MODACRYLIC FIBER Market By Type (Medical Grade, Industrial Grade), By Application (Protective Apparel, Hair Fiber, Upholstery, Modacrylic Pile, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The global modacrylic fiber market was valued at $550.0 million in 2021, and is projected to reach $866.4 million by 2031, growing at a CAGR of 4.7% from 2022 to 2031.

Modacrylic fiber is also known as modified acrylic fiber and synthetic acrylic fiber that exhibits less than 85%, but at least 35% of the weight of acrylonitrile monomer fiber. It possesses various functionalities, such as it is a soft material, resilient, has strong tenacity, resistant to heat, chemicals, corrosion, and sunlight, and retentive in shapes. Owing to such properties, it has a wide range of applications. It can withstand high temperatures that make them suitable for thermal insulation and heat stabilization applications in various end-use industries, such as automotive, industrial, medical, mining, extraction, petrochemicals, and others.

The factors such as rise in industrialization, increase in disposable income among people has surged the demand modacrylic fiber. Modacrylic fiber is resistant to flame and corrosion due to which they are widely in petroleum, mining & extraction, and manufacturing plants of chemicals in the form of protective clothing. This is predicted to propel the growth of the modacrylic fiber market.

However, stringent rules and regulations are set by the U.S. National Emission Standards for Hazardous Air Pollutants (NESHAP) on use of acrylonitrile production and recycling issues. In addition to this, lack of awareness among people, growing competition in the protective apparel sector, and rise in prices of raw materials hampered the growth of the market. These factors are responsible for the downfall of the growth of the modacrylic fiber market.

The rapid increase in the population, rise in import and export of luxurious and comfortable wooden furniture, up-gradation in technology, and less investment for an upholstered factory of furniture has led the demand for modacrylic fibers. Modacrylic fibers are highly fire & corrosion resistant and have high durability, thus, are widely used in upholstery sectors in soft furnishings and in cushions. These factors are anticipated to offer remunerative opportunities for the modacrylic fiber market during the forecast period.

The modacrylic fiber market is segmented on the basis of type, application, and region. On the basis of type, the market is categorized into medical grade and industrial grade. On the basis of application, it is divided into protective apparel, hair fiber, upholstery, modacrylic pile, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global modacrylic fiber market profiles leading players such as Aksa AkrilkKimya sanayii A.S., China National Petroleum Corporation, ChinaTexNet.com, Formosa Chemicals & Fiber Corporation , Grupo Kaltex, GT, Japan Chemical Fibers Association, Kaneka Corporation, Shanghai Changjie Textile Company Limited , TAEKWANG Industrial Co. Ltd., TenCate Protective Fabrics, Toray Industries, Inc., Xinke Special Textile Co., Ltd., Zhangjiagang Hengfeng Textile Company Limited, and Zhejiang Wangzhuo Knitting Co., Ltd. The global modacrylic fiber market report provides in-depth competitive analysis as well as profiles of these major players.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the modacrylic fiber market analysis from 2021 to 2031 to identify the prevailing modacrylic fiber market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the modacrylic fiber market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global modacrylic fiber market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Medical Grade
Industrial Grade

By Application

Protective Apparel
Hair Fiber
Upholstery
Modacrylic Pile
Others

By Region

North America
- U.S.
- Canada
- Mexcio
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- South Korea
- Australia
- Rest of Asia-Pacific
- China
- Japan
- India
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Aksa AkrilkKimya sanayii A.S.,
- China National Petroleum Corporation
- ChinaTexNet.com,
- Formosa Chemicals and Fiber Corporation
- Grupo Kaltex,
- Japan Chemical Fibers Association
- Shanghai Changjie Textile Company Limited
- TAEKWANG Industrial Co. Ltd
- TORAY INDUSTRIES
- Xinke special textile Co.
- Zhangjiagang Hengfeng Textile Company Limited
- Zhejiang Wangzhuo Knitting Co., Ltd
- Tiajin Glory Tang Co., Ltd
- , TenCate Protective Fabrics
- Kaneka Corporation
- kaneka Corporation

Product Code: A17106

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
3.7.Key Regulation Analysis

CHAPTER 4: MODACRYLIC FIBER MARKET, BY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Medical Grade
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Industrial Grade
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country

CHAPTER 5: MODACRYLIC FIBER MARKET, BY APPLICATION

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Protective Apparel
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Hair Fiber
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
5.4 Upholstery
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
5.5 Modacrylic Pile
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country
5.6 Others
- 5.6.1 Key market trends, growth factors and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market analysis by country

