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[China Epoxy Resin Industry Online] June 29, 2005: According to incomplete statistics from the China Epoxy Resin Industry Association, my country's epoxy resin production reached more than 150,000 tons in the first five months of this year, exceeding 300,000 tons in the whole year of last year.
Experts believe that after last year’s adjustments, my country’s epoxy resins continue to show a momentum of rapid growth.
Since 2000, as my country's economic construction has continued to maintain sustained and rapid development, the epoxy resin industry, which is closely related to many industries in the national economy, especially electronics and electrical, transportation, petrochemical, and construction engineering, has been affected by a sharp increase in application demand.
The growth has ushered in the gold development stage.
The average growth of production and consumption has reached about 30%, which is much higher than the global growth level of 3% in the same period, and has become the main driving force for the growth of global epoxy resin.