Soaring past 4.6 million tons globally and powering everything from our coziest sweaters to the latest car headlights, the acrylic industry is a multi-billion-dollar colossus whose incredible scale and dynamic growth is revealed in the following key statistics.
Key Takeaways
- Global acrylic fiber market size reached 4.62 million tons in 2022
- Acrylic fiber market expected to grow at CAGR of 3.8% from 2023 to 2030
- North America acrylic sheets market valued at USD 1.2 billion in 2023
- China acrylic sheets production capacity hit 1.2 million tons in 2023
- Global acrylic fiber production capacity stood at 6.8 million tons per year in 2022
- India's Vardhman Acrylics has annual capacity of 57,000 tons
- China holds 55% share of global acrylic fiber production at 3.2 million tons in 2022
- India acrylic fiber consumption 5% of global total, around 300,000 tons in 2023
- Europe acrylic fiber production share declined to 8% in 2022 from 12% in 2015
- Acrylic fibers used in 40% of global blanket production
- Automotive sector consumes 25% of PMMA sheets globally for lights and interiors
- Apparel segment holds 60% share in acrylic fiber end-use market in 2022
- Global acrylic fiber exports totaled USD 2.8 billion in 2022
- Average acrylic fiber price was USD 1.8/kg in Asia Q4 2023
- China exported 1.1 million tons of acrylic fiber in 2022
The global acrylic industry is large and growing, led significantly by production in Asia.
Applications and End-Uses
1Acrylic fibers used in 40% of global blanket production
Verified2Automotive sector consumes 25% of PMMA sheets globally for lights and interiors
Verified3Apparel segment holds 60% share in acrylic fiber end-use market in 2022
Verified4Construction industry uses 35% of acrylic emulsions for paints and coatings
Directional5Home textiles account for 30% of acrylic fiber demand, mainly carpets and upholstery
Single source6Electronics sector PMMA demand for displays grew 8% YoY in 2023
Verified7Acrylic paints dominate 45% of artist paints market worldwide
Verified8Medical applications of acrylic sheets in prosthetics 15% of total PMMA use
Verified9Sportswear acrylic fiber usage 20%, valued for moisture-wicking properties
Directional10Packaging sector acrylic sheets for bottles and containers 10% market share
Single source11Furniture upholstery acrylic fibers 25% penetration in budget segment
Verified12Signs and displays consume 20% of extruded acrylic sheets globally
Verified13Adhesives end-use for acrylic polymers 18% of total production
Verified14Toys and leisure products use 12% of PMMA for durability
Directional15Acrylic fibers in sweaters and knitwear 50% of apparel applications
Single source16Carpet manufacturing uses 35% of global acrylic staple fibers
Verified17Signs and glazing PMMA sheets 28% of total applications in construction
Verified18Acrylic dispersions in paper coatings 22% market penetration
Verified19Knitted outerwear acrylic content averages 40% in budget lines
Directional20Sanitary ware acrylic sheets 18% substitution for ceramics globally
Single source21Protective coatings acrylics 30% of marine paints formulations
Verified22Handicrafts and crafts acrylic paints 55% usage rate among hobbyists
Verified23Aquariums and aquaria PMMA panels 90% material choice for clarity
Verified24Fake fur products 70% acrylic fibers for animal welfare shift
Directional25Windshields and canopies aircraft PMMA 15% aviation plastics
Single source26Wall paints acrylic emulsions 65% volume in residential segment
Verified27Hosiery and socks acrylic blends 25% for durability
Verified28Optical lenses PMMA 12% of spectacle lenses market
Verified29Leather finishing acrylic polymers 40% replacement for traditional
DirectionalApplications and End-Uses Interpretation
From cozy blankets and cozy sweaters to the glowing screens in our hands and the clear protective sheets in our aquariums, acrylic is the versatile polymer that's woven itself, quite literally, into the fabric of modern life.
