Acrylic Fibers Market Analysis, Growth and Forecast 2034
Global Acrylic Fibers Market Growth, Size, Trends Analysis - By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: CHEM2598 | Pages: 1 - 250 | Formats*: |
| Category : Chemical & Materials | |||
Global Acrylic Fibers Market Introduction and Overview
According to SPER Market Research, the Global Acrylic Fibers Market is estimated to reach USD 7.75 billion by 2034 with a CAGR of 3.68%.
The report includes an in-depth analysis of the Global Acrylic Fibers Market, including market size and trends, product mix, Applications, and supplier analysis. Between 2025 and 2034, the global acrylic fibers market is expected to grow at a compound annual growth rate (CAGR) of 3.68%, from its 2024 valuation of USD 7.75 billion. The global acrylic fibers market has grown due to rising demand in the textile and apparel industries, particularly for applications in sweaters, blankets, and sportswear, thanks to the fiber's wool-like properties, lightweight nature, and resistance to sunlight and chemicals. Furthermore, rising consumption in developing economies, combined with advances in dyeing techniques and the introduction of environmentally friendly production methods, has fueled market growth. However, the market faces significant challenges, including volatility in raw material prices—particularly acrylonitrile, which is petroleum-based—and rising environmental concerns about synthetic fibers, which are non-biodegradable and contribute to microplastic pollution. Furthermore, competition from natural and synthetic fibers such as polyester and nylon has slowed growth.
By Type Insights
The global market is divided into two categories based on type: wet spinning acrylic fibers and dry spinning acrylic fibers. Wet spinning is one of the most common fiber manufacturing processes, in which the polymer solution is passed through an extruder before being helically thrown into a coagulation bath containing a nonsolvent. Wet spun acrylic fibers are renowned for a number of qualities, such as their smooth surface, high moisture absorption, and good dye-taking ability. This process is particularly suitable for producing fine denier fibers for use in high-end apparel and home fashion fabrics.
By Application Insights
Based on application, the global market is separated into two segments: home textiles and the garment sector. Acrylic fibers are commonly used in garment production due to their wool-like texture, light weight, and ability to hold color brightly and strongly. These fibers are commonly used in sweaters, socks, and activewear, among other garments that require warmth and performance. The compatibility of the fibers with other materials such as cotton or polyester improves the performance and appearance of the finished products. In other words, acrylic fibers dry clean well and do not shrink or wrinkle easily, making them ideal for casual wear.
By Regional Insights
North America is the region with the fastest growth rate in this market. The United States of America stands out as a strong participant due to its strong focus on the production of high-quality fabric for use in upholstery, outdoor furniture, and thermal wear. Acrylic fibers are also used in the region's well-developed automotive and construction industries due to their durability and weather resistance. Companies in North America are also using high-tech technologies to reduce environmental impacts in manufacturing processes and products, which aligns with legislative requirements and chemical industry trends.
Market Competitive Landscape
The global acrylic fibers market is fiercely competitive, fueled by innovation, cost-cutting measures, and regional manufacturing advantages. Some of the key market players are Aditya Birla Management Corporation Pvt. Ltd., Aksa Akrilik Kimya Sanayii AS, China Petrochemical Corporation (Sinopec), Dralon, Formosa Plastics Corporation, Indian Acrylics Limited, Japan Exlan Co. Ltd., Jiangsu Zhongxin Resources Group, Kaltex and Kaneka Corporation.
Recent Developments:
In May 2023, The Aditya Birla Group subsidiary Thai Acrylic Fibre Co. Ltd. has unveiled a new Regel fiber variety that contains recycled material.
