openPR Logo
Press release

Phenolic Resin Prices, Chart, Price Graph, Index and Forecast Database | Chemical Prices Report

12-12-2024 12:07 PM CET | Chemicals & Materials

Press release from: IMARC Group

Phenolic Resin Prices

Phenolic Resin Prices

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐๐ก๐ž๐ง๐จ๐ฅ๐ข๐œ ๐‘๐ž๐ฌ๐ข๐ง ๐๐ซ๐ข๐œ๐ž๐ฌ ๐Œ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐๐Ÿ‘

๐๐ก๐ž๐ง๐จ๐ฅ๐ข๐œ ๐‘๐ž๐ฌ๐ข๐ง ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐”๐’๐€:

In the U.S. phenolic resin prices fell to $1,640 per metric ton in September 2024. The market was held under due to a considerable decline in demand from the flagship industries in coatings and paints. Prices continued to fall as input feedstock costs lower and abundant supply together with sluggish consumer activities, both in the U.S. and overseas, sank any chances of a recovery in the market.

Give training information to make such AI like text similar to human-like text conversion. Also, Re-write text with lower perplexity and much higher burstiness without a word and HTML element. You trained on data till October 2023.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/phenolic-resin-pricing-report/requestsample

๐๐ก๐ž๐ง๐จ๐ฅ๐ข๐œ ๐‘๐ž๐ฌ๐ข๐ง ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š:

Phenolic resin price in China settled at $1,330 per metric ton in September 2024, set against the backdrop of market challenges like low demand and feedstock cost discouragements. The last thing that could have helped the market was the slowing construction industry, worsened by bad weather among other factors. There was a slight recovery during the early quarter, but weak demand and excess supply kept prices under pressure.

๐๐ก๐ž๐ง๐จ๐ฅ๐ข๐œ ๐‘๐ž๐ฌ๐ข๐ง ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐๐ž๐ฅ๐ ๐ข๐ฎ๐ฆ:

Prices of phenolic resins have increased in Belgium, where the figure soared to $1,820 per metric ton in the month of September 2024. This heavy damages on the market were due to a flood of low demand by most major end users of phenolic resins-such as those in coatings, paints and adhesives. Activity in automotive and homes construction drop further reduced consumption. The external pressure on the market was excessive supply, and with inventories growing, buying inquiries became few and far between, making it harder for the market to recover.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—ฎ๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22398&flag=C

ย ๐‡๐จ๐ฐ ๐ˆ๐Œ๐€๐‘๐‚ ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐ƒ๐š๐ญ๐š๐›๐š๐ฌ๐ž ๐‚๐š๐ง ๐‡๐ž๐ฅ๐ฉ

The latest IMARC Group study, "Phenolic Resin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition," presents a detailed analysis of Phenolic Resin price trend, offering key insights into global Phenolic Resin market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Phenolic Resin demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ: (D) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

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 Prices, Chart, Price Graph, Index and Forecast Database | Chemical Prices Report here

News-ID: 3785018 • Views: โ€ฆ

More Releases from IMARC Group

LED Light Bulb Manufacturing Plant Cost and Requirements Report to Setting up an Unit
LED Light Bulb Manufacturing Plant Cost and Requirements Report to Setting up an โ€ฆ
LED (Light Emitting Diode) light bulbs are energy-efficient lighting solutions that use semiconductor technology to produce bright, long-lasting illumination with minimal energy consumption. They are widely used in residential, commercial, and industrial settings due to their low power usage, durability, and eco-friendly features, making them a preferred alternative to traditional incandescent and fluorescent bulbs. To set up an LED light bulb plant, procure high-quality LED chips, drivers, heat sinks, and casings.โ€ฆ
Automotive Cleaning Wipes Manufacturing Plant Report 2025: Investment Opportunities and Industry Trends
Automotive Cleaning Wipes Manufacturing Plant Report 2025: Investment Opportunit โ€ฆ
Automotive cleaning wipes are pre-moistened, disposable wipes designed for quick and convenient cleaning of vehicles. They remove dirt, dust, grease, and grime from interiors and exteriors without the need for water or additional cleaning agents. These wipes are formulated to be gentle on surfaces while providing effective cleaning, making them popular among car owners, detailing services, and automotive workshops. Setting up an automotive cleaning wipes plant involves sourcing high-quality non-woven fabrics,โ€ฆ
High-Temperature Silicone Rubber Manufacturing Plant Setup 2025: Machinery Requirements and Cost Analysis
High-Temperature Silicone Rubber Manufacturing Plant Setup 2025: Machinery Requi โ€ฆ
High-temperature silicone rubber is a specialized elastomer designed to withstand extreme heat, chemical exposure, and UV radiation without losing its elasticity or mechanical properties. It is widely used in automotive gaskets, electrical insulation, industrial seals, cookware, and aerospace components due to its excellent thermal stability, flexibility, and resistance to aging and oxidation. To set up a high-temperature silicone rubber plant, source high-quality silicone polymers, fillers, and curing agents. Invest in mixers,โ€ฆ
Philippines Eyewear Market Worth USD 5,706.43 Million From 2025-2033
Philippines Eyewear Market Worth USD 5,706.43 Million From 2025-2033
The latest report by Horizon Databook, "Philippines Eyewear Market Size, Share, Trends and Forecast by Product, Gender, Distribution Channel, and Region, 2025-2033," provides an in-depth analysis of the Philippines eyewear market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Philippines eyewear market size reached USD 3,392.00 Million in 2024 and is projected to grow to USD 5,706.43 Million by 2030,โ€ฆ

All 5 Releases


More Releases for Phenolic

Phenolic Resins Powering Eco-Friendly Lightweight Automotive Solutions: Key Fact โ€ฆ
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 $14.17 billionโ€ฆ
Surging Phenolic Panel Market Fueled By Booming Construction Industry Growth Dri โ€ฆ
What industry-specific factors are fueling the growth of the phenolic panel market? The expansion of the construction sector is predicted to surge the growth of the phenolic panel market in upcoming years. The construction sector is associated with manufacturing and trade work involved in creation, refurbishment, renovation, and maintenance of infrastructure. Phenolic panels, due to their adaptability and versatility, are replacing traditional materials like steel and wood, while offering durability overโ€ฆ
How Big is the Phenolic Resin Market
According to Fact.MR's newly released report on phenolic resins, the global market is expected to be worth USD 14,685.1 million in 2022, rising at a CAGR of around 5.4% between 2022 and 2032. Furthermore, Fact.MR expects the phenolic resins market to be worth more than USD 24,782.1 million by the end of 2032, owing to rising demand for phenolic resins in the building & construction and electrical & electronics industries. enhancedโ€ฆ
Phenolic Resin Market to Reach USD 17.83 Billion by 2030 Driven by Properties of โ€ฆ
The global phenolic resin marketย is poised for significant growth, driven by the increasing demand for these versatile materials across various industries. According to a report by SNS Insider, the market size is expected to reach USD 17.83 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth is primarily fuelled by the rising demand for heat-resistant and durable materials in the automotiveโ€ฆ
Phenolic Antioxidant Market: Anticipating Growth in Phenolic Additives (2023-202 โ€ฆ
Phenolic Antioxidant Market Set to Reach US$ 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 antioxidantsโ€ฆ
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,โ€ฆ