Acrylic fibers market Size, Share, Demand and Forecast to 2030

The Global Acrylic Fibers Market was valued at USD 3,413.7 Million in 2020 and is expected to rise at CAGR of 4.3% from 2021-2026 to become USD 4,331.3 Million by 2026. Increasing per capita income with continuously changing fashion trends is driving the fibers market. There has also been continuous technological advancement which is helping in bringing down the cost and ultimately increasing the growth of the market.

The raw materials used to manufacture acrylic fibers include comonomers, DMF acrylonitrile, and additives. Important raw material for production of acrylic fiber is Acrylonitrile, which is about 85% of the acrylonitrile units by weight. Acrylic fiber is made up of a comonomer and Acrylonitrile. Comonomer helps in improving the textile processability and dyeability. Acrylic fibers are made with two systems: dry spinning and wet spinning.

Acrylic fibers in cloth provides better dimensional stability and also make them easy to wash. The acrylic fibers are lightweight, soft, and warm, with a wool-like touch. Therefore their demand is increasing in textile industry. Further, the acrylic fibers has numerous application in Household Textiles, outdoor uses and industrial purposes.

Comments are closed