On April 16, 2024, at 1:30 PM local time, Mr. Tian from NANYA visited Zhongtritium and jointly held an in-depth seminar on the epoxy resin raw materials and market analysis with experts from Zhongtritium. The meeting focused on various key aspects of the epoxy resin industry, particularly the supply chain of raw materials, market demand, and future trends.
The meeting began with a review of the main raw materials of epoxy resin, emphasizing the industry’s dependence on Bisphenol A (BPA) and the complexity of its supply chain. Experts conducted a detailed analysis of the domestic supply-demand balance of BPA, revealing the current market supply constraints and demand growth. Additionally, the meeting provided a market forecast for BPA in 2023, anticipating its price fluctuations and market trends.
Next, the discussion shifted to an in-depth analysis of the epoxy resin market environment. Participating experts extensively explored the applications of epoxy resin in key industries such as construction, automotive, and aerospace, analyzing the main drivers of market demand growth and potential challenges. The meeting also emphasized the environmental and regulatory pressures faced by the epoxy resin industry, as well as how companies can respond to market changes through technological innovation and production efficiency improvements.
This meeting not only strengthened the business ties between Zhongtritium and Mr. Tian from NANYA but also provided valuable market insights to the participants, helping them better understand and predict the future development direction of epoxy resin and its raw materials. This business visit and seminar will further promote cooperation and innovation between the two parties in the field of materials science.
Mr. Tian’s visit signifies further deepening of cooperation between the two parties, which is of significant importance in accelerating the development of epoxy resin and related markets. In the future, both parties will continue to work together to promote the industry towards more efficient, environmentally friendly, and sustainable directions.