U.S. - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

U.S. - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Epoxide Resin Price in the United States - 2023

Contents:

  1. Epoxide Resin Price in the United States (FOB) - 2023
  2. Epoxide Resin Price in the United States (CIF) - 2023
  3. Epoxide Resin Exports in the United States
  4. Epoxide Resin Imports in the United States

Epoxide Resin Price in the United States (FOB) - 2023

In August 2023, the average epoxide resin export price amounted to $7,707 per ton, with an increase of 24% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $8,140 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was South Korea ($15,625 per ton), while the average price for exports to Brazil ($4,616 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+12.8%), while the prices for the other major destinations experienced a decline.

Epoxide Resin Price in the United States (CIF) - 2023

The average epoxide resin import price stood at $4,780 per ton in August 2023, with an increase of 8.9% against the previous month. In general, the import price, however, showed a perceptible descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 11% m-o-m. As a result, import price attained the peak level of $6,595 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($12,026 per ton), while the price for China ($2,219 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Epoxide Resin Exports in the United States

Epoxide resin exports from the United States fell to 131K tons in 2022, dropping by -11.7% against the year before. Overall, exports faced a deep contraction.

In value terms, epoxide resin exports surged to $918M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Epoxide Resin in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico24325126736314.3%
China84.285.611513115.9%
Canada11093.11211285.2%
Brazil26.332.538.336.711.7%
South Korea46.434.055.732.9-10.8%
Japan28.020.717.616.8-15.7%
Saudi Arabia12.111.49.411.6-1.4%
Others1931581601980.9%
Total7436877849187.3%

Top Export Markets for Epoxide Resin from the United States in 2022:

  1. Mexico (46.1K tons)
  2. China (26.6K tons)
  3. Canada (21.5K tons)
  4. South Korea (8.1K tons)
  5. Brazil (6.3K tons)
  6. Japan (2.7K tons)
  7. Saudi Arabia (2.3K tons)

Epoxide Resin Imports in the United States

Epoxide resin imports into the United States soared to 148K tons in 2022, jumping by 20% against the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 40%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, epoxide resin imports surged to $920M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Epoxide Resin in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea13890.733848952.5%
Germany85.275.179.21036.5%
Taiwan (Chinese)31.917.933.863.725.9%
Japan48.233.539.348.70.3%
Canada29.435.340.645.815.9%
Netherlands20.812.921.633.317.0%
Thailand32.318.322.323.1-10.6%
China4.95.216.09.826.0%
Others60.345.366.410520.3%
Total45133465792026.8%

Top Suppliers of Epoxide Resin to the United States in 2022:

  1. South Korea (83.5K tons)
  2. Taiwan (Chinese) (14.7K tons)
  3. Germany (12.2K tons)
  4. Netherlands (6.2K tons)
  5. Canada (5.3K tons)
  6. Japan (5.3K tons)
  7. Thailand (4.8K tons)
  8. China (2.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the epoxide resin market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20164030 - Epoxide resins, in primary forms

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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