Automotive Aramid Fiber Market

The automotive aramid fiber market is projected to grow from USD 0.94 billion in 2025 to USD 1.30 billion by 2030, at a CAGR of 6.8% during the forecast period.

The automotive industry's focus on weight reduction represents the most significant driver for aramid fiber adoption. Regulatory pressures to improve fuel efficiency and reduce emissions have pushed manufacturers to implement comprehensive lightweighting strategies across vehicle platforms. Companies like DuPont (US), Teijin Limited (Japan), Kolon Industries, Inc. (South Korea), Hyosung Advanced Materials (South Korea), Yantai Tayho Advanced Materials Co., Ltd. (China), Toray Industries, Inc. (Japan), X-FIPER New Material Co., Ltd. (China), Huvis Corp. (South Korea), and SRF Limited (India) are strategically working on new ideas, building partnerships and expanding globally to fulfill the higher demand caused by new regulations for safety, light materials, and electric vehicles. The major players, Teijin Aramid, DuPont, Kolon Industries, and Yantai Tayho, are bringing advanced aramid composites to EVs and other high-end automotive parts, and in addition, they are increasing their production and improving their supply chains. Partnering with Original Equipment Manufacturers (OEMs) and Tier-1 suppliers helps develop solutions made to specific customer requirements, and expanding into key locations near automotive hubs ensures faster supplies and convenient assistance. Besides, such companies stress the environmental value of aramid fibers and comply with the latest rules and policies.

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The major players active in the automotive aramid fiber market are based in North America, Europe, and Asia Pacific. DuPont (US), Teijin Limited (Japan), Kolon Industries, Inc. (South Korea), Hyosung Advanced Materials (South Korea), Yantai Tayho Advanced Materials Co., Ltd. (China), Toray Industries, Inc. (Japan), X-FIPER New Material Co., Ltd. (China), Huvis Corporation (South Korea), SRF Limited (India), Kermel S.A. (France), SRO Aramid (Jiangsu) Co., Ltd. (China), IBENA Textilwerke GmbH (Germany), Protal Ltd. (UK), Lenzing Plastics GmbH (Austria), and Sage Automotive Interiors (US) are among a few leading players. Significant attention has been dedicated to developing cost-effective manufacturing technology in the automotive aramid fiber market to meet evolving global demands. Key players have implemented various growth strategies to solidify their market position. These strategies encompass deals, mergers and acquisitions, and, investment & expansions, all aimed at enhancing their presence in the automotive aramid fiber market.

Related Reports:

Automotive Aramid Fiber Market By Type (Para-Aramid, Meta-Aramid), Application (Brake Pads & Clutch Facings, Reinforced Tires, Hoses, Belts, & Gaskets, Racing Vehicle Components, Heat Shields & Insulation), and Region - Global Forecast to 2030

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