Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Modacrylic Fiber Market by Type (Medical Grade, Industrial Grade), By Application (Apparel, Hair Fiber, Upholstery, Pile, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Modacrylic Fiber Market by Type (Medical Grade, Industrial Grade), By Application (Apparel, Hair Fiber, Upholstery, Pile, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131965 3300 Chemical & Material 377 244 Pages 4.7 (41)

Market Overview:

The global modacrylic fiber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for modacrylic fiber from various applications, such as apparel, hair fiber, upholstery, pile and others. Modacrylic fibers are also used in medical applications owing to their properties such as flame retardancy and thermal insulation. North America is expected to lead the global modacrylic fiber market during the forecast period due to the presence of major players in this region and growing demand for flame-resistant fabrics from various end-use industries.

Global Modacrylic Fiber Industry Outlook

Product Definition:

A synthetic fiber made from a polymer of acrylonitrile, with an average length of 5-6 micrometers, used to make flame-resistant fabrics.

Medical Grade:

Medical-grade acrylic fiber is a type of acrylic fiber that has been approved by the FDA and the WHO as safe for medical use. It is also known as Class I or Grade A fiber. The other types of grades include industrial, research, and testing (IRT), standard, and others (including surgical).

Industrial Grade:

Industrial grade is also known as hard acrylic fiber. It has higher molecular weight and longer length than the soft variety. Industrial grade is used in various industries including automotive, construction, marine, insulation and filtration industries among others. The demand for industrial grade modacrylic fibers is expected to witness significant growth on account of its increasing application scope in the above mentioned end-use industries along with growing automotive industry particularly in emerging economies such as India China Brazil etc.

Application Insights:

The apparel segment held the largest share of over 50.0% in 2017. Modacrylic fibers are widely used in the fashion industry for manufacturing clothing and accessories, such as handbags, scarves, socks and ties. The demand for these products is increasing due to a rise in consumer disposable income coupled with changing lifestyle trends among millennials. Apparel was followed by hair fiber as the second-largest application segment owing to rising use of synthetic fibers for manufacturing hair pieces and wigs which are gaining popularity among movie stars & politicians across the world.

Regional Analysis:

Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period owing to increasing product demand from various application segments, including apparel and automotive, coupled with growing population and disposable income levels. In addition, rising consumer awareness regarding health & hygiene is anticipated to propel product demand in this region.

Europe was the second-largest regional market for modacrylic fibers after Asia Pacific due to high acceptance of natural products as a replacement for synthetic ones resulting from growing environmental concerns among consumers about harmful emissions during manufacturing processes. Europe also has a well-established automotive industry that uses advanced materials such as carbon fiber composites extensively for vehicle body construction leading to increased adoption of modacrylic fibers in automobile applications across this region over the forecast period.

North America accounted for more than 15% share of global revenue in 2017 owing to high preference toward medical textiles infused with natural fibers by physicians treating patients suffering from chronic diseases such as diabetes.

Growth Factors:

  • Increasing demand from the apparel industry for flame-resistant fabrics
  • Growing use of modacrylic fiber in insulation materials
  • Rising demand for nonwoven fabrics made from modacrylic fibers
  • Increasing popularity of modacrylic fiber as a replacement for traditional woolen fabrics
  • Proliferation of new applications for modacrylic fibers in automotive, construction, and other industries

Scope Of The Report

Report Attributes

Report Details

Report Title

Modacrylic Fiber Market Research Report

By Type

Medical Grade, Industrial Grade

By Application

Apparel, Hair Fiber, Upholstery, Pile, Other

By Companies

Kaneka, Fushun Rayva Fibre, Formosa Chemicals & Fibre, Tianjin GT New Material Technology, Fushun Huifu Fire Resistant Fibre, Zhangjiagang Hengfeng Textile, Nantong Xufeng Textile Industrial, Shanghai Changjie Textile, Jiangsu Blue Peacock Chemical Fibre, Zhejiang Wangzhuo Knitting

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Modacrylic Fiber Market Report Segments:

The global Modacrylic Fiber market is segmented on the basis of:


Medical Grade, Industrial Grade

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Apparel, Hair Fiber, Upholstery, Pile, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Kaneka
  2. Fushun Rayva Fibre
  3. Formosa Chemicals & Fibre
  4. Tianjin GT New Material Technology
  5. Fushun Huifu Fire Resistant Fibre
  6. Zhangjiagang Hengfeng Textile
  7. Nantong Xufeng Textile Industrial
  8. Shanghai Changjie Textile
  9. Jiangsu Blue Peacock Chemical Fibre
  10. Zhejiang Wangzhuo Knitting

Global Modacrylic Fiber Market Overview

Highlights of The Modacrylic Fiber Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Medical Grade
    2. Industrial Grade
  1. By Application:

    1. Apparel
    2. Hair Fiber
    3. Upholstery
    4. Pile
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Modacrylic Fiber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Modacrylic Fiber Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Modacrylic fiber is a type of acrylic fiber that is made from a blend of two types of acrylic polymer. Modacrylic fibers are strong and durable, making them perfect for use in products such as fabrics, insulation, and composites.

