Polyacrylonitrile (PAN)
Fiber Market
Polyacrylonitrile (PAN) Fiber Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Polyacrylonitrile (PAN) Fiber Market Size and Growth
The Polyacrylonitrile (PAN) fiber market is experiencing significant growth due to rising demand in industries such as textiles and composites. Market size is projected to reach approximately $5 billion by 2028, driven by advancements in production techniques and increasing applications in renewable energy materials and high-performance fabrics.
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Companies Covered
(Covid 19 Impact Covered)
◍ AKSA
◍ Dralon
◍ Mitsubishi Chemical
◍ Aditya Birla Group
◍ Formosa Plastics Corporation
◍ TOYOBO (Exlan)
◍ Taekwang
◍ Toray
◍ Kaltex
◍ Montefibre
◍ Pasupati Acrylon
◍ SGL (Fisipe)
◍ SDF Group
◍ Indian Acrylics
◍ Sinopec
◍ Jilin Chemical Fiber
◍ CNPC
◍ Jiangsu Zhongxin Group
The Polyacrylonitrile (PAN) Fiber Market features key players like AKSA, Mitsubishi Chemical, and Aditya Birla Group, focusing on high-performance textiles and carbon fibers. Their innovation and production capacity drive market growth. Selected companies' revenue includes:
- Mitsubishi Chemical: ~$12 billion
- Aditya Birla Group: ~$45 billion - SGL (Fisipe): ~$1 billion.
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Market Segmentation
By Application
◍ Textiles
◍ Precursors to carbon fiber
◍ Filtration
◍ Outdoor
◍ Fiber-reinforced concrete
◍ Others
By Product
◍ Wet Spinning ◍ Dry Spinning
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Market Growth
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$ X Billion USD
