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The phenolic resin market is forecasted to grow by USD 4.16 billion during 2023-2028, accelerating at a CAGR of 5.21% during the forecast period. The report on the phenolic resin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for phenolic resins in the automotive industry, the growing need in developing nations for phenolic resins, and the advantages of phenolic resins boosting phenolic resin market growth.
The phenolic resin market is segmented as below:
By Product
- Novolac resin
- Resol resin
- Others
By Application
- Molding
- Insulation
- Wood adhesives
- Laminates
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the phenolic resin market covers the following areas:
- Phenolic resin market sizing
- Phenolic resin market forecast
- Phenolic resin market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global phenolic resin market: Akrochem Corp., Ashland Inc., Bakelite GmbH, BASF SE, Bostik Ltd., Chevron Corp., DIC Corp., DL Chemical, Georgia Pacific LLC, Hexcel Corp., Jinan Shengquan Group Share Holding Co Ltd, Kolon Industries Inc., Mitsui Chemicals Inc., PJSC LUKOIL, Shandong Laiwu Runda New Material Co. Ltd., Shell plc, SI Group Inc., Sumitomo Bakelite Co. Ltd., Prefere Resins Holding GmbH, and Sasol Ltd..Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is increasing introduction of substitutes for phenolic resin manufacturing.'
According to the report, one of the major drivers for this market is the increasing demand for phenolic resins in automotive industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akrochem Corp.
- Ashland Inc.
- Bakelite GmbH
- BASF SE
- Bostik Ltd.
- Chevron Corp.
- DIC Corp.
- DL Chemical
- Georgia Pacific LLC
- Hexcel Corp.
- Jinan Shengquan Group Share Holding Co Ltd
- Kolon Industries Inc.
- Mitsui Chemicals Inc.
- PJSC LUKOIL
- Shandong Laiwu Runda New Material Co. Ltd.
- Shell plc
- SI Group Inc.
- Sumitomo Bakelite Co. Ltd.
- Prefere Resins Holding GmbH
- Sasol Ltd.
