Phenolic Resins Market

Phenolic Resins Market Analysis By Type (Phenolic Resol Resins, Phenolic Novolac Resins & Others) By Application (Insulation Paper, Impegration, Wood Adhesives, Laminates & Molding) By End-Use, By Region – Global Market Insights 2022 to 2032

Analysis of Phenolic Resins market covering 30+ countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Phenolic Resins Market Growth Outlook (2022-2032)

The phenolic resins market size was valued at US$ 14.11 Billion in 2021. The global market is projected to grow from US$ 14.69 Billion in 2022 to US$ 24.78 Billion by 2032, growing at a CAGR (Compound Annual Growth Rate) of 5.4% during the forecast period from 2022 to 2032.

Phenolic resins account for around 2% of the global synthetic polymers market, but have the potential to contribute close to 5% of overall synthetic resin demand going forward.

The global resins market has been proliferating since the past few decades due to increased use in various applications. Resins, being easy to mould and withstand high tension, is the choice for many manufacturers for the replacement of expensive reinforced fibre.

Report Attributes

Details

Phenolic Resins Market Size in 2021

US$ 14.11 Billion

Estimated Market Value (2022E)

US$ 14.69 Billion

Forecast Market Value (2032F)

US$ 24.78 Billion

Global Market Growth Rate (2022-2032)

5.4% CAGR

North America Market Share (2021)

~ 31.9%

North America Growth Rate (2022-2032)

5.7% CAGR

U.S. Growth Rate (2022-2032)

5.7% CAGR

Top 5 Companies’ Market Share

~62.8%

Key Companies Profiled

  • 3M Company
  • DIC Corporation
  • Ashland
  • Hexcel Corporation
  • Arizona Chemical
  • Kolon Industries
  • Georgia-Pacific Chemicals
  • Owens Corning
  • Arclin Inc.
  • Olympic Panel Products LLC.
  • Hardwoods Inc.
  • American Micro Industries Inc.

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Consumption Analysis of Phenolic Resins (2017-2021) Vs. Market Outlook (2022-2032)

As per the analysis done by Fact.MR, a market research and competitive intelligence provider, it was observed that the global phenolic resin market expanded at a CAGR of 4.2% and accounted for US$ 14.11 billion by the end of 2021.

The global phenolic resins market is going to be attractive for producers in the long run with an expected growth rate of 5.4%, accounting for an absolute dollar opportunity of around US$ 10.1 billion.

Additionally, the North American region is a prominent market for phenolic resins, acquiring around 31.9% of the global phenolic resins market share at the end of 2021, and is expected to grow by 1.7X its market value by the end of 2032.

The market has been driven by high demand for resol resins over the years, which has captured 47.1% of the type of resin used. These types of resins dominate the market due to their high binding properties and are used as gluing agents in the furniture and construction industry.

Which Factors are Expected to Drive Demand for Phenolic Resins Over the Coming Years?

“High Demand for Phenolic Resins from Construction Industry”

With the ever-growing construction industry, the market for phenolic resins has been proliferating over the past decades. Moreover, the furniture industry has increased the lucrative use of phenolic resins as an adhesive agent due to their high binding properties.

Novolac is a type of phenolic resin that is reputed as an excellent binding agent and is in high demand in the furniture industry. Novolac resin is a prime choice for plywood manufacturers due to its low resistance to heat, and is easy to be used as an adhesive.

Growing infrastructure in the APAC region has poised an opportunity for producers of phenolic resins. The phenolic market in the APAC region is expected to grow 1.7X over the forecast period, considering the increased use of wood additives, laminates, and molding in the construction industry.

Trends followed by Fact.MR have revealed that the APAC region reached US$ 3.7 billion by the end of 2021 at a CAGR of 4.7%, and has exhibited the highest growth rate across the globe.

The phenolic resins market is attractively growing due to increased demand from various manufacturers due to enhanced properties such as high moldability, high heat resistance, low toxicity of smoke, mechanical strength, and ability to blend with polymers.

Additionally, increased research and development in the field of replacing natural fibers with increased tensile strength and heat resistance has been a driving factor for the sales of phenolic resins.

Phenolic resins market forecast by Fact.MR

Country-Wise Analysis

Why is the United States a Prominent Consumer of Phenolic Resins?

The U.S. phenolic resins markets have been developing at a CAGR of 3.6% till 2021, and is forecasted to be one of the most attractive market for phenolic resins over the coming years. The U.S is a leading producer of automotive accessories and electronic & electrical components, and has acquired nearly 87.8% of the phenolic resin market share in North America.

The U.S. stands out in the market of phenolic resins for rising demand from the automotive and aerospace industries. The U.S. is home to leading aircraft manufacturers such as Boeing, Lockheed Martin, and United Technology. As phenolic resins are used for thermal jacketing aircraft, the U.S. poses to be a prominent demand generator for phenolic resins.

