1. What is the projected Compound Annual Growth Rate (CAGR) of the Acrylic Yarn?
The projected CAGR is approximately 2.6%.
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
Acrylic Yarn by Type (100% Acrylic Yarn, Blended Acrylic Yarn), by Application (Garment Industry, Home Textiles Industry, Other), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global acrylic yarn market, valued at approximately $10.31 billion in 2025, is projected to experience steady growth with a compound annual growth rate (CAGR) of 2.6% from 2025 to 2033. This growth is driven primarily by the increasing demand for affordable and versatile textiles in the garment and home textiles industries. The rising popularity of acrylic yarn in various applications, including knitted and woven fabrics for apparel, blankets, rugs, and upholstery, fuels market expansion. Furthermore, advancements in acrylic fiber technology, leading to improved softness, drape, and color retention, contribute to its sustained appeal among manufacturers. However, environmental concerns related to the production and disposal of synthetic fibers, along with the increasing competition from natural and other synthetic alternatives like polyester, pose challenges to the market's growth trajectory. The market segmentation reveals a significant share for the 100% acrylic yarn category, owing to its cost-effectiveness and ease of processing. The garment industry holds a substantial portion of the application segment, highlighting the widespread use of acrylic yarn in clothing production.
Regional analysis suggests that the Asia Pacific region, encompassing major textile manufacturing hubs like China and India, holds the dominant market share, fueled by significant production and consumption levels. North America and Europe also contribute significantly, although their market share might be comparatively smaller. The competitive landscape is characterized by a mix of large multinational corporations and regional players, indicating a diverse supply chain. While large companies benefit from economies of scale and established distribution networks, smaller entities focus on niche applications and specialized products. The future growth of the acrylic yarn market will depend heavily on technological innovations, environmental sustainability initiatives within the industry, and evolving consumer preferences regarding apparel and home textile materials. A shift towards recycled acrylic or bio-based alternatives could significantly impact the market dynamics in the coming years.
The global acrylic yarn market, valued at several billion units in 2025, is projected to experience robust growth throughout the forecast period (2025-2033). Driven by increasing demand from the apparel and home textile industries, the market showcases a dynamic interplay of factors impacting its trajectory. The historical period (2019-2024) witnessed a steady climb in consumption, with fluctuations influenced by global economic conditions and shifts in consumer preferences. The estimated year 2025 marks a significant point, reflecting a consolidation of trends and setting the stage for future expansion. While 100% acrylic yarn maintains a substantial market share, the rise of blended acrylic yarns, offering enhanced properties and cost-effectiveness, is a notable trend. This blend often combines acrylic with natural fibers like cotton or wool, creating fabrics with improved drape, softness, and durability, catering to a wider range of applications. Technological advancements in fiber production are contributing to improved yarn quality, resulting in softer, more comfortable, and higher-performing fabrics. Sustainability concerns are also increasingly influencing the market, with a focus on eco-friendly production methods and recycled acrylic fiber options gaining traction. The market's future growth hinges on several factors, including the evolving fashion landscape, advancements in fiber technology, and the sustainable manufacturing practices adopted by key players. Geographical shifts in manufacturing and consumption are also reshaping the market dynamics, with emerging economies playing an increasingly important role. Overall, the acrylic yarn market displays resilience and potential for substantial growth, driven by diverse factors and promising opportunities.
Several key factors are fueling the growth of the acrylic yarn market. The rising global demand for affordable yet versatile textiles is a primary driver. Acrylic yarn provides an attractive cost-effective alternative to natural fibers like wool, offering similar properties at a lower price point, thereby making it accessible to a broader consumer base. The inherent properties of acrylic yarn, including its warmth, softness, and resistance to shrinking and stretching, contribute to its popularity in various applications. This versatility is further enhanced by its ability to be blended with other fibers, allowing manufacturers to tailor the final product to specific performance requirements. The expanding garment industry, particularly in developing economies experiencing rapid economic growth, serves as a significant engine of growth, driving up the demand for affordable and durable apparel materials. Similarly, the home textiles sector, with its growing demand for soft, warm, and easy-to-maintain fabrics for blankets, carpets, and upholstery, contributes to market expansion. Furthermore, continuous innovation in acrylic fiber technology, focusing on enhanced softness, drape, and durability, coupled with the development of more sustainable production methods, strengthens the market's position and attracts environmentally conscious consumers.
