Top 10 Companies in the Polyacrylic Acid Fiber Industry (2023-2030): Market Leaders Driving Sustainable Textiles and Industrial Innovation

In Business Insights
September 25, 2025


The Global Polyacrylic Acid Fiber Market was valued at USD 6.2 Billion in 2023 and is projected to reach USD 8.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period (2023–2030). This growth is being driven by rising demand for synthetic textiles in apparel and home furnishings, expanding applications in industrial sectors like filtration and automotive, and the increasing adoption of eco-friendly acrylic fibers to meet sustainability standards across consumer and commercial markets.

As the textile and materials industry evolves toward sustainable production and versatile applications, the focus is on leading manufacturers who are advancing fiber technologies, enhancing durability, and integrating green practices. In this blog, we profile the Top 10 Companies in the Polyacrylic Acid Fiber Industry—a blend of global giants, regional specialists, and innovators shaping the future of synthetic fibers worldwide.


🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Staple Fibers, Tows, Tops for textiles and industrial uses

Toray stands as a premier producer of polyacrylic acid fibers, renowned for its high-quality acrylic fibers used in apparel, carpets, and technical textiles. The company’s advanced manufacturing processes ensure superior softness and resilience, serving major markets in Asia, Europe, and North America with a strong emphasis on R&D for performance enhancements.

Innovation and Market Initiatives:

  • Development of flame-retardant acrylic fibers for safety applications

  • Partnerships with apparel brands to integrate sustainable fiber blends

  • Commitment to reducing carbon footprint in fiber production by 30% by 2030

Download FREE Sample Report: 2023-2030 Global and Regional Polyacrylic Acid Fiber Industry Status and Prospects Professional Market – View in Detailed Research Report


9️⃣ 2. Aditya Birla Group (Grasim Industries)

Headquarters: Mumbai, India
Key Offering: Staple Fibers, Tows for clothing and home furnishings

Aditya Birla Group, through its Grasim division, is a dominant force in the Asian polyacrylic acid fiber market, producing a wide range of acrylic fibers for textiles and non-woven applications. With extensive production facilities, the company caters to growing demands in emerging economies, focusing on cost-effective and high-volume supply chains.

Innovation and Market Initiatives:

  • Investment in bio-based acrylic fiber technologies

  • Expanding capacity to meet rising export demands in Europe and the US


8️⃣ 3. Sinopec (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: Staple Fibers, Industrial-grade Tows

Sinopec leads China’s polyacrylic acid fiber production, leveraging its integrated petrochemical operations to supply fibers for industrial filtration, geotextiles, and consumer goods. The company’s scale allows it to influence global pricing and availability, particularly in East Asia and export markets.

Innovation and Market Initiatives:

  • Targets for 20% production increase through efficient polymerization processes

  • Collaborations with textile mills for customized fiber solutions


7️⃣ 4. Mitsubishi Chemical Holdings Corporation

Headquarters: Tokyo, Japan
Key Offering: Tops, Staple Fibers for technical and apparel applications

Mitsubishi Chemical is a key innovator in polyacrylic acid fibers, offering specialized products for high-performance textiles and composites. Its focus on material science drives advancements in fiber strength and dyeability, supporting industries from automotive interiors to protective clothing.

Innovation and Market Initiatives:

  • Launch of recyclable acrylic fibers to align with circular economy goals

  • Asia’s leading R&D center for fiber modifications inaugurated in 2022

Download FREE Sample Report: 2023-2030 Global and Regional Polyacrylic Acid Fiber Industry Status and Prospects Professional Market – View in Detailed Research Report


6️⃣ 5. Formosa Plastics Corporation

Headquarters: Kaohsiung, Taiwan
Key Offering: Staple Fibers, Tows for home furnishings and industrial uses

Formosa Plastics excels in large-scale production of polyacrylic acid fibers, serving global textile manufacturers with reliable supply for carpets, upholstery, and filtration media. The company’s strategic location facilitates exports to North America and Europe, emphasizing quality control and supply stability.

Innovation and Market Initiatives:

  • Implementation of energy-efficient spinning technologies

  • Aims for net-zero emissions in manufacturing operations by 2040


5️⃣ 6. Dralon GmbH (Stadum Group)

Headquarters: Rhein-Berg, Germany
Key Offering: Staple Fibers, Tops for upholstery and apparel

Dralon is Europe’s foremost producer of polyacrylic acid fibers, specializing in fibers for outdoor furniture, automotive textiles, and sportswear. Known for its durable and weather-resistant products, the company maintains a strong foothold in sustainable manufacturing practices within the EU.

Innovation and Market Initiatives:

  • Annual output exceeding 100,000 tons of eco-certified fibers

  • Target to expand to 150,000 tons by 2027 through green investments


4️⃣ 7. Aksa Akrilik Kimya Sanayii A.Ş.

Headquarters: Yalova, Turkey
Key Offering: Tows, Staple Fibers for global textile markets

Aksa is a major player in the Middle East and European polyacrylic acid fiber sector, producing high-quality fibers for weaving and knitting applications. Its vertically integrated operations ensure competitive pricing and rapid delivery to international clients in the apparel and home textiles industries.

Innovation and Market Initiatives:

  • Focus on low-water consumption processes amid regional challenges

  • R&D programs for antimicrobial fiber variants


3️⃣ 8. Taekwang Industrial Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Staple Fibers for clothing and industrial applications

Taekwang contributes significantly to the Asian polyacrylic acid fiber market, supplying fibers for fashion textiles and non-wovens. The company’s emphasis on fine-denier fibers supports premium product lines, with growing exports to Southeast Asia and beyond.

