Phenolic Resin Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Food And Beverage Enzymes Market size is expected to grow at an annual average of 5% during 2022-2028. Phenol resin, also known as phenol-formaldehyde resin, is a synthetic polymer produced by the reaction of phenol or substituted phenol with formaldehyde at high temperatures. They are widely used in wood adhesives, molding compounds and laminates. The resin exhibits flame retardancy, high heat resistance, high tensile strength and low toxicity, and generates low smoke

 Company Profile

• DIC Corporation
• Hexion LLC
• Chang Chun Plastics Co. Ltd.
• Mitsui Chemicals Inc.
• Georgia Pacific Chemicals LLC

Market Segmentation

By Application

• Wood adhesives
• Foundry
• Molding
• Laminates
• Insulation
• Paper Impregnation
• Coatings
• Others

By End-Use            

• Automotive
• Building & construction
• Furniture
• Electrical & electronics
• Others

By Type

Resol resin

• Liquid Resol resin
• Solid Resol resin

Novolac resin

Others (Bio-phenolic resin, cresol resin, free-formaldehyde phenolic resin)

Scope of the Report

The research study analyzes the global Phenolic Resin industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Phenolic Resin  Market  Report

1. What was the Phenolic Resin  Market  size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Phenolic Resin  Market  during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Phenolic Resin  Market  was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.