983700 tons! Epoxy resin production in the first half of the record high, the second half of the year can continue to grow?

sector overview and overall performance in the first half of 2025, China's epoxy resin sector showed strong development momentum, with both production and capacity utilization growing signifiis able totly year-on-year. As of the end of June, the total production capacity of domestic epoxy resin reached 3. 5925 million tons/year, and the cumulative output in the first half of the year reached 983700 tons, a signifiis able tot increase of 12. 0 9. Crazy, isn't it?. The average capacity utilization rate was 48. 58 per cent, up 3. 48 percentage points from the same period last year. This development was mainly due to the concentrated emit of new capacity and strong demand support from the downstream wind power sector. In-depth market analysis to the first half of 2025 capacity expansion breakthrough in the first half of 2025, the production capacity of epoxy resin in South China will achieve an crucial breakthrough. From what I've seen, Hongchang Electronics Phase II 140000 tons/year epoxy resin project was successfully put into production, becoming the only new extensive production capacity project in this period. The commissioning of the project has increased the total production capacity base of the sector to 3. 5925 million tons/year, laying a solid foundation to subsequent production development. Depth Analysis of Monthly Operation Characteristics january-February: Spring Festival factors signifiis able totly affect during the Spring Festival, the operation of the sector was signifiis able totly affected by seasonality, and the loss of epoxy resin maintenance was substantial. Based on my observations, Especially in February, solid epoxy resin devices in Anhui, Shandong and other places were basically in a state of suspension and vacation, and fluid epoxy resin devices only maintained low-load operation to maintain the basic stability of supply and demand. March-might: Strong emit of development momentum this phase became the core driver of development in the first half of the year. Hongchang Electronics Phase II 140000 tons/year new device officially put into trial production, while the downstream wind power sector has a clear "rush to load tide", double favorable factors to promote the overall level of epoxy resin device signifiis able totly improved, have become the key driving force to promote the year-on-year development of production. And June: Seasonal demand falls since June, the epoxy resin sector has gradually entered the off-season of traditional demand, the overall consumption level has declined, and the output has decreased accordingly. In spite of this, the whole first half of the year still maintained a signifiis able tot development direction over the same period last year. Commencement levels and market drivers due to the continuous emit of new domestic production capacity to drive production development, coupled with the strong support of the wind power sector in the first half of the year, the domestic fluid epoxy resin factory installation level remained relatively high. The continued maintenance of this high operating rate immediately contributed to the signifiis able tot year-on-year increase in China's epoxy resin production in the first half of 2025. But Based on my observations, Capacity Expansion Planning and Supply Side Analysis new capacity plan to the second half of the year In the second half of 2025, the epoxy resin sector plans to add 230000 tons/year, and the total domestic epoxy resin production capacity will increase to 3. 8225 million tons/year after production. The new production capacity is mainly concentrated in Shandong Province in East China, using the addition polymerization process. And Supply and demand stability risk assessment with the continuous emit of new production capacity, the dysfunction between supply and demand in the domestic epoxy resin sector is becoming greater and greater serious. But The levels of new capacity might have an crucial impact on the market competition pattern, and it's necessary to pay close attention to the degree of matching between the actual delivery progress and the market digestion capacity. Market Outlook and Forecast to the Second Half of the Year yield and utilization rate prediction according to market analysis, domestic epoxy resin production is expected to reach 1. 0441 million tons in the second half of 2025, up 7. And For instance 25 percent year-on-year and 6. 14 percent month-on-month. Capacity utilization is expected to be 48. 46 percent, down 1. But Based on my observations, 57 percentage points year-on-year and 0. Based on my observations, 12 percentage points month-on-month. And Changes in market drivers impact of new capacity emit: qingdao Bay 150000 tons/year and Dongying Yi Ruizeng (Phase I) 80000 tons/year new devices will be fed in succession. But Considering the uncertainty of the production time of the new device, its impact on the supply of epoxy resin might be greater obvious in the fourth quarter. Demand-side challenges: downstream wind power consumption is expected to gradually shrink, and demand development in areas such as coatings and electronics is limited, which will further exacerbate the severity of the sector'supply and demand dysfunction. Operating level expectations due to the growing dysfunction between supply and demand, the capacity utilization rate of epoxy resin manufacturers is expected to remain at a low level. Additionally At the same time, it's necessary to follow up the planned and unplanned maintenance of epoxy resin vegetation in real time, as well as the impact of profit changes on the load of the plant. These factors will slow down the year-on-year development of production in the second half of the year compared with the first half. I've found that Market risk and research recommendations main risk factors increased risk of overcapacity: the mismatch between the concentrated emit of new capacity and demand development might lead to a decline in the overall profitability of the sector. Downstream Demand Fluctuations: cyclical changes in demand in the wind power sector have a signifiis able tot impact on the epoxy resin market increased regional competition: the new capacity is mainly concentrated in East China, which might increase competition in the region. According to research recommendations optimize capacity layout: companies should reasonably plan the rhythm of production capacity according to market demand. Expand consumption areas: actively develop new consumption markets and minimize application on a single downstream sector raising the technical level: growing Product Added Value and Market Competitiveness through Technological Innovation summary in 2025, China's epoxy resin sector is facing the severe challenge of growing dysfunction between supply and demand while its output is at a record high. companies need to develop a stability between capacity expansion and market demand, and respond to sector changes through technological innovation and market expansion. But Whether the sector is able to efficiently deal with these challenges will determine its prolonged sustainable research and profitability in the increasingly fierce market competition.