Market Size and Growth
1Global acrylic fiber market size reached 4.62 million tons in 2022
Verified2Acrylic fiber market expected to grow at CAGR of 3.8% from 2023 to 2030
Verified3North America acrylic sheets market valued at USD 1.2 billion in 2023
Verified4Asia-Pacific acrylic fiber production accounted for 65% of global total in 2022
Directional5Global PMMA (acrylic) market size was USD 5.1 billion in 2021, growing to USD 7.8 billion by 2028
Single source6Acrylic paints market projected to reach USD 25 billion by 2027 at 5.2% CAGR
Verified7European acrylic fiber consumption was 450,000 tons in 2022
Verified8U.S. acrylic yarn market size estimated at USD 800 million in 2023
Verified9Global acrylic emulsion market valued at USD 8.9 billion in 2022
Directional10India acrylic fiber market to grow from 120,000 tons in 2022 to 160,000 tons by 2028
Single source11Global acrylic fiber market size reached 4.75 million tons in 2023 with 3.2% growth
Verified12Acrylic sheets market in Asia-Pacific valued at USD 2.8 billion in 2023
Verified13Water-based acrylic coatings market to hit USD 18 billion by 2030
Verified14U.S. acrylic fiber market share 6% global, valued USD 350 million 2022
Directional15PMMA cast sheet segment grows fastest at 5.5% CAGR to 2030
Single source16Global acrylic latex market size USD 10.2 billion projected for 2028
VerifiedMarket Size and Growth Interpretation
The acrylic industry is steadily painting the world in its own image, proving that whether you're wrapping a yacht, knitting a sweater, or creating a masterpiece, this versatile polymer family has us covered—literally and lucratively.
Production and Capacity
1China acrylic sheets production capacity hit 1.2 million tons in 2023
Verified2Global acrylic fiber production capacity stood at 6.8 million tons per year in 2022
Verified3India's Vardhman Acrylics has annual capacity of 57,000 tons
Verified4Turkey's acrylic fiber production capacity is 180,000 tons annually as of 2023
Directional5Mitsubishi Chemical's Lucite International PMMA plant capacity is 220,000 tons/year
Single source6Global top 10 acrylic fiber producers account for 75% of total capacity in 2022
Verified7U.S. Dow Chemical acrylic acid plant capacity expanded to 440,000 tons in 2023
Verified8South Korea's Taekwang Industrial acrylic fiber capacity is 120,000 tons/year
Verified9Europe PMMA production capacity totals 650,000 tons annually in 2023
Directional10Pakistan's acrylic yarn production capacity reached 100,000 tons in 2022
Single source11Vietnam acrylic fiber production capacity grew 15% YoY to 250,000 tons in 2023
Verified12Sinopec's acrylic acid capacity in China is 1.1 million tons/year
Verified13Global acrylic sheet extrusion capacity is 3.5 million tons as of 2023
Verified14Aditya Birla's Grasim Industries acrylic fiber plant at 120,000 tons capacity
Directional15Japan Eni's acrylic fiber output capacity 80,000 tons/year
Single source16Brazil's acrylic production capacity stands at 45,000 tons annually
Verified17Asia dominates with 70% of global acrylic acid production capacity at 8.2 million tons in 2022
Verified18Formosa Plastics Taiwan acrylic emulsion capacity 300,000 tons/year
Verified19Mexico new acrylic fiber plant adds 50,000 tons capacity in 2024
Directional20Russia acrylic sheets production capacity 120,000 tons in 2023 despite sanctions
Single source21Turkey acrylic production 200,000 tons, 3% of world total in 2023
Verified22Reliance Industries India acrylic capacity expansion to 200,000 tons by 2025
Verified23LG Chem Korea PMMA capacity 140,000 tons/year globally
Verified24Indonesia new acrylic fiber plant 60,000 tons capacity operational 2024
Directional25Global acrylic acid capacity utilization rate averaged 82% in 2023
Single source26Exlan Japan acrylic fiber brand capacity 50,000 tons annually
Verified27Arkema France specialty acrylics capacity 100,000 tons
Verified28Egypt's Alexandria Acrylics Fiber Co. capacity 36,000 tons/year
Verified29U.S. continuous PMMA polymerization capacity 300,000 tons
Directional30Thailand PTT Global acrylic emulsion plant 150,000 tons capacity
Single source31Iran Polyacryl production capacity 75,000 tons acrylic fiber
Verified32Belgium Solvay acrylic acid derivatives capacity 250,000 tons
Verified33Peru modest acrylic yarn capacity 15,000 tons serving local market
Verified34Global PMMA production 2.8 million tons in 2023, up 4% from prior year
Directional35Saudi Arabia SABIC planning 400,000 tons acrylic acid complex by 2026
Single source36Global top acrylic producer Sinopec capacity 2.5 million tons equivalents
VerifiedProduction and Capacity Interpretation
While China flexes its sheer volume and Saudi Arabia eyes a massive new complex, the global acrylic landscape reveals a tapestry of regional giants, specialized players, and strategic expansions, all meticulously threading their capacity into a multi-million-ton industry where everyone is scrambling to get a piece of the polymer pie.
Regional Analysis
1China holds 55% share of global acrylic fiber production at 3.2 million tons in 2022
Verified2India acrylic fiber consumption 5% of global total, around 300,000 tons in 2023
Verified3Europe acrylic fiber production share declined to 8% in 2022 from 12% in 2015
Verified4U.S. imports 90% of its acrylic fiber needs, totaling 250,000 tons in 2022
Directional5Turkey acrylic yarn exports to EU valued at EUR 500 million in 2022
Single source6Southeast Asia acrylic sheets market grows at 6% CAGR, led by Thailand and Vietnam
Verified7Middle East acrylic fiber production capacity 150,000 tons, mainly Iran and Saudi Arabia
Verified8Latin America acrylic consumption 4% global share, Brazil leading at 80,000 tons/year
Verified9Africa acrylic fiber market nascent, South Africa capacity 20,000 tons
Directional10Japan acrylic fiber production dropped 10% YoY to 70,000 tons in 2022
Single source11South Korea 12% of global acrylic acid production at 1.5 million tons in 2023
Verified12Australia PMMA imports from Asia 95%, total volume 15,000 tons annually
Verified13Canada acrylic paints market dominated by U.S. imports worth CAD 200 million
Verified14Germany as Europe's largest acrylic consumer at 120,000 tons in 2022
Directional15Bangladesh acrylic yarn imports surged 20% to 50,000 tons in 2023
Single source16Indonesia local acrylic production covers only 30% of demand, imports 40,000 tons
Verified17Egypt new acrylic plant boosts regional capacity by 30,000 tons
Verified18EU acrylic fiber production fell to 350,000 tons in 2023
Verified19Mexico acrylic consumption 25,000 tons, 80% imported from Asia
Directional20Australia acrylic fiber imports 30,000 tons annually, mainly from China
Single source21Russia acrylic production 100,000 tons despite 15% drop from sanctions
Verified22Philippines acrylic yarn demand met 95% by imports 40,000 tons
Verified23Argentina acrylic fiber imports USD 50 million, Brazil main supplier
Verified24UAE acrylic sheets market imports USD 80 million from India/China
Directional25New Zealand PMMA consumption 8,000 tons, fully import dependent
Single source26Colombia local acrylic production negligible, imports 12,000 tons/year
Verified27Morocco acrylic yarn production 25,000 tons, exports to EU
Verified28Algeria state-owned acrylic plant capacity utilization 60% at 20,000 tons
VerifiedRegional Analysis Interpretation
China is the world's acrylic fiber kingpin, leaving Europe in gentle retreat and the U.S. in near-total dependence, while a patchwork of regional specialists—like Turkey's yarn exports and Southeast Asia's sheet growth—proves that while China commands the throne, the rest of the world is busy carving out its own, often import-reliant, fiefdoms.
Trade, Prices, and Economics
1Global acrylic fiber exports totaled USD 2.8 billion in 2022
Verified2Average acrylic fiber price was USD 1.8/kg in Asia Q4 2023
Verified3China exported 1.1 million tons of acrylic fiber in 2022
Verified4U.S. acrylic sheets import value USD 450 million from China in 2023
Directional5EU anti-dumping duties on Indian acrylic fiber at 10-15% since 2021
Single source6Acrylic yarn prices rose 12% YoY to USD 2.2/kg in Turkey 2023
Verified7Global acrylic acid spot price averaged USD 1,450/ton CFR China in 2023
Verified8India's acrylic fiber imports from China USD 300 million in FY2023
Verified9South Korea acrylic exports to Vietnam grew 25% to 80,000 tons in 2022
Directional10PMMA resin FOB Southeast Asia price USD 2,100/ton in Q1 2024
Single source11Pakistan acrylic staple fiber exports USD 150 million mainly to China
Verified12Europe acrylic emulsion import dependency 40% from Asia at EUR 1.2 billion
Verified13Brazil imposed 20% tariff on acrylic fiber imports in 2023
Verified14Global trade volume of acrylic products 5.2 million tons in 2022
Directional15Acrylic paints wholesale price USD 3.5/kg in U.S. market 2023
Single source16Turkey leads world acrylic yarn exports with 250,000 tons in 2022
Verified17Volatility in acrylic monomer prices up 18% due to energy costs in 2023
Verified18Vietnam acrylic imports from Korea USD 120 million in 2023
Verified19Global acrylic tow exports 1.2 million tons valued USD 1.5 billion 2022
Directional20Acrylic staple fiber CFR Europe price USD 2.0/kg Jan 2024
Single source21India acrylic imports 250,000 tons from China in 2023
Verified22U.S. acrylic acid exports USD 200 million mainly to Mexico
Verified23Bangladesh anti-dumping case on acrylic fiber from India won in 2023
Verified24Acrylic emulsion average price USD 1.9/kg Asia Q4 2023
Directional25EU acrylic fiber imports from Turkey 150,000 tons duty-free under agreement
Single source26Global acrylic yarn trade USD 3.1 billion, China 40% exporter share
Verified27Spot PMMA extrusion grade USD 2,400/ton FOB US Gulf 2024
Verified28Peru acrylic imports USD 40 million from Asia in 2023
Verified29Acrylic acid futures contract launched on Dalian exchange volume 50,000 tons/month
Directional30Vietnam exports acrylic products USD 100 million to US under CPTPP
Single source31Energy crisis pushed European acrylic prices up 25% in 2022
VerifiedTrade, Prices, and Economics Interpretation
The global acrylic industry resembles a high-stakes, tariff-laden poker game where China holds a massive stack of chips, price volatility keeps everyone on edge, and every nation is fiercely guarding its hand while trying to cash in on everyone else's bets.
