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Acrylic Fibers Market Trends

Report ID: GMI6857
Published Date: Oct 2023
Report Format: PDF

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Acrylic Fibers Market Trends

Like many industries, the textile sector, including acrylic fibers, has been increasingly focused on sustainability. There has been growing interest in producing acrylic fibers using environmentally friendly processes and recycling post-consumer acrylic textiles. The use of recycled acrylic fibers gained momentum. Manufacturers have been working on technologies to recover and regenerate acrylic fibers from post-consumer textiles, reducing the environmental impact of production.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Acrylic fibers market size was USD 5.2 billion in 2023 and is estimated to reach USD 7.1 billion by the end of 2032 due to high usage in various apparel applications, including sweaters, socks, and sportswear.

Deman for staple fiber reached USD 3.3 billion in 2022 owing to rising adoption in the production of various textile products, including sweaters, blankets, and carpets

U.S. industry size for acrylic fibers was USD 1.6 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 driven by the influx of design trends for enhanced quality of interior materials

Nippon Paper Industries Co., Ltd., Stora Enso, South African Pulp & Paper Industries, Mondi plc, ITC Limited, Smurfit Kappa Group, Oji Holding Corporation, International Paper Group, and Svenska Cellulosa Aktiebolaget are some of the major acrylic fibers industry players