| Product Code: ETC236904 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India acrylic fiber market import shipment depicted a declining trend over the period 2020-2024, with a notable CAGR of -10.8%. The growth rate between 2023 and 2024 further decreased by -18.8%, indicating a significant slowdown in market expansion. The market faced challenges and experienced a clear deceleration in growth momentum during this period.
Acrylic fiber is a synthetic textile material widely used in India for its softness, warmth, and versatility. The India acrylic fiber market serves the country`s textile and apparel industries, offering a cost-effective alternative to natural fibers like wool. With a focus on affordability and performance, acrylic fibers are employed in a variety of applications, including clothing, home textiles, and outdoor gear. The market remains vibrant, providing a diverse range of options for consumers and manufacturers, aligning with India dynamic textile sector.
The India acrylic fiber market is predominantly driven by the country`s textile and apparel industry. Acrylic fibers are known for their affordability, durability, and ease of maintenance, making them a popular choice for various clothing and home furnishing applications. The market`s growth is closely tied to the fashion trends and consumer preferences for cost-effective, versatile synthetic fibers.
The India Acrylic Fiber market faces challenges related to competition from other synthetic and natural fibers. Additionally, the volatile prices of raw materials, environmental concerns, and sustainability issues in the textile industry create challenges for acrylic fiber producers.
The acrylic fiber market faced challenges due to supply chain disruptions and reduced demand from industries like textiles and apparel manufacturing.
In the India Acrylic Fiber Market, major players like Aditya Birla Chemicals, Vardhman Textiles Limited, India Acrylics Limited, and JBF Industries Limited play a pivotal role. They are leading manufacturers of acrylic fiber, which finds applications in textiles, outdoor furnishings, and other industries, contributing to India textile and manufacturing sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Acrylic Fiber Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Acrylic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 India Acrylic Fiber Market - Industry Life Cycle |
3.4 India Acrylic Fiber Market - Porter's Five Forces |
3.5 India Acrylic Fiber Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 India Acrylic Fiber Market Revenues & Volume Share, By Blending, 2021 & 2031F |
3.7 India Acrylic Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Acrylic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for acrylic fiber in the textile industry due to its properties like softness, warmth, and resistance to sunlight and chemicals. |
4.2.2 Growth in the fashion industry leading to higher consumption of acrylic fiber for manufacturing various apparel and accessories. |
4.2.3 Rising awareness about sustainability and environmentally friendly production processes, as acrylic fiber is recyclable and can be produced with lower energy consumption compared to other fibers. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in acrylic fiber production, such as acrylonitrile, impacting the overall production cost. |
4.3.2 Competition from other synthetic fibers like polyester and nylon, which offer similar properties at competitive prices. |
4.3.3 Concerns regarding the environmental impact of acrylic fiber production and its contribution to microplastic pollution in oceans. |
5 India Acrylic Fiber Market Trends |
6 India Acrylic Fiber Market, By Types |
6.1 India Acrylic Fiber Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Acrylic Fiber Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 India Acrylic Fiber Market Revenues & Volume, By Staple, 2021-2031F |
6.1.4 India Acrylic Fiber Market Revenues & Volume, By Filament, 2021-2031F |
6.2 India Acrylic Fiber Market, By Blending |
6.2.1 Overview and Analysis |
6.2.2 India Acrylic Fiber Market Revenues & Volume, By Wool, 2021-2031F |
6.2.3 India Acrylic Fiber Market Revenues & Volume, By Cotton, 2021-2031F |
6.2.4 India Acrylic Fiber Market Revenues & Volume, By Other Blendings, 2021-2031F |
6.3 India Acrylic Fiber Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Acrylic Fiber Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.3 India Acrylic Fiber Market Revenues & Volume, By Household Furnishing, 2021-2031F |
6.3.4 India Acrylic Fiber Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 India Acrylic Fiber Market Revenues & Volume, By Other Applications, 2021-2031F |
7 India Acrylic Fiber Market Import-Export Trade Statistics |
7.1 India Acrylic Fiber Market Export to Major Countries |
7.2 India Acrylic Fiber Market Imports from Major Countries |
8 India Acrylic Fiber Market Key Performance Indicators |
8.1 Energy efficiency ratio in acrylic fiber production processes. |
8.2 Percentage of recycled material used in acrylic fiber manufacturing. |
8.3 Research and development investment in sustainable production technologies for acrylic fiber. |
8.4 Market penetration rate of acrylic fiber in new applications or industries. |
8.5 Consumer perception and acceptance of acrylic fiber as an eco-friendly alternative. |
9 India Acrylic Fiber Market - Opportunity Assessment |
9.1 India Acrylic Fiber Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 India Acrylic Fiber Market Opportunity Assessment, By Blending, 2021 & 2031F |
9.3 India Acrylic Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Acrylic Fiber Market - Competitive Landscape |
10.1 India Acrylic Fiber Market Revenue Share, By Companies, 2024 |
10.2 India Acrylic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |