Global Acrylic Fibers Market Analysis, Trends, and Forecasts 2019-2025 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Acrylic Fibers – Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Acrylic Fibers market worldwide is projected to grow by US$785.2 Million, driven by a compounded growth of 2.1%.

Staple Acrylic Fibers, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.3 Billion by the year 2025, Staple Acrylic Fibers will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 1.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$31.2 Million to the region's size and clout in the next 5 to 6 years. Over US$23.3 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Staple Acrylic Fibers will reach a market size of US$260.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.3% over the next couple of years and add approximately US$215.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

Aksa Akrilik Kimya Sanayii AS

Dralon GmbH

Formosa Plastics Corporation

Taekwang Industrial Co., Ltd.

Toray Industries, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Acrylic Fibers Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

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

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Acrylic Fibers Market: Competitor Market Share Scenario (in %) for 2019 & 2025

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

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/19ley7

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