| Product Code: ETC310947 | 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 polymer market, the import trend showed a growth rate of 2.35% from 2023 to 2024, with a compound annual growth rate (CAGR) of 1.61% for the period of 2020-2024. This indicates a steady but moderate increase in import momentum, likely influenced by evolving demand patterns or market stability during the period.
By 2027, Singapore's Acrylic Polymer market is forecasted to achieve a stable growth rate of 2.36%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

The Singapore Acrylic Polymer market is poised for expansion due to its versatile applications in industries such as paints and coatings, adhesives, and textiles. Acrylic polymers are known for their durability and weather resistance, making them valuable in a tropical climate like Singapore. The country`s well-established chemical manufacturing sector and strategic location for regional trade make it an ideal hub for acrylic polymer production and distribution. As industries continue to grow and prioritize sustainability, the market for eco-friendly acrylic polymers is likely to see increased demand. Market players should invest in research and development to meet evolving industry requirements and seize opportunities for growth.
The Singapore acrylic polymer market is thriving thanks to its diverse applications across various industries. Acrylic polymers find extensive use in paints, adhesives, coatings, and textiles due to their excellent durability, weather resistance, and adhesion properties. As Singapore continues to witness industrial expansion, the demand for acrylic polymers rises correspondingly. Moreover, the eco-friendly nature of acrylic polymers aligns with the global trend of sustainability, which further boosts their adoption in the market.
The acrylic polymer market in Singapore faces various challenges. The market is influenced by the petrochemical industry, making it susceptible to feedstock price fluctuations and supply disruptions. Meeting environmental regulations and sustainability goals requires investments in eco-friendly production processes. Competition from other polymer types and alternative materials can impact market share. Additionally, the market must address evolving customer needs, such as lightweight and high-performance materials, to remain competitive in various industries.
The COVID-19 pandemic had a multifaceted impact on the Singapore Acrylic Polymer market. While sectors like automotive and construction faced setbacks, there was an increased demand for acrylic polymers in healthcare applications, including the production of personal protective equipment (PPE) and medical devices. The market also benefited from the surge in demand for hand sanitizers and disinfectants, which contain acrylic polymers. As the pandemic highlighted the versatility of acrylic polymers, the market is expected to witness continued growth in various industries in the post-pandemic era.
Leading players in the Singapore acrylic polymer market include BASF SE, Dow Chemical Company, Arkema Group, Evonik Industries, and Mitsui Chemicals. These companies are renowned for their production of acrylic polymers used in various 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 Polymer Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Acrylic Polymer Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Acrylic Polymer Market - Industry Life Cycle |
3.4 Singapore Acrylic Polymer Market - Porter's Five Forces |
3.5 Singapore Acrylic Polymer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Acrylic Polymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Acrylic Polymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for acrylic polymers in various industries such as construction, automotive, and electronics |
4.2.2 Growing focus on eco-friendly and sustainable products, leading to a shift towards water-based acrylic polymers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of acrylic polymers |
4.3.2 Stringent environmental regulations and policies affecting the manufacturing and usage of acrylic polymers |
5 Singapore Acrylic Polymer Market Trends |
6 Singapore Acrylic Polymer Market, By Types |
6.1 Singapore Acrylic Polymer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Acrylic Polymer Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Acrylic Polymer Market Revenues & Volume, By Water-borne, 2021-2031F |
6.1.4 Singapore Acrylic Polymer Market Revenues & Volume, By Solvent-borne, 2021-2031F |
6.2 Singapore Acrylic Polymer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Acrylic Polymer Market Revenues & Volume, By Laundry & Detergent, 2021-2031F |
6.2.3 Singapore Acrylic Polymer Market Revenues & Volume, By Dish Washing, 2021-2031F |
6.2.4 Singapore Acrylic Polymer Market Revenues & Volume, By Industrial & Institutional, 2021-2031F |
6.2.5 Singapore Acrylic Polymer Market Revenues & Volume, By Hard Surface Cleaning, 2021-2031F |
6.2.6 Singapore Acrylic Polymer Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Acrylic Polymer Market Import-Export Trade Statistics |
7.1 Singapore Acrylic Polymer Market Export to Major Countries |
7.2 Singapore Acrylic Polymer Market Imports from Major Countries |
8 Singapore Acrylic Polymer Market Key Performance Indicators |
8.1 Research and development investment in new acrylic polymer technologies |
8.2 Adoption rate of water-based acrylic polymers in key industries |
8.3 Number of new product launches in the acrylic polymer market |
8.4 Percentage of market share held by eco-friendly acrylic polymer products |
9 Singapore Acrylic Polymer Market - Opportunity Assessment |
9.1 Singapore Acrylic Polymer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Acrylic Polymer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Acrylic Polymer Market - Competitive Landscape |
10.1 Singapore Acrylic Polymer Market Revenue Share, By Companies, 2024 |
10.2 Singapore Acrylic Polymer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |