Global Aramid Fiber Market Analysis 2013-2018 and Forecast 2019-2024
Report ID: 106247 | Mar 2019 | No. of Pages: 80
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Snapshot
Aramid Fiber is man-made high-performance fiber, with molecules that are characterized by relatively rigid polymer chains. These molecules are linked by strong hydrogen bonds that transfer mechanical stress very efficiently, making it possible to use chains of relatively low molecular weight. Aramid fibers are a class of heat-resistant and strong synthetic fibers. They are used in aerospace and military applications, for ballistic-rated body armor fabric and ballistic composites, in bicycle tires, and as an asbestos substitute. The name is a portmanteau of "aromatic polyamide". They are fibers in which the chain molecules are highly oriented along the fiber axis, so the strength of the chemical bond can be exploited.
The global Aramid Fiber market will reach xxx Million USD in 2019 and CAGR xx% 2019-2024. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Aramid Fiber by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Para-aramid fibers
Meta-aramid fibers
Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc.):
Dupont
Teijin
JSC Kamenskvolokno
Kolon
Hyosung
Huvis
TAYHO
Bluestar
Sinopec Yizheng Chemical Fibre
Guangdong Charming
Hebei Silicon Valley Chemical
Zhaoda Specially Fiber
SRO
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Body Armor & Helmet
Aerospace Materials
Sports Materials
Tire
High Strength Rope
Others
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Aramid Fiber is man-made high-performance fiber, with molecules that are characterized by relatively rigid polymer chains. These molecules are linked by strong hydrogen bonds that transfer mechanical stress very efficiently, making it possible to use chains of relatively low molecular weight. Aramid fibers are a class of heat-resistant and strong synthetic fibers. They are used in aerospace and military applications, for ballistic-rated body armor fabric and ballistic composites, in bicycle tires, and as an asbestos substitute. The name is a portmanteau of "aromatic polyamide". They are fibers in which the chain molecules are highly oriented along the fiber axis, so the strength of the chemical bond can be exploited.
The global Aramid Fiber market will reach xxx Million USD in 2019 and CAGR xx% 2019-2024. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Aramid Fiber by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Para-aramid fibers
Meta-aramid fibers
Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc.):
Dupont
Teijin
JSC Kamenskvolokno
Kolon
Hyosung
Huvis
TAYHO
Bluestar
Sinopec Yizheng Chemical Fibre
Guangdong Charming
Hebei Silicon Valley Chemical
Zhaoda Specially Fiber
SRO
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Body Armor & Helmet
Aerospace Materials
Sports Materials
Tire
High Strength Rope
Others
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Table of Contents
1 Industry Overview
1.1 Aramid Fiber Industry
1.1.1 Overview
1.1.2 Development of Aramid Fiber
1.2 Market Segment
1.2.1 Upstream
1.2.2 Downstream
1.3 Cost Analysis
2 Industry Environment (PEST Analysis)
2.1 Policy
2.2 Economics
2.3 Sociology
2.4 Technology
3 Aramid Fiber Market by Type
3.1 By Type
3.1.1 Para-aramid fibers
3.1.2 Meta-aramid fibers
3.2 Market Size
3.3 Market Forecast
4 Major Companies List
4.Aramid Fiber Dupont (Company Profile, Sales Data etc.)
4.2 Teijin (Company Profile, Sales Data etc.)
4.3 JSC Kamenskvolokno (Company Profile, Sales Data etc.)
4.4 Kolon (Company Profile, Sales Data etc.)
4.5 Hyosung (Company Profile, Sales Data etc.)
4.6 Huvis (Company Profile, Sales Data etc.)
4.7 TAYHO (Company Profile, Sales Data etc.)
4.8 Bluestar (Company Profile, Sales Data etc.)
4.9 Sinopec Yizheng Chemical Fibre (Company Profile, Sales Data etc.)
4.10 Guangdong Charming (Company Profile, Sales Data etc.)
4.11 Hebei Silicon Valley Chemical (Company Profile, Sales Data etc.)
4.12 Zhaoda Specially Fiber (Company Profile, Sales Data etc.)
4.13 SRO (Company Profile, Sales Data etc.)
5 Market Competition
5.1 Company Competition
5.2 Regional Market by Company
6 Demand by End Market
6.1 Demand Situation
6.1.1 Demand in Body Armor & Helmet
6.1.2 Demand in Aerospace Materials
6.1.3 Demand in Sports Materials
6.1.4 Demand in Tire
6.1.5 Demand in High Strength Rope
6.1.6 Demand in Others
6.2 Regional Demand Comparison
6.3 Demand Forecast
7 Region Operation
7.1 Regional Production
7.2 Regional Market
7.3 by Region
7.3.1 North America
7.3.1.1 Overview
7.3.1.2 by Country (U.S., Canada, Mexico)
7.3.2 Europe
7.3.2.1 Overview
7.3.2.2 by Country (Germany, U.K., France, Italy, Russia, Spain etc.)
