Phenolic Resin market is expected to reach US$ 22.57 Bn. in 2029, with a CAGR of 5.5% for the period 2023-2029, because of the high demand for phenolic from the various end-use industries.
Phenolic Resin market Overview:
The purpose of this study is to provide a thorough examination of the Phenolic Resin market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Phenolic Resin market growth. The study also offers a comprehensive analysis of the market’s value chain.
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Market Scope:
The research method used to assess and anticipate the Phenolic Resin market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Phenolic Resin market was calculated using the revenue of significant enterprises.
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Segmentation:
by Product Type
Resol resin
Liquid Resol resin
Solid Resol resin
Novolac resin
Others (Bio-phenolic resin, cresol resin, free-formaldehyde • phenolic resin)
by Application
Wood adhesives
Foundry
Molding
Laminates
Insulation
Paper Impregnation
Coatings
Others
Key Players:
The major players covered in the Phenolic Resin market report are
1.Hexion Inc.
2. Hitachi Chemical Co. Ltd.
3. Sumitomo Bakelite Co. Ltd.
4. BASF SE
5. SI Group Inc.
6. DIC Corporation Inc.
7. Kolon Industries Inc.
8. Shandong Laiwu new material Co. Ltd.
9. Changshu South-East Plastic Co., Ltd.
10. Mitsui Chemicals Inc.
11. Georgia Pacific Chemicals LLC
12. Prefere Resins
13. Plastics Engineering Company
14. RPM International Inc.
15. KCC Corporation
16. Altex Coatings Inc.
17. Nippon Paint Marine Coatings Co., Ltd.
18. Others
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
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COVID-19 Impact Analysis on Phenolic Resin market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Phenolic Resin market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the ### industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Phenolic Resin market Report are:
Table of content for the Phenolic Resin market includes:
Key Offerings:
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