Global Recycled Acrylic Fiber Market 2024-2030

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    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

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    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
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive Innovation in the Industry
    10 Technology Trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in the US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on the point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End Use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in the past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in the past 12 months
    26 M&A in the past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunities for new suppliers
    31 Conclusion
    32 Appendix
     
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