Phenolic epoxy resin

Recent Market Intelligence Report on Epoxy Resin

I. Price Dynamics
1. Recent Price Trends:
- From July 3 to July 6, 2026, the price of liquid epoxy resin (E-51 grade) remained stable at RMB 13,750.00 per metric ton.
- In early July 2025, the benchmark price of epoxy resin experienced a slight decline—from RMB 13,566.67 per metric ton on July 1 to RMB 13,500.00 per metric ton on July 9—though prices have since rebounded and stabilized.

2. Historical Price Comparison:
- Compared to June 1, 2025, the epoxy resin price in early July 2026 decreased by 10.13%, reflecting notable price volatility.
- Throughout 2025, epoxy resin prices exhibited a 'decline-then-recovery, volatile upward' trend, with an annual average price of RMB 14,612.80 per metric ton—a year-on-year increase of 6.47%.

II. Market Supply and Demand
1. Supply Situation:
- Major producers such as Hunan Petrochemical have optimized logistics and warehouse management to ensure stable epoxy resin supply. For example, Hunan Petrochemical’s Resin Division ships over 300 metric tons of epoxy resin daily, fully meeting downstream demand.
- Industry capacity continues to expand: China’s epoxy resin industry capacity reached approximately 3.81 million metric tons per year in 2025, with output totaling about 2.075 million metric tons—resulting in a significantly narrowed supply-demand gap compared to 2024.

2. Demand Situation:
- Demand growth for epoxy resin accelerated markedly in 2025: China’s downstream consumption volume totaled 2.058 million metric tons, representing a year-on-year increase of 12.15%.
- Emerging sectors—including wind power and new-energy vehicles—are driving robust demand growth for epoxy resin, becoming key engines for industry expansion. For instance, demand for high-toughness, weather-resistant epoxy composites in the wind power sector continues to rise steadily.

III. Industry Developments
1. Policy Environment:
- The Chinese government has introduced a series of supportive policies for the advanced materials industry, creating favorable development opportunities for the epoxy resin sector. For example, enterprises engaged in R&D and production of high-toughness epoxy resins are eligible for tax incentives and fiscal subsidies.
- Increasingly stringent environmental regulations are accelerating the development and application of eco-friendly epoxy resins, further expanding market size.

2. Import/Export Situation:
- In 2025, China’s epoxy resin imports rose unexpectedly by 4% year-on-year, primarily driven by strong, inflexible demand for specialty electronic-grade epoxy resins in high-end manufacturing and cutting-edge applications.
- Export markets faced multiple headwinds, with export volume declining by 3.86% year-on-year, mainly due to trade frictions and related external pressures.

IV. Analysis and Assessment
1. Price Outlook:
- Epoxy resin prices have remained stable recently; however, future price fluctuations remain possible, influenced by raw material costs, supply-demand dynamics, and policy developments.
- With sustained demand growth from emerging sectors and gradual release of industry capacity, epoxy resin prices are expected to maintain a steady, modestly upward trajectory.

2. Supply-Demand Outlook:
- On the supply side, industry capacity continues to expand, yet overcapacity in generic-grade products remains an unresolved challenge.
- On the demand side, continuously rising demand from emerging sectors will provide solid, long-term market support for the industry.

3. Industry Risks:
- Factors including raw material price volatility, intensifying competition, and trade friction may continue to pose challenges to the industry.
- Enterprises must strengthen technological innovation and product portfolio optimization to enhance value-added capabilities and market competitiveness, thereby navigating an increasingly complex operating environment.

V. Forecasts
1. Price Forecast:
- In the near term, epoxy resin prices are expected to remain stable or rise slightly, though gains are likely to be limited.
- Over the longer term, sustained demand growth from emerging sectors and progressive optimization of industry capacity will support a steady, moderate upward price trend.

2. Market Forecast:
- The overall epoxy resin market size will continue expanding, especially propelled by growth in wind power, new-energy vehicles, and other emerging fields.
- The industry will accelerate its transition toward high-end, green, and sustainable development, with gradually enhanced domestic supply capacity for specialty, ultra-high-purity, and functional epoxy resins.