The import of alkyd resins to China is projected to decline steadily from 2024 onwards. After standing at 17.292 million USD in 2024, the value is anticipated to drop year-over-year by 8.1% to 15.886 million USD in 2025, 8.7% to 14.509 million USD in 2026, 9.3% to 13.159 million USD in 2027, and 10.0% to 11.836 million USD in 2028. This marks a consistent downward trend with a compound annual growth rate (CAGR) of -9.0% from 2024 to 2028.
Future trends to watch for: • Shifts in domestic production capabilities for alkyd resins in China. • Changes in environmental regulations impacting resin imports. • Innovations and demand fluctuations in industries using alkyd resins.