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[China Epoxy Resin Industry Online] November 30, 2004 With the acceleration of economic globalization, my country’s investment environment has improved significantly, the economy continues to grow rapidly, the demand for epoxy resin products is strong, and the market development prospects are promising.
The major oil and petrochemical companies in Europe and the United States are followed closely by Japanese, South Korean and Taiwanese companies.
Foreign-funded enterprises have accelerated their full entry into my country's epoxy resin industry market, and their investment scale and intensity have increased significantly.
Epoxy resin is an important synthetic material for the national economy.
It is widely used in coatings, adhesives, electronics, electrical appliances, anti-corrosion, insulation, and construction .
It is also indispensable for military and aerospace industries .
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Bluestar New Materials Wuxi Resin Factory, a leading domestic enterprise, has undertaken the task of providing special materials for all space launches, including last year's Shenwu launch.
According to experts from the China Epoxy Industry Association (color="#000000">), China’s epoxy resins have maintained a growth rate of 30% in recent years.
Despite the substantial expansion of domestic production capacity, import demand remains High.
This huge attractive market makes international investment