North America is the major region in terms of production and consumption of aramids. Globally, this market is the leader with respect to demand as well as product innovation in terms of quality and application development. Major countries in North America are the U. S.( the most dominant market, accounting for a significant market share) and Canada. The North American aramid market is largely driven by the personal protection segment where the demand for advanced solutions which combine comfort and maneuverability with high protection is high.
Asia-Pacific is projected to register the highest demand for UHMW Polyethylene in its end-user industries by 2020
Asia-Pacific is the fastest-growing market for UHMW PE globally. Growing economies are enhancing their budgets for defense and military spending giving rise to body and vehicle armor market in the region. The U. S. and European countries are projected to be the hub of UHMW Polyethylene consumption in the world and are projected to be the major consumers of specialty synthetic fibers by 2019. The major countries in the region, which are projected to drive the UHMW Polyethylene market, are Japan, China, India, and South Korea. The key company producing UHMW polyethylene in the region is Toyobo Co. Ltd( Japan).
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