Acrylic fibre is created using either wet or dry spinning extrusion techniques. Despite their chemical stability, these fibres undergo several physical and chemical changes as temperatures rise. Acrylic fibre is commonly used as a precursor in the manufacture of graphite and carbon fibre.
Global Acrylic Fibre Market Overview:
The Global Acrylic FibreMarket Research Report has conducted a thorough assessment of the present state, which includes definitions, classifications, applications, and the intricate structure of the industrial chain within the targeted sector. This study gives insights into the current market state, historical market performance, production and consumption rates, demand-supply dynamics, and revenue estimates for the projected term, all with unbiased and expert analysis. Notably, the report includes strategic aims and growth methods used by prominent players in this area. Mergers and acquisitions, business transactions, partnerships, collaborations, joint ventures, brand marketing, and product introductions are all part of this study. In conclusion, this study provides a thorough view of the sector's national and regional landscape.
Key Insights:
Global Acrylic Fibre Market size was estimated at USD 1.97 Mn. in 2021. It is expected to expand at a CAGR of 2.65% from 2021 to 2029.
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COVID-19 Impact on Global Acrylic Fibre Market:
The Global Acrylic Fibre industry has bore the brunt of the COVID-19 pandemic, with far-reaching consequences. Production facilities were halted due to disruptions and manpower shortages. This issue resulted in a severe and protracted decrease in production utilisation, which was exacerbated by travel restrictions and facility closures that kept employees away from their workplaces, slowing the Global Acrylic Fibre market in 2020. The negative impacts of COVID-19 on this market, however, are predicted to be ephemeral, with a rapid comeback forecast by early 2021, driven by increased demand for Global Acrylic Fibre .
Global Acrylic Fibre Market Drivers:
In the long run, increased demand for garments is likely to be a primary driver of market growth. Acrylic textiles are well-known for their long-lasting quality and rich appearance. They are exceedingly light due to their low specific gravity. They may be worn in both dry and cold circumstances due to their excellent moisture control and insulation. These fibres are widely used as a wool substitute due to their heat retention, form retention, and quick-dry qualities. They are also used to manufacture artificial wool, which is a less expensive option.
Global Acrylic Fibre Market Segmentation:
by Form
• Staple
• Filament
by Application
• Apparel
• Household Furnishing
• Industrial
• Others
by Dying Method
• Acid
• Gel
• Undyed
by Blending
• Wool
• Cotton
• Others
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Key Players:
This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of...
• Aditya Birla Management Corporation Pvt. Ltd.
• Aksa Akrilik Kimya Sanayii A.Ş.
• China Petroleum Chemical Corporation
• Dralon
• FORMOSA PLASTIICS CORPORATIION
• Indian Acrylics Limited
• Japan Exlan Co., Ltd.
• Jilin Chemical Fiber Group Co., Ltd
• Kaltex
• KANEKA CORPORATION
• Mitsubishi Chemical Corporation
• Pasupati Acrylon Ltd
• PetroChina Company Limited
• TAEKWANG INDUSTRIAL CO., LTD
• TORAY INDUSTRIES, INC.
• Vardhman Acrylics Ltd.
Regional Analysis:
The region section of the research also includes important market influencing factors and changes in market regulation that impact the market's current and future trends. Some of the primary variables utilised to assess the market scenario for various locales are new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. Furthermore, when offering forecast analysis of national data, the existence and availability of brands, as well as the challenges they face as a result of strong or weak competition from local and domestic brands, as well as the influence of sales channels, are considered.
Table Of Content:
1. Global Acrylic Fibre Market: Research Methodology
2. Global Acrylic Fibre Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Acrylic Fibre Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Acrylic Fibre Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 MA by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
Key Questions Answered in the Global Acrylic Fibre Market Report are:
- Which segment emerged as the leading segment in the Global Acrylic Fibre Market?
- Which are the key players in the Global Acrylic Fibre market?
- What trends are likely to emerge in the Global Acrylic Fibre Market in the coming years?
- What will be the Global Acrylic Fibre market size by 2027?
- Which company held the largest share in the Global Acrylic Fibre Market in 2020?
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