Market Size and Future Development Trend Forecast of the Aramid Fiber Industry
Time：2025-11-17Number of Views：190
| Global |
Reached 26.929 billion yuan in 2024; further grew to 40.112 billion yuan in 2025. Another forecast shows that the global market will maintain a compound annual growth rate (CAGR) of about 8.5% between 2025 and 2030, with the size expected to reach 29.691 billion yuan by 2030 and possibly exceed 69.45 billion yuan by 2032 . |
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| China | Achieved a market size of 7.723 billion yuan in 2024; 2025 market size has different calculation results from various institutions: 1.85 billion yuan, 12 billion yuan and 13.762 billion yuan respectively (differences due to different statistical calibers, most likely whether data related to upstream and downstream supporting industries are included). Among the segmented categories, the meta-aramid market size will be about 1.46 billion yuan in 2025, accounting for 78.9% of the total market share; para-aramid will be about 390 million yuan, accounting for 21.1%. It is expected that the domestic localization rate will increase from 65% in 2025 to 75% by 2030, the production capacity of para-aramid is expected to reach 89,000 tons, and meta-aramid will grow to 32,000 tons. The overall market size is expected to exceed 3 billion yuan, and some forecasts even suggest it will reach 7.5 billion yuan. |
2. Future Development Trend Forecast
- Accelerated domestic substitution: Previously, core aramid fiber technologies were long monopolized by European, American and Japanese enterprises. In recent years, however, domestic enterprises such as Taihe New Materials and Sinochem High-performance Fiber Materials Co., Ltd. have continuously broken through key technologies. For example, Sinochem High-performance Fiber has realized the industrialization of high-strength and high-modulus para-aramid. Meanwhile, at the policy level, documents such as "Made in China 2025" and "Guidelines for the Development of the New Materials Industry" continue to provide support, driving increased R&D investment in the industry. It is expected that the domestic localization rate of aramid fiber in China will rise to 75% by 2030, and the self-sufficiency rate of para-aramid will also increase from less than 50% in 2024 to more than 70%, significantly reducing dependence on imports.
- Continuous expansion and deepening of application fields: Currently, aramid fiber has the highest proportion in the safety protection field, reaching 46% in 2025, and this proportion will continue to rise in the future, expected to reach 49% by 2030. At the same time, the transportation sector is an important growth driver. With the lightweight of new energy vehicles and the mass production of domestic large aircraft, the consumption of aramid fiber in automobiles, aerospace and other fields will increase significantly. The application proportion in this field is expected to rise from 35% in 2025 to 45%. In addition, the development of 5G communication and the Internet of Things has led to a surge in demand for aramid fiber in the electronic and electrical field, such as mobile phone antennas and base station radomes. Its application in this field is expected to grow by about 40% in the next five years.
- Product structure upgrading towards high performance: Currently, meta-aramid dominates the market, but para-aramid has greater demand growth potential due to its key role in high-end fields such as aerospace and national defense. As Zhuzhou Times New Materials breaks through the key technology of meta-aramid dry-jet wet spinning and Shaanxi University of Science & Technology develops interface-enhanced aramid paper, domestic enterprises are constantly optimizing production processes. The proportion of high-performance and high-value-added aramid products will gradually increase, driving the overall product structure upgrading of the industry.
- Increasing concentration of regional production capacity layout: Globally, aramid fiber production capacity expansion in East Asia is obvious, and it is expected to contribute nearly 40% of the global new production capacity by 2028. Domestically, the Ningdong Base has become the largest aramid fiber production base in China, with an annual production capacity of 16,500 tons of para-aramid. In the future, such industrial agglomeration effect may further highlight. Industrial developed regions such as East China and South China will continue to be the core layout areas of the aramid fiber industry, relying on advantages such as strong downstream demand and improved supply chains.