Despite its positive outlook, the acrylic yarn market faces certain challenges. Fluctuations in raw material prices, particularly petroleum-based monomers which are crucial in acrylic yarn production, can significantly impact profitability and pricing. Competition from other synthetic fibers and natural fibers like polyester and cotton also presents a hurdle. These alternatives sometimes offer competitive pricing or unique properties that can attract consumers. Environmental concerns surrounding the production and disposal of synthetic fibers pose another challenge. Growing awareness of the environmental impact of acrylic yarn production is pushing manufacturers to adopt more sustainable practices. Meeting these sustainability demands while maintaining cost competitiveness requires significant investment and technological innovation. Furthermore, maintaining consistent quality and preventing variations in yarn characteristics throughout the production process is crucial for meeting market demands and maintaining consumer trust. Finally, economic downturns and shifts in global consumer spending patterns can impact demand and create uncertainty in the market.
The garment industry is a dominant application segment for acrylic yarn, accounting for a significant portion of global consumption (millions of units annually). Asia, particularly China, India, and other South-East Asian nations, represent key regions driving market growth due to their significant textile manufacturing base and robust domestic apparel consumption. Several factors contribute to this regional dominance. Firstly, these regions boast vast and cost-effective manufacturing capabilities, making them attractive production hubs for various apparel items. Secondly, the growing middle class in these economies is fueling demand for clothing and home textiles, boosting the consumption of acrylic yarn. Furthermore, government support initiatives and favorable investment climates in several Asian countries further enhance the growth trajectory.
The competitive landscape within these regions is intense, with companies striving for innovation in product quality, sustainability, and cost-efficiency. The rise of e-commerce and fast fashion further enhances the demand for cost-effective and readily available fabrics.
Several factors are poised to accelerate growth within the acrylic yarn industry. Technological advancements are constantly improving the quality, performance, and sustainability of acrylic yarns. Furthermore, increasing consumer demand for comfortable, affordable, and versatile textiles in the garment and home textile sectors fuels ongoing market expansion. The rise of blended acrylic yarn opens new avenues for product innovation and differentiation, catering to diverse consumer needs. Moreover, supportive government policies and economic growth in key regions contribute to overall market dynamism.
This report provides a comprehensive analysis of the acrylic yarn market, covering historical data, current market trends, and future projections. It delves into market segmentation by type (100% acrylic, blended acrylic) and application (garment, home textiles, others), providing detailed insights into consumption value (in millions of units) for each segment across key regions. It also identifies key industry players, analyzes competitive dynamics, and explores potential growth catalysts and challenges. The report is valuable for stakeholders in the textile industry, investors, and market researchers seeking a deep understanding of this dynamic sector.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 2.6% from 2019-2033 |
| Segmentation |
|




Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 2.6%.
Key companies in the market include Aditya Birla Yarn, Shandong Shengrui Group, Jiangsu Zhongxin Resources Group, Hanil Synthetic Fiber, Indorama, Hengfeng Group, Sutlej Textiles and Industries, Chenab Textile Mills, Zhangjiagang Huaying International, Sharman Woollen Mills, Taekwang, Shenghe Textile, Weifang Jinyi Shaxian, Gürteks Group, PT ACTEM, R.N.Spinning Mills Limited, G-way Textiles, Shandong Hengtai Textile, Zhangjiagang Yuanda Textile, Sesli, Geetanjali Woollens, Jiaxing Yarui Textile, Ganga Acrowools, P.T.KAHATEX, Sanganeriya Spinning Mills, Supreme Tex Mart, RST Group, National Spinning, Lida Modern Textile, Yancheng Fuhai Wool, J. Korin, National Spinning Company, Fine Weave Textile, Monaco Manufacturing, Xincheng Textile, Ao Hua textile, Xin Yi Chemical Textile.
The market segments include Type, Application.
The market size is estimated to be USD 10310 million as of 2022.
N/A
N/A
N/A
N/A
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3480.00, USD 5220.00, and USD 6960.00 respectively.
The market size is provided in terms of value, measured in million and volume, measured in K.
Yes, the market keyword associated with the report is "Acrylic Yarn," which aids in identifying and referencing the specific market segment covered.
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
To stay informed about further developments, trends, and reports in the Acrylic Yarn, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.