Global Acrylic Fibers Market Introduction and Overview
According to SPER market research, ‘Global Acrylic Fibers Market Size- By Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Acrylic Fibers Market is predicted to reach 7.75 billion by 2034 with a CAGR of 3.68%.
Polyacrylonitrile, a polymer that contains at least 85% acrylonitrile monomer, is the building block of synthetic fibers referred to as acrylic. These fibers, which were first developed as a wool substitute in the middle of the 20th century, are lightweight, resistant to environmental factors, and offer a similar level of warmth and texture. Acrylic fibers have many uses due to their well-known softness, warmth, and durability, particularly in the apparel and textile industries.
Restraints:Numerous significant problems are impeding the global acrylic fibers market’s expansion and long-term viability. The production of acrylic fiber is susceptible to changes in the price of crude oil and interruptions in supply due to its heavy reliance on acrylonitrile, a raw material derived from petroleum. Stricter rules and more pressure on manufacturers to use cleaner technologies are the results of regulatory bodies’ and environmental organizations’ concerns regarding the non-biodegradable nature of acrylic fibers and their role in microplastic pollution.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Type, ByApplication
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
AdityaBirla Management Corporation Pvt. Ltd., Aksa Akrilik Kimya Sanayii AS, ChinaPetrochemical Corporation (Sinopec), Dralon, Formosa Plastics Corporation,Indian Acrylics Limited, Japan Exlan Co. Ltd., Jiangsu Zhongxin ResourcesGroup, Kaltex, Kaneka Corporation
Global Acrylic Fibers Market Segmentation:
By Type:Based on the Type, Global Acrylic Fibers Market is segmented as; Wet Spinning Acrylic Fibres, Dry Spinning Acrylic Fibres.
By Application:Based on the Application, Global Acrylic Fibers Market is segmented as; Garment Industry, Home Textiles, Others.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Acrylic Fibers Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Acrylic Fibers Market
- 7. Global Acrylic Fibers Market, By Type 2021-2034 (USD Million)
- 7.1. Wet Spinning Acrylic Fibers
- 7.2. Dry Spinning Acrylic Fibers
- 8. Global Acrylic Fibers Market, By Application 2021-2034 (USD Million)
- 8.1. Garment Industry
- 8.2. Home Textiles
- 8.3. Others
- 9. Global Acrylic Fibers Market 2021-2034 (USD Million)
- 9.1. Global Acrylic Fibers Market Size and Market Share
- 10. Global Acrylic Fibers Market, By Region, 2021-2034 (USD Million)
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
- 11. Company Profile
- 11.1. Aditya Birla Management Corporation Pvt. Ltd.
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Aksa Akrilik Kimya Sanayii AS
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. China Petrochemical Corporation (Sinopec)
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Dralon
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Formosa Plastics Corporation
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Indian Acrylics Limited
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Japan Exlan Co. Ltd.
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Jiangsu Zhongxin Resources Group
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Kaltex
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Kaneka Corporation
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
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