The Global Modified Acrylic Fiber Market was valued at USD 4.2 Billion in 2023 and is projected to reach USD 5.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This growth is propelled by rising demand for high-performance textiles, increased usage in technical applications, and the growing adoption of sustainable and flame-retardant fibers across apparel, home furnishing, and industrial sectors.
As the textile industry evolves toward smart and functional materials, the focus shifts to the key manufacturers who are pioneering advanced fiber technologies and sustainable production methods. In this blog, we profile the Top 10 Companies in the Modified Acrylic Fiber Industry—a blend of global chemical giants and specialized fiber producers shaping the future of high-value textiles.
This report aims to provide a comprehensive presentation of the global market for Modified Acrylic Fiber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Modified Acrylic Fiber. This report contains market size and forecasts of Modified Acrylic Fiber in global, including the following market information:
- Global Modified Acrylic Fiber Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Modified Acrylic Fiber Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Modified Acrylic Fiber companies in 2022 (%)
The global Modified Acrylic Fiber market was valued at US$ 3980 million in 2022 and is projected to reach US$ 5460 million by 2030, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ 680 Million in 2022, While China is Forecast to Reach $ 1,250 Million.
Acid Dyeable Segment to Reach $ 2.1 Billion by 2030, with a 5.3% CAGR in next six years.
The global key manufacturers of Modified Acrylic Fiber include Aksa Akrilik Kimya Sanayii A.S. (Aksa), Dralon, Aditya Birla Group, Jilin Chemical Fiber Group Company, Taekwang Industrial Co. Ltd., Exlan Japan Co. Ltd., Kaneka Corporation, Indian Acrylics Ltd. and Pasupati Acrylon Ltd., etc. in 2022, the global top five players have a share approximately 55% in terms of revenue.
We surveyed the Modified Acrylic Fiber manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Modified Acrylic Fiber Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Modified Acrylic Fiber Market Segment Percentages, by Type, 2022 (%)
- Acid Dyeable
- Gel Dyed
- Flame Retardant
- Anti-microbial
- Others
Global Modified Acrylic Fiber Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Modified Acrylic Fiber Market Segment Percentages, by Application, 2022 (%)
- Apparels
- Home Furnishing
- Industrial
- Outdoor
Global Modified Acrylic Fiber Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Modified Acrylic Fiber Market Segment Percentages, By Region and Country, 2022 (%)
- North America (US, Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Russia, Nordic Countries, Benelux, Rest of Europe)
- Asia (China, Japan, South Korea, Southeast Asia, India, Rest of Asia)
- South America (Brazil, Argentina, Rest of South America)
- Middle East & Africa (Turkey, Israel, Saudi Arabia, UAE, Rest of Middle East & Africa)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Modified Acrylic Fiber revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Modified Acrylic Fiber revenues share in global market, 2022 (%)
- Key companies Modified Acrylic Fiber sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Modified Acrylic Fiber sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Aksa Akrilik Kimya Sanayii A.S. (Aksa)
- Dralon
- Aditya Birla Group
- Jilin Chemical Fiber Group Company
- Taekwang Industrial Co. Ltd.
- Exlan Japan Co. Ltd.
- Kaneka Corporation
- Indian Acrylics Ltd.
- Pasupati Acrylon Ltd.
- Vardhman Acrylics Ltd.
- Mitsubishi Rayon Group
- Formosa Plastics Corporation
- Tong-Hwa Synthetic Fiber
- Kaltex Fibers
- Toray
- DOLAN GmbH
- SDF Group
- Yousuf Dewan Companies
- Sinopec
- CNPC
- Jiangsu Zhongxin Resources Group
- Zhejiang Hangzhou Bay Acrylic Fiber
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Modified Acrylic Fiber, market overview.
- Chapter 2: Global Modified Acrylic Fiber market size in revenue and volume.
- Chapter 3: Detailed analysis of Modified Acrylic Fiber manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Modified Acrylic Fiber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Modified Acrylic Fiber capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
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🔟 1. Aksa Akrilik Kimya Sanayii A.S. (Aksa)
Headquarters: Istanbul, Turkey
Key Offering: Acrylic fiber (Acrylic, Modacrylic, Dyed, Carbon Fiber precursor)
Aksa is one of the world’s largest acrylic fiber producers, with an annual production capacity exceeding 340,000 metric tons. The company’s modified acrylic fibers are renowned for their softness, colorfastness, and flame retardancy, serving global markets across multiple applications.
Strategic Focus & Innovations:
- Pioneering sustainable acrylic fiber production with recycled content
- Significant investments in R&D for advanced modacrylic applications
- Global supply chain spanning over 70 countries
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9️⃣ 2. Dralon GmbH
Headquarters: Düsseldorf, Germany
Key Offering: Dralon® acrylic fiber, Dralon® modacrylic
Dralon is a leading European manufacturer of acrylic fibers, specializing in both standard and modified acrylics for technical textiles, home furnishings, and apparel. The company is known for its high-quality, sustainable fiber production processes.
