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Acrylic Fibers Market | Trends & forecast | 2018-2023

This report, from Stratview Research, studies the acrylic fibers market over the trend period of 2012 to 2017 and the forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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Acrylic Fibers Market | Trends & forecast | 2018-2023

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  1. PresentsaResearchReporton AcrylicFibersMarket sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com MarketReports Advisory&Consulting SourcingIntelligence

  2. AcrylicFibersMarketHighlightsandDrivers • TheacrylicfibersmarketislikelytogrowatamodestCAGRof1.3%overthenextfiveyears.Acrylicfibersarelightweightandhavesoftnessandwarmth. • Theyalsoofferexcellentresistancetoultravioletdegradation,microbiologicalattack,weakalkalis,andlaundrybeach.Overthepastsomeyears,acrylicfibershavebeenfacingtoughcompetitionfromlow-costfibersincludingpolyesterfibers.Polyesterfiberhasalowercost,excellentrawmaterialavailability,andrecyclability. • Theglobalexportofacrylicfibershassignificantlydeclinedintherecentyearsandthissituationseemstoprevailintheforeseeablefuture. • Thehighercostofacrylicfiberisthebiggestconstraintofthemarket.Thecostofacrylicfiberishighlydependenton • acrylonitrile(ACN)cost. • ThevolatilityofACNpricesmakesahugeimpactonthedemandforacrylicfibers.DespitetherecentdeclineinACNprices,thepricesofacrylicfibersarestillhigherthanthepolyesterfibers. • However,theincreasingdemandfromtheapparelindustryandthegrowingapplicationofacrylicfibersinhouseholdfurnishingssustainthepresentglobalacrylicfibersmarket. www.stratviewresearch.com

  3. MarketInsights • ByFormType • Staplefiberscurrentlyaccountforthree-fourthsofthetotalmarketandareexpectedtomaintaintheir • dominanceinthemarketoverthenextfiveyears. • Thefibertypeisalsolikelytoregisterahighergrowthoverthesameperiod.Acrylicfibersaremanufacturedthroughtwoprocesses:DrySpinningandWetSpinning.Staplefibermanufacturedfromdryspinningprocessoffersawidearrayofadvantagesincludingdimensionalstabilityanddiscretelength. • ByBlendingType • Woolisestimatedtoremainthelargestsegmentofthemarketoverthenextfiveyears.Thekeywhysand • whereforesforblendingwoolwithacrylicfibersaretoobtainnon-itchy,moreaffordability,andcomfortproperties. • Cotton,anotherconsiderablesegment,islikelytowitnessthehighestgrowthduringthesameperiod. • Cottonisblendedwithacrylicfibersinordertoproducesuperiorpropertiesincludingexcellentsoftness,warmness,anddurability. • ByEndUserType • Themarketissegmentedintoapparel,householdfurnishing,industrial,andothers.TheapparelsegmentcurrentlyholdsthelargestshareofthemarketandisalsoestimatedtogrowatthehighestCAGRduringtheforecastperiod. • Awideuseofacrylicfiberscoupledwithalargeapplicationbaseincludingsweater,sportswear,childrenwear,andsocksarethemajorfactordrivingthegrowthofthesegment.Changinglifestyle,evolvingfashiontrends,growingdisposableincome,andincreasingstandardoflivingaregivinganimpetustothedemandforapparelsworldwide.Also,acrylicfiberfindsawideruseinthemanufacturingofhouseholdfurnishing. www.stratviewresearch.com

  4. MarketInsights • ByRegion • Asia-Pacificholdsthelargestchunkofthemarketandisexpectedtoremainthemostdominantmarketinthe • foreseenfuture.Asia-Pacificaloneholdsmorethan60%ofthetotalcapacityofacrylicfibers,mainlyinChina. • Indiais likely to be the new growth engine of the region’s market for acrylic fibersinthecomingyears,drivenbyrisingpopulation,increasingdisposableincome,andchanginglifestyle. • TheMiddleEast&Africa,thesecondlargestmarketafterAsia-Pacific,islikelytogrowatahealthyrateoverthenextfiveyears,drivenbySaudiArabia,theUAE,andQatar. • Itisestimatedthatthesecountrieswillremaintoplayapivotalroleindrivingthedemandforacrylicfibersintheregionintheforeseenfuture.EuropeandNorthAmericaarelikelytoremainthesmallmarketsinthecomingyears.TherateofgrowthisalsolikelytobeslowerthanthatofAsia-PacificandtheMiddleEastregions. www.stratviewresearch.com