The U.S. phenolic resins market reached a valuation of US$ 3.95 billion in 2021, and is expected to create an absolute $ opportunity of US$ 3.04 billion during the forecast period.

Will APAC Provide Lucrative Opportunities for Phenolic Resin Manufacturers?

The APAC phenolic resins market is the largest market in terms of consumption due to the presence of highly populated countries such as India and China. India, being a developing country, is pacing up to strengthen its infrastructure.

Phenolic resins are a major component in construction and also in the automotive industry, and are used as adhesive and binding agents, where APAC stands prominently to generate high demand for phenolic resin over the coming years.

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Category-wise Analysis

Why are Resol Resins Set to Remain Highly Attractive?

Resol resins is the most attractive category in the market due to their diversified use in construction, furniture, automotive, electrical & electronics, and much more.

This category registered a CAGR of 4.5% till 2021 with a market value of US$ 6.64 billion, and is expected to surge ahead at a CAGR of 6.2%. Hike in the market for resol resins is due to increase in application in adhesives, plywood and laminate composites.

Additionally, demand is driven by rapid growth in the automobile and construction & building industries.

The resol resins market is followed by Novolac resins at an attractive CAGR of 4% during the historical period, and is projected to grow 1.6X over the forecast period and create an absolute dollar opportunity of US$ 3.37 billion. This is due to extensive use of novolac resins in adhesives due to their excellent binding properties.

Which Phenolic Resin Application is Predicted to Bring in High Revenue?

The insulation application stands out in the market with a valuation of US$ 3.42 million at the end of 2021.

Insulation application of phenolic resins is likely to be attractive due to increased end uses in the automobile and electrical & electronics sectors, which is creating demand and driving the market at a CAGR of 6.4%.

The insulation application is set to capture around 20.4% market share. This application is facing direct competition from the paper impetration application, which is poised to grow 1.8X, creating an absolute dollar opportunity of US$ 2.47 billion.

Phenolic resin application in electrical & electronics, building & construction, and furniture gives tough competition to the other categories and stands out with an aggregate market value share of 71%. Due to high use of automotive across the globe, demand for phenolic resins is set to witness steady growth over the coming years.

Competition Landscape

3M Company, DIC Corporation, Owens Corning, Arclin Inc., Olympic Panel Products LLC., Hardwoods Inc., Arizona Chemical, Kolon Industries, Georgia-Pacific Chemicals, Ashland, Hexcel Corporation, American Micro Industries Inc. are key suppliers of phenolic resins.

  • Market players such as 3M and Arizona Chemicals are continuously performing research & development to increase the strength of phenolic resins to be used in fire retardants, sealant coatings, etc.
  • DIC Corporation’s phenolic resins PHENOLITE is gaining huge attention across industries due to its improved properties such as flame resistance, cost-effective, high tensile strength, and chemical resistance.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Industry Research by Category

  • By Type :

    • Resol Resins
    • Novolac Resins
    • Other Product Types
  • By Application :

    • Insulation
    • Paper Impegration
    • Wood Adhesives
    • Laminates
    • Molding
    • Other Applications
  • By End Use :

    • Electrical & Electronics
    • Building & Construction
    • Furniture
    • Automotive
    • Other End Uses
  • By Region :

    • North America 
    • Latin America 
    • Europe 
    • Asia Pacific 
    • Middle East & Africa 

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Market Background 

    4.1. Global Phenolic Resins Production Capacity

    4.2. Actual Production and Demand Supply Gap Analysis

    4.3. Global Resins Market Overview

    4.4. Global Phenolic Resins Market Overview

    4.5. Scenario Forecast

        4.5.1. Demand in Optimistic Scenario

        4.5.2. Demand in Likely Scenario

        4.5.3. Demand in Conservative Scenario

    4.6. Macro-Economic Factors 

    4.7. Forecast Factors-Relevance & Impact

    4.8. Opportunity Assessment 

        4.8.1. Total Available Market

        4.8.2. Service Addressable Market

        4.8.3. Service Obtainable Market

    4.9. Market Dynamics

        4.9.1. Drivers

        4.9.2. Restraints

        4.9.3. Opportunity 

        4.9.4. Trends

    4.10. Investment Feasibility Matrix

    4.11. PESTLE and Porter’s Analysis

5. Value Chain Analysis

    5.1. Operating Margins (at each node of value chain)

    5.2. Key Manufacturers 

    5.3. Key Product Manufacturers (finished product)

    5.4. End-Use Industry  

6. Global Phenolic Resins Market - Pricing Analysis

    6.1. Regional Pricing Analysis (USD) By Product Type, 2022

    6.2. Pricing Break-up

    6.3. Global Average Pricing Analysis Benchmark

7. Global Phenolic Resins Market Value 2017-2021 Analysis and Forecast, 2022-2032

    7.1. Historical Market Value (USD Million) Analysis, 2017-2021

    7.2. Current and Future Market Value (USD Million) Projections, 2022-2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032, By Product Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (USD Million) Analysis By Product Type, 2017-2021

