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The future of the para aramid fiber market in Canada looks promising with opportunities in the frictional materials, protection, electrical transmission, safety garments, rubber reinforcement, tire reinforcement, and oil and gas industries. The major drivers for this market are increasing usage of para aramid fiber in brake pads, clutches, gaskets, linings, and tires in automotive and the growing demand for protective clothing in defense and industrial sectors.
An emerging trend, which has a direct impact on the dynamics of the industry, includes development of new para aramid fabric which protects structures from airborne volcanic fragments.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of para aramid fiber market in Canada report download the report brochure.
Para Aramid Fiber Market in Canada by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Para Aramid Fiber Market
in Canada: 2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the para aramid fiber market in Canada by application and product as follows:
Para Aramid Fiber Market by Application:
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Frictional Materials
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Protection
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Electrical Transmission
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Rubber Reinforcement
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Tire Reinforcement
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Oil and Gas
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Others
Para Aramid Fiber Market by Product:
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Filament Yarn
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Short Fibers
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Pulp
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Others
Lucintel forecasts that the filament yarn will remain the largest segment by value and it is also expected to witness the highest growth over the forecast period due to increasing demand for protective clothing in the military and stringent regulations.
Within para aramid fiber market, frictional materials will remain the largest application by value due to growing penetration of para aramid fiber in brake pads and gasket as an alternative material to asbestos in automotive industry. Optical fiber is expected to witness the highest growth over the forecast period due to increasing demand for high bandwidth fiber optic cables for data services and communication.
Some of the features of “Opportunities of Para Aramid Fiber Market in Canada 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Para aramid fiber market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application and product.
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Segmentation analysis: Para aramid fiber market size by application (frictional materials, protection, electrical transmission, safety, rubber reinforcement, tire reinforcement, oil and gas and others) and product form (filament yarn, short fibers, pulp and others) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different application and product of para aramid fiber in the para aramid fiber market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1. What are some of the most promising, high-growth in the para aramid fiber market in Canada by application (frictional materials, protection, electrical transmission, safety, rubber reinforcement, tire reinforcement, oil and gas and others) and product form (filament yarn, short fibers, pulp and others)?
Q.2. Which application segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.4. What are the business risks and competitive threats in this para aramid fiber market?
Q.5. What are emerging trends in this para aramid fiber market and reasons behind them?
Q.6. What are some changing demands of customers in the para aramid fiber market?
Q.7. What are the new developments in the para aramid fiber market and which companies are leading these developments?