Acrylic Fibers Market (Updated Version Available)

Acrylic fiber is a synthetic fiber that closely resembles wool in its character. According to the definition of the ISO (International Standards Organization) and BISFA (International Synthetic Fiber Standardization Office), fibers which contain a minimum of 85% acrylonitrile in their chemical structure are called Acrylic Fibers.
Many companies have acrylonitrile plants, which would help them to control production costs. The difference price between acrylonitrile and acrylic fibers is an important factor in determining acrylic fibers profit. During past five years, global acrylic fibers price varied greatly. From 2013, global average price increased from 2831 USD/MT to 2903 USD/MT in 2014. Since 2015, price decreased greatly to 2472 USD/MT. The decrease trend continued in 2016. In 2017, acrylic fibers price started increasing.
All manufactures in the world are committed to the improvement of product. As there are two major production process, such as wet spinning and dry spinning. Dry spinning is an advance technology compared with wet spinning process. Currently, manufacturers in China and India are more likely to used wet spinning process except Indian Acrylics and Qilu Petrochemical (a subsidiary of Sinopec in China). Aksa in Turkey also use wet spinning process.
This industry is affected by the economy and policy, so it\'s important to put an eye to economic indexes and leaders\' prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Acrylic Fibers will increase.

The report offers detailed coverage of Acrylic Fibers industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Acrylic Fibers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Acrylic Fibers market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Acrylic Fibers market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Aksa Akrilik
Dralon
Aditya Birla Group
Exlan
Mitsubishi Rayon Group
Taekwang
Formosa Plastics Corporation
Tong-Hwa Synthetic Fiber
Kaltex Fibers
Toray
DOLAN GmbH
SDF Group
Yousuf Dewan
Indian Acrylics
Pasupati Acrylon
Vardhman
Sinopec
Jilin Qifeng Chemical Fiber
CNPC
Jiangsu Zhongxin Resources Group
Zhejiang Hangzhou Bay Acrylic Fiber

At the same time, we classify Acrylic Fibers according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Wet Spinning
Dry Spinning
Market by Application
Garment Industry
Home Textiles
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Acrylic Fibers market for the forecast period 2021 - 2025?
• What are the driving forces in the Acrylic Fibers market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Acrylic Fibers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?