7.3.3 Asia-Pacific
7.3.3.1 Overview
7.3.3.2 by Country (China, India, Japan, Southeast Asia etc.)
7.3.4 South America
7.3.4.1 Overview
7.3.4.2 by Country (Brazil, Argentina etc.)
7.3.5 Middle East & Africa
7.3.5.1 Overview
7.3.5.2 by Country (Saudi Arabia, South Africa etc.)
7.4 Regional Import & Export
7.5 Regional Forecast
8 Marketing & Price
8.1 Price and Margin
8.1.1 Price Trends
8.1.2 Factors of Price Change
8.1.3 Manufacturers Gross Margin Analysis
8.2 Marketing Channel
9 Research Conclusion
LIST OF TABLE
Table Upstream Segment of Aramid Fiber
Table Application Segment of Aramid Fiber
Table Global Aramid Fiber Market 2013-2024, by Application, in USD Million
Table Major Company List of Para-aramid fibers
Table Major Company List of Meta-aramid fibers
Table Global Aramid Fiber Market 2013-2018, by Type, in USD Million
Table Global Aramid Fiber Market 2013-2018, by Type, in Volume
Table Global Aramid Fiber Market Forecast 2019-2024, by Type, in USD Million
Table Global Aramid Fiber Market Forecast 2019-2024, by Type, in Volume
Table Dupont Overview List
Table Aramid Fiber Business Operation of Dupont (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Teijin Overview List
Table Aramid Fiber Business Operation of Teijin (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table JSC Kamenskvolokno Overview List
Table Aramid Fiber Business Operation of JSC Kamenskvolokno (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Kolon Overview List
Table Aramid Fiber Business Operation of Kolon (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Hyosung Overview List
Table Aramid Fiber Business Operation of Hyosung (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Huvis Overview List
Table Aramid Fiber Business Operation of Huvis (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table TAYHO Overview List
Table Aramid Fiber Business Operation of TAYHO (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Bluestar Overview List
Table Aramid Fiber Business Operation of Bluestar (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Sinopec Yizheng Chemical Fibre Overview List
Table Aramid Fiber Business Operation of Sinopec Yizheng Chemical Fibre (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Guangdong Charming Overview List
Table Aramid Fiber Business Operation of Guangdong Charming (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Hebei Silicon Valley Chemical Overview List
Table Aramid Fiber Business Operation of Hebei Silicon Valley Chemical (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Zhaoda Specially Fiber Overview List
Table Aramid Fiber Business Operation of Zhaoda Specially Fiber (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table SRO Overview List
Table Aramid Fiber Business Operation of SRO (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Global Aramid Fiber Sales Revenue 2013-2018, by Company, in USD Million
Table Global Aramid Fiber Sales Revenue Share, by Company, in USD Million
Table Global Aramid Fiber Sales Volume 2013-2018, by Company, in Volume
Table Global Aramid Fiber Sales Volume Share 2013-2018, by Company, in Volume
Table Major Consumers List and Overview
Table Regional Demand Comparison List
Table Major Application in Different Regions
Table Aramid Fiber Demand Forecast 2019-2024, by Application, in USD Million
Table Aramid Fiber Demand Forecast 2019-2024, by Application, in Volume
Table Aramid Fiber Production 2013-2018, by Region, in USD Million
Table Aramid Fiber Production 2013-2018, by Region, in Volume
Table Global Aramid Fiber Market 2013-2018, by Region, in USD Million
Table Global Aramid Fiber Market Share 2013-2018, by Region, in USD Million
Table Global Aramid Fiber Market 2013-2018, by Region, in Volume
Table Global Aramid Fiber Market Share 2013-2018, by Region, in Volume
Table North America Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table North America Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Europe Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table Europe Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Asia-Pacific Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table Asia-Pacific Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table South America Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table South America Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Middle East & Africa Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table Middle East & Africa Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Aramid Fiber Market Forecast 2019-2024, by Region, in USD Million
