The prices of all major chemicals, such as thermoset resins, thermoplastic resin, and packaging materials, decreased in Q1 2026 as compared to Q1 of 2025. In Q1 2026, prices of thermoset resins, thermoplastic resin, and packaging materials decreased by 3.3%, 4.3%, and 2.5% respectively as compared to Q1 2025. The decline in prices for thermoset resins, thermoplastic resins, and packaging materials in Q1 2026 is driven primarily by substantial global oversupply and weak demand. Prices of paints & coatings and adhesives & sealants increased by 2.7% and 2.9% respectively in Q1 2026 vs. Q1 2025. Prices of paints, coatings, adhesives, and sealants increased significantly in Q1 2026, primarily driven by surging raw material costs linked to volatile and high crude oil prices. In the forecast period, prices of all chemicals are expected to follow the same price trend as Q1 2026. The figure below shows changes in prices of various chemicals in Q1 2026 and forecast for Q2 2026.
Source: Lucintel Figure: Year-over-Year (YoY) Price Change for Various Chemicals in Q1 2026 and Q2 2026 (e)
The price and demand analysis on above is published monthly for various regions. Lucintel analysts collect supply, demand and price data from various suppliers and consumers on a monthly basis and also analyzes news on supply and demand issues, production, and price trends. This allows Lucintel to publish unbiased assessments on price and demand movements to help you make confident business decisions on your negotiation or business issues.
Become a valued Lucintel member to gain access to thousands of market data, price and demand trends, and more for one low rate ($89 / month to $1,850 / month). Analyst and sales support included.
Try Demo
Buy Now