In 2023, Germany, China, and Belgium dominated the global export of amino, phenolic, and polyurethane resins, collectively accounting for a significant share of this sector. Germany showed a modest year-on-year growth of 2.32%, whereas China surged by 4.49%. In contrast, some exporters like Japan and Canada experienced declines.
Future trends indicate potential shifts, focusing on technological advancements and sustainability in resin production. Watch for emerging markets, notably in Central Europe and Asia, due to increasing demand and local industrial developments. Efforts to reduce environmental impact could also shape the dynamics of global exports in this sector.
Top countries in Export of Amino-Resins, Pheonolic Resins, Polyurethanes Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 17.69 | 2023 | +2.39% | +2.32% | View data |
2 | 2 China | 13.12 | 2023 | +4.62% | +4.49% | View data |
3 | 3 Belgium | 10.06 | 2023 | +2.48% | +1.9% | View data |
4 | 4 United States | 9.47 | 2023 | +1.64% | +1.66% | View data |
5 | 5 Netherlands | 7.92 | 2023 | +3.28% | +3.49% | View data |
6 | 6 South Korea | 6.34 | 2023 | +4.08% | +4.02% | View data |
7 | 7 Italy | 4.4 | 2023 | +1.51% | +1.03% | View data |
8 | 8 Japan | 4.37 | 2023 | +1.27% | -1.21% | View data |
9 | 9 Spain | 3.04 | 2023 | +1.85% | +2.43% | View data |
10 | 10 Hungary | 2.61 | 2023 | +3.74% | +4.25% | View data |