The global Acrylic Fibers Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Form (Staple, Filament), By Blending (Wool, Cotton, Others), By Application (Apparel, Household Furnishing, Industrial, Others).
The acrylic fibers market is experiencing steady growth in 2024, driven by their wide-ranging applications in textiles, apparel, outdoor furnishings, carpets, and industrial materials. Acrylic fibers are synthetic fibers made from polymers derived from acrylonitrile, known for their softness, warmth, colorfastness, and resistance to sunlight and chemicals. These fibers offer advantages such as lightweight, durability, and ease of care, making them popular choices for various consumer and industrial products. In the textile and apparel industry, acrylic fibers are used for manufacturing sweaters, blankets, socks, and activewear due to their wool-like feel, moisture-wicking properties, and quick-drying capabilities. Further, in outdoor furnishings and upholstery, acrylic fibers are employed for making awnings, outdoor cushions, and patio furniture covers for their resistance to mildew, fading, and harsh weather conditions. Additionally, in carpets and rugs, acrylic fibers serve as alternatives to wool for their softness, stain resistance, and color retention, making them suitable for high-traffic areas and commercial spaces. Furthermore, in industrial applications, acrylic fibers are utilized for making filtration media, reinforcement materials, and protective clothing for their strength, chemical resistance, and thermal stability. As consumers demand products that offer comfort, durability, and sustainability, the demand for high-quality acrylic fibers produced from renewable sources and eco-friendly processes is expected to growing, stimulating market expansion and fostering innovation in fiber technology and textile manufacturing.
The market report analyses the leading companies in the industry including Aditya Birla Management Corp Pvt. Ltd, Aksa Akrilik Kimya Sanayii AŞ, China Petrochemical Corp, Dralon, Formosa Plastiics Corporatiion, Goonvean Fibres, Indian Acrylics Ltd, Japan Exlan Co. Ltd, Jiangsu Zhongxin Resources Group, Jilin Chemical Fiber Group Co. Ltd, Kaltex, Kaneka Corp, Mitsubishi Chemical Corp, Pasupati Acrylon Ltd, PetroChina Company Ltd, Polyacryl Iran Corp, Polymir, SDF, SGL Carbon SE, Taekwang Industrial Co. Ltd, Toray Industries Inc, Vardhman Acrylics Ltd, Yousuf Dewan Companies, and others.
A prominent trend in the acrylic fibers market is the increasing demand for sustainable and eco-friendly fibers. With growing environmental concerns and consumer preferences shifting towards sustainable fashion and textiles, there is a rising demand for acrylic fibers that are produced using environmentally friendly processes and raw materials. Manufacturers are investing in sustainable production methods such as recycled acrylic fibers and bio-based acrylic fibers derived from renewable sources such as plant-based polymers. Additionally, innovations in chemical recycling technologies and closed-loop manufacturing processes enable the recovery and reuse of acrylic fiber waste, reducing environmental impact and promoting circular economy principles. The trend towards sustainable and eco-friendly fibers reflects the industry's commitment to addressing sustainability challenges and meeting the evolving needs of environmentally conscious consumers in the textile and apparel sectors.
The driver for the acrylic fibers market is the growth in the apparel and home textile industries. Acrylic fibers are valued for their softness, warmth, and moisture-wicking properties, making them suitable for a wide range of applications including sweaters, blankets, socks, carpets, and upholstery fabrics. With increasing disposable incomes, urbanization, and lifestyle changes, there is a growing demand for acrylic fibers in emerging economies where the middle-class population is expanding and consumer spending on clothing and home furnishings is on the rise. Moreover, acrylic fibers offer advantages such as colorfastness, durability, and easy care, making them popular choices for mass-market apparel brands and fast-fashion retailers. The growth in the apparel and home textile industries, coupled with advancements in fiber technology and product innovation, drives the demand for acrylic fibers as versatile and cost-effective materials for textile manufacturing.
