Phenolic Resins Market Overview:
The global phenolic resins market has experienced a notable growth and it has been projected that the global market will see stable growth during the forecast period. The high mechanical strengths, low toxicity, heat resistance, low smoke and other several properties have made the phenolic resins to make their use in the applications such as in laminations, wood adhesives, molding compound, construction, automobile and others.
Growing demand of these applications has increased the production of phenolic resins to meet the current market demand. Also, phenolic resins are used in flame retardant which is very crucial for automobiles and aircrafts. Owing to these factors, the global phenolic resins market is expecting a potential demand. Phenolic Resins are used in flame retardant which is very crucial for automobiles and aircrafts. Owing to these factors, the global phenolic resins market is expecting a potential demand.
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Phenolic Resins Industry Trends/Updates:
Researchers have come up with a new application of phenolic resins for printing purposes of cash register receipts, tickets and labels. They would be used an alternative to bisphenol A (BPA) which has hazardous health effects.
Growing introduction of carbon nanofibres in phenolic resins for carbon-contained refractory- Carbon nanofibers, due to their superior mechanical and thermal properties are finding novel applications in various industries including phenolic resins industry.
Study Objectives of Phenolic Resins Market:
• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Phenolic Resins Market
• To provide insights about factors affecting the market growth
• To Analyse the Global Phenolic Resins Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country-level analysis of the market with respect to the current market size and future prospective
• To provide country-level analysis of the market for segment by raw materials and applications
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Phenolic Resins Market
Phenolic Resins Market Key Players:
The global market for phenolic resins is highly competitive and fragmented with a large number of players operating in the industry. Hitachi Chemical, BASF, DIC Corporation, Georgia Pacific Chemicals, Kolon Industries, Mitsui Chemicals, SI Group, Georgia Pacific Chemicals, Sumitomo Bakelite and others.
Phenolic Resins Market Segmentation:
Phenolic resins market has been segmented based on types and applications. By types, the market has been segmented into novolacs and resoles and by applications, the market has been segmented into automobiles, construction, wood adhesives, laminates, molding and others.
The ongoing market trends of phenolic resins market and the key factors impacting the growth prospects are elucidated. With increase in the trend, the factors affecting the trend are mentioned with perfect reasons. Top manufactures, price, revenue, market share is explained to give a depth of idea on the competitive side.
Phenolic Resins Market Regional Analysis:
The North America market for phenolic resins is estimated to propel owing to increased industrial activity, rebounding housing activities, and developing applications of phenolic resins in the motor vehicle market in the region. Asia-pacific market for phenolic resins is expected to grow considerably during the forecast period owing to ongoing industrialization and rapid constructional and infrastructural activities in developing economies.
Phenolic Resins Market Table Of Contents to be Continue……,
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