Amino Resin Market - The Growth in Global Trade of Amino-Resins, Phenolic Resins and Polyurethanes Lost Its Momentum

Plastics And Synthetic Rubber In Primary Forms October 21, 2016
Author: Maria Fadeeva
Market Analyst

amino resin market

Photo: © XXLPhoto / Bigstockphoto

The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to 14,458 million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five years, until exports decreased again. Overall, there was an annual increase of +3.2% from 2007 to 2015.

Germany continued its dominance in the global supplies of amino-resins, phenolic resins, and polyurethanes (in primary forms). In 2015, Germany's exports of amino-resins, phenolic resins, and polyurethanes (in primary forms) totaled 2,483 million USD, which accounted for a 17% share of global exports. USA, Belgium, China, and the Netherlands were the other key global suppliers of amino-resins, phenolic resins, and polyurethanes (in primary forms) in 2015, with a 37% combined share of global exports.

China (+18.8% per year) and the Netherlands (+15.6% per year) were the fastest growing exporters on the global amino resin market from 2007 to 2015. China significantly strengthened its position in the global export structure, growing its share from 3% in 2007 to 8% in 2015.

On the other hand, China (10%, based on value terms), Germany (7%), USA (6%), France (5%), and Italy (4%) were the leading destinations of imports of amino-resins, phenolic resins, and polyurethanes (in primary forms) in 2015. Imports to USA grew at a quick pace of +5.9% per year from 2007 to 2015. By contrast, China and Germany slightly contracted their imports of amino-resins, phenolic resins, and polyurethanes (in primary forms) over the same period. The USA's share of global imports increased by 1%, while the shares of the balance of leading importers illustrated negative dynamics.

Global Exports Of Amino-Resins, Phenolic Resins And Polyurethanes

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Source: World: Amino-Resins, Phenolic Resins, And Polyurethanes (In Primary Forms) - Market Report. Analysis And Forecast To 2020