The Global Synthetic Acrylic Fiber Market was valued at USD 5.24 Billion in 2024 and is projected to reach USD 8.91 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024-2032). This growth is driven by rising demand for cost-effective wool alternatives, expanding technical textile applications, and increasing adoption in home furnishing sectors across emerging economies.
As textile manufacturers seek sustainable yet high-performance fiber solutions, synthetic acrylic fibers have emerged as a versatile alternative to natural wool, offering superior color retention, durability, and easy-care properties. This analysis profiles the Top 10 Companies in the Synthetic Acrylic Fiber Industry – global leaders and regional champions shaping fiber technology and production worldwide.
🔟 10. Toray Industries
Headquarters: Tokyo, Japan
Key Offering: Specialty acrylic fibers, high-performance textiles
Toray Industries is a global materials science leader with advanced acrylic fiber technologies for technical and industrial applications. The company supplies high-performance fibers to automotive and aerospace industries.
Innovation Focus:
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Flame-resistant fiber technologies
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Carbon fiber precursor development
9️⃣ 9. Formosa Plastics Corporation
Headquarters: Taiwan
Key Offering: Commodity acrylic fibers, industrial applications
Formosa Plastics operates one of Asia’s largest integrated acrylic fiber production facilities, with annual capacity exceeding 200,000 tons. The company supplies fibers to textile hubs across Southeast Asia.
Market Position:
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Key supplier to Taiwan’s textile industry
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Growing exports to Middle East markets
8️⃣ 8. Exlan Corporation
Headquarters: Osaka, Japan
Key Offering: Specialty acrylic fibers, technical applications
Exlan Corporation specializes in high-performance acrylic fibers for technical textiles, filtration media, and industrial fabrics. The company is known for its proprietary fiber modification technologies.
Technical Capabilities:
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Antimicrobial fiber treatments
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High-tenacity fiber variants
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7️⃣ 7. CNPC (China National Petroleum Corporation)
Headquarters: Beijing, China
Key Offering: Commodity acrylic fibers, petrochemical integration
As one of China’s state-owned energy giants, CNPC operates vertically integrated acrylic fiber production facilities with annual capacity of 150,000 tons. The company supplies domestic textile manufacturers.
Strategic Advantages:
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Direct acrylonitrile feedstock access
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Cost leadership in Chinese market
6️⃣ 6. Tong-Hwa Synthetic Fiber
Headquarters: Taiwan
Key Offering: Textile-grade acrylic fibers, custom solutions
Tong-Hwa Synthetic Fiber is a major supplier to Taiwan’s textile industry with specialized offerings for knitwear and home furnishings. The company operates two production plants with combined capacity of 80,000 tons annually.
Product Differentiation:
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Ultra-soft fiber variants
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Vibrant colorfast dyes
5️⃣ 5. DOLAN GmbH
Headquarters: Germany
Key Offering: Acrylic fibers for technical textiles
DOLAN GmbH specializes in high-performance acrylic fibers for industrial applications including filtration, geotextiles, and protective clothing. The company serves European and North American markets.
Technical Expertise:
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Flame-retardant fiber technologies
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Chemical-resistant fiber variants
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4️⃣ 4. Jiangsu Zhongxin Resources Group
Headquarters: Jiangsu, China
Key Offering: Commodity acrylic fibers, industrial fibers
Jiangsu Zhongxin is a major Chinese acrylic fiber producer with annual capacity of 180,000 tons. The company supplies domestic textile manufacturers and exports fibers to Southeast Asia.
Market Position:
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Key supplier to East China textile hubs
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Growing technical textile applications
3️⃣ 3. Yousuf Dewan Companies
Headquarters: Pakistan
Key Offering: Acrylic staple fibers, textile solutions
Yousuf Dewan is Pakistan’s leading acrylic fiber manufacturer, supplying over 60% of domestic demand. The company operates two production lines with annual capacity of 75,000 tons.
Strategic Focus:
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Cost-effective fiber solutions
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Serving value-conscious textile brands
2️⃣ 2. Mitsubishi Rayon Group
Headquarters: Tokyo, Japan
Key Offering: Specialty acrylic fibers, industrial applications
Now part of Mitsubishi Chemical Corporation, Mitsubishi Rayon is a technology leader in high-performance acrylic fibers for automotive and construction applications.
Innovation Leadership:
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Carbon fiber precursor technology
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Advanced composite fibers
1️⃣ 1. Aksa Akrilik
Headquarters: Istanbul, Turkey
Key Offering: Full-range acrylic fiber solutions
Aksa Akrilik is the world’s largest acrylic fiber producer with annual capacity exceeding 750,000 tons. The company supplies fibers to textile manufacturers in 60+ countries through its global network.
Market Leadership:
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Geographically diversified production facilities
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Vertical integration with raw material sourcing
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Continual capacity expansions to meet global demand
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Global and China Synthetic Acrylic Fiber Market – View in Detailed Research Report
🌍 Outlook: The Future of Synthetic Acrylic Fiber
The synthetic acrylic fiber market is evolving with technological advancements and sustainability demands reshaping industry dynamics.
📈 Key Trends Shaping the Market:
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Growing demand for sustainable fiber alternatives
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Expansion in technical textile applications
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Vertical integration strategies among producers
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Capacity consolidation in key markets
Get Full Report Here:
Global and China Synthetic Acrylic Fiber Market – View in Detailed Research Report
The companies profiled represent the industry leaders driving innovation in synthetic acrylic fiber production globally.