Acrylic Fibers are man-made fibers which are made from acrylonitrile and a monomer. The acrylic fibers are manufactured using two process- wet spinning and dry spinning. Major applications of acrylic fibers include apparel, home furnishings, and industrial products. It is also used in production of car tops, boat covers, awnings, and outdoor furniture.

Acrylic fibers are also known as synthetic fibers which consist of almost 85% acrylonitrile monomer in their chemical composition. It can be used as 100% pure, or in combination with other natural and synthetic fibers.
The global acrylic fiber market was valued at US$ 4,587.8 Mn in 2018 and is anticipated to reach USD 6,225.2 Mn by the end of 2027, growing at a CAGR of 3.9% during the forecast period (2019 to 2027).

Market Dynamics
Based on end-use industry, acrylic fibers market is segregated into apparel, home furnishings, industrial, and outdoor segments. Wherein, apparel segment accounted for the largest market share in terms of the revenue in 2018, and contributed for 58.2% in the same year. The main applications of acrylic fiber in apparel industry include sweaters, socks, fleece wear, sportswear, and others
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Detailed Segmentation:
• Global Acrylic Fibers Market, By Dyeing Method:
◦ Acid
◦ Gel
◦ Undyed
• Global Acrylic Fibers Market, By Fiber Form:
◦ Staple
◦ Filament
• Global Acrylic Fibers Market, By Blending:
◦ Wool
◦ Cotton
◦ Others

Major Keyplayers: Aksa Akrilik Kimya Sanayii A.Ş. (Aksa), Dralon, Aditya Birla Group, Jilin Chemical Fibre Company, TAEKWANG INDUSTRIAL CO., LTD, Exlan Japan Co., Ltd., Kaneka Corporation, Indian Acrylics Limited, Pasupati Acrylon Ltd., and Vardhman Acrylics Ltd.

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