Product Code: ETC236905 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Acrylic Fiber Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.07% in 2025 and reaches 0.27% by 2029.
The Acrylic Fiber market in Thailand is projected to grow at a stable growth rate of 0.10% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Thailand acrylic fiber market is witnessing significant growth due to the increasing demand for lightweight and durable textiles in the country. Acrylic fibers are known for their softness, warmth, and resistance to fading, making them popular in the textile industry. The market is also driven by the growing automotive and construction sectors in Thailand, as acrylic fibers are used in the production of various interior and exterior components.
The Thailand Acrylic Fiber market is driven by several factors. Firstly, the textile and apparel industry in Thailand is expanding, and acrylic fibers find extensive usage in manufacturing various clothing items, upholstery, and home textiles. Additionally, the growing demand for lightweight and moisture-wicking fabrics in sportswear and activewear has boosted the consumption of acrylic fibers, as they offer excellent moisture management and durability. Moreover, the ease of dyeing and blending acrylic fibers with other materials like wool or cotton makes them popular in the textile sector. The construction industry is another driver, as acrylic fibers are used in concrete reinforcement, enhancing its strength and durability. With an increasing emphasis on sustainable materials, the availability of recycled and eco-friendly acrylic fibers further propels market growth.
The Thailand Acrylic Fiber Market grapples with challenges associated with the global textile industry`s evolution. Acrylic fibers have faced competition from natural fibers like cotton and wool, as well as from synthetic alternatives like polyester and nylon. The market also contends with increasing environmental consciousness, which has led to a demand for more sustainable textile options. Acrylic production involves the use of chemicals and non-renewable resources, raising environmental concerns. To address these challenges, the market must invest in sustainable production methods and focus on applications where acrylic`s durability and colorfastness are valued.
The Thailand Acrylic Fiber Market faced several challenges during the COVID-19 pandemic. The decline in consumer spending and reduced manufacturing activities, especially in the textile and automotive sectors, affected the demand for acrylic fiber. The market also experienced supply chain disruptions and raw material shortages. However, the demand for acrylic fiber in healthcare applications, including face masks and personal protective equipment, partially offset these losses. Post-pandemic recovery in industries like fashion and textiles is expected to drive market growth.
In the Thailand Acrylic Fiber market, key players include "Thai Acrylic Fiber Ltd." and "Thai Synthetic Fiber Co., Ltd." These companies are major producers of acrylic fibers used in textiles, apparel, and home furnishing applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Acrylic Fiber Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Acrylic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Acrylic Fiber Market - Industry Life Cycle |
3.4 Thailand Acrylic Fiber Market - Porter's Five Forces |
3.5 Thailand Acrylic Fiber Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Thailand Acrylic Fiber Market Revenues & Volume Share, By Blending, 2021 & 2031F |
3.7 Thailand Acrylic Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Acrylic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Acrylic Fiber Market Trends |
6 Thailand Acrylic Fiber Market, By Types |
6.1 Thailand Acrylic Fiber Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Thailand Acrylic Fiber Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Thailand Acrylic Fiber Market Revenues & Volume, By Staple, 2021-2031F |
6.1.4 Thailand Acrylic Fiber Market Revenues & Volume, By Filament, 2021-2031F |
6.2 Thailand Acrylic Fiber Market, By Blending |
6.2.1 Overview and Analysis |
6.2.2 Thailand Acrylic Fiber Market Revenues & Volume, By Wool, 2021-2031F |
6.2.3 Thailand Acrylic Fiber Market Revenues & Volume, By Cotton, 2021-2031F |
6.2.4 Thailand Acrylic Fiber Market Revenues & Volume, By Other Blendings, 2021-2031F |
6.3 Thailand Acrylic Fiber Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Acrylic Fiber Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.3 Thailand Acrylic Fiber Market Revenues & Volume, By Household Furnishing, 2021-2031F |
6.3.4 Thailand Acrylic Fiber Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Thailand Acrylic Fiber Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Thailand Acrylic Fiber Market Import-Export Trade Statistics |
7.1 Thailand Acrylic Fiber Market Export to Major Countries |
7.2 Thailand Acrylic Fiber Market Imports from Major Countries |
8 Thailand Acrylic Fiber Market Key Performance Indicators |
9 Thailand Acrylic Fiber Market - Opportunity Assessment |
9.1 Thailand Acrylic Fiber Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Thailand Acrylic Fiber Market Opportunity Assessment, By Blending, 2021 & 2031F |
9.3 Thailand Acrylic Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Acrylic Fiber Market - Competitive Landscape |
10.1 Thailand Acrylic Fiber Market Revenue Share, By Companies, 2024 |
10.2 Thailand Acrylic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |