RECYCLED ACRYLIC FIBER MARKET

INTRODUCTION

A form of textile material manufactured from reclaimed or recycled acrylic fibers is referred to as recycled acrylic fiber. Acrylic fibers are synthetic fibers made mostly of acrylonitrile polymers. These fibers are widely used in a variety of applications, including garments, furniture, carpets, and other materials. Acrylic fiber recycling is gathering waste acrylic-based items or textiles, processing them, and then re-extruding or reforming the fibers to generate new usable textile materials.

Recycling acrylic fibers helps to lessen the environmental impact of producing new acrylic fibers. It reduces the demand for virgin raw materials and saves energy and resources that would otherwise be used to produce new fiber. Cleaning, shredding, and melting down discarded acrylic materials are common steps in the recycling process. 

Recycled acrylic fibers can be utilized in the same ways as virgin acrylic fibers are. They can be combined with other fibers to make recycled yarns used in garments, home textiles, and industrial textiles. The necessary fiber qualities are determined by the specific application and end-use requirements.

It's vital to note that the recycling of acrylic fibers might be difficult due to the material's properties, such as its susceptibility to biodegradation. As a result, recycling and managing end-of-life acrylic goods is critical for reducing waste and encouraging sustainability in the textile sector. Manufacturers and customers should consider aspects such as fiber quality, performance, sustainability goals, and general suitability for the intended purpose when selecting recycled acrylic fiber for specific applications.

RECYCLED ACRYLIC FIBER MARKET SIZE AND FORECAST

The Global recycled acrylic fiber market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

RECYCLED ACRYLIC FIBER MARKET RECENT DEVELOPMENT

Thai Acrylic Fibre Co. Ltd. (TAF), a subsidiary of the Aditya Birla Group, has introduced recycled acrylic fiber. The new Rege fiber is manufactured from recycled acrylic waste and has already been certified by the Global Recycled Standards (GRS). TAF created this fiber in response to the increasing demand for sustainable fashion items from global consumers, brands, and retailers.

Waste accumulation and management is one of the industry's primary sustainability concerns, thus recycling pre-, post-, and in-process waste to generate new products is one of the most desired and prominent approaches to reduce environmental effects. Regel fiber is made up of 50% recycled waste and 50% virgin polymer, with the possibility of increasing the recycled component even more.

RECYCLED ACRYLIC FIBER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many recycled acrylic fibers are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global recycled acrylic fiber and key vendor selection criteria
3. Where is the recycled acrylic fiber manufactured? What is the average margin per unit?
4. Market share of Global recycled acrylic fiber market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global recycled acrylic fiber in-house
6. key predictions for next 5 years in Global recycled acrylic fiber market
7. Average B-2-B recycled acrylic fiber market price in all segments
8. Latest trends in recycled acrylic fiber market, by every market segment
9. The market size (both volume and value) of the recycled acrylic fiber market in 2024-2030 and every year in between?
10. Production breakup of recycled acrylic fiber market, by suppliers and their OEM relationship