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Modacrylic Fibre Market

Global Modacrylic Fibre Market Size, Share, Growth, Report: By Application: Protective Apparel, Hair Fibre, Upholstery and Household, Pile (Synthetic Fur), Industrial Fabrics, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Modacrylic Fibre Market Outlook

The global modacrylic fibre market is expected to grow in the forecast period of 2024-2032 at a CAGR of 4%.

 

Global Modacrylic Fibre Market

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Increasing Use of Modacrylic Fibre in Protective Apparel Bolstering the Market Growth

The flame-resistant properties of modacrylic fibre are increasing its use in the energy, utility, and petrochemical sectors. Modacrylic fibre is increasingly blended with textiles like lyocell or cotton to extract oxygen and protect other fibres from blending and heating, which is augmenting the growth of the market. As the blend of modacrylic fibre enhances the comfortability and moisture management of apparel, it is increasingly preferred to boost the quality of protective apparel, which is significantly contributing to the market growth.

The easy dyeability and durability offered by modacrylic fibre are increasing its demand in protective apparel, hence driving the industry growth. The use of modacrylic fibre as a substitute for other protective fibres is surging its use, thereby fuelling the market growth. With the introduction of various stringent regulations to enhance the safety of workers, the use of modacrylic fibre is surging, which is providing further impetus to the industry growth.

 

Modacrylic Fibre: Market Segmentation

A modacrylic fibre is a modified acrylic fibre that is strong, soft, and dimensionally stable. It has excellent heat, flame, and chemical resistant properties, due to which it finds its application in safety apparel and hair fibres, among others. It is also extensively used in the manufacturing of products like paint-roller covers, apparel lining, synthetic fur outerwear, carpets, and scatter rugs, among others.

 

Global Modacrylic Fibre Market

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The major applications of modacrylic fibre are:

  • Protective Apparel
  • Hair Fibre
  • Upholstery and Household
  • Pile (Synthetic Fur)
  • Industrial Fabrics
  • Others

The EMR report looks into the regional markets of modacrylic fibre like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Modacrylic Fibre Market

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Growing Demand for Synthetic Fur to Bolster the Growth of the Modacrylic Fibre Industry

The growing demand for synthetic fur in the textile industry is augmenting the growth of the market. As modacrylic fibre is one of the primary constituents used in the manufacturing of synthetic fur, its demand is significantly surging, hence augmenting the market growth. With the rising awareness concerns regarding animal cruelty, the use of synthetic fur as an alternative to natural fur is increasing, which is driving the growth of the modacrylic fibre industry. Moreover, the cost-effectiveness of synthetic fur is leading to a surge in its demand, thereby significantly contributing to the market growth. With the introduction of various stringent initiatives regarding the ban on fur sales, the market for modacrylic fibre is poised to grow. In addition, the increasing attempts to develop sustainable synthetic fur using modacrylic fibre are predicted to strengthen the market for modacrylic fibre in the forecast period.

 

Key Industry Players in the Global Modacrylic Fibre Market

The report presents a detailed analysis of the following key players in the global modacrylic fibre market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Kaneka Corporation
  • Aksa Akrilik Kimya Sanayii A.S
  • Zhangjiagang Hengfeng Textile Co.,Ltd 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Protective Apparel
  • Hair Fibre
  • Upholstery and Household
  • Pile (Synthetic Fur)
  • Industrial Fabrics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Kaneka Corporation
  • Aksa Akrilik Kimya Sanayii A.S
  • Zhangjiagang Hengfeng Textile Co.,Ltd 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Modacrylic Fibre Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Modacrylic Fibre Historical Market (2018-2023) 
    8.3    Global Modacrylic Fibre Market Forecast (2024-2032)
    8.4    Global Modacrylic Fibre Market by Application
        8.4.1    Protective Apparel
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Hair Fibre
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Upholstery and Household
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Pile (Synthetic Fur)
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Industrial Fabrics
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Modacrylic Fibre Market by Region        
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2023) 
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2023) 
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2023) 
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2023) 
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2023) 
            8.5.5.2    Forecast Trend (2024-2032)
9    North America Modacrylic Fibre Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Modacrylic Fibre Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Modacrylic Fibre Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Modacrylic Fibre Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Modacrylic Fibre Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis 
16    Trade Data Analysis (HS Code – 550330)

    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Kaneka Corporation
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Aksa Akrilik Kimya Sanayii A.S
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Zhangjiagang Hengfeng Textile Co.,Ltd 
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Modacrylic Fibre Market: Key Industry Highlights, 2018 and 2032
2.    Global Modacrylic Fibre Historical Market: Breakup by Application (USD Billion), 2018-2023
3.    Global Modacrylic Fibre Market Forecast: Breakup by Application (USD Billion), 2024-2032
4.    Global Modacrylic Fibre Historical Market: Breakup by Region (USD Billion), 2018-2023
5.    Global Modacrylic Fibre Market Forecast: Breakup by Region (USD Billion), 2024-2032
6.    North America Modacrylic Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
7.    North America Modacrylic Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
8.    Europe Modacrylic Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    Europe Modacrylic Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Asia Pacific Modacrylic Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Asia Pacific Modacrylic Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Latin America Modacrylic Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Latin America Modacrylic Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Middle East and Africa Modacrylic Fibre Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Middle East and Africa Modacrylic Fibre Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Major Exporting Countries by Value
17.    Major Importing Countries by Value
18.    Major Exporting Countries by Volume
19.    Major Importing Countries by Volume
20.    North America Historical Price Trends and Forecast (2018-2028)
21.    Europe Historical Price Trends and Forecast (2018-2028)
22.    Asia Pacific Historical Price Trends and Forecast (2018-2028)
23.    Latin America Historical Price Trends and Forecast (2018-2028)
24.    Middle East and Africa Historical Price Trends and Forecast (2018-2028)
25.    Global Modacrylic Fibre Market Structure

Key Questions Answered in the Report

The global modacrylic fibre market is projected to grow at a CAGR of 4% between 2024 and 2032.

The market is being driven by the flame-resistant properties of modacrylic fibre, the increasing blending of modacrylic fibre with other textiles, and the rising use or modacrylic fibre in safety apparel.

The industry is projected to be propelled by the growing demand for synthetic fur in the textile industry, the cost-effectiveness of synthetic fur and the increasing attempts to develop sustainable synthetic fur using modacrylic fibre.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major applications of modacrylic fibre in the industry are protective apparel, hair fibre, upholstery and household, pile (synthetic fur), and industrial fabrics, among others.

The major players in the industry are Kaneka Corporation, Aksa Akrilik Kimya Sanayii A.S, and Zhangjiagang Hengfeng Textile Co.,Ltd, among others.

Analyst Review

The global modacrylic fibre market is driven by the rising use or modacrylic fibre in safety apparel. Aided by the growing demand for synthetic fur in the textile industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the modacrylic fibre industry can be segmented into protective apparel, hair fibre, upholstery and household, pile (synthetic fur), and industrial fabrics, among others. The major regional markets for modacrylic fibre are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Kaneka Corporation, Aksa Akrilik Kimya Sanayii A.S, and Zhangjiagang Hengfeng Textile Co.,Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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