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| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 16.64 billion | 4.50% | Asia Pacific |
| By Type | By Application Type | By End Use Industry | By Region |
|---|---|---|---|
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SCOPE OF THE REPORT
Phenolic Resin Market Overview
The global phenolic resin market is expected to grow at 4.50% CAGR from 2023 to 2029. It is expected to reach above USD 16.64 billion by 2029 from USD 11.19 billion in 2022.
Phenolic resins, commonly known as phenol–formaldehyde resins, are synthetic polymers created by the high-temperature reaction of phenol or substituted phenol with formaldehyde. Wood adhesives, moulding compounds, and laminates all benefit from them. The resins have good flame-retardant qualities, as well as strong tensile strength, heat resistance, and low toxicity.
The addition polymerization of phenol with formaldehyde is either acid-catalysed (Novolac) or base-catalysed (Resol) to produce phenolic resins. As a result, there are two types of phenolic resins in the world: Resol and Novolac. To fit specific applications, both Resol and Novolac resins go through a variety of chemical transformations. Other monomers are typically added to the resin system to provide new functionality to the end product resin system. Phenolic resins are used in the manufacture of rubber-based adhesives as a tackifier to increase mechanical strength and tackiness. A tackifier increases the stickiness of a surface in an adhesive. Phenolic resins are a particularly important family of adhesives since they are relatively affordable and come in both liquid formulations and film. Banks, stations, and airports employ phenolic laminates for counters and interior walls. In building thermal insulation, phenolic resin-based insulation panels are employed. It has excellent fore, smoke, and toxicity performance.
| ATTRIBUTE | DETAILS |
| Study period | 2023-2029 |
| Base year | 2022 |
| Estimated year | 2023 |
| Forecasted year | 2023-2029 |
| Historical period | 2018-2021 |
| Unit | Value (USD Billion) |
| Segmentation | By Type, By Application, End-Use Industry, By Region |
| By Type |
|
| By Application |
|
| End Use Industry |
|
| By Region |
|
The emergence of COVID-19 and the subsequent stoppage of different industries around the world has had a significant impact on the market for phenolic resins. In the early months of 2020, supply shortages, lockdowns, and production suspensions impacted the construction and automobile industries in major countries. Because of the pandemic’s lockdowns and restrictions, there was little demand for new automobiles in pandemic-affected countries.
The phenolic resins market is being driven by a rise in demand from the construction and transportation industries, as well as an increase in the use of phenolic resins in nanotechnology and an increase in the need for phenolic resins for decorative and industrial laminates, among other factors. Furthermore, in the forecast period of 2021-2029, an increase in research and development efforts will generate new chances for the phenolic resins market.
However, among other factors acting as restraints, the volatility in crude oil prices and the rise in environmental laws surrounding formaldehyde emissions are the primary factors that would further challenge the growth of the phenolic resins market during the forecast period.
Controlling the pricing of raw materials and equipment necessary for wood adhesives is a big challenge for players all over the world. It is vital to keep prices moderate in order to keep wood adhesives affordable. To ensure that end product prices are affordable, raw material and labor expenses must be acceptable.
These phenolic resins market shows recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geography, and more.
Phenolic Resin Market Segment Analysis
On the basis of type the market is segmented into Resol, Novolac. Based on the application segment the market of phenolic resin is segmented into wood adhesives, laminates, foundry & moldings, paper impregnation, coatings, insulations. On the basis of end use industry, the market is bifurcated into automotive and transportation, consumer electronics, building and construction, oil and gas, furniture, and other.
Resol hold the largest sector in the phenolic resin market due to its economic effectiveness, increased characteristics, and wide range of applications in a variety of end-use industries. Exterior plywood-oriented strand board (OSB), engineered laminated composite lumber (LCL), engineered woods, and adhesives are just a few of the many uses for resol resin. Resol resin is in high demand around the world, thanks to rising demand from the automotive and building and construction industries.
The use of phenolic resin in wood adhesives is one of the fastest-growing applications. The surge in demand for wood adhesives is mostly driven by the expanding construction industry. In the wood adhesives segment, the plywood subsegment has the largest market share. The region with the biggest proportion of the wood adhesive market is Asia Pacific. The demand for phenolic resins in the region is predicted to rise dramatically as a result of the existence of developing economies such as India, South Korea, and Indonesia.
