| Study Period | 2019 - 2030 |
| Market Volume (2025) | 1.57 Million tons |
| Market Volume (2030) | 1.81 Million tons |
| CAGR | 3.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Acrylic Fiber Market Analysis
The Acrylic Fiber Market size is estimated at 1.57 million tons in 2025, and is expected to reach 1.81 million tons by 2030, at a CAGR of greater than 3% during the forecast period (2025-2030).
The market was negatively impacted by COVID-19 in 2021, as the pandemic resulted in the slowdown of businesses, products, and manufacturing facilities, resulting in less economic activity. However, the market is expected to recover during the forecast period.
- The major factors driving the growth of the market studied include the high demand for apparel and increasing industrial applications.
- On the flip side, the availability of substitutes like polyester and stringent regulations worldwide on the production of acrylic fiber are expected to hinder the growth of the market.
- However, growing opportunities and the future market for acrylic paper are expected to offer ample growth opportunities during the forecast period.
- Asia-Pacific dominated the acrylic fiber market due to high demand from the ASEAN countries and India.
Acrylic Fiber Market Trends
The Wool Segment to Dominate the Market
- The use of wool for clothing dates back to ancient times. Wool has outstanding properties, such as resistance to wrinkles, moisture absorption, and warmth. A significant feature of wool is its ability to recover from deformation over time. Hence, clothing made from these fibers is attractive.
- Fabrics woven or knitted with 100% wool fiber have become a standard in making apparel, such as sweaters, hoodies, boots, boot lining, hats, gloves, athletic wear, carpeting, blankets, roller brushes, upholstery, area rugs, protective clothing, wigs, and hair extensions.
- A majority of acrylic fiber is used to make wool and acrylic blends, which are very popular. A blend of 55% wool and 45% acrylic fiber is used to make circular knit goods. This blend is particularly used in making sportswear, with characteristics like ease of care, durability, appearance retention, color styling, and palatability.
- Different blends are used worldwide depending on the requirements. The 50/50 and 70/30 acrylic wool blends are popular among those apparel that are inexpensive, look good, and are easy to handle. The 50/50 acrylic wool blend is used to make lightweight apparel that has excellent durability and shape retention, while the 70/30 acrylic wool blend is used to make slacks.
- According to the International Wool Textile Organization, China remains the top buyer of wool fiber globally, yet there is an increasing demand for wool in the United States. During the year that concluded in November 2022, the quantity of wool clothing brought into the United States increased by 47% compared to the same period in 2021.
- Hence, increasing demand for acrylic fiber in the wool segment is expected to dominate the market over the forecast period.
Understand The Key Trends Shaping This Market
Download PDF
China to Dominate the Market in Asia-Pacific
- China is the largest producer of acrylic fibers in the world, accounting for a share of more than 30% of global acrylic fiber production. Owing to the demand from domestic and international markets, primarily from ASEAN countries, Europe, the United States, and Japan, the textile industry in China has expanded over the years.
- Iran, India, Vietnam, Pakistan, and the United Arab Emirates are some of the largest markets where China exports acrylic fibers. The country also imports acrylic fiber from countries like Japan, Germany, Thailand, South Korea, and Turkey.
- China is the largest textile-producing and exporting country in the world. It holds about 43% share of the world's total textile exports in terms of value. Thus, the growth in China's clothing industry is anticipated to boost the market for acrylic fibers.
- The country has witnessed significant growth in the textiles segment. According to the National Bureau of Statistics of China, in 2023, the combined earnings of China's leading textile companies increased by 7.2% compared to the previous year. In 2023, China's exports of textiles and clothing reached a record high of USD 293.6 billion.
- Hence, all such market trends are expected to add to the demand for the acrylic fibers market in China during the forecast period.
Get Analysis on Important Geographic Markets
Download PDF
Acrylic Fiber Industry Segmentation
The acrylic fiber market is consolidated in nature. Some of the major players in the market include (not in any particular order) Aksa Akrilik Kimya Sanayii AŞ, Dralon, Jilin Chemical Fiber Group Co. Ltd, Aditya Birla Management Corporation Pvt. Ltd, and Formosa Plastics Corporation.
Acrylic Fiber Market Leaders
-
Aksa Akrilik Kimya Sanayii A.Ş.
-
Dralon
-
Jilin Chemical Fiber Group Co., Ltd.
-
Aditya Birla Management Corporation Pvt. Ltd.
