Phenolic Resins Market Size, Share, Revenue, Trends And Drivers For 2023-2032
Phenolic Resins Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
The Business Research Company’s Phenolic Resins Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
The market size of global phenolic resins is expected to grow to $16.63 billion in 2027 at a CAGR of 5.7%.”
— The Bussiness Research Company
LONDON, GREATER LONDON, UK, November 20, 2023 /EINPresswire.com/ -- The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s “Phenolic Resins Global Market Report 2023” is a comprehensive source of information that covers every facet of the market. As per TBRC’s market forecast, the phenolic resins market size is predicted to reach $16.63 billion in 2027 at a CAGR of 5.7%.
The growth in the phenolic resins market is due to the growing need for lightweight, eco-friendly synthetic structures in the automotive industry. North America region is expected to hold the largest phenolic resins market share. Major players in the phenolic resins market include Dainippon Ink and Chemicals Corporation, Hexion LLC, Chang Chun Plastics Co. Ltd., Mitsui Chemicals Inc., Hitachi Chemical Co. Ltd.
Phenolic Resins Market Segments
• By Type: Resol, Novolac, Others Types
• By Application: Wood Adhesives, Molding, Insulation, Laminates, Paper Impregnation, Friction Materials, Refractory Materials, Other Applications
• By End-User: Building and Construction, Furniture, Automotive, Electrical and Electronics, Other End Users
• By Geography: The global phenolic resins market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=7838&type=smp
Phenolic resins are resins made from the polymerization of phenol and formaldehyde. The resins are known for high chemical, water, and temperature stability. Therefore, they are used in many commercial applications such as electronic circuits, automotive tires, and other automotive parts. Phenolic resins are not re-moldable but are recyclable.
Read More On The Phenolic Resins Global Market Report At:
https://www.thebusinessresearchcompany.com/report/phenolic-resins-global-market-report
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Market Characteristics
3. Phenolic Resins Market Trends And Strategies
4. Phenolic Resins Market – Macro Economic Scenario
5. Phenolic Resins Market Size And Growth
……
27. Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Market Future Outlook and Potential Analysis
30. Appendix
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