Global Acrylic Fibers Market to Reach $6.4 Billion by 2030 at a 3.5% CAGR

Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Acrylic Fibers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Acrylic Fibers Market to Reach $6.4 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Acrylic Fibers estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$6.4 Billion by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. Staple Acrylic Fibers, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$4.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Filament Acrylic Fibers segment is readjusted to a revised 3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 6% CAGR

The Acrylic Fibers market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Select Competitors (Total 42 Featured) -

• Aksa Akrilik Kimya Sanayii AS
• Dralon GmbH
• Formosa Plastics Corporation
• Taekwang Industrial Co., Ltd.
• Toray Industries, Inc.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Acrylic Fibers - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• 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

• Table 1: World Recent Past, Current & Future Analysis for Apparel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 2: World Historic Review for Apparel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 3: World 16-Year Perspective for Apparel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
• Table 4: World Recent Past, Current & Future Analysis for Household Furnishing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 5: World Historic Review for Household Furnishing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 6: World 16-Year Perspective for Household Furnishing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
• Table 7: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 8: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 9: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
• Table 10: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 11: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 12: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
• Table 13: World Acrylic Fibers Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
• Table 14: World Recent Past, Current & Future Analysis for Acrylic Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 15: World Historic Review for Acrylic Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 16: World 16-Year Perspective for Acrylic Fibers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
• Table 17: World Recent Past, Current & Future Analysis for Staple Acrylic Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 18: World Historic Review for Staple Acrylic Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 19: World 16-Year Perspective for Staple Acrylic Fibers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
• Table 20: World Recent Past, Current & Future Analysis for Filament Acrylic Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
• Table 21: World Historic Review for Filament Acrylic Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
• Table 22: World 16-Year Perspective for Filament Acrylic Fibers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• Aksa Akrilik Kimya Sanayii AS
• Dralon GmbH
• Formosa Plastics Corporation
• Taekwang Industrial Co., Ltd.
• Toray Industries, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/vtjtw

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Attachment

• Global Market for Acrylic Fibers