Acrylic Fiber Market 2020 Industry Status, Demand and Global Outlook- Aditya Birla Management Corporation Pvt Ltd, Aksa Akrilik Kimya Sanayii AS, Dralon, Jilin Chemical Fiber Group Co. Ltd

The market for acrylic fiber is expected to register a CAGR of around 2% during the forecast period. The demand in blending applications and weak supply of substitutes, like wool and cotton, are the major factors driving the growth of the market studied. On the flipside, availability of cheaper substitutes, like polyester, is expected to hinder the market growth.

- By form, the filament segment accounted for the largest market share, and is expected to grow during the forecast period.
- Untapped potential in South Asia is likely to act as an opportunity in the future.
- Asia-Pacific dominated the global acrylic fiber market, due to high demand from the ASEAN countries and India.

Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-

Aditya Birla Management Corporation Pvt Ltd, Aksa Akrilik Kimya Sanayii AS, Dralon, Jilin Chemical Fiber Group Co. Ltd, Montefibre SpA, SINOPEC Shanghai Petrochemical Co. Ltd, CNPC, DOLAN GmbH, Exlan Japan Co. Ltd, Formosa Plastics Group, Grupo Kaltex SA de CV, Indian Acrylics Limited, Kaneka Corporation, Mitsubishi Chemical Corporation, Pasupati Acrylon Ltd, TAEKWANG INDUSTRIAL CO. LTD

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Scope Of the Report

Forages are plants or parts of plants eaten by herbivorous animals. The report covers the seed market of forage crops, and analysis of different types of forages, and their prospects in different geographical regions. The factors affecting the studied market, either positively or negatively, and competitiveness among global leaders are also included in the report. The report contains a detailed analysis of various parameters of the Acrylic Fiber market. The market studied has been segmented, based on crop type, product type, animal type, and geography.

Increasing Demand of Apparel in Blending Applications

- Acrylic fibers, when blended with other materials, help enhance the physical and chemical characteristics of the end product. For example, cotton-blended yarns and fabrics provide superior comfort, elasticity, warmth, enhanced luster, high uniformity, and have a soft feel to them.
- Furthermore, the stretch from the acrylic makes the yarn soft and easier to work with. Cotton and acrylics are generally blended in the proportions of 75/25, 60/40, or 50/50.
- Wool is another material that is blended with acrylics from time to time, as the resultant end product is always lightweight, possesses good resilience and elasticity.
- Demand for blended fabrics is increasing steadily, owing to its economical nature, when compared to pure materials, along with the added factor of value addition provided by the various blending materials.
- China, Turkey, and India are few of the countries that have acquired significant shares in the blended yarn segment. Turkey, which has one of the largest textile markets in the world, produces around 1 million metric ton of cotton yarn annually.
- Such attributes are expected to drive the market for acrylic fibers in the blending application, throughout the forecast period.

Market segment by Regions/Countries, this report covers
North America (U.S., Canada, Mexico)
Global (Germany, UK, France, Rest of Global)
Asia Pacific (China, India, Japan, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America) 
Middle East & Africa

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Major points covered in this research are:-  

─Acrylic Fiber Market Overview, Segment by Type (Product Category), by Application, by Region (2019-2025), Competition by Manufacturers

─Global Market Size (Value) of Acrylic Fiber (2019-2025)

─Global Acrylic Fiber Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2019-2015)

─Global Acrylic Fiber Production, Revenue (Value), Price Trend by Type

─Global Acrylic Fiber Market Analysis by Application

─Global Acrylic Fiber Manufacturers Profiles/Analysis

─Acrylic Fiber Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Acrylic Fiber Market Forecast (2019-2025)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Acrylic Fiber report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Acrylic Fiber product development and gives an outline of the potential Global market.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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