DUBLIN--(BUSINESS WIRE)--The "Phenolic Resin Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global phenolic resin market is expected to reach an estimated $15.0 billion by 2022 and it is forecast to grow at a CAGR of 5.0% from 2017 to 2022
The future of the global phenolic resin market is attractive with opportunities in the wood adhesive, molding compound, laminate, insulation, paper impregnation, and coating applications. The major drivers for growth in this market are increasing use of materials with fire retardant, heat resistant, and anti-corrosive properties in end use applications.
Emerging trends, which have a direct impact on the dynamics of the phenolic resin industry, include the development of bio based phenolic resin, and increased penetration of phenolic resin in applications where fire, smoke, and toxicity properties are required.
Molding compound is expected to remain the largest application segment by value due to high heat resistance, mechanical strength and electrical properties and is used in automotive, aerospace, electronics and industrial market. Wood adhesive will experience the highest growth over the forecast period supported by increasing demand for adhesives in furniture, water proof construction panels, beams, and marine plywood.
Construction, transportation, electrical & electronic, and furniture are the major end use industries. Construction is expected to be the largest market by value and volume, and will experience the highest growth over the forecast period.
Asia Pacific (APAC) is expected to remain the largest region by value and volume. North America is expected to experience the highest growth over the forecast period due to growth in end use industries.
Some of the phenolic resin companies profiled in this report include Hexion, Shandong Shengquan Chemical Co, Si Group, Sumitomo Bakelite, and Georgia-Pacific and others.
Scope of the Report
Phenolic Resin Market by Application (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
- Wood adhesive
- Molding compound
- Paper Impregnation
Phenolic Resin Market by End Use Industry (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
- Electrical and Electronics
Phenolic Resin Market by Resin Type (Value ($M) and Volume (M lbs) shipment analysis from 2011 to 2022):
- Resol phenolic resin
- Novolac and other phenolic resin
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2011 to 2022
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Cost Structure Analysis
7. Growth Opportunities and Strategic Analysis
8. Company Profiles of Leading Players
- Aica Kogyo
- DIC Corporation
- Georgia Pacific Chemicals
- Hexion Inc.
- Mitsui Chemicals
- SI Group
- SQ Group
- Sumitomo Bakelite Co. Ltd
For more information about this report visit https://www.researchandmarkets.com/research/kmlns8/global_phenolic?w=4