Aramid Fiber Market Overview

The Global Aramid Fiber Market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is the largest region in the global aramid fiber market owing to the high growth pace of industrial and defense sectors. This drives the demand for protective clothing, thereby, propelling the aramid fiber market growth. The high production and exports of automotive in countries such as India, China, and Japan are expected to fuel the market growth. The extensive use of the product in electrical insulation of consumer goods is also influencing the market growth in Asia Pacific region. The demand for strong, lightweight, and safe automotive and consumer goods and the high disposable income has augmented the market growth.

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Key Players

TEIJIN LIMITED
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