| Product Code: ETC087886 | 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 |
The Singapore iodine market witnessed a notable decline in import momentum from 2023 to 2024, with a growth rate of -61.16%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at -64.29%. This significant downturn could be attributed to shifting demand dynamics or changes in trade policies impacting market stability.
In the Asia region, the Iodine market in Singapore is projected to expand at a growing growth rate of 7.84% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Iodine has applications in pharmaceuticals, agriculture, and the manufacturing of LCD screens and photographic chemicals. The Singapore iodine market is intricately linked to global demand for these products, especially in the healthcare and electronics sectors. Market outlook depends on factors such as advancements in iodine extraction methods, pharmaceutical trends, and technological shifts in electronics manufacturing. Businesses involved in iodine production and distribution should closely follow developments in these industries to navigate this competitive market.
The iodine market in Singapore is experiencing growth, driven by its crucial role in various industries. One of the significant drivers is the healthcare sector, where iodine is used in medical disinfectants and contrast agents for diagnostic imaging. The increasing emphasis on healthcare and medical research in Singapore contributes to the demand for iodine. Furthermore, iodine`s applications in the electronics industry for semiconductor production and as a component in LCD screens support its market growth. Singapore position as a technology and healthcare hub enhances the opportunities for the iodine market.
The iodine market in Singapore faces challenges related to limited domestic production and global supply dynamics. Singapore relies on imports for iodine, which can lead to vulnerability to geopolitical tensions and price fluctuations in iodine-rich countries. Furthermore, the demand for iodine is influenced by various factors, including the pharmaceutical, chemical, and electronics industries, which may experience shifts in demand patterns. Companies in the Singaporean iodine market need to carefully manage their supply chains and diversify their customer base to adapt to changing market conditions.
The Singapore Iodine market was affected by the pandemic as disruptions in global supply chains impacted iodine imports. The demand for iodine-based products, such as disinfectants and pharmaceuticals, surged during the health crisis. However, the supply chain constraints led to price fluctuations and challenges in meeting the increased demand. Companies in this sector had to adapt to changing market dynamics and focus on ensuring a stable supply. As the situation stabilizes, the market outlook is expected to improve.
The Singapore iodine market is expected to show gradual growth, with key players such as SQM (Sociedad Qu?mica y Minera de Chile), Iofina plc, and Ise Chemicals Corporation dominating the industry with their iodine production and distribution capabilities.
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 Iodine Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Iodine Market - Industry Life Cycle |
3.4 Singapore Iodine Market - Porter's Five Forces |
3.5 Singapore Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Singapore Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Singapore Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Iodine Market Trends |
6 Singapore Iodine Market, By Types |
6.1 Singapore Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Singapore Iodine Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Singapore Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.4 Singapore Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.5 Singapore Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.6 Singapore Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 Singapore Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Singapore Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 Singapore Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 Singapore Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 Singapore Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 Singapore Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Singapore Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 Singapore Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 Singapore Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Singapore Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 Singapore Iodine Market Revenues & Volume, By Others , 2021-2031F |
6.3.9 Singapore Iodine Market Revenues & Volume, By Others , 2021-2031F |
7 Singapore Iodine Market Import-Export Trade Statistics |
7.1 Singapore Iodine Market Export to Major Countries |
7.2 Singapore Iodine Market Imports from Major Countries |
8 Singapore Iodine Market Key Performance Indicators |
9 Singapore Iodine Market - Opportunity Assessment |
9.1 Singapore Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Singapore Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Singapore Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Iodine Market - Competitive Landscape |
10.1 Singapore Iodine Market Revenue Share, By Companies, 2024 |
10.2 Singapore Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |