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Phenolic Resins Market 2020 |Global Industry Analysis by Trend & Growth Forecast 2025


The report offers insightful and detailed information regarding key players operating in the Phenolic Resins Market & their future strategies. – PowerPoint PPT presentation

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Title: Phenolic Resins Market 2020 |Global Industry Analysis by Trend & Growth Forecast 2025

Phenolic Resins Market
  • Size 2019, by Type (Novolac Resin, Resol Resin,
    Others), by Application (Wood Adhesives,
    Insulation, Molding, Laminates, Paper
    Impregnation, Coatings, Others) by End User
    (Building construction, Automotive, Electrical
    electronics, Furniture, Others), by Region and
    Forecast to 2025

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Global Phenolic Resins Market Size and
Share-Global Forecast to 2025
  • The global phenolic resin market is projected to
    be valued at USD 16.60 billion by 2025, rising
    with CAGR of 5.2 over the forecast period. Large
    number of applications of phenolic resins in
    automotive, building construction, and
    electronics segments is projected to augment the
    market growth over the forecast period.The global
    anti-aging products market size is estimated to
    reach up to USD 257.9 billion by 2025 mainly
    driven by rising awareness, demand and adoption
    from growing baby boomers and generation X
    population across the globe. However, the
    anti-aging products are costly compared to other
    beauty products which is a primary restraining
    factor in the growth of the anti-aging products
    market. In addition, the presence of counterfeit
    products and the use of harmful ingredients in
    developing anti-aging products has negatively
    affected the growth of the anti-aging products
  • Adroit Market Research recently released a
    research study on the global phenolic resins
    market. The global demand for phenolic resin has
    been analyzed for historical years from 2015 to
    2018, with a projected base year as 2019 and
    projection from 2020 to 2025. The study covers
    both the current status and future market trends
    at the global and country level. The report also
    assesses market competitiveness with Porter's
    review of the five powers and places leading
    players based on their product portfolio,
    regional reach, strategic initiatives, and total
    sales. Prominent players operating on the global
    market for composite resin have been analyzed in

Global Phenolic Resins Market Size and
Share-Global Forecast to 2025
  • Phenolic resins are synthetic thermosetting
    resins. Due to its functional properties,
    phenolic resins are considered one of the most
    versatile resins. Phenolic resins are used with
    various base materials. They are used as binders,
    adhesives and binding agents. These resins are
    mixed, coated or impregnated with the base
    material that is then heat-curated.
  • They're available primarily in two groups, namely
    novolacs and resolutions. In addition to high
    chemical and water stability, phenolic resins
    exhibit very high thermal stability up to 300-350
    oC. Because of their flexibility and excellent
    price to performance profile, phenolic resins are
    widely used across diverse end-use industries.
    Phenolic resins are ideal for applications where
    high heat resistance, dimensional stability, and
    chemical resistance are needed. They are widely
    used in coatings, composites, adhesives and
    molded parts. In general, the high flexibility of
    the phenolic resin application is expected to
    increase market growth over the forecast period.
  • The global market for phenolic resins is divided
    by type, application, and end-use. Type-based,
    the global demand for phenolic resins is divided
    into novolac resins, resolving resins among
    others. Novolac resin is expected to see
    significant growth in the coming years. The
    growing use of novolac resin for oil filter
    papers is expected to fuel demand for the resin
    in the automotive market. Additionally, novolac
    resins are commonly used in protective coatings
    in the building and construction segment.

Global Phenolic Resins Market Size and
Share-Global Forecast to 2025
  • The wood adhesives have emerged as the primary
    application of phenolic resins by application.
    Wood adhesives are commonly used in the
    manufacture of furniture, luxury goods, and
    construction. Phenolic resins are commonly used
    for plywoods and lumber. Growth in consumer
    spending on luxury furniture purchases and
    overall growth in the construction sector is
    rising demand for wood adhesives.
  • Due to the rapid growth of the region's end-use
    segments, Asia Pacific is expected to dominate
    the global market for phenolic resins over the
    forecast period. The burgeoning automotive
    industry is expected to be one of the main growth
    drivers for phenolic resins in many Asia Pacific
    countries. Phenolic resins are used for
    applications with friction materials such as
    brakes and clutch facings.
  • Major players in the global phenolic resin market
    include Ashland Inc., Hexcel Corp, Olympic Panel
    Products LLC, Georgia Pacific Chemicals, Arclin
    Inc., DIC Corp., Sumitomo Bakelite, Arizona
    Chemical Co. LLC, Momentive Specialty Chemicals,
    Kolon Industries Inc., Hexion among others.
    Increasing geographic reach is one of the main
    approaches players are taking to broaden their
    customer base.

Global Phenolic Resins Market Size and
Share-Global Forecast to 2025
  • Key segments of the global phenolic resins market
  • Type Overview, 2015-2025 (Kilo Tons) (USD
  • Novolac resin
  • Resol resin
  • Liquid resol resin
  • Solid resol resin
  • Others
  • Application Overview, 2015-2025 (Kilo Tons) (USD
  • Wood adhesives
  • Insulation
  • Molding
  • Laminates
  • Paper impregnation
  • Coatings
  • Others

Global Phenolic Resins Market Size and
Share-Global Forecast to 2025
  • End-user Overview, 2015-2025 (Kilo Tons) (USD
  • Building construction
  • Automotive
  • Electrical electronics
  • Furniture
  • Others

Global Phenolic Resins Market Size and
Share-Global Forecast to 2025
  • Regional Overview, 2015-2025 (Kilo Tons) (USD
  • North America
  • US
  • Canada
  • Europe
  • Germany
  • United Kingdom
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East Africa

About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email