| Product Code: ETC098566 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Singapore cellulose esters market, the import trend exhibited significant growth from 2023 to 2024, with a remarkable 677.45% increase. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 14.65%. This surge in import momentum can be attributed to shifting demand dynamics, possibly influenced by evolving market preferences or supply chain adjustments.
In the Asia region, the Cellulose Esters 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.

Cellulose esters are versatile compounds used in various applications, including coatings, films, and textiles. In Singapore, the cellulose esters market is driven by the demand for high-performance materials in industries such as electronics, packaging, and pharmaceuticals. The outlook for this market is influenced by technological advancements, as well as the increasing focus on sustainable and biodegradable materials. Manufacturers that can provide innovative cellulose ester solutions while addressing environmental concerns are likely to succeed in this market.
Cellulose esters are widely used in various industries, including pharmaceuticals, coatings, and plastics. Singapore growing industrial sector and its role as a manufacturing hub in the region are contributing to the expansion of the cellulose esters market. These versatile materials are used in applications such as film coatings, drug delivery systems, and packaging materials. The demand for cellulose esters in the pharmaceutical industry is particularly noteworthy due to their role in enhancing drug solubility and stability. As pharmaceutical manufacturing continues to thrive in Singapore, the cellulose esters market is expected to see sustained growth.
The cellulose esters market is expected to grow as these materials find applications in various industries, including coatings and plastics. Challenges may include the need for research and development to create innovative cellulose ester products and ensure compliance with quality standards.
The Singapore cellulose esters market saw its share of challenges during the COVID-19 pandemic. Disruptions in the supply chain, including the sourcing of raw materials, led to production delays and increased costs. Moreover, reduced industrial activities and cautious spending affected the demand for cellulose esters in various applications such as coatings, plastics, and pharmaceuticals. However, as economies reopen and industries rebound, the market is expected to regain momentum, especially in sectors requiring cellulose esters for their unique properties.
The cellulose esters market in Singapore is witnessing steady growth driven by applications in industries such as pharmaceuticals, food packaging, and coatings. The demand for sustainable and biodegradable materials is expected to further fuel market expansion. Prominent players include Eastman Chemical Company, Solvay, and Daicel.
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 Cellulose Esters Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Cellulose Esters Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Cellulose Esters Market - Industry Life Cycle |
3.4 Singapore Cellulose Esters Market - Porter's Five Forces |
3.5 Singapore Cellulose Esters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Cellulose Esters Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Singapore Cellulose Esters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Cellulose Esters Market Trends |
6 Singapore Cellulose Esters Market, By Types |
6.1 Singapore Cellulose Esters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Cellulose Esters Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Cellulose Esters Market Revenues & Volume, By Cellulose acetate, 2021-2031F |
6.1.4 Singapore Cellulose Esters Market Revenues & Volume, By Cellulose acetate propionate, 2021-2031F |
6.1.5 Singapore Cellulose Esters Market Revenues & Volume, By Cellulose acetate butyrate, 2021-2031F |
6.1.6 Singapore Cellulose Esters Market Revenues & Volume, By Cellulose nitrate, 2021-2031F |
6.1.7 Singapore Cellulose Esters Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Cellulose Esters Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Cellulose Esters Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.3 Singapore Cellulose Esters Market Revenues & Volume, By Films and tapes, 2021-2031F |
6.2.4 Singapore Cellulose Esters Market Revenues & Volume, By Cigarette filters, 2021-2031F |
6.2.5 Singapore Cellulose Esters Market Revenues & Volume, By Inks, 2021-2031F |
6.2.6 Singapore Cellulose Esters Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.2.7 Singapore Cellulose Esters Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Cellulose Esters Market Import-Export Trade Statistics |
7.1 Singapore Cellulose Esters Market Export to Major Countries |
7.2 Singapore Cellulose Esters Market Imports from Major Countries |
8 Singapore Cellulose Esters Market Key Performance Indicators |
9 Singapore Cellulose Esters Market - Opportunity Assessment |
9.1 Singapore Cellulose Esters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Cellulose Esters Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Singapore Cellulose Esters Market - Competitive Landscape |
10.1 Singapore Cellulose Esters Market Revenue Share, By Companies, 2024 |
10.2 Singapore Cellulose Esters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |