In 2023, the United States led as the top exporter of Petroleum Resins, Polyterpenes, and Polysulphides, reaching an export value of $1.17 billion. Germany followed closely with exports worth $1.03 billion, while Japan also stood out with $0.69573 billion. China, France, South Korea, the Netherlands, Belgium, Hong Kong, and the United Kingdom rounded out the top ten, each contributing significantly to global exports. Over the past two years, export values have demonstrated varied growth rates, with some regions experiencing moderate increases or stability, while others saw a decline slightly below expected levels.
Future Trends to Watch:
- Increasing environmental regulations may drive the industry toward more sustainable resin alternatives.
- The expansion of electric vehicles and green technologies may spur additional demand for specialized resins and polymers.
- Emerging markets in Asia-Pacific are expected to play a pivotal role in shaping future demand and supply dynamics.
- Technological advancements may lead to innovative applications, thus expanding global market reach.
Top countries in Top Exporters of Petroleum Resins, Polyterpenes, Polysulphides
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 1,170 | 2016 | |
| 2 | 2 Germany | 1,030 | 2016 | |
| 3 | 3 Japan | 695.73 | 2016 | |
| 4 | 4 China | 492.92 | 2016 | |
| 5 | 5 France | 465.26 | 2016 | |
| 6 | 6 South Korea | 405.69 | 2016 | |
| 7 | 7 Netherlands | 362.99 | 2016 | |
| 8 | 8 Belgium | 332.52 | 2016 | |
| 9 | 9 Hong Kong | 238.82 | 2016 | |
| 10 | 10 United Kingdom | 135.96 | 2016 |
