Global Modacrylic Fibre Market – Industry Trends and Forecast to 2028

Market Analysis and Insight : Global Modacrylic Fibre Market

The modacrylic fiber market is expected to be growing at a growth rate of 5.08% in the forecast period of 2021 to 2028. The modacrylic fiber market report analyses the growth, which is currently being growing due to the rising scope of its application in wood-working industry.

Modacrylic fiber is a fiber created by long chains of acrylonitrile components.  Modacrylic fibers are produced from co-polymers of acrylonitrile which are mixed with other materials such as vinyl bromide, vinyl chloride and vinylidene chloride. These modacrylic fibers have a tendency to display good quality elastic recovery.

Furthermore, the modacrylic fibers are known to be resistant to mildew and insect attacks. Frequently utilized Modacrylic fibers are also made up of acrylonitrile and vinylidene chloride and acrylonitrile and polyvinyl chloride. Modacrylic Fibers are synthetic polymers which have high thermal resistivity. These fibers are also wet spun or dry spun.

Modacrylic fibers are also utilized by the technical fabric manufacturers to achieve protective blends in order to produce PPE as well as toupees, fleece-type fabric, faux fur fabric, and wigs. Their heat-resistant nature makes them the appropriate material for toupees and wigs, enabling easy heat styling with no damage. Other utilizations of modacrylics include paint rollers, industrial fabrics, stuffed toys, and filters.

The growing standardization and industrialization are also anticipated to accelerate the need for protective clothing to make sure the safety of the employees, on the account of shifting lifestyles and the increasing need for hair wigs and hair extensions, are the primary reasons estimated to boost the growth of the modacrylic fiber market in the forecast period.

Factors such as the strict industrial supervision and standardization, the growing demand for the modacrylic protective apparel usage and the rising of the hair fiber application of modacrylic fiber are anticipated to further propel the growth of the modacrylic fiber market in the forecast region.

However, unstable raw material expenditure are most likely estimated to hinder the growth of the modacrylic fiber market. Moreover, the existence of alternatives for example nylon and rayon, absence of alertness and the growing opposition are the factors most likely to further hamper the growth of the modacrylic fiber market in the forecast period. The advancement of the developing countries and the appealing potential in the fashion and thermal protection industry could be posed as opportunities for the growth of the modacrylic fiber market during the forecast period.

This modacrylic fiber market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on modacrylic fiber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Modacrylic Fibre Market Scope and Market Size

The modacrylic fiber market is segmented on the basis of application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

• Based on the application, the modacrylic fiber market is segmented into protective apparel, application, industrial filtration, home furnishings, carpets, hair fiber, upholstery and household, pile, industrial fabrics. Pile is further sub segmented into synthetic or fake fur.

Modacrylic Fibre Market Country Level Analysis

The modacrylic fiber market is analysed and market size, volume information is provided by country, application as referenced above.    

The countries covered in the modacrylic fiber market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. 

Europe dominates the modacrylic fiber market because of in the result of the improvement in end-use industries in the region. Asia Pacific is expected to observe significant amount of growth in the modacrylic fiber market because of the conclusion of the upsurge in the governmental laws and strict guidelines. Furthermore, the utilization of the of fire-resistant materials in the industrial and household products and subsequently the demand for modacrylic fibers is projected to grow which in turn is expected to further boost the growth of the modacrylic fiber market in the region during the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Modacrylic Fibre Market Share Analysis

The modacrylic fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to modacrylic fiber market.

The major players covered in the modacrylic fiber market report are KANEKA CORPORATION, Fushun Rayva Fibre Co. Ltd, FCFA, Fushun Huifu Fire Resistant Fibre Co., Chinatexnet.com, Jiangsu Jinmao International E-Commerce CO.Ltd, Weiku.com, Tianjin GT New Material Technology Co. Ltd., Dralon, Pasupati Acrylon Ltd., TAEKWANG Industrial Co. Ltd., Grupo Kaltex, S.A.de C.V., Formosa Plastics Corporation, Japan Industrial Co., Ltd., China National Petroleum Corporation, China Petrochemical Corporation, Jilin City Chemical Fibre Group Co. Ltd., Aksa, Aditya Birla Management Corporation Pvt. Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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