Global Phenolic Resin Market Size, Share, Growth & Forecast, 2027| TechSci Research

Report Description

Global Phenolic Resin Market is projected to reach USD 16.10 Billion by 2027, at a CAGR of over 5% during the forecast period due to increasing demand from the tire industry. Based on type, the market has been categorised into resol resin, novolac resin, and others. The Resol resin is expected to lead the global phenolic resin market during 2022-2027, followed by novolac resin due to its rising use in the wood adhesives application. And its various properties like high flexibility, heat resistance, mechanical strength excellent friction properties. Based on applications, the global phenolic resin market is classified into wood adhesives, Molding, laminates, foundry, insulation, and others. In 2021, the wood adhesives application dominated the market due to growing construction industry whereas the Molding application is also expected to grow at the highest CAGR during forecast period. Some of the leading players in the market are Sumitomo Bakelite Co. Ltd., DIC Corporation, BASF SE, among others.

Some of the leading players in the Global Phenolic Resin Market are DIC Corporation, Hexion Inc., Sumitomo Bakelite Co. Ltd., Hubergroup, Shandong Laiwu Runda New Material Co., Ltd., BASF SE, Changshu South-East Plastic Co. Ltd., Hitachi Chemical Co. Ltd., SI Group, Inc, Jinan Shengquan Group Share Holding Co., Ltd, Kolon Industries, Inc. Inabata & Co Ltd etc.

Objective of the Study:

To analyse and forecast the market size of Phenolic Resin Market, in terms of value and volume.
To classify and forecast Global Phenolic Resin Market based on type, application, end-use industry and regional distribution.
To identify drivers and challenges for Global Phenolic Resin Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Phenolic Resin Market.
To conduct the pricing analysis for Phenolic Resin Market.
To identify and analyse the profile of leading players involved in the manufacturing of Global Phenolic Resin Market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Phenolic Resin Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Phenolic Resin Manufacturers
Traders, Distributors, and Suppliers
Raw Material Suppliers
Industry associations and experts
Research organizations and consulting companies.
Research Institutes
Industry associations
Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Feestock Type Application End Use Industry
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia
Key companies profiled	DIC Corporation, Hexion Inc., Sumitomo Bakelite Co. Ltd., Shandong Laiwu Runda New Material Co., Ltd., Hubergroup, BASF SE, Changshu South-East Plastic Co. Ltd., Hitachi Chemical Co. Ltd., SI Group, Inc, Inabata & Co Ltd., Kolon Industries, Inc.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Phenolic Resin Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Phenolic Resin Market, By Feedstock:

Phenol
Lignin
Others

Phenolic Resin Market, By Type:

Resol Resin
Novolac Resin
Others

Phenolic Resin Market, By Application:

Wood Adhesives
Molding
Foundry
Insulation
Laminates
Others

Phenolic Resin Market, By End-User Industry:

Electrical & Electronics
Automotive
Building & Construction
Others

Phenolic Resin Market, by Region:

Asia Pacific

China
India
Japan
South Korea
Australia
Singapore
Malaysia

Europe & CIS

France
Germany
United Kingdom
Italy
Spain

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia

Middle East and Africa

South Africa
Saudi Arabia
UAE
Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Phenolic Resin Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Product Awareness

4.2. Product Pricing

4.3. Challenges & Unmet Needs

5. Impact of COVID-19 on Global Phenolic Resin Market

6. Global Phenolic Resin Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Type (Resol Resin, Novolac Resin and Others)

