In 2023, the import of epoxide resins to China stood at approximately 1.05 billion USD. The forecasted growth for 2024 is a 2.14% increase to 1.0725 billion USD. Subsequent years predict modest annual growth rates: 1.82% in 2025, 1.76% in 2026, 1.68% in 2027, and 1.63% by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at roughly 1.81%, indicating stable demand primarily driven by industrial applications.
Future trends to watch:
- Potential shifts in trade policies affecting imports.
- Technological advancements enhancing local production capacity.
- Market diversification in regional demand and application types.
- Economic factors impacting overall industrial growth in China.