CHAPTER 6: MODACRYLIC FIBER MARKET, BY REGION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Type
- 6.2.3 North America Market size and forecast, by Application
- 6.2.4 North America Market size and forecast, by country
  - 6.2.4.1 U.S.
  - 6.2.4.1.1 Market size and forecast, by Type
  - 6.2.4.1.2 Market size and forecast, by Application
  - 6.2.4.2 Canada
  - 6.2.4.2.1 Market size and forecast, by Type
  - 6.2.4.2.2 Market size and forecast, by Application
  - 6.2.4.3 Mexcio
  - 6.2.4.3.1 Market size and forecast, by Type
  - 6.2.4.3.2 Market size and forecast, by Application
6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Type
- 6.3.3 Europe Market size and forecast, by Application
- 6.3.4 Europe Market size and forecast, by country
  - 6.3.4.1 Germany
  - 6.3.4.1.1 Market size and forecast, by Type
  - 6.3.4.1.2 Market size and forecast, by Application
  - 6.3.4.2 France
  - 6.3.4.2.1 Market size and forecast, by Type
  - 6.3.4.2.2 Market size and forecast, by Application
  - 6.3.4.3 U.K.
  - 6.3.4.3.1 Market size and forecast, by Type
  - 6.3.4.3.2 Market size and forecast, by Application
  - 6.3.4.4 Italy
  - 6.3.4.4.1 Market size and forecast, by Type
  - 6.3.4.4.2 Market size and forecast, by Application
  - 6.3.4.5 Spain
  - 6.3.4.5.1 Market size and forecast, by Type
  - 6.3.4.5.2 Market size and forecast, by Application
  - 6.3.4.6 Rest of Europe
  - 6.3.4.6.1 Market size and forecast, by Type
  - 6.3.4.6.2 Market size and forecast, by Application
6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Type
- 6.4.3 Asia-Pacific Market size and forecast, by Application
- 6.4.4 Asia-Pacific Market size and forecast, by country
  - 6.4.4.1 China
  - 6.4.4.1.1 Market size and forecast, by Type
  - 6.4.4.1.2 Market size and forecast, by Application
  - 6.4.4.2 Japan
  - 6.4.4.2.1 Market size and forecast, by Type
  - 6.4.4.2.2 Market size and forecast, by Application
  - 6.4.4.3 India
  - 6.4.4.3.1 Market size and forecast, by Type
  - 6.4.4.3.2 Market size and forecast, by Application
  - 6.4.4.4 South Korea
  - 6.4.4.4.1 Market size and forecast, by Type
  - 6.4.4.4.2 Market size and forecast, by Application
  - 6.4.4.5 Australia
  - 6.4.4.5.1 Market size and forecast, by Type
  - 6.4.4.5.2 Market size and forecast, by Application
  - 6.4.4.6 Rest of Asia-Pacific
  - 6.4.4.6.1 Market size and forecast, by Type
  - 6.4.4.6.2 Market size and forecast, by Application
6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Type
- 6.5.3 LAMEA Market size and forecast, by Application
- 6.5.4 LAMEA Market size and forecast, by country
  - 6.5.4.1 Brazil
  - 6.5.4.1.1 Market size and forecast, by Type
  - 6.5.4.1.2 Market size and forecast, by Application
  - 6.5.4.2 Saudi Arabia
  - 6.5.4.2.1 Market size and forecast, by Type
  - 6.5.4.2.2 Market size and forecast, by Application
  - 6.5.4.3 South Africa
  - 6.5.4.3.1 Market size and forecast, by Type
  - 6.5.4.3.2 Market size and forecast, by Application
  - 6.5.4.4 Rest of LAMEA
  - 6.5.4.4.1 Market size and forecast, by Type
  - 6.5.4.4.2 Market size and forecast, by Application

CHAPTER 7: COMPANY LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Key developments

CHAPTER 8: COMPANY PROFILES

8.1 Aksa AkrilkKimya sanayii A.S.,
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
8.2 China National Petroleum Corporation
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
8.3 ChinaTexNet.com,
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
8.4 Formosa Chemicals and Fiber Corporation
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
8.5 Grupo Kaltex,
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
8.6 Japan Chemical Fibers Association
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
8.7 Shanghai Changjie Textile Company Limited
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
8.8 TAEKWANG Industrial Co. Ltd
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
8.9 TORAY INDUSTRIES
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
8.10 Xinke special textile Co.
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments
8.11 Zhangjiagang Hengfeng Textile Company Limited
- 8.11.1 Company overview
- 8.11.2 Company snapshot
- 8.11.3 Operating business segments
- 8.11.4 Product portfolio
- 8.11.5 Business performance
- 8.11.6 Key strategic moves and developments
8.12 Zhejiang Wangzhuo Knitting Co., Ltd
- 8.12.1 Company overview
- 8.12.2 Company snapshot
- 8.12.3 Operating business segments
- 8.12.4 Product portfolio
- 8.12.5 Business performance
- 8.12.6 Key strategic moves and developments
8.13 Tiajin Glory Tang Co., Ltd
- 8.13.1 Company overview
- 8.13.2 Company snapshot
- 8.13.3 Operating business segments
- 8.13.4 Product portfolio
- 8.13.5 Business performance
- 8.13.6 Key strategic moves and developments
8.14 , TenCate Protective Fabrics
- 8.14.1 Company overview
- 8.14.2 Company snapshot
- 8.14.3 Operating business segments
- 8.14.4 Product portfolio
- 8.14.5 Business performance
- 8.14.6 Key strategic moves and developments
8.15 Kaneka Corporation
- 8.15.1 Company overview
- 8.15.2 Company snapshot
- 8.15.3 Operating business segments
- 8.15.4 Product portfolio
- 8.15.5 Business performance
- 8.15.6 Key strategic moves and developments
8.16 kaneka Corporation
- 8.16.1 Company overview
- 8.16.2 Company snapshot
- 8.16.3 Operating business segments
- 8.16.4 Product portfolio
- 8.16.5 Business performance
- 8.16.6 Key strategic moves and developments