Home / Knowledge / News / Textiles / International para-aramid fibre market rebounds
International para-aramid fibre market rebounds
01
Nov '11
There is a significant rebound in international para-aramid fibre market with both production and price increasing after recovery from 2008 economic crisis.

Para-aramid fibres are heat resistant and strong synthetic fibres used in making flame-resistant and heat protective clothing, body armour, hot air filtration fabrics, sail cloth and sporting goods.

Currently, over 90 percent of global para-aramid production capacity is shared by Teijin in Japan and DuPont in the United States.

Korea-based Kolon is a new entrant in the field and last year the company increased its para-aramid production capacity to 5,000 tons per annum. The growth in both the volume of trade and price this year reflects that there is a sufficient demand from downstream industries to absorb the additional capacity.

Another new entrant is Taihe, a China-based leading high-end fibre manufacturing company. The firm has entered into production of para-aramid fibre after it began producing spandex and meta-amide fibres. Still, China is almost entirely dependent on imports for its current demand of about 5,000 tons per annum.

Global operation rate of para-aramid plants is around 85 percent this year and gross margin is more than 40 percent. This shows that there is a growing demand and international business climate is very good for para-aramid enterprises.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search