Phenolic Resins Market Players Prefere Resins, Kolon Industries, Inc., Momentive Specialty Chemicals Inc.
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:
On the basis of end-use industries, global phenolic resin market is segmented as:
Electrical & Electronics Industry
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.
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.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
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: 638
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market
More Releases for Phenol
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
Para Amino Phenol (PAP) Market 2022 | Detailed Report
The research reports on “Para Amino Phenol (PAP) Market” report gives detailed overview of factors that affect global business scope. Para Amino Phenol (PAP) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team. Download FREE Sample
PF Phenol-methanal (Phenol-Formaldehyde) Market Outlook to 2026 - Top Companies …
A new research study has been presented by UpMarketResearch.com offering a comprehensive analysis on the Global PF Phenol-methanal (Phenol-Formaldehyde) Market where user can benefit from the complete market research report with all the required useful information about this market. The report discusses all major market aspects with expert opinion on current market status along with historic data. This market report is a detailed study on the growth, investment opportunities, market
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,
Global Epoxy Phenol Novolac Competition, Forecast & Opportunities 2019
Global Epoxy Phenol Novolac Market report is designed in a method that helps readers to acquire a complete knowledge about the overall market scenario for the projected period. This Market report consists of the brief profile of key players in the industry and their upcoming market plans and current developments during the forecasted period 2019 to 2025. The report of global Epoxy Phenol Novolac market includes the competitive landscape section which provides the full