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Acrylic Fiber Market - Strategic Insights and Forecasts (2026-2031)

Market Size, Share, Opportunities, And Trends By Form (Staple, Filament), Blending (Wool, Cotton, Others), Application (Apparel, Household Furnishing, Industrial, Other Applications), and Geography

Market Size in 2026
USD 6.50 billion
Market Size in 2031
USD 7.84 billion
CAGR
3.8%
Study Period
2021-2031
$3,950
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Report Overview

The global Acrylic Fiber market is forecast to grow at a CAGR of 3.8%, reaching USD 7.84 billion in 2031 from USD 6.50 billion in 2026. 

Acrylic Fiber Market - Strategic Insights and Forecasts (2026-2031) market growth projection from $6.50B in 2026 to $7.84B by 2031 at a CAGR of 3.8%.
Acrylic Fiber Market - Strategic Insights and Forecasts (2026-2031) market growth projection from $6.50B in 2026 to $7.84B by 2031 at a CAGR of 3.8%.

Highlights:

  1. 1
    Textile manufacturers producing wool-like fibers
    Companies are creating soft and durable acrylic fabrics for clothing and apparel.
  2. 2
    Home furnishing brands using acrylic materials
    Producers are incorporating acrylic for carpets, blankets, and upholstery.
  3. 3
    Apparel designers blending acrylic yarns
    Fashion houses are mixing acrylic with cotton and wool for versatile garments.
  4. 4
    Industrial firms applying synthetic fibers
    Manufacturers are utilizing acrylic for technical textiles and performance applications.
  5. 5
    Companies developing recycled acrylic solutions
    Innovators are focusing on sustainable and circular fiber production methods.
  6. 6
    Consumers choosing acrylic-based products
    Shoppers are selecting acrylic blends for warmth, durability, and affordability.

Acrylic fibers are a unique material with applications in apparel, home furnishing, and industrial end-users. It is made of a synthetic polymer called acrylonitrile. These chemicals are derived from petroleum and other fossil fuel-based chemicals. Acrylic fiber is mostly needed in an application where heat retention is required. The properties of acrylic fiber, such as water resistance, shape retention, and resistivity, make it desirable for multiple applications in apparel, furnishings, upholstery, and carpeting, among others. Different types of acrylic fabric include spun yarn, filament yarn, and textured yarn.

Acrylic fibers have properties related to wool and have replaced wool in many markets, such as blankets, carpets, and sweaters. Acrylic fiber exhibits properties such as resistance to solvents and sunlight, resistance to creasing, chemical resistance, and quick drying. The growing demand for textiles, household furnishing, and other related products is driving the market for acrylic fiber.

  • India's textiles and apparel industry gives 2.3% of the GDP. Additionally, it has a share of 12% of export earnings and 13% of industrial production. Indian textile industry would contribute 2.3% to approximately 5% by the end of this decade. This expansive growth in the textile industry would boost the acrylic fiber market.

  • Acrylic fiber is an extremely recyclable material. Following this, the European Union has a sustainable and circular textiles policy. According to the European Union, 5 million tonnes of clothing are discarded annually in the region. Accordingly, it is estimated that 20 to 35 jobs would be created for every 1000 tonnes of textiles for re-use.

Acrylic Fiber Market Drivers:

  • Increasing use in the apparel industry

There has been a wide variety of applications for acrylic fiber. Such as knitwear, hand-knitting yarns, sportswear, and working uniforms, among others. Knitwear is made from acrylic fiber for knitted inner or outerwear items. For the customizable use of the fiber, hand-knitting yarns are used for soft touch and bright colors, driven by the changing style through social media influence. Acrylic fiber provides comfort, stability, and durability for sportswear, making it a desirable material in different sports. Working uniforms are needed for offices, colleges, or schools. This fiber also provides fashionable and formal looks for individuals.   

Moreover, using recycled acrylic material is a growing trend in the industry. The use of recycled material decreases the company’s carbon footprint and provides more innovative and sustainable applications. Aditya Birla Yarn offers Regel material made of recycled content up to 75%. This is used to make various clothing such as sweaters, innerwear, hoodies, etc. The easy coloring property of the acrylic material makes it viable for applications in the textile industry.

  • Demand for household furnishing

Acrylic fiber is a material with major advantages, such as its resistance to chemicals and water, making it a better option for outdoor applications such as awnings and furniture. These fabrics are also highly resistant to stains, mildew, and insects, thus making them best used for curtains, carpets, and other home furnishing applications. With growing urbanization worldwide, the demand for household items will also increase.

According to the United Nations, around 57% of the world's population in 2022 will be living in urban cities. This growing trend shows the increasing city population in the coming years. According to the estimates, 6,605 million people live in urban areas. The growth of the city population will lead to the demand for acrylic fiber for different industries, including textiles and automobiles.

