Aramid Fiber Market Projected to Reach USD 9.6 Billion by 2032 | Rising Demand for High-Performance Materials Drives Market Growth [Yahoo! Finance]
DuPont de Nemours, Inc. (DD)
Last dupont de nemours, inc. earnings: 1/30 06:00 am
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Source: Yahoo! Finance
body armor continues to rise, as these materials provide effective protection without adding substantial weight. Austin, Dec. 16, 2024 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that, “ The Aramid Fiber Market is projected to reach a valuation of USD 9.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2032. ” Key Trends Fueling the Aramid Fiber Market The aramid fiber market demand is rising due to high strength and weight requirements which are used in various industries such as automotive, aerospace, defense, and construction. Aramid fiber has been widely applied in wear-resistant and protective fabrics, due to its outstanding tensile strength, high thermal stability, and anti-abrasion properties. The market is expected to have a key aspect of expansion through the manufacturing of bulletproof vests and fabrics that are heat resistant as well as automotive components and industrial components where para-aramid fibers such as Kevl
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DD
Earnings
- 11/5/24 - Beat
DD
Sec Filings
- 12/17/24 - Form 4
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- DD's page on the SEC website