Acrylic Fiber Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt.) Ltd.)

Acrylic Fiber Market Research Report- Forecast to 2023 Acrylic Fibre is a manmade fibre and known as synthetic fibre which is produced by two different methods including wet & dry spinning method. Acrylic Fibre closely resembles wool in its characters, which contain minimum 85% acrylonitrile in their chemical structure are called Acrylic Fibres. The Global Acrylic Fibre Market represents steady growth over the past seven years and it is likely to continue in same trend over the assessment period. In addition to this, the global market anticipated to progress in terms of CAGR due to its increasing popularity driven by lower denier properties. Global market is heading towards growth stabilization supported by changing regional demographics. Acrylic Fibre represents huge numbers in terms market value and volume, although, the market registered single digit steady growth rate. Factors such as growing demand of apparel with changing climatic conditions likely to lead the growth for Acrylic Fibre in the coming years. Emerging economies in Asia Pacific such as India, China, and Japan expected playing pivotal role due to high industrial advancements along with economic reforms. The region expected to retain its prominence over the coming years as well owing to rapid industrialization along with active presence of key industry participants. The growth in this region also considered as export driven up to some extent. The fact that, Asia Pacific has active presence of large number of players, Turkey consist of largest player in this market including Akrilik Kimya Sanayii A.Ş. (Aksa). Acrylic Fiber Market - Overview

Acrylic Fiber Market Research Report- Forecast to 2023 For the convenience of the report and enhanced understanding; The Acrylic Fibre Market is segmented in to 2 key segments Segmentation by Form: Comprises Stable Acrylic Fibre and Filament Acrylic Fibre. Segmentation by End User: Comprises Apparel Household Furnishing, Industrial, and Others. Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World. View Full Press Segmental Analysis

Acrylic Fiber Market Research Report- Forecast to 2023 Regional Outlook The Global Acrylic Fiber Market is geographically segmented into regions like North America, Asia-Pacific, the Middle East & Africa, Latin America, and Europe. According to the in-depth study conducted by the team of Market Research Future and their extensive usage of different research methodologies, it is ascertained that the Asia-Pacific region holds the largest market share. The market value stood at USD 2,800 million and is projected to expand at a CAGR of 1.61% in the forecast period. The market standing of acrylic fiber can be attributed to the presence of a large portion of the acrylic fiber manufacturing industry in emerging economies like China. Elsewhere, in North America, the region is expected to progress due to the high demand surrounding acrylic fibers in its rapidly advancing textile industry and the surging popularity of modern household furniture. The US is the major regional player in the North American market and holds a considerable share to its name.

Acrylic Fiber Market Research Report- Forecast to 2023 Major Players in this Research Acrylic Fiber Market Prominent Players: Aksa Akrilik Kimya Sanayii A.Ş. (Aksa) Dralon JILIN QIFENG CHEMICAL FIBER CO.LTD Thai Acrylic Fiber Co.Ltd. Kaltex, Indian Acrylics Limited Pasupati Acrylon Limited SINOPEC Formosa Plastic Group Polymir Get a Free

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