    8.3. Current and Future Market Size (USD Million) Analysis and Forecast By Product Type, 2022-2032

        8.3.1. Resol Resin

        8.3.2. Novolac Resin

        8.3.3. Other Product Types 

    8.4. Market Attractiveness Analysis By Product Type

9. Global Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032, By Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (USD Million) Analysis By Application, 2017-2021

    9.3. Current and Future Market Size (USD Million) Analysis and Forecast By Application, 2022-2032

        9.3.1. Insulation

        9.3.2. Paper Impegration

        9.3.3. Wood Adhesives

        9.3.4. Laminates

        9.3.5. Molding

        9.3.6. Other Applications

    9.4. Market Attractiveness Analysis By Application 

10. Global Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032, By End-Use

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (USD Million) Analysis By End-Use, 2017-2021

    10.3. Current and Future Market Size (USD Million) Analysis and Forecast By End-Use, 2022- 2032

        10.3.1. Electrical & Electronics

        10.3.2. Building & Construction

        10.3.3. Furniture

        10.3.4. Automotive

        10.3.5. Other End-Uses

    10.4. Market Attractiveness Analysis By End-Use

11. Global Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032, By Region

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (USD Million) Analysis By Region, 2017-2021

    11.3. Current and Future Market Size (USD Million) Analysis and Forecast By Region, 2022-2032

        11.3.1.  North America

        11.3.2.  Latin America

        11.3.3.  Europe

        11.3.4.  Asia Pacific (APAC)

        11.3.5.  Middle East and Africa (MEA)

    11.4. Market Attractiveness Analysis By Region

12. North America Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032

    12.1. Introduction

    12.2. Historical Market Size (USD Million) Trend Analysis By Market Taxonomy, 2017-2021

    12.3. Market Size (USD Million) Forecast By Market Taxonomy, 2022-2032

        12.3.1. By Country

            12.3.1.1. U.S.

            12.3.1.2. Canada

        12.3.2. By Product Type

        12.3.3. By Application

        12.3.4. By End-Use

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Product Type

        12.4.3. By Application

        12.4.4. By End-Use

    12.5. Key Takeaways

13. Latin America Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032

    13.1. Introduction

    13.2. Historical Market Size (USD Million) Trend Analysis By Market Taxonomy, 2017-2021

    13.3. Market Size (USD Million) Forecast By Market Taxonomy, 2022-2032

        13.3.1. By Country

            13.3.1.1. Brazil

            13.3.1.2. Mexico

            13.3.1.3. Argentina

            13.3.1.4. Chile

            13.3.1.5. Peru

            13.3.1.6. Rest of Latin America

        13.3.2. By Product Type

        13.3.3. By Application

        13.3.4. By End-Use

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Product Type

        13.4.3. By Application

        13.4.4. By End-Use

    13.5. Key Takeaways

14. Europe Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032

    14.1. Introduction

    14.2. Historical Market Size (USD Million) Trend Analysis By Market Taxonomy, 2017-2021

    14.3. Market Size (USD Million) Forecast By Market Taxonomy, 2022-2032

        14.3.1.  By Country

            14.3.1.1. Germany

            14.3.1.2. Italy

            14.3.1.3. France

            14.3.1.4. U.K.

            14.3.1.5. Spain

            14.3.1.6. Russia

            14.3.1.7. BENELUX

            14.3.1.8. Rest of Europe

        14.3.2. By Product Type

        14.3.3. By Application

        14.3.4. By End-Use

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Product Type

        14.4.3. By Application

        14.4.4. By End-Use

    14.5. Key Takeaways

15. Asia Pacific (APAC) Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032

    15.1. Introduction

    15.2. Historical Market Size (USD Million) Trend Analysis By Market Taxonomy, 2017-2021

    15.3. Market Size (USD Million) Forecast By Market Taxonomy, 2022-2032

        15.3.1.  By Country

            15.3.1.1. China

            15.3.1.2. Japan

            15.3.1.3. India

            15.3.1.4. South Korea

            15.3.1.5. Australia

            15.3.1.6. Rest of APAC

        15.3.2. By Product Type

        15.3.3. By Application

        15.3.4. By End-Use

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Product Type

        15.4.3. By Application

        15.4.4. By End-Use

    15.5. Key Takeaways

16. Middle East and Africa (MEA) Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032

    16.1. Introduction

    16.2. Historical Market Size (USD Million) Trend Analysis By Market Taxonomy, 2017-2021

    16.3. Market Size (USD Million) Forecast By Market Taxonomy, 2022-2032

        16.3.1.  By Country

            16.3.1.1. GCC Countries

            16.3.1.2. South Africa

            16.3.1.3. Turkey

            16.3.1.4. Rest of Middle East and Africa

        16.3.2. By Product Type

        16.3.3. By Application

        16.3.4. By End-Use

