The global Aramid Fiber Reinforced Polymer (AFRP) market was valued at 1499.68 Million USD in 2021 and will grow with a CAGR of 2.7% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Aramid fiber reinforced polymer is a mixture of aramid fibers and polymers called matrixes. This technique increases the tensile strength and flexural modulus of the composite. These fibers also increase the heat deflection temperature of a material as well as cause it to resist shrinkage and warping.North America and Europe are the main consumption regions due to the bigger demand of downstream applications. In 2018, these two regions occupied 73.93% of the consumption volume in total.

By Market Verdors:

DuPont

Teijin

Advanced Composites

Lanxess

TenCate

Celanese

PolyOne

AXIA Materials

Lingol

Protech

Lengine

By Types:

Thermoplastic

Thermoset

By Applications:

Sport Goods

Aircrafts

Military

Vehicles

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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