In 2023, Japan led the global export of filament tow of acrylic or modacrylic, holding 26.6% of the market share by volume. Thailand followed closely with a 20.48% share. Other significant players included South Korea and Portugal, contributing 12.57% and 12.04%, respectively. Notably, Poland and Russia experienced the most substantial year-on-year growth, with increases of 15.28% and 8.67%. Conversely, countries like Uganda and Belgium saw significant declines, with decreases of 26.64% and 61.06% respectively over the last year. China's 10.8% increase particularly highlights its growing influence in this market segment.
Future trends to watch involve a continuation of growth from Asian countries, especially China, driven by technological advancements and increasing production capabilities. Economic instability may further impact smaller exporters, while established players might strategize to maintain or increase their market share.
Top countries in Export of Filament Tow of Acrylic or Modacrylic Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 26.6 | 2023 | +1.1% | +1.9% | View data |
| 2 | 2 Thailand | 20.48 | 2023 | +1.99% | +3.81% | View data |
| 3 | 3 South Korea | 12.57 | 2023 | +0.82% | +0.84% | View data |
| 4 | 4 Portugal | 12.04 | 2023 | +0.34% | +0.039% | View data |
| 5 | 5 Belarus | 7.28 | 2023 | -2.82% | -3.1% | View data |
| 6 | 6 China | 6.97 | 2023 | +4.04% | +10.8% | View data |
| 7 | 7 Spain | 6.15 | 2023 | +4.26% | +1.51% | View data |
| 8 | 8 Malaysia | 4.75 | 2023 | +6.28% | +5.68% | View data |
| 9 | 9 India | 2.86 | 2023 | +1.93% | +5.36% | View data |
| 10 | 10 Peru | 2.52 | 2023 | -1.49% | -1.98% | View data |
