Market Research Report
Phenolic Resin Market Report: Trends, Forecast and Competitive Analysis
|Published by||Lucintel||Product code||306545|
|Published||Content info||204 Pages
Delivery time: 1-2 business days
|Phenolic Resin Market Report: Trends, Forecast and Competitive Analysis|
|Published: January 1, 2018||Content info: 204 Pages||
The future of the global phenolic resin market is attractive with opportunities in the wood adhesive, molding compound, laminate, insulation, paper impregnation, and coating applications. The global phenolic resin market is expected to reach an estimated $15.0 billion by 2022 and it is forecast to grow at a CAGR of 5.0% from 2017 to 2022. The major drivers for growth in this market are increasing use of materials with fire retardant, heat resistant, and anti-corrosive properties in end use applications.
Emerging trends, which have a direct impact on the dynamics of the phenolic resin industry, include the development of bio based phenolic resin, and increased penetration of phenolic resin in applications where fire, smoke, and toxicity properties are required.
A total of 138 figures / charts and 89 tables are provided in this 204 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this phenolic resin market report, download the report brochure.
Phenolic Resin Market TrendsPhenolic Resin Market ForecastGrowth Opportunities for the Global Phenolic Resin Market by Region
Phenolic Resin Market by Application (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
Wood adhesive Molding compound Laminate Insulation Coating Paper Impregnation Others
Phenolic Resin Market by End Use Industry (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
Construction Transportation Electrical and Electronics Furniture Industrial Others
Phenolic Resin Market by Resin Type (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
Resol phenolic resin Novolac and other phenolic resin
Phenolic Resin Market by Region (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
North America Europe APAC ROW
Phenolic Resin Market by Country (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
North America US Canada Mexico Europe Western Europe Central/Eastern Europe Asia Pacific China Japan India Taiwan Republic of Korea Others ROW Middle East Central/South America
Some of the phenolic resin companies profiled in this report include Hexion, Shandong Shengquan Chemical Co, Si Group, Sumitomo Bakelite, and Georgia-Pacific and others.
On the basis of its comprehensive research, Lucintel forecasts that molding compound is expected to remain the largest application segment by value due to high heat resistance, mechanical strength and electrical properties and is used in automotive, aerospace, electronics and industrial market. Wood adhesive will experience the highest growth over the forecast period supported by increasing demand for adhesives in furniture, water proof construction panels, beams, and marine plywood.
Construction, transportation, electrical & electronic, and furniture are the major end use industries. Construction is expected to be the largest market by value and volume, and will experience the highest growth over the forecast period.
Asia Pacific (APAC) is expected to remain the largest region by value and volume. North America is expected to experience the highest growth over the forecast period due to growth in end use industries.
Figure 7.6: Strategic Initiatives by Major Competitors in Global Phenolic Resin Market