    16.4. Market Attractiveness Analysis

        16.4.1. By Country

        16.4.2. By Product Type

        16.4.3. By Application

        16.4.4. By End-Use

    16.5. Key Takeaways

17. Key Countries Phenolic Resins Market 2017-2021 Analysis and Forecast 2022-2032

    17.1. U.S. Phenolic Resins Market Analysis

        17.1.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.1.1.1. By Product Type

            17.1.1.2. By Application

            17.1.1.3. By End-Use

    17.2. Canada Phenolic Resins Market Analysis

        17.2.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.2.1.1. By Product Type

            17.2.1.2. By Application

            17.2.1.3. By End-Use

    17.3. Brazil Phenolic Resins Market Analysis

        17.3.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.3.1.1. By Product Type

            17.3.1.2. By Application

            17.3.1.3. By End-Use

    17.4. Mexico Phenolic Resins Market Analysis

        17.4.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.4.1.1. By Product Type

            17.4.1.2. By Application

            17.4.1.3. By End-Use

    17.5. Chile Phenolic Resins Market Analysis

        17.5.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.5.1.1. By Product Type

            17.5.1.2. By Application

            17.5.1.3. By End-Use

    17.6. Peru Phenolic Resins Market Analysis

        17.6.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.6.1.1. By Product Type

            17.6.1.2. By Application

            17.6.1.3. By End-Use

    17.7. Argentina Phenolic Resins Market Analysis

        17.7.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.7.1.1. By Product Type

            17.7.1.2. By Application

            17.7.1.3. By End-Use

    17.8. Rest of Latin America Phenolic Resins Market Analysis

        17.8.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.8.1.1. By Product Type

            17.8.1.2. By Application

            17.8.1.3. By End-Use

    17.9. Germany Phenolic Resins Market Analysis

        17.9.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.9.1.1. By Product Type

            17.9.1.2. By Application

            17.9.1.3. By End-Use

    17.10. Italy Phenolic Resins Market Analysis

        17.10.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.10.1.1. By Product Type

            17.10.1.2. By Application

            17.10.1.3. By End-Use

    17.11. Russia Phenolic Resins Market Analysis

        17.11.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.11.1.1. By Product Type

            17.11.1.2. By Application

            17.11.1.3. By End-Use

    17.12. BENELUX Phenolic Resins Market Analysis

        17.12.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.12.1.1. By Product Type

            17.12.1.2. By Application

            17.12.1.3. By End-Use

    17.13. UK Phenolic Resins Market Analysis

        17.13.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.13.1.1. By Product Type

            17.13.1.2. By Application

            17.13.1.3. By End-Use

    17.14. France Phenolic Resins Market Analysis

        17.14.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.14.1.1. By Product Type

            17.14.1.2. By Application

            17.14.1.3. By End-Use

    17.15. Spain Phenolic Resins Market Analysis

        17.15.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.15.1.1. By Product Type

            17.15.1.2. By Application

            17.15.1.3. By End-Use

    17.16. Nordic Phenolic Resins Market Analysis

        17.16.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.16.1.1. By Product Type

            17.16.1.2. By Application

            17.16.1.3. By End-Use

    17.17. Rest Of Europe Phenolic Resins Market Analysis

        17.17.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.17.1.1. By Product Type

            17.17.1.2. By Application

            17.17.1.3. By End-Use

    17.18. China Phenolic Resins Market Analysis

        17.18.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.18.1.1. By Product Type

            17.18.1.2. By Application

            17.18.1.3. By End-Use

    17.19. Japan Phenolic Resins Market Analysis

        17.19.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.19.1.1. By Product Type

            17.19.1.2. By Application

            17.19.1.3. By End-Use

    17.20. South Korea Phenolic Resins Market Analysis

        17.20.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.20.1.1. By Product Type

            17.20.1.2. By Application

            17.20.1.3. By End-Use

    17.21. Malaysia Phenolic Resins Market Analysis

        17.21.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.21.1.1. By Product Type

            17.21.1.2. By Application

            17.21.1.3. By End-Use

    17.22. India Phenolic Resins Market Analysis

        17.22.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.22.1.1. By Product Type

            17.22.1.2. By Application

            17.22.1.3. By End-Use

    17.23. Thailand Phenolic Resins Market Analysis

        17.23.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.23.1.1. By Product Type

