Infographics - Phenolic Resins Market

The phenolic resins market is estimated to be valued at USD 13.31 Bn in 2024 and exhibit at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. Phenolic resins are synthetic polymers that are produced by the reaction of phenol or substituted phenol with formaldehyde. They are thermosetting resins and are excellent electrical insulators with high bond strength and heat resistance. Phenolic resins find wide application in wood adhesives, molding compounds, laminates, paper impregnation, insulation, and friction materials due to their properties. Increasing demand from the construction and automotive industries as well as growth of the electrical and electronics sectors is expected to drive demand for phenolic resins over the forecast period.

Market Dynamics:

The global phenolic resins market is driven by robust growth of the construction industry. Phenolic resins are widely used in wood adhesives for building and construction applications owing to their high heat resistance and dimensional stability. Rapid urbanization and increasing construction of residential and commercial buildings in developing nations is driving consumption. Moreover, wide application in automotive brakes, clutch facing and other friction components on account of their high friction coefficient and temperature resistance also supports market growth. However, volatility in raw material prices may hamper market growth. Development of bio-based phenolic resins using renewable feedstock presents lucrative opportunities for market players.

Key Features of the Study:

This report provides in-depth analysis of the global phenolic resins market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global phenolic resins market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include BASF SE, Chang Chun Plastics Co. Ltd., Georgia Pacific Chemicals LLC, Kolon Industries Inc., Prefere Resins, Mitsui Chemicals Inc., Sumitomo Bakelite Co., Ltd, Hitachi Chemical Co. Ltd., SI Group, Inc., Momentive Specialty Chemicals, Inc., Romit Resins Pvt. Ltd., RIECO Industries, Saraf Resin and Chemicals Pvt. Ltd., Kaydee Corporation, ABR Organic Limited, Revex Group, Uniform Synthetics, Polyols And Polymers
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global phenolic resins market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global phenolic resins market.

Market Segmentation

Product Type:
- Resole
- Novolac
- Others
Application:
- Wood Adhesives
- Molding Compounds
- Laminates
- Insulation
- Others
Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- BASF SE
- Chang Chun Plastics Co. Ltd.
- Georgia Pacific Chemicals LLC
- Kolon Industries Inc.
- Prefere Resins
- Mitsui Chemicals Inc.
- Sumitomo Bakelite Co., Ltd
- Hitachi Chemical Co. Ltd.
- SI Group, Inc.
- Momentive Specialty Chemicals, Inc.
- Romit Resins Pvt. Ltd.
- RIECO Industries
- Saraf Resin and Chemicals Pvt. Ltd.
- Kaydee Corporation
- ABR Organic Limited
- Revex Group
- Uniform Synthetics
- Polyols And Polymers

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Product Type
  - Market Snippet, By Application
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - PEST Analysis
  - PORTER’s Five Forces Analysis
  - Market Opportunities
  - Regulatory Scenario
  - Key Developments
  - Industry Trend
Global Phenolic Resins Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Global Phenolic Resins Market – COVID-19
- Impact Analysis
Global Phenolic Resins Market, By Product Type, 2019-2031 (US$ Bn)
- Introduction
  - Market Share Analysis, 2024, 2027, and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 – 2031
  - Segment Trends
- Resole
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Novolac
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
Global Phenolic Resins Market, By Application, 2019-2031 (US$ Bn)
- Introduction
  - Market Share Analysis, 2024, 2027, and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 – 2031
  - Segment Trends
- Wood Adhesives
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Molding Compounds
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Laminates
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Insulation
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
Global Phenolic Resins Market, By Region, 2019-2031 (US$ Bn)
- Introduction
  - Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
  - Y-o-Y Growth Analysis, For Region, 2019 – 2031
- North America
  - Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, By Country, 2019 – 2031
  - Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
  - Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
  - Countries
    - U.S.
    - Canada
- Europe
  - Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, By Country, 2019 – 2031
  - Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
  - Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
  - Countries
    - U.K.
    - Germany
    - France
    - Italy
    - Spain
    - Russia
    - Rest of Europe
- Asia Pacific
  - Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, By Country, 2019 – 2031
  - Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
  - Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
  - Countries
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Rest of Middle East & Africa
  - Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, By Country, 2019 – 2031
  - Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
  - Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
  - Countries
    - GCC Countries
    - Israel
    - Rest of Middle East & Africa
Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
  - BASF SE
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Chang Chun Plastics Co. Ltd.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Georgia Pacific Chemicals LLC
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Kolon Industries, Inc.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Prefere Resins
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Mitsui Chemicals Inc.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Sumitomo Bakelite Co. Ltd.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Hitachi Chemicals Co. Ltd.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - SI Group, Inc.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Momentive Speciality chemicals, Inc.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Romit Resins Pvt. Ltd.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - RIECO Industries
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Saraf Resin and Chemicals Pvt. Ltd.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Kaydee Corporation
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - ABR Organic Limited
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Revex Group
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Uniform Synthetics
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Polyols And Polymers
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Section
- References
- Research Methodology
- About Us and Sales Contact
- About Us and Sales Contact

* Browse 50 market data tables* and 45 figures* on Global Phenolic Resins Market” - Global forecast to 2031.

View Our Licence Options

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now

Credibility and Certifications

860519526

9001:2015

27001:2022

PHENOLIC RESINS MARKET ANALYSIS

Phenolic Resins Market

Need a Custom Report?

EXISTING CLIENTELE