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Aramid Paper Market: Trends, Opportunities and Competitive Analysis

August 2022 | 113 pages | ID: AD7C31670826EN
Lucintel

US$ 4,850.00

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Aramid Paper Market Trends and Forecast

The future of the aramid paper market looks promising with opportunities in electrical insulation and honeycomb application. The global aramid paper market is expected to reach an estimated $1.0 billion by 2027 with a CAGR of 5.1% from 2021 to 2027. The major drivers for this market are increase in number of working women, increasing disposable income, and changing climatic conditions. The major drivers for growth in this market are increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.

Emerging Trends in the Aramid Paper Market

Emerging trends, which have a direct impact on the dynamics of the industry, includes development of cellulose nanofiber aramid paper. DuPont, Teijin, Yantai Tayho, Shenzhen LongPont, and X-FIPER are among the major aramid paper manufacturers.

A total of 72 figures / charts and 54 tables are provided in this 113-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the aramid paper market report, please download the report brochure.

Aramid Paper Market by Segment

The study includes a forecast for the global aramid paper market by application, product type, and region as follows:

Aramid Paper Market by Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
  • Electrical Insulation
  • Honeycomb
  • Others
Aramid Paper Market by Product Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
  • Meta Aramid Paper
  • Para Aramid Paper
Aramid Paper Market by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Aramid Paper Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aramid paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aramid paper companies profiled in this report includes.
  • E.I. Du Pont de Nemours
  • Teijin Aramid
  • Yantai Tayho Advanced Materials Co. Ltd.
  • Shenzhen LongPont Co. Ltd.
  • X-FIPER New Material Co., Ltd
Aramid Paper Market Insight
  • Lucintel forecasts that electrical insulation will remain the largest application by value and volume consumption because of its unique combination of excellent electrical, dialectical, thermal, and mechanical properties than other substitutes such as fish, ceramic, and kraft paper. Honeycomb is expected to witness highest growth over the forecast period.
  • Meta aramid paper is expected to remain the largest market by value and volume 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. Para aramid is expected to witness highest growth over the forecast period.
  • Europe is expected to remain the largest market and due to the increasing growth in the end use industries. APAC is expected to witness the highest growth over the forecast period.
Features of Aramid Paper Market
  • Market Size Estimates: Aramid paper market size estimation in terms of value ($M) and volume ( M lbs)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by application, product type, and region
  • Regional Analysis: Aramid paper market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different application, product type, and regions for the aramid paper market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the aramid paper market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ

Q1. What is the aramid paper market size?

Answer: The global aramid paper market is expected to reach an estimated $1.0 billion by 2027

Q2. What is the growth forecast for aramid paper market?

Answer: The aramid paper market is expected to grow at a CAGR of 5.1% from 2021 to 2027.

Q3. What are the major drivers influencing the growth of the aramid paper market?

Answer: The major drivers for growth in this market are increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.

Q4. What are the major applications or end use industries for aramid paper?

Answer: Electrical Insulation and honeycomb are the major application for aramid paper.

Q5. What are the emerging trends in aramid paper market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, development of cellulose nanofiber aramid paper.

Q6. Who are the key aramid paper companies?

Answer: Some of the key aramid paper companies are as follows:
  • E.I. Du Pont de Nemours
  • Teijin Aramid
  • Yantai Tayho Advanced Materials Co. Ltd.
  • Shenzhen LongPont Co. Ltd.
  • X-FIPER New Material Co., Ltd
Q7.Which aramid paper product segment will be the largest in future?

Answer: Lucintel forecasts that Meta aramid paper is expected to remain the largest market by value and volume 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. Para aramid is expected to witness highest growth over the forecast period.

Q8: In aramid paper market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to remain the largest region and APAC witness the highest growth over next 5 years.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global aramid paper market by (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)?

Q. 2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to aramid paper market or related to aramid papers, aramid paper suppliers, aramid paper manufacturers, aramid paper raw material, aramid paper cost, aramid paper market trend and forecast, aramid paper applications, aramid paper market share, aramid paper market analysis, aramid paper market size, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Table of Contents

1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2016 TO 2027

3.1: Macroeconomic Trends and Forecast
3.2: Global Aramid Paper Market Trends and Forecast
3.3: Global Aramid Paper Market by Application
  3.3.1: Electrical Insulation
  3.3.2: Honeycomb
  3.3.3: Others
3.4: Global Aramid Paper Market by Product Type
  3.4.1: Meta Aramid Paper
  3.4.2: Para Aramid Paper

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION

4.1: Global Aramid Paper Market by Region
4.2: North American Aramid Paper Market
  4.2.1: Market by Application: Electrical Insulation, Honeycomb, and Others
4.3: European Aramid Paper Market
  4.3.1: Market by Application: Electrical Insulation, Honeycomb, and Others
4.4: APAC Aramid Paper Market
  4.4.1: Market by Application: Electrical Insulation, Honeycomb, and Others
4.5: ROW Aramid Paper Market
  4.5.1: Market by Application: Electrical Insulation, Honeycomb, and Others

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Aramid Paper Market by Material
  6.1.2: Growth Opportunities for the Global Aramid Paper Market by Product Type
  6.1.3: Growth Opportunities for the Global Aramid Paper Market by Region
6.2: Emerging Trends in the Global Aramid Paper Market
6.3: Strategic Analysis
  6.3.1: Mergers, Acquisitions and Joint Ventures
  6.3.2: Capacity Expansion
  6.3.3: Patent Citations for Aramid Paper

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: E.I. Du Pont de Nemours
7.2: Teijin Aramid
7.3: Yantai Tayho Advanced Materials Co. Ltd.
7.4: Shenzhen LongPont Co. Ltd.
7.5: X-FIPER New Material Co., Ltd


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