Report Update Nov 1, 2024

Northern America - Amino-Resins, Phenolic Resins and Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Amino-Resin Market 2024

Amino-Resin Market Size in Northern America

In 2022, the North American amino-resin market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Amino-Resin Production in Northern America

In value terms, amino-resin production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Amino-Resin Exports

Exports in Northern America

In 2022, overseas shipments of amino-resins, phenolic resins and polyurethanes (in primary forms) increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, amino-resin exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States was the main exporter of amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Canada (X tons), generating an X% share of total exports.

The United States was also the fastest-growing in terms of the amino-resins, phenolic resins and polyurethanes (in primary forms) exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest amino-resin supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, amino-resin exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Amino-Resin Imports

Imports in Northern America

In 2022, purchases abroad of amino-resins, phenolic resins and polyurethanes (in primary forms) increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, amino-resin imports soared to $X in 2022. Over the period under review, imports posted strong growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The United States (X tons) and Canada (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, the United States ($X) and Canada ($X) were the countries with the highest levels of imports in 2022.

In terms of the main importing countries, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, jumping by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America?

The country with the largest volume of amino-resin consumption was the United States, accounting for 97% of total volume. It was followed by Canada, with a 2.9% share of total consumption.

What are the largest producers of amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America?

The United States remains the largest amino-resin producing country in Northern America, accounting for 98% of total volume. It was followed by Canada, with a 2.1% share of total production.

What are the leading exporters of amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America?

In value terms, the United States remains the largest amino-resin supplier in Northern America, comprising 87% of total exports. The second position in the ranking was occupied by Canada, with a 13% share of total exports.

What are the leading importers of amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America?

In value terms, Canada and the United States were the countries with the highest levels of imports in 2021.

What is the average export price for amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America?

The export price in Northern America stood at $2,888 per ton in 2021, growing by 6.8% against the previous year.

What is the average import price for amino-resins, phenolic resins and polyurethanes (in primary forms) in Northern America?

In 2021, the import price in Northern America amounted to $2,237 per ton, picking up by 5.6% against the previous year.

This report provides an in-depth analysis of the amino-resin market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20165550 - Urea resins and thiourea resins, in primary forms
Prodcom 20165570 - Melamine resins, in primary forms
Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
Prodcom 20165650 - Phenolic resins, in primary forms
Prodcom 20165670 - Polyurethanes, in primary forms

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023