Press release
Phenolic Resins Market Highlights Key Development Factors and Upcoming Trends during forecast 2020-2024 | Estimated with Top Key Players - Hexion, Sbhpp, SI Group, Jinan Shengquan Group, Tong Cheng
Phenolic Resins Market
Global Phenolic Resins Market overview:
BusinessIndustryReports have new report spread across 96 pages is an overview of the Global Phenolic Resins Market Report 2020. The Global Phenolic Resins Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/237701.
The growing automotive industry mainly drives the Phenolic Resin Market. The increase in demand for tires is also contributing to the growth of the market. Environmental regulation regarding formaldehyde emission is the key restraint to the growth of the phenolic resin market. Adoption of new nanotechnology created various opportunities for phenolic resin manufacturers. The Global Phenolic Resins Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Phenolic Resins Market is sub segmented into Thermoplastic Phenolic Resin, Thermosetting Phenolic Resin.
Based on End Use Industry segment, the Phenolic Resins Market is sub segmented into Wood Adhesives, Foundry, Molding, Abrasive Material, Insulation. The increasing use of phenolic resin in applications such as brake pads, drum linings, clutch facing, and disc brake is driving the market in the automotive segment. In the automotive end-use industry, phenolic resin is mainly used in disk brake caliper piston, brake linings, clutch facing, automotive felts, brake pads, drum linings, oil filters, and under-the-hood parts (engine, transmission, and brake parts). Phenolic resin is widely used in the automotive industry to improve reinforcement, vulcanization, and formability. It offers superior heat resistance, high friction resistance, and adhesive performance, making it suitable for use in brake linings, clutch plates, and disc brake pads
The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. followed by substantial investment in industries such as automotive, building & construction, furniture, and electrical & electronics. Asia-Pacific is the most promising market and is expected to be the same in the coming years. The continuous rise in the manufacturing of products for use in the region and exports drives the demand for phenolic resin. With economic contraction and saturation in the European and North American markets, demand is shifting to the Asia-Pacific region.
Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America is the largest market for Phenolic Resins followed by Asia-Pacific. The increasing demand from the water treatment segment coupled with the rising demand from reviving Technology industry is driving the market for Phenolic Resins in North America.
Some of the Phenolic Resins Market manufacturers involved in the market are Hexion, Sbhpp, SI Group, Jinan Shengquan Group, Tong Cheng, Allnex Belgium, Metadynea International, Georgia-Pacific Chemicals, Chang Chun Group, Prefere Resins, Kolon Industries, Plenco, Shandong Laiwu Runda, UCP Chemicals AG, Lerg SA, Aica Kogyo, BASF, Mitsui Chemicals, Acquisitions and effective mergers are some of the strategies adopted by the Phenolic Resins Market manufacturers. New product launches and continuous technological innovations are the Phenolic Resins Market strategies adopted by the major players.
Latest Industry Updates:
Hexion Inc. to Raise Prices for Epoxy Resins in Europe, The Middle East, Africa and India Hexion Inc. ("Hexion" or the "Company") today announced that it will increase all off-list pricing for the following epoxy resins in Europe, The Middle East, Africa and India (EMEAI) regions effective February 1, 2020, or as contracts allow. This price adjustment is primarily driven by increases in key raw material costs. All other terms and conditions of sale remain unchanged. Hexion account managers will contact customers to discuss this announcement in more detail.
Based in Columbus, Ohio, Hexion Inc. is a global leader in thermoset resins. Hexion Inc. serves the global adhesive, coatings, composites and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries.
Buy Phenolic Resins Market analysis & forecast 2020-2024 Report along with complete TOC@ https://www.businessindustryreports.com/buy-now/237701/single.
Key Questions Answered in this Report:
1 The study provides an in-depth analysis of the global Phenolic Resins Market and current & future trends to elucidate the imminent investment pockets.
2 Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
3 Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
4 The quantitative analysis of the global market from 2016 to 2024 is provided to determine the market potential.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of HD Map in these regions, from 2013 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America. followed by substantial investment in industries such as automotive, building & construction, furniture, and electrical & electronics. Asia-Pacific is the most promising market and is expected to be the same in the coming years. The continuous rise in the manufacturing of products for use in the region and exports drives the demand for phenolic resin. With economic contraction and saturation in the European and North American markets, demand is shifting to the Asia-Pacific region.
Get Attractive Discount @ https://www.businessindustryreports.com/check-discount/237701.
