Aramid Fiber Market Size, Share, Trend, Forecast, Competitive Analysis
The aramid fiber market is expected to grow at a steady compound annual growth rate (CAGR) of 4.3% over the long term, reaching a value of USD 4.3 billion by 2028. First introduced by DuPont de Nemours, Inc., in the 1970s, aramid fibers have witnessed a remarkable transition over the decades across industries. The progression of the material’s range of applications from consumer electronics to automotive to aerospace & defense has been phenomenal.