+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Acrylic Fibers - Global Market Trajectory & Analytics

  • ID: 4804531
  • Report
  • September 2020
  • Region: Global
  • 279 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • DRALON GMBH
  • EXLAN JAPAN CO., LTD.
  • FORMOSA PLASTICS GROUP
  • GRUPO KALTEX S.A. DE C.V.
  • PASUPATI
  • MORE
Global Acrylic Fibers Market to Reach $5.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Acrylic Fibers estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$5.3 Billion by 2027, growing at a CAGR of 0.8% over the period 2020-2027. Staple Acrylic Fibers, one of the segments analyzed in the report, is projected to record 0.9% CAGR and reach US$4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Filament Acrylic Fibers segment is readjusted to a revised 0.5% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 1.9% CAGR

The Acrylic Fibers market in the U. S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$973.1 Million by the year 2027 trailing a CAGR of 1.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.2% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0% CAGR. We bring years of research experience to this 5th edition of our report. The 279-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Aksa Akrilik Kimya Sanayii AS
  • Dralon GmbH
  • Formosa Plastics Corporation
  • Taekwang Industrial Co., Ltd.
  • Toray Industries, Inc.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • DRALON GMBH
  • EXLAN JAPAN CO., LTD.
  • FORMOSA PLASTICS GROUP
  • GRUPO KALTEX S.A. DE C.V.
  • PASUPATI
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Acrylic Fibers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
  • A Prelude to Acrylic Fibers
  • Global Acrylic Fibers Market to Grow at a Steady Rate
  • Staple Acrylic Fibres Dominate the Global Acrylic Fibers Market Growth
  • Growing Urbanization and the Rising Emphasis on Fashion Clothing Propels the Market for Acrylic Fibers
  • Growing Demand for Blended Fabrics to Spur the Market for Acrylic Fibers
  • Cotton-blended Yarns – Much in Demand
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Growing Demand from Apparel Industry for Acrylic Fibers Drives Market Opportunities
  • Increasing Use of Acrylic Fibers in Household Furnishings Bodes Well for Market Expansion
  • Manufacturers Continue to Maintain Steady Prices despite Decline in Acrylonitrile Costs
  • Acrylic Fibers Face Competition from Low-cost Fibers including Polyester Fibers
  • Declining Global Exports of Acrylic Fibers
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Acrylic Fibers Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Acrylic Fibers Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
3 of 3
  • AKSA AKRILIK KIMYA SANAYII AS
  • DRALON GMBH
  • EXLAN JAPAN CO., LTD.
  • FORMOSA PLASTICS GROUP
  • GRUPO KALTEX S.A. DE C.V.
  • JIANGSU ZHONGXIN RESOURCES GROUP
  • JILIN QIFENG CHEMICAL FIBER CO.
  • NINGBO ZHONGXIN ACRYLIC FIBERS CO., LTD.
  • PASUPATI
Note: Product cover images may vary from those shown
Adroll
adroll