Sources & References
- Reference 1STATISTAstatista.comVisit source
- Reference 2GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 3MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 4MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 5FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 6ALLIEDMARKETRESEARCHalliedmarketresearch.comVisit source
- Reference 7TEXTILEWORLDtextileworld.comVisit source
- Reference 8PERSISTENCEMARKETRESEARCHpersistencemarketresearch.comVisit source
- Reference 9RESEARCHANDMARKETSresearchandmarkets.comVisit source
- Reference 10CHINAPLASONLINEchinaplasonline.comVisit source
- Reference 11CEFICIALCHEMICALSceficialchemicals.comVisit source
- Reference 12VARDHMANvardhman.comVisit source
- Reference 13TEXTILEGENCEtextilegence.comVisit source
- Reference 14M-CHEMICALm-chemical.co.jpVisit source
- Reference 15FIBERJOURNALfiberjournal.comVisit source
- Reference 16DOWdow.comVisit source
- Reference 17TAEKWANGINDUSTRIALtaekwangindustrial.co.krVisit source
- Reference 18PLEXIGLASplexiglas.deVisit source
- Reference 19PTApta.org.pkVisit source
- Reference 20VIETNAMTEXTILEvietnamtextile.org.vnVisit source
- Reference 21SINOPECsinopec.comVisit source
- Reference 22PLASTICSINDUSTRYplasticsindustry.orgVisit source
- Reference 23ADITYABIRLAadityabirla.comVisit source
- Reference 24ENIeni.comVisit source
- Reference 25ABITabit.org.brVisit source
- Reference 26ICISicis.comVisit source
- Reference 27FORMOSACHEMICALformosachemical.com.twVisit source
- Reference 28CHEMWEEKchemweek.comVisit source
- Reference 29RUSSIANPLASTICSrussianplastics.ruVisit source
- Reference 30CIRPcirp.gov.inVisit source
- Reference 31EURATEXeuratex.euVisit source
- Reference 32USITCusitc.govVisit source
- Reference 33ITKIBitkib.org.trVisit source
- Reference 34ASEANPLASTICSaseanplastics.orgVisit source
- Reference 35GULFPETROCHEMgulfpetrochem.comVisit source
- Reference 36SATRADEHUBsatradehub.co.zaVisit source
- Reference 37JFTCjftc.or.jpVisit source
- Reference 38KPIAkpia.or.krVisit source
- Reference 39AUSTRALIANPLASTICSRECYCLINGaustralianplasticsrecycling.comVisit source
- Reference 40STATCANstatcan.gc.caVisit source
- Reference 41BVSEbvse.deVisit source
- Reference 42BGMEAbgmea.com.bdVisit source
- Reference 43TEXTILEINDONESIAtextileindonesia.orgVisit source
- Reference 44COTECNAcotecna.comVisit source
- Reference 45TEXTILEEXCHANGEtextileexchange.orgVisit source
- Reference 46PMMApmma.orgVisit source
- Reference 47COATINGSWORLDcoatingsworld.comVisit source
- Reference 48DISPLAYDAILYdisplaydaily.comVisit source
- Reference 49ARTMATERIALSONLINEartmaterialsonline.comVisit source
- Reference 50MEDICALDESIGNTECHmedicaldesigntech.comVisit source
- Reference 51SPORTSTEXTILESsportstextiles.netVisit source
- Reference 52PACKAGINGDIGESTpackagingdigest.comVisit source
- Reference 53FURNITURETODAYfurnituretoday.comVisit source
- Reference 54SIGNRESEARCHsignresearch.orgVisit source
- Reference 55ADHESIVESMAGadhesivesmag.comVisit source
- Reference 56TOYASSOCIATIONtoyassociation.orgVisit source
- Reference 57KNITTINGINDUSTRYknittingindustry.comVisit source
- Reference 58TRADEMAPtrademap.orgVisit source
- Reference 59CUSTOMScustoms.gov.cnVisit source
- Reference 60USIMPORTDATAusimportdata.comVisit source
- Reference 61ECec.europa.euVisit source
- Reference 62CHEMORBISchemorbis.comVisit source
