Singapore - Country Commercial Guide
Environmental Technologies (POL)

This is a best prospect industry sector for this country. Includes a market overview and trade data.

Last published date: 2020-09-16

Overview

Due to climate change and pollution factors, the Government of Singapore and many companies here strive to find and adopt environmentally friendly services and solutions.  Singapore is committed to developing its clean energy sector, particularly in its solar energy capabilities, given the country’s location in the tropical sunbelt and strong semiconductor manufacturing and innovation base.  Other important growth areas for the city-state are smart grids, green buildings and energy efficiency.

Faced with the challenge of water scarcity, Singapore has been motivated to constantly innovate and develop new water management and treatment technologies such as water reclamation and seawater desalination.  Over the last four decades, Singapore has established a sustainable water supply from diversified sources known as the Four National Taps – water from local catchment areas, imported water, reclaimed water (NEWater) and desalinated water.  Alongside these developments, an innovative environment and water industry has flourished.

Beyond water, Singapore is also nurturing the environment industry which includes environmental consultancy, waste management and pollution control.

 

2017

2018

2019

2020 (Estimated)

Total Local Production

20,139

18,931

18,980

15,988

Total Exports

8,910

9,382

9,847

8,271

Total Imports

8,599

9,380

10,205

8,572

Imports from the US

1,758

1,988

2,010

1,688

Total Market Size

19,828

18,929

19,338

16,289

Exchange Rates

1.34

1.36

1.34

1.39

$US millions (total market size = (total local production + imports) - exports)

Data Sources: Singapore Government Trade Statistics

Leading Sub-Sectors

Singapore’s Green Plan incorporates program for reduction of waste volumes through waste minimization and recycling, stricter emission standards, and tougher vehicular emission controls.  The Singapore Government has committed to upgrading and building environmental infrastructure projects over the next decade.  Related products from the U.S. will have excellent market prospects, given that imports of environmental products from the U.S. accounts for over 19% of the total imports.

Opportunities

Water technologies offer great opportunities in Singapore.  The national water agency, the Public Utilities Board (PUB), has been expanding the water infrastructure over the years and is still forging ahead with further developments.

The PUB constantly invites private developers to bid on water projects via public tenders.  Successful contractors are usually required to design, build and operate the water plants.  U.S. companies are encouraged to participate in future tenders offered by the PUB.  American manufacturers could also supply their equipment to successful prime contractors of PUB projects.  The areas of interest include filtering and purifying machinery and apparatus, technologies involving wastewater recycling and treatment, and desalination technologies.

Web Resources

Trade Shows

Singapore International Energy Week

October 26-30, 2020

Clean Enviro Summit Singapore

June 20-24, 2021

World Cities Summit

June 20-24, 2021

Singapore International Water Week

June 20-24, 2021

BEX Asia

September 8-10, 2021

Singapore Government Offices

Ministry of Sustainability and Environment

Energy Market Authority

Building and Construction Authority

 

U.S. Commercial Service, Singapore Contact

Ng Haw Cheng, Commercial Specialist

Email: Hawcheng.Ng@trade.gov