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Modacrylic Fiber Market is projected to reach USD 794.21 million Growth Strategies and Forecast to 2029 | Aksa AkrilkKimya sanayii A.S., China National Petroleum Corporation, ChinaTexNet.com

09-08-2023 12:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Exactitude Consultancy

Modacrylic Fiber

Modacrylic Fiber

Global Modacrylic Fiber Market growing at a CAGR of 4.7%, and it is expected to reach USD 794.21 million by 2029, over the forecast period 2023-2029.

Modacrylic fiber, a synthetic copolymer, is known for its flame-retardant properties, making it suitable for protective clothing, faux fur, carpets, upholstery, and other home furnishings. Its market demand is driven by rising safety standards, flame-resistant clothing, and construction industry demand, making it a popular choice in various industries.

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**Note: Version 2023 has been updated.

What does this report offer?

Market size (historical and future), market growth, technical trends, market share, market dynamics, competitive landscape, and key players are all factors to consider.

Market Trends
Growing Demand for Modacrylic Fiber for Use in Protective Apparel

Modacrylic fiber, a long-chain synthetic polymer with at least 35% acrylonitrile units, is used in high-performance protective clothing like firefighting gear due to flame resistance and durability. Technological advancements in artificial fur have led to the shift to synthetic fur, and regulations have been developed for flame-retardant clothing.

Drivers
Modacrylic fiber is used in fire-resistant suits, carpets, apparel linings, wigs, and filter materials due to its dye-absorbing properties. Its strength, stability, and softer nature make it suitable for carpets, wigs, and personal protective equipment (PPE) manufacturing due to its incremental market growth.

Restraints
Modacrylic fiber's decomposition and low oil absorption, due to extreme heat exposure and low absorption, hinder its market growth in certain industries.

Who are the key industry players?

Aksa AkrilkKimya sanayii A.S., China National Petroleum Corporation, ChinaTexNet.com, Formosa Chemicals and Fiber Corporation, Grupo Kaltex, Japan Chemical Fibers Association, Shanghai Changjie Textile Company Limited, TAEKWANG Industrial Co. Ltd, TORAY INDUSTRIES, Xinke special textile Co., Zhangjiagang Hengfeng Textile Company Limited, Zhejiang Wangzhuo Knitting Co., Ltd, Tiajin Glory Tang Co., Ltd, Kaneka Corporation, TenCate Protective Fabrics, Kaneka Corporation, kaneka Corporation

Recent Developments:

In January 2023, Kaneka Corporation, a Japanese international chemical and synthetic fibres manufacturing company, announced its expansion of GMP manufacturing capacity for mRNA in Kaneka Eurogenetec S.A., a wholly owned group company in Europe.

What precisely is market segmentation?

Modacrylic Fiber Market by Type, 2023-2029, (USD Million), (Kilotons)

Medical Grade

Industrial Grade

Modacrylic Fiber Market by Application, 2023-2029, (USD Million), (Kilotons)

Protective Apparel

Hair Fiber

Upholstery

Modacrylic Pile

Others

Modacrylic Fiber Keyword Analysis by Regions - Global Version

North America (the United States, Canada, and Mexico)

- Europe (Germany, France, the United Kingdom, the Netherlands, Italy, the Nordic countries, Spain, Switzerland, and the remainder of Europe)

- Asia-Pacific (including China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the rest of APAC)

- South America (Brazil, Argentina, Chile, Colombia, and the remaining countries, among others)

- the Middle East and Africa (Saudi Arabia, UAE, Israel, Egypt, Turkey, Nigeria, South Africa, and the rest of the MEA)

This report contains detailed quantitative assessments of the Modacrylic Fiber market as well as recommendations for building strategies to assist market success and growth.

Table of Content:

1 Study Reporting
1.1 Modacrylic Fiber Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Modacrylic Fiber Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Modacrylic Fiber Market Size
2.1.1 Global Modacrylic Fiber Revenue
2.1.2 Global Modacrylic Fiber Production
2.2 Modacrylic Fiber Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Modacrylic Fiber Manufacturers
2.3.2.1 Modacrylic Fiber Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers «Keyword» Product Offered

2.3.2.3 Date of Manufacturers Enter into Modacrylic Fiber Market
2.4 Key Trends for Modacrylic Fiber Markets & Products

3 Market Size by Manufacturers
3.1 Modacrylic Fiber Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Modacrylic Fiber Production by Regions

4.1 Global Modacrylic Fiber Production by Regions
4.1.1 Global Modacrylic Fiber Production Market Share by Regions
4.1.2 Global Modacrylic Fiber Revenue Market Share by Regions
4.2 United States
4.2.1 United States Modacrylic Fiber Production
4.2.2 United States Modacrylic Fiber Revenue
4.2.3 Key Players in United States
4.2.4 United States Modacrylic Fiber Import & Export
4.3 Europe
4.3.1 Europe Modacrylic Fiber Production
4.3.2 Europe Modacrylic Fiber Revenue
5 Modacrylic Fiber Consumption by Regions
5.1 Global Modacrylic Fiber Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Modacrylic Fiber Breakdown Dada by Application
7.2.1 Global Modacrylic Fiber Consumption by Application

7.2.2 Global Modacrylic Fiber Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Modacrylic Fiber Production and Revenue Forecast
9.1.1 Global Modacrylic Fiber Production Forecast
9.1.2 Global Modacrylic Fiber Revenue Forecast
9.2 Modacrylic Fiber Production and Revenue Forecast by Regions
9.2.1 Global Modacrylic Fiber Revenue Forecast by Regions
9.2.2 Global Modacrylic Fiber Production Forecast by Regions
9.3 Modacrylic Fiber Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Modacrylic Fiber Production Forecast by Type
9.4.2 Global Modacrylic Fiber Revenue Forecast by Type

10 Consumption Forecast
10.1 Modacrylic Fiber Consumption Forecast by Application
10.2 Modacrylic Fiber Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Modacrylic Fiber Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Modacrylic Fiber Consumption Forecast by Regions 2018-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Modacrylic Fiber Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Modacrylic Fiber Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Modacrylic Fiber Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Modacrylic Fiber Sales Channels
11.2.2 Modacrylic Fiber Distributors
11.3 Modacrylic Fiber Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Modacrylic Fiber Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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The study of the effects of the Russia-Ukraine War and COVID-19 on Modacrylic Fiber industry will be added to the final report.

The market for Modacrylic Fiber has been thoroughly researched for this research report using both primary and secondary sources. Along with a competitive analysis of the market, segmented by application, type, and geographical trends, it offers a comprehensive overview of the market's present and future goals. Additionally, a dashboard analysis of the previous and current performance of top organizations is provided. To ensure accurate and thorough information about the Modacrylic Fiber Market, a range of approaches and analysis are utilized in the study.

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Exactitude Consultancy is a Market Research And consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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