6.2.2. By Application (Wood Adhesives, Molding, Foundry, Insulation, Laminates and Others)

6.2.3. By End-User Industry (Electrical & Electronics, Automotive, Building & Construction and Others)

6.2.4. By Feedstock

6.2.5. By Region

6.2.6. By Company

6.3. Market Attractiveness Index

7. Asia-Pacific Phenolic Resin Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Application

7.2.3. By Feedstock

7.2.4. By Country

7.3. Market Attractiveness Index

7.4. Asia-Pacific: Country Analysis

7.4.1. China Phenolic Resin Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Type

7.4.1.3. Market Attractiveness Index

7.4.2. India Phenolic Resin Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Type

7.4.2.3. Market Attractiveness Index

7.4.3. Japan Phenolic Resin Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Type

7.4.3.3. Market Attractiveness Index

7.4.4. South Korea Phenolic Resin Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Type

7.4.4.3. Market Attractiveness Index

7.4.5. Australia Phenolic Resin Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Type

7.4.5.3. Market Attractiveness Index

7.4.6. Singapore Phenolic Resin Market Outlook

7.4.6.1. Market Size & Forecast

7.4.6.1.1. By Value & Volume

7.4.6.2. Market Share & Forecast

7.4.6.2.1. By Type

7.4.6.3. Market Attractiveness Index

7.4.7. Malaysia Phenolic Resin Market Outlook

7.4.7.1. Market Size & Forecast

7.4.7.1.1. By Value & Volume

7.4.7.2. Market Share & Forecast

7.4.7.2.1. By Type

7.4.7.3. Market Attractiveness Index

8. Europe & CIS Phenolic Resin Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Application

8.2.3. By Feedstock

8.2.4. By Country

8.3. Market Attractiveness Index

8.4. Europe: Country Analysis

8.4.1. France Phenolic Resin Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Type

8.4.1.3. Market Attractiveness Index

8.4.2. Germany Phenolic Resin Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Type

8.4.2.3. Market Attractiveness Index

8.4.3. United Kingdom Phenolic Resin Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Type

8.4.3.3. Market Attractiveness Index

8.4.4. Italy Phenolic Resin Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Type

8.4.4.3. Market Attractiveness Index

8.4.5. Spain Phenolic Resin Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Type

8.4.5.3. Market Attractiveness Index

9. North America Phenolic Resin Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Application

9.2.3. By Feedstock

9.2.4. By Country

9.3. Market Attractiveness Index

9.4. North America: Country Analysis

9.4.1. United States Phenolic Resin Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Type

9.4.1.3. Market Attractiveness Index

9.4.2. Mexico Phenolic Resin Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Type

9.4.2.3. Market Attractiveness Index

9.4.3. Canada Phenolic Resin Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Type

9.4.3.3. Market Attractiveness Index

10. South America Phenolic Resin Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3. Market Attractiveness Index

10.4. South America: Country Analysis

10.4.1. Brazil Phenolic Resin Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Type

10.4.1.3. Market Attractiveness Index

10.4.2. Argentina Phenolic Resin Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Type

10.4.2.3. Market Attractiveness Index

10.4.3. Colombia Phenolic Resin Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Type

10.4.3.3. Market Attractiveness Index

11. Middle East and Africa Phenolic Resin Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Feedstock

11.2.4. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. South Africa Phenolic Resin Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value & Volume

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Type

11.4.1.3. Market Attractiveness Index

11.4.2. Saudi Arabia Phenolic Resin Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value & Volume

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Type

11.4.2.3. Market Attractiveness Index

11.4.3. UAE Phenolic Resin Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value & Volume

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Type

11.4.3.3. Market Attractiveness Index

11.4.4. Qatar Phenolic Resin Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value & Volume

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Type

11.4.4.3. Market Attractiveness Index

12. Supply Chain Analysis

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends & Developments

15. Policy & Regulatory Landscape

16. Competitive Landscape

16.1. Competition Outlook

16.2. Company Profiles (Top 10 Companies)

16.2.1. DIC Corporation

16.2.2. Hexion Inc.,

16.2.3. Sumitomo Bakelite Co. Ltd.

16.2.4. Shandong Laiwu Runda New Material Co., Ltd.,

16.2.5. BASF SE

16.2.6. Changshu South-East Plastic Co. Ltd.

16.2.7. Hitachi Chemical Co. Ltd.,

16.2.8. SI Group, Inc,

16.2.9. Hubergroup.

16.2.10. Inabata & Co Ltd

16.2.11. Booregard

16.2.12. Kolon Industries, Inc.

16.2.13. Chang Chun Group

16.2.14. Asahi Yukizai Corporation,

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

Which companies may dominate the Global Phenolic Resin market?

DIC Corporation, Hexion Inc., Sumitomo Bakelite Co. Ltd., Hubergroup, Shandong Laiwu Runda New Material Co., Ltd., BASF SE, Changshu South-East Plastic Co. Ltd., Hitachi Chemical Co. Ltd., SI Group, Inc, Jinan Shengquan Group Share Holding Co., Ltd, Kolon Industries, Inc and. Inabata & Co Ltd will have major market share in Global Phenolic Resin market.

What is the study period for the Global Phenolic Resin market?

The global phenolic resin market was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2021 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

What are the major challenges that will impact the Global Phenolic Resin market?

Rising raw material prices, shrinking margin and supply chain disruption are the major tailwinds for the global phenolic resin market during 2022-2027 period.