Lucintel Forecasts Aramid Paper Market to Reach $739.0 million by 2030

Aramid Paper Market

According to the recent study the aramid paper market is projected to reach an estimated $739.0 million by 2030 from $544.3 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for aramid paper in dry transformers, generators, motors and honeycomb materials for the composites industry.

Browse 72 figures / charts and 54 tables in this 113 -page report to understand trends, opportunities and forecast in aramid paper market by application (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).

Meta aramid paper is expected to remain the largest market by value and volume and it is also expected to witness highest growth 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.

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Europe is expected to remain the largest market and due to the increasing growth in the end uses. APAC is expected to witness the highest growth over the forecast period.

E.I. Du Pont de Nemours, Teijin Aramid, Yantai Tayho Advanced Materials Co. Ltd., Shenzhen LongPont Co. Ltd., and X-FIPER New Material Co., Ltd are the major suppliers in the aramid paper market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

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