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Acrylic Fibre Market: Global Industry Analysis and portunity Assessment, 2016–2026

Acrylic Fibre Market: Global Industry Analysis and portunity Assessment, 2016–2026

Acrylic fibre, commonly used for manufacturing apparels, outdoor furniture, boat covers, awnings, carpets etc., is a synthetic fibre manufactured in various forms including acrylic staple, tow, and filament. Major demand for acrylic fibre is expected to come from Asia Pacific, Middle East & Africa, and Latin America over the forecast period and the global acrylic fibre market is projected to reach a market value of US$ 6,197.82 Mn by 2026 end, registering a CAGR of 3.6% over the forecast period.

Use of acrylic fibres blended with other materials is gaining popularity

Use of acrylic fibre is growing as it is used by blending with other materials for imparting enhanced characteristics to end products. Also, weak supply of its competitor products such as wool and cotton are some of the factors impacting the global acrylic fibre market positively. These factors are expected to influence and upsurge the demand for acrylic fibre over the forecast period. However, growing prominence of acrylic fibre alternatives and limited demand for acrylic fibre in developed economies are expected to remain significant challenges for the growth of the global acrylic fibre market throughout the forecast period.

Market Segmentation

By Fibre Form

By Dyeing Method

By Blending

By End Use

By Region

Staple

Filament

Acid

Gel

Undyed

Wool

Cotton

Others

Apparels

Home Furnishing

Industrial

Outdoor

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

Middle East and Africa (MEA)

The gel dying segment is estimated to exhibit a CAGR of 3.8% over the forecast period

The gel dyeing segment is estimated to register a CAGR of 3.8% over the forecast period, creating total incremental opportunity of US$ 1,100.85 Mn between 2016 and 2026.

The staple fibre segment is likely to possess more than 60% share in the total incremental opportunity created between 2016 and 2026

The staple fibre segment is expected to hold a disproportionately large share in the global acrylic fibre market throughout the forecast period, accounting for more than 60% share in the total incremental opportunity created between 2016 and 2026.

Cotton blending segment is expected to exhibit a CAGR of 3.7% over the forecast period

The cotton blending segment is anticipated to register a CAGR of 3.7% over the forecast period. When used in blend with other materials, acrylic fibre enhances the physical and chemical characteristics of the end product; therefore, acrylic fibre increasingly finds use in blend applications.

Apparels end-use segment is estimated to create a significant incremental opportunity between 2016 and 2026

The apparels end-use segment is projected to register a CAGR of 3.6% over the forecast period, creating significant incremental opportunity between 2016 and 2026.

Lucrative opportunities for the global acrylic fibre market lie in the APEJ region

In terms of market value, the APEJ acrylic fibre market is projected to increase at a value CAGR of 4.4% over the forecast period, while markets in Japan, U.S., and Europe are expected to register a below average CAGR. Growth in the APEJ acrylic fibre market is largely attributed to a growing use of acrylic fibre for various applications along with macroeconomic growth of the population driven textile industry in the region.

global acrylic fibre market

Leading market players are focussing on adopting environment friendly production processes

Some key players in the global acrylic fibre market are Aksa Akrilik Kimya Sanayii A.?. (Aksa), Dralon, Aditya Birla Group, Jilin Chemical Fiber Group Company, TAEKWANG INDUSTRIAL CO. LTD., Exlan Japan Co. Ltd., Kaneka Corporation, Indian Acrylics Limited, Pasupati Acrylon Ltd., and Vardhman Acrylics Ltd. There are various stringent environmental regulations worldwide on the production of acrylic fibre and hence producers are directing their efforts to ensure compliance by adopting an environment friendly production process.


