Phenolic resins or phenol formaldehyde resins or 2-methoxy-6-methylphenol are synthetic polymers that are obtained by the polymerization of formaldehyde and phenol. These are resistant to acids, water, and organic solvents. These are used especially in the molded and laminated products, adhesives, and coatings. Phenolic resins possess good chemical and physical properties such as low toxicity, high mechanical strength, low smoke formation, good heat resistance, and high thermal stability.
Scope of the Report:
This report focuses on the Phenolic Resin in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Resol resin is expected to lead the global phenolic resin market during the forecast period, followed by novolac resin. Resol resin is expected to lead the market due to its growing use in the wood adhesives application. The market for resol resin is also expected to witness the highest CAGR from 2018 to 2023. The main features of resol resin are, the superior heat resistance, high flexibility, mechanical strength, and moldability, and excellent friction properties.
Automotive is the largest and the fastest-growing end-use industry due to the growing automobile sales. In addition, the increase in the use of phenolic resins in applications such as, brake linings, clutch facing, and brake pads is also expected to drive the phenolic resin market.
Currently, the Asia-Pacific region is the largest market for phenolic resin. Rapid industrialization and improved living standards are expected to drive the increasing demand for phenolic resin. The Middle Eastern & African region is projected to be the second-fastest growing market from 2018 to 2023. This growth is attributed to the rapidly growing automotive and building & construction industries in the region.
The worldwide market for Phenolic Resin is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
MITSUI CHEMICALS AMERICA
Shandong Laiwu Runda New Material
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Building & Construction
Electrical & Electronics
There are 15 Chapters to deeply display the global Phenolic Resin market.
Chapter 1, to describe Phenolic Resin Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Phenolic Resin, with sales, revenue, and price of Phenolic Resin, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Phenolic Resin, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Phenolic Resin market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Phenolic Resin sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source