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Modacrylic Fiber Market for Protective Apparel, Hair Fiber, Upholstery & Household, Pile, Industrial Fabric - Global Forecast to 2021

Modacrylic Fiber Market: Global Forecast until 2021

  • December 2016
  • 117 pages
  • ID: 4507364
In this report:
The consumption of modacrylic fiber in Mexico was calculated at ##.## tons in 2016 and it is estimated to grow to be ##.## tons by 2021, at a CAGR of ##.##% from 2016 to 2021.
The modacrylic fiber market in Taiwan was estimated to be ##,##.## tons in 2016 and it is expected to grow to ##,##.## tons by 2021, at a CAGR of ##.##% during the forecast period.

Summary

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"Rise in demand for modacrylic protective apparel application across the world to drive the industry for modacrylic fiber."

The overall market for modacrylic fiber is forecasted to grow from $621.90M in 2016 to $723.70M by 2021, at a compound annual growth rate of ~3.1 percent. The growth in demand for innovative fire resistant fabrics that offer additional features together with fire resistance, are playing a main role in providing the necessary momentum for the increase ot the modacrylic fiber market. Nevertheless, fluctuating raw material prices and lack of safety compliance could pose a threat to the rise of the market.

"The hair fiber segment to benefit a major part during the estimate period."

The hair fiber segment is forecasted to be the quickest-rising in the modacrylic fiber market during the upcoming five years. Modacrylic hair fiber has emerged as the best substitute due to its added beneficial features including, ease in dyeing, easy availability and its ability to withstand heat, allowing the curling or styling of the fiber on wigs easily.

"The Asia-Pac area recorded for the biggest market share in 2015."

The sector for modacrylic fiber is broken down on the basis of area into, North America (NA), EU, Asia-Pac, Middle East (ME) and African continent, and South America region. The Asia-Pac region recorded for the biggest share of the total demand generated by the overall modacrylic fiber market in 2015, due to the developing emerging nations in the territory. The Asia Pacific (APAC) area is also forecasted to be the quickest developing market for modacrylic fiber during the outlook period, due to the increase in the economies and fast growth in industrialization.

Key players' distribution profiles:

Primary Q&A were managed with a number of industry experts in order to gather info associated to distinct aspects of the modacrylic fiber market. The classification of primaries interviews is like:

• By Organization: Tier 1 - 24.0 percent, Tier 2 - 41.0 percent, and Tier 3 - 35.0 percent

• By Description: D-level - 38.0 percent, C-suite - 48.0 percent, and Others - 14.0 percent

• By Area: North America continent - 13.0 percent, Europe (EU) - 26.0 percent, Asia Pacific (APAC) - 52.0 percent, and rest of the world - 9.0 percent

The several suppliers of modacrylic fiber and related products in the market research are like follows:

• Kaneka Corporation

• Fushun Rayva Fibre Co., Limited

• Jiangsu Blue Peacock Chemical Fibre Co., Limited

• Zhejiang Wangzhuo Knitting Co., Limited

RESEARCH COVERAGE

This study breaks down the market for modacrylic fiber into application and area, and offers the estimations for the global value of the market and the sub-segments across several areas. An in-depth study of the main industry actors has been conducted to provide business insights into their business overviews, products & services, top strategies, new product & technology launches, mergers & acquisitions, alliances, strategic agreements, joint ventures (JV), and recent evolutions combined with the industry for modacrylic fiber.

REASONS TO BUY THE REPORT:

This industry report will facilitate the leaders/new sector entrants in this sector in these ways:

• To analyze and have a better understanding of the market for modacrylic fiber

• To offer them information on main market drivers, market restraints, opportunities, and alternatives

• To benefit additional insights concerning their players and their positions in the sector

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ref:plp2016

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