Tokyo: DIC Corporation has reportedly decided to revise the sales prices of epoxy resins and epoxy resin curing agents. The revised prices will reportedly be applicable to products delivered on or after April 15, 2026.
The pricing adjustment comes on the heels of a belligerent situation in the West Asia; however, a two-week ceasefire deal has been reached as of today (April 8, 2026).
The Domino Effect of Epoxy Resin
The Domino’s effect has been such that the Middle East crisis led to a “deterioration in the procurement environment for crude oil and for petrochemical-derived raw materials such as naphtha.” The producers of such raw materials have repeatedly taken steps to revise supplies and sales prices for offerings, such as those vital to the production of resins.
DIC is left with the Hobson’s choice to accept exorbitantly higher prices for raw materials. The cost has been further augmented by surging overhead costs, such as logistics, secondary materials, and storage, as well as rising labor costs, states DIC.
Source: DIC Corporation
The company asserts that it pursued cost-cutting measures and comprehensive rationalization to offset cost increases; it claims that a sales price revision was unavoidable to ensure a stable supply of its products.
For the uninitiated, epoxy resins and curing agents are used in insulating materials for electronics and in coatings, among other applications.
Although the microeconomic effects of the sales price revision on the epoxy resin market have become inevitable, Grand View Research’s study forecasts a USD 18.07 billion revenue opportunity by 2033.
For the record, DIC may implement additional sales price revisions or supply adjustments in the future, subject to changes in global geopolitical conditions and fluctuations in raw materials markets.
