| Product Code: ETC236907 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Singapore acrylic fiber market, the import trend exhibited notable growth from 2023 to 2024, with a growth rate of 30.77%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 20.74%. This upward momentum in imports can be attributed to increased demand for acrylic fiber products in the domestic market, reflecting a positive shift in consumer preferences and industrial requirements.
In the Asia region, the Acrylic Fiber market in Singapore is projected to expand at a stable growth rate of 0.01% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Acrylic fiber has found its place in the Singapore market due to its affordability, durability, and easy care. While it might not match the luxury of natural fibers, acrylic is favored for its versatility and vibrant colors. The market`s growth depends on the demand for cost-effective and low-maintenance textiles. Businesses that focus on quality acrylic blends and innovative designs can cater to a wide range of consumers.
The Singapore acrylic fiber market thrives on the versatile nature of acrylic fibers. These fibers are highly valued for their exceptional thermal properties, lightweight characteristics, and resistance to fading and wrinkles. As industries such as textiles, fashion, and home furnishings seek cost-effective yet high-performance materials, acrylic fibers become a preferred choice. Moreover, the rapid growth of the construction and automotive sectors in Singapore has led to an increased demand for acrylic fibers in applications such as upholstery and interior materials. The market is also positively influenced by Singapore strong manufacturing base and export capabilities.
The Acrylic Fiber market in Singapore faces challenges related to competition from natural and sustainable fibers. Acrylic fibers are synthetic and may be perceived as less environmentally friendly. Consumer demand for sustainable and eco-friendly products is on the rise, posing a threat to the market. Maintaining cost competitiveness and addressing sustainability concerns are key challenges.
The Singapore acrylic fiber market encountered a mixed impact due to the COVID-19 pandemic. While the market faced reduced demand for acrylic fibers used in non-essential applications like fashion and home textiles, there was increased demand in medical textiles and personal protective equipment (PPE). The market adapted to meet the growing need for PPE materials, but challenges in the supply chain and changing market dynamics persisted. As the situation stabilizes, the market is expected to evolve to accommodate new demands and supply chain adjustments.
In the Singapore acrylic fiber market, notable players include Aditya Birla Group and Toray Industries. They are known for manufacturing acrylic fibers used in various textile and industrial applications.
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 Singapore Acrylic Fiber Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Acrylic Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Acrylic Fiber Market - Industry Life Cycle |
3.4 Singapore Acrylic Fiber Market - Porter's Five Forces |
3.5 Singapore Acrylic Fiber Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Singapore Acrylic Fiber Market Revenues & Volume Share, By Blending, 2021 & 2031F |
3.7 Singapore Acrylic Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Acrylic Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly fibers in various industries |
4.2.2 Growth in the textile and apparel sector in Singapore |
4.2.3 Rising awareness about the benefits of acrylic fiber in terms of durability and versatility |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative synthetic fibers like polyester and nylon in the market |
4.3.3 Regulations and policies influencing the production and consumption of acrylic fiber |
5 Singapore Acrylic Fiber Market Trends |
6 Singapore Acrylic Fiber Market, By Types |
6.1 Singapore Acrylic Fiber Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Singapore Acrylic Fiber Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Singapore Acrylic Fiber Market Revenues & Volume, By Staple, 2021-2031F |
6.1.4 Singapore Acrylic Fiber Market Revenues & Volume, By Filament, 2021-2031F |
6.2 Singapore Acrylic Fiber Market, By Blending |
6.2.1 Overview and Analysis |
6.2.2 Singapore Acrylic Fiber Market Revenues & Volume, By Wool, 2021-2031F |
6.2.3 Singapore Acrylic Fiber Market Revenues & Volume, By Cotton, 2021-2031F |
6.2.4 Singapore Acrylic Fiber Market Revenues & Volume, By Other Blendings, 2021-2031F |
6.3 Singapore Acrylic Fiber Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Acrylic Fiber Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.3 Singapore Acrylic Fiber Market Revenues & Volume, By Household Furnishing, 2021-2031F |
6.3.4 Singapore Acrylic Fiber Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Singapore Acrylic Fiber Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Singapore Acrylic Fiber Market Import-Export Trade Statistics |
7.1 Singapore Acrylic Fiber Market Export to Major Countries |
7.2 Singapore Acrylic Fiber Market Imports from Major Countries |
8 Singapore Acrylic Fiber Market Key Performance Indicators |
8.1 Percentage of recycled content in acrylic fiber production |
8.2 Adoption rate of acrylic fiber in emerging applications such as outdoor textiles or industrial materials |
8.3 Rate of innovation and development of new acrylic fiber blends with enhanced properties |
9 Singapore Acrylic Fiber Market - Opportunity Assessment |
9.1 Singapore Acrylic Fiber Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Singapore Acrylic Fiber Market Opportunity Assessment, By Blending, 2021 & 2031F |
9.3 Singapore Acrylic Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Acrylic Fiber Market - Competitive Landscape |
10.1 Singapore Acrylic Fiber Market Revenue Share, By Companies, 2024 |
10.2 Singapore Acrylic Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |