulations, 2014–2022 (US$ Mn) 30
FIG. 13 North America Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 31
FIG. 14 Europe Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 34
FIG. 15 Asia Pacific Aramid Paper Market Revenue, 2014 – 2022 (US$ Mn) 38
FIG. 16 Latin America Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 42
FIG. 17 Middle East & Africa Aramid Paper Market Revenue, 2014–2022 (US$ Mn) 44


List of Tables

TABLE 1 Market Snapshot: Global Aramid Paper Market 16
TABLE 2 Impact Indicators 23
TABLE 3 Impact Analysis of Drivers and Restraints 23
TABLE 4 North America Aramid Paper Market Revenue, By Application, 2014–2022, (US$ Mn) 33
TABLE 5 U.S. Aramid Paper Market Revenue, By Application, 2014 – 2022, (US$ Mn) 34
TABLE 6 Canada Aramid Paper Market Revenue, By Application, 2014 – 2022, (US$ Mn) 34
TABLE 7 Europe Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 36
TABLE 8 Germany Aramid Paper Market Revenue, By Application, 2014 – 2022, (US$ Mn) 37
TABLE 9 UK Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 37
TABLE 10 Rest of Europe Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 38
TABLE 11 Asia Pacific Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 40
TABLE 12 China Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 41
TABLE 13 Japan Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 41
TABLE 14 Rest of Asia Pacific Aramid Paper Market Revenue, By Application, 2014–2022 (US$ Mn) 42
TABLE 15 Latin America Aramid Paper Market, By Application, 2014–2022 (US$ Mn) 44
TABLE 16 Middle East & Africa Aramid Paper Market, By Application, 2014–2022 (US$ Mn) 46
TABLE 17 DuPont: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 47
TABLE 18 Shenzhen Longpont Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 49
TABLE 19 Teijin Aramid B.V: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 50
TABLE 20 SRO Aramid (Jiangsu) Co: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 51
TABLE 21 Yantai Tayho Advanced Materials Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 52
TABLE 22 Coveme spa: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 53
TABLE 23 Liren Electrical Insulation Materials PTE Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 54
TABLE 24 WJF Chemicals Co., Ltd: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage) 55

 

On the basis of its application, the aramid paper market is categorized into following segments:

  • Communication Equipment
  • Honeycomb Core
  • Electrical Insulations

Aramid Paper Market


Aramid is generally known as synthetic aromatic polyamide polymer. Aramid paper is manufactured using two forms which include small fibrous binder particles which are known as fibrids which are mixed with short fibers that are known as floc. Aramid paper is also known as an insulation paper which offers high inherent dielectric strength, flexibility, mechanical toughness and resilience. These properties of aramid paper have led to high demand from large number of end-user industries in the market. Among the above stated applications of aramid paper, electrical insulations accounted for major share of globa aramid paper market in 2015 and is expected to increase in the near future. Since 50 years, aramid paper has been used for wide range of electrical application to avoid premature failures. Aramid paper is used as electrical insulation to increase and improve the performance and integrity of their products such as generators, motors, wind turbines, etc. Aramid paper is also used to manufacture wide range of electrical components which are further used in end-user industries in the market. Therefore, high demand is reported for aramid paper from the electric & electronic industries in the market. Other applications such as honeycomb core and communication equipments are also anticipated to boost high demand for aramid paper in the market during the forecast period from 2015 to 2022.

 

On the basis of geography, the global aramid paper market is segmented into following categories,

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • UAE
    • Israel
    • Rest of Middle East & Africa

Aramid Paper Market


Asia Pacific accounted for major share of global aramid paper market in 2015. The region accounted for more than 42.0% share of global aramid paper market and is expected to increase in the near future. Growing demand from various end-user industries across the globe has led to high demand for aramid paper in the market. Increasing demand from the electrical industries is expected to boost high demand for aramid paper in the region. Aramid paper is used as electrical insulation to increase and improve the performance and integrity of their products such as generators, motors, wind turbines, etc. Aramid paper is also used to manufacture wide range of electrical components which are further used in end-user industries in the market. Hence, high consumption of aramid paper is expected from the Asia Pacific, thereby boosting growth of global aramid paper market. Europe accounted as the second largest market for aramid paper in 2015. High demand from communication equipment sector in the region and from the electronic industry are the major factors driving the growth of global aramid paper in the region. Other regions which include North America, Latin America and Middle East & Africa are also anticipated to fuel high demand for aramid paper in the near future.

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