Acrylic Fibers Market
By Form;
Staple and FilamentBy Blending;
Wool, Cotton and OthersBy Application;
Apparel, Household Furnishing, Industrial and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Acrylic Fibers Market Overview
Acrylic Fibers Market (USD Million)
Acrylic Fibers Market was valued at USD 5,258.34 million in the year 2024. The size of this market is expected to increase to USD 5,876.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.6%.
Acrylic Fibers Market
*Market size in USD million
CAGR 1.6 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 1.6 % |
| Market Size (2024) | USD 5,258.34 Million |
| Market Size (2031) | USD 5,876.31 Million |
| Market Concentration | High |
| Report Pages | 364 |
Major Players
- Aditya Birla Group
- Kurteks Tekstil Sanayi ve Ticaret A.S.
- TAKEMOTO YARNS (USA) INC.
- Mitsubishi Chemical Corporation
- SABIC (Saudi Basic Industries Corporation)
- DowDuPont Inc.
- Crescent Fibers Ltd.
- Formosa Plastics Corporation
- NILIT Ltd.
- Hyosung Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Acrylic Fibers Market
Fragmented - Highly competitive market without dominant players
The Acrylic Fibers Market plays a pivotal role in the synthetic fiber industry, driven by its lightweight, soft, and wool-like texture. Nearly 65% of its production is directed toward textiles such as sweaters, socks, and blankets, underscoring its importance as a substitute for natural fibers. Its widespread adoption is fueled by cost efficiency, durability, and versatility, making it a preferred material across industries.
Key Drivers of Demand
The rising preference for synthetic apparel materials has accelerated demand for acrylic fibers. Around 52% of applications are in apparel, highlighting its dominance in fashion and daily wear. Its resistance to moths, sunlight, and chemicals boosts its value, while sectors like home furnishings and automotive interiors account for nearly 28% of consumption, further widening its application scope.
Diverse Industrial Usage
Beyond clothing, acrylic fibers are vital in industrial-grade applications that require durability and weather resistance. Roughly 19% of demand comes from outdoor fabrics, filtration systems, and awnings. The material’s strength, quick-drying feature, and adaptability make it indispensable in technical environments where natural fibers cannot perform effectively.
Innovation and Sustainability
Advancements in fiber technology have greatly improved color fastness and texture quality. Approximately 14% of adoption growth is linked to innovations in dyeing techniques, ensuring long-lasting vibrancy in textiles. Moreover, the shift toward eco-friendly and sustainable production practices has further strengthened acrylic fibers’ role in industries aligning with green initiatives.
Future Outlook
The market outlook remains strong, supported by affordability, innovation, and growing consumer trust. More than 70% of consumers continue to view acrylic fibers as a reliable wool alternative, ensuring ongoing demand. With consistent improvements in performance and design flexibility, the Acrylic Fibers Market is expected to retain its strategic importance within the global synthetic fiber sector.
Acrylic Fibers Market Key Takeaways
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Market Growth: The global acrylic fibers market is experiencing steady growth, driven by rising demand across textiles, automotive, construction, and other industries, with applications spanning apparel, home textiles, and industrial uses.
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Fiber Type Segmentation: Staple fibers dominate the market due to their versatility, affordability, and widespread application in manufacturing of garments, blankets, carpets, and upholstery materials.
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Regional Insights: Asia-Pacific leads the market with the largest share, supported by high production capacities and strong demand from countries like China, India, and Japan, while North America and Europe focus on specialized and high-quality applications.
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Application Areas: Acrylic fibers are extensively used in apparel such as sweaters, socks, and sportswear, as well as in home textiles including blankets and upholstery, and industrial textiles like filtration media and protective clothing.
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Technological Advancements: Sustainable manufacturing practices, including optimization of production processes to reduce greenhouse gas emissions, energy, and water usage, as well as recycling initiatives, are becoming increasingly important.
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Market Challenges: Fluctuating prices of petrochemical-based raw materials like acrylonitrile and environmental concerns related to chemical use and energy-intensive processes pose challenges to growth.
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Future Outlook: The market is expected to continue growing, supported by technological innovations, increasing demand across diverse industries, and the shift toward eco-friendly production and recycling practices that enhance sustainability.
Acrylic Fibers Market Recent Developments
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In 2022, Thai Acrylic Fiber Co. Ltd., a subsidiary of the Aditya Birla Group, introduced a recycled acrylic fiber under the brand name “Regel”, reinforcing its commitment to sustainability and eco-friendly textile innovation.
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In March 2022, AKSA announced the addition of two new manufacturing lines, increasing its production capacity from 330 kilotons to 365 kilotons per year. The US$ 24 million expansion project is expected to be completed within 15 months, supporting the company’s continued growth in the global acrylic fiber market.