-
Formosa Plastics Corporation
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF
Acrylic Fiber Market News
- May 2023: Thai Acrylic Fibre Co. Ltd, part of Aditya Birla Group, launched a new variant of Regel fiber with 75% recycled content.
- January 2023: Romania's RIFIL Group introduced a new range of environment-friendly yarns branded as Infinity. These yarns are made from Thai Acrylic Fibre's recycled acrylic fiber, Regel.
Acrylic Fiber Industry Segmentation
Acrylic fibers are mainly synthetic fibers. The major raw materials used to manufacture acrylic fibers include acrylonitrile, comonomers, DMF, and additives. Acrylonitrile is the major raw material used in the production of acrylic fiber, which is about 85% of the acrylonitrile units by weight.
The acrylic fiber market is segmented by form, blending, application, and geography. By form, the market is segmented into staple and filament. By blending, the market is segmented into wool, cotton, and other blendings (cellulose). By application, the market is segmented into apparel, household furnishing, industrial, and other applications (upholstery). The report also covers the market sizes and forecasts for the market in 27 countries across major regions. For each segment, the market sizes and forecasts are provided in terms of volume (tons).
| Form | Staple | ||
| Filament | |||
| Blending | Wool | ||
| Cotton | |||
| Other Blendings (Cellulose) | |||
| Application | Apparel | ||
| Household Furnishing | |||
| Industrial | |||
| Other Applications (Upholstery) | |||
| Geography | Asia-Pacific | China | |
| India | |||
| Japan | |||
| South Korea | |||
| Malaysia | |||
| Thailand | |||
| Indonesia | |||
| Vietnam | |||
| Rest of Asia-Pacific | |||
| North America | United States | ||
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| Italy | |||
| France | |||
| Spain | |||
| NORDIC | |||
| Turkey | |||
| Russia | |||
| Rest of Europe | |||
| South America | Brazil | ||
| Argentina | |||
| Colombia | |||
| Rest of South America | |||
| Middle East and Africa | Saudi Arabia | ||
| South Africa | |||
| Nigeria | |||
| Qatar | |||
| Egypt | |||
| United Arab Emirates | |||
| Rest of Middle East and Africa | |||
Need A Different Region or Segment?
Customize Now
Acrylic Fiber Market Research FAQs
How big is the Acrylic Fiber Market?
The Acrylic Fiber Market size is expected to reach 1.57 million tons in 2025 and grow at a CAGR of greater than 3% to reach 1.81 million tons by 2030.
What is the current Acrylic Fiber Market size?
In 2025, the Acrylic Fiber Market size is expected to reach 1.57 million tons.
Who are the key players in Acrylic Fiber Market?
Aksa Akrilik Kimya Sanayii A.Ş., Dralon, Jilin Chemical Fiber Group Co., Ltd., Aditya Birla Management Corporation Pvt. Ltd. and Formosa Plastics Corporation are the major companies operating in the Acrylic Fiber Market.
Which is the fastest growing region in Acrylic Fiber Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Acrylic Fiber Market?
In 2025, the Asia Pacific accounts for the largest market share in Acrylic Fiber Market.
What years does this Acrylic Fiber Market cover, and what was the market size in 2024?
In 2024, the Acrylic Fiber Market size was estimated at 1.52 million tons. The report covers the Acrylic Fiber Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Acrylic Fiber Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Acrylic Fibers Industry Report
The Global Acrylic Fibers Market is segmented by form into staple and filament, and by blending into wool, cotton, and other blendings. Applications include apparel, household furnishing, industrial, and other applications. The market is further segmented by geography into Asia-Pacific, North America, Europe, South America, and the Middle-East and Africa. The report offers market size and forecasts for the Acrylic Fiber Market in volume for all the above segments. The market share and market size of acrylic fibers are significant, reflecting the market growth in various regions.
Industry reports provide a comprehensive industry analysis, illustrating price trends and market analysis. The market forecast indicates a positive market outlook, supported by market research and market trends. The market leaders in the acrylic fibers sector are highlighted, showcasing their influence on the market.
Industry information and industry research are crucial for understanding the industry trends and industry outlook. The industry sales and industry size are detailed, providing industry statistics and market data. The market predictions and market review offer insights into market segmentation and market value.
For a detailed report, a report example and report PDF can be downloaded. Research companies contribute to the depth of the market analysis, ensuring accurate industry information. This report is essential for understanding the growth rate and market forecast of the acrylic fibers market.
