Acrylic Fiber Market Comprehensive Analysis and Forecast 2024 to 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Acrylic Fiber Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Acrylic Fiber Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Acrylic Fiber Market size is estimated at around USD 2.65 billion in 2024 & is expected to grow at a CAGR of around 3.5% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Acrylic Fiber Market Segmentation?
The report has segmented the market into the following categories:
By Form
- Continuous/Filament(Tow) Fiber- Market Size & Forecast 2019-2030, (Thousand Tons)
- Non-continuous/Staple Fiber- Market Size & Forecast 2019-2030, (Thousand Tons)
By Blend
- Acrylic-Wool- Market Size & Forecast 2019-2030, (Thousand Tons)
- Acrylic-Viscose- Market Size & Forecast 2019-2030, (Thousand Tons)
- Acrylic-Nylon- Market Size & Forecast 2019-2030, (Thousand Tons)
- Acrylic-Cotton- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others (Cellulose, Rayon, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)
By End-Use Industry
- Textiles & Apparel- Market Size & Forecast 2019-2030, (Thousand Tons)
- Furniture & Upholstery- Market Size & Forecast 2019-2030, (Thousand Tons)
- Industrial- Market Size & Forecast 2019-2030, (Thousand Tons)
- Building & Construction- Market Size & Forecast 2019-2030, (Thousand Tons)
- Automotive- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)
The acrylic fiber industry is set to experience significant growth, largely attributed to the textile and apparel industry, which currently holds the largest market share.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Factor Driver Acrylic Fiber Industry Growth by 2030
Flourishing Apparel Industry to Augment Market Growth – The apparel industry across the world is being fueled by various factors, such as fast fashion and fluctuating financial situations. The consumption of clothing in emerging economies has increased rapidly due to a surge in GDP growth, especially observed in developing countries like China and India, which are investing heavily in their markets. Government schemes for textile manufacturing, like production-linked incentives, have been implemented by nations including India, which help boost manufacturing capabilities.
Who are the Key Players Operating in the Acrylic Fiber Industry?
The top companies of the Acrylic Fiber market ruling the industry are:
- Reliance Industries Limited (RIL)
- Thai Acrylic Fiber Co. Ltd. (TAF)
- Aditya Birla Management Corporation Pvt. Ltd.
- Aksa Akrilik Kimya Sanayii AĆ
- China Petrochemical Corporation
- Dralon
- Formosa Plastics Corporation
- Goonvean Fibres
- Japan Exlan Co. Ltd.
- Jiangsu Zhongxin Resources Group
- Jilin Chemical Fiber Group Co. Ltd.
- Kaltex
- Mitsubishi Chemical Corporation
- Pasupati Acrylon Ltd.
- Polyacryl Iran Corp.
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Acrylic Fiber Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Acrylic Fiber industry?
- Which is the Leading segment in the market?
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