Italy Aramid Fiber Market Size & Outlook, 2023-2030
Italy aramid fiber market, 2018-2030 (US$M)
Related Markets
Italy aramid fiber market highlights
- The Italy aramid fiber market generated a revenue of USD 107.2 million in 2023 and is expected to reach USD 191.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, para-aramid was the largest revenue generating product in 2023.
- Meta-aramid is the most lucrative product segment registering the fastest growth during the forecast period.
Aramid fiber market data book summary
| Market revenue in 2023 | USD 107.2 million |
| Market revenue in 2030 | USD 191.0 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Para-aramid |
| Fastest growing segment | Meta-aramid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Para-aramid, Meta-aramid |
| Key market players worldwide | Teijin Ltd, DuPont de Nemours Inc, Toray Industries Inc, Kernel Holding SA, Kolon Industries, Huvis, China National Bluestar Group |
Other key industry trends
- In terms of revenue, Italy accounted for 2.6% of the global aramid fiber market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany aramid fiber market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 530.9 million by 2030.
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Aramid Fiber Market Scope
Aramid Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy aramid fiber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aramid fiber market will help companies and investors design strategic landscapes.
Para-aramid was the largest segment with a revenue share of 74.44% in 2023. Horizon Databook has segmented the Italy aramid fiber market based on para-aramid, meta-aramid covering the revenue growth of each sub-segment from 2018 to 2030.
Growing demand for security & protection measures coupled with continuous R&D activities for the manufacturing of advanced personal protective equipment by the regional and local market players is anticipated to fuel the demand for aramid fibers over the forecast period.
Companies in the country are hugely investing in energy and financial resources under the program of ‘Made in Italy’. Italian textile producers are swimming against the tide in a traditional mature market, inspired by the latest knitting and exalting technologies.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy aramid fiber market , including forecasts for subscribers. This country databook contains high-level insights into Italy aramid fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy aramid fiber market size, by product, 2018-2030 (US$M)
Italy Aramid Fiber Market Outlook Share, 2023 & 2030 (US$M)
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