"Phenolic Resin Market: A Comprehensive Analysis of Global Trends and Growth Opportunities"2029


Posted September 15, 2023 by poojammr

Phenolic Resin market is expected to reach US$ 22.57 Bn. in 2029, with a CAGR of 5.5% for the period 2023-2029, because of the high demand for phenolic from the various end-use industries.
 
Phenolic Resin market Report Scope and Research Methodology :

Our research methodology combines extensive data collection and analysis to present valuable insights. We employ a blend of primary and secondary research methods to ensure the accuracy and reliability of our findings. This approach allows us to offer an in-depth understanding of market trends and dynamics.

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Phenolic Resin market Dynamics:

The high demand for phenolic resin in diverse end-use industries, particularly the automotive sector, is driving significant market growth. Phenolic resin's exceptional properties, such as heat resistance, lightweight, fire retardancy, and impact resistance, make it a preferred choice in single-vehicle applications, contributing to the market's expansion. Additionally, stringent regulations promoting energy efficiency and the need for low-density materials for thermal insulation and durability are further propelling the market.

Phenolic Resin market Regional Insights:

The Asia Pacific region is expected to witness the highest CAGR of over 4.4% during the forecast period, primarily due to rapid growth in sectors like consumer goods, automotive, construction, and aerospace. Meanwhile, developed economies in Europe and North America are anticipated to experience a resurgence in automobile production, leading to increased demand for phenolic resins in various applications.

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Phenolic Resin market Segmentation:

by Product Type
Resol resin
Liquid Resol resin
Solid Resol resin
Novolac resin
Others (Bio-phenolic resin, cresol resin, free-formaldehyde • phenolic resin)

by Application
Wood adhesives
Foundry
Molding
Laminates
Insulation
Paper Impregnation
Coatings
Others

Phenolic Resin market Key Players:

1.Hexion Inc.
2. Hitachi Chemical Co. Ltd.
3. Sumitomo Bakelite Co. Ltd.
4. BASF SE
5. SI Group Inc.
6. DIC Corporation Inc.
7. Kolon Industries Inc.
8. Shandong Laiwu new material Co. Ltd.
9. Changshu South-East Plastic Co., Ltd.
10. Mitsui Chemicals Inc.
11. Georgia Pacific Chemicals LLC
12. Prefere Resins
13. Plastics Engineering Company
14. RPM International Inc.
15. KCC Corporation
16. Altex Coatings Inc.
17. Nippon Paint Marine Coatings Co., Ltd.
18. Others

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Table of content for the Phenolic Resin market includes:



Global Phenolic Resin market: Research Methodology


Global Phenolic Resin market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Phenolic Resin market: Competitive Analysis


MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact


Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments


Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by growth and trend
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By mmr
Country India
Categories Advertising , Affiliate Program , Automotive
Tags phenolic resin market , phenolic resin market size , phenolic resin market share , phenolic resin market analysis , phenolic resin market trends
Last Updated September 15, 2023