The import of amino-resins to China is projected to steadily rise from 362.59 million kilograms in 2024 to 397.09 million kilograms by 2028. This forecast indicates a year-on-year growth rate, with the import volume increasing approximately 2-3% annually in the period from 2024 to 2028. In comparison, the volume in 2023 was significantly lower, which suggests a positive upward trend in demand.
Future trends to watch for:
- The impact of China's industrial and construction sectors, as they constitute primary consumers of amino-resins.
- The influence of China's environmental regulations on the production and import of chemical products like amino-resins.
- Global supply chain developments that could affect import volumes or prices.
- Technological advancements in resin production which might alter dependency on imports.