            17.23.1.2. By Application

            17.23.1.3. By End-Use

    17.24. Indonesia Phenolic Resins Market Analysis

        17.24.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.24.1.1. By Product Type

            17.24.1.2. By Application

            17.24.1.3. By End-Use

    17.25. Rest of South Asia & Oceania Phenolic Resins Market Analysis

        17.25.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.25.1.1. By Product Type

            17.25.1.2. By Application

            17.25.1.3. By End-Use

    17.26. Australia Phenolic Resins Market Analysis

        17.26.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.26.1.1. By Product Type

            17.26.1.2. By Application

            17.26.1.3. By End-Use

    17.27. New Zealand Phenolic Resins Market Analysis

        17.27.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.27.1.1. By Product Type

            17.27.1.2. By Application

            17.27.1.3. By End-Use

    17.28. GCC Countries Phenolic Resins Market Analysis

        17.28.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.28.1.1. By Product Type

            17.28.1.2. By Application

            17.28.1.3. By End-Use

    17.29. South Africa Phenolic Resins Market Analysis

        17.29.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.29.1.1. By Product Type

            17.29.1.2. By Application

            17.29.1.3. By End-Use

    17.30. Northern Africa Phenolic Resins Market Analysis

        17.30.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.30.1.1. By Product Type

            17.30.1.2. By Application

            17.30.1.3. By End-Use

    17.31. Turkey Phenolic Resins Market Analysis

        17.31.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.31.1.1. By Product Type

