Press release
Phenolic Resin market to reach USD 22.57 Bn by 2029, emerging at a CAGR of 5.5 percent and forecast 2023-2029
Phenolic Resin market
The research methodology employed in this report involves a rigorous analysis of market trends, dynamics, and regional insights. A detailed examination of the interaction between formaldehyde and phenol, leading to the production of phenolic resins, forms the basis of our findings. The report utilizes both primary and secondary research methods, ensuring accuracy and reliability.
Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/29453
Phenolic Resin market Dynamics:
The high demand for phenolic resins from various end-use industries, especially the automotive sector, is a key driver of market growth. Phenolic resins' unique properties, including flame retardancy, chemical resistance, and temperature resistance, contribute to their wide application in automotive, construction, and electronics industries. However, fluctuating raw material prices and the impact of the COVID-19 pandemic present challenges to the market.
Phenolic Resin market Regional Insights:
Asia Pacific: Expected to grow at the highest CAGR of over 4.4% during the forecast period, driven by fast-growing end-use sectors such as consumer goods, automotive, construction, and aerospace.
North America and Europe: Anticipating recovery in automobile production, boosting demand for phenolic resins in various applications.
United States: Significant potential in the construction industry, supported by a $200 billion budget allocation for infrastructure goals in 2022.
Request For Free Inquiry Report: https://www.maximizemarketresearch.com/request-sample/29453
Phenolic Resin market Segmentation:
by Product Type
Resol resin
Liquid Resol resin
Solid Resol resin
Novolac resin
Others (Bio-phenolic resin, cresol resin, free-formaldehyde • phenolic resin)
by Application
Wood adhesives
Foundry
Molding
Laminates
Insulation
Paper Impregnation
Coatings
Others
Phenolic Resin market Key Players:
1.Hexion Inc.
2. Hitachi Chemical Co. Ltd.
3. Sumitomo Bakelite Co. Ltd.
4. BASF SE
5. SI Group Inc.
6. DIC Corporation Inc.
7. Kolon Industries Inc.
8. Shandong Laiwu new material Co. Ltd.
9. Changshu South-East Plastic Co., Ltd.
10. Mitsui Chemicals Inc.
11. Georgia Pacific Chemicals LLC
12. Prefere Resins
13. Plastics Engineering Company
14. RPM International Inc.
15. KCC Corporation
16. Altex Coatings Inc.
17. Nippon Paint Marine Coatings Co., Ltd.
18. Others
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/global-phenolic-resin-market/29453/
Table of content for the Phenolic Resin market includes:
Global Phenolic Resin market : Research Methodology
Global Phenolic Resin market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Phenolic Resin market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Resin market to reach USD 22.57 Bn by 2029, emerging at a CAGR of 5.5 percent and forecast 2023-2029 here
News-ID: 3295454 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a …
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million.
Bangladesh Ceramics Tiles Market Overview:
The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.…
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030.
Furfural Market Overview:
The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,…
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to …
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion.
Chemical Protective Clothing Market Overview:
The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range of…
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR …
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion.
Prefabricated Homes Market Overview:
The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizes…
More Releases for Phenolic
Phenolic Resins Powering Eco-Friendly Lightweight Automotive Solutions: Key Fact …
The Phenolic Resins Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Phenolic Resins Market Size During the Forecast Period?
There has been a robust increase in the size of the phenolic resins market in recent times. The market, valued at $14.17 billion…
Surging Phenolic Panel Market Fueled By Booming Construction Industry Growth Dri …
What industry-specific factors are fueling the growth of the phenolic panel market?
The expansion of the construction sector is predicted to surge the growth of the phenolic panel market in upcoming years. The construction sector is associated with manufacturing and trade work involved in creation, refurbishment, renovation, and maintenance of infrastructure. Phenolic panels, due to their adaptability and versatility, are replacing traditional materials like steel and wood, while offering durability over…
How Big is the Phenolic Resin Market
According to Fact.MR's newly released report on phenolic resins, the global market is expected to be worth USD 14,685.1 million in 2022, rising at a CAGR of around 5.4% between 2022 and 2032. Furthermore, Fact.MR expects the phenolic resins market to be worth more than USD 24,782.1 million by the end of 2032, owing to rising demand for phenolic resins in the building & construction and electrical & electronics industries.
enhanced…
Phenolic Resin Market to Reach USD 17.83 Billion by 2030 Driven by Properties of …
The global phenolic resin market is poised for significant growth, driven by the increasing demand for these versatile materials across various industries. According to a report by SNS Insider, the market size is expected to reach USD 17.83 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth is primarily fuelled by the rising demand for heat-resistant and durable materials in the automotive…
Phenolic Antioxidant Market: Anticipating Growth in Phenolic Additives (2023-202 …
Phenolic Antioxidant Market Set to Reach US$ 2.78 Billion by 2029
In 2022, the Phenolic Antioxidant Market recorded a valuation of US$ 1.96 billion, with expectations to surge at a Compound Annual Growth Rate (CAGR) of 5.10% over the forecast period, ultimately reaching US$ 2.78 billion by 2029. This revelation comes from a comprehensive market report aiming to provide insights, historical data, and industry-validated market projections.
Market Dynamics and Application Insights:
Phenolic antioxidants…
Global Phenolic Board Market Growth 2019-2024
LP INFORMATION offers a latest published report on Phenolic Board Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Phenolic Board market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,…
