Us Recycled Acrylic Yarn Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Recycled Acrylic Yarn Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 12% from 2024 to 2030.
The U.S. recycled acrylic yarn market is experiencing significant growth, driven by increasing consumer demand for sustainable and eco-friendly textile products. This surge is largely attributed to heightened environmental awareness and a shift towards circular economy practices within the textile industry.
Recycled acrylic yarn, produced from post-consumer and post-industrial acrylic waste, offers a sustainable alternative to virgin acrylic fibers. By repurposing waste materials, this process reduces landfill accumulation and conserves resources, aligning with the growing consumer preference for environmentally responsible products.
Several factors contribute to the expansion of this market:
Environmental Benefits: Utilizing recycled materials decreases the environmental footprint of textile production, conserving energy and reducing greenhouse gas emissions.
Regulatory Support: Government policies promoting recycling and sustainability encourage manufacturers to adopt recycled materials in their production processes.
Cost Efficiency: Recycled acrylic yarn can be more cost-effective than virgin fibers, offering economic advantages to manufacturers and consumers alike.
In my experience working with textile manufacturers, I've observed a notable shift towards incorporating recycled materials into product lines. Companies are not only responding to consumer demand but also recognizing the long-term cost savings and environmental benefits associated with recycled acrylic yarn.
Market projections indicate continued growth. The global recycled yarn market, which includes recycled acrylic yarn, was valued at approximately USD 4.6 billion in 2023 and is projected to reach USD 6.9 billion by 2030, growing at a CAGR of 6.0% during the forecast period. While specific data for the U.S. market is limited, it is expected to follow a similar growth trajectory, driven by domestic demand for sustainable textile solutions.
In conclusion, the U.S. recycled acrylic yarn market is poised for substantial growth, fueled by environmental concerns, supportive regulations, and economic incentives. As both consumers and manufacturers continue to prioritize sustainability, recycled acrylic yarn stands out as a viable and attractive option in the textile industry.
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Jiangsu Yiheng Textile Technology Co.
Ltd.
RAYTENT
Polylana®
Unifi
Inc
Aditya Birla Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Recycled Acrylic Yarn Market
Solid Color Recycled Acrylic Yarn
Melange Recycled Acrylic Yarn
Textured Recycled Acrylic Yarn
Dyed Recycled Acrylic Yarn
Knitting
Crochet
Weaving
Fashion and Apparel
Home Furnishings
DIY (Do-It-Yourself) Crafting
Textile Manufacturing
Online Retail
Offline Retail
Loose Bundles
Spools
Pre-Cut Strands
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Recycled Acrylic Yarn Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Recycled Acrylic Yarn Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Recycled Acrylic Yarn Market, By Type
6. Global Recycled Acrylic Yarn Market, By Application
7. Global Recycled Acrylic Yarn Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Recycled Acrylic Yarn Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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