A potential opportunity for the acrylic fibers market lies in innovation in performance and specialty fibers. While traditional acrylic fibers are primarily used in apparel and home textiles, there is growing demand for acrylic fibers with enhanced performance characteristics tailored for specific applications such as outdoor apparel, technical textiles, and industrial applications. Manufacturers can capitalize on this opportunity by developing acrylic fibers with properties such as moisture management, UV protection, flame resistance, antimicrobial properties, and conductive properties for smart textiles. Furthermore, there is a demand for specialty acrylic fibers with unique aesthetics such as softness, luster, and texture, catering to niche markets and high-value segments in the fashion and luxury industries. By investing in research and development, fiber modification techniques, and collaboration with downstream industries, acrylic fiber manufacturers can expand their product portfolio, address evolving market needs, and capture new opportunities in diverse application areas beyond traditional textiles.
The Staple segment is the largest segment in the Acrylic Fibers Market due to its versatility and wide-ranging applications across various industries. Staple acrylic fibers are produced in short lengths and are commonly used in the manufacturing of textiles, nonwoven fabrics, and other consumer goods. They are known for their softness, warmth, and moisture-wicking properties, making them suitable for apparel items such as sweaters, blankets, socks, and activewear. Additionally, staple acrylic fibers are utilized in home furnishings, upholstery, carpets, and industrial applications like filters and insulation materials. Their ability to mimic the properties of natural fibers like wool while offering superior colorfastness, resistance to sunlight, and ease of care contributes to their popularity in the market. Moreover, staple fibers can be easily blended with other fibers such as cotton, wool, or polyester to enhance performance and reduce production costs, further driving their demand across diverse end-use sectors. As a result, the Staple segment maintains its dominance in the Acrylic Fibers Market as the preferred choice for a wide range of textile and non-textile applications.
The Wool Blending segment is the fastest-growing segment in the Acrylic Fibers Market, fuelled by its ability to enhance the performance and properties of textiles while offering cost-effective alternatives to pure wool garments. Wool blending involves combining acrylic fibers with natural wool fibers to create blended yarns or fabrics with improved durability, softness, and resilience. Acrylic fibers are known for their strength, colorfastness, and ease of care, while wool fibers offer natural warmth, moisture-wicking, and breathability properties. By blending acrylic fibers with wool, textile manufacturers can create garments and textiles that retain the desirable qualities of wool while addressing its limitations, such as shrinkage and pilling. Wool-blended fabrics are increasingly sought after in the apparel industry for their luxurious feel, comfort, and performance, making them popular choices for sweaters, coats, suits, and accessories. Moreover, wool blending allows for cost savings without compromising on quality, making it an attractive option for consumers and retailers alike. With the growing demand for sustainable and versatile textiles, the Wool Blending segment experiences rapid growth as a key driver of innovation and differentiation in the Acrylic Fibers Market.
The Apparel segment is the largest segment in the Acrylic Fibers Market due to its extensive consumer demand and the versatile nature of acrylic fibers for textile applications. Acrylic fibers are widely used in the apparel industry for the manufacturing of various clothing items such as sweaters, jackets, socks, blankets, and activewear. These fibers offer potential advantages including softness, warmth, lightweight, and colorfastness, making them suitable for a wide range of garments across different seasons and climates. Additionally, acrylic fibers can mimic the texture and appearance of natural fibers like wool while being more affordable and easy to care for. This combination of properties makes acrylic fibers a popular choice among consumers and apparel manufacturers. Furthermore, acrylic fibers are often blended with other fibers such as wool, cotton, or polyester to enhance performance and reduce production costs, further expanding their application in the apparel sector. As a result, the Apparel segment maintains its dominance in the Acrylic Fibers Market as the primary driver of demand and revenue generation.
