The import of epoxides, epoxyalcohols, epoxyphenols, and epoxyethers to Malaysia stood at 36.793 million USD in 2023. The value has shown fluctuations over the years, with a significant increase of 64.51% in 2015 and a decline of -13.02% in 2020. Year-on-year variations in the last two years were 3.95%. The five-year compound annual growth rate (CAGR) was 3.26%, indicating moderate growth. Forecasted CAGR for the next five years is 2.86%, suggesting a steady upward trajectory.
Future trends to watch for include advancements in epoxy-based products, potential tariffs, and shifts in global trade policies that might influence import dynamics. Growth in industries such as automotive, electronics, and construction could boost demand for epoxy chemicals.
