Global acrylic fiber market is projected to reach a CAGR of 3.6 per cent over 2016 to 2026. Acrylic fibers possess good aesthetic properties owing to their capability to accept multi-color dyes in clear, bright and muted tones. They impart natural aesthetics to fabrics as opposed to their nylon and polyester counterparts. Also, acrylic fibers have excellent resistance to ultraviolet degradation, weak alkalis, and microbiological attack.

Demand for acrylic fibers is expected to increase in the Asia Pacific region. Sporadic supply of wool and cotton at a global level is pushing manufacturers to blend acrylic fiber with wool and cotton for use in the manufacture of products such as blankets, sweaters etc.

The global acrylic fiber market is segmented on the basis of dyeing method, fiber form, blending, end-use and region. On the basis of dyeing method, the global acrylic fiber market is segmented into acid, gel, and undyed. The gel dyeing segment is estimated to register a CAGR of 3.8 per cent over the forecast period. The gel dyeing segment is estimated to dominate the global acrylic fiber market, with a 56.5 per cent market revenue share.

On the basis of end use, the global acrylic fiber market is segmented into apparels, home furnishing, industrial, and outdoor. The apparels end-use segment is projected to register a CAGR of 3.6 per cent over the forecast period.