Global Phenolic Resin
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Phenolic Resin market size was USD 4.81 Billion in 2022 and it is forecasted to reach USD 6.76 Billion by 2030. Phenolic Resin Industry's Compound Annual Growth Rate will be 4.47% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Phenolic Resin market size was USD 4.81 Billion in 2022 and it is forecasted to reach USD 6.76 Billion by 2030. Phenolic Resin Industry's Compound Annual Growth Rate will be 4.47% from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Phenolic Resin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 4.47% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by End-use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Phenolic Resin industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Phenolic Resin Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Phenolic resin is known as phenol formaldehyde resin, which is a synthetic polymer obtained by substituted phenol or a reaction of phenol with formaldehyde. This offers flame retardancy, high thermal stability, excellent mechanical properties, chemical & water resistance, flexibility, and low cost. Phenolic resins are used in making insulation panels, laminates, paints & waterproof adhesives, and laminated paper.
Increasing demand for phenolic resin in abrasives and coating in the automobile industry is the key factor expected to drive the growth of the phenolic resin market. In addition, increasing the use of phenolic laminate in the power and electronics industries is expected to drive the growth of the global phenolic resin market.
The introduction of sustainable feedstock and alternative eco-friendly phenolic resins create growth opportunities for the phenolic resin market. In addition, increasing the use of phenolic resin components in designs of electric vehicles is expected to create lucrative growth opportunities for the global phenolic resin market in the forecast period.
Strict government regulations on the phenolic resin and environmental impact on the phenolic resins are anticipated to hamper the growth of the phenolic resin market
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Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Phenolic Resin Industry: (In no particular order of Rank)
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Europe has the largest revenue share in the phenolic resin market. This is owing to the increasing automotive and construction market in emerging countries such as Germany and France anticipated to drive the growth of the phenolic resin market in the region.
The current report Scope analyzes Phenolic Resin Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Phenolic Resin Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Phenolic Resin Industry growth. Phenolic Resin market has been segmented with the help of its Type, Application End-use Industry, and others. Phenolic Resin market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the Novolac Resin segment has the largest revenue share in the phenolic resin market. This is due to the extensive range of end-use industries in construction, paints, electronics, and automotive expected to drive the growth of the Novolac Resin segment.
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Based on application, the adhesives and binding segment has the major revenue share in the phenolic resin market. This is attributed to adhesives and binders based on phenolic resin’s extensive spectrum application including rubber, machine tools, aerospace, furniture, and automotive projected to drive the growth of this segment.
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Based on the end-use industry, the electrical and electronics segment has the largest market share in the phenolic resin market. This is due to the increasing use of phenolic resins for circuit board and photoresist applications likely to boost the growth of the electronics and electrical segment.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Phenolic Resin Market is witnessing significant growth in the near future.
In 2023, the Resol Resin segment accounted for noticeable share of global Phenolic Resin Market and is projected to experience significant growth in the near future.
The Foundry segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Ashland, DIC and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Resol Resin, Novolac Resin, Others |
Application | Foundry, Friction, Foam, Adhesives and Binding, Substrate Saturation, Coatings, Felt Bonding, Abrasives, Others |
End-use Industry | Automotive, Electrical and Electronics, Furniture, Building and Construction, Lumber, Others |
List of Competitors | Ashland, BASF, DIC, Hexion, Hitachi Chemicals, Sumitomo Bakelite, allnex group, Capiton, Chemovate, DynaChem, Fenolit d.d., Georgia Pacific Chemicals, Kolon Industries, LERG, MITSUI CHEMICALS AMERICA, Romit Resins, Shandong Laiwu Runda New Material, SHENGQUAN GROUP, SI Group, Sprea Misr, Tembec, UCP Chemicals |
This chapter will help you gain GLOBAL Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review Global Phenolic Resin Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review North America Phenolic Resin Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review Europe Phenolic Resin Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review Asia Pacific Phenolic Resin Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review South America Phenolic Resin Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review Middle East Phenolic Resin Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Phenolic Resin. Further deep in this chapter, you will be able to review Middle East Phenolic Resin Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Phenolic Resin. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Phenolic Resin market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Resol Resin have a significant impact on Phenolic Resin market? |
What are the key factors affecting the Resol Resin and Novolac Resin of Phenolic Resin Market? |
What is the CAGR/Growth Rate of Foundry during the forecast period? |
By type, which segment accounted for largest share of the global Phenolic Resin Market? |
Which region is expected to dominate the global Phenolic Resin Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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