Because of its widespread use in the automobile industry, the automotive segment has a substantial market share. Product demand in the automotive industry is predicted to rise as demand for lightweight and electric vehicles grows in order to minimize oil consumption and improve vehicle performance. Furthermore, phenolic molding materials are utilized in appliances and home goods products that require heat protection, such as steaming iron skirts, cookware knobs and handles, ovens, toasters, and others.
Phenolic Resin Market Players
Bakelite Synthetics, Sumitomo Bakelite Company Limited, SI Group Inc., Jinan Shengquan Group Share Holding Co., Ltd., Ashland Global Holdings, Inc., BASF SE, Georgia-Pacific Chemicals’, DIC Corp, Hexcel Corporation, Akrochem Corporation are the leading players operating in the phenolic resin market.
These companies have adopted various organic as well as inorganic growth strategies 2021 to strengthen their position in the market. New product development, merger & acquisition, and expansion were among the key growth strategies adopted by these leading players to enhance their product offering and regional presence and meet the growing demand for phenolic resin in the emerging economies.
Recent News:
- In 2021, Bakelite Synthetics entered into a definitive agreement to sell Hexion its Phenolic Specialty Resin, Hexamine, and European-based Forest Products Resins businesses for approximately USD 425 million to Black Diamond and Invest industrial.
- In 2021, Sumitomo Bakelite Company Limited have developed phenolic resin sheet which has high heat resistance, good adhesive property to fillers and high char yield as well as ordinary phenolic resin. It is effective for long storage and decreasing VOC.
Who Should Buy? Or Key Stakeholders
- Chemicals & Materials manufacturers
- Phenolic resin suppliers
- Chemical companies
- Investors
- Manufacturing companies
- Research institutes
- Others
Phenolic Resin Market Regional Analysis
The global phenolic resin market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The phenolic resin market in APAC is expected to develop at the fastest rate. The increased investment in the region’s building and construction, as well as the automotive industry, can be credited to the expansion of the APAC phenolic resin market. Furthermore, as the strongest regional market, phenolic resin makers are focusing on this region. China is the region’s leading producer and consumer of phenolic resins. Emerging economies such as Japan, India, and Thailand are also important markets in the region.
Key Market Segments: Global Phenolic Resin Market
Global Phenolic Resin Market by Type, 2023-2029, (USD Million) (Kilotons)
- Resol
- Novolac
Global Phenolic Resin Market By Application Type, 2023-2029, (USD Million) (Kilotons)
- Wood Adhesives
- Laminates
- Foundry & Moldings
- Paper Impregnation
- Coatings
- Insulations
Global Phenolic Resin Market by End Use Industry, 2023-2029, (USD Million) (Kilotons)
- Automotive and Transportation
- Consumer Electronics
- Building and Construction
- Oil and Gas
- Furniture
- Other
Global Phenolic Resin Market by Region, 2023-2029, (USD Million) (Kilotons)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Key Question Answered
- What are the growth opportunities related to the adoption of phenolic resin market across major regions in the future?
- What are the new trends and advancements in the phenolic resin market?
- Which product categories are expected to have highest growth rate in the phenolic resin market?
- Which are the key factors driving the phenolic resin market?
- What will the market growth rate, growth momentum or acceleration the market carries during the forecast period?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Phenolic Resin Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Global Phenolic Resin Market
- Global Phenolic Resin Market Outlook
- Global Phenolic Resin Market by Type
- Resol
- Novolac
- Global Phenolic Resin Market by Application
- Wood Adhesives
- Laminates
- Foundry & Moldings
- Paper Impregnation
- Coatings
- Insulations
- Global Phenolic Resin Market by End Use Industry
- Automotive and Transportation
- Consumer Electronics
- Building and Construction
- Oil and Gas
- Furniture
- Other
- Global Phenolic Resins Market by Region
- Introduction
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- South-East Asia
- Rest of Asia-Pacific
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- Middle- East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle- East and Africa
- Company Profiles* (Business Overview, Company Snapshot, Product Types Offered, Recent Developments)
- Bakelite Synthetics
- Sumitomo Bakelite Company Limited
- SI Group Inc.
- Jinan Shengquan Group Share Holding Co., Ltd.
- Ashland Global Holdings, Inc.
