Epoxy Resins Markets: Review 2024 and 2025 Outlook
Epoxy resin producers in Europe and the US met with concerned buyers and increased inquiries as 2024 began.
Despite the price point for epoxy resins from the Asia region being considerably lower than North America and Europe—Panama and Suez Canal disruptions put paid to deals between western buyers and Asian producers.
Delayed shipments and rising freight costs created a flurry of activity and price increases in Europe. However, the year closed with both the US and European markets in limbo. Anti-dumping investigations in Europe and the US created uncertainty among buyers.
Asian producers, meanwhile, faced oversupply and underperforming markets—fundamentals that have carried through to 2025.
ResourceWise Business Manager Jennifer Hawkins shares her thoughts on what the remainder of 2025 will bring.