1.Executive Summary
2.Acrylic Fiber Market Introduction
2.1.Acrylic Fiber Market Definition
2.2.Acrylic Fiber Market Taxonomy
3.Acrylic Fiber Market Analysis Scenario
3.1.Pricing Analysis
3.2.Market Forecast
3.3.Value Chain
4.Market Dynamics
4.1.Drivers
4.2.Restraints
4.3.Opportunity
4.4.Forecast Factors – Relevance and Impact
4.5.Regulations
5.Global Acrylic Fiber Market Analysis By Dyeing Method
5.1.Introduction
5.1.1.Basis Points Share Analysis By Dyeing Method
5.1.2.Y-o-Y Growth Projections By Dyeing Method
5.2.Market Size (US$ Mn) and Volume (KT) Forecast By Dyeing method
5.2.1.Acid
5.2.2.Gel
5.2.3.Undyed
5.3.Market Attractiveness Analysis By Dyeing Method
6.Global Acrylic Fiber Market Analysis By Fiber Form
6.1.Introduction
6.1.1.Basis Points Share Analysis By Fiber Form
6.1.2.Y-o-Y Growth Projections By Fiber Form
6.1.3.Market Size (US$ Mn) and Volume (KT) Forecast By Fiber Form
6.1.4.Staple
6.1.5.Filament
6.2.Market Attractiveness Analysis By Fiber Form
7.Global Acrylic Fiber Market Analysis By Blending
7.1.Introduction
7.1.1.Basis Points Share Analysis By Blending
7.1.2.Y-o-Y Growth Projections By Blending
7.1.3.Market Size (US$ Mn) and Volume (KT) Forecast By Blending
7.1.4.Wool
7.1.5.Cotton
7.1.6.Others
7.2.Market Attractiveness Analysis By Blending
8.Global Acrylic Fiber Market Analysis By End-use
8.1.Introduction
8.1.1.Basis Points Share Analysis By End-use
8.1.2.Y-o-Y Growth Projections By End-use
8.1.3.Market Size (US$ Mn) and Volume (KT) Forecast By End-use
8.1.4.Apparels
8.1.5.Home Furnishing
8.1.6.Industrial
8.1.7.Outdoor
8.2.Market Attractiveness Analysis By End-use
9.Global Acrylic Fiber Market Analysis By Region
9.1. Introduction
9.1.1.Introduction
9.1.2.Basis Points Share Analysis By Region
9.1.3.Y-o-Y Growth Projections By Region
9.2.Market Size (US$ Mn) and Volume (KT) Forecast By Region
9.2.1.North America
9.2.2.Western Europe
9.2.3.Asia Pacific Excl. Japan (APEJ)
9.2.4.Eastern Europe
9.2.5.Latin America
9.2.6.Middle East & Africa (MEA)
9.2.7.Japan
9.3.Market Attractiveness Analysis By Region
10.North America Acrylic Fiber Market Analysis
10.1.Macroeconomic Factors
10.2.Introduction
10.3.Market Size (US$ Mn) and Volume (KT) Forecast By Country
10.3.1.U.S.
10.3.2.Canada
10.4.Market Size (US$ Mn) and Volume (KT) Forecast By Dyeing method
10.4.1.Acid
10.4.2.Gel
10.4.3.Undyed
10.5.Market Size (US$ Mn) and Volume (KT) Forecast By Fiber Form
10.5.1.Staple
10.5.2.Filament
10.6.Market Size (US$ Mn) and Volume (KT) Forecast By Blending
10.6.1.Wool
10.6.2.Cotton
10.6.3.Others
10.7.Market Size (US$ Mn) and Volume (KT) Forecast By End-use
10.7.1.Apparels
10.7.2.Home Furnishing
10.7.3.Industrial
10.7.4.Outdoor
10.8.Prominent Trends
11.Western Europe Acrylic Fiber Market Analysis
11.1.Macroeconomic Factors
11.2.Introduction
11.3.Market Size (US$ Mn) and Volume (KT) Forecast By Country
11.3.1.Germany
11.3.2.Italy
11.3.3.France
11.3.4.U.K.
11.3.5.Spain
11.3.6.Rest of Western Europe
11.4.Market Size (US$ Mn) and Volume (KT) Forecast By Dyeing method
11.4.1.Acid
11.4.2.Gel
11.4.3.Undyed
11.5.Market Size (US$ Mn) and Volume (KT) Forecast By Fiber Form
11.5.1.Staple
11.5.2.Filament
11.6.Market Size (US$ Mn) and Volume (KT) Forecast By Blending
11.6.1.Wool
11.6.2.Cotton
11.6.3.Others
11.7.Market Size (US$ Mn) and Volume (KT) Forecast By End-use
11.7.1.Apparels
11.7.2.Home Furnishing
11.7.3.Industrial
11.7.4.Outdoor
11.8.Prominent Trends
12.Asia Pacific Excl. Japan (APEJ) Acrylic Fiber Market Analysis
12.1.Macroeconomic Factors
12.2.Introduction
12.3.Market Size (US$ Mn) and Volume (KT) Forecast By Country
12.3.1.China
12.3.2.India
12.3.3.ASEAN
12.3.4.OCEANIA
12.3.5.Rest of APEJ
12.4.Market Size (US$ Mn) and Volume (KT) Forecast By Dyeing method
12.4.1.Acid
12.4.2.Gel
12.4.3.Undyed
12.5.Market Size (US$ Mn) and Volume (KT) Forecast By Fiber Form
12.5.1.Staple
12.5.2.Filament
12.6.Market Size (US$ Mn) and Volume (KT) Forecast By Blending
12.6.1.Wool
12.6.2.Cotton
12.6.3.Others
12.7.Market Size (US$ Mn) and Volume (KT) Forecast By End-use
12.7.1.Apparels
12.7.2.Home Furnishing
12.7.3.Industrial
12.7.4.Outdoor
12.8.Prominent Trends
13.Eastern Europe Acrylic Fiber Market Analysis
13.1.Macroeconomic Factors
13.2.Introduction
13.3.Market Size (US$ Mn) and Volume (KT) Forecast By Country
13.3.1.Russia
13.3.2.Poland
13.3.3.Rest of Eastern Europe
13.4.Market Size (US$ Mn) and Volume (KT) Forecast By Dyeing method
13.4.1.Acid
13.4.2.Gel
13.4.3.Undyed
13.5.Market Size (US$ Mn) and Volume (KT) Forecast By Fiber Form
13.5.1.Staple
13.5.2.Filament
13.6.Market Size (US$ Mn) and Volume (KT) Forecast By Blending
13.6.1.Wool
13.6.2.Cotton
13.6.3.Others
13.7.Market Size (US$ Mn) and Volume (KT) Forecast By End-use
13.7.1.Apparels
13.7.2.Home Furnishing
13.7.3.Industrial
13.7.4.Outdoor
13.8.Prominent Trends
14.Latin America Acrylic Fiber Market Analysis
14.1.Macroeconomic Factors
14.2.Introduction
14.3.Market Size (US$ Mn) and Volume (KT) Forecast By Country
14.3.1.Brazil
14.3.2.Mexico
14.3.3.Rest of Latin America
14.4.Market Size (US$ Mn) and Volume (KT) Forecast By Dyeing method
14.4.1.Acid
14.4.2.Gel
14.4.3.Undyed
14.5.Market Size (US$ Mn) and Volume (KT) Forecast By Fiber Form
14.5.1.Staple
14.5.2.Filament
14.6.Market Size (US$ Mn) and Volume (KT) Forecast By Blending
14.6.1.Wool
14.6.2.Cotton
14.6.3.Others
14.7.Market Size (US$ Mn) and Volume (KT) Forecast By End-use
14.7.1.Apparels
14.7.2.Home Furnishing
14.7.3.Industrial
14.7.4.Outdoor
14.8.Prominent Trends

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