Aramid fiber is widely used and the market size is growing rapidly

Aramid fiber, the full name of aromatic polyamide fiber, is a linear polymer composed of aromatic groups and amide groups. It is a new type of high-tech synthetic fiber with light weight, high strength, anti-aging, high temperature resistance and other properties. It is widely used Used in optical communications, aerospace, national defense and military, sports, industrial manufacturing and other fields. Aramid fibers can be divided into three categories based on different chemical structures: meta-aramid, para-aramid and heterocyclic aramid.

According to the “Aramid Fiber Industry In-depth Market Research and Investment Strategy Suggestions Report 2023-2027” released by the Industrial Research Center, As my country’s economic and technological development level continues to improve, emerging industries such as 5G communications and new energy vehicles continue to develop, the transformation and upgrading of traditional industries gradually accelerates, aerospace, national defense and other industries continue to expand, the application scope of aramid fiber continues to expand, and the market size Showing rapid growth. In 2016, my country’s aramid fiber market size was approximately 1 billion yuan. In 2022, the market size will be close to 2 billion yuan, with a compound annual growth rate of approximately 12% from 2016 to 2022. Affected by rising raw material costs and tight market supply, the average price of domestic aramid fiber market has continued to rise in recent years.

As one of the four high-performance fiber materials that my country focuses on developing, aramid fiber has a good development environment. In April 2022, the Ministry of Industry and Information Technology and the National Development and Reform Commission jointly issued the “Guiding Opinions on the High-Quality Development of the Chemical Fiber Industry”, which clearly pointed out that it is necessary to improve the production and application level of high-performance fibers and develop para-aramid fiber raw materials with high efficiency and solvent dissolution. Key technologies such as recycling, overcoming key technologies such as meta-aramid fiber solvent system, efficient degassing of spinning dope, and high-speed spinning, and developing high-strength, high-elongation meta-aramid industrialization technology.

After a period of development in my country’s aramid fiber industry, the number of production companies has continued to increase, production technology has continued to advance, and the application of products in protective clothing, industrial manufacturing and other fields has become more and more mature. However, due to the late start of the industry, the industrial foundation is relatively weak, and the overall There is still a certain gap between production technology and the international advanced level. High-end products still need to rely on foreign imports, and local enterprises still have considerable room for development. The main domestic aramid fiber manufacturers include Taihe New Materials Group Co., Ltd., Suzhou Zhaoda Special Fiber Technology Co., Ltd., and Zhongfang Special Fiber Co., Ltd.

Industry analysts said that with the continuous advancement of the construction of a technological power and the continuous development of 5G communications, aerospace and other industries, the aramid fiber market Demand will continue to grow and the industry is booming. At present, the scale of the domestic aramid fiber market is still at a low level. The industry has problems such as insufficient R&D and innovation capabilities, backward production technology, fierce competition in the low-end market, and insufficient supply of high-end products. Domestic manufacturers need to increase capital investment and R&D efforts. Improve production processes, optimize product quality and performance, and promote the industry to develop in a high-end direction.