Phenolic Resin Market by Trends and Growth Forecast 2025

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Phenolic Resin Market Growth, Trends, Forecasts
(2019 - 2025)
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Phenolic Resin Market Overview
The Phenolic Resin market is expected to grow
from USD 14.13 billion in 2019 to USD 19.60
billion by 2025 at a CAGR of 5.6 from 2019 to
2025. Phenolic resins, also known as
phenolformaldehyde resins, are synthetic
polymers that are formed from the reaction of
phenol or substituted phenol with formaldehyde at
high temperatures. These are broadly used in wood
adhesives, molding compounds, and laminates. The
resins are flame-retardant, validate high heat
resistance, high tensile strength, and low
toxicity, and generate low smoke. These resins
have good chemical and physical properties like
high mechanical strength, good heat resistance,
low toxicity, and low smoke formation. These
characteristics of resins have subsidized to the
development of market. It is confidential further
into novolacs and resolves that have high
temperature and chemical stability. Phenolic
resins are used in manufacturing circuit boards
and the wide range of molded products such as
billiard balls, laboratory countertops, as well
as in coatings and adhesives. Developing trends,
which have a direct impact on the dynamics of the
phenolic resin industry, contain the development
of bio-based phenolic resin, and upgraded
penetration of phenolic resin in applications
where fire, smoke, and toxicity properties are
required. View Complete Report _at_
https//marketreportslibrary.com/report/cm0385/phe
nolic-resin-market
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Phenolic Resin Market Key Players
The report scope includes a detailed competitive
outlook covering market shares and profiles key
participants in the market share. Major industry
players with significant revenue share include
Hexion Inc. (US), Hitachi Chemical Co. Ltd.
(Japan), Sumitomo Bakelite Co. Ltd. (Japan), BASF
SE (Germany), SI Group Inc. (US), DIC Corporation
Inc. (Japan), Kolon Industries Inc. (South
Korea), Shandong Laiwu new material Co. Ltd
(China), Changshu South-East Plastic Co. Ltd.
(China), and others. 
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Table Of Content

• Introduction
• Research Methodology
• Executive Summary
• Market Dynamics
• Phenolic Resin Market, By Application
• Phenolic Resin Market, By End-User
• Phenolic Resin Market, By Type
• Phenolic Resin Market, By Region
• Company Profiles
• Appendix
•  

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