Chemicals

Phenolic Resins Market 2023 – Size, Trends, Growth, Share, Key Drivers | Dainippon Ink and Chemicals Corporation, Hexion LLC, Chang Chun Plastics Co. Ltd., Mitsui Chemicals Inc., Hitachi Chemical Co.

The Business Research Company’s Phenolic Resins Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Phenolic Resins Global Market Report 2023 evaluates phenolic resins market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global phenolic resins market size grew from $12.45 billion in 2022 to $13.3 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The phenolic resins market size is expected to grow to $16.63 billion in 2027 at a CAGR of 5.7%.

The phenolic resins market segments in the report are:

1) Phenolic Resins Market By Type:
Resol
Novolac
Others Types

2) Phenolic Resins Market By Application:
Wood Adhesives
Molding
Insulation
Laminates
Paper Impregnation
Friction Materials
Refractory Materials
Other Applications

3) Phenolic Resins Market By End-User:
Building and Construction
Furniture
Automotive
Electrical and Electronics
Other End Users

Top Major Players

Dainippon Ink and Chemicals Corporation
Hexion LLC
Chang Chun Plastics Co. Ltd.
Mitsui Chemicals Inc.
Hitachi Chemical Co. Ltd.

North America was the largest region in the phenolic resins market in 2022.

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The table of contents in TBRC’s phenolic resins market report includes:

Executive Summary
Phenolic Resins Market Characteristics
Phenolic Resins Market Trends And Strategies
Phenolic Resins Market – Macro Economic Scenario
Phenolic Resins Market Size And Growth

………

Africa Phenolic Resins Market
Phenolic Resins Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Phenolic Resins Market
Phenolic Resins Market Future Outlook and Potential Analysis
Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Phenolic Resins Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 4: Global Phenolic Resins Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 5: Global Phenolic Resins Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

……….

Table 46: Dainippon Ink and Chemicals Corporation Financial Performance

Table 47: Hexion LLC Financial Performance

Table 48: Chang Chun Plastics Co. Ltd. Financial Performance

Table 49: Mitsui Chemicals Inc. Financial Performance

Table 50: Hitachi Chemical Co. Ltd. Financial Performance

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