In 2021, the size of the aramid fiber market globally was around 3.1 billion U.S. dollars. The global aramid fiber market size is forecast to reach some 4.7 billion U.S. dollars in 2027. This represents a compound annual growth rate of 6.9 percent between 2021 and 2027. Aramid fibers, short for aromatic polyamide, are a class of heat-resistant and strong synthetic fibers.
Aramid fiber market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars)
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Lucintel. (August 30, 2022). Aramid fiber market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1343315/global-aramid-fiber-market-size/
Lucintel. "Aramid fiber market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars)." Chart. August 30, 2022. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1343315/global-aramid-fiber-market-size/
Lucintel. (2022). Aramid fiber market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1343315/global-aramid-fiber-market-size/
Lucintel. "Aramid Fiber Market Size Worldwide in 2016 and 2021, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1343315/global-aramid-fiber-market-size/
Lucintel, Aramid fiber market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1343315/global-aramid-fiber-market-size/ (last visited June 01, 2024)
Aramid fiber market size worldwide in 2016 and 2021, with a forecast for 2027 (in billion U.S. dollars) [Graph], Lucintel, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1343315/global-aramid-fiber-market-size/