- BASF SE
- Georgia-Pacific Chemicals
- DIC Corp
- Hexcel Corporation
- Akrochem Corporation *The Company List Is Indicative
LIST OF TABLES
TABLE 1 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 2 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 3 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 4 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 5 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 6 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 7 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY REGION (USD MILLIONS), 2020-2029 TABLE 8 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL PHENOLIC RESIN MARKET BY REGION (KILOTONS), 2020-2029 TABLE 9 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY COUNTRY (USD MILLIONS), 2020-2029 TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY COUNTRY (KILOTONS), 2020-2029 TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â US PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â US PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â US PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â US PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â US PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â US PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PHENOLIC RESIN MARKET BY TYPE (MILLIONS), 2020-2029 TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY COUNTRY (USD MILLIONS), 2020-2029 TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY COUNTRY (KILOTONS), 2020-2029 TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY COUNTRY (USD MILLIONS), 2020-2029 TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY COUNTRY (KILOTONS), 2020-2029 TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 100Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 101Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 102Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 103Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 104Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 105Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 106Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 107Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 108Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 109Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 110Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 112Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 113Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 114Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 115Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 116Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 117Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY COUNTRY (USD MILLIONS), 2020-2029 TABLE 118Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY COUNTRY (KILOTONS), 2020-2029 TABLE 119Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 120Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 121Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 122Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 123Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 124Â Â Â Â Â Â Â Â Â Â Â EUROPE PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 125Â Â Â Â Â Â Â Â Â Â Â GERMANY PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 126Â Â Â Â Â Â Â Â Â Â Â GERMANY PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 127Â Â Â Â Â Â Â Â Â Â Â GERMANY PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 128Â Â Â Â Â Â Â Â Â Â Â GERMANY PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 129Â Â Â Â Â Â Â Â Â Â Â GERMANY PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 130Â Â Â Â Â Â Â Â Â Â Â GERMANY PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 131Â Â Â Â Â Â Â Â Â Â Â UK PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 132Â Â Â Â Â Â Â Â Â Â Â UK PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 133Â Â Â Â Â Â Â Â Â Â Â UK PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 134Â Â Â Â Â Â Â Â Â Â Â UK PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 135Â Â Â Â Â Â Â Â Â Â Â UK PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 136Â Â Â Â Â Â Â Â Â Â Â UK PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 137Â Â Â Â Â Â Â Â Â Â Â FRANCE PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 138Â Â Â Â Â Â Â Â Â Â Â FRANCE PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 139Â Â Â Â Â Â Â Â Â Â Â FRANCE PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 140Â Â Â Â Â Â Â Â Â Â Â FRANCE PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 141Â Â Â Â Â Â Â Â Â Â Â FRANCE PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 142Â Â Â Â Â Â Â Â Â Â Â FRANCE PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 143Â Â Â Â Â Â Â Â Â Â Â ITALY PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 144Â Â Â Â Â Â Â Â Â Â Â ITALY PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 145Â Â Â Â Â Â Â Â Â Â Â ITALY PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 146Â Â Â Â Â Â Â Â Â Â Â ITALY PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 147Â Â Â Â Â Â Â Â Â Â Â ITALY PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 148Â Â Â Â Â Â Â Â Â Â Â ITALY PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 149Â Â Â Â Â Â Â Â Â Â Â SPAIN PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 150Â Â Â Â Â Â Â Â Â Â Â SPAIN PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 151Â Â Â Â Â Â Â Â Â Â Â SPAIN PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 152Â Â Â Â Â Â Â Â Â Â Â SPAIN PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 153Â Â Â Â Â Â Â Â Â Â Â SPAIN PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 154Â Â Â Â Â Â Â Â Â Â Â SPAIN PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 155Â Â Â