Table Aramid Fiber Market Forecast 2019-2024, by Region, in Volume
Table Price Factors List
LIST OF FIGURES
Figure Global Aramid Fiber Market Growth 2013-2018, by Type, in USD Million
Figure Global Aramid Fiber Market Growth 2013-2018, by Type, in Volume
Figure North America Aramid Fiber Market Concentration, in 2018
Figure Europe Aramid Fiber Market Market Concentration, in 2018
Figure Asia-Pacific Aramid Fiber MMarket Concentration, in 2018
Figure South America Aramid Fiber Market Concentration, in 2018
Figure Middle East & Africa Aramid Fiber Market Concentration, in 2018
Figure Aramid Fiber Demand in Body Armor & Helmet, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Body Armor & Helmet, 2013-2018, in Volume
Figure Aramid Fiber Demand in Aerospace Materials, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Aerospace Materials, 2013-2018, in Volume
Figure Aramid Fiber Demand in Sports Materials, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Sports Materials, 2013-2018, in Volume
Figure Aramid Fiber Demand in Tire, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Tire, 2013-2018, in Volume
Figure Aramid Fiber Demand in High Strength Rope, 2013-2018, in USD Million
Figure Aramid Fiber Demand in High Strength Rope, 2013-2018, in Volume
Figure Aramid Fiber Demand in Others, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Others, 2013-2018, in Volume
Figure North America Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure North America Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Europe Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure Europe Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Asia-Pacific Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure Asia-Pacific Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure South America Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure South America Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Middle East & Africa Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure Middle East & Africa Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Marketing Channels Overview
1 Industry Overview
1.1 Aramid Fiber Industry
1.1.1 Overview
1.1.2 Development of Aramid Fiber
1.2 Market Segment
1.2.1 Upstream
1.2.2 Downstream
1.3 Cost Analysis
2 Industry Environment (PEST Analysis)
2.1 Policy
2.2 Economics
2.3 Sociology
2.4 Technology
3 Aramid Fiber Market by Type
3.1 By Type
3.1.1 Para-aramid fibers
3.1.2 Meta-aramid fibers
3.2 Market Size
3.3 Market Forecast
4 Major Companies List
4.Aramid Fiber Dupont (Company Profile, Sales Data etc.)
4.2 Teijin (Company Profile, Sales Data etc.)
4.3 JSC Kamenskvolokno (Company Profile, Sales Data etc.)
4.4 Kolon (Company Profile, Sales Data etc.)
4.5 Hyosung (Company Profile, Sales Data etc.)
4.6 Huvis (Company Profile, Sales Data etc.)
4.7 TAYHO (Company Profile, Sales Data etc.)
4.8 Bluestar (Company Profile, Sales Data etc.)
4.9 Sinopec Yizheng Chemical Fibre (Company Profile, Sales Data etc.)
4.10 Guangdong Charming (Company Profile, Sales Data etc.)
4.11 Hebei Silicon Valley Chemical (Company Profile, Sales Data etc.)
4.12 Zhaoda Specially Fiber (Company Profile, Sales Data etc.)
4.13 SRO (Company Profile, Sales Data etc.)
5 Market Competition
5.1 Company Competition
5.2 Regional Market by Company
6 Demand by End Market
6.1 Demand Situation
6.1.1 Demand in Body Armor & Helmet
6.1.2 Demand in Aerospace Materials
6.1.3 Demand in Sports Materials
6.1.4 Demand in Tire
6.1.5 Demand in High Strength Rope
6.1.6 Demand in Others
6.2 Regional Demand Comparison
6.3 Demand Forecast
7 Region Operation
7.1 Regional Production
7.2 Regional Market
7.3 by Region
7.3.1 North America
7.3.1.1 Overview
7.3.1.2 by Country (U.S., Canada, Mexico)
7.3.2 Europe
7.3.2.1 Overview
7.3.2.2 by Country (Germany, U.K., France, Italy, Russia, Spain etc.)
7.3.3 Asia-Pacific
7.3.3.1 Overview
7.3.3.2 by Country (China, India, Japan, Southeast Asia etc.)
7.3.4 South America
7.3.4.1 Overview
7.3.4.2 by Country (Brazil, Argentina etc.)
7.3.5 Middle East & Africa
7.3.5.1 Overview
7.3.5.2 by Country (Saudi Arabia, South Africa etc.)
