According to the report published by Allied Market Research, the Kevlar Fiber Market by Application (Safety and Protection, Aerospace, Industrial Filtration, Frictional Materials, Rubber and Tire Reinforcement, Optical Fibers, Electronics and Telecommunication, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The global kevlar fiber market garnered $449.2 million in 2021, and is estimated to generate $653.4 million by 2031, manifesting a CAGR of 3.9% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
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Leading market players of the global kevlar fiber market analyzed in the research include Aramid Hpm LLC, CTech-LLC, C.S.R Inc., DuPont De Numerous Inc., Final Advance Materials, GAB Neumann Gmbh, Hyosung Advanced Materials, Hexcel Corporation, Huvis Corporation, Kolon Industries Inc., Stern EWS, Teijin Ltd., Toray Industries Inc., Yantai Tayho Advanced Materials Co. Ltd, and MiniFIBERS, Inc.
The report provides a detailed analysis of these key players of the global kevlar fiber market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
· The outbreak of the COVID-19 pandemic had a devastating impact on the global electronic sector, causing unquantifiable losses to firms.