The Modacrylic Fiber Market is expected to record a CAGR of over 4% over the forecast period. One of the key factors driving the market is the increasing demand for mod acrylic fibers used in protective clothing. However, EPA regulations on the use of residual monomers in mod acrylic fibers are expected to hinder the growth of the studied market. The increasing demand for mod acrylic fiber as a hair fiber will serve as a market opportunity to be studied in the coming years. The Asia Pacific region is expected to dominate the markets with the highest consumption in countries such as China and India.
A full report of Modacrylic Fiber Market available at https://www.orionmarketreports.com/modacrylic-fiber-market/15342/
Modacrylic Fiber Market: Segmentation
On the basis of applications
• Industrial Filtration
• Apparel
• Home furnishings
• Carpets
• Hair Fiber
Key Participants
• Formosa Chemicals and Fiber Corporation
• Kaneka Corporation
• Shanghai Modacrylic flame retardant textile Co., Ltd
• Xinke special textile Co., Ltd
• Fushun huifu fire resistant fiber Co., Ltd
• Jiangsu Blue Peacock Chemical fiber Co., Ltd
• Tiajin Glory Tang Co., Ltd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
