Based on end use industry, global acrylic fibers market is segmented into apparels, home furnishings, industrial, and outdoor. The apparel segment accounted for the largest market share, in terms of the revenue, in 2022, and contributed for 58.2% in 2022. The main applications of acrylic fibers in apparel industry include sweaters, socks, fleece wear, sportswear, and others.
On the basis of region, Asia Pacific accounted for the largest revenue share in 2022 and contributed for the revenue share of 59.7% in 2022. The regional growth is driven by growing end use industries such as apparels, home furnishings, and industrial. The region is also predicted to record fastest growth in terms of revenue during the forecast period (2023 to 2030).
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