Â Â Â Â Â Â Â Â RUSSIA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 156Â Â Â Â Â Â Â Â Â Â Â RUSSIA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 157Â Â Â Â Â Â Â Â Â Â Â RUSSIA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 158Â Â Â Â Â Â Â Â Â Â Â RUSSIA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 159Â Â Â Â Â Â Â Â Â Â Â RUSSIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 160Â Â Â Â Â Â Â Â Â Â Â RUSSIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 161Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 162Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 163Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 164Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 165Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 166Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 167Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY COUNTRY (USD MILLIONS), 2020-2029 TABLE 168Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY COUNTRY (KILOTONS), 2020-2029 TABLE 169Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 170Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 171Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 172Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 173Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 174Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 175Â Â Â Â Â Â Â Â Â Â Â UAE PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 176Â Â Â Â Â Â Â Â Â Â Â UAE PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 177Â Â Â Â Â Â Â Â Â Â Â UAE PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 178Â Â Â Â Â Â Â Â Â Â Â UAE PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 179Â Â Â Â Â Â Â Â Â Â Â UAE PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 180Â Â Â Â Â Â Â Â Â Â Â UAE PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 181Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 182Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 183Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 184Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 185Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 186Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 187Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 188Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 189Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 190Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 191Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 192Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029 TABLE 193Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY TYPE (USD MILLIONS), 2020-2029 TABLE 194Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY TYPE (KILOTONS), 2020-2029 TABLE 195Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY APPLICATION (USD MILLIONS), 2020-2029 TABLE 196Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY APPLICATION (KILOTONS), 2020-2029 TABLE 197Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (USD MILLIONS), 2020-2029 TABLE 198Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA PHENOLIC RESIN MARKET BY END USE INDUSTRY (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1             MARKET DYNAMICS FIGURE 2             MARKET SEGMENTATION FIGURE 3             REPORT TIMELINES: YEARS CONSIDERED FIGURE 4             DATA TRIANGULATION FIGURE 5             BOTTOM-UP APPROACH FIGURE 6             TOP-DOWN APPROACH FIGURE 7             RESEARCH FLOW FIGURE 8             GLOBAL PHENOLIC RESIN MARKET BY TYPE, USD MILLION, 2020-2029 FIGURE 9             GLOBAL PHENOLIC RESIN MARKET BY APPLICATION, USD MILLION, 2020-2029 FIGURE 10          GLOBAL PHENOLIC RESIN MARKET BY END USE INDUSTRY, USD MILLION, 2020-2029 FIGURE 11          GLOBAL PHENOLIC RESIN MARKET BY REGION, USD MILLION, 2020-2029 FIGURE 12          PORTER’S FIVE FORCES MODEL FIGURE 13          GLOBAL PHENOLIC RESIN MARKET BY TYPE, USD MILLION, 2020-2029 FIGURE 14          GLOBAL PHENOLIC RESIN MARKET BY APPLICATION, USD MILLION, 2020-2029 FIGURE 15          GLOBAL PHENOLIC RESIN MARKET BY END USE INDUSTRY, USD MILLION, 2020-2029 FIGURE 16          GLOBAL PHENOLIC RESIN MARKET BY REGION, USD MILLION, 2020-2029 FIGURE 17          PHENOLIC RESIN MARKET BY REGION 2021 FIGURE 18          MARKET SHARE ANALYSIS FIGURE 19          BAKELITE SYNTHETICS: COMPANY SNAPSHOT FIGURE 20          SUMITOMO BAKELITE COMPANY LIMITED: COMPANY SNAPSHOT FIGURE 21          SI GROUP INC: COMPANY SNAPSHOT FIGURE 22          JINAN SHENGQUAN GROUP SHARE HOLDING CO., LTD: COMPANY SNAPSHOT FIGURE 23          ASHLAND GLOBAL HOLDINGS, INC: COMPANY SNAPSHOT FIGURE 24          BASF SE: COMPANY SNAPSHOT FIGURE 25          GEORGIA-PACIFIC CHEMICALS’: COMPANY SNAPSHOT FIGURE 26          DIC CORP: COMPANY SNAPSHOT FIGURE 27          HEXCEL CORPORATION: COMPANY SNAPSHOT FIGURE 28          AKROCHEM CORPORATION: COMPANY SNAPSHOT
FAQ
The phenolic resin market size had crossed 11.19 billion in 2020 and will observe a CAGR 4.50% up to 2029 and is driven by a rise in demand from the construction and transportation industries, as well as an increase in the use of phenolic resins in nanotechnology
APAC held more than 35 % of the phenolic resin market revenue share in 2020 and is driven by the factors like increased investment in the region’s building and construction, as well as the automotive industry.
The upcoming trends in phenolic resin market is increase in demand for molding applications.
The global phenolic resin market registered a CAGR of 4.50 % from 2022 to 2029. The wood adhesives segment was the highest revenue contributor to the market.
It is used in the manufacture of rubber-based adhesives as a tackifier to increase mechanical strength and tackiness.
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