Trending Insights

Global Leaders in Strategy and Innovation Rely on Our Expertise to Seize Growth Opportunities

Our Research is the Cornerstone of 1000 Firms to Stay in the Lead

1000 Top Companies Partner with Us to Explore Fresh Revenue Channels
US Tariff Impact on Acrylic Yarn Line Market
Trump Tariffs Ignite Global Business Evolution
Request FREE sample PDF 
Pharmacy benefit management market
ACRYLIC YARN LINE MARKET REPORT OVERVIEW
Global acrylic yarn line market size was usd 8.37 billion in 2024 and The market is projected to touch usd 10.94 billion by 2033 at a CAGR of 2.7% during the forecast period.
Acrylic yarn is the preferred choice for hand knitters and crocheters for two reasons, a fore mentioned wide accessibility, affordability and the option of customizing. In contrast to being made from manmade or semi-natural fibres, such as acrylonitrile being synthesized largely from coal and petroleum chemicals, its inherent advantage comes from its composition from fossil fuel-based materials which guarantees its competitiveness with other options in the market. However, while the acrylic yarn is artificially produced, it has a soft texture, high durability and is quite easy to work with allowing you to do many crafting activities. These assets make acrylic yarn a multi-purpose and useful thread for many kinds of projects that would attract beginners and experts in the crafting profession.
This acrylic yarn line presents a variety of alternatives such as weight, shades and textures to many people who are into the craft. It’s perfect operation makes it suitable for both beginners and those who are experienced in crafting. The most important gain in this field is the new acrylic yarn with softer textures produced through a revolution in manufacturing techniques which are better than the preceding versions. Aside from that, acrylic yarn can pair up with other fibres including wool and cotton, which also opens the possibility of crafting using these fibres together. Due to its blending capability not only the texture can be improved but also breathability improved so that it can be expanded to the projects of not only knitting and crocheting.
COVID-19 IMPACT
"Lockdowns resulted in a decline as it poses challenges to the market outlook"
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The negative effect of the pandemic outbreak brought up restrictions and supply chain issues about a standstill in the acrylic yarn line market. The limitations imposed on travel and business activities negatively affected industries represented by textile and handicrafts. The decrease in buying activities of consumers along with uncertainties about the future caused a drop in demand for acrylic yarn products. Another key factor is the problems in sourcing raw materials and processes of manufacturing which contribute to the reduction of acrylic yarn which also causes the manufacturing demand to be down.
LATEST TRENDS
"Rising demand for environment friendly fabric merchandise from clients has a high quality impact on the market"
With the mature consumer recognition of the troubles of the environment, the manufacturing of green and sustainable fabric is expected to come across extra traction. Due to the poor environmental impact of conventional acrylic production, manufacturers are putting a lot of effort into the research and development of alternatives which might be extra ecologically accountable. Many eco-friendly acrylic alternatives nowadays involve utilizing recycled materials or more environmentally-friendly production limiting negative effects on nature. Furthermore, some manufacturers are researching bio-based fibres for acrylic from renewable plant-based materials as a replacement for fossil-fuel derived materials. This development toward sustainable manufacturing not only fulfils consumer demand for those products which are eco-friendly but also matches with industry-wide efforts to lower carbon footprints and encourage responsible manufacturing. The manufacture of these bio-based acrylic substitutes suggests the fact that such an approach will have a positive impact on the environment in the textile sector.
ACRYLIC YARN LINE MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into 100% Acrylic Yarn and Blended Acrylic Yarn.
- 100% Acrylic Yarn: The 100% acrylic yarn has no natural fibre present inside the yarn due to the fact it is made of acrylonitrile which is a plastic fabric. This type of yarn is known for its great sturdiness, softness and affordability. This type of yarn is used for knitting and crocheting work. It is feather-light, washing machine friendly and keeps our bodies comfortable throughout its lifecycle. 100% acrylic yarn is usually picked for its wide versatility and several available colours and variety kind of manufacturing from clothes to house decor items.
- Blended Acrylic Yarn: Blended acrylic yarn is a mixture of acrylic fibres with other natural or synthetic fibres which include wool, cotton and polyester. This mixture contributes to the principle features of acrylic yarn, including features together with warm temperature and softness and eliminating moisture. The use of yarns based on the mixture of acrylic with other fibres provides a good balance between acrylic benefits and other properties that are associated with the other fibres which allows the creation of fibre of different textures and functionalities for crocheting and knitting projects. This material is an excellent alternative for those who want to make specific characteristics of an end item such as warmth or high breathability.
By Application
Based on application the global market can be categorized into Garment, Home Textiles and Others.
- Garment: Acrylic yarn is very popular in the textile industry because of its excellent performance and rich appearance. It is a light material, suitable both in dry and cold weather and has a high humidity control and lining. Acrylic yarn is a widely used substitute for wool as it provides thermal insulation, maintains the figure very well and dries quickly. It is also used in manufacturing of the synthetic cotton. The apparel sector is the main power behind the consumer delight market, where the consumption of clothes and garments is on the rise. Acrylic yarn is used in distinctive articles of apparel such as sweaters, toppers, mittens, scarves and blankets. It is predicted that acrylic yarn inside the textile enterprise will be on the rise within the years yet to come, therefore influencing the delivery for the same.
- Home Textiles: Acrylic yarn finds its place in domestic textile manufacture, namely in blankets, throws and upholstery because of its lightweight and easy-care features. Furthermore, it can be found in carpets and rugs because of its sturdiness and resistance to fading. Acrylic yarns are a multi-cause sort of yarn for domestic textiles which presents a huge choice of colours and textures that are made up of any fabric. The growth of the growing domestic textiles marketplace is mainly based on the growing demand for these customers who value comfort and fashion trends for their homes. Acrylic yarn is an enormously cheaper alternative to natural fibres such as wool and cotton, so it's considered a noteworthy choice in the realm of domestic textiles.
- Others: Acrylic yarn is used in multiple fields including crafts, hobbies and arts. It is also utilized for industrial applications such as insulation, filtration and packaging. Acrylic yarn in the automotive industry is utilized mainly for internal textiles, such as seat covers and floor mats. It can also be found in the medical field where it is used for bandages, sutures and other medical textiles. Acrylic yarns are multifunctional and stand as low-cost alternatives to natural fibers hence are a common choice for many applications.
DRIVING FACTORS
"Increase in the use of acrylic fibre in the textile industry for its characteristics to boost the market"
The textile industry is expecting a high demand for the global acrylic yarn line market growth keeping in mind factors such as fine texture, lightweight characteristics and outstanding formability. It is these characteristics that make acrylic fibre the go-to fabric for myriad applications including textile productions. The softness of cotton makes it to the clothes that one wears, and the fact it is quite light also offers ease to wear them in different climatic conditions. Acrylic fibre also has an excellent drape in addition to that feature. The drape further enhances the flow and movement of fabrics giving them a luxurious silhouette to the clothing. Besides, acrylic can imitate the appearance and texture of natural fibres such as wool at a lower price thus broadening its consumer base. This increasing consumption of acrylic fabric depicts its relevance in the textile industry among other major players that serve the changing consumer tastes and market trends.
"Rising awareness about the advantages of acrylic fibre led to the expansion of the market"
The growing population of acrylic fibre is leading to extended demand inside the acrylic yarn line market. Acrylic's significant features, such as its excessive resistance to fading, creasing and stretching, make it an ideal fabric for outside and sports activities. It is the nature of this material to ensure that the appearance and the structural integrity of the clothes made through this process remain unchanged, negating the effect of extensive use and the influence of the environment. Acrylic's resistance to fading means that colours do not have problems fading, so it makes the apparel durable and consistent during its use. In addition to this, its strong resistance to wrinkle and stretch protects its appearance and shape to render comfort and performance during outdoor as well as sports activities. Consumers become more and more selective in their requirements for durability and functionality in their dressing attires, thus the demand for acrylic threads keeps climbing to drag the acrylic fibre market and related products into fast growth.
RESTRAINING FACTORS
"Presence of alternative synthetic fibres is seen as a major challenge to the proliferation of the market"
The presence of alternative fibres such as polyester and nylon forms a threat to the acrylic yarn market. Acrylic fibre is good at qualities such as softness, durability resisting fading, wrinkling and stretching, however polyester and nylon offer the same features at a lower cost. As a strong, wrinkle resistant and quick-drying material, polyester is the main competitor with acrylic in the segments where it is used for apparel, home textiles and industries. Nylon is another tough, abrasion resistant and moisture wicking material that is also a contender with acrylic. Furthermore, polyester and nylon can similarly be produced at lower costs since they have efficient production methods and plentiful raw material sources. Therefore, users and manufacturers may decide to turn to these substitute synthetic fibres in place of acrylic, providing competition to acrylic yarn products' demand and market share.
