Global Phenolic Resin Market report from Global Insight Services is the single authoritative source of intelligence on Phenolic Resin Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A phenolic resin is a type of synthetic thermosetting plastic material made by the reaction of phenol or substituted phenol with formaldehyde. Phenolic resins are used in a wide range of applications, including electrical and insulation, laminates, coatings, and adhesives. Phenolic resins are used in a wide range of applications due to their unique properties.
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Key Trends
There are three key trends in Phenolic Resin technology:
- The development of new and improved resins.
- The development of new and improved manufacturing processes.
- The development of new and improved applications.
Key Drivers
The phenolic resin market is primarily driven by the growing demand for laminates and composites in the construction and automotive industries. Phenolic resins are used in the production of laminates and composites due to their superior properties such as high heat resistance, high mechanical strength, and good dimensional stability. The automotive industry is another major consumer of phenolic resins, as they are used in the production of brake pads, engine parts, and other components.
Market Segments
By Type
- Resol
- Novolac
- Others
By Application
- Wood Adhesives
- Laminates
- Foundry & Moldings
- Paper Impregnation
- Coatings
By Region
- North America
- U.S.
- Canada
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Key Players
- Bakelite Synthetics
- Sumitomo Bakelite Company Limited
- SI Group Inc.
- Jinan Shengquan Group Share Holding Co.,Ltd.
- Ashland Global Holdings, Inc.
- BASF SE
- Dow Chemical
- Huntsman
- Hexion
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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