According to a market report by Lucintel, the future of the global aramid paper market looks promising with opportunities in the electrical insulation and honeycomb application. The global aramid paper market is expected to grow with a CAGR of 4% from 2024 to 2031. 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.
A more than 150-page
report to understand trends, opportunity and forecast in global aramid paper
market by application (electrical insulation, honeycomb, and other
applications), product type (meta aramid paper and para aramid paper), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Meta aramid paper is
expected to remain the largest market by value and volume and it is also
expected to witness 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.
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aramid paper market.
Europe 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.
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 the major suppliers in the aramid
paper market.
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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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