Assessment of the Global Acrylic Fibre Market
The recent study on the Acrylic Fibre market is a comprehensive analysis of the various parameters that are likely to influence the growth of the Acrylic Fibre market. The historical and current market trends are taken into consideration while predicting the future prospects of the Acrylic Fibre market. Further, the study introspects the major trends that are likely to impact the growth of the Acrylic Fibre market during the forecast period, 20XX-20XX.
The investors, stakeholders, emerging and established players can leverage the data included in the report to develop impactful growth strategies and improve their position in the current Acrylic Fibre market landscape. The report provides a thorough assessment of the micro and macro-economic factors that are expected to impact the growth of the Acrylic Fibre market.
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The competitive assessment section provides insights related to the developments made by leading players in the Acrylic Fibre market in terms of product development, mergers, collaborations, and more. The product portfolio of each company is evaluated along with its pricing structure and marketing strategies.
The regional assessment chapter of the report offers an in-depth understanding of the growth prospects of the Acrylic Fibre market across different geographies such as:
The adoption pattern of the Acrylic Fibre across various end-use industries is highlighted in the report and represented using informative graphs, figures, and tables. The different end-use industries studied in the report include:
By Fibre Form
By Dyeing Method
By End Use
- Home Furnishing
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East and Africa (MEA)
The gel dying segment is estimated to exhibit a CAGR of 3.8% over the forecast period
The gel dyeing segment is estimated to register a CAGR of 3.8% over the forecast period, creating total incremental opportunity of US$ 1,100.85 Mn between 2016 and 2026.
The staple fibre segment is likely to possess more than 60% share in the total incremental opportunity created between 2016 and 2026
The staple fibre segment is expected to hold a disproportionately large share in the global acrylic fibre market throughout the forecast period, accounting for more than 60% share in the total incremental opportunity created between 2016 and 2026.
Cotton blending segment is expected to exhibit a CAGR of 3.7% over the forecast period
The cotton blending segment is anticipated to register a CAGR of 3.7% over the forecast period. When used in blend with other materials, acrylic fibre enhances the physical and chemical characteristics of the end product; therefore, acrylic fibre increasingly finds use in blend applications.
Apparels end-use segment is estimated to create a significant incremental opportunity between 2016 and 2026
The apparels end-use segment is projected to register a CAGR of 3.6% over the forecast period, creating significant incremental opportunity between 2016 and 2026.
Lucrative opportunities for the global acrylic fibre market lie in the APEJ region
In terms of market value, the APEJ acrylic fibre market is projected to increase at a value CAGR of 4.4% over the forecast period, while markets in Japan, U.S., and Europe are expected to register a below average CAGR. Growth in the APEJ acrylic fibre market is largely attributed to a growing use of acrylic fibre for various applications along with macroeconomic growth of the population driven textile industry in the region.
Leading market players are focussing on adopting environment friendly production processes
Some key players in the global acrylic fibre market are Aksa Akrilik Kimya Sanayii A.?. (Aksa), Dralon, Aditya Birla Group, Jilin Chemical Fiber Group Company, TAEKWANG INDUSTRIAL CO. LTD., Exlan Japan Co. Ltd., Kaneka Corporation, Indian Acrylics Limited, Pasupati Acrylon Ltd., and Vardhman Acrylics Ltd. There are various stringent environmental regulations worldwide on the production of acrylic fibre and hence producers are directing their efforts to ensure compliance by adopting an environment friendly production process.
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Valuable Market Insights Included in the Report
- Recent collaborations, mergers, acquisitions, and partnerships
- Revenue growth of the Acrylic Fibre market over the assessment period
- Value chain analysis of prominent players in the Acrylic Fibre market
- Regulatory framework across different regions impacting the Acrylic Fibre market trajectory
- Recent technological advances and innovations influencing the Acrylic Fibre market
The report addresses the following queries related to the Acrylic Fibre market
- How have the production techniques evolved in recent years?
- How can the emerging players in the Acrylic Fibre market establish their foothold in the current Acrylic Fibre market landscape?
- The market in which region is expected to witness the highest growth during the forecast period?
- What is the projected value of the Acrylic Fibre market in 2019?
- How can the emerging players in the Acrylic Fibre market solidify their position in the Acrylic Fibre market?
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