Acrylic Fibers Market Segment Analysis
In this report, the Acrylic Fibers Market has been segmented by Form, Blending, Application and Geography.
Acrylic Fibers Market, Segmentation by Form
The Form axis differentiates demand dynamics between staple and filament formats, shaping procurement strategies, spinning choices, and downstream application performance. Buyers weigh factors such as cost-efficiency, dyeability, hand feel, and process compatibility with acrylic’s thermoplastic nature to optimize throughput. Suppliers focus on grade consistency and functional modifications (e.g., flame-retardant, solution-dyed) to win specification lock-ins and long-term contracts across apparel and technical uses.
Staple
Acrylic staple fiber is favored for its wool-like aesthetics, loft, and versatility in spinning (ring, rotor) for sweaters, socks, and blends. Converters value its bulk, warmth retention, and color fastness, enabling product differentiation at mainstream price points. Strategic growth is supported by solution-dyed offerings that reduce water usage, and by tighter supplier–knitter partnerships to stabilize quality across seasonal fashion cycles.
Filament
Acrylic filament targets segments requiring luster, uniformity, and dimensional stability, including certain home textiles and decorative applications. Producers emphasize process control and additive packages to improve pilling resistance and maintain sheen through laundering. Outlook is tied to value-engineered substitutions where acrylic’s aesthetics and performance can replicate higher-cost fibers without compromising brand standards.
Acrylic Fibers Market, Segmentation by Blending
Blending decisions align acrylic with wool, cotton, and other fibers to balance comfort, durability, cost, and care properties. Brand owners use blends to fine-tune hand feel, thermal performance, and appearance retention, while mills optimize spinning efficiency and shade consistency. Strategic partnerships between fiber makers and spinners focus on co-development of blend recipes that meet sustainability goals and reduce variability in mass production.
Wool
Acrylic–wool blends deliver a warm, soft fabric with improved price stability versus pure wool, supporting knitwear and winter apparel. Acrylic enhances pilling control and color vibrancy while moderating shrinkage and care complexity. Growth strategies emphasize solution-dyed acrylic to trim dyehouse emissions and tighter quality protocols to keep tactile performance consistent across fashion seasons.
Cotton
Acrylic–cotton blends balance breathability with aesthetic bulk, enabling lighter-weight sweaters, tees, and casualwear with enhanced shape retention. Brands leverage acrylic’s color fastness and wrinkle resistance to expand style options while maintaining accessible price points. Partnerships with mills prioritize fiber fineness control and blend uniformity to reduce defects and maintain smooth fabric surfaces.
Others
The Others category includes blends with polyester, nylon, and functional fibers to achieve specific performance attributes such as higher abrasion resistance or stretch. These blends target athleisure, industrial, and decor niches where durability and appearance are critical. Suppliers pursue application-engineered grades and technical support to secure specifications and reduce qualification cycles.
Acrylic Fibers Market, Segmentation by Application
Applications span Apparel, Household Furnishing, Industrial, and Others, each with distinct performance and compliance needs. Decision makers assess softness, thermal comfort, color stability, and lifecycle costs to align materials with brand positioning. Upstream, producers emphasize process reliability and value-added modifications to reduce downstream waste, while downstream stakeholders focus on speed-to-market and sustainability messaging.
Apparel
Apparel remains a core outlet, utilizing acrylic for knitwear, outerwear, and accessories where warmth and vibrant coloration are priorities. Retailers value design flexibility and cost management without sacrificing aesthetics. Growth is supported by collaborative planning with mills to ensure consistent shade matching and by deploying functional finishes that improve wear life.
Household Furnishing
Household furnishing applications—such as blankets, throws, and upholstery—leverage acrylic’s bulk and color fastness to deliver durable, visually rich textiles. Buyers seek fade resistance and ease of care, particularly for high-use items. Suppliers respond with solution-dyed options and enhanced pilling resistance to meet performance and branding requirements.
Industrial
Industrial use focuses on filtration media, nonwovens, and specialty fabrics where chemical resistance and thermal stability are valuable. Specifiers prioritize consistency, dimensional control, and compliance with application standards. Strategic moves include targeted grade development and technical service to support qualification and reduce downtime in critical environments.
Others
The Others segment captures niche uses in decor, crafts, and specialty textiles that benefit from acrylic’s soft hand and color brilliance. Demand is driven by design trends and seasonal collections, calling for agile supply and rapid sampling. Producers highlight short-run flexibility and custom colors to enable quick turnarounds for emerging micro-niches.
Acrylic Fibers Market, Segmentation by Geography
In this report, the Acrylic Fibers Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America emphasizes quality assurance, brand compliance, and traceable supply chains across apparel and home textiles. Buyers prioritize color fastness, pilling resistance, and reliable deliveries to support omnichannel retail calendars. Growth prospects align with solution-dyed offerings and collaborative vendor-managed inventory programs that reduce lead times and markdown risk.
