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United States Meta and Para Aramid Market Size - By Product (Para-Aramid and Meta-Aramid), By By Application (Oil & gas, Health care and Manufacturing) & Region – Forecasts By 2022-2030

  • PUBLISHED ON
  • 1970-01-01
  • NO OF PAGES
  • 256
  • CATEGORY
  • Chemicals & Materials
and United States Meta and Para Aramid Market – Description
Meta aramids find application in various arena such as firefighting garments, flight suits, racing suits, on hot air balloons, and it is even used in paper form! These properties of meta-aramids make them fantastically suited for high-temperature applications, electrical applications, and chemical applications. On the other hand, the para-aramids display a higher degree of crystallinity which increases the fibre's strength. In fact, they are manufactured with a much higher tenacity of 23g/den. The meta-aramid's high resistance to heat makes it the perfect material for electrical insulation, protective gear and heat shields in vehicles.

United States Meta and Para Aramid Market – Overview
It is estimated for the Global and United States Meta and Para Aramid Market to witness growth at a CAGR of 6.2% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy CAGR even during the previous forecast period of 2018 to 2021.

Increasing product demand from different industries such as oil & gas, healthcare, manufacturing, and others due to the rigid government regulations with respect to workplace safety is forecasted to drive the market growth during the forecast period.

Also, the integration of advanced robotic systems in warehousing as per the trend of zero-labour warehousing in the U.S. is estimated to drive market growth. The rising demand for onshore and offshore drilling activities along with the increasing shale oil & gas industry is estimated to foster the product demand in the U.S. over the forecast period.

United States Meta and Para Aramid Market – Key Trends

Increase demand for Meta and Para-aramid in various industries to foster the market
Increasing product demand from different industries such as oil & gas, healthcare, manufacturing, and others due to the rigid government regulations with respect to workplace safety is forecasted to drive the market growth during the forecast period.

The integration of robotic systems to foster the market growth
The integration of advanced robotic systems in warehousing as per the trend of zero-labour warehousing in the U.S. is estimated to drive market growth. The rising demand for onshore and offshore drilling activities along with the increasing shale oil & gas industry is estimated to foster the product demand in the U.S. over the forecast period.

United States Meta and Para Aramid Market – Segmental Assessment

By Product
• Para-Aramid
• Meta-Aramid
It is estimated for the meta-aramid to boost the growth of the market during the forecast period..

By Application
• Oil & gas
• Health care
• Manufacturing
It is estimated for oil & gas segment to boost the growth of the market during the forecast period.

United States Meta and Para Aramid Market – Geographical Landscape
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.

United States Meta and Para Aramid Market – Competitive Hierarchy
Some of the key players operating in the aramid fiber market are Teijin Ltd., Yantai Tayho Advanced Materials Co, E. I. du Pont de Nemours and Company (DowDuPont), Hyosung Corp., Toray Chemicals South Korea, Inc., Kermel S.A, Kolon Industries, Inc., Huvis Corp., China National Bluestar (Group) Co., Ltd., SRO Aramid (Jiangzu) Co., Ltd.

Report Scope
Global and United States Meta and Para Aramid Market : Historical Years (2018 to 2021)
Global and United States Meta and Para Aramid Market CAGR 6.2%

Key Segments Reported
By Product (Para-Aramid and Meta-Aramid)
By Application (Oil & gas, Health care and Manufacturing)

Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World

Key players operating in the aramid fiber market are Teijin Ltd., Yantai Tayho Advanced Materials Co, E. I. du Pont de Nemours and Company (DowDuPont), Hyosung Corp., Toray Chemicals South Korea, Inc., Kermel S.A, Kolon Industries, Inc., Huvis Corp., China National Bluestar (Group) Co., Ltd., SRO Aramid (Jiangzu) Co., Ltd.

