Global Analysis of Modacrylic Fiber Market Size, Growth and Forecast
Report ID : 1341399 | Published : June 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Modacrylic Fiber Market is categorized based on End-Use Industry (Textiles, Automotive, Construction, Home Furnishings, Industrial) and Product Type (Modacrylic Staple Fiber, Modacrylic Filament Fiber) and Application (Apparel, Non-Woven Fabrics, Protective Clothing, Upholstery, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of USD 1.2 billion in 2023, the Modacrylic Fiber Market is expected to reach USD 2.5 billion by 2033, growing at a CAGR of 8.1% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
The modacrylic fiber market has emerged as a prominent segment of the textile sector, owing to its peculiar characteristics and diversified usage. Modacrylic is a synthetic fiber, made from the blend of acrylic and other constituents, which boasts of exceptional flame resistance, high durability, and softness, and is therefore widely used across apparel, home furnishings, industrial products, hand protection, and many more. With the continuous tightening of safety regulations, the protective clothing and firefighting gear markets are experiencing tremendous demand and growth for modacrylic fibers highlighting the importance of fibers towards safety and comfort in hazardous working conditions.
Besides that, the development of the modacrylic fiber market is supported by the increase in sustainable and eco-friendly consumer materials. There is more spending on research and novel product development than ever else in order to meet the growing demand while preserving the advantages of modacrylic fibers. With shifts in regulations and consumers wanting more, there is a substantial opportunistic gap for investors wanting to break into the market, hence these changes signify great growth for the modacrylic fiber market.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Kaneka Corporation, Chinachem Charitable Foundation, Dralon GmbH, Acrylic Fiber Corporation, Taekwang Industrial Co. Ltd., Ningbo Donghua Fiber Group Co. Ltd., SABIC, Kuraray Co. Ltd., Yizheng Chemical Fibre Company Limited, Jiangsu Zhongtai Fiber Co. Ltd., Mitsubishi Chemical Corporation |
| SEGMENTS COVERED |
By End-Use Industry - Textiles, Automotive, Construction, Home Furnishings, Industrial
By Product Type - Modacrylic Staple Fiber, Modacrylic Filament Fiber
By Application - Apparel, Non-Woven Fabrics, Protective Clothing, Upholstery, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Modacrylic Fiber Market Dynamics
The Modacrylic Fiber Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Modacrylic Fiber Market Segmentations
Market Breakup by End-Use Industry
- Overview
- Textiles
- Automotive
- Construction
- Home Furnishings
- Industrial
Market Breakup by Product Type
- Overview
- Modacrylic Staple Fiber
- Modacrylic Filament Fiber
Market Breakup by Application
- Overview
- Apparel
- Non-Woven Fabrics
- Protective Clothing
- Upholstery
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Modacrylic Fiber Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Kaneka Corporation
- Chinachem Charitable Foundation
- Dralon GmbH
- Acrylic Fiber Corporation
- Taekwang Industrial Co. Ltd.
- Ningbo Donghua Fiber Group Co. Ltd.
- SABIC
- Kuraray Co. Ltd.
- Yizheng Chemical Fibre Company Limited
- Jiangsu Zhongtai Fiber Co. Ltd.
- Mitsubishi Chemical Corporation
Customization Options
Verified Industry Insights offers one of the following report customization options to our respectable clients :
Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved