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World - Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAmino-Resin Market
The article provides an in-depth analysis of the global market for amino-resins, phenolic resins, and polyurethanes in primary forms. It discusses the consumption trends, production statistics, import and export data, as well as pricing information. The market is expected to continue an upward consumption trend over the next eight years, with forecasted increases in both volume and value. The United States leads in consumption and production, while China and India also play significant roles in the market. Amino resins are identified as the key type of resin, with growing demand and strong export performance. Import and export prices have shown steady growth over the years, with noticeable fluctuations in certain periods.
Market Forecast
Driven by increasing demand for amino-resins, phenolic resins and polyurethanes (in primary forms) worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.3% for the period from 2022 to 2030, which is projected to bring the market volume to 96M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.1% for the period from 2022 to 2030, which is projected to bring the market value to $238.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms)
In 2022, consumption of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by -0.4% to 80M tons, falling for the fourth year in a row after three years of growth. The total consumption volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak volume of 82M tons. From 2019 to 2022, the growth of the global consumption remained at a somewhat lower figure.
The global amino-resin market value amounted to $173.1B in 2022, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $185.5B. From 2019 to 2022, the growth of the global market remained at a somewhat lower figure.
Consumption By Country
The United States (34M tons) remains the largest amino-resin consuming country worldwide, accounting for 43% of total volume. Moreover, amino-resin consumption in the United States exceeded the figures recorded by the second-largest consumer, China (15M tons), twofold. India (6.1M tons) ranked third in terms of total consumption with a 7.6% share.
In the United States, amino-resin consumption remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+7.4% per year) and India (+7.2% per year).
In value terms, the United States ($99.2B) led the market, alone. The second position in the ranking was held by China ($24.5B). It was followed by India.
In the United States, the amino-resin market remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+5.5% per year) and India (+5.1% per year).
In 2022, the highest levels of amino-resin per capita consumption was registered in Kuwait (328 kg per person), followed by the United States (102 kg per person), Japan (15 kg per person) and China (10 kg per person), while the world average per capita consumption of amino-resin was estimated at 0.1 kg per person.
In Kuwait, amino-resin per capita consumption declined by an average annual rate of -3.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (-0.1% per year) and Japan (-1.1% per year).
Production
World Production of Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms)
In 2022, production of amino-resins, phenolic resins and polyurethanes (in primary forms) increased by 0.1% to 80M tons for the first time since 2019, thus ending a two-year declining trend. The total output volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 9.7% against the previous year. Over the period under review, global production hit record highs at 81M tons in 2019; however, from 2020 to 2022, production failed to regain momentum.
In value terms, amino-resin production declined modestly to $170.1B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. As a result, production reached the peak level of $196.8B. From 2019 to 2022, global production growth remained at a somewhat lower figure.
Production By Country
The country with the largest volume of amino-resin production was the United States (34M tons), accounting for 43% of total volume. Moreover, amino-resin production in the United States exceeded the figures recorded by the second-largest producer, China (15M tons), twofold. The third position in this ranking was held by India (5.9M tons), with a 7.3% share.
In the United States, amino-resin production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: China (+8.2% per year) and India (+6.9% per year).
Imports
World Imports of Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms)
In 2022, global amino-resin imports fell to 10M tons, declining by -5.5% on the previous year. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 11M tons, and then fell in the following year.
In value terms, amino-resin imports rose modestly to $24.8B in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Imports By Country
In 2022, Germany (876K tons), the United States (600K tons), China (559K tons), France (498K tons), Poland (453K tons), the Netherlands (439K tons), Canada (403K tons), Italy (352K tons), India (347K tons), Belgium (280K tons), Turkey (275K tons) and Russia (253K tons) represented the major importer of amino-resins, phenolic resins and polyurethanes (in primary forms) in the world, generating 53% of total import. Spain (232K tons) took a minor share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +18.0%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, China ($1.9B), the United States ($1.8B) and Germany ($1.6B) appeared to be the countries with the highest levels of imports in 2022, with a combined 21% share of global imports. The Netherlands, Italy, France, India, Canada, Poland, Turkey, Belgium, Russia and Spain lagged somewhat behind, together comprising a further 35%.
In terms of the main importing countries, India, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Imports By Type
In 2022, amino resins (4.2M tons) was the key type of amino-resins, phenolic resins and polyurethanes (in primary forms), committing 43% of total imports. Polyurethanes in primary forms (2.1M tons) ranks second in terms of the total imports with a 21% share, followed by urea resins and thiourea resins in primary forms (21%), phenolic resins in primary forms (10%) and melamine resins in primary forms (4.9%).
Amino resins was also the fastest-growing in terms of imports, with a CAGR of +7.8% from 2012 to 2022. At the same time, polyurethanes in primary forms (+3.9%), melamine resins in primary forms (+2.7%), phenolic resins in primary forms (+1.4%) and urea resins and thiourea resins in primary forms (+1.4%) displayed positive paces of growth. Amino resins (+12 p.p.) significantly strengthened its position in terms of the global imports, while phenolic resins in primary forms and urea resins and thiourea resins in primary forms saw its share reduced by -3.4% and -6.8% from 2012 to 2022, respectively. The shares of the other products remained relatively stable throughout the analyzed period.
In value terms, amino resins ($10.2B), polyurethanes in primary forms ($9.1B) and phenolic resins in primary forms ($2.4B) were the products with the highest levels of imports in 2022, with a combined 89% share of global imports.
