Lucintel Forecasts Aramid Paper Market To Reach $739 Million By 2030

By Author: Lucintel LLC
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According to the recent study the aramid paper market is projected to reach an estimated $739 million by 2030 from $544 million in 2023 at a CAGR of 4% from 2023 to 2030. 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).
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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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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