The term “aramid” means “aromatic polyamide.” Aramid fibers appear as bright golden yellow filaments. Due to their excellent strength-to-weight ratio and heat resistance properties, aramid fibers play an essential role in composite materials and automotive and military applications. They can easily be integrated into textile applications in protective clothing and offer greater protection against heat, flame, and chemical products and provide maximum comfort and absolute reliability. Aramid fiber is a class of strong synthetic fibers commonly used in ballistic-rated body armor fabrics and composites. This reinforced fiber is lightweight and has a tensile strength five times stronger than the same weight with high heat resistance and low cutting capacity. Some of the characteristics of aramid fibers are high strength-to-weight ratio, exceptional strength and durability, core mechanical properties, thermal and chemical resistance, good abrasion resistance, non-conductive, no melting point, low flammability, good fabric integrity at elevated temperatures, and many more.
BENEFITS ASSOCIATED WITH ARAMID FIBERS INFLUENCE THE MARKET GLOBALLY
Moreover, the main benefits of aramid are high strength and lightweight. It possesses a slightly negative axial coefficient of thermal expansion, similar to graphite, which means that aramid laminates can be made thermally stable in dimensions. It is highly resistant to impact and abrasion damage, unlike graphite. It can be made waterproof by combining it with additional materials such as epoxy. It can be utilized in a composite with rubber while yet preserving its flexibility. Its high tensile modulus and low breakage elongation, along with excellent chemical resistance, make it an excellent choice for various composite structural parts in various applications. Thus, the benefits associated with aramid fiber are driving the aramid fiber market for automotive hoses.
Asia Pacific held the largest revenue share of the global aramid fiber market for automotive hoses. The demand for aramid fiber for automotive hoses is expected to increase in the region due to various factors such as rapidly expanding automotive industry, especially in countries such as China, South Korea, and India. There has been a continuous rise in the demand for automotive gasket and seals due to the increased production of light and heavy vehicles in China and India.
The companies in this market have been continuously focusing on strategies such as product developments, plant expansions, and mergers and acquisitions to expand their footprint worldwide and fulfil the growing demand of the market.
Some of the major key players operating in the global aramid fiber for automotive hoses industry includes Contitech Ag, Dupont, Teijin Limited, Yokohama Rubber Co., Ltd., Schaeffler Ag, Bando Chemical Industries Ltd., Hutchinson Sa, Toyobo Co. Ltd., Aramid Hpm, Llc, Fiberline, Kolon Industries, Inc .The major players in the aramid fiber for automotive hoses industry are focusing on strategies such as mergers and acquisitions and research and development to increase the geographical presence and consumer base globally.
