Material Insights · Understanding the Material World

Epoxy resins and Onshore wind

Their prices have moved together.

Epoxy resins (chemical) and Onshore wind (energy): 1 relationship.

How they are linked

1. Price link: end use

Cost and price · Weak · Both ways

Wind turbine blades are glass or carbon fibre held in epoxy, so wind build-out swings epoxy demand. The turbine price proxy moves with the resin proxy at 0.09 monthly and 0.10 yearly, since turbine prices follow steel and contracts.

  • 0.09 monthly change correlation
  • 0.10 12-month change correlation
  • 0.67 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.