The import of petroleum resins, coumarone, indene, and polyterpenes to the US is projected to witness steady growth from 2024 through 2028, with a consistent year-on-year increase in volume. As per forecasts, the import volume will rise from approximately 71 million kilograms in 2024 to nearly 81 million kilograms by 2028. The compound annual growth rate (CAGR) across these five years is estimated to be positive, reflecting ongoing demand expansion.
In 2023, imports stood at a level that underscores a trend of increasing reliance on these materials, likely driven by industrial demands. Future considerations should include:
- Potential shifts in global supply chain dynamics affecting import volumes.
- Technological innovations or regulatory changes potentially altering production or import strategies.
- Economic factors impacting overall demand within relevant US industries.
