Factors suchas the strict industrial supervision and standardization, the growing demandfor the modacrylic protective apparel usage and the rising of the hair fiberapplication of modacrylic fiber are anticipated to further propel the growth ofthe modacrylic fiber market in the forecast region.
The modacrylic fiber market is expected to be growing at a growth rate of 5.08% inthe forecast period of 2021 to 2028. The modacrylic fiber market reportanalyses the growth, which is currently being growing due to the rising scopeof its application in wood-working industry.
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Modacrylicfiber is a fiber created by long chains of acrylonitrile components. Modacrylic fibers are produced fromco-polymers of acrylonitrile which are mixed with other materials such as vinylbromide, vinyl chloride and vinylidene chloride. These modacrylic fibers have atendency to display good quality elastic recovery.
Furthermore,the modacrylic fibers are known to be resistant to mildew and insect attacks.Frequently utilized Modacrylic fibers are also made up of acrylonitrile andvinylidene chloride and acrylonitrile and polyvinyl chloride. Modacrylic Fibersare synthetic polymers which have high thermal resistivity. These fibers arealso wet spun or dry spun.
Modacrylicfibers are also utilized by the technical fabric manufacturers to achieveprotective blends in order to produce PPE as well as toupees, fleece-typefabric, faux fur fabric, and wigs. Their heat-resistant nature makes them theappropriate material for toupees and wigs, enabling easy heat styling with nodamage. Other utilizations of modacrylics include paint rollers, industrialfabrics, stuffed toys, and filters.
The growingstandardization and industrialization are also anticipated to accelerate theneed for protective clothing to make sure the safety of the employees, on theaccount of shifting lifestyles and the increasing need for hair wigs and hairextensions, are the primary reasons estimated to boost the growth of the modacrylicfiber market in the forecast period.
However,unstable raw material expenditure are most likely estimated to hinder thegrowth of the modacrylic fiber market. Moreover, the existence of alternativesfor example nylon and rayon, absence of alertness and the growing oppositionare the factors most likely to further hamper the growth of the modacrylicfiber market in the forecast period. The advancement of the developingcountries and the appealing potential in the fashion and thermal protectionindustry could be posed as opportunities for the growth of the modacrylic fibermarket during the forecast period.
Thismodacrylic fiber market report provides details of new recent developments,trade regulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localised market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographical expansions, technological innovations in the market. To gain moreinfo on modacrylic fiber market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
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Themodacrylic fiber market is segmented on the basis of application. The growthamongst the different segments helps you in attaining the knowledge related tothe different growth factors expected to be prevalent throughout the market andformulate different strategies to help identify core application areas and thedifference in your target markets.
Based on theapplication, the modacrylic fiber market is segmented into protective apparel,application, industrial filtration, home furnishings, carpets, hair fiber,upholstery and household, pile, industrial fabrics. Pile is further subsegmented into synthetic or fake fur.
Themodacrylic fiber market is analysed and market size, volume information isprovided by country, application as referenced above.
Thecountries covered in the modacrylic fiber market report are the U.S., Canadaand Mexico in North America, Germany, France, U.K., Netherlands, Switzerland,Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), SaudiArabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest ofSouth America as part of South America.
Europedominates the modacrylic fiber market because of in the result of theimprovement in end-use industries in the region. Asia Pacific is expected toobserve significant amount of growth in the modacrylic fiber market because ofthe conclusion of the upsurge in the governmental laws and strict guidelines.Furthermore, the utilization of the of fire-resistant materials in theindustrial and household products and subsequently the demand for modacrylicfibers is projected to grow which in turn is expected to further boost thegrowth of the modacrylic fiber market in the region during the forecast period.
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The countrysection of the report also provides individual market impacting factors andchanges in regulation in the market domestically that impacts the current andfuture trends of the market. Data points such as consumption volumes,production sites and volumes, import export analysis, price trend analysis,cost of raw materials, down-stream and upstream value chain analysis are someof the major pointers used to forecast the market scenario for individualcountries. Also, presence and availability of global brands and theirchallenges faced due to large or scarce competition from local and domesticbrands, impact of domestic tariffs and trade routes are considered whileproviding forecast analysis of the country data.
Themodacrylic fiber market competitive landscape provides details by competitor.Details included are company overview, company financials, revenue generated,market potential, investment in research and development, new marketinitiatives, global presence, production sites and facilities, productioncapacities, company strengths and weaknesses, product launch, product width andbreadth, application dominance. The above data points provided are only relatedto the companies’ focus related to modacrylic fiber market.
The majorplayers covered in the modacrylic fiber market report are KANEKA CORPORATION,Fushun Rayva Fibre Co. Ltd, FCFA, Fushun Huifu Fire Resistant Fibre Co.,Chinatexnet.com, Jiangsu Jinmao International E-Commerce CO.Ltd, Weiku.com,Tianjin GT New Material Technology Co. Ltd., Dralon, Pasupati Acrylon Ltd.,TAEKWANG Industrial Co. Ltd., Grupo Kaltex, S.A.de C.V., Formosa PlasticsCorporation, Japan Industrial Co., Ltd., China National Petroleum Corporation,China Petrochemical Corporation, Jilin City Chemical Fibre Group Co. Ltd.,Aksa, Aditya Birla Management Corporation Pvt. Ltd., among other domestic andglobal players. Market share data is available for global, North America,Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South Americaseparately. DBMR analysts understand competitive strengths and providecompetitive analysis for each competitor separately.
Global Modacrylic Fibre Market, By Application (ProtectiveApparel, Application, Industrial Filtration, Home Furnishings, Carpets, HairFibre, Upholstery and Household, Pile (Synthetic/Fake Fur), IndustrialFabrics), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of SouthAmerica, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey,Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea,Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest ofAsia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of MiddleEast and Africa) Industry Trends and Forecast to 2028
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