The Business Research Company’s Phenolic ResinsGlobal Market Report 2023is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2023-2032. The Phenolic ResinsGlobal Market Report 2023evaluates phenolic resins market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global phenolic resins market size grew from $12.45 billion in 2022 to $13.3 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global phenolic resins is expected to grow to $16.63 billion in 2027 at a CAGR of 5.7%.
The phenolic resins market segments in the report are:
1) By Type: Resol, Novolac, Others Types
2) By Application: Wood Adhesives, Molding, Insulation, Laminates, Paper Impregnation, Friction Materials, Refractory Materials, Other Applications
3) By End-User: Building and Construction, Furniture, Automotive, Electrical and Electronics, Other End Users
Top Major Players:
Dainippon Ink and Chemicals Corporation
Hexion LLC
Chang Chun Plastics Co. Ltd.
Mitsui Chemicals Inc
Hitachi Chemical Co. Ltd
North America was the largest region in the phenolic resins market in 2022.
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The table of contents in TBRC’s phenolic resins market report includes:
1. Executive Summary
2. Phenolic Resins Market Characteristics
3. Phenolic Resins Market Trends And Strategies
4. Phenolic Resins Market – Macro Economic Scenario
5. Phenolic Resins Market Size And Growth
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26. Africa Phenolic Resins Market
27. Phenolic Resins Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Phenolic Resins Market
29. Phenolic Resins Market Future Outlook and Potential Analysis
30. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Phenolic Resins Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 4: Global Phenolic Resins Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Table 5: Global Phenolic Resins Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
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Table 46: Dainippon Ink and Chemicals Corporation Financial Performance
Table 47: Hexion LLC Financial Performance
Table 48: Chang Chun Plastics Co. Ltd. Financial Performance
Table 49: Mitsui Chemicals Inc. Financial Performance
Table 50: Hitachi Chemical Co. Ltd. Financial Performance
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