Report Code : CVMI2412265 | Published Date : March 3, 2025

The global Aramid Fiber Market was valued at 5.2 billion in 2023 and is projected to reach 9.8 billion by 2031, growing at a CAGR of 8.3%. The market is being reshaped by EV battery safety demands, recyclable material innovations, and geopolitical supply chain shifts.

2024 Market Breakthroughs

  • EV Battery Protection:
    • Teijin's Twaron® SF prevents thermal runaway in 800V battery packs, adopted by three major OEMs.
    • DuPont's Kevlar® EXO reduces battery enclosure weight by 40% compared to steel.
  • Circular Economy Solutions:
    • Toray's EcoCycle™ achieves 98% purity in recycled aramid fiber.
    • Hyosung's Tera™ uses 30% bio-based monomers from plant oils.
  • Military Tech Advancements:
    • DSM's Dyneema® HB26 stops 7.62mm rounds at half the weight of Kevlar®.
    • China's Bluestar develops ballistic aramid for hypersonic missile shielding.

Market Drivers

1. EV Safety Regulations

  • UN GTR 20 mandates 5-minute thermal runaway protection by 2025.
  • Tesla Cybertruck uses 12kg of aramid per battery pack.

2. Supply Chain Localization

  • US DoD bans Chinese-sourced aramid for military gear (2024).
  • EU's Critical Raw Materials Act funds 2 new European production plants.

3. Performance Demands

  • 5G require aramid reinforcements for lightweight radomes.
  • The Airbus A320neo uses 20% more aramid compared to the previous generation for fuel savings.

Competitive Landscape

Company

Market Share

Flagship Innovation

Strategic Edge

DuPont

35%

Kevlar® EXO for EVs

IP portfolio dominance

Teijin

XX%

Twaron® SF battery solutions

Asian OEM partnerships

Hyosung

XX%

Tera™ bio-aramid

Cost leader

Emerging Disruptors:

  • Aramidic: AI-optimized fiber spinning (Series B: $60M).
  • Echandia: Marine battery shields using recycled aramid.

Market Segmentation

  • By Product:
    • Para-aramid (XX%): Ballistics, EVs dominate.
    • Meta-aramid (XX%): Firefighting gear growing at 9% CAGR.
  • By Application:
    • EV Batteries (25%): The fastest-growing segment (22% CAGR).
    • Military (XX%): Body armor, vehicle armor.
    • Industrial (XX%): Hoses, cables.
  • By Region:
    • Asia-Pacific (45%): Chinese EV production hub.
    • North America (XX%): Military and EV demand.
    • Europe (XX%): Airbus/automotive focus.

Recent Developments (2024)

  • May 2024: Tesla signs USD 200 Mn deal with Teijin for Cybertruck battery shields.
  • July 2024: EU approves Euro 500 Mn for bio-aramid R&D.




Reasons To Buy

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Scope

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Key Players

  • Aramid Fiber Market – Teijin Limited
  • DuPont de Nemours Inc.
  • Yantai Tayho Advanced Materials Co. Ltd.
  • Hyosung Corporation
  • Kolon Industries Inc.
  • China National Bluestar (Group) Co. Ltd.
  • Toray Industries Inc.
  • Kermel S.A.
  • Huvis Corporation
  • SRO Aramid Co. Ltd.

 

