Phenolic Panel Market to Witness Huge Growth by Key Players: Keneringspan Group, Wilsonart LLC, Asahi Kasei Corporation, Broadview Holding B.V, Fiberesin Industries Inc, Fundermax GmbH, Werzalit of America, Inc, ASI Group

Global Phenolic Panel Market 2020-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global phenolic panel market size is projected 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. This report spread across 127 Pages, Profiling 10 Companies and Supported with 95 Tables and 41 figures are now available in this research.

Top Companies Profiled in the Phenolic Panel Market:
• Keneringspan Group (Ireland)
• Wilsonart LLC (US)
• Asahi Kasei Corporation (Japan)
• Broadview Holding B.V. (Netherlands)
• Fiberesin Industries Inc. (US)
• Fundermax GmbH (Austria)
• Werzalit of America, Inc. (US)
• General Partitions Mfg. Corp. (US)
• ASI Group (US)
• Bobrick Washroom Equipment, Inc. (US)

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Construction is the fastest-growing end-use industry of phenolic panels in terms of value.
The construction end-use industry dominated the global phenolic panel market. Increased adoption of phenolic panels across elevator walls, room partitions, decorative interior & exterior, escalator claddings, wainscoting, and balcony cladding, among others, is fueling the growth of phenolic panels in the construction industry.

Interior application is the largest segment of the market in terms of value.
Interior is the major application of phenolic panel where these panels are used for various purposes ranging from restroom partitions to interior cladding. Phenolic panels are used for interior applications in multiple industries, including construction, marine, and transportation. Owing to superior fire resistance characteristics of phenolic panels, they are gaining acceptance across the globe for interior applications to avoid fire-related accidents.

Sandwich type is the fastest-growing application segment of phenolic panels in terms of value.
Sandwich type phenolic panel holds the majority of the market share owing to high demand from construction, transportation, marine, and aerospace & defense industries. Increasing implementation aluminum-based phenolic panel across various applications, including furniture, air conditioning duct panel, floor, partitions, etc. are responsible for the high growth of the sandwich segment.

Class A phenolic panel is the fastest-growing segment of the phenolic panel market in terms of value.
Class A dominated the phenolic panel market in the class segment. Class A phenolic panels are heavily used for interior, exterior, and other applications owing to their superior fire resistance characteristics. Owing to the lower Flame Spread Index (FSI), these panels are witnessing a high demand from the North America and European market.

Competitive Landscape of Phenolic Panel Market:
1 Introduction
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Dynamic Differentiators
2.3 Innovators
2.4 Emerging Companies
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Market Ranking
6 Competitive Scenario
6.1 New Product Developments/Launches
6.2 Expansions
6.3 Acquisitions

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Research Coverage:
This report covers the global phenolic panel market and forecasts the market size until 2025. The report includes the market segmentation - type (sandwich and plain), class (class A, class B, others), end-use industry (construction, marine, transportation, aerospace & defense, and others), application (interior, exterior, furniture, air conditioning duct panel, and others), and region (Europe, North America, APAC, South America, and MEA). Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report.

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