            17.31.1.2. By Application

            17.31.1.3. By End-Use

    17.32. Rest Of Middle East & Africa Phenolic Resins Market Analysis

        17.32.1. Market Value (USD Million) Analysis and Forecast by Market Taxonomy

            17.32.1.1. By Product Type

            17.32.1.2. By Application

            17.32.1.3. By End-Use

18. Market Structure Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking

    18.3. Market Share Analysis of Top Players

        18.3.1. By Regional 

        18.3.2. By Product Type

        18.3.3. By Application

        18.3.4. By End-Use

19. Competition Analysis

    19.1. Brand Assessment 

    19.2. Competition Dashboard

    19.3. Pricing Analysis by Competition

    19.4. Competition Benchmarking of Products

    19.5. Competition Deep Dive

        19.5.1. 3M Company

            19.5.1.1. Overview

            19.5.1.2. Product Portfolio

            19.5.1.3. Sales Footprint

            19.5.1.4. Strategy Overview

            19.5.1.5. Marketing Strategy

            19.5.1.6. Product Strategy

            19.5.1.7. Channel Strategy

        19.5.2. DIC Corporation

            19.5.2.1. Overview

            19.5.2.2. Product Portfolio

            19.5.2.3. Sales Footprint

            19.5.2.4. Strategy Overview

            19.5.2.5. Marketing Strategy

            19.5.2.6. Product Strategy

            19.5.2.7. Channel Strategy

        19.5.3. Ashland 

            19.5.3.1. Overview

            19.5.3.2. Product Portfolio

            19.5.3.3. Sales Footprint

            19.5.3.4. Strategy Overview

            19.5.3.5. Marketing Strategy

            19.5.3.6. Product Strategy

            19.5.3.7. Channel Strategy

        19.5.4. Hexcel Corporation

            19.5.4.1. Overview

            19.5.4.2. Product Portfolio

            19.5.4.3. Sales Footprint

            19.5.4.4. Strategy Overview

            19.5.4.5. Marketing Strategy

            19.5.4.6. Product Strategy

            19.5.4.7. Channel Strategy

        19.5.5. Arizona Chemical

            19.5.5.1. Overview

            19.5.5.2. Product Portfolio

            19.5.5.3. Sales Footprint

            19.5.5.4. Strategy Overview

            19.5.5.5. Marketing Strategy

            19.5.5.6. Product Strategy

            19.5.5.7. Channel Strategy

        19.5.6. Kolon Industries

            19.5.6.1. Overview

            19.5.6.2. Product Portfolio

            19.5.6.3. Sales Footprint

            19.5.6.4. Strategy Overview

            19.5.6.5. Marketing Strategy

            19.5.6.6. Product Strategy

            19.5.6.7. Channel Strategy

        19.5.7. Georgia-Pacific Chemicals

            19.5.7.1. Overview

            19.5.7.2. Product Portfolio

            19.5.7.3. Sales Footprint

            19.5.7.4. Strategy Overview

            19.5.7.5. Marketing Strategy

            19.5.7.6. Product Strategy

            19.5.7.7. Channel Strategy

        19.5.8. Owens Corning

            19.5.8.1. Overview

            19.5.8.2. Product Portfolio

            19.5.8.3. Sales Footprint

            19.5.8.4. Strategy Overview

            19.5.8.5. Marketing Strategy

            19.5.8.6. Product Strategy

            19.5.8.7. Channel Strategy

        19.5.9. Arclin Inc.

            19.5.9.1. Overview

            19.5.9.2. Product Portfolio

            19.5.9.3. Sales Footprint

            19.5.9.4. Strategy Overview

            19.5.9.5. Marketing Strategy

            19.5.9.6. Product Strategy

            19.5.9.7. Channel Strategy

        19.5.10. Olympic Panel Products LLC.

            19.5.10.1. Overview

            19.5.10.2. Product Portfolio

            19.5.10.3. Sales Footprint

            19.5.10.4. Strategy Overview

            19.5.10.5. Marketing Strategy

            19.5.10.6. Product Strategy

            19.5.10.7. Channel Strategy

        19.5.11. Hardwoods Inc.

            19.5.11.1. Overview

            19.5.11.2. Product Portfolio

            19.5.11.3. Sales Footprint

            19.5.11.4. Strategy Overview

            19.5.11.5. Marketing Strategy

            19.5.11.6. Product Strategy

            19.5.11.7. Channel Strategy

        19.5.12. American Micro Industries Inc.

            19.5.12.1. Overview

            19.5.12.2. Product Portfolio

            19.5.12.3. Sales Footprint

            19.5.12.4. Strategy Overview

            19.5.12.5. Marketing Strategy

            19.5.12.6. Product Strategy

            19.5.12.7. Channel Strategy

20. Assumptions & Acronyms Used

21. Research Methodology

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List Of Table

Table 1: Global Phenolic Resins Market Value (USD Million) and Forecast by Region, 2017-2021 

Table 2: Global Phenolic Resins Market Value (USD Million) and Forecast by Region, 2022-2032

Table 3: Global Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2017-2021 

Table 4: Global Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2022-2032

Table 5: Global Phenolic Resins Market Value (USD Million) and Forecast by Application, 2017-2021 

Table 6: Global Phenolic Resins Market Value (USD Million) and Forecast by Application, 2022-2032

Table 7: Global Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2017-2021 

Table 8: Global Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2022-2032

Table 9: North America Phenolic Resins Market Value (USD Million) and Forecast by Country, 2017-2021 

Table 10: North America Phenolic Resins Market Value (USD Million) and Forecast by Country, 2022-2032

Table 11: North America Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2017-2021 

Table 12: North America Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2022-2032

Table 13: North America Phenolic Resins Market Value (USD Million) and Forecast by Application, 2017-2021 

Table 14: North America Phenolic Resins Market Value (USD Million) and Forecast by Application, 2022-2032

Table 15: North America Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2017-2021 

Table 16: North America Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2022-2032

Table 17: Latin America Phenolic Resins Market Value (USD Million) and Forecast by Country, 2017-2021 

Table 18: Latin America Phenolic Resins Market Value (USD Million) and Forecast by Country, 2022-2032

Table 19: Latin America Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2017-2021 

Table 20: Latin America Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2022-2032

Table 21: Latin America Phenolic Resins Market Value (USD Million) and Forecast by Application, 2017-2021 

Table 22: Latin America Phenolic Resins Market Value (USD Million) and Forecast by Application, 2022-2032

Table 23: Latin America Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2017-2021 

Table 24: Latin America Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2022-2032

Table 25: Europe Phenolic Resins Market Value (USD Million) and Forecast by Country, 2017-2021 

Table 26: Europe Phenolic Resins Market Value (USD Million) and Forecast by Country, 2022-2032

Table 27: Europe Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2017-2021 

Table 28: Europe Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2022-2032

Table 29: Europe Phenolic Resins Market Value (USD Million) and Forecast by Application, 2017-2021 

Table 30: Europe Phenolic Resins Market Value (USD Million) and Forecast by Application, 2022-2032

Table 31: Europe Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2017-2021 

Table 32: Europe Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2022-2032

Table 33: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by Country, 2017-2021 

Table 34: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by Country, 2022-2032

Table 35: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2017-2021 

Table 36: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2022-2032

Table 37: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by Application, 2017-2021 

Table 38: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by Application, 2022-2032

Table 39: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2017-2021 

Table 40: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2022-2032

Table 41: MEA Phenolic Resins Market Value (USD Million) and Forecast by Country, 2017-2021 

Table 42: MEA Phenolic Resins Market Value (USD Million) and Forecast by Country, 2022-2032

Table 43: MEA Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2017-2021 

Table 44: MEA Phenolic Resins Market Value (USD Million) and Forecast by Product Type, 2022-2032

Table 45: MEA Phenolic Resins Market Value (USD Million) and Forecast by Application, 2017-2021 

