Japan Para-aramid Fibers Market Size & Outlook, 2023-2030

The para-aramid fibers market in Japan is expected to reach a projected revenue of US$ 243.5 million by 2030. A compound annual growth rate of 7.9% is expected of Japan para-aramid fibers market from 2024 to 2030.
Revenue, 2023 (US$M)
$143.0
Forecast, 2030 (US$M)
$243.5
CAGR, 2024 - 2030
7.9%
Report Coverage
Japan

Japan para-aramid fibers market highlights

  • The Japan para-aramid fibers market generated a revenue of USD 143.0 million in 2023 and is expected to reach USD 243.5 million by 2030.
  • The Japan market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
  • In terms of segment, security & protection was the largest revenue generating application in 2023.
  • Security & Protection is the most lucrative application segment registering the fastest growth during the forecast period.


Para-aramid fibers market data book summary

Market revenue in 2023USD 143.0 million
Market revenue in 2030USD 243.5 million
Growth rate7.9% (CAGR from 2023 to 2030)
Largest segmentSecurity & protection
Fastest growing segmentSecurity & Protection
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSecurity & Protection, Optical Fibers, Friction Material, Rubber Reinforcement, Tire Reinforcement
Key market players worldwideTeijin Ltd, Yantai Tayho Advanced Materials, DuPont de Nemours Inc, Hyosung Corporation, Toray Industries Inc, Kermel, Kolon Industries, Huvis, China National Bluestar Group


Other key industry trends

  • In terms of revenue, Japan accounted for 4.5% of the global para-aramid fibers market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China para-aramid fibers market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 153.6 million by 2030.

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Para-aramid Fibers Market Companies

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Japan para-aramid fibers market size, by application, 2018-2030 (US$M)

Japan Para-aramid Fibers Market Outlook Share, 2023 & 2030 (US$M)

Japan para-aramid fibers market size, by application, 2018-2030 (US$M)

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