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Special applications of the rapid growth in demand for epoxy resin

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According to latest customs statistics show that in October 2010, China's imports of primary forms of the epoxy resin was 16,654.4 tons, an average price of $ 4,285 / ton, compared with 36.53% reduction, down 13.62%; exports to 5030.19 tons, average price of $ 3,154.81 / ton, less than 8.76%, an increase of 11.2%. Investment Advisor in the chemical industry researcher Yi-Chi Chang pointed out that in recent years, the production of epoxy resin increased rapidly, but due to chemical, coatings, electronics, machinery, household appliances, automotive, aerospace and other developments in the field of epoxy resin very rapidly downstream , domestic market demand for strong growth in epoxy resin, epoxy resin domestic market is still a certain gap between supply and demand, each year requires a lot of imported products. In 2008, due to the international financial crisis, the epoxy resin market downturn. According to the Investment Adviser's "2010-2015 China's Epoxy Resin Industry Investment Analysis and Forecast Report" shows that the financial crisis, continued weakness in the construction market in developed countries, the global market has been a great impact on epoxy resin. In 2006-2009, the United States, Western Europe and Japan and other developed countries, the average annual consumption of epoxy resin decrease of 12%. The current global demand for epoxy resin and the demand before the financial crisis but also 20% lower than -25%. However, due to the current aerospace applications such as epoxy resin epoxy resin special needs of rapid growth and the gradual recovery of national economies, the global market for epoxy resins market has started to improve. In China, epoxy resin prices in 2009, has started to climb again. In May-June 2010 period, China East China epoxy resin prices have leapt to a new high of two years. Despite the recent weakening of domestic resin prices, but also in a high consolidation phase. According to the Investment Adviser's "2010-2015 China's Epoxy Resin Industry Investment Analysis and Forecast Report" shows that the current global fan blades strong growth in manufacturing, aerospace and high-performance composite materials of epoxy resin demand growth is also very quickly. 2010-2013 is expected, the United States the average annual demand growth of epoxy resin was about 3.2%; Western Europe the average annual demand growth of epoxy resin is about 2.8%.