Modacrylic Fiber Market was $669.88 million in 2022 and is expected to be around $783.6 million in 2028 with a current CAGR of 3.19%.
Modacrylic Fiber Market Driver & Restraints:
Modacrylic fiber has a range of applications in special fiber materials such as in manufacturing fire-resistant suits, carpets, apparel linings, and wigs, & also as filter material as it is a good dye absorbent. Due to increasing demand from these sectors, there has been incremental growth in the market which is good for market investments. Modacrylic fiber is easily mouldable, relatively strong, stable & softer fiber. Due to its dye-absorbing property, it is used as a filtering sheet in many industries. The strength, stability & softer nature of the fabric makes it suitable to be used as carpet material, wigs, etc. The fiber is used to manufacture personal protective equipment (PPEs).
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Modacrylic fiber decomposes on exposure to extreme heat; it also shows low absorption to certain types of oil thereby limiting its use in some industries. These factors are therefore inhibiting the growth of the market.
Modacrylic Fiber Market Segmentation:
Modacrylic Fiber Market By Pile:
Modacrylic Fiber Market By End-User Industry:
Upholstery and household
Modacrylic Fiber Market By Pile Insights:
Synthetic could be a pile kind of modacrylic fiber. Acrylic materials have the foremost comparable features to cotton fabrics. That has warmth and hot touch on the natural skin. In knit products, like sweaters and shirts, Acrylic fibers are commonly used; taking the foremost out of their features is bedding textiles, including pillows, piles, and tapestries for home use. Moreover, the products of acrylic fibers are rag creatures and American wigs.
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The Middle East and Africa
Modacrylic Fiber Market Key Players:
Shanghai Changjie Textile Company Limited (China)
Nantong Xufeng Textile Industrial Company Limited (China)
Zhejiang Wangzhuo Knitting Co., Ltd. (China)
Jiangsu Blue Peacock Chemical FiberCo., Ltd. (China)
Fushun Huifu Fire Resistant FiberCompany Limited (China)
Kaneka Corporation (Japan)
Fushun Rayva FiberCo., Ltd. (China)
Formosa Chemicals & FiberCorporation (Taiwan)
Zhangjiagang Hengfeng Textile Company Limited (China)
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