Table 46: MEA Phenolic Resins Market Value (USD Million) and Forecast by Application, 2022-2032

Table 47: MEA Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2017-2021 

Table 48: MEA Phenolic Resins Market Value (USD Million) and Forecast by End-Use, 2022-2032

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List Of Figures

Figure 1: Global Phenolic Resins Market Value (USD Million) Forecast, 2022-2032

Figure 2: Global Phenolic Resins Market Absolute $ Opportunity (USD Million), 2022-2032

Figure 3: Global Phenolic Resins Market Value (USD Million) by Region, 2022 & 2032

Figure 4: Global Phenolic Resins Market Y-o-Y Growth Rate by Region, 2022-2032

Figure 5: Global Phenolic Resins Market Value (USD Million) by Product Type, 2022 & 2032

Figure 6: Global Phenolic Resins Market Y-o-Y Growth Rate by Product Type, 2022-2032

Figure 7: Global Phenolic Resins Market Value (USD Million) by Application, 2022 & 2032

Figure 8: Global Phenolic Resins Market Y-o-Y Growth Rate by Application, 2022-2032

Figure 9: Global Phenolic Resins Market Value (USD Million) by End-Use, 2022 & 2032

Figure 10: Global Phenolic Resins Market Y-o-Y Growth Rate by End-Use, 2022-2032

Figure 11: North America Phenolic Resins Market Value (USD Million) Forecast, 2022-2032

Figure 12: North America Phenolic Resins Market Absolute $ Opportunity (USD Million), 2022-2032

Figure 13: North America Phenolic Resins Market Value (USD Million) by Country, 2022 & 2032

Figure 14: North America Phenolic Resins Market Y-o-Y Growth Rate by Country, 2022-2032

Figure 15: North America Phenolic Resins Market Value (USD Million) by Product Type, 2022 & 2032

Figure 16: North America Phenolic Resins Market Y-o-Y Growth Rate by Product Type, 2022-2032

Figure 17: North America Phenolic Resins Market Value (USD Million) by Application, 2022 & 2032

Figure 18: North America Phenolic Resins Market Y-o-Y Growth Rate by Application, 2022-2032

Figure 19: North America Phenolic Resins Market Value (USD Million) by End-Use, 2022 & 2032

Figure 20: North America Phenolic Resins Market Y-o-Y Growth Rate by End-Use, 2022-2032

Figure 21: North America Phenolic Resins Market Attractiveness Analysis by Country, 2022-2032

Figure 22: North America Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 23: North America Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 24: North America Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 25: Latin America Phenolic Resins Market Value (USD Million) Forecast, 2022-2032

Figure 26: Latin America Phenolic Resins Market Absolute $ Opportunity (USD Million), 2022-2032

Figure 27: Latin America Phenolic Resins Market Value (USD Million) by Country, 2022 & 2032

Figure 28: Latin America Phenolic Resins Market Y-o-Y Growth Rate by Country, 2022-2032

Figure 29: Latin America Phenolic Resins Market Value (USD Million) by Product Type, 2022 & 2032

Figure 30: Latin America Phenolic Resins Market Y-o-Y Growth Rate by Product Type, 2022-2032

Figure 31: Latin America Phenolic Resins Market Value (USD Million) by Application, 2022 & 2032

Figure 32: Latin America Phenolic Resins Market Y-o-Y Growth Rate by Application, 2022-2032

Figure 33: Latin America Phenolic Resins Market Value (USD Million) by End-Use, 2022 & 2032

Figure 34: Latin America Phenolic Resins Market Y-o-Y Growth Rate by End-Use, 2022-2032

Figure 35: Latin America Phenolic Resins Market Attractiveness Analysis by Country, 2022-2032

Figure 36: Latin America Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 37: Latin America Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 38: Latin America Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 39: Europe Phenolic Resins Market Value (USD Million) Forecast, 2022-2032

Figure 40: Europe Phenolic Resins Market Absolute $ Opportunity (USD Million), 2022-2032

Figure 41: Europe Phenolic Resins Market Value (USD Million) by Country, 2022 & 2032

Figure 42: Europe Phenolic Resins Market Y-o-Y Growth Rate by Country, 2022-2032

Figure 43: Europe Phenolic Resins Market Value (USD Million) by Product Type, 2022 & 2032

Figure 44: Europe Phenolic Resins Market Y-o-Y Growth Rate by Product Type, 2022-2032

Figure 45: Europe Phenolic Resins Market Value (USD Million) by Application, 2022 & 2032

Figure 46: Europe Phenolic Resins Market Y-o-Y Growth Rate by Application, 2022-2032

Figure 47: Europe Phenolic Resins Market Value (USD Million) by End-Use, 2022 & 2032

Figure 48: Europe Phenolic Resins Market Y-o-Y Growth Rate by End-Use, 2022-2032

Figure 49: Europe Phenolic Resins Market Attractiveness Analysis by Country, 2022-2032

Figure 50: Europe Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 51: Europe Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 52: Europe Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 53: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) Forecast, 2022-2032

Figure 54: Asia Pacific (APAC) Phenolic Resins Market Absolute $ Opportunity (USD Million), 2022-2032

Figure 55: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) by Country, 2022 & 2032

Figure 56: Asia Pacific (APAC) Phenolic Resins Market Y-o-Y Growth Rate by Country, 2022-2032

Figure 57: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) by Product Type, 2022 & 2032

Figure 58: Asia Pacific (APAC) Phenolic Resins Market Y-o-Y Growth Rate by Product Type, 2022-2032

Figure 59: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) by Application, 2022 & 2032

Figure 60: Asia Pacific (APAC) Phenolic Resins Market Y-o-Y Growth Rate by Application, 2022-2032

Figure 61: Asia Pacific (APAC) Phenolic Resins Market Value (USD Million) by End-Use, 2022 & 2032

Figure 62: Asia Pacific (APAC) Phenolic Resins Market Y-o-Y Growth Rate by End-Use, 2022-2032

Figure 63: Asia Pacific (APAC) Phenolic Resins Market Attractiveness Analysis by Country, 2022-2032

Figure 64: Asia Pacific (APAC) Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 65: Asia Pacific (APAC) Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 66: Asia Pacific (APAC) Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 67: MEA Phenolic Resins Market Value (USD Million) Forecast, 2022-2032

Figure 68: MEA Phenolic Resins Market Absolute $ Opportunity (USD Million), 2022-2032

Figure 69: MEA Phenolic Resins Market Value (USD Million) by Country, 2022 & 2032

Figure 70: MEA Phenolic Resins Market Y-o-Y Growth Rate by Country, 2022-2032

Figure 71: MEA Phenolic Resins Market Value (USD Million) by Product Type, 2022 & 2032

Figure 72: MEA Phenolic Resins Market Y-o-Y Growth Rate by Product Type, 2022-2032

Figure 73: MEA Phenolic Resins Market Value (USD Million) by Application, 2022 & 2032

Figure 74: MEA Phenolic Resins Market Y-o-Y Growth Rate by Application, 2022-2032

Figure 75: MEA Phenolic Resins Market Value (USD Million) by End-Use, 2022 & 2032

Figure 76: MEA Phenolic Resins Market Y-o-Y Growth Rate by End-Use, 2022-2032

Figure 77: MEA Phenolic Resins Market Attractiveness Analysis by Country, 2022-2032

Figure 78: MEA Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 78: MEA Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 79: MEA Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 80: U.S. Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 81: U.S. Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 82: U.S. Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 83: Canada Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 84: Canada Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 85: Canada Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 86: Brazil Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 87: Brazil Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 88: Brazil Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 89: Mexico Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 90: Mexico Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 91: Mexico Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 92: U.K. Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 93: U.K. Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 94: U.K. Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 95: Germany Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 96: Germany Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 97: Germany Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 98: France Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 99: France Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 100: France Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 101: Italy Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 102: Italy Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 103: Italy Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 104: Spain Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 105: Spain Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 106: Spain Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 107: China Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 108: China Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 109: China Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 110: Japan Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 111: Japan Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 112: Japan Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 113: South Korea Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 114: South Korea Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 115: South Korea Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 116: India Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 117: India Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 118: India Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 119: ASEAN Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 120: ASEAN Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 121: ASEAN Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Figure 122: GCC countries Phenolic Resins Market Attractiveness Analysis by Product Type, 2022-2032

Figure 123: GCC countries Phenolic Resins Market Attractiveness Analysis by Application, 2022-2032

Figure 124: GCC countries Phenolic Resins Market Attractiveness Analysis by End-Use, 2022-2032

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the current valuation of the phenolic resins market?

Currently, the global phenolic resins market is pegged at US$ 14.69 billion.

At what CAGR is demand for phenolic resins expected to grow?

Phenolic resin utilization is anticipated to increase at a CAGR of around 5.4% through 2032.

What is one of the vital market defining trends in the phenolic resins market?

Key suppliers of of phenolic resins have been investing in R&D to increase the tensile strength and flexibility of laminate and coating agents, and developing heat resistance and flame inhibition products.

Which are the top phenolic resin brands?

Top companies manufacturing phenolic resins are 3M Company, DIC Corporation, Ashland, Hexcel Corporation, Arizona Chemical, Kolon Industries, Georgia-Pacific Chemicals, Owens Corning, Arclin Inc., Olympic Panel Products LLC., Hardwoods Inc., and American

What outlook does the U.S. market provide for phenolic resins?

The U.S. is estimated to hold around 87.8% of the North America phenolic resins market value.

Phenolic Resins Market

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