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 vehicles and espousal of nanotechnology are some trends providing immense growth opportunity for the market. However, stringent environmental regulations will hamper the market during the forecast period.

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Automotive is the fastest and the largest growing segment in phenolic resins market owing to increasing number of automobile sales across the globe. Asia Pacific is anticipated to emerge as the fastest growing region due to increasing number of end user industries and growing knowledge on low cost benefits of the product with varied applications.

Some of the key players in this market include Fenolit D.D. , Shandong Laiwu Runda New Material Co., Ltd., DIC Corporation, BASF SE, Hitachi Chemical Co., Ltd., Dujodwala Paper Chemicals Ltd., Kolon Industries, Inc., SI Group, Inc., Sumitomo Bakelite Co., Ltd., Hexion Inc., Sprea Misr, Saluc SA, Aica Kogyo Co., Ltd., Red Avenue Group Co., Ltd., Chang Chun Plastics Co., Ltd., Mitsui Chemicals, Inc., Georgia-Pacific Chemicals LLC, Shengquan Group, Mansoura for Resins & Chemical Industries Co. and Lerg SA.

Types Covered:
Solid Resol Resins
Liquid Resol Resins
Resol Resin
Novolac Resin
Other Types
Free-Formaldehyde Phenolic Resin
Bio-Phenolic Resin
Cresol Novolac

End Users Covered:
Electrical & Electronics
Building & Construction
Furniture
Automotive
Other End Users

Applications Covered:
Insulation
Rock Wool Thermal Insulation
Glass Wool Thermal Insulation
Foundry
Refractory Products
Sand Binders
Wood Adhesives
Laminated Veneer Lumber (LVL)
Plywood
Oriented Strand Board (OSB)
Laminates
Cotton Cloth Laminated Rod
Laminate Sheet
Copper Clad Laminates
Molding
Commutators
Coil Bobbin
Other Applications
Coatings
Friction Materials
Foam
Abrasives

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Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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