Para-Aramid Fiber Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2023-2028
The para-aramid fiber market is likely to grow at a moderate CAGR of 3.9% during 2023-2028 to reach an estimated value of US$ 2.7 billion in 2028. Para-aramid fibers are a type of synthetic fiber that belongs to the aramid family. They are known for their exceptional strength, heat resistance, and durability. The term "para" in para-aramid refers to the specific arrangement of the polymer's chemical structure, which contributes to its unique properties.