Europe
Europe is shaped by stringent environmental standards and eco-label expectations, pushing suppliers toward resource-efficient dyeing and closed-loop practices. Demand concentrates in premium knitwear and home textiles where aesthetics and durability are both critical. Strategic differentiation favors low-impact chemistries and design partnerships that deliver consistent silhouettes and shades across seasons.
Asia Pacific
Asia Pacific anchors global manufacturing capacity and vertical integration, supporting large-volume programs and agile fashion cycles. Regional players leverage scale efficiencies and process innovation to compete on cost while upgrading quality. Outlook benefits from domestic consumption growth and continued investments in automation and quality systems that enhance export competitiveness.
Middle East & Africa
Middle East & Africa demand is influenced by climatic preferences, import dynamics, and the expansion of retail formats. Distributors value color-rich, easy-care products suited for diverse consumer segments. Strategic opportunities include regional finishing hubs and partnerships that improve availability and shorten replenishment cycles.
Latin America
Latin America features a mix of local manufacturing and imported feedstocks, with buyers sensitive to currency volatility and logistics reliability. Growth levers include near-shoring, shade standardization, and retail collaborations that align product drops to seasonal peaks. Suppliers focusing on service levels and cost transparency are positioned to gain share.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Acrylic Fibers Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Cost-Effectiveness
- Versatility in Applications
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Innovations in Fiber Technology - Innovations in fiber technology are transforming the Global Acrylic Fibers Market by enhancing the performance and applications of acrylic fibers. One significant advancement is the development of high-performance fibers that offer improved durability, moisture-wicking properties, and enhanced colorfastness. These innovations allow acrylic fibers to meet the demands of various high-performance applications, including sportswear and outdoor gear. The integration of advanced technologies, such as nanotechnology and microencapsulation, is pushing the boundaries of fiber functionality and performance.
Another key innovation is the introduction of eco-friendly production processes and sustainable fiber options. With growing environmental concerns, the industry is focusing on reducing the environmental impact of acrylic fiber production. This includes the development of recycled acrylic fibers and more energy-efficient manufacturing methods. By incorporating recycled materials and adopting greener production techniques, manufacturers are addressing sustainability issues and responding to increasing consumer demand for environmentally responsible products.
Additionally, advancements in fiber blending and finishing technologies are expanding the versatility of acrylic fibers. The ability to blend acrylic with other fibers, such as natural fibers or specialty synthetics, creates hybrid materials with unique properties. Innovations in finishing techniques enhance the texture, appearance, and functionality of acrylic fabrics, making them suitable for a wider range of applications. These technological advancements are driving market growth by providing more options for consumers and manufacturers alike.
Restraints:
- Environmental Concerns
- Competition from Natural Fibers
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Volatility in Raw Material Prices - Volatility in raw material prices poses a significant challenge to the Global Acrylic Fibers Market, impacting both production costs and market stability. Acrylic fibers are primarily derived from polyacrylonitrile (PAN), and fluctuations in the prices of PAN and its precursor materials can lead to unpredictable manufacturing costs. These price swings are often driven by changes in the supply and demand dynamics of petrochemical feedstocks, which are subject to geopolitical tensions, trade policies, and environmental regulations. As a result, manufacturers may face higher production costs, which can be passed on to consumers or absorbed, affecting profit margins.
The instability in raw material prices also impacts long-term planning and investment decisions within the acrylic fibers industry. Companies may struggle to forecast costs accurately, which can hinder their ability to make strategic investments in research, development, and capacity expansion. This uncertainty can lead to reduced profitability and limit the ability of firms to invest in new technologies or market opportunities. The need for financial flexibility and risk management becomes crucial as companies navigate these volatile conditions.
To mitigate the impact of raw material price volatility, some companies are exploring alternative sourcing strategies and diversifying their supply chains. Additionally, there is a growing emphasis on improving efficiency and reducing waste in the production process. Innovations in recycling and material recovery are being pursued to reduce dependence on raw material imports and lower production costs. By adopting these strategies, the industry aims to enhance resilience against price fluctuations and ensure more stable market conditions.
Opportunities:
- Growth in Emerging Markets
- Development of Eco-Friendly Products
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Expansion in Technical Textiles - The expansion in technical textiles is significantly influencing the Global Acrylic Fibers Market by opening new avenues for acrylic fiber applications. Technical textiles are engineered to meet specific performance requirements in various industries, such as automotive, aerospace, construction, and healthcare. Acrylic fibers, known for their durability, lightweight properties, and resistance to environmental conditions, are increasingly being incorporated into technical textiles. This expansion is driven by the need for advanced materials that offer superior performance and functionality in demanding environments.
