Price & Demand Analysis

January 05, 2023

The global demand for glass fiber declined by 3.0% in Q3 2022 as compared to Q3 2021. Demand for glass fiber declined due to declining housing starts, softening demand from RV and marine market from a YoY pers...

January 05, 2023

Global production of aluminum increased by 3.5% in Q3 2022 as compared to Q3 2021. China is the world's largest producer of aluminum; the global production growth was mainly due to an increased output in C...

January 05, 2023

Globally, the production of steel decreased by 2.4% in Q3 2022 as compared to Q3 2021. Global steel production went down in Q3 2022 due to persisting inflation, US monetary tightening, China’s economic d...

January 05, 2023

The global demand for UPR decreased by 2.5% in Q3 2022 as compared to Q3 2021. The UPR demand declined due to declined demand from end use industries, like construction, RV, and marine, which are performing ve...

January 05, 2023

The global demand for epoxy resins in the composites industry increased by 2.5% in Q3 2022 as compared to Q3 2022. The increase in the epoxy resin market in Q3 2022 is mainly due to the increased demand in the...

January 05, 2023

The global demand for carbon fiber increased by 7.0% in Q3 2022 as compared to Q3 2021. Demand for carbon fiber was driven by increased commercial aircraft deliveries and increased demand of lightweight materi...

January 05, 2023

The global demand for SMC decreased by 2.0% in Q3 2022 as compared to Q3 2021. Demand for SMC declined due to underperforming end use industries; housing starts declined due to increased interest rates, RV sal...

October 31, 2022

The global demand for carbon fiber increased by 4.2% in Q2 2022 as compared to Q1 2022. Demand for carbon fiber was driven by growth in the aerospace industry and increasing demand from sporting goods manufact...

October 31, 2022

Global production for aluminum increased by 3.2% in Q2 2022 as compared to Q1 2022 and 1.1% as compared to Q2 2021. China is the world's largest producer of aluminum; the global production growth was mainl...

October 31, 2022

The global demand for UPR decreased by 8.7% in Q2 2022 from Q1 2022. The UPR demand declined due to very poor demand from the end use industries, such as pipes & tanks, wind installation, and construction....

October 31, 2022

The global production for steel increased by 6.9% in Q2 2022 as compared to Q1 2022 but declined by 4.1% from Q2 2021. Global steel production grew in Q2 2022 due to an increase in steel production in APAC. AP...

October 31, 2022

The global demand for glass fiber grew by 3.5% in Q2 2022 from Q1 2022, and it grew by 12% when compared to Q2 2021. Supply chain disruption fueled the demand for glass fiber, as there was a trend of manufactu...

October 31, 2022

The global demand for SMC increased by 2.1% in Q2 2022 as compared to Q1 2022, driven by its growing demand in various end use industries, such as electrical and home appliances. In Q2 2022, SMC prices hiked b...

October 31, 2022

The global demand for epoxy resins in the composites industry grew by 1.3% in Q2 2022 as compared to Q1 2022, while it increased by 8.4% as compared to Q2 2021. The growth in the epoxy resin market in Q2 2022 ...

June 21, 2022

The global demand for carbon fiber increased by 3.9% in Q1 2022 as compared to Q4 2021. Demand for carbon fiber was driven by growth in wind energy installation activities and increasing demand from sporting g...

June 21, 2022

The global demand for glass fiber grew by 5.4% in Q1 2022 from Q4 2021; and it grew by 16% when compared to Q1 2021. Glass fiber prices, on an average, increased by 6.8% in Q1 2022 as compared to Q4 2021. Dema...

June 21, 2022

The global demand for epoxy resins for the composites industry grew by 1.6% in Q1 2022 as compared to Q4 2021, while it increased by 9% as compared to Q1 2021. The growth in ...

June 21, 2022

Global production for aluminum decreased by 1.2% in Q1 2022 as compared to Q4 2021 and 1.9% as compared to Q1 2021. China is the world's largest producer of aluminum; the global production decline was main...

June 21, 2022

The global production for steel increased by 2.5% in Q1 2022 as compared to Q4 2021, but declined by 4.9% from Q1 2021. Global steel production grew in Q1 2022 due to increase in steel production in APAC, APAC...

June 21, 2022

The global demand for UPR increased by 4.1% in Q1 2022 from Q4 2021. The UPR demand that increased in this quarter was mainly driven by an increase in end use industries such as pipe & tank, wind installat...

June 21, 2022

The global demand for SMC increased by 1.4% in Q1 2022 as compared to Q4 2021, this increase is mainly driven by the increase in global construction activities. In Q1 2022, SMC prices hiked by 4% as compared t...

March 02, 2022

The global production for steel decreased by 3.3% in Q4 2021 as compared to Q3 2021, and also declined by 0.5% from Q4 2020. Global steel production fell in Q4 2021 due to decline in steel production in APAC, ...

December 18, 2021

The global shipment for steel decreased by 9.6% in Q3 2021 as compared to Q2 2021, and also declined by 2% from Q3 2020. Global steel shipment fell in Q3 2021 due to significant decline of steel production in ...

December 18, 2021

The global demand for glass fiber grew by 1.5% in Q3 2021 from Q2 2021; also it grew by 19% as compared to Q3 2020. Glass fiber prices, on an average, increased about 12.3% in Q3 2021 as compared to Q2 2021. P...

December 18, 2021

The global demand for carbon fiber increased by 2.4% in Q3 2021 as compared to Q2 2021. Airbus and Boeing aircraft deliveries increased by 23% in Q3 2021 as compared Q3 2020 level. Demand for carbon fiber was ...

December 18, 2021

The global demand of epoxy resin for the composites industry grew by 2.8% in Q3 2021 as compared to Q2 2021, while it increased by 17% as compared to Q3 2020. The growth in Q3 2021 in the epoxy resin market is...

December 18, 2021

Global shipment for aluminum remained almost flat in Q3 2021 as compared to Q2, while it grew by 3.0% as compared to Q3 2020. Slowdown in end use industries like vehicle production limited the demand for alumi...

December 18, 2021

The global demand for UPR increased slightly by 1.3% in Q3 2021 from Q2 2021. The UPR demand increased in this quarter mainly driven by an increase in construction activities globally. The UPR price, on an ave...

December 18, 2021

The global demand for SMC increased by 1.2% in Q3 2021 as compared to Q2 2021, this increase is mainly driven by the increase in global construction activities. The SMC market has recovered after the COVID-19 ...

October 02, 2021

The global demand for steel witnessed 5.5% growth in Q2 2021 when compared to Q1 2021, and also grew by 18% from Q2 2020. The post-lockdown recovery in steel demand has been stronger than initially anticipated...