global aramid fiber market 2015-2019
TRANSCRIPT
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Global Aramid Fiber Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The increased use of aramid fiber composites for safety and protection of people and its wide applications in the automobile and defense industries are some of the main factors driving the growth of the aramid fiber market. Major vendors in the market are investing significant resources in building up their R&D capabilities and are constantly evaluating various new materials and production technologies..”
• The need for high-performance materials that can substitute and outperform naturally occurring materials led to the rise of synthetic fibers. Some of the most prominent synthetic fibers are carbon fibers, polyester, glass fibers, and aramid fibers. Of the above, “aromatic amide” or “aramid” fiber stands out on account of its scope of application and performance relative to other fibers.
• Technavio's analysts forecast the global aramid fiber market to grow at a CAGR of 8.07% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Aramid Fiber Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of
vendors view our report:
Global Aramid Fiber Market 2015-2019
BASF
Celanese
DuPont
BASF operates in six business segments: Chemicals, Performance Products, Functional Materials and Solutions, Agricultural Solutions, Oil and Gas, and Others. The Chemicals segment comprises the Monomers, Petrochemicals, and Intermediates divisions.
Celanese was founded in 1918 and is headquartered in Irving, Texas, US. It is a specialty chemicals company that manufactures and sells thermoplastic polymers, value-added chemicals, and other chemical-based products.
The company broadly has 13 businesses which are assimilated into eight reportable segments based on the similar economic characteristics such as nature of the products and production processes, end-use markets, channels of distribution, and regulatory environment.
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Market Landscape
• The market is expected to grow at a fast pace during the forecast period, owing to the rapid expansion of the end-user segments.
• Aramid fibers are expected to substitute other commonly used fibers such as carbon, glass, and steel reinforcements, and hence are likely to gain a significant market size.
• The wide applications of aramid fiber in safety and protection, defense, aerospace, and automotive applications are further expected to contribute to market growth.
• High abrasion resistance, tensile strength, zero conductivity, low flammability, and the excellent heat and cut resistance properties of aramid fiber make it an ideal material for usage in various applications.
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Key Buying Criteria
• Authenticity • Delivery • Price• Service
Support
Parameters Details
Cost
Vendors should provide high-quality aramid fibers at affordable prices.
Availability Aramid fiber materials should be easily available to end-users.
Performance The aramid fiber should be durable and should be able to outperform or match its substitutes in various applications.
BrandBrand awareness and brand association play a significant role in evoking a positive consumer response toward the purchase of the product.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Aramid Fiber Market 2015-2019
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