Aramid Fiber Reinforced Composite Market Insights Video
According to Cognitive Market Research, The Global Aramid Fiber Reinforced Composite market size is USD 1.3 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2023 to 2030.
The demand for Aramid Fiber Reinforced Composites is rising due to -increasing demand for aircraft, military vehicles, and sports goods.
Demand for thermoplastic remains higher in the Aramid Fiber Reinforced Composite market.
The molding category held the highest Aramid Fiber Reinforced Composite market revenue share in 2023.
North American Aramid Fiber Reinforced Composite will continue to lead, whereas the European Aramid Fiber Reinforced Composite market will experience the most substantial growth until 2030.
