Aramid Fiber is man-made high-performance fiber, with molecules that are characterized by relatively rigid polymer chains. These molecules are linked by strong hydrogen bonds that transfer mechanical stress very efficiently, making it possible to use chains of relatively low molecular weight. Aramid fibers are a class of heat-resistant and strong synthetic fibers. They are used in aerospace and military applications, for ballistic-rated body armor fabric and ballistic composites, in bicycle tires, and as an asbestos substitute. The name is a portmanteau of "aromatic polyamide". They are fibers in which the chain molecules are highly oriented along the fiber axis, so the strength of the chemical bond can be exploited.
The Aramid industry consumption distribution is mainly focused on USA with 30%, Europe with 33% and China with 17%.
Dupont and Teijin are the main manufacturers of Aramid, they hold about 70% of the market share.

Market Analysis and Insights: Global Aramid Market
In 2020, the global Aramid market size was US$ 4427.8 million and it is expected to reach US$ 4982.4 million by the end of 2027, with a CAGR of 1.7% during 2021-2027.
Global Aramid Scope and Market Size
Aramid market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Aramid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Aramid market is segmented into
Para-aramid Fibers
Meta-aramid Fibers

Segment by Application, the Aramid market is segmented into
Body Armor & Helmet
Aerospace Materials
Sports Materials
Tire
High Strength Rope
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Aramid Market Share Analysis
Aramid market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Aramid product introduction, recent developments, Aramid sales by region, type, application and by sales channel.

The major companies include:
DuPont
Teijin
JSC Kamenskvolokno
Kolon
Hyosung
Huvis
TAYHO
Bluestar
Sinopec Yizheng Chemical Fibre
Guangdong Charming
Hebei Silicon Valley Chemical
Zhaoda Specially Fiber
SRO