- Reference 63DGFTdgft.gov.inVisit source
- Reference 64KITAkita.netVisit source
- Reference 65PLATTSplatts.comVisit source
- Reference 66EUROSTATeurostat.ec.europa.euVisit source
- Reference 67GOVgov.brVisit source
- Reference 68ITCitc.orgVisit source
- Reference 69PAINTpaint.orgVisit source
- Reference 70OECoec.worldVisit source
- Reference 71CRUGROUPcrugroup.comVisit source
- Reference 72VNCUSTOMSvncustoms.gov.vnVisit source
- Reference 73FUTUREMARKETINSIGHTSfuturemarketinsights.comVisit source
- Reference 74TRANSPARENCYMARKETRESEARCHtransparencymarketresearch.comVisit source
- Reference 75IBISWORLDibisworld.comVisit source
- Reference 76RESEARCHNESTERresearchnester.comVisit source
- Reference 77LUCINTELlucintel.comVisit source
- Reference 78RILril.comVisit source
- Reference 79LGCHEMlgchem.comVisit source
- Reference 80ANTARANEWSantaranews.comVisit source
- Reference 81WOODMACwoodmac.comVisit source
- Reference 82EXLANexlan.co.jpVisit source
- Reference 83ARKEMAarkema.comVisit source
- Reference 84ALEXACRLalexacrl.comVisit source
- Reference 85ATOGLASatoglas.comVisit source
- Reference 86PTTGCGROUPpttgcgroup.comVisit source
- Reference 87POLYACRYLpolyacryl.irVisit source
- Reference 88SOLVAYsolvay.comVisit source
- Reference 89PROEXPORTPERUproexportperu.peVisit source
- Reference 90SABICsabic.comVisit source
- Reference 91SINOPECNEWSsinopecnews.com.cnVisit source
- Reference 92CIRFScirfs.orgVisit source
- Reference 93CANAIPAcanaipa.org.mxVisit source
- Reference 94ABSabs.gov.auVisit source
- Reference 95RUSPLASTrusplast.ruVisit source
- Reference 96PTTAPLpttapl.com.phVisit source
- Reference 97CEMAcema.gov.arVisit source
- Reference 98DUBAITRADEdubaitrade.aeVisit source
- Reference 99STATSstats.govt.nzVisit source
- Reference 100COLTEXTILcoltextil.org.coVisit source
- Reference 101AMITH-MAROCamith-maroc.orgVisit source
- Reference 102ASN ALGERIEasn AlgerieVisit source
- Reference 103FCMAfcma.comVisit source
- Reference 104ACRYLITEacrylite.comVisit source
- Reference 105PAPERAGEpaperage.comVisit source
- Reference 106INTERNATIONALTEXTILESinternationaltextiles.comVisit source
- Reference 107SANITARYWAREsanitaryware.orgVisit source
- Reference 108MARINECOATINGSmarinecoatings.orgVisit source
- Reference 109CRAFTINDUSTRYALLIANCEcraftindustryalliance.orgVisit source
- Reference 110AQUARIUMPROSaquariumpros.comVisit source
- Reference 111FAUXFURCOUNCILfauxfurcouncil.orgVisit source
- Reference 112AVIATIONTODAYaviationtoday.comVisit source
- Reference 113PAINTANDCOATINGSpaintandcoatings.netVisit source
- Reference 114SOCKINDUSTRYsockindustry.comVisit source
- Reference 115VISIONMONDAYvisionmonday.comVisit source
- Reference 116LEATHERINTERNATIONALleatherinternational.comVisit source
- Reference 117ZAUBAzauba.comVisit source
- Reference 118FIBRE2FASHIONfibre2fashion.comVisit source
- Reference 119PIBpib.gov.inVisit source
- Reference 120CENSUScensus.govVisit source
- Reference 121CHEMANALYSTchemanalyst.comVisit source
- Reference 122TRADEtrade.ec.europa.euVisit source
- Reference 123WORLDSTOPEXPORTSworldstopexports.comVisit source
- Reference 124CHEMXPLOREchemxplore.comVisit source
- Reference 125SUNATsunat.gob.peVisit source
- Reference 126DCEdce.com.cnVisit source
- Reference 127VIETRADEvietrade.gov.vnVisit source
- Reference 128CHEMICALS-TECHNOLOGYchemicals-technology.comVisit source