What is Modacrylic Fiber?
Modacrylic fiber is a synthetic fiber. It is strong, resilient, and dimensionally stable. It is modified from the acrylic group such as vinyl chloride, vinylidene chloride, or vinyl bromide but has larger amounts of other polymers. Modacrylic fiber is manufactured in different lengths, deniers, crimp levels and it has many shrinkage potentials.
The market study is broken down by Type (Dynel and Verel), by Application (Faux Fur, Scatter Rug, Wigs, Hair Extensions, Protective Clothing and Others) and major geographies with country level break-up.
Global Modacrylic Fiber is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aksa Acrylic (Turkey), Kaneka (Japan), Aramid HPM (United States), Tianjin Glory Tang Technology Co., Ltd. (China), ANTONY TEXTILE (South Korea), Goonvean Fibres Ltd. (United Kingdom), Shanghai Modacrylic Flame Retardant Textiles Co., Ltd. (China), Qingdao Bliss Wig Hair Products Co., Ltd. (China), AMANNAS JKT TRADING (Philippines) and Qingdao Bliss Wig Hair Products Co., Ltd. (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Modacrylic Fiber market by Type, Application and Region.
On the basis of geography, the market of Modacrylic Fiber has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Composite, the sub-segment i.e. 35% will boost the Modacrylic Fiber market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Vinyl Chloride will boost the Modacrylic Fiber market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
According to Federal Trade Commission Regulation, "The modacrylic fiber should be labeled or invoiced in conformity with the requirements of the rules.
- Development in Technologies across the Globe
- Rising Adoption of Urban Lifestyle
- Increasing Applications of Modacrylic Fiber in Fashion Designers, Retailers, and Apparel Manufacturers
- Rising Industrialization and Changing Lifestyle are the Major Factors Drive the Market Growth
- Growing Demand for Modacrylic Fiber from Various End-Users can create Opportunities for Market Growth
- Volatile Raw Material Prices
- Problems Related to High Contact with Modacrylic Fiber
- Stringent Regulations on the Production of Modacrylic Fiber
Key Target AudienceModacrylic Fiber Manufacturers, Modacrylic Fiber Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Aksa Acrylic (Turkey), Kaneka (Japan), Aramid HPM (United States), Tianjin Glory Tang Technology Co., Ltd. (China), ANTONY TEXTILE (South Korea), Goonvean Fibres Ltd. (United Kingdom), Shanghai Modacrylic Flame Retardant Textiles Co., Ltd. (China), Qingdao Bliss Wig Hair Products Co., Ltd. (China), AMANNAS JKT TRADING (Philippines) and Qingdao Bliss Wig Hair Products Co., Ltd. (China) etc.
2. Can we have customized study for Modacrylic Fiber Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Modacrylic Fiber Market by 2026?
Analysts at AMA estimates Modacrylic Fiber Market to reach USD Million by 2026.