Acrylic fabric is the major advantage for upholstery purposes because of its durability, resistance to staining, multiple color options, and scratch resistance. It is also easy to maintain and clean, ideal for furniture items such as sofas, chairs, cushions, and curtains.

  • Rising demand from the online market

The growing online market has created space for various products, including fashionable apparel. The online apparel industry’s expansion is driven by trending dresses, promotion by influencers, and multicultural dresses easily available in online stores. Additionally, acrylic fibers are now used in many components, tools, and equipment for their resistance and glossy surface. Synthetic fiber acrylic gives more color varieties and designs.

Moreover, online shopping sites give a wide variety of options for home decor and home furnishing, like curtains, tablecloths, kitchen cloths, etc. These products are not only on sites like Amazon, Meesho, Etsy, etc. It is available in different colors and varieties. The growing demand from online shopping sites, increasing internet penetration, and the use of more electronic equipment have created a broader demand for different synthetic fiber products like acrylic fiber. Further, in the United States, e-commerce sale was 15.28% of the total retail sales in 2023, giving importance to the growing e-commerce market in the country. With the growing virtual and augmented reality applications, easy payment systems, and better logistics, are shaping the market's future.

Acrylic Fiber Market Geographical Outlook:

  • Asia Pacific region is expected to dominate the acrylic fiber market during the forecast period.

China, Japan, India, and South Korea are major economies in the Asia Pacific and the world. They are part of the G20 group. Other ASEAN countries are also the fastest-growing economies in the world. This includes countries like Malaysia, Indonesia, Vietnam, Singapore, etc. The growing disposable income in these economies plays a major role in the demand for acrylic fiber materials. The growing application of acrylic fiber is a major factor in the expanding market. Acrylic fibers are used in textiles, home furnishing, and industrial end uses. The growing application is mainly from the automobile sector, where it is in demand due to its appearance (gloss, build), weather resistance, adhesion, transparency, hardness, heat resistance, chemical resistance, water resistance, and workability.

India, in FY23, produced 25.9 million automobile vehicles. India is a major market player in automobiles as both a consumer and producer. Additionally, China was the largest consumer of electric vehicles in 2023. This makes the Asia Pacific region a major global market for automobiles. The growing industrialization will increase the demand for acrylic fiber in the region.

Acrylic Fiber Market Restraints:

  • The easy availability of acrylic fiber is one of the biggest challenges for the market. Materials such as wool are used to produce sweaters, knits, hosiery, coats, activewear, and blankets, among other things. Nylon is another prominent substitute for home furnishing and industrial end uses. These substitutes are easily available in the market, making the choices for the different applications very competitive.

  • Additionally, the use of acrylic fabrics is one of the major contributors to microplastics in the marine environment, making it a difficult choice for environmentally responsive industrial applications.

Acrylic Fiber Market Developments:

  • March 2026: Toray Industries launched new function- and application-based sub-brands for TORAYLON acrylic fiber, strengthening overseas marketing strategies and expanding high-performance acrylic fiber positioning across global textile applications.

  • March 2026: UNIFI introduced Luxel, a linen-inspired performance yarn incorporating recycled textile materials, delivering wrinkle resistance, moisture management, and sustainable textile functionality for apparel and home textile markets.

  • May 2025: HUGO BOSS introduced NovaPoly recycled yarn developed from textile waste with enhanced biodegradability, supporting next-generation sustainable synthetic fiber innovation for global fashion and apparel production.

  • May 2025: UNIFI launched Fortisyn abrasion-resistant yarn engineered for military and tactical applications, expanding advanced synthetic fiber performance capabilities with enhanced durability and tensile strength properties.

  • February 2025: UNIFI launched Integr8™, a multi-functional sustainable yarn platform incorporating recycled synthetic fibers with moisture management, softness, and stretch performance for apparel, footwear, and furnishing textile applications.

Acrylic Fiber Market Scope: 

Report Metric Details
Total Market Size in 2026 USD 6.50 billion
Total Market Size in 2031 USD 7.84 billion
Forecast Unit Billion
Growth Rate 3.8%
Study Period 2021 to 2031
Historical Data 2021 to 2024
Base Year 2025
Forecast Period 2026 – 2031
Segmentation Form, Blending, Application, Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies
  • Aditya Birla Management Corporation Pvt. Ltd
  • Aksa Akrilik Kimya Sanayii A
  • China Petrochemical Corporation
  • Formosa Plastics Group
  • Goonvean Fibres
  • Indian Acrylics Limited
  • Japan Exlan Co. Ltd
  • Jilin Chemical Fiber Group Co. Ltd
  • Kaltex
  • Mitsubishi Chemical Corporation

