Acrylic Fiber Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2019 – 2023

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Acrylic Fiber Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Acrylic Fiber Market Research Report- Forecast to
2023
Acrylic Fiber Market - Overview
The Global Acrylic Fiber Market is expected to
progress at a steady 1.38 CAGR over the forecast
period from 2017 to 2023, according to the latest
research report from Market Research Future
(MRFR). The report predicts the Global Acrylic
Fiber Market to reach a valuation of more than
USD 5 billion by 2023. The growing apparel
industry could provide a steady boost to the
Global Acrylic Fiber Market over the forecast
period. Acrylic fibers are used in a wide variety
of specialty industrial apparel due to their high
electrical resistance, which is likely to remain
a key application for the Acrylic Fiber Market
over the forecast period. The growing industrial
applications in Asia Pacific and other emerging
regions could prove to be a valuable refuge for
the Global Acrylic Fiber Market over the forecast
period. However, the Global Acrylic Fiber Market
is on the decline due to the growing demand for
substitutes that are more environmentally viable
and more widely usable. Acrylic Fibers are made
from polyacronitrile, a petroleum byproduct. The
growing awareness about the scarcity of petroleum
resources and the growing emphasis on finding
solutions that satisfy both the need for the
expansion of human endeavor and environmental
requirements is likely to lead to a slow decline
of the Acrylic Fibers Market over the forecast
period and beyond.
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Acrylic Fiber Market Research Report- Forecast to
2023
Segmental Analysis
The Global Acrylic Fiber Market has been
segmented based on Form, Blending, End User and
Region.By Form, the Global Acrylic Fiber Market
is segmented into staple and filament. The staple
segment accounted for a share of more than
two-thirds in the Global Acrylic Fiber Market in
2016 and is likely to remain the dominant revenue
generator over the forecast period. The staple
segment is expected to exhibit a strong 1.49
CAGR over the forecast period.By Blending, the
Global Acrylic Fiber Market is segmented into
cotton, wool, and others. The wool segment is
expected to account for the dominant share in the
Global Acrylic Fiber Market, accounting for a
valuation of USD 2.9 billion by the end of the
forecast period. The wool segment is expected to
exhibit a strong 1.43 CAGR over the forecast
period.By End Use, the Global Acrylic Fiber
Market is segmented into apparel, household
furnishing, industrial, and others. The apparel
segment holds the dominant share in the Global
Acrylic Fiber Market and is expected to account
for a valuation of more than USD 3.8 billion by
the end of the forecast period.View Full Press
Release _at_ https//www.marketresearchfuture.com/rep
orts/acrylic-fiber-market-2125

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Acrylic Fiber Market Research Report- Forecast to
2023
Regional Outlook
Asia Pacific dominates the Global Acrylic Fiber
Market due to the strong presence of the apparel
industry in the region. The Asia Pacific market
for Acrylic Fiber was valued at more than USD 2.8
billion in 2016 and is expected to exhibit growth
at a robust CAGR of 1.61 over the forecast
period. China is the leading producer of Acrylic
Fibers in Asia Pacific and is likely to hold onto
the mantle over the forecast period due to steady
growth of the acrylics manufacturing sector in
the country.
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Acrylic Fiber Market Research Report- Forecast to
2023
Major Players in this Research

• Acrylic Fiber Market Prominent Players
• Aksa Akrilik Kimya Sanayii A.S.
• Jilin Qifeng Chemical Fiber Co. Ltd.
• Kaltex
• Pasupati Acrylon Limited
• Formosa Plastic Group
• Polymir
• Sinopec
• Indian Acrylics Limited
• Thai Acrylic Fiber Co. Ltd.
• Dralon

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