Aramids Staple Market

Aramids staple market: find the latest facts and figures empowered by an Ai-driven business intelligence tool. Info contain companies, production, market size, imports, trade, market prices, exports, and consumption. Here is a split by country, including the U.S., Africa, Russia, EU, China, Latin America, the U.K., and the Middle East. Market dynamics and outlook to 2030 are also provided in the snapshots.

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Aramids Staple - World's Largest Markets

In value terms, the largest aramids staple markets worldwide were Spain, China and Germany, with a combined 32% share of the global market. Belgium, Turkey, the United States, Japan, Italy, the Netherlands, Taiwan (Chinese), India and Pakistan lagged somewhat behind, together comprising a further 50%.

Among the main consuming countries, Pakistan (+118.9% per year) saw the highest rates of growth with regard to market size, over the period under review, while aramids staple market for the other global leaders experienced more modest paces of growth.

Aramids Staple Prices

Aramids Staple - Top Importers

In value terms, Belgium ($94M), the United States ($72M) and China ($52M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 48% of global imports. These countries were followed by Germany, the Netherlands, Turkey, Italy, Spain, Hong Kong SAR, Pakistan, Taiwan (Chinese), India and Japan, which together accounted for a further 39%.

Among the main importing countries, Pakistan (+124.1% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Aramids Staple - Top Exporters

In value terms, the largest aramids staple supplying countries worldwide were Belgium ($96M), Spain ($68M) and South Korea ($44M), together comprising 56% of global exports.

Among the main exporting countries, Belgium recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Aramids Staple - Market Forecast

Driven by increasing demand for aramids staple worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Aramids Staple - Product Coverage

• HS 550311 - Fibres; synthetic staple fibres, of aramids, not carded, combed or otherwise processed for spinning