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Aditya Birla Management Corp Pvt. Ltd
Aksa Akrilik Kimya Sanayii AŞ
China Petrochemical Corp
Dralon
Formosa Plastiics Corporatiion
Goonvean Fibres
Indian Acrylics Ltd
Japan Exlan Co. Ltd
Jiangsu Zhongxin Resources Group
Jilin Chemical Fiber Group Co. Ltd
Kaltex
Kaneka Corp
Mitsubishi Chemical Corp
Pasupati Acrylon Ltd
PetroChina Company Ltd
Polyacryl Iran Corp
Polymir
SDF
SGL Carbon SE
Taekwang Industrial Co. Ltd
Toray Industries Inc
Vardhman Acrylics Ltd
Yousuf Dewan Companies
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Acrylic Fibers Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Acrylic Fibers Market Size Outlook, $ Million, 2021 to 2032
3.2 Acrylic Fibers Market Outlook by Type, $ Million, 2021 to 2032
3.3 Acrylic Fibers Market Outlook by Product, $ Million, 2021 to 2032
3.4 Acrylic Fibers Market Outlook by Application, $ Million, 2021 to 2032
3.5 Acrylic Fibers Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Acrylic Fibers Industry
4.2 Key Market Trends in Acrylic Fibers Industry
4.3 Potential Opportunities in Acrylic Fibers Industry
4.4 Key Challenges in Acrylic Fibers Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Acrylic Fibers Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Acrylic Fibers Market Outlook by Segments
7.1 Acrylic Fibers Market Outlook by Segments, $ Million, 2021- 2032
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
8 North America Acrylic Fibers Market Analysis and Outlook To 2032
8.1 Introduction to North America Acrylic Fibers Markets in 2024
8.2 North America Acrylic Fibers Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Acrylic Fibers Market size Outlook by Segments, 2021-2032
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
9 Europe Acrylic Fibers Market Analysis and Outlook To 2032
9.1 Introduction to Europe Acrylic Fibers Markets in 2024
9.2 Europe Acrylic Fibers Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Acrylic Fibers Market Size Outlook by Segments, 2021-2032
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
10 Asia Pacific Acrylic Fibers Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Acrylic Fibers Markets in 2024
10.2 Asia Pacific Acrylic Fibers Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Acrylic Fibers Market size Outlook by Segments, 2021-2032
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
11 South America Acrylic Fibers Market Analysis and Outlook To 2032
11.1 Introduction to South America Acrylic Fibers Markets in 2024
11.2 South America Acrylic Fibers Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Acrylic Fibers Market size Outlook by Segments, 2021-2032
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
12 Middle East and Africa Acrylic Fibers Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Acrylic Fibers Markets in 2024
12.2 Middle East and Africa Acrylic Fibers Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Acrylic Fibers Market size Outlook by Segments, 2021-2032
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Aditya Birla Management Corp Pvt. Ltd
Aksa Akrilik Kimya Sanayii AŞ
China Petrochemical Corp
Dralon
Formosa Plastiics Corporatiion
Goonvean Fibres
Indian Acrylics Ltd
Japan Exlan Co. Ltd
Jiangsu Zhongxin Resources Group
Jilin Chemical Fiber Group Co. Ltd
Kaltex
Kaneka Corp
Mitsubishi Chemical Corp
Pasupati Acrylon Ltd
PetroChina Company Ltd
Polyacryl Iran Corp
Polymir
SDF
SGL Carbon SE
Taekwang Industrial Co. Ltd
Toray Industries Inc
Vardhman Acrylics Ltd
Yousuf Dewan Companies
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Form
Staple
Filament
By Blending
Wool
Cotton
Others
By Application
Apparel
Household Furnishing
Industrial
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Acrylic Fibers Market Size is valued at $5.2 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.3% to reach $7.3 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Aditya Birla Management Corp Pvt. Ltd, Aksa Akrilik Kimya Sanayii AŞ, China Petrochemical Corp, Dralon, Formosa Plastiics Corporatiion, Goonvean Fibres, Indian Acrylics Ltd, Japan Exlan Co. Ltd, Jiangsu Zhongxin Resources Group, Jilin Chemical Fiber Group Co. Ltd, Kaltex, Kaneka Corp, Mitsubishi Chemical Corp, Pasupati Acrylon Ltd, PetroChina Company Ltd, Polyacryl Iran Corp, Polymir, SDF, SGL Carbon SE, Taekwang Industrial Co. Ltd, Toray Industries Inc, Vardhman Acrylics Ltd, Yousuf Dewan Companies
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume