Acrylic Fiber Market

The global market value of the acrylic fiber market was valued at USD 4.57 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. Acrylic fiber is a synthetic fiber, which is made primarily from a polymer called polyacrylonitrile. It is used in clothing and home furnishings and outdoor fabrics.

Acrylic fiber is less expensive than natural fibers like wool and is easier to care for. It's not as breathable as natural fibers. Growing apparel industry needs drive the market growth. The increased use of acrylic fiber in blended textiles and other fibers like wool and cotton is likely to drive market growth significantly. Increasing industrialization is rapidly driving the growth in the market.

Growth Drivers

Increasing demand for acrylic fibers due to their affordability, durability, and ease of maintenance. Their lightweight and warm properties make them ideal for cold-weather clothing, contributing to their popularity in the apparel industry. Acrylic fibers are bendable with other fibers, such as cotton and wool, to enhance fabric properties like color retention, strength, and absorbency. This versatility makes them suitable for a wide range of applications, from apparel to home furnishings. Rising consumer demand for sustainable fashion and performance-driven textile innovations.

With growing environmental concerns, there is a shift towards sustainable and eco-friendly materials. Manufacturers are developing recyclable and biodegradable acrylic fibers, aligning with the global push for sustainable practices in the textile industry. Beyond textiles, acrylic fibers are used in filtration media, insulation, and geotextiles, among others, expanding the market reach.

The automotive industry is utilizing acrylic fibers for interior applications like upholstery and carpeting due to their durability and aesthetic appeal. Innovations in fiber production technology have led to the development of high-performance acrylic fibers with improved characteristics, such as better moisture-wicking capabilities and enhanced UV resistance. Increasing urbanization and rising disposable income, along with the growth of the textile industry, are fueling the growth in the market.

Segmentation

By Form

·         Staple

·         Filament

By Blending

·         Wool

·         Cotton

·         Other Blends

Application

·         Apparel

·         Household Furnishing

·         Industrial

·         Other Applications

By Region

·         Asia-Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

The Acrylic Fiber Market by Application Segmentation

On the basis of the applications, the acrylic fiber market is segmented into apparel, household furnishings, industrial, and other applications. The apparel segment is the leading one in the global acrylic fiber market. This dominance is attributed to acrylic fiber's favorable properties, such as softness, warmth, durability, and cost-effectiveness, which make it a popular alternative to wool in various cloth items, including sweaters, socks, scarves, and sportswear.

The household furnishing segment, encompassing products like carpets, rugs, and upholstery, is expected to experience steady growth. The acrylic fiber market is experiencing steady growth, driven by its diverse applications in household furnishings and industrial sectors. Their versatility, including properties like moisture-wicking, quick-drying, and resistance to sunlight and chemicals, makes them suitable for diverse applications, from apparel to technical textiles.

 Acrylic fibers are industrially used in home textiles due to their durability, aesthetic appeal, and ease of maintenance. Carpets and rugs are extensively used for their resistance to fading and wear. Acrylic fibers are extensively used in home textiles such as blankets, carpets, upholstery, and curtains due to their wool-like texture, stain resistance, and ease of maintenance.

The rise in urbanization, particularly in Asia-Pacific, has increased demand for home furnishings, boosting the market. Acrylic fibers are increasingly used in industrial applications such as filtration media, protective clothing, awnings, and outdoor fabrics due to their strength, chemical resistance, and UV stability. The industrial segment is one of the fastest-growing application areas, particularly in the automotive, marine, and construction sectors.

The Acrylic Fiber Market by Blending Segmentation

On the basis of the blending, the acrylic fiber market is segmented into wool, cotton, and other blends. Wool blends hold the largest market share and are expected to dominate the market during the forecast period. Acrylic fibers are naturally blended with natural fibers like wool to combine the warmth and softness of wool with the durability, washability, and resistance to shrinkage of acrylic.

These blends are valued for their breathability, comfort, and ease of maintenance. They are commonly used in casual wear, home textiles, and knitwear. Innovations in sustainable production, such as recycled and bio-based acrylic fibers, are gaining traction as consumers and regulations push for eco-friendly materials. For example, Thai Acrylic Fibre Co. launched Regel™, a recycled acrylic fiber, in 2023, and Arkema introduced bio-based dispersions in 2025.

Regional Outlook

On the basis of the regions, the acrylic fiber market is analyzed into 5 types: Asia-Pacific, North America, Latin America, Middle East and Africa, and Europe. Asia-Pacific region is the leading region in acrylic fiber market, and is expected to dominate during the forecast period due to robust textile industries in countries like China, India, Vietnam, and Malaysia.

China stands out the world’s largest producer of acrylic fibers. Increasing investment in textile manufacturing and rising consumer demand for apparel and home furnishings is driving the market towards significant growth. Presence of key players in the region is driving growth in the market significantly.

Middle East and Africa and Europe is also witnessing growth in acrylic fiber market due to the presence of acrylonitrile raw material producer, while Europe’s market is supported by its established textile industry. Countries like Germany, France, Italy, Spain in Europe, and Saudi Arabia, Israel, UAE, and Egypt in Middle East and Africa is driving growth in the market. The key players in the market are witnessing significant growth.

North America market is also witnessing significant growth during forecast period due to the presence of well-established textile industry. The United States of America is witnessing significant growth due to well-established industrial infrastructure in the region. Increasing emphasis on sustainability and eco-friendly materials in the market is driving growth in the market.

 Key Players

·         Kaneka Corporation

·         Pasupati Acrylon Limited

·         Indian Acrylics Limited

·         Hanil Synthetic Fiber Co., Ltd.

·         Tong-Hwa Synthetic Fiber Co., Ltd.

·         Montefibre S.p.A.

·         Formosa Plastics Group

·         Zhejiang Hangzhouwan Acrylic Co.Ltd

·         Jilin Co. Fiber Group Co. Ltd.

·         Thai Acrylic Fiber Company Ltd.

·         Dralon GmbH

·         Aksa Acrylic Kinya Sanayjii AS

·         Other Players