In the automotive and aerospace sectors, acrylic fibers are being used in the production of composite materials and insulation products. Their ability to withstand extreme temperatures, resist abrasion, and maintain structural integrity makes them ideal for these high-performance applications. Additionally, acrylic fibers are being utilized in safety gear and protective clothing due to their lightweight and durable characteristics. This includes applications in personal protective equipment (PPE) and high-visibility clothing, where comfort and performance are critical.
The healthcare industry is also benefiting from the expansion of technical textiles, with acrylic fibers being used in medical textiles such as wound dressings and surgical gowns. These fibers offer advantages such as moisture management and antimicrobial properties, enhancing the functionality and safety of medical products. As the demand for technical textiles continues to grow across various sectors, acrylic fibers are positioned to play a key role in meeting the evolving needs of these specialized applications, driving innovation and market growth.
Acrylic Fibers Market Competitive Landscape Analysis
Acrylic Fibers Market features a competitive environment shaped by established players focusing on cost efficiency, product differentiation, and sustainable production methods. Companies emphasize strategies such as collaboration with textile manufacturers, partnerships with research institutes, and selective merger activity to secure a competitive edge and strengthen supply chain resilience while fostering consistent growth.
Market Structure and Concentration
The market demonstrates moderate concentration, with a few multinational leaders holding over 45% share. These players dominate due to their extensive distribution channels and integrated operations. Mid-sized producers enhance competition by targeting niche applications, while ongoing expansion and vertical integration drive stability and encourage long-term growth across diverse textile segments.
Brand and Channel Strategies
Manufacturers focus on reinforcing their brand presence through strategic partnerships with apparel brands and retailers. Distribution relies on multi-channel networks combining direct sales and third-party agents. Market leaders use targeted strategies that include sustainable branding, enhanced supply chain efficiency, and collaborative efforts to strengthen customer loyalty and expand their market reach.
Innovation Drivers and Technological Advancements
Investments in innovation prioritize improved fiber quality, enhanced dyeing capabilities, and eco-friendly production methods. The integration of advanced spinning technologies and new polymerization techniques ensures stronger market positioning. Continuous technological advancements support manufacturers in reducing costs, meeting sustainability requirements, and securing growth across multiple end-use industries.
Regional Momentum and Expansion
Asia-Pacific accounts for more than 60% share, driven by large-scale textile production and strong demand for affordable fabrics. Europe and North America emphasize sustainable materials and advanced blends, promoting expansion in high-value segments. Regional collaboration between producers and fashion houses fosters innovation, while government policies further stimulate industry growth across diverse applications.
Future Outlook
The market is expected to see continued growth as players prioritize sustainability, digital integration, and advanced fiber properties. Increased partnerships with downstream industries will encourage customized solutions. With rising demand for performance textiles and sustainable practices, the Acrylic Fibers Market is poised for long-term expansion supported by ongoing innovation and competitive collaboration strategies.
Key players in Global Acrylic Fibers Market include:
- Toray Industries
- Aditya Birla Group
- Taekwang Industrial
- Formosa Plastics Corporation
- Jilin Chemical Fiber Group
- Aksa Akrilik Kimya Sanayii
- Mitsubishi Chemical Corporation
- Dralon GmbH
- Exlan Japan Co., Ltd.
- Kaneka Corporation
- Hyosung Corporation
- Vardhman Textiles Ltd
- Pasupati Acrylon Ltd
- Indian Acrylics Limited
- Kaltex Fibers SA de CV
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Form
- Market Snapshot, By Blending
- Market Snapshot, By Application
- Market Snapshot, By Region
- Acrylic Fibers Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Cost-Effectiveness
- Versatility in Applications
- Innovations in Fiber Technology
- Restraints
- Environmental Concerns
- Competition from Natural Fibers
- Volatility in Raw Material Prices
- Opportunities
- Growth in Emerging Markets
- Development of Eco-Friendly Products
- Expansion in Technical Textiles
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Acrylic Fibers Market, By Form, 2021 - 2031 (USD Million)
- Staple
- Filament
- Acrylic Fibers Market, By Blending, 2021 - 2031 (USD Million)
- Wool
- Cotton
- Others
- Acrylic Fibers Market, By Application, 2021 - 2031 (USD Million)
- Apparel
- Household Furnishing
- Industrial
- Others
- Acrylic Fibers Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Acrylic Fibers Market, By Form, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Toray Industries
- Aditya Birla Group
- Taekwang Industrial
- Formosa Plastics Corporation
- Jilin Chemical Fiber Group
- Aksa Akrilik Kimya Sanayii
- Mitsubishi Chemical Corporation
- Dralon GmbH
- Exlan Japan Co., Ltd.
- Kaneka Corporation
- Hyosung Corporation
- Vardhman Textiles Ltd
- Pasupati Acrylon Ltd
- Indian Acrylics Limited
- Kaltex Fibers SA de CV
- Company Profiles
- Analyst Views
- Future Outlook of the Market

