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Phenolic Resin-Global Market Insights and Sales Trends 2025
Synopsis
The global Phenolic Resin market size is expected to reach US$ 14310 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Phenolic Resin in various end use industries. The expanding demands from the Automotive, Construction, Electronics and Others, are propelling Phenolic Resin market. Resol Resin, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Novolac Resin segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Phenolic Resin market, driven by demand from China, the second largest economy with some signs of stabilising, the Phenolic Resin market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Phenolic Resin, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Phenolic Resin market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Phenolic Resin market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phenolic Resin sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Phenolic Resin covered in this report include Hexion, Hitachi Chemical, Sumitomo Bakelite, BASF, AkzoNobel, Owens Corning, Ashland, Arclin Inc and DIC Corporation, etc.
The global Phenolic Resin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hexion
Hitachi Chemical
Sumitomo Bakelite
BASF
AkzoNobel
Owens Corning
Ashland
Arclin Inc
DIC Corporation
Kolon Industries
Shandong Laiwu Runda New Material
Dujodwala Paper Chemicals Ltd
Changshu South-East Plastic Co., Ltd
Global Phenolic Resin market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Phenolic Resin market, Segment by Type:
Resol Resin
Novolac Resin
Others
Global Phenolic Resin market, by Application
Automotive
Construction
Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Phenolic Resin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Phenolic Resin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Phenolic Resin market size is expected to reach US$ 14310 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Phenolic Resin in various end use industries. The expanding demands from the Automotive, Construction, Electronics and Others, are propelling Phenolic Resin market. Resol Resin, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Novolac Resin segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Phenolic Resin market, driven by demand from China, the second largest economy with some signs of stabilising, the Phenolic Resin market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Phenolic Resin, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Phenolic Resin market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Phenolic Resin market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Phenolic Resin sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Phenolic Resin covered in this report include Hexion, Hitachi Chemical, Sumitomo Bakelite, BASF, AkzoNobel, Owens Corning, Ashland, Arclin Inc and DIC Corporation, etc.
The global Phenolic Resin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Hexion
Hitachi Chemical
Sumitomo Bakelite
BASF
AkzoNobel
Owens Corning
Ashland
Arclin Inc
DIC Corporation
Kolon Industries
Shandong Laiwu Runda New Material
Dujodwala Paper Chemicals Ltd
Changshu South-East Plastic Co., Ltd
Global Phenolic Resin market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Phenolic Resin market, Segment by Type:
Resol Resin
Novolac Resin
Others
Global Phenolic Resin market, by Application
Automotive
Construction
Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Phenolic Resin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Phenolic Resin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Phenolic Resin Market Overview
1.1 Phenolic Resin Product Overview
1.2 Phenolic Resin Market Segment by Type
1.2.1 Resol Resin
1.2.2 Novolac Resin
1.2.3 Others
1.3 Global Phenolic Resin Market Size by Type
1.3.1 Global Phenolic Resin Market Size Overview by Type (2018-2029)
1.3.2 Global Phenolic Resin Historic Market Size Review by Type (2018-2023)
1.3.3 Global Phenolic Resin Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Phenolic Resin Sales Breakdown by Type (2018-2023)
1.4.2 Europe Phