Thermal Curing Novolac CE Resin Market Report – Research, Industry Analysis Reports and Market Demands

Global Thermal Curing Novolac CE Resin Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Thermal Curing Novolac CE Resin Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Solid Novolac CE Resin
- 1.3.3 Flake Novolac CE Resin
- 1.3.4 Liquid Novolac CE Resin
1.4 Market Analysis by Performance Focus
- 1.4.1 Overview: Global Thermal Curing Novolac CE Resin Consumption Value by Performance Focus: 2021 Versus 2025 Versus 2032
- 1.4.2 High-Heat-Resistance Resin
- 1.4.3 Chemical-Resistant Resin
- 1.4.4 Electrical-Grade Insulation Resin
1.5 Market Analysis by Application
- 1.5.1 Overview: Global Thermal Curing Novolac CE Resin Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.5.2 Electronics & Semiconductor Industry
- 1.5.3 Automotive & Transportation Industry
- 1.5.4 Industrial Machinery & Composites Industry
- 1.5.5 Adhesives & Coatings Industry
- 1.5.6 Other
1.6 Global Thermal Curing Novolac CE Resin Market Size & Forecast
- 1.6.1 Global Thermal Curing Novolac CE Resin Consumption Value (2021 & 2025 & 2032)
- 1.6.2 Global Thermal Curing Novolac CE Resin Sales Quantity (2021-2032)
- 1.6.3 Global Thermal Curing Novolac CE Resin Average Price (2021-2032)

2 Manufacturers Profiles

3 Competitive Environment: Thermal Curing Novolac CE Resin by Manufacturer

3.1 Global Thermal Curing Novolac CE Resin Sales Quantity by Manufacturer (2021-2026)
3.2 Global Thermal Curing Novolac CE Resin Revenue by Manufacturer (2021-2026)
3.3 Global Thermal Curing Novolac CE Resin Average Price by Manufacturer (2021-2026)
3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Thermal Curing Novolac CE Resin by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Thermal Curing Novolac CE Resin Manufacturer Market Share in 2025
- 3.4.3 Top 6 Thermal Curing Novolac CE Resin Manufacturer Market Share in 2025
3.5 Thermal Curing Novolac CE Resin Market: Overall Company Footprint Analysis
- 3.5.1 Thermal Curing Novolac CE Resin Market: Region Footprint
- 3.5.2 Thermal Curing Novolac CE Resin Market: Company Product Type Footprint
- 3.5.3 Thermal Curing Novolac CE Resin Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Thermal Curing Novolac CE Resin Market Size by Region
- 4.1.1 Global Thermal Curing Novolac CE Resin Sales Quantity by Region (2021-2032)
- 4.1.2 Global Thermal Curing Novolac CE Resin Consumption Value by Region (2021-2032)
- 4.1.3 Global Thermal Curing Novolac CE Resin Average Price by Region (2021-2032)
4.2 North America Thermal Curing Novolac CE Resin Consumption Value (2021-2032)
4.3 Europe Thermal Curing Novolac CE Resin Consumption Value (2021-2032)
4.4 Asia-Pacific Thermal Curing Novolac CE Resin Consumption Value (2021-2032)
4.5 South America Thermal Curing Novolac CE Resin Consumption Value (2021-2032)
4.6 Middle East & Africa Thermal Curing Novolac CE Resin Consumption Value (2021-2032)

5 Market Segment by Type

5.1 Global Thermal Curing Novolac CE Resin Sales Quantity by Type (2021-2032)
5.2 Global Thermal Curing Novolac CE Resin Consumption Value by Type (2021-2032)
5.3 Global Thermal Curing Novolac CE Resin Average Price by Type (2021-2032)

6 Market Segment by Application

6.1 Global Thermal Curing Novolac CE Resin Sales Quantity by Application (2021-2032)
6.2 Global Thermal Curing Novolac CE Resin Consumption Value by Application (2021-2032)
6.3 Global Thermal Curing Novolac CE Resin Average Price by Application (2021-2032)

7 North America

7.1 North America Thermal Curing Novolac CE Resin Sales Quantity by Type (2021-2032)
7.2 North America Thermal Curing Novolac CE Resin Sales Quantity by Application (2021-2032)
7.3 North America Thermal Curing Novolac CE Resin Market Size by Country
- 7.3.1 North America Thermal Curing Novolac CE Resin Sales Quantity by Country (2021-2032)
- 7.3.2 North America Thermal Curing Novolac CE Resin Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

8.1 Europe Thermal Curing Novolac CE Resin Sales Quantity by Type (2021-2032)
8.2 Europe Thermal Curing Novolac CE Resin Sales Quantity by Application (2021-2032)
8.3 Europe Thermal Curing Novolac CE Resin Market Size by Country
- 8.3.1 Europe Thermal Curing Novolac CE Resin Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Thermal Curing Novolac CE Resin Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

9.1 Asia-Pacific Thermal Curing Novolac CE Resin Sales Quantity by Type (2021-2032)
9.2 Asia-Pacific Thermal Curing Novolac CE Resin Sales Quantity by Application (2021-2032)
9.3 Asia-Pacific Thermal Curing Novolac CE Resin Market Size by Region
- 9.3.1 Asia-Pacific Thermal Curing Novolac CE Resin Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Thermal Curing Novolac CE Resin Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

10.1 South America Thermal Curing Novolac CE Resin Sales Quantity by Type (2021-2032)
10.2 South America Thermal Curing Novolac CE Resin Sales Quantity by Application (2021-2032)
10.3 South America Thermal Curing Novolac CE Resin Market Size by Country
- 10.3.1 South America Thermal Curing Novolac CE Resin Sales Quantity by Country (2021-2032)
- 10.3.2 South America Thermal Curing Novolac CE Resin Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

11.1 Middle East & Africa Thermal Curing Novolac CE Resin Sales Quantity by Type (2021-2032)
11.2 Middle East & Africa Thermal Curing Novolac CE Resin Sales Quantity by Application (2021-2032)
11.3 Middle East & Africa Thermal Curing Novolac CE Resin Market Size by Country
- 11.3.1 Middle East & Africa Thermal Curing Novolac CE Resin Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Thermal Curing Novolac CE Resin Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

12.1 Thermal Curing Novolac CE Resin Market Drivers
12.2 Thermal Curing Novolac CE Resin Market Restraints
12.3 Thermal Curing Novolac CE Resin Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Thermal Curing Novolac CE Resin and Key Manufacturers
13.2 Manufacturing Costs Percentage of Thermal Curing Novolac CE Resin
13.3 Thermal Curing Novolac CE Resin Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Thermal Curing Novolac CE Resin Typical Distributors
14.3 Thermal Curing Novolac CE Resin Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Thermal Curing Novolac CE Resin market size was valued at US$ 1211 million in 2025 and is forecast to a readjusted size of US$ 1696 million by 2032 with a CAGR of 5.0% during review period.
In 2024, global thermal curing novolac CE resin production reached approximately 0.35 million tons, with an average global market price of around US$ 3,200 per ton.
The gross profit margin of major companies in the industry is between 24% – 38%.
In 2024, the global production capacity of thermal curing novolac CE resin was approximately 0.46 million tons.
Thermal curing novolac CE resin is a cycloaliphatic epoxy–phenolic resin system that cures through heat to form a highly crosslinked, thermally stable polymer network. It offers excellent heat resistance, chemical stability, flame retardancy, and electrical insulation performance.
The industrial chain includes upstream suppliers of phenol, formaldehyde, epoxy intermediates, curing agents, and additives. The midstream consists of resin manufacturers conducting polycondensation, epoxy modification, formulation, and controlled thermal curing processing. Downstream applications include electronic packaging, printed circuit boards, semiconductor encapsulation, composites, coatings, and high-temperature insulation materials.
This report is a detailed and comprehensive analysis for global Thermal Curing Novolac CE Resin market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thermal Curing Novolac CE Resin market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Thermal Curing Novolac CE Resin market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Thermal Curing Novolac CE Resin market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Thermal Curing Novolac CE Resin market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thermal Curing Novolac CE Resin
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thermal Curing Novolac CE Resin market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hexion, Sumitomo Bakelite, DIC Corporation, Huntsman, LG Chem, Kolon Industries, Mitsui Chemicals, SI Group, Allnex, Shengquan Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermal Curing Novolac CE Resin market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Solid Novolac CE Resin
Flake Novolac CE Resin
Liquid Novolac CE Resin
Market segment by Performance Focus
High-Heat-Resistance Resin
Chemical-Resistant Resin
Electrical-Grade Insulation Resin
Market segment by Application
Electronics & Semiconductor Industry
Automotive & Transportation Industry
Industrial Machinery & Composites Industry
Adhesives & Coatings Industry
Other
Major players covered
Hexion
Sumitomo Bakelite
DIC Corporation
Huntsman
LG Chem
Kolon Industries
Mitsui Chemicals
SI Group
Allnex
Shengquan Group
Sbhpp (Sumitomo Chemical Group)
Arclin
Shandong Laiwu Runda
Hunan Resin
Kunststofftechnik Bach
Great American Spice
Risun Bio-Tech
Monterey Bay Spice
The Organic Cinnamon
Mountain Rose Herbs
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermal Curing Novolac CE Resin product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermal Curing Novolac CE Resin, with price, sales quantity, revenue, and global market share of Thermal Curing Novolac CE Resin from 2021 to 2026.
Chapter 3, the Thermal Curing Novolac CE Resin competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermal Curing Novolac CE Resin breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Thermal Curing Novolac CE Resin market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermal Curing Novolac CE Resin.
Chapter 14 and 15, to describe Thermal Curing Novolac CE Resin sales channel, distributors, customers, research findings and conclusion.

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