Strategic Focus & Innovations:
- Focus on eco-friendly production with reduced environmental footprint
- Advanced modacrylic fibers for flame-retardant applications
- Strong presence in European and Asian markets
8️⃣ 3. Aditya Birla Group (Grasim Industries)
Headquarters: Mumbai, India
Key Offering: Birla Acrylic, specialized modified fibers
Through its flagship company Grasim Industries, the Aditya Birla Group is a dominant player in the global acrylic fiber market. Their modified acrylic fibers cater to diverse applications, from high-fashion apparel to technical industrial uses.
Strategic Focus & Innovations:
- Integrated manufacturing from raw materials to finished fibers
- Development of specialty fibers for technical textiles
- Sustainability initiatives including water recycling and energy efficiency
7️⃣ 4. Jilin Chemical Fiber Group Company
Headquarters: Jilin City, China
Key Offering: Acrylic fiber, Carbon fiber precursor, Modified acrylic fibers
Jilin Chemical Fiber is one of China’s largest acrylic fiber producers, with extensive capabilities in modified fiber manufacturing. The company serves both domestic Chinese markets and international customers with high-performance fiber solutions.
Strategic Focus & Innovations:
- Large-scale production capacity exceeding 300,000 tons annually
- Strong focus on carbon fiber precursor development
- Expanding global export markets for specialty fibers
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6️⃣ 5. Taekwang Industrial Co. Ltd.
Headquarters: Seoul, South Korea
Key Offering: Acrylic fiber, Modacrylic, Specialty fibers
Taekwang Industrial is a major South Korean producer of acrylic and modified acrylic fibers, with a strong focus on technological innovation and quality control. The company serves global textile manufacturers with high-performance fiber solutions.
Strategic Focus & Innovations:
- Advanced fiber modification technologies
- Strong R&D capabilities for custom fiber solutions
- Global distribution network across Asia, Europe, and Americas
5️⃣ 6. Kaneka Corporation
Headquarters: Osaka, Japan
Key Offering: Kanekalon® modacrylic fiber, Specialty fibers
Kaneka Corporation is renowned for its Kanekalon modacrylic fiber, widely used in wigs, faux fur, and flame-retardant applications. The company’s modified fibers are known for their exceptional quality and performance characteristics.
Strategic Focus & Innovations:
- Pioneering modacrylic fiber technology
- Focus on sustainable and recyclable fiber solutions
- Strong Intellectual Property portfolio in modified fibers
4️⃣ 7. Formosa Plastics Corporation
Headquarters: Taipei, Taiwan
Key Offering: Acrylic fiber, Modified acrylics, Technical fibers
Formosa Plastics is a diversified chemical company with significant presence in acrylic fiber production. Their modified acrylic fibers are used in various technical applications requiring enhanced properties like flame resistance and durability.
Strategic Focus & Innovations:
- Integrated petrochemical operations ensuring raw material security
- Continuous process optimization for cost efficiency
- Expanding product portfolio for technical textile applications
3️⃣ 8. Toray Industries, Inc.
Headquarters: Tokyo, Japan
Key Offering: Specialty acrylic fibers, High-performance modified fibers
Toray is a global leader in advanced materials, including specialty acrylic fibers. The company’s modified fibers feature enhanced properties for sophisticated applications in apparel, industrial, and technical sectors.
Strategic Focus & Innovations:
- Cutting-edge fiber technology development
- Focus on high-value, specialized fiber applications
- Strong global presence with manufacturing facilities worldwide
2️⃣ 9. Mitsubishi Chemical Group (Mitsubishi Rayon)
Headquarters: Tokyo, Japan
Key Offering: Modified acrylic fibers, Specialty chemical fibers
As part of the Mitsubishi Chemical Holdings Corporation, Mitsubishi Rayon produces high-quality modified acrylic fibers for demanding applications. The company leverages advanced chemical engineering to develop fibers with specific performance characteristics.
Strategic Focus & Innovations:
- Advanced polymer chemistry expertise
- Focus on functional and smart textiles
- Global quality standards and technical support
1️⃣ 10. Exlan Japan Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: Exlan® acrylic fiber, Modified acrylic specialties
Exlan Japan specializes in the production of high-quality acrylic and modified acrylic fibers, with a focus on innovation and customer-specific solutions. The company serves diverse markets including apparel, home textiles, and industrial applications.
Strategic Focus & Innovations:
- Specialization in custom fiber modifications
- Strong technical service and application development
- Quality-focused manufacturing processes
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🧵 Outlook: The Future of Modified Acrylic Fiber Is Smart and Sustainable
The modified acrylic fiber market is undergoing significant transformation, driven by technological innovation and increasing demand for high-performance textiles. While traditional applications continue to dominate, the industry is increasingly focusing on sustainable production, smart functionalities, and circular economy principles.
📈 Key Trends Shaping the Market:
- Growing demand for flame-retardant fibers in construction and transportation sectors
- Increasing adoption of anti-microbial fibers in healthcare and apparel
- Development of bio-based and recycled acrylic fibers
- Expansion of technical applications in filtration and industrial sectors
The companies listed above are not only supp
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