In January 2023, The RIFIL Group of Romania has unveiled Infinity, a new range of eco-friendly yarns. These yarns are made from Regel, a recycled acrylic fiber produced by Thai Acrylic Fibre.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, ByApplication |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | AdityaBirla Management Corporation Pvt. Ltd., Aksa Akrilik Kimya Sanayii AS, ChinaPetrochemical Corporation (Sinopec), Dralon, Formosa Plastics Corporation,Indian Acrylics Limited, Japan Exlan Co. Ltd., Jiangsu Zhongxin ResourcesGroup, Kaltex, Kaneka Corporation |
Key Topics Covered in the Report
- Global Acrylic Fibers Market Size (FY’2021-FY’2034)
- Overview of Global Acrylic Fibers Market
- Segmentation Global Acrylic Fibers Market By Type (Wet Spinning Acrylic Fibres, Dry Spinning Acrylic Fibres)
- Segmentation Global Acrylic Fibers Market By Application (Garment Industry, Home Textiles, Others)
- Statistical Snap of Global Acrylic Fibers Market
- Expansion Analysis of Global Acrylic Fibers Market
- Problems and Obstacles in Global Acrylic Fibers Market
- Competitive Landscape in the Global Acrylic Fibers Market
- Details on Current Investment in Global Acrylic Fibers Market
- Competitive Analysis of Global Acrylic Fibers Market
- Prominent Players in the Global Acrylic Fibers Market
- SWOT Analysis of Global Acrylic Fibers Market
- Global Acrylic Fibers Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Acrylic Fibers Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Acrylic Fibers Market
7.Global Acrylic Fibers Market, By Type 2021-2034 (USD Million)
7.1.Wet Spinning Acrylic Fibers7.2.Dry Spinning Acrylic Fibers
8.Global Acrylic Fibers Market, By Application 2021-2034 (USD Million)
8.1.Garment Industry8.2.Home Textiles8.3.Others
9.Global Acrylic Fibers Market 2021-2034 (USD Million)
9.1.Global Acrylic Fibers Market Size and Market Share
10.Global Acrylic Fibers Market, By Region, 2021-2034 (USD Million)
10.1.Asia-Pacific
10.1.1.Australia10.1.2.China10.1.3.India10.1.4.Japan10.1.5.South Korea10.1.6.Rest of Asia-Pacific
10.2.Europe
10.2.1.France10.2.2.Germany10.2.3.Italy10.2.4.Spain10.2.5.United Kingdom10.2.6.Rest of Europe
10.3.Middle East and Africa
10.3.1.Kingdom of Saudi Arabia10.3.2.United Arab Emirates10.3.3.Qatar10.3.4.South Africa10.3.5.Egypt10.3.6.Morocco10.3.7.Nigeria10.3.8.Rest of Middle-East and Africa
10.4.North America
10.4.1.Canada10.4.2.Mexico10.4.3.United States
10.5.Latin America
10.5.1.Argentina10.5.2.Brazil10.5.3.Rest of Latin America
11.Company Profile
11.1.Aditya Birla Management Corporation Pvt. Ltd.
11.1.1.Company details11.1.2.Financial outlook11.1.3.Product summary11.1.4.Recent developments
11.2.Aksa Akrilik Kimya Sanayii AS
11.2.1.Company details11.2.2.Financial outlook11.2.3.Product summary11.2.4.Recent developments
11.3.China Petrochemical Corporation (Sinopec)
11.3.1.Company details11.3.2.Financial outlook11.3.3.Product summary11.3.4.Recent developments
11.4.Dralon
11.4.1.Company details11.4.2.Financial outlook11.4.3.Product summary11.4.4.Recent developments
11.5.Formosa Plastics Corporation
11.5.1.Company details11.5.2.Financial outlook11.5.3.Product summary11.5.4.Recent developments
11.6.Indian Acrylics Limited
11.6.1.Company details11.6.2.Financial outlook11.6.3.Product summary11.6.4.Recent developments
11.7.Japan Exlan Co. Ltd.
11.7.1.Company details11.7.2.Financial outlook11.7.3.Product summary11.7.4.Recent developments
11.8.Jiangsu Zhongxin Resources Group
11.8.1.Company details11.8.2.Financial outlook11.8.3.Product summary11.8.4.Recent developments
11.9.Kaltex
11.9.1.Company details11.9.2.Financial outlook11.9.3.Product summary11.9.4.Recent developments
11.10.Kaneka Corporation
11.10.1.Company details11.10.2.Financial outlook11.10.3.Product summary11.10.4.Recent developments
11.11.Others
12.Conclusion
13.List of Abbreviations
14.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Acrylic Fibers Market is projected to reach USD 7.75 billion by 2034, growing at a CAGR of of 3.68% during the forecast period.
Acrylic Fibers Market grew in Market size from 2025. The Market is expected to reach USD 7.75 billion by 2034, at a CAGR of 3.68% during the forecast period.
Acrylic Fibers Market CAGR of 3.68% during the forecast period.
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Acrylic Fibers Market size is USD 7.75 billion from 2025 to 2034.
Acrylic Fibers Market is covered By Type, By Application
The North America is anticipated to have the highest Market share in the Acrylic Fibers Market.
Aditya Birla Management Corporation Pvt. Ltd., Aksa Akrilik Kimya Sanayii AS, China Petrochemical Corporation (Sinopec), Dralon, Formosa Plastics Corporation, Indian Acrylics Limited, Japan Exlan Co. Ltd., Jiangsu Zhongxin Resources Group, Kaltex, Kaneka Corporation
The report includes an in-depth analysis of the Global Acrylic Fibers Market, including market size and trends, product mix, Applications, and supplier analysis.
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