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The Phenol Formaldehyde Resin market is a subset of the plastics industry. It is a thermosetting plastic, meaning that it is a polymer that sets irreversibly when heated. It is used in a variety of applications, including adhesives, coatings, laminates, and insulation. It is also used in the production of molded products, such as furniture, toys, and electrical components.
Phenol Formaldehyde Resin is a cost-effective material, and its properties make it suitable for a wide range of applications. It is highly resistant to heat, moisture, and chemicals, and it has excellent electrical insulation properties. It is also lightweight and has a low shrinkage rate.
The Phenol Formaldehyde Resin market is highly competitive, with many companies offering a variety of products. Some of the major players in the market include BASF, Dow Chemical, Huntsman Corporation, and Hexion. Other companies in the market include Ashland, Momentive, and Kukdo Chemical. Show Less Read more