openPR Logo
Press release

Phenolic Panel Market worth $2.4 billion by 2025 | Key Players include Kingspan Group, Wilsonart LLC, Asahi Kasei Corporation, Fiberesin Industries Inc., Broadview Holding B.V.

05-25-2020 12:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Phenolic Panel Market

Phenolic Panel Market

According to recent market research "Phenolic Panel Market by Type (Sandwich, Plain), Class, End-Use Industry (Construction, Marine, Transportation, Aerospace & Defense), Application (Interior, Exterior, Furniture, Air Conditioning Duct Panel), Class, and Region - Global Forecast to 2025", The global phenolic panel market size is expected to grow from USD 1.7 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 6.5% during the forecast period. The market is growing due to the increase in the demand for phenolic panels in the construction, transportation, and aerospace & defense industries.

Browse 95 market data Tables and 41 Figures spread through 127 Pages and in-depth TOC on " Phenolic Panel Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/phenolic-panel-market-22703551.html

The hot bond segment dominated the market in terms of value in 2019. Adhesives used in the hot bond process offers a strong, long-lasting repair with minimal risk of tearing, snagging, and other wear to the belt. They are mostly polyurethane-based and have a high demand for rubber conveyor belt repairing in the mining & quarrying industry.

Amongst all applications, the interior is the largest application of phenolic panel. Phenolic panels are used extensively for aircraft interior, railway interior, decorative interior in construction, partitions, and cubicles in various end-use industries. Superior fire-resistance and chemical resistance offered by the phenolic panel is responsible for the high consumption in an interior application.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=22703551

Phenolic panels are used in the interior, exterior, furniture, and various other applications of end-use industries, such as construction, marine, aerospace & defense, and transportation, to name a few. The main purpose of these phenolic panels is to offer fire-resistance and moisture-resistance properties. For instance, phenolic panels are used in the exterior cladding, partitions, cubicles, and other applications to prevent fire accidents. The global phenolic panel market size was USD 1.7 billion in 2020 and is projected to reach 2.4 billion by 2025, registering a growth of 6.5%.

Over the past years, companies have strengthened their position in the global phenolic panel market by adopting several business strategies. From 2016 to 2019, expansions, product launch, and acquisition were the key strategies adopted by the market players to maintain growth in the market. For instance, in June 2019, Bobrick Washroom Equipment, Inc. (US) expanded its existing manufacturing and distribution facility in Jackson, Tennessee (US), by an additional 40,000 square feet. This expansion of the company was prompted by significant growth in toilet partition business and is leading to the additional production capacity. The expansion has helped Bobrick Washroom Equipment, Inc. to further strengthen its business in the North America region.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22703551

The major manufacturers profiled in the global phenolic panel market report include Wilsonart LLC (US), Broadview Holding B.V. (Netherlands), Fundermax GmbH (Austria), Bobrick Washroom Equipment, Inc. (US), Fiberesin Industries Inc. (US), Asahi Kasei Corporation (Japan), Kingspan Group (Ireland), general Partitions Mfg. Ltd. (US), Werzalit of America, Inc. (US), and others.

These companies have adopted various organic and inorganic growth strategies. For instance, in April 2017, Kingspan Group added two new products to its Kooltherm K100 range; the K112 Framing Board and K107 Pitched Roof Board. These insulation boards deliver low U-values with a minimal thickness. This would build Kingspan Group's position as a leading player in the phenolic panel market.

Contact:

Mr. Aashish Mehra
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/phenolic-panel.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/phenolic-panel-market.asp

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forsecasts of niche markets.

