Acrylic tow and staple market

Acrylic tow and staple market: read the latest data enhanced by an Ai-driven BI platform. Data cover market size, consumption, market prices, production, exports, companies, imports, and trade. Here is a breakdown by country, including the U.K., the U.S., Africa, Latin America, EU, Russia, China, and the Middle East. Market dynamics and forecast to 2030 are also featured in the reports.

Acrylic Tow and Staple - World's Largest Markets

In value terms, the largest acrylic tow and staple, not carded, combed or otherwise processed for spinning markets worldwide were Japan, Taiwan (Chinese) and the United States, with a combined 43% share of the global market. China, Indonesia, Belarus, Thailand, Iran, Portugal, South Korea, Pakistan, India and Peru lagged somewhat behind, together comprising a further 29%.

Portugal (+64.7% per year) recorded the highest growth rate of market size, among the main consuming countries over the period under review, while market of acrylic tow and staple, not carded, combed or otherwise processed for spinning for the other global leaders experienced more modest paces of growth.

Acrylic Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning Prices

Acrylic Tow and Staple, not Carded, Combed or Otherwise Processed for Spinning - Top Importers

In value terms, the largest acrylic tow and staple, not carded, combed or otherwise processed for spinning importing markets worldwide were China ($169M), the United States ($145M) and Turkey ($99M), with a combined 34% share of global imports. Indonesia, India, Spain, Iran, Italy, Pakistan, the UK, Bangladesh, Romania and Egypt lagged somewhat behind, together accounting for a further 36%.

Spain (+80.6% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Acrylic Tow and Staple, not Carded, Combed or Otherwise Processed for Spinning - Top Exporters

In value terms, Japan ($427M) remains the largest acrylic tow and staple, not carded, combed or otherwise processed for spinning supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by Turkey ($138M), with a 14% share of global exports. It was followed by Thailand, with a 13% share.

In Japan, exports of acrylic tow and staple, not carded, combed or otherwise processed for spinning plunged by an average annual rate of -11.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Turkey (-31.3% per year) and Thailand (-25.1% per year).

Acrylic Tow and Staple, not Carded, Combed or Otherwise Processed for Spinning - Market Forecast

Driven by rising demand for acrylic tow and staple, not carded, combed or otherwise processed for spinning worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Acrylic Tow and Staple - Product Coverage

• HS 550130 - Fibres; synthetic filament tow, acrylic or modacrylic
• HS 550330 - Fibres; synthetic staple fibres, acrylic or modacrylic, not carded, combed or otherwise processed for spinning