Global Para-Aramid Market Size, Trends and Growth opportunity, By Type (Para-Aramid Filament, Para-Aramid Staple Fibre, Para-Aramid Shortcut, Para-Aramid Pulp), By Application (Rubber Reinforcement, Security Protection, Tires, Rope, Optical Fibres Reinforcements, Frictional & Sealing Materials, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Para-Aramid Market
Global Para-Aramid Market was valued at USD 3.11 billion in 2021 and is expected to reach USD 4.11 billion by 2027, at a CAGR 4.64% from 2022-2027.
Para-Aramid is a synthetic fibre which is used in manufacturing of safety gloves and other safety equipment. Para-aramid gloves resist abrasion, but the primary motivation for using the fibre is its strong heat resistance. 
The molecules which are combined by strong hydrogen bonds are proficiently transferred to mechanical stress and allow for the use of chains with low molecular weight. Aramid fibre is mostly used for reinforcement in composites such as sports goods, aviation, and military vehicles, and in fabrics in clothing such as bulletproof jackets and fire safety garments.
Market Drivers
Increasing demand for para-aramid in many sectors such as healthcare, oil and gas, manufacturing, and others is the key driving factor which is expected to boost the global para-aramid market growth. 
Furthermore, growing use of para-aramid fibre for composites in military vehicles, and aircrafts which is projected to propel the market growth during this forecast year 2027. Moreover, increase in onshore and offshore drilling activities with thriving shale oil and gas industry will drive the market growth.
Market Restraints
However, availability of other alternatives or substitutes with better properties is the major restraining factor which is expected to hinder the global para-aramid market growth.
Market Segmentation
The Global Para-Aramid Market is segmented into type, application, and region.
The para-aramid staple fibre is projected to be the highest-growing stimulus segment of the market due to its excellent strength-to-weight ratio, high modulus behaviour, and tensile strength over the forecast period.
Regional Analysis
Global Para-Aramid Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Key Players
Various key players are discussed in this report such as DowDuPont, Teijin Aramid, JSC Kamenskvolokno, Hyosung, Toray Chemical Korea Inc, SRO Aramid Co. Ltd, Kolon Industries Inc, FIPER New Material Co., Huvis Corporation, and Aramid Hpm, LLC.
Market Taxonomy
By Type
•        Para-Aramid Filament
•        Para-Aramid Staple Fibre
•        Para-Aramid Shortcut
•        Para-Aramid Pulp
By Application
•        Rubber Reinforcement
•        Security Protection
•        Tires
•        Rope
•        Optical Fibres Reinforcements
•        Frictional & Sealing Materials
•        Others
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Para-Aramid Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Para-Aramid Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Para-Aramid Market, By Type
5.1 Y-o-Y Growth Comparison, By Type 
5.2 Global Para-Aramid Market Share Analysis, By Type 
5.3 Global Para-Aramid Market Size and Forecast, By Type
5.3.1 Para-Aramid Filament
5.3.2 Para-Aramid Staple Fiber
5.3.3 Para-Aramid Shortcut
5.3.4 Para-Aramid Pulp
6 Global Para-Aramid Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Para-Aramid Market Share Analysis, By Application
6.3 Global Para-Aramid Market Size and Forecast, By Application
6.3.1 Rubber Reinforcement
6.3.2 Security Protection
6.3.3 Tires
6.3.4 Rope
6.3.5 Optical Fiber Reinforcement
6.3.6 Frictional & Sealing Materials
6.3.7 Others
7 Global Para-Aramid Market, By Region
7.1 Global Para-Aramid Market Share Analysis, By Region
7.2 Global Para-Aramid Market Share Analysis, By Region
7.3 Global Para-Aramid Market Size and Forecast, By Region
8 North America Para-Aramid Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Para-Aramid Market Share Analysis, By Type
8.3 North America Para-Aramid Market Size and Forecast, By Application
8.4 North America Para-Aramid Market Size and Forecast, By Country
8.4.1 U. S
8.4.2 Canada
8.4.3 Mexico
9 Europe Para-Aramid Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Para-Aramid Market Share Analysis, By Type 
9.3 Europe Para-Aramid Market Size and Forecast, By Application 
9.4 Europe Para-Aramid Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Para-Aramid Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Para-Aramid Market Share Analysis, By Type 
10.3 Asia Pacific Para-Aramid Market Size and Forecast, By Application 
10.4 Asia Pacific Para-Aramid Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Para-Aramid Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Para-Aramid Market Share Analysis, By Type 
11.3 Latin America Para-Aramid Market Size and Forecast, By Application 
11.4 Latin America Para-Aramid Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Para-Aramid Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Para-Aramid Market Share Analysis, By Type 
12.3 Middle East Para-Aramid Market Size and Forecast, By Application 
12.4 Middle East Para-Aramid Market Size and Forecast, By Country
12.4.2 UAE
12.4.3 Egypt
12.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 DowDuPont
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Teijin Aramid
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 JSC Kamenskvolokno
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Hyosung
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Toray Chemical Korea Inc
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 SRO Aramid Co
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Kolon Industries Inc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 FIPER New Material Co
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Huvis Corporation
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Aramid Hpm, LLC
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies