Global Modacrylic Fiber market global research report 2016 analysis, sales, supply, consumption, and forecast to 2026


The report Modacrylic Fiber Market for
Protective Apparel, Hair Fiber, Upholstery & Household, Pile
(Synthetic/Fake Fur), Industrial Fabric – Global Forecast to 2021″
,
The market for modacrylic fiber is projected to grow from USD 621.9 Million in
2016 to USD 723.7 Million by 2021, at a CAGR of 3.08%
Browse 65 market data tables and 38 figures
spread through 115 pages and in-depth TOC on 
“Modacrylic Fiber Market for Protective Apparel,
Hair Fiber, Upholstery & Household, Pile (Synthetic/Fake Fur), Industrial
Fabric – Global Forecast to 2021″


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This growth is due to the increasing applications of modacrylic
fiber such as, hair fiber, pile (synthetic/fake fur), and protective clothing.
Industrial regulations and standardizations regarding the safety of employees,
also provide an opportunity for this market to grow.

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The hair fiber segment is projected to grow at
the highest CAGR during the forecast period.
The hair fiber segment is projected to be the fastest-growing from
2016 to 2021. This growth is attributed to the hair-like characteristics of
modacrylic fiber, which is why they are being widely used in wigs, hair
extensions, and other hair-like accessories. Another reason behind the growth
of modacrylic hair fiber is that it is highly flame resistant, even when
combined with fibers that can flare when caught with fire.

The Asia-Pacific region to play a key role in
the growth of the market for modacrylic fiber.

On the basis of key regions, the modacrylic fiber market is
segmented into, North America, Europe, Asia-Pacific, Middle East and Africa,
and South America. The Asia-Pacific region is a key market for modacrylic
fiber. The development of the economies and rapid growth in the
industrialization in this region are impacting the growth of this market.
Increasing industrial regulations related to employee safety ensures that
industries switch to protective clothing made from modacrylic fiber, thereby
impacting the growth of the market.

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The following are the key players in the modacrylic fiber market:
  • Kaneka
    Corporation (Japan)
  • Fushun
    Rayva Fiber Co., Ltd. (China)
  • Formosa
    Chemicals & Fiber Corporation (Taiwan)
  • Tianjin
    GT New Material Technology Company Limited (China)
  • Fushun
    Huifu Fire Resistant Fiber Company Limited (China)
  • Zhangjiagang
    Hengfeng  Textile Company Limited (China)
  • Nantong
    Xufeng Textile Industrial Company Limited (China)
  • Shanghai
    Changjie Textile  Company Limited (China)
  • Jiangsu
    Blue Peacock Chemical Fiber Co., Ltd. (China)
  • Zhejiang
    Wangzhuo Knitting Co., Ltd. (China)
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