Europe Aramid Fiber Market Segments, Trends, Size, Emerging Technologies and Industry Growth by Forecast to 2028

According to a new market research study on “Europe Aramid Fiber Market for Automotive Hoses to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Type and Country,” is expected to reach US$ 33,224.49 thousand by 2028 from US$ 19,743.31 thousand in 2021. The market is estimated to grow at a CAGR of 7.7% from 2021 to 2028. The report provides trends prevailing in the Europe aramid fiber market for automotive hoses along with the drivers and restraints pertaining to the market growth. An upsurge in the demand from automotive industry and remarkable characteristics of aramid fibers are major factors driving the growth of the Europe aramid fiber market for automotive hoses. However, presence of direct substitute along with high manufacturing cost may hinder the growth of Europe aramid fiber market for automotive hoses.

Download Sample PDF Copy: https://www.businessmarketinsights.com/sample/TIPRE00026185

The List of Companies - 

  1. DuPont de Nemours, Inc.
  2. Teijin Limited
  3. Continental AG
  4. Kolon Industries Inc.
  5. YOKOHAMA RUBBER CO., LTD.
  6. Beaver Manufacturing Company
  7. Artel Rubber Company
  8. Gates Corporation
  9. Norres
  10. Huvis Corp.

The European aramid fiber market for automotive hoses is highly fragmented, with numerous regional and local players offering diverse solutions for companies investing in the sector. Electric vehicles (EVs) require specialized hoses and fluid transmission assemblies that differ from those used in traditional internal combustion engine (ICE) vehicles. Large battery electric vehicles generate significant heat, leading many manufacturers to utilize composite tubes to enclose batteries and enhance thermal management.

EV tubes are typically longer and narrower than conventional automotive tubes, yet they still require many of the same components, such as air conditioning and brake lines, pipe fittings, and assemblies. However, they also demand specific design considerations to ensure optimal performance. For example, air conditioning hose assemblies in EVs transport refrigerant and lubricant between various system components, utilizing both pressure and return lines.

The growing adoption of aramid fiber in EVs is driven by automotive manufacturers seeking to replace conventional substrate materials with synthetic alternatives while addressing environmental concerns. Aramid fibers offer exceptional temperature resistance, strength, and reinforcement properties, enhancing filters, belts, gaskets, and other automotive components. As the demand for electric vehicles continues to rise, it is expected to create lucrative opportunities for automotive hose manufacturers in the European market.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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