Phenol formaldehyde resins (PF) or phenolic resins are synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde.
Currently, phenolic resins industry concentration is low, mainly concentrated in Asia and Europe, where production in Europe is relatively stable, while the world's fastest growing regions is Asia, mainly because of the rapid development of infrastructure in Asia.
Since the main application of phenolic resins are downstream wood processing industries, due to the low demand for manufacturing process of the product, so many wood-based panel companies have their own plant to produce phenolic resins, few external sales.
On the other hand, as many countries and regions to strengthen the requirements for free formaldehyde content in wood-based panels, they developed a stringent industry standard, as a result, small businesses are constantly being eliminated, especially in the Asia Pacific region.
According to this study, over the next five years the Phenolic Resins market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 12700 million by 2024, from US$ 11700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Phenolic Resins business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Phenolic Resins market by product type, application, key manufacturers and key regions and countries.
This study considers the Phenolic Resins value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Thermoplastic Phenolic Resin
Thermosetting Phenolic Resin
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Wood Adhesives
Foundry
Molding
Abrasive Material
Insulation
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hexion
Sbhpp
SI Group
Jinan Shengquan Group
Tong Cheng
Allnex Belgium
Metadynea International
Georgia-Pacific Chemicals
Chang Chun Group
Prefere Resins
Kolon Industries
Plenco
Shandong Laiwu Runda
UCP Chemicals AG
Lerg SA
Aica Kogyo
BASF
Mitsui Chemicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Phenolic Resins consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Phenolic Resins market by identifying its various subsegments.
Focuses on the key global Phenolic Resins manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Phenolic Resins with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Phenolic Resins submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Phenolic Resins . Industry analysis & Market Report on Phenolic Resins is a syndicated market report, published as Global Phenolic Resins Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Phenolic Resins market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.