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 Panel Market worth $2.4 billion by 2025 | Key Players include Kingspan Group, Wilsonart LLC, Asahi Kasei Corporation, Fiberesin Industries Inc., Broadview Holding B.V. here

News-ID: 2056568 • Views: 2906

More Releases from MarketsandMarkets

Greenhouse Film Market | Key players operating in the market include Ginegar Pla …
According to recent market research "Greenhouse Film Market by Resin Type (LDPE, LLDPE, EVA), Thickness (80 to 150 Microns, 150 to 200 Microns, More than 200 Microns), Width (4.5M, 5.5 M, 7M, 9M), and Region (APAC, Europe, North America, South America, MEA) - Global Forecast to 2025", size is projected to grow from USD 6.4 billion in 2020 to USD 10.4 billion by 2025, at a CAGR of 10.3%. The
Global Electric Commercial Vehicle Market Forecast to 2028 | MarketsandMarkets
According to the new market research report "Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End-User and Region - Global Forecast to 2028"Published by MarketsandMarkets™, The Global Electric Commercial Vehicle Market size is projected to grow from 129 thousand units in 2020 to reach 2,026 thousand units by 2028, at a CAGR
Motor Monitoring Market to Grow $2.3 billion by 2023 | Leading key players are B …
According to the new research report "Motor Monitoring Market by Offering (Hardware, Software), Monitoring Process (Online, Portable), Deployment, Industry (Oil & Gas, Power Generation, Metals & Mining, Water & Wastewater, Automotive), and Region - Global Forecast to 2023", The motor monitoring market is expected to grow from USD 1.6 billion in 2018 to USD 2.3 billion by 2023, at a CAGR of 7.4% during the forecast period. Download PDF Brochure
Autonomous Ships Market worth $14.2 billion by 2030
According to a research report "Autonomous Ships Market by Autonomy (Fully Autonomous, Remote Operations, Partial Automation), Ship Type (Commercial, Defense), End-Use (Linefit, Retrofit), Solution (Systems, Software, Structures), Propulsion and Region - Global Forecast to 2030", The autonomous ships market is estimated to be USD 5.8 billion in 2020 and is projected to reach USD 14.2 billion by 2030, at a CAGR of 9.3% from 2020 to 2030. The demand for

All 5 Releases


More Releases for Phenolic

Phenolic Resins Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Phenolic Resins Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-phenolic-resins-market_p108470.html   Phenol formaldehyde resins (PF) or phenolic resins are
Phenolic Caps Market to Record Ascending Growth by 2026
Phenolic caps are high performance, durable caps with an extremely high heat tolerance, i.e. phenolic caps start to decompose at temperatures of above 220 degree Celsius. Phenolic caps are very tough when used in their desirable temperature range. Phenolic stands for Phenol Formaldehyde Resin. Phenolic caps are mostly used for harmful acids, bases, and other reactive compounds. The key factor which is expected to contribute to increase in preference for
Phenolic Resins Market
Phenolic Resins Market Phenolic Resins Market Abstract: Phenolic Resins Market has experienced a notable growth and it has been projected that the global market will see stable growth during the forecast period. The high mechanical strengths, low toxicity, heat resistance, low smoke and other several properties has made the phenolic resins to make their use in the applications such as in laminations, wood adhesives, molding compound, construction, automobile and others. Growing demand
Global Phenolic Foam Board Market Trends and Industry Overview
ReportsMonitor.Com Adds Global Phenolic Foam Board Market Professional Survey Report 2017 to Its Database. This report studies Phenolic Foam Board in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. GET SAMPLE REPORT @ https://www.reportsmonitor.com/request-sample/?post=349366 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each
Global Analysis of Phenolic Resins Market Outlook, 2016 - 2022
Global Phenolic Resins Market is accounted for $10.82 billion in 2016 and is expected to reach $16.05 billion by 2022 growing at a CAGR of 6.7% from 2016 to 2022. Rising requirement for phenolic resins in tire industry, flourishing automotive industry in Asia Pacific region and advanced properties of phenolic resins are some of the drivers that are influencing the market growth. Furthermore, rising requirement for light weight fuel efficient
Global Phenolic Foam Board Market Research Report Forecast 2017-2021
The Global Phenolic Foam Board Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Phenolic Foam Board industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Phenolic Foam Board market study provides comprehensive data which enhances the