7.4 Regional Import & Export
7.5 Regional Forecast
8 Marketing & Price
8.1 Price and Margin
8.1.1 Price Trends
8.1.2 Factors of Price Change
8.1.3 Manufacturers Gross Margin Analysis
8.2 Marketing Channel
9 Research Conclusion
LIST OF TABLE
Table Upstream Segment of Aramid Fiber
Table Application Segment of Aramid Fiber
Table Global Aramid Fiber Market 2013-2024, by Application, in USD Million
Table Major Company List of Para-aramid fibers
Table Major Company List of Meta-aramid fibers
Table Global Aramid Fiber Market 2013-2018, by Type, in USD Million
Table Global Aramid Fiber Market 2013-2018, by Type, in Volume
Table Global Aramid Fiber Market Forecast 2019-2024, by Type, in USD Million
Table Global Aramid Fiber Market Forecast 2019-2024, by Type, in Volume
Table Dupont Overview List
Table Aramid Fiber Business Operation of Dupont (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Teijin Overview List
Table Aramid Fiber Business Operation of Teijin (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table JSC Kamenskvolokno Overview List
Table Aramid Fiber Business Operation of JSC Kamenskvolokno (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Kolon Overview List
Table Aramid Fiber Business Operation of Kolon (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Hyosung Overview List
Table Aramid Fiber Business Operation of Hyosung (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Huvis Overview List
Table Aramid Fiber Business Operation of Huvis (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table TAYHO Overview List
Table Aramid Fiber Business Operation of TAYHO (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Bluestar Overview List
Table Aramid Fiber Business Operation of Bluestar (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Sinopec Yizheng Chemical Fibre Overview List
Table Aramid Fiber Business Operation of Sinopec Yizheng Chemical Fibre (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Guangdong Charming Overview List
Table Aramid Fiber Business Operation of Guangdong Charming (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Hebei Silicon Valley Chemical Overview List
Table Aramid Fiber Business Operation of Hebei Silicon Valley Chemical (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Zhaoda Specially Fiber Overview List
Table Aramid Fiber Business Operation of Zhaoda Specially Fiber (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table SRO Overview List
Table Aramid Fiber Business Operation of SRO (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
Table Global Aramid Fiber Sales Revenue 2013-2018, by Company, in USD Million
Table Global Aramid Fiber Sales Revenue Share, by Company, in USD Million
Table Global Aramid Fiber Sales Volume 2013-2018, by Company, in Volume
Table Global Aramid Fiber Sales Volume Share 2013-2018, by Company, in Volume
Table Major Consumers List and Overview
Table Regional Demand Comparison List
Table Major Application in Different Regions
Table Aramid Fiber Demand Forecast 2019-2024, by Application, in USD Million
Table Aramid Fiber Demand Forecast 2019-2024, by Application, in Volume
Table Aramid Fiber Production 2013-2018, by Region, in USD Million
Table Aramid Fiber Production 2013-2018, by Region, in Volume
Table Global Aramid Fiber Market 2013-2018, by Region, in USD Million
Table Global Aramid Fiber Market Share 2013-2018, by Region, in USD Million
Table Global Aramid Fiber Market 2013-2018, by Region, in Volume
Table Global Aramid Fiber Market Share 2013-2018, by Region, in Volume
Table North America Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table North America Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Europe Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table Europe Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Asia-Pacific Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table Asia-Pacific Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table South America Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table South America Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Middle East & Africa Aramid Fiber Market Size 2013-2018, by Country, in USD Million
Table Middle East & Africa Aramid Fiber Market Size 2013-2018, by Country, in Volume
Table Aramid Fiber Market Forecast 2019-2024, by Region, in USD Million
Table Aramid Fiber Market Forecast 2019-2024, by Region, in Volume
Table Price Factors List
LIST OF FIGURES
Figure Global Aramid Fiber Market Growth 2013-2018, by Type, in USD Million
Figure Global Aramid Fiber Market Growth 2013-2018, by Type, in Volume
Figure North America Aramid Fiber Market Concentration, in 2018
Figure Europe Aramid Fiber Market Market Concentration, in 2018
Figure Asia-Pacific Aramid Fiber MMarket Concentration, in 2018
Figure South America Aramid Fiber Market Concentration, in 2018
Figure Middle East & Africa Aramid Fiber Market Concentration, in 2018
Figure Aramid Fiber Demand in Body Armor & Helmet, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Body Armor & Helmet, 2013-2018, in Volume
Figure Aramid Fiber Demand in Aerospace Materials, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Aerospace Materials, 2013-2018, in Volume
Figure Aramid Fiber Demand in Sports Materials, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Sports Materials, 2013-2018, in Volume
Figure Aramid Fiber Demand in Tire, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Tire, 2013-2018, in Volume
Figure Aramid Fiber Demand in High Strength Rope, 2013-2018, in USD Million
Figure Aramid Fiber Demand in High Strength Rope, 2013-2018, in Volume
Figure Aramid Fiber Demand in Others, 2013-2018, in USD Million
Figure Aramid Fiber Demand in Others, 2013-2018, in Volume
Figure North America Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure North America Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Europe Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure Europe Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Asia-Pacific Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure Asia-Pacific Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure South America Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure South America Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Middle East & Africa Aramid Fiber Market Size and Growth 2013-2018, in USD Million
Figure Middle East & Africa Aramid Fiber Market Size and Growth 2013-2018, in Volume
Figure Marketing Channels Overview
1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
4. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segments
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