Acrylic Fiber Market Segmentation:

  • By Form

    • Staple

    • Filament

  • By Blending

    • Wool

    • Cotton

    • Others

  • By Application

    • Apparel

    • Household Furnishing

    • Industrial

    • Other Applications

  • By Geography

    • North America

      • USA

      • Canada

      • Mexico

    • South America

      • Brazil

      • Argentina

      • Rest of South America

    • Europe

      • United Kingdom

      • Germany

      • France

      • Italy

      • Spain

      • Rest of Europe

    • Middle East and Africa

      • Saudi Arabia

      • UAE

      • Rest of the Middle East and Africa

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Taiwan

      • Thailand

      • Indonesia

      • Rest of Asia-Pacific

Market Segmentation

By Form
  • Staple
  • Filament
By Blending
  • Wool
  • Cotton
  • Others
By Application
  • Apparel
  • Household Furnishing
  • Industrial
  • Other Applications
By Geography
  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Rest of the Middle East and Africa
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Rest of Asia-Pacific

Geographical Segmentation

North America, South America, Europe, Middle East and Africa, Asia Pacific

Table of Contents

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Increasing use in the apparel industry

4.1.2. Demand for household furnishing 

4.1.3. Rising demand from the online market

4.2. Market Restraints

4.2.1. Easy availability of substitute materials

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. ACRYLIC FIBER MARKET BY FORM

5.1. Introduction

5.2. Staple

5.3. Filament

6. ACRYLIC FIBER MARKET BY BLENDING

6.1. Introduction

6.2. Wool

6.3. Cotton

6.4. Others

7. ACRYLIC FIBER MARKET BY APPLICATION 

7.1. Introduction

7.2. Apparel

7.3. Household Furnishing

7.4. Industrial

7.5. Other Applications

8. ACRYLIC FIBER MARKET BY GEOGRAPHY

8.1. Global Overview

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Rest of South America

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Rest of Europe

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. United Arab Emirates

8.5.3. Rest of Middle East and Africa

8.6. Asia-Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Rest of Asia-Pacific

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Aditya Birla Management Corporation Pvt. Ltd

10.2. Aksa Akrilik Kimya Sanayii A

10.3. China Petrochemical Corporation

10.4. Formosa Plastics Group

10.5. Goonvean Fibres

10.6. Indian Acrylics Limited

10.7. Japan Exlan Co. Ltd

10.8. Jilin Chemical Fiber Group Co. Ltd

10.9. Kaltex

10.10. Mitsubishi Chemical Corporation

10.11. Pasupati Acrylon Ltd

10.12. PetroChina Company Limited

10.13. SGL Carbon

10.14. Taekwang Industrial Co. Ltd

10.15. Toray Industries Inc.

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Report IDKSI061616958
PublishedMay 2026
Pages148
FormatPDF, Excel, PPT, Dashboard
Frequently Asked Questions

The global Acrylic Fiber market is forecast to grow at a Compound Annual Growth Rate (CAGR) of 3.8% between 2026 and 2031. This growth is expected to increase the market's value from USD 6.50 billion in 2026 to an estimated USD 7.84 billion by 2031, according to the strategic insights and forecasts presented in the report.

The report highlights apparel, home furnishing, and industrial end-users as key applications, with significant demand in knitwear, sportswear, and hand-knitting yarns. The primary market drivers include the growing demand for textiles, household furnishing, and other related products, along with acrylic fiber's desirable properties such as heat retention, water resistance, and shape retention.

India's textiles and apparel industry is a significant contributor, currently accounting for 2.3% of the GDP and projected to reach approximately 5% by the end of this decade. This expansive growth, alongside its 12% share of export earnings and 13% of industrial production, is expected to substantially boost the acrylic fiber market in the region.

The report emphasizes the growing trend of using recycled acrylic material, which helps decrease companies' carbon footprints and provides more innovative and sustainable applications. Additionally, the European Union's sustainable and circular textiles policy, addressing millions of tonnes of discarded clothing annually, highlights the increasing focus on textile re-use and recycling initiatives.

Acrylic fiber's desirable properties include excellent heat retention, water resistance, shape retention, and resistivity, making it a desirable material for multiple applications. It also exhibits resistance to solvents and sunlight, resistance to creasing, chemical resistivity, and quick-drying capabilities, contributing to its widespread use in apparel, furnishings, upholstery, and carpeting.

While not a dedicated competitive landscape section, the report notes the growing trend of using recycled acrylic material as an innovation. It specifically mentions Aditya Birla Yarn, which offers 'Regel' material made from up to 75% recycled content, utilized in various clothing items like sweaters and hoodies, showcasing a move towards sustainable product development within the industry.

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