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Aramid Fiber Industry is bound to grow at a CAGR of 9.7%

The Aramid Fiber Market is estimated to grow on account of the increasing need for proper security & protection measures, demand for lighter vehicles to boost fuel efficiency, and need to replace materials, such as steel and asbestos, and advancement in technology which creates the need for advanced materials such as aramid fibers, carbon fibers, and UHMWPE.

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