From 2013 to 2018, the import of epoxide resins to Singapore exhibited a declining trend with varied year-on-year changes, such as -33.65% in 2017 and -14.48% in 2018. This trend continued through 2022, with significant drops such as -23.62% in 2020 and -4.31% in 2022. The forecast data from 2023 onward show a continued downward trajectory with a projected 5-year CAGR of -13.33%, leading to a substantial overall decrease of 51.08% by 2028.
Future trends to watch include potential market shifts due to regulatory changes, technological advances in alternative materials, and fluctuations in global trade policies that could impact the import levels of epoxide resins to Singapore.
