Global Acrylic Fibers Industry Research Report, Growth Trends and Competitive Analysis 2013-2025

This report studies the Acrylic Fibers market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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".

Many companies have acrylonitrile plants, which would help them to control production costs. The difference price between acrylonitrile and acrylic fibers is an important factor in determining acrylic fibers profit. During past five years, global acrylic fibers price varied greatly. From 2013, global average price increased from 2831 USD/MT to 2903 USD/MT in 2014. Since 2015, price decreased greatly to 2472 USD/MT. The decrease trend continued in 2016. In 2017, acrylic fibers price started increasing.

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 it’s 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.

The global Acrylic Fibers market was 4100 million US$ in 2017 and is expected to 4950 million US$ by the end of 2025, growing at a CAGR of 2.4% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Acrylic Fibers in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    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

By the product type, the market is primarily split into

    Wet Spinning

    Dry Spinning

By the end users/application, this report covers the following segments

    Garment Industry

    Home Textiles

    Others

The study objectives of this report are:

    To study and analyze the global Acrylic Fibers market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

    To understand the structure of Acrylic Fibers market by identifying its various subsegments.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    Focuses on the key global Acrylic Fibers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the Acrylic Fibers with respect to individual growth trends, future prospects, and their contribution to the total market.

    To project the value and volume of Acrylic Fibers submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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