ACRYLIC YARN LINE MARKET REGIONAL INSIGHTS
"Asia Pacific region holds the market due to the existence of the major textile manufacturing industry in the region"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
The Asia Pacific region holds the global acrylic yarn line market share, due to the overwhelming presence of leading textile manufacturing industry players, which contributes to the region’s strong position. The countries in the regions dominate since they have extensive textile infrastructure, a skilled workforce and competitive manufacturing abilities to aid them in setting the records. The strategic geographical position of the region creates the conditions for trade and export issues, therefore the region's market influence also the bulk. Additionally, the expanding use of acrylic fibre in different applications such as apparel, home textiles and the industry contributes to the increasing share of the region by multifold. Moreover, the opportunities presented by suitable government policies, venture capital and technological developments, help the acrylic fibre industry to develop a favourable path in Asia Pacific. The region possesses a strong manufacturing base along with an expanding consumer base which moves the region to innovate, improve efficiency and maintain competitiveness in the acrylic fiber market.
KEY INDUSTRY PLAYERS
"Key industry players are engaged in research and development to take the market through their high-quality products"
Key industry players are committed to improving the level of research and development to contribute to better available and quality acrylic fibre products. The decision to place a high priority on research and development is a clear sign that the company takes customer needs into account, stays ahead of its competitors and is in line with the overall market trends. Companies are in constant innovation as part of their aspiration to improve performance and durability and at the same time boost the sustainability of acrylic fibres which will in turn diversify their application across different industries. The latest technologies and most progressive manufacturing techniques are utilized in creating new fibres combinations, textures and finishes giving the final product better features along with functional use. Moreover, the research and development investments help businesses tackle environmental problems, such as by introducing new recycled or bio-based materials into the supply chain, which initiates a more sustainable environment. Eventually, the stress on research and development activities underscores the fact that the top industry firms stay ahead of the game and innovation provides the avenue for quick market growth and differentiation.
List of Top Acrylic Yarn Line Companies
- Sutlej Textiles and Industries (India)
- Chenab Textiles Mills (India)
- Sharman Woollen Mills (India)
- Geetanjali Woollens (India)
- Sanganeriya Spinning Mills (India)
- Supreme Tex Mart (India)
- Ganga Acrowools (India)
- Shandong Shengrui Group (China)
- Jiangsu Zhongxin Resources Group (China)
- Hengfeng Group (China)
- Zhangjiagang Huaying International (China)
- Shenghe Textile (China)
- Weifang Jinyi Shaxian (China)
- G-way Textiles (China)
- Shandong Hengtai Textile (China)
- Zhangjiagang Yuanda Textile (China)
- Jiaxing Yarui Textile (China)
- Lida Modern Textile (China)
- Yancheng Fuhai Wool (China)
- Hanil Synthetic Fiber (South Korea)
- Taekwang (South Korea)
- Indorama (Indonesia)
- Aditya Birla Yarn (Indonesia)
- PT ACTEM (Indonesia)
- P.T.KAHATEX (Indonesia)
- R.N.Spinning Mills Limited (Bangladesh)
- Gürteks Group (Turkey)
- Sesli (South Africa)
- RST Group (Switzerland)
- National Spinning (U.S.)
INDUSTRIAL DEVELOPMENT
April 2024: Thai Acrylic Fibre (TAF) will exhibit sustainable acrylic fibres at SIUF 2024. Pilbloc and Regel, featuring recycled content, will be showcased alongside Radianza and Outlast for eco-friendliness and thermal comfort. TAF views this as a chance to build global partnerships. TAF, a leading acrylic producer, anticipates engaging with industry professionals and enthusiasts at SIUF to promote their innovative products.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 8.37 Billion in 2024 |
Market Size Value By |
US$ 10.94 Billion by 2033 |
Growth Rate |
CAGR of 2.7% from 2024 to 2033 |
Forecast Period |
2025 - 2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
-
What value is the acrylic yarn line market expected to touch by 2033?
The global acrylic yarn line market is expected to reach USD 10.94 billion by 2033.
-
What CAGR is the acrylic yarn line market expected to exhibit by 2033?
The acrylic yarn line market is expected to exhibit a CAGR of 2.7% by 2033.
-
Which are the driving factors of the acrylic yarn line market?
Increase in the use of acrylic fibre in the textile industry for its characteristics, and rising awareness about the advantages of acrylic fibre are some of the driving factors of the acrylic yarn line market.
-
What are the acrylic yarn line market segments?
The acrylic yarn line market segmentation that you should be aware of, which include, Based on type the acrylic yarn line market is classified as 100% Acrylic Yarn and Blended Acrylic Yarn. Based on application the acrylic yarn line market is classified as Garment, Home Textiles and Others.