Innovation and Market Initiatives:

  • Indigenous development of colored acrylic fibers to reduce dyeing needs

  • Public sector ties to boost capacity for domestic and export growth


2️⃣ 9. Exlan Co., Ltd. (Toyobo Co., Ltd.)

Headquarters: Osaka, Japan
Key Offering: Specialty Tows, Tops for technical textiles

Exlan specializes in advanced polyacrylic acid fibers for filtration, reinforcement, and functional fabrics, positioning itself as a leader in niche applications. Its innovative approaches to fiber engineering cater to demanding sectors like electronics and healthcare.

Innovation and Market Initiatives:

  • Production goal of doubling specialty fiber output by 2030

  • Expansion of supply chains for high-tech industrial uses


1️⃣ 10. CNPC (China National Petroleum Corporation)

Headquarters: Beijing, China
Key Offering: Staple Fibers, Industrial Tows and Tops

CNPC dominates the polyacrylic acid fiber landscape in China and Central Asia, providing bulk fibers for construction materials, geotextiles, and consumer products. As a state-backed entity, it plays a crucial role in securing supply for domestic industries while exploring international partnerships.

Innovation and Market Initiatives:

  • Comprehensive solutions for large-scale industrial fiber needs

  • Alliances with regional producers to enhance distribution networks

Read Full Report: 2023-2030 Global and Regional Polyacrylic Acid Fiber Industry Status and Prospects Professional Market – View in Detailed Research Report


🌍 Outlook: The Future of Polyacrylic Acid Fiber Is Sustainable and Versatile

The polyacrylic acid fiber market is experiencing a robust transformation. Although traditional applications hold substantial share, investments in billions are flowing into recyclable and bio-derived variants, advanced spinning technologies, and expanded uses in emerging sectors like composites and medical textiles.

This evolution stems from post-pandemic recovery in textiles, where consumers seek durable yet comfortable materials. Furthermore, regulatory pressures in Europe and North America for reduced environmental impact are pushing manufacturers toward greener production methods. Because of these shifts, companies are not only scaling output but also innovating to address challenges like raw material volatility and competition from natural fibers.

However, opportunities abound with growing urbanization in Asia and Africa driving demand for affordable home furnishings and industrial materials. New technologies, such as nanotechnology integrations for enhanced properties, are opening doors to high-value applications. Meanwhile, Porter’s Five Forces analysis reveals moderate threat from new entrants due to high capital barriers, balanced bargaining powers among suppliers and buyers, and a landscape ripe for differentiation through innovation rather than price wars.

📈 Key Trends Shaping the Market:

  • Expansion of production capacities in Asia-Pacific, Europe, and North America

  • Regulatory incentives for sustainable fiber blending up to 20% recycled content by 2030

  • Digitalization in supply chains for traceability and quality control

  • Strategic alliances between fiber producers and end-user industries for customized solutions

The prime objective of understanding this market is to grasp post-COVID impacts, helping players refine strategies amid segmentation by vendors, types like staple fibers and tows, applications in clothing and industrial uses, and regions from North America to South America. Key indicators show increased competition alongside continuous innovations, with drivers like growing demands for versatile materials and new technologies fueling prospects.

Read Full Report: 2023-2030 Global and Regional Polyacrylic Acid Fiber Industry Status and Prospects Professional Market – View in Detailed Research Report

These top companies are not only weaving the fabric of the global textile supply chain—they are pioneering the sustainable evolution of synthetic fibers for a greener tomorrow.

Expanding on market dynamics, the polyacrylic acid fiber sector benefits from its inherent properties: excellent UV resistance, moisture wicking, and blendability with other synthetics like polyester. In clothing, these fibers dominate winter apparel due to warmth retention, while in home furnishings, they excel in durable carpets and curtains. Industrial uses, encompassing filtration media and concrete reinforcement, are projected to grow fastest, thanks to infrastructure booms in developing regions.

Regionally, East Asia holds over 50% market share, driven by China and Japan’s manufacturing prowess. Europe follows with emphasis on eco-innovations, where companies like Dralon comply with stringent REACH regulations. North America’s growth hinges on automotive and aerospace applications, whereas South Asia sees surges from textile exports. Challenges include fluctuating acrylonitrile prices, a key raw material, but opportunities in recycled fiber loops mitigate risks.

Vendor analysis reveals leaders like Toray and Sinopec commanding premium capacities, with revenues reflecting steady margins around 15-20%. Competitor landscapes feature consolidations, such as Aditya Birla’s expansions, challenging incumbents. Trends point to heightened rivalry, yet innovations in dye-free and antimicrobial fibers differentiate offerings. Drivers include rising disposable incomes boosting consumer textiles and technological leaps in wet-spinning for finer deniers.

Purchasing insights from this market equips stakeholders with comprehensive landscapes, assessing processes from polymerization to texturizing, and solutions for risks like supply disruptions. Understanding forces—driving demands for lightweight industrials and restraining factors like environmental scrutiny—enables strategic adoption. Future outlooks promise resilience, with custom research tailoring to specific needs beyond standard reports.

In conclusion, as global economies rebound, polyacrylic acid fibers stand resilient, blending tradition with tomorrow’s needs through these visionary leaders.