According to Cognitive Market Research, the global Phenolic Board market size is USD 1954.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.40% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 781.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.6% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 586.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 449.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 93.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 39.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.1% from 2024 to 2031.
The ?40 mm held the highest Phenolic Board market revenue share in 2024.
