The global phenolic resins market is estimated to grow at a CAGR of nearly 5.6% during the forecast period. The major factors encouraging the market growth include superior properties of phenolic resins and a significant rise in applications across automotive and building and construction industry. Phenolic resins contain several desirable properties including superior mechanical strength, dimensional stability, and heat resistance. In addition, it offers high resistance against several acids, solvents, and water. Phenolic resin is a part of thermoset resins that are considered as critical components of high-performance coatings, adhesives, composites, and prepregs. Thermoset resins are regarded as rigid polymeric materials resistant to higher temperatures compared to ordinary thermoplastics.
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The global phenolic resins market is segmented into product type, application, and end-use industry. Based on product type, the market is segmented into novolac, resol, and others. Based on application, the market is segmented into adhesives, molding, insulation, coatings, laminates, and others. Based on end-use industry, the market is segmented into automotive and transportation, building and construction, electrical and electronics, consumer goods, and others.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers research-papers, and news blogs
- Company websites and their product catalogue
The report is intended for a healthcare service provider, medical device companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
A Full Report of Global Phenolic Resins Market is Available at:
Market Overview and Insights
- Scope of the Report
- Analyst Insight & Current Market trends
- Key Findings
Global Phenolic Resins Market by Product Type
- 1.1. Novolac
Global Phenolic Resins Market by Application
Global Phenolic Resins Market by End-Use Industry
- Automotive and Transportation
- Aerospace and Defense
- Building and Construction
- Electrical and Electronics
- Consumer Goods
- Arclin, Inc.
- Ashland Global Holdings Inc.
- ASK Chemicals GmbH
- BASF SE
- Changshu South-East Plastic Co., Ltd.
- DIC Corp.
- Dzujodwala Paper Chemicals Ltd.
- Fenolit d.d.
- Hexcel Corp.
- Hexion Inc.
- Kangnam Chemical Co.‚ Ltd.
- Koch Industries, Inc.
- KOLON Industries, Inc.
- Kraton Corp.
- Lerg S.A.
- Mansoura for Resins & Chemical Industries Co. S.A.E.
- Mitsui Chemicals, Inc.
- Prefere Resins Holding GmbH
- Red Avenue New Materials Group Co., Ltd.
- Shandong Laiwu Runda New Material Co., Ltd.
- Sumitomo Bakelite Co., Ltd.
- United States
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World
Global Phenolic Resins Market – Segment by Region
- United States
- United Kingdom
- Rest of Europe
- Rest of North-American
Rest of the World
- Latin America
- Middle East and Africa
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