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Global aramid paper market demand will increase to 14,132 tons in 2023, and the price may rise slowly to $81.55 / kg

Author: QYResearch Publish date: 2018-03-22 Views: 14
Aramid Paper is made from aramid fiber and can be classified into meta-aramid paper and para-aramid paper according to the aramid fiber type. Para-aramid paper is more expensive than meta-aramid paper. Currently, there are only two manufacturers producing para-aramid paper, such as Dupont and Tayho. Global meta-aramid paper production was 9168 MT in 2016, accounting for 85.05% of the total production. Aramid paper is widely used in electrical insulation, honeycomb cores and communication Equipment. The application in electrical insulation took about 76.48% of the total aramid paper consumption.

Publisher: QYResearch

Published Date: 2018-03-22

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Due to the technical barriers, only several companies are able to produce aramid paper. Among them, Dupont is the largest manufacturer and takes a considerable percent of global aramid paper production. In 2016, the aramid paper production of DuPont was 9707 MT, accounting for 90.05% of global production. China manufacturers including Tayho, LongPont and SRO took the remaining share of global aramid paper production.


Aramid paper manufacturers usually produce aramid fiber, such as Nomex of DuPont, Taparan of Tayho and X-Fiber of SRO. This promises the manufacturers with stable raw materials source.

 

Due to the strong demand from the downstream industry, global consumption of aramid paper had improved from 9870 tons in 2012 to 10,779 tons in 2016. The average growth rate is about 2.23% from 2012 to 2016. Meanwhile, China aramid paper production rose from 390 tons in 2012 to 1072 tons in 2016. Downstream demand increased greatly.


In the coming few years, global demand for aramid paper will increase to 14,132 tons in 2023. Price of aramid paper may slowly increase to 81.55 USD/Kg in 2023.


The Global Aramid Paper Market Professional Survey Report 2017 report released by QYResearch provides a basic overview of the Aramid Paper industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Aramid Paper industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:http://www.qyresearchglobal.com/goods-1210585.html
QYResearchglobal focus on market survey and report 
Media contact: press@qyresearch.com

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