The full name of aramid fiber is "poly-p-phenylene terephthalamide", which has excellent properties such as ultra-high strength, high modulus, high temperature resistance, acid and alkali resistance, and light weight. DuPont (trade name Kevlar) successfully developed and commercialized it.
Aramid fiber has a wide range of downstream applications
Aramid fiber has a wide range of applications. Global meta-aramid is mainly used in protection and insulation and honeycomb core materials, and para-aramid is mainly used in automotive friction materials, safety protection/ballistic protection.
Global aramid fiber supply and demand is relatively tight
In 2021, the global nominal capacity of aramid fiber will be about 120,000-130,000 tons, a year-on-year increase of about 10%; the global total demand will be about 10-110,000 tons, a year-on-year increase of about 20%. According to product segmentation, according to the data of Longzhong Information, the global para-aramid production capacity is about 80,000-90,000 tons, and the meta-aramid fiber production capacity is about 40,000 tons.
The representative enterprises of aramid fiber are mostly concentrated in China, Japan and South Korea
The aramid fiber industry has the characteristics of high investment threshold, high technical difficulty and high requirements for production equipment, which makes the supply of the entire aramid fiber industry highly concentrated. Aramid fiber is mainly divided into two types, para-aramid fiber (PPTA) and meta-aramid fiber. Fiber (PMIA). At present, the global aramid production capacity is mainly concentrated in companies such as DuPont in the United States, Teijin in Japan, YTTH in China, Kolon and Hyosung in South Korea.