Some of the major companies in the modacrylic fiber market are Kaneka, Fushun Rayva Fibre, Formosa Chemicals & Fibre, Tianjin GT New Material Technology, Fushun Huifu Fire Resistant Fibre, Zhangjiagang Hengfeng Textile, Nantong Xufeng Textile Industrial, Shanghai Changjie Textile, Jiangsu Blue Peacock Chemical Fibre, Zhejiang Wangzhuo Knitting.

The modacrylic fiber market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Modacrylic Fiber Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Modacrylic Fiber Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Modacrylic Fiber Market - Supply Chain
   4.5. Global Modacrylic Fiber Market Forecast
      4.5.1. Modacrylic Fiber Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Modacrylic Fiber Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Modacrylic Fiber Market Absolute $ Opportunity

5. Global Modacrylic Fiber Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Modacrylic Fiber Market Size and Volume Forecast by Type
      5.3.1. Medical Grade
      5.3.2. Industrial Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Modacrylic Fiber Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Modacrylic Fiber Market Size and Volume Forecast by Application
      6.3.1. Apparel
      6.3.2. Hair Fiber
      6.3.3. Upholstery
      6.3.4. Pile
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Modacrylic Fiber Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Modacrylic Fiber Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Modacrylic Fiber Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Modacrylic Fiber Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Modacrylic Fiber Demand Share Forecast, 2019-2029

9. North America Modacrylic Fiber Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Modacrylic Fiber Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Modacrylic Fiber Market Size and Volume Forecast by Application
      9.4.1. Apparel
      9.4.2. Hair Fiber
      9.4.3. Upholstery
      9.4.4. Pile
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Modacrylic Fiber Market Size and Volume Forecast by Type
      9.7.1. Medical Grade
      9.7.2. Industrial Grade
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Modacrylic Fiber Demand Share Forecast, 2019-2029

10. Latin America Modacrylic Fiber Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Modacrylic Fiber Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Modacrylic Fiber Market Size and Volume Forecast by Application
      10.4.1. Apparel
      10.4.2. Hair Fiber
      10.4.3. Upholstery
      10.4.4. Pile
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Modacrylic Fiber Market Size and Volume Forecast by Type
      10.7.1. Medical Grade
      10.7.2. Industrial Grade
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Modacrylic Fiber Demand Share Forecast, 2019-2029

11. Europe Modacrylic Fiber Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Modacrylic Fiber Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Modacrylic Fiber Market Size and Volume Forecast by Application
      11.4.1. Apparel
      11.4.2. Hair Fiber
      11.4.3. Upholstery
      11.4.4. Pile
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Modacrylic Fiber Market Size and Volume Forecast by Type
      11.7.1. Medical Grade
      11.7.2. Industrial Grade
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Modacrylic Fiber Demand Share, 2019-2029

12. Asia Pacific Modacrylic Fiber Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Modacrylic Fiber Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Modacrylic Fiber Market Size and Volume Forecast by Application
      12.4.1. Apparel
      12.4.2. Hair Fiber
      12.4.3. Upholstery
      12.4.4. Pile
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Modacrylic Fiber Market Size and Volume Forecast by Type
      12.7.1. Medical Grade
      12.7.2. Industrial Grade
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Modacrylic Fiber Demand Share, 2019-2029

13. Middle East & Africa Modacrylic Fiber Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Modacrylic Fiber Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Modacrylic Fiber Market Size and Volume Forecast by Application
      13.4.1. Apparel
      13.4.2. Hair Fiber
      13.4.3. Upholstery
      13.4.4. Pile
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Modacrylic Fiber Market Size and Volume Forecast by Type
      13.7.1. Medical Grade
      13.7.2. Industrial Grade
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Modacrylic Fiber Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Modacrylic Fiber Market: Market Share Analysis
   14.2. Modacrylic Fiber Distributors and Customers
   14.3. Modacrylic Fiber Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Kaneka Overview Financials Developments Strategic Outlook
      14.4.2. Fushun Rayva Fibre Overview Financials Developments Strategic Outlook
      14.4.3. Formosa Chemicals & Fibre Overview Financials Developments Strategic Outlook
      14.4.4. Tianjin GT New Material Technology Overview Financials Developments Strategic Outlook
      14.4.5. Fushun Huifu Fire Resistant Fibre Overview Financials Developments Strategic Outlook
      14.4.6. Zhangjiagang Hengfeng Textile Overview Financials Developments Strategic Outlook
      14.4.7. Nantong Xufeng Textile Industrial Overview Financials Developments Strategic Outlook
      14.4.8. Shanghai Changjie Textile Overview Financials Developments Strategic Outlook
      14.4.9. Jiangsu Blue Peacock Chemical Fibre Overview Financials Developments Strategic Outlook
      14.4.10. Zhejiang Wangzhuo Knitting Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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