DALLAS, TX / November 26, 2021 / An exciting new study from the team of Lucintel found that phenolic resin market is expected to reach $14.1 billion by 2025 with a CAGR of 2.7%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The phenolic resin market is segmented based on application, end use, resin, and region. In this market, molding compound is the largest segment by application, whereas construction is largest by end use industry. Players can benefit from the available opportunities like growth in end use industries.
The development of bio based phenolic resin, and increased penetration of phenolic resin in applications where fire, smoke, and toxicity properties are required are emerging trends having impact on dynamics of the industry.
Hexion, Shandong Shengquan Chemical Co, Si Group, Sumitomo Bakelite, and Georgia–Pacific and others are some of the major players profiled in this 204 page report.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the phenolic resin market by application (wood adhesive, molding compound, laminates, insulation, Coating, Paper Impregnation, and others), end use industry (construction, transportation, electrical and electronics, furniture, Industrial, and others), resin type (resol and novolac resin), region (North America, Europe, Asia Pacific and ROW) and by region (North America, Europe, Asia Pacific and ROW), and by region (North America, Asia Pacific, Europe, and ROW)?Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the phenolic resin market?
Q.4 What are some changing demands of customers in the phenolic resin market?
Q.5 What are the new developments in the phenolic resin market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this phenolic resin area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in these phenolic resin market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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