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China's Acrylic Fiber Industry H1 2025: Navigating Volatility with Innovation

China's Acrylic Fiber Industry H1 2025: Navigating Volatility with Innovation

2025-08-29
Key Developments and Trends:
  1. Supply-Demand Dynamics & Trade:
    • The industry maintained a fragile supply-demand balance.
    • The supply-demand gap narrowed significantly to 7,000 tons, indicating a deepening process of import substitution.
    • A major shift occurred in foreign trade, with imports falling and exports rising, achieving a historic net export reversal in 2024. This highlights the enhanced global competitiveness of domestic products, especially in high-end sectors like technical outdoor fabrics and flame-retardant fibers.
  2. Price Volatility & Market Conditions:
    • The market experienced significant price fluctuations.
    • Key influencing factors included volatile crude oil prices (impacted by geopolitics like the Iran-Israel conflict), production uncertainties from major manufacturers like Jilin Chemical Fiber, and the global trade environment (e.g., US tariff negotiations).
    • Despite cost pressure from acrylonitrile, supply remained ample, and major producers showed strong willingness to stabilize prices.
  3. Corporate News & Production:
    • Jilin Chemical Fiber: The industry leader's production plans significantly influenced market prices. It achieved a 9.6% CAGR in revenue from 2020-2024.
    • Anqing Petrochemical: Made a breakthrough in stable mass production of flame-retardant acrylic fiber, with nearly 200 tons produced and high market demand.
    • Daqing Petrochemical: Showcased its innovative DGF functional fiber (featuring far-infrared heating, antibacterial, and UV-resistant properties) at a trade fair, representing an upgrade for conventional acrylics.
  4. Innovation & Product Development:
    • The industry focused on differentiated, high-value-added products:

      • Anti-pilling Acrylic: Modified fibers addressed a key weakness of standard acrylic. Testing showed certain types (e.g., dry-spun from Jilin/Germany) offered superior break strength and crimp properties.
      • Flame-Retardant Acrylic: Anqing Petrochemical solved production challenges using the sodium thiocyanate process.
      • Functional Fibers: Products like Daqing's DGF fiber demonstrate acrylic's potential in high-tech, high-value applications.
  5. Summary & Outlook:
    • The first half of 2025 presented a complex yet promising picture for China's acrylic fiber industry regarding balance, prices, corporate performance, and innovation.
    • The industry is shifting from extensive expansion to refined operations and high-quality development.
    • Future focus will be on green, low-carbon technologies (e.g., bio-based acrylonitrile, recycling) and collaborative innovation across the supply chain to develop high-performance products (e.g., ultra-fine denier flame-retardant fibers, conductive smart fibers) for new applications like new energy vehicle battery separators and wearable medical sensors.
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Blog Details
Created with Pixso. Home Created with Pixso. Blog Created with Pixso.

China's Acrylic Fiber Industry H1 2025: Navigating Volatility with Innovation

China's Acrylic Fiber Industry H1 2025: Navigating Volatility with Innovation

Key Developments and Trends:
  1. Supply-Demand Dynamics & Trade:
    • The industry maintained a fragile supply-demand balance.
    • The supply-demand gap narrowed significantly to 7,000 tons, indicating a deepening process of import substitution.
    • A major shift occurred in foreign trade, with imports falling and exports rising, achieving a historic net export reversal in 2024. This highlights the enhanced global competitiveness of domestic products, especially in high-end sectors like technical outdoor fabrics and flame-retardant fibers.
  2. Price Volatility & Market Conditions:
    • The market experienced significant price fluctuations.
    • Key influencing factors included volatile crude oil prices (impacted by geopolitics like the Iran-Israel conflict), production uncertainties from major manufacturers like Jilin Chemical Fiber, and the global trade environment (e.g., US tariff negotiations).
    • Despite cost pressure from acrylonitrile, supply remained ample, and major producers showed strong willingness to stabilize prices.
  3. Corporate News & Production:
    • Jilin Chemical Fiber: The industry leader's production plans significantly influenced market prices. It achieved a 9.6% CAGR in revenue from 2020-2024.
    • Anqing Petrochemical: Made a breakthrough in stable mass production of flame-retardant acrylic fiber, with nearly 200 tons produced and high market demand.
    • Daqing Petrochemical: Showcased its innovative DGF functional fiber (featuring far-infrared heating, antibacterial, and UV-resistant properties) at a trade fair, representing an upgrade for conventional acrylics.
  4. Innovation & Product Development:
    • The industry focused on differentiated, high-value-added products:

      • Anti-pilling Acrylic: Modified fibers addressed a key weakness of standard acrylic. Testing showed certain types (e.g., dry-spun from Jilin/Germany) offered superior break strength and crimp properties.
      • Flame-Retardant Acrylic: Anqing Petrochemical solved production challenges using the sodium thiocyanate process.
      • Functional Fibers: Products like Daqing's DGF fiber demonstrate acrylic's potential in high-tech, high-value applications.
  5. Summary & Outlook:
    • The first half of 2025 presented a complex yet promising picture for China's acrylic fiber industry regarding balance, prices, corporate performance, and innovation.
    • The industry is shifting from extensive expansion to refined operations and high-quality development.
    • Future focus will be on green, low-carbon technologies (e.g., bio-based acrylonitrile, recycling) and collaborative innovation across the supply chain to develop high-performance products (e.g., ultra-fine denier flame-retardant fibers, conductive smart fibers) for new applications like new energy vehicle battery separators and wearable medical sensors.