Tag Archives: Para-aramid Fibers Market

Para-aramid Fibers Market Analysis To Reach $3.6 Billion By 2024

The ****** para-aramid fibers market size is expected to reach USD 3.6 billion by 2025 at a 6.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for security and protective measures in various industries such as military and construction is likely to boost product demand.

Raw material prices play a key role in industry growth, which helps players align product demand and gain control over the supply chain. Furthermore, major players are focused on integration across the value chain in order to maintain continuous raw material supply in a bid to increase market revenue.