1.     Global United States Meta and Para Aramid Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  United States Meta and Para Aramid Market Definition & Description

1.3.  Global United States Meta and Para Aramid Market Scope and Market Estimation

1.3.1.     Global United States Meta and Para Aramid Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global United States Meta and Para Aramid Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Product of Global United States Meta and Para Aramid Market

1.4.2.     Application of Global United States Meta and Para Aramid Market

1.4.3.     Region of Global United States Meta and Para Aramid Market

 

2.     Executive Summary

2.1.  Global United States Meta and Para Aramid Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global United States Meta and Para Aramid Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global United States Meta and Para Aramid Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global United States Meta and Para Aramid Market Estimates & Forecast Trend Analysis, by Product

4.1.  Global United States Meta and Para Aramid Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Para-Aramid

4.1.2.     Meta-Aramid

 

5.     Global United States Meta and Para Aramid Market Estimates & Forecast Trend Analysis, by Application

5.1.  Global United States Meta and Para Aramid Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Oil & gas

5.1.2.     Health care

5.1.3.     Manufacturing

            

6.     Global United States Meta and Para Aramid Market Estimates & Forecast Trend Analysis, by Region

6.1.  Global United States Meta and Para Aramid Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

6.1.1.     North America

6.1.2.     Europe

6.1.3.     Asia Pacific

6.1.4.     Middle East & Africa

6.1.5.     South America

 

7.     North America United States Meta and Para Aramid Market: Estimates & Forecast Trend Analysis

7.1.  North America United States Meta and Para Aramid Market Assessments & Key Findings

7.1.1.     North America United States Meta and Para Aramid Market Introduction

7.1.2.     North America United States Meta and Para Aramid Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

7.1.2.1.  By Product

7.1.2.2.  By Application

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

 

8.     Europe United States Meta and Para Aramid Market: Estimates & Forecast Trend Analysis

8.1.  Europe United States Meta and Para Aramid Market Assessments & Key Findings

8.1.1.     Europe United States Meta and Para Aramid Market Introduction

8.1.2.     Europe United States Meta and Para Aramid Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Product

8.1.2.2.  By Application

8.1.2.3.      By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   Rest of Europe

 

9.     Asia Pacific United States Meta and Para Aramid Market: Estimates & Forecast Trend Analysis

9.1.  Asia Pacific Market Assessments & Key Findings

9.1.1.     Asia Pacific United States Meta and Para Aramid Market Introduction

9.1.2.     Asia Pacific United States Meta and Para Aramid Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.      By Product

9.1.2.2.      By Application

9.1.2.3.      By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   Rest of Asia Pacific

 

10.  Middle East & Africa United States Meta and Para Aramid Market: Estimates & Forecast Trend Analysis

10.1. Middle East & Africa Market Assessments & Key Findings

10.1.1.  Middle East & Africa United States Meta and Para Aramid Market Introduction

10.1.2.  Middle East & Africa United States Meta and Para Aramid Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Product

10.1.2.2.   By Application

10.1.2.3.   By Country

10.1.2.3.1.              U.A.E.

10.1.2.3.2.              Saudi Arabia

10.1.2.3.3.              Egypt

10.1.2.3.4.              South Africa

10.1.2.3.5.              Rest of Middle East & Africa

 

11.  South America United States Meta and Para Aramid Market: Estimates & Forecast Trend Analysis

11.1. South America Market Assessments & Key Findings

11.1.1.  South America United States Meta and Para Aramid Market Introduction

11.1.2.  South America United States Meta and Para Aramid Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Product

11.1.2.2.   By Application

11.1.2.3.   By Country

11.1.2.3.1.            Brazil

11.1.2.3.2.            Argentina

11.1.2.3.3.            Colombia

11.1.2.3.4.            Rest of South America

 

12.  Competition Landscape

12.1. Global United States Meta and Para Aramid Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

12.2. Global United States Meta and Para Aramid Market Concentration & Company Market Shares (%) Analysis, 2022

 

13.  Company Profiles

13.1.    Teijin Ltd.

13.1.1.     Company Overview & Key Stats

13.1.2.     Financial Performance & KPIs

13.1.3.     Product Portfolio

13.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

13.2.    Yantai Tayho Advanced Materials Co

13.3.    E. I. du Pont de Nemours and Company (DowDuPont)

13.4.    Hyosung Corp.

13.5.    Toray Chemicals South Korea Inc.

13.6.    Kermel S.A

13.7.    Kolon Industries Inc.

13.8.    Huvis Corp.

13.9.    China National Bluestar (Group) Co. Ltd.

13.10.  SRO Aramid (Jiangzu) Co. Ltd

13.11.  Others**

 

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

 

15.  Research Findings & Conclusion

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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