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Acrylic fibers are also known as synthetic fibers which consist of almost 85% acrylonitrile monomer in their chemical composition. They are widely used across various industrial applications such as apparel, home furnishing, industrial, etc. It can be used as 100% pure, or in combination with other natural and synthetic fibers. The global acrylic fiber market was valued at US$ 4,587.8 Mn in 2018 and is anticipated to reach USD 6,225.2 Mn by the end of 2027, growing at a CAGR of 3.9% during the forecast period (2019 to 2027).
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Acrylic Fibers Market Insights, Share, Growth And Future Trends The latest research report on Acrylic Fibers Market covers recent trends saw in the worldwide market. This study revolves around the most recent occasions, for instance, the mechanical improvements, product developments, and their outcomes in the international Acrylic Fibers market. The market comprises of information collected from various essential and auxiliary sources. This data has been validated by business experts and professionals, subsequently giving huge bits of knowledge to the stakeholders, examiners, supervisors and industry leaders. To know the latest trends and insights prevalent in this market, click the link: https://www.coherentmarketinsights.com/market-insight/acrylic-fibers-market-3130 The Acrylic Fibers Industry research sheds light on an in-depth analysis of the qualitative and quantitative aspects by numerous industry professionals and key opinion leaders, in order to present a detailed analysis into the Acrylic Fibers market and industry norms. Further, the report provides a comprehensive insight of the historical and present market landscape, including future forecast with regards to the technical advancements, demand and supply analysis, micro and macro economical factors, governing factors and development patterns in the market. The report sheds light on the key strategies undertaken by the leading players in the market. Competitive Analysis: The major players are focusing highly on innovation in technologies to improve efficiency level. The industry growth outlook is captured by ensuring ongoing process improvements of players and optimal investment strategies. Each company's revenue figures, Y-o-Y growth rate and gross & operating margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers & acquisition, patent approval and new launch etc.
Market Trends/Key Takeaways In Europe, rising acquisition of production units of acrylic fiber unit is a key trend observed in the market, especially in Japan. For instance, In May 2015, Praedium, a producer of yarn & fabrics, has acquired Spain based acrylic fiber manufacturer Montefibre Hispania SA. The growing developing of advanced technologies for the manufacturing of acrylic fiber in the Asia Pacific region, especially in China and India is a major trend observed in the region. For instance, in 2015, China-based manufacturer Jilin Qifeng Chemical Fiber Co., Ltd developed the differentiated acrylic fiber technology. In differentiated acrylic fiber technology, fibers are differentiated by infrared spectroscopy. Further, the differentiated acrylic fiber technology enhances the value of colorless acrylic fibers which helps to better assess their significance. Download the sample of Report with table of contents and Figures @ https://www.coherentmarketinsights.com/insight/request-sample/3130 Competitive Section Company Profiles Aksa Akrilik Kimya Sanayii A.?.(Aksa) Dralon Aditya Birla Group Jilin Chemical Fibre Company TAEKWANG INDUSTRIAL CO., LTD Exlan Japan Co., Ltd. Kaneka Corporation Indian Acrylics Limited Pasupati Acrylon Ltd. Vardhman Acrylics Ltd This report provides: An overview of the global market for Acrylic Fibers and related products. • Market dynamics, including the drivers, restraints, challenges, threats, and the potential • growth opportunities of the market. Various trends, in terms of geography, on a global and regional scale. The market size and • shares of all the regions, along with the forecast analysis, have been included in this report. Discussion of R&D, and the demand for new products and new applications. • Detailed company profiles of leading competitors in the industry. •
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