In terms of the main imported products, amino resins, with a CAGR of +8.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2022, the average amino-resin import price amounted to $2,481 per ton, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. Global import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by the product type; the product with the highest price was polyurethanes in primary forms ($4,393 per ton), while the price for urea resins and thiourea resins in primary forms ($867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by urea and thiourea resins (+3.3%), while the other products experienced more modest paces of growth.
Import Prices By Country
The average amino-resin import price stood at $2,481 per ton in 2022, increasing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 29% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($3,331 per ton), while Germany ($1,805 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms)
In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) exported worldwide fell to 9.5M tons, declining by -2.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 9.7M tons, and then reduced modestly in the following year.
In value terms, amino-resin exports amounted to $24B in 2022. Over the period under review, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.
Exports By Country
The shipments of the three major exporters of amino-resins, phenolic resins and polyurethanes (in primary forms), namely China, Germany and Belgium, represented more than third of total export. The Netherlands (647K tons) ranks next in terms of the total exports with a 6.8% share, followed by the United States (6.6%). The following exporters - Poland (422K tons), South Korea (420K tons), Saudi Arabia (299K tons), Japan (273K tons), Portugal (256K tons), Spain (252K tons), Hungary (235K tons) and Italy (226K tons) - together made up 25% of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Saudi Arabia (with a CAGR of +18.3%), while the other global leaders experienced more modest paces of growth.
In value terms, Germany ($3.8B), China ($3.6B) and Belgium ($2.4B) constituted the countries with the highest levels of exports in 2022, with a combined 41% share of global exports. The United States, the Netherlands, South Korea, Italy, Japan, Spain, Hungary, Saudi Arabia, Portugal and Poland lagged somewhat behind, together accounting for a further 39%.
In terms of the main exporting countries, Saudi Arabia, with a CAGR of +24.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Exports By Type
Amino resins was the main type of amino-resins, phenolic resins and polyurethanes (in primary forms) in the world, with the volume of exports recording 4.3M tons, which was approx. 46% of total exports in 2022. Polyurethanes in primary forms (2M tons) ranks second in terms of the total exports with a 21% share, followed by urea resins and thiourea resins in primary forms (17%), phenolic resins in primary forms (11%) and melamine resins in primary forms (5.3%).
Amino resins was also the fastest-growing in terms of exports, with a CAGR of +5.8% from 2012 to 2022. At the same time, polyurethanes in primary forms (+3.3%), melamine resins in primary forms (+1.6%) and phenolic resins in primary forms (+1.4%) displayed positive paces of growth. Urea resins and thiourea resins in primary forms experienced a relatively flat trend pattern. While the share of amino resins (+10 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of phenolic resins in primary forms (-2.1 p.p.) and urea resins and thiourea resins in primary forms (-7.1 p.p.) displayed negative dynamics. The shares of the other products remained relatively stable throughout the analyzed period.
In value terms, amino resins ($10.2B), polyurethanes in primary forms ($9B) and phenolic resins in primary forms ($2.2B) appeared to be the products with the highest levels of exports in 2022, together comprising 90% of global exports.
Amino resins, with a CAGR of +6.6%, saw the highest growth rate of the value of exports, among the main exported products over the period under review, while shipments for the other products experienced more modest paces of growth.
Export Prices By Type
The average amino-resin export price stood at $2,523 per ton in 2022, picking up by 8.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33% against the previous year. The global export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by the product type; the product with the highest price was polyurethanes in primary forms ($4,438 per ton), while the average price for exports of urea resins and thiourea resins in primary forms ($906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by urea and thiourea resins (+3.7%), while the other products experienced more modest paces of growth.
Export Prices By Country
The average amino-resin export price stood at $2,523 per ton in 2022, growing by 8.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($3,798 per ton), while Poland ($997 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.6%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global amino-resin market. 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 20165550 - Urea resins and thiourea resins, in primary forms
- Prodcom 20165570 - Melamine resins, in primary forms
- Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
- Prodcom 20165650 - Phenolic resins, in primary forms
- Prodcom 20165670 - Polyurethanes, in primary forms
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global amino-resin market.
This report provides an in-depth analysis of the global phenolic resins market.
This report provides an in-depth analysis of the global melamine resins market.
This report provides an in-depth analysis of the global polyurethanes market.
This report provides an in-depth analysis of the global market for urea and thiourea resins.
This report provides an in-depth analysis of the global amino resin market.
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
Learn about the projected growth of the global polyurethane market in primary forms over the next seven years, with an expected increase in volume and value. Market performance is forecasted to expand with a CAGR of +2.3% in volume and +4.8% in value, reaching 9M tons and $43.5B by 2030.
Explore the top import markets for polyurethanes in 2023. Discover key countries driving the global demand for polyurethane products.
Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
Global exports of polyurethanes in primary forms dropped from $7B in 2019 to $6.3B in 2020. Germany, China, Italy and the U.S. constitute the largest polyurethane exporters worldwide, providing more than half of the total shipments. In 2020, all the key supplying countries experienced a reduction in polyurethane exports. The average polyurethane export price fell by -2.3% against the previous year. China, Vietnam and Germany remain the leading importers of polyurethane in primary forms.
Explore the world's top import markets for amino resin in 2023 and discover key statistics and insights. From the Netherlands to India, these countries drive global demand for this essential material.