Global “Modacrylic Fiber Market” 2021 Research report produces information with reference to market size, share, trends, growth, cost structure, capacity, revenue, and forecast 2027. This report also contains the general and comprehensive study of the Modacrylic Fiber market with all its aspects influencing the growth of the market. This report is a full-scale quantitative survey of the Modacrylic Fiber industry and provides data for building strategies to expand the market growth and effectiveness.
The modacrylic fiber market is expected to register a CAGR of over 4% during the forecast period. One of the main factors driving the market is the growing demand for modacrylic fiber for use in protective apparel.
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Top Leading Companies of Global Modacrylic Fiber Market are: Kaneka Corporation, Aditya Birla Management Corporation Pvt. Ltd, Formosa Plastics Corporation, Aksa Akrilik Kimya Sanayi A_, Dralon, Grupo Kaltex SA de CV, Pasupati Acrylon Ltd, Japan Industrial Co. Ltd, Fushun Rayva Fiber Co. Ltd, China Petrochemical Corporation, FCFA, Jiangsu Jinmao International E-Commerce Co. Ltd and others.
The competitive market players are identified along with their size, share, and strategies. The company profiles of these players, which includes their recent major developments, product portfolio, revenue, core competencies, and financials. Additionally, the report presents insights into the mergers & acquisitions, company profiles, financial status, product portfolio, and the SWOT analysis.
Key Market Trends
Growing Demand for Modacrylic Fiber for Use in Protective Apparel
– Modacrylic fiber is a manufactured fiber in which the fiber-forming substance is any long-chain synthetic polymer composed of less than 85% but at least 35% by weight of acrylonitrile units.
– Modacrylic fiber is widely used in high-performance protective clothing, such as firefighting turnout gear, because the material possesses flame resistance combined with other desirable textile properties, such as durability and good hand feel.
– Technological advancements in the artificial fur industry have encouraged fashion designers, retailers, and apparel manufacturers to shift from animal fur to synthetic furs, such as faux fur, for manufacturing their products.
– The Occupational Safety and Health Administration has developed regulations to provide flame retardant apparel or clothing to employees who are exposed to the hazards of flames or electric arcs in the work premises.
– Hence, owing to the above-mentioned factors, the application of modacrylic fiber in protective apparel is likely to dominate the market during the forecast period.
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Important Features that are under offering and key highlights of the report:
– Detailed overview of the Modacrylic Fiber market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Modacrylic Fiber market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Modacrylic Fiber market performance
– Must-have information for market players to sustain and enhance their market footprint
The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Finally, the Modacrylic Fiber Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principles of locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Modacrylic Fiber industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.