Opportunities for the Para Aramid Fiber Market in the United States


Posted November 3, 2020 by hiteshchawra

Opportunities for the Para Aramid Fiber Market in the United States

 
"According to a new country report published by Lucintel, the future of the para aramid fiber market in the United States looks promising with opportunities in the frictional materials, protection, electrical transmission, safety garments, rubber reinforcement, tire reinforcement, and oil and gas industries. The para aramid fiber market in the United States is primarily driven by increasing usage of para aramid fiber in brake pads, clutches, gaskets, linings, and tires in automotive and the growing demand for protective clothing in defense and industrial sectors.

This report studies factors affecting the para aramid fiber market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that filament yarn will remain the largest segment by value and it is also expected to witness the highest growth over the forecast period due to increasing demand for protective clothing in the military and stringent regulations. Within the para aramid fiber market in the United States, frictional materials will remain the largest application by value due to growing penetration of para aramid fiber in brake pads and gasket as an alternative material to asbestos in automotive industry.

Emerging trend, which has a direct impact on the dynamics of the industry, includes development of new para aramid fabric which protects structures from airborne volcanic fragments.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the para aramid fiber market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Para Aramid Fiber Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the para aramid fiber market in the United States by application and product as follows:

Para Aramid Fiber Market by Application:
• Frictional Materials
• Protection
• Electrical Transmission
• Rubber Reinforcement
• Tire Reinforcement
• Oil and Gas
• Others

Para Aramid Fiber Market by Product:
• Filament Yarn
• Short Fibers
• Pulp
• Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-para-aramid-fiber.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Issued By Hitesh
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Categories Aerospace , Architecture , Blogging
Last Updated November 3, 2020