Press release
Phenolic Resins Market Global Analysis, Growth, Vendors, Shares, Size, Trends and Demand Outlook to 2023
Request sample report At :: https://www.psmarketresearch.com/market-analysis/phenolic-resins-market/report-sample
On the basis of application, the global phenolic resins market can be segmented into laminates, insulation, wood adhesives, molding compound, and others. The “others” section in the phenolic application segment include abrasives, rubber adhesives, friction materials, and general adhesives coatings.
On the basis of product, the global phenolic resins market can be segmented into novolac resins, resol resins, and others. Novolac resins are produced under acidic condition with excess phenol, while resol resins are produced under basic conditions with excess formaldehyde.
Phenolic resins are also known as phenol-formaldehyde resins, and act as synthetic polymers produced by the reaction of phenol or substituted phenol with formaldehyde under the presence of heat. Phenolic resins is widely used in wood adhesives, insulation, molding compounds, laminates, and other applications, owing to its good heat resistance, high tensile strength, low toxicity, low smoke, and flame retardant.
Geographically, Asia-Pacific is the largest market for phenolic resins, followed by North America and Europe. During the forecast period, the Asia-Pacific phenolic resins market is expected to grow at the fastest rate, which is driven by the increasing consumption of molding compounds in countries, such as India and China, and its ample use in construction applications.
Read summary of report At :: https://www.psmarketresearch.com/market-analysis/phenolic-resins-market
Some of the major competitors in the global phenolic resins market include Chang Chun Plastics Co. Ltd., BASF SE, Kolon Industries Inc., Hitachi Chemical Co. Ltd., Momentive Specialty Chemicals Inc., Georgia Pacific Chemicals LLC, Mitsui Chemicals Inc., Sumitomo Bakelite Co. Ltd, Georgia Pacific Chemicals LLC.
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.
Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
347, 5th Ave. #1402
New York City, NY – 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Connect with us: LinkedIn | Twitter | Google + | Facebook
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Phenolic Resins Market Global Analysis, Growth, Vendors, Shares, Size, Trends and Demand Outlook to 2023 here
News-ID: 1193257 • Views: …
More Releases from P&S Intelligence
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
More Releases for Phenolic
Phenolic Resins Powering Eco-Friendly Lightweight Automotive Solutions: Key Fact …
The Phenolic Resins Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Phenolic Resins Market Size During the Forecast Period?
There has been a robust increase in the size of the phenolic resins market in recent times. The market, valued at $14.17 billion…
Surging Phenolic Panel Market Fueled By Booming Construction Industry Growth Dri …
What industry-specific factors are fueling the growth of the phenolic panel market?
The expansion of the construction sector is predicted to surge the growth of the phenolic panel market in upcoming years. The construction sector is associated with manufacturing and trade work involved in creation, refurbishment, renovation, and maintenance of infrastructure. Phenolic panels, due to their adaptability and versatility, are replacing traditional materials like steel and wood, while offering durability over…
How Big is the Phenolic Resin Market
According to Fact.MR's newly released report on phenolic resins, the global market is expected to be worth USD 14,685.1 million in 2022, rising at a CAGR of around 5.4% between 2022 and 2032. Furthermore, Fact.MR expects the phenolic resins market to be worth more than USD 24,782.1 million by the end of 2032, owing to rising demand for phenolic resins in the building & construction and electrical & electronics industries.
enhanced…
Phenolic Resin Market to Reach USD 17.83 Billion by 2030 Driven by Properties of …
The global phenolic resin market is poised for significant growth, driven by the increasing demand for these versatile materials across various industries. According to a report by SNS Insider, the market size is expected to reach USD 17.83 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth is primarily fuelled by the rising demand for heat-resistant and durable materials in the automotive…
Phenolic Antioxidant Market: Anticipating Growth in Phenolic Additives (2023-202 …
Phenolic Antioxidant Market Set to Reach US$ 2.78 Billion by 2029
In 2022, the Phenolic Antioxidant Market recorded a valuation of US$ 1.96 billion, with expectations to surge at a Compound Annual Growth Rate (CAGR) of 5.10% over the forecast period, ultimately reaching US$ 2.78 billion by 2029. This revelation comes from a comprehensive market report aiming to provide insights, historical data, and industry-validated market projections.
Market Dynamics and Application Insights:
Phenolic antioxidants…
Global Phenolic Board Market Growth 2019-2024
LP INFORMATION offers a latest published report on Phenolic Board Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Phenolic Board market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,…
