Forecast: Import of Petroleum Resins, Polyterpenes, Polysulphides to China

The forecasted import of petroleum resins, polyterpenes, and polysulfides to China shows a steady year-on-year increase from 2024 to 2028, reflecting a Compound Annual Growth Rate (CAGR) of approximately 2.85%. This indicates a consistent growth trajectory in the market. Looking back to 2023, the import value stood at 1.01 billion US dollars.

Year-on-year variations:

  • 2024: +2.83% (compared to 2023)
  • 2025: +3.09% (compared to 2024)
  • 2026: +2.93% (compared to 2025)
  • 2027: +2.80% (compared to 2026)
  • 2028: +2.65% (compared to 2027)

Future trends to watch include:

  • Technological advancements in the production of these resins and their derivatives.
  • Potential shifts in global trade policies and tariffs impacting import dynamics.
  • Environmental regulations influencing the demand and production methods.

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