Automotive Aramid Fiber Market worth $1.30 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
TEIJIN LTD ADR (TINLY)
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Source: Yahoo! Finance
Pads & Clutch Facings, Reinforced Tires, Hoses, Belts, & Gaskets, Racing Vehicle Components, Heat Shields & Insulation), and Region - Global Forecast to 2030" , The automotive aramid fiber market is projected to reach USD 1.30 billion by 2030 from USD 0.94 billion in 2025, at a CAGR of 6.8%. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=12548837 Automotive Aramid Fiber Market Size & Forecast: Market Size Available for Years: 2021–2030 2025 Market Size: USD 0.94 billion 2030 Projected Market Size: USD 1.30 billion CAGR (2025–2030): 16.5% Automotive Aramid Fiber Market Trends & Insights: The automotive aramid fiber market is growing rapidly due to rising demand for lightweight, durable, and heat-resistant materials in vehicle manufacturing. Para-aramid and meta-aramid fibers are increasingly used in brake pads, tires, hoses, insulation, and composites for their strength and thermal stability. With the shift toward electric and efficient v
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