The report covers the industry from 2013 to 2018 for historical data and provides accurate predictions up to the year 2024. This helps in keeping the finding topical and relevant to the current context of the industry. In addition to this, it takes 2019 as the estimated year with forecasts for the future years, ending 2024. This helps in keeping the manufacturers, as well as the clients, keep in touch with the current state of affairs in the Acrylic Fibers industry while giving them insights into the future predictions. Moreover, the report presents industry overview in a portrayed view to offer a wide acuity of the global Acrylic Fibers market. It also provides a detailed analysis based on a competitive landscape that aids a reader to obtain a thorough perception of competitive advantages, contender’s missions, core values, and niche markets. It also highlights how the Acrylic Fibers market is associated with its peer and parent market. Further, the report illuminates its impacts on the international economy throughout the period between 2019 and 2024.
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Acrylic fiber is a synthetic fiber that closely resembles wool in its character. According to the definition of the ISO (International Standards Organization) and BISFA (International Synthetic Fiber Standardization Office), fibers which contain a minimum of 85% acrylonitrile in their chemical structure are called "Acrylic Fibers".
All manufactures in the world are committed to the improvement of product. As there are two major production process, such as wet spinning and dry spinning. Dry spinning is an advance technology compared with wet spinning process. Currently, manufacturers in China and India are more likely to used wet spinning process except Indian Acrylics and Qilu Petrochemical (a subsidiary of Sinopec in China). Aksa in Turkey also use wet spinning process.
This industry is affected by the economy and policy, so its important to put an eye to economic indexes and leaders prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Acrylic Fibers will increase.
During past five years, global demand varied from 2042.1 K MT in 2013 to 1850.8 K MT in 2018, with a CAGR of -1.95%. Also China and Europe are two major production regions. China is the largest consumption region. In 2017, China consumed about 895.1 K MT with a consumption share of 48.36%. In the future, we predict that global demand will continue to increase. By 2024, global consumption will be 1917.6 K MT.
The worldwide market for Acrylic Fibers is expected to grow at a CAGR of roughly 2.0% over the next five years, will reach 4720 million US$ in 2024, from 4270 million US$ in 2019, according to a new study.
This report focuses on the Acrylic Fibers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
This report categorizes the market based on manufacturers, regions, type and application.
Thorough assessment of leading manufacturers including their profiles, pricing structure, and product specifications of Acrylic Fibers Market: Aksa Akrilik, Dralon, Aditya Birla Group, Exlan, Mitsubishi Rayon Group, Taekwang, Formosa Plastics Corporation, Tong-Hwa Synthetic Fiber, Kaltex Fibers, Toray, DOLAN GmbH, SDF Group, Yousuf Dewan, Indian Acrylics, Pasupati Acrylon, Vardhman, Sinopec, Jilin Qifeng Chemical Fiber, CNPC, Jiangsu Zhongxin Resources Group, Zhejiang Hangzhou Bay Acrylic Fiber
Major Type as follows - Wet Spinning, Dry Spinning
Major applications as follows - Garment Industry, Home Textiles, Others
Market Segment by Regions - North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The Global Acrylic Fibers Market Report Enfolds:
• Extensive delineation of Acrylic Fibers industry overview.
• Cardinal synopsis of every leading contender performing in the global Acrylic Fibers market.
• Statistical assessment of Acrylic Fibers market size, share, revenue, growth rate, and sales volume.
• Precise details based on Acrylic Fibers market segmentation.
• Valuable information on the changing-pricing structure.
Major Points Covered in TOC:
Market Overview
Market Segment by Type
Market Analysis by Applications
Market Analysis by Regions
Market Dynamics
Manufacturers Profiles
Market Forecast (2019-2024)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
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