Global Aramid Fiber Market Report

  1. 1. Global Aramid Fiber Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Global Aramid Fiber Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
    2. Global Aramid Fiber Market Research Report - Preface
    1. 2.1 Global Aramid Fiber Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Type
      2. 2.1.2 By Application
      3. 2.1.3 By Region
    3. Global Aramid Fiber Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Type, By Application, By Country
    3. 3.3. Opportunities – By Type, By Application, By Country
    4. 3.4. Trends – By Type, By Application, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Global Aramid Fiber Market Research Report – DROTs Impact Analysis
    4. Global Aramid Fiber Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. Global Aramid Fiber Market, By Type, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 5.1 Para-aramid
      1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 5.2 Meta-aramid
      1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Global Aramid Fiber Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 6.1 Aerospace & Defense
      1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 6.2 Automotive
      1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 6.3 Industrial
      1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 6.4 Electrical
      1. 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. 6.5 Others.
      1. 6.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. Global Aramid Fiber Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
    1. 7.1 North America
      1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 7.2 Europe
      1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 7.3 Asia-Pacific
      1. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 7.4 Latin America
      1. 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. 7.5 Middle East & Africa
      1. 7.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 7.6 Global Aramid Fiber Market - Opportunity Analysis Index, By Type, By Application, and Region, 2024 - 2031
    8. North America Aramid Fiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 8.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.1.1 Para-aramid
      2. 8.1.2 Meta-aramid
      8.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.2.1 Aerospace & Defense
      2. 8.2.2 Automotive
      3. 8.2.3 Industrial
      4. 8.2.4 Electrical
      5. 8.2.5 Others.
      8.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 8.3.1 United States
      2. 8.3.2 Canada
      8.4 North America Global Aramid Fiber Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
      8.5 Regional Trends Analysis
      8.6 North America Global Aramid Fiber Market Research Report - Company Profiles
      1. 8.6.1 Company 1 (United States)
      2. 8.6.2 Company 2 (Canada)
      3. 8.6.3 Company 3 (Canada)
    9. Europe Aramid Fiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 Para-aramid
      2. 9.1.2 Meta-aramid
      9.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Aerospace & Defense
      2. 9.2.2 Automotive
      3. 9.2.3 Industrial
      4. 9.2.4 Electrical
      5. 9.2.5 Others.
      9.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Germany
      2. 9.3.2 United Kingdom
      3. 9.3.3 France
      4. 9.3.4 Spain
      5. 9.3.5 Italy
      6. 9.3.6 Russia
      7. 9.3.7 Netherlands
      8. 9.3.8 Poland
      9. 9.3.9 Rest of Europe
      9.4 Europe Global Aramid Fiber Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
      9.5 Regional Trends Analysis
      9.6 Europe Global Aramid Fiber Market Research Report - Company Profiles
      1. 9.6.1 Company 1 (Germany)
      2. 9.6.2 Company 2 (United Kingdom)
      3. 9.6.3 Company 3 (United Kingdom)
    10. Asia-Pacific Aramid Fiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 Para-aramid
      2. 10.1.2 Meta-aramid
      10.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Aerospace & Defense
      2. 10.2.2 Automotive
      3. 10.2.3 Industrial
      4. 10.2.4 Electrical
      5. 10.2.5 Others.
      10.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 China
      2. 10.3.2 Japan
      3. 10.3.3 India
      4. 10.3.4 South Korea
      5. 10.3.5 Australia & NZ
      6. 10.3.6 ASEAN
      7. 10.3.7 Rest of Asia-Pacific
      10.4 Asia-Pacific Global Aramid Fiber Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
      10.5 Regional Trends Analysis
      10.6 Asia-Pacific Global Aramid Fiber Market Research Report - Company Profiles
      1. 10.6.1 Company 1 (China)
      2. 10.6.2 Company 2 (Japan)
      3. 10.6.3 Company 3 (Japan)
    11. Latin America Aramid Fiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 Para-aramid
      2. 11.1.2 Meta-aramid
      11.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Aerospace & Defense
      2. 11.2.2 Automotive
      3. 11.2.3 Industrial
      4. 11.2.4 Electrical
      5. 11.2.5 Others.
      11.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Brazil
      2. 11.3.2 Mexico
      3. 11.3.3 Argentina
      4. 11.3.4 Peru
      5. 11.3.5 Colombia
      6. 11.3.6 Rest of Latin America
      11.4 Latin America Global Aramid Fiber Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
      11.5 Regional Trends Analysis
      11.6 Latin America Global Aramid Fiber Market Research Report - Company Profiles
      1. 11.6.1 Company 1 (Brazil)
      2. 11.6.2 Company 2 (Mexico)
      3. 11.6.3 Company 3 (Mexico)
    12. Middle East & Africa Aramid Fiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 Para-aramid
      2. 12.1.2 Meta-aramid
      12.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Aerospace & Defense
      2. 12.2.2 Automotive
      3. 12.2.3 Industrial
      4. 12.2.4 Electrical
      5. 12.2.5 Others.
      12.3 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Saudi Arabia
      2. 12.3.2 UAE
      3. 12.3.3 South Africa
      4. 12.3.4 Egypt
      5. 12.3.5 Israel
      6. 12.3.6 Rest of Middle East and Africa
      12.4 Middle East & Africa Global Aramid Fiber Market – Opportunity Analysis Index, By Type, By Application, and Country, 2024 - 2031
      12.5 Regional Trends Analysis
      12.6 Middle East & Africa Global Aramid Fiber Market Research Report - Company Profiles
      1. 12.6.1 Company 1 (Saudi Arabia)
      2. 12.6.2 Company 2 (UAE)
      3. 12.6.3 Company 3 (UAE)
    13. Competition Landscape
    1. 13.1 Strategic Dashboard of Top Market Players
      13.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 13.2.1 Aramid Fiber Market – Teijin Limited
      2. 13.2.2 DuPont de Nemours Inc.
      3. 13.2.3 Yantai Tayho Advanced Materials Co. Ltd.
      4. 13.2.4 Hyosung Corporation
      5. 13.2.5 Kolon Industries Inc.
      6. 13.2.6 China National Bluestar (Group) Co. Ltd.
      7. 13.2.7 Toray Industries Inc.
      8. 13.2.8 Kermel S.A.
      9. 13.2.9 Huvis Corporation
      10. 13.2.10 SRO Aramid Co. Ltd.
    14. Data Collection Method and Research Approach
    15. Principal Presumptions and Acronyms