  5. CompetitiveInsights KeyCompaniesAnalysed AksaAkrilikKimyaSanayiiAS DralonGmbH FormosaPlasticsGroupIndianAcrylicsLimited JILINQIFENGCHEMICALFIBERCO.,LTD. Kaltex PasupatiAcrylonLimited PolymirSINOPEC ThaiAcrylicFiberCo.Ltd. www.stratviewresearch.com

  6. ResearchMethodology StratviewResearchfollowsarigorousmethodologywithhighemphasisonprimaryresearchandmultiplewaysofdatatriangulation.Weconductprimaryresearchacrossthevaluechaintoprovide360degreeviewofthemarket. StratviewResearchInternalKnowledgebase SecondaryResearch PrimaryResearch • AnnualReports/FactBook • CompanyWebsites • Magazines/Publications • PressReleases&Journals • IndustryNews • AssociationArticles • GovernmentDocuments • SocialMedia • Others • Robustdatabaseacrossvaluechain • In-houseindustryveteransasadvisors • Projectbasedsubjectmatterexperts • IndustryPlayers • IndustryExperts • Suppliers • Customers • Associations • GovernmentInstitutions • Others DataAnalysis(TopDownandBottomUpApproach) DataTriangulation(DataEvaluationandMultipleDataTriangulation) FinalDeliverables(FinalReportwithAllFindings) www.stratviewresearch.com

  7. ReportFeatures • Thisreportprovidesmarketintelligenceinthemostcomprehensiveway.Thereportstructurehasbeenkeptsuchthatitoffersmaximumbusinessvalue.Itprovidescriticalinsightsonthemarketdynamicsandwillenablestrategicdecisionmakingfortheexistingmarketplayersaswellasthosewillingtoenterthemarket.Thefollowingarethekeyfeaturesofthereport: • Marketstructure:Overview,industrylifecycleanalysis,supplychainanalysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Markettrendandforecastanalysis. • Marketsegmenttrendandforecast. • Competitivelandscapeanddynamics:Marketshare,productportfolio,productlaunches,etc. • Attractivemarketsegmentsandassociatedgrowthopportunities. • Emergingtrends. • Strategicgrowthopportunitiesfortheexistingandnewplayers. • Keysuccessfactors. www.stratviewresearch.com

  8. MarketSegmentation AcrylicFibersMarketbyFormType: StapleFiber(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW) FilamentFiber(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW) AcrylicFibersMarketbyBlendingType: Wool(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW)Cotton(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW)Cellulose(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW)Others(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW) AcrylicFibersMarketbyEnd-UseIndustry: Apparel(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW) HouseholdFurnishings(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW)Industrial(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW) Others(RegionalAnalysis:NorthAmerica,Europe,Asia-Pacific,andRoW) AcrylicFibersMarketbyRegion: NorthAmerica(CountryAnalysis:theUSA,Canada,andMexico) Europe(CountryAnalysis:Germany,France,theUK,Russia,andRestofEurope)Asia-Pacific(CountryAnalysis:China,Japan,India,andRestofAsia-Pacific) RestoftheWorld(Sub-RegionAnalysis:LatinAmerica,theMiddleEast,andOthers) www.stratviewresearch.com

  9. AboutStratviewResearch StratviewResearchisaglobalmarketintelligencefirmprovidinghighqualitysyndicatedreports,customresearchandconsultingservices. OurServices WhyUs? HighCustomerDelight MarketReports RichIndustryExperience Advisory&Consulting RobustMethodology CustomResearch EffectiveBusinessDecisions www.stratviewresearch.com

  10. ContactUsforMoreInformationandSamplePages AskforSamplePageshere: https://www.stratviewresearch.com/363/Acrylic-Fibers-Market.html Emailusat: sales@stratviewrsearch.com CallUs: +1-313-307-4176 www.stratviewresearch.com 10

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