ACRYLIC FIBERS MARKET ANALYSIS
Global acrylic fibers market was valued at US$ 5,294.3 Mn in 2022 and is estimated to reach US$ 7,251.1 Mn by 2030, exhibiting a CAGR of 4.01% during the forecast period (2023 to 2030).
Ongoing developments in acrylic fibers such as weather-resistant, flame-retardant acrylic fibers, and anti-microbial acrylic fibers is expected to create new growth opportunities for the market growth over the forecast period. For instance, in September 2018, Thai Acrylic Fibre Co. (Aditya Birla Group), and Bulliontex Co. Ltd. partnered to offer quality outdoor fabrics to the Thailand market. These fabrics are made with Thai Acrylic Fibre Co.’s Durashin fiber, and are used for awnings, outdoor furniture, and marine fabrics. Through this partnership, these fabrics were locally available inThailand.
Acrylic Fibers Market Report Snapshots
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