Press release
Phenolic Resins Market Players Prefere Resins, Kolon Industries, Inc., Momentive Specialty Chemicals Inc.
Persistence Market Research (PMR)
Phenolic resins or phenol-formaldehyde resins are the synthetic polymers obtained by the polymerization of phenol and formaldehyde. Phenolic resins possess good physical and chemical properties such as high mechanical strength, low toxicity, good heat resistance, low smoke formation and high thermal stability. Due to such high properties, phenolic resins find their applications in myriad industrial products. From molded products such as billiard balls to coatings and adhesives, phenolic resins are used for different applications across various industries such as automotive, electrical & electronics, construction etc. Besides, by mixing phenolic resins with other polymer, they can also be used in applications like corrosion coating, adhesive, etc. Due to their rising demand from various industries, the global phenolic resins market is expected to register high growth rate over the forecast period of 2016-2026.
Global Phenolic Resins Market Dynamics
Construction, automotive, furniture and electrical & electronics industry are the major end-use sectors for phenolic resins. The holistic growth in these industries is expected to drive the demand for phenolic resins in the global market. Phenolic resins find their huge application in different wood products, which is majorly driven by the construction industry growth. Construction industry, which slowed down during 2014-2015, is expected to return to its growth phase post 2016. The growing construction industry output is further expected to have a positive impact on the global phenolic resins market through 2026. Moreover, increase in demand for various molded products in automotive and aerospace industry is also expected to contribute to the global phenolic resins demand through the forecast period.
Request Report Sample@ https://www.persistencemarketresearch.com/samples/11146
Volatility in raw material prices is a major challenging factor for the growth of phenolic resins market. With global focus growing towards the development of green and sustainable products, bio-based resins are expected to gain popularity among consumers, which could also hamper the growth of the conventional synthetic phenolic resins market.
Global Phenolic resins Market Segmentation
Global phenolic resins market is segmented on the basis of type, application, end-use industry and region.
On the basis of type, global phenolic resin market is segmented as the following
Novolacs (formaldehyde: Phenol < 1)
Resoles (formaldehyde: Phenol > 1)
Modified Phenolic Resins.
On the basis of application, global phenolic resin market is classified as:
Wood-adhesives
Insulation
Lamination
Molding compound
Others
On the basis of end-use industries, global phenolic resin market is segmented as:
Furniture Industry
Automotive Industry
Electrical & Electronics Industry
Construction Industry
Others
Global Phenolic Resins Market: Regional Outlook
Regionally, global phenolic resins market is segmented into seven key regions, namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa and Japan. APEJ is expected to emerge as one of the fastest growing regions in the global phenolic resins market due to high rise in demand from construction and furniture industry, majorly in China and India. China is expected to remain a prominent consumer of phenolic resins in the global market throughout the forecast period.
Visit For TOC@ https://www.persistencemarketresearch.com/toc/11146
Global Phenolic Resins Market Players:
Some of the key player of global phenolic resins market are Chang Chun Plastics Co. Ltd., Mitsui Chemicals Inc., Georgia Pacific Chemicals LLC, Prefere Resins, Kolon Industries, Inc., Momentive Specialty Chemicals Inc., SI Group, Sumitomo Bakelite Co. Ltd, BASF SE, Hitachi Chemical Co. Ltd., and others.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Players Prefere Resins, Kolon Industries, Inc., Momentive Specialty Chemicals Inc. here
News-ID: 1373138 • Views: …
More Releases from Persistence Market Research
Women Wear Market Outlook Style Innovation Driving Strong Growth
Introduction
The women wear market has undergone remarkable transformation in recent years, shaped by evolving fashion preferences, rising digital influence, and a growing focus on comfort, sustainability, and self-expression. Women across age groups are increasingly demanding apparel that blends aesthetics, functionality, and versatility-whether for work, travel, casual outings, or special occasions. The sector spans a wide range of categories, including ethnic wear, western wear, activewear, intimate apparel, and fast-fashion collections, each…
Luggage Market Growing at 5.8% CAGR, Hitting US$88.2 Bn by 2032
Introduction
The global luggage market has experienced steady transformation in recent years, fueled by rising travel frequency, growth in international tourism, and increasing consumer preference for durable, stylish, and technologically advanced luggage solutions. From business travelers and frequent flyers to leisure tourists and students, demand for high-quality suitcases, duffel bags, backpacks, and travel accessories continues to rise. The evolution of lightweight materials, smart luggage features, and improved ergonomics has significantly enhanced…
Skin Toner Market to Reach US$2 Bn by 2030, Driven by 5.3% CAGR
Introduction
The global skincare industry continues to evolve rapidly, driven by rising consumer awareness, demand for clean beauty products, and growing emphasis on daily skincare routines. Within this dynamic environment, the skin toner market has gained significant traction as consumers increasingly prioritize products that enhance hydration, balance skin pH levels, and prepare the skin for better absorption of serums and moisturizers. Modern skin toners-formulated with botanical extracts, antioxidants, hyaluronic acid, and…
Wearable Electronics Market Set to Surge to US$ 172.8 Bn by 2032 - PMR Report
Introduction
The global wearable electronics market is witnessing remarkable growth as consumer demand for smart, connected, and health-oriented devices continues to rise. These devices-including smartwatches, fitness trackers, smart clothing, AR/VR headsets, and wearable medical sensors-are becoming integral to daily life due to their ability to track health metrics, enhance communication, improve productivity, and deliver immersive digital experiences. Advancements in miniaturized sensors, low-power electronics, and wireless connectivity technologies are accelerating the adoption…
More Releases for Phenol
Phenol Price Index and Market Insights
Phenol, a critical raw material in numerous industries, plays a vital role in producing resins, plastics, and pharmaceuticals. Keeping track of the Phenol Price Index is essential for stakeholders to remain competitive and informed about market trends. This article delves into the latest updates, historical data, forecasts, and regional analysis to provide a comprehensive overview of the phenol market.
Phenol Price Trend Report: https://www.procurementresource.com/resource-center/phenol-price-trends
Prices: Latest Updates
The phenol market has witnessed significant…
Phenol Market Report - Size, Share, Growth & Analysis | 2032
Phenol stands tall as a pivotal compound with multifaceted applications across various sectors. The phenol market, propelled by its extensive utility in pharmaceuticals, plastics, and other industries, is poised for significant growth in the forecast period of 2024-2032. This article delves into the comprehensive analysis of the phenol market, encompassing its size, share, growth trajectory, industry segmentation, key trends, and the outlook for the future, alongside profiling key players shaping…
Phenol Oil Market Soaring Worldwide( Forecast Period 2023-2029) With Top Player: …
The global Phenol Oil market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Phenol Oil market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the global…
Polyisobutylene Phenol Market 2022 | Detailed Report
The Polyisobutylene Phenol research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Polyisobutylene Phenol research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5390010…
PF Phenol-methanal (Phenol-Formaldehyde) Market 2022 | Detailed Report
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the PF Phenol-methanal (Phenol-Formaldehyde) industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The PF Phenol-methanal (Phenol-Formaldehyde) market survey report has been prepared by conducting market research in a systematic manner. Moreover, the PF Phenol-methanal (Phenol-Formaldehyde) report includes a…
PF Phenol-methanal (Phenol-Formaldehyde) Market Growth, Emerging Trends, Top Key …
"The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the Global PF Phenol-methanal (Phenol-Formaldehyde) Market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global PF Phenol-methanal (Phenol-Formaldehyde) market. The authors of the report have segmented the global PF Phenol-methanal (Phenol-Formaldehyde) market as per product,…
