Acrylic Fibers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION
Fiber is a natural or synthetic substance which is greater in length as compared to its breadth. The fibers are often used to produce different materials. Fibers that contain a minimum of eighty-five percent of acrylonitrile in their chemical structure are termed as acrylic fibers. They are almost as same as wool.  Acrylic fiber is soft, warm, & lightweight and thus are easily washable and possess excellent dimensional stability.  These fibers demonstrate high resistance to sunlight & chemical reactions, excellent color fastness and can be dyed with brilliant colors.

Market Dynamics
Rapidly changing demographics and climatic conditions lead to an increase in the demand of the apparel industry, which in turn drives the growth of the acrylic fibers market. The application of acrylic fibers in household furnishing also fuels the growth of the market. However, the fluctuations in the prices of raw materials and easy availability of substitutes restrict the fruitful development of the acrylic fibers market. Acrylic fibers softens the yarns and increases their durability, thus its use in blended fabrics is expected to bode well the growth of acrylic fibers market in the years to come.

Market Scope
The "Global Acrylic Fibers Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acrylic fibers market with detailed market segmentation by form, blending, end use industry and geography. The global acrylic fibers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylic fibers players and offers key trends and opportunities in the market.

Market Segmentation
The global acrylic fibers market is segmented on the basis of form, blending, end use industry and geography. On the basis of form the market classify into staple fiber and filament fiber. The market on the basis of bleending is broken into wool, cotton, cellulose, resins and others. As per end use industry the market is segmented into apparel, house furnishing, industrial and others. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The acrylic fibers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the acrylic fibers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the acrylic fibers market in these regions.

Acrylic Fibers Market Report Analysis

Acrylic Fibers Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Aksa Akrilik Kimya Sanayii A.S.
• Dralon GmbH
• Indian Acrylics Ltd.
• Jilin Qifeng Chemical Fiber Co. Ltd.
• Kaltex S.A.de C.V.
• Pasupati Acrylon Limited
• Polymir
• Sinopec Corporation
• Taekwang Industrial Co. Ltd.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Form

• Staple Fiber
• Filament Fiber

By Blending

• Wool
• Cotton
• Cellulose
• Rayon

By End use industry

• Apparel
• Household Furnishing
• Industrial

MARKET PLAYERS
The reports cover key developments in the acrylic fibers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from acrylic fibers market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylic fibers in the global market. Below mentioned is the list of few companies engaged in the acrylic fibers market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acrylic fibers market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

• Aksa Akrilik Kimya Sanayii A.S.
• Dralon GmbH
• Indian Acrylics Ltd.
• Jilin Qifeng Chemical Fiber Co. Ltd.
• Kaltex S.A.de C.V.
• Pasupati Acrylon Limited 
• Polymir
• Sinopec Corporation
• Taekwang Industrial Co. Ltd. 
• Thai Acrylic Fiber Company Limited

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Acrylic Fibers Market Report Scope