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

Aramid refers to an acronym for aromatic polyamide, which is available mainly in fiber and paper form. Aramid paper is available as insulation paper and structural materials paper. Aramid paper offers excellent strength, lightweight, low deformation, high-temperature resistance, electrical insulation, and corrosion and flame resistance. This makes these products well-suited for various applications across the 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 industries. Due to its superior advantage over various other counterparts, aramid paper has found immense adoption in the market over the course of time. Nevertheless, the availability of other materials that can serve the purpose at a 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 a major share of the global aramid paper market in 2015 and is expected to retain its position in the near future. Other applications are also expected to boost the high demand for aramid paper during the forecast period from 2016 to 2022. Asia Pacific accounted for 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, the superior advantages of aramid paper over other materials are another factor driving the growth of the global aramid paper market worldwide. Europe accounted for the second-largest market for aramid paper due to the growing demand for aramid paper from the energy and utility industries. The rising usage of honeycomb structures across different applications is another factor boosting the high demand for aramid paper in the global market. Hence, aramid paper is expected to experience high growth during the forecast period from a wide range of end-user industries worldwide.

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

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 to make informed strategic decisions regarding the opportunities in the global aramid paper market.

Target Audience

  • Industry Investors
  • Aramid paper providers and vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers and Buyers
  • Product Suppliers and Buyers
  • Research Institutes

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 of 2016–2022. The said research study covers an in-depth analysis of multiple market segments based on applications and a 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 the latest developments. Other in-depth analyses provided in the report include:

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

Frequently Asked Questions:

The market for Aramid Paper Market is expected to reach US$ 808.8 Mn in 2022.

The Aramid Paper Market is expected to see significant CAGR growth over the coming years, at 4.7%.

The report is forecasted from 2016-2022.

The base year of this report is 2015.

DuPont 46,Shenzhen Longpont Co., Ltd. 48,TEIJIN ARAMID B.V. 49,SRO Aramid (Jiangsu) Co. 50,Yantai Tayho Advanced Materials Co., Ltd. 51 are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2016
Category:  Chemicals
Report ID:   58088
Report Format:   PDF
Pages:   120
Rating:    4.4 (65)
Delivery Time: 24 Hours to 48 Hours   
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