According to the recent study the aramid paper market is projected to reach an estimated $814.4 million by 2028 from $594.3 million in 2022, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.
Browse 72 figures/charts and 54 tables in this 113-page report to understand trends,
opportunities and forecast in aramid paper market by application (electrical
insulation, honeycomb, and others), product type (meta aramid paper and para
aramid paper), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
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on below link:
https://www.lucintel.com/aramid-paper-market.aspx
“Within the aramid paper market, the meta aramid paper segment is
expected to remain the largest product type.”
Based on product type
the meta aramid paper segment is expected to witness the highest growth over
the forecast period due to its attractive properties of inherent dielectric
strength, mechanical toughness, thermal stability, chemical compatibility,
cryogenic capabilities, radiation, and flame resistance.
“North America will dominate the aramid paper market in near
future.”
North America is
expected to remain the largest market and due to the increasing growth in the
end uses. APAC is expected to witness the highest growth over the forecast
period.
Download Brochure of this report by clicking on https://www.lucintel.com/aramid-paper-market.aspx.
Major players of aramid
paper market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. E.I. Du Pont de
Nemours, Teijin Aramid, Yantai Tayho Advanced Materials Co. Ltd., Shenzhen
LongPont Co. Ltd., and X-FIPER New Material Co., Ltd are among the major aramid
paper providers.
This unique research
report will enable you to make confident business decisions in this globally competitive
marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/aramid-paper-market.aspx or helpdesk@lucintel.com.
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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