Table of Contents:
1 Phenolic Resins Definition
2 Global Phenolic Resins Market Major Player Share and Market Overview
3 Major Player Phenolic Resins Business Introduction
4 Global Phenolic Resins Market Segmentation (Region Level)
5 Global Phenolic Resins Market Segmentation (Product Type Level)
6 Global Phenolic Resins Market Segmentation (Industry Level)
7 Global Phenolic Resins Market Segmentation (Channel Level)
8 Phenolic Resins Market Forecast 2020-2024
9 Phenolic Resins Segmentation Type
10 Phenolic Resins Segmentation Industry
11 Phenolic Resins Cost Analysis
12 Conclusion
About us
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined - we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
Media Contact
Business Industry Reports
Pune - India
sales@businessindustryreports.com
+19376349940
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 Highlights Key Development Factors and Upcoming Trends during forecast 2020-2024 | Estimated with Top Key Players - Hexion, Sbhpp, SI Group, Jinan Shengquan Group, Tong Cheng here
News-ID: 1942233 • Views: …
More Releases from Business Industry Reports
Tetracaine Market Exhibits a Lucrative Growth Potential during 2021-2025 | Endo …
BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Tetracaine Market” Research Report 2021 provides an in-depth analysis of the Tetracaine with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Tetracaine on the basis of a number of criteria,…
Cyber Warfare Market Evenly Poised To Reach A Market Value of US$ By Share, Size …
Overview of Global Cyber Warfare Market:
This report provides in-depth study of “Global Cyber Warfare Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cyber Warfare Market report also provides an in-depth survey of key players in the market organization.
According to the market research study, the Cyber Warfare is virtual conflict between state, organization, or country by the use of computer technology to disrupt activities…
Covid-19 Impact on Cranio Maxillofacial Implant Market 2021-2025: Business Growt …
Overview of Global Cranio Maxillofacial Implant Market:
This report provides in-depth study of “Global Cranio Maxillofacial Implant Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cranio Maxillofacial Implant Market report also provides an in-depth survey of key players in the market organization.
According to the market research study, Craniomaxillofacial Implants are medical implants used in surgeries of maxillofacial region such as, head, face, neck, oral,…
Beginning of the bloom: The Rise of the Biohacking Market 2021-2025 | Global Key …
Global Biohacking Market Synopsis:
The report covers a forecast and an analysis of the Biohacking Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Biohacking Market along with the impact they have on the demand over the forecast…
More Releases for Resin
Polyethylene Naphthalate Resin (PEN Resin) Market 2022 | Detailed Report
The research reports on "Polyethylene Naphthalate Resin (PEN Resin) Market" report gives detailed overview of factors that affect global business scope. Polyethylene Naphthalate Resin (PEN Resin) 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…
Carbon Fiber Prepreg Market Research Report: Resin (Epoxy Resin, Phenolic Resin, …
Synopsis of Carbon Fiber Prepreg Market
Prepreg are a type of composite fibers which consists of a thermoset polymer material. Carbon fiber prepreg is a fiber material that is pre-impregnated with catalyzed resins. The manufacturing of these carbon fibers requires vacuum bagging supplies, composite vacuum pumps, and high thermal stable molds. These fibers require a very low temperature of around -20 º C to prevent it from getting cured before the…
Polybutylene Naphthalate Resin (PBN Resin) Market | Top Key Players like - Teiji …
MarketStudyReport.com presents the Polybutylene Naphthalate Resin (PBN Resin) Market provides a detailed overview of major drivers, restraints, challenges, opportunities, current industry trends and strategies impacting the global market along with estimates and forecast of revenue.
This report presents a comprehensive overview, market shares, and growth opportunities of Polybutylene Naphthalate Resin (PBN Resin) market by product type, application, key manufacturers and key regions and countries.
According to this study, over the next five…
Carbon Fiber Resin Market by Application, Resin Type, Form by 2023
The global PU microsphere market is witnessing growth, due to the increasing demand of PU microspheres for plastics coatings in automotive underbody and its application in architectural and wood coatings. Moreover, the advanced technologies for drug delivery, increasing demand for repositionable adhesives, high demand of PU microsphere for encapsulation application in crop protection are fueling the growth of the global PU microsphere market.
Request sample copy of report here : https://www.psmarketresearch.com/market-analysis/polyurethane-microsphere-market/report-sample
PU microspheres have several advantages, such…
Chelating Resin Market 2017 - BENGBU DONGLI, DowCompany, INDION RESINS, Huashen …
Apex Research, recently published a detailed market research study focused on the "Chelating Resin Market" across the global, regional and country level. The report provides 360° analysis of "Chelating Resin Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Chelating Resin industry, and estimates the future trend of Chelating Resin market on the basis of this…
Chelating Resin Market 2017 - Dow, LANXESS, Taicang Taihai, Suqing, Huashen resi …
Apex Research, recently published a detailed market research study focused on the "Chelating Resin Market" across the global, regional and country level. The report provides 360° analysis of "Chelating Resin Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Chelating Resin industry, and estimates the future trend of Chelating Resin market…
