PUNE, India, November 25, 2015 /PRNewswire/ --
ReportsnReports.com adds Global and China Aramid Fiber Industry
Report, 2015-2018 that says as of Oct
2015, worldwide aramid fiber capacity has approached 130kt
mostly distributed in North
America, Europe, and
Asia.
Complete report on aramid fiber market spread across 92 pages,
profiling 16 companies (3 global, 13 Chinese) and supported with
114 charts is now available at
http://www.reportsnreports.com/reports/442989-global-and-china-aramid-fiber-industry-report-2015-2018.html.
Para-aramid fiber, accounting for about 63% of total global
aramid fiber capacity, are primarily used in protection materials,
high temperature resistant materials, and rope/optical cable; and
meta-aramid fiber is chiefly used in insulation, flame resistance,
and filtration fields.
American DuPont and Japanese Teijin are the two major producers
of aramid fiber around the globe, holding a combined 63% share of
total meta-aramid fiber capacity and 77% of total para-aramid fiber
capacity in the world by the end of Oct
2015. 2,200 tons/a of meta-aramid fiber (Thailand factory) was new capacity put into
operation by Teijin in Aug 2015.
China is late starter in aramid
fiber industry with outdated production technology. The country
seized only 15% of the world's total aramid fiber capacity as of
the end of Oct 2015. The supply
exceeded the demand in the Chinese meta-aramid fiber market during
2011-2015, particularly in competitive low-end product market. It
is predicted that China will
produce 12,000 tons of meta-aramid fiber in 2015 with 1,200 tons
exported. Para-aramid fiber, on the contrary, has been in short
supply and needs to be imported. However, as the output of
para-aramid fiber increases, China
has reduced its dependency on imports of para-aramid fiber in
recent years, with import dependency expected to fall below 40% in
2015.
Companies profiled in Global and China Aramid Fiber Industry
Report, 2015-2018 market research include DuPont, Teijin, Kolon
Industries, Yantai Tayho Advanced Materials Co., Ltd., Sinopec
Yizheng Chemical Fibre Company Limited (YCF), Shenma Industry Co.,
Ltd., Shenzhen Selen Science & Technology Co., Ltd., SRO Aramid
(Jiangsu) Co., Ltd., Guangdong
Charming Co., Ltd., Suzhou Zhaoda Specially Fiber Technical Co.,
Ltd., China BlueStar Chengrand Research & Design Institute of
Chemical Industry, Hebei Silicon Valley Chemical Co., Ltd., Xiamen
Savings Environmental Co., Ltd., Yichang Hedali Composite Materials
Co., Ltd., Wuxi Boton Technology Co., Ltd. and Qifeng New Material
Co., Ltd. Order a copy of this report at
http://www.reportsnreports.com/Purchase.aspx?name=442989 .
Major Chinese meta-aramid fiber producers are Yantai Tayho
Advanced Materials and SRO Aramid (Jiangsu), with the former boasting meta-aramid
fiber capacity of 7,600 tons and the latter 4,500 tons by the end
of Oct 2015. Moreover, Yantai Tayho
Advanced Materials is building 1,000 t/a meta-aramid fiber capacity
which is expected to go into production in early 2016; SRO Aramid
(Jiangsu) plans to put 2,500 t/a
meta-aramid fiber capacity into production in 2016.
There are five para-aramid fiber producers in China, respectively Yantai Tayho Advanced
Materials, Suzhou Zhaoda Specially Fiber Technical, China BlueStar
Chengrand Research & Design Institute of Chemical Industry,
Shenma Industry, and Hebei Silicon Valley Chemical. Para-aramid
fiber production facilities are not mature in China, and only Yantai Tayho Advanced
Materials has stable production lines with annual output of around
500 tons.
On a related note, another research titled Global Aramid
Fiber Market 2015-2019 forecasts an 8.07% CAGR growth for the
industry and segments the market into End-use (safety and
protection, construction, defense and aerospace, automotive, sports
utility goods, electrical appliances, and others), Geography
(North America, EMEA, APAC, and
ROW) and Type (para-aramid, meta-aramid, and others).
BASF, Celanese, Du Pont, Kolon, Solvay, Teijin, Banco, Bosch,
GKN Aerospace, Honeywell, Hyosung, Magna and Valeo are some of the
companies mentioned in this 100 pages report available at
http://www.reportsnreports.com/reports/403579-global-aramid-fiber-market-2015-2019.html
.
Explore more reports on advanced materials market at
http://www.reportsnreports.com/market-research/advanced-material/
.
About Us:
ReportsnReports.com is an online market research reports library
of 500,000+ in-depth studies of over 5000 micro markets. Not
limited to any one industry, ReportsnReports.com offers research
studies on agriculture, energy and power, chemicals, environment,
medical devices, healthcare, food and beverages, water, advanced
materials and much more.
Contact:
Ritesh Tiwari
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune - 411013
Maharashtra, India.
+ 1 888 391 5441
sales@reportsandreports.com