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Acrylic fibres to grow 3.6%

Dec 20, 2016
Acrylic fibres to grow 3.6%

Global acrylic fibre market is projected to reach a CAGR of 3.6 per cent over 2016 to 2026. Acrylic fibres 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 fibres have excellent resistance to ultraviolet degradation, weak alkalis, and microbiological attack.

Demand for acrylic fibres 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 fibre with wool and cotton for use in the manufacture of products such as blankets, sweaters etc.

The global acrylic fibre market is segmented on the basis of dyeing method, fibre form, blending, end-use and region. On the basis of dyeing method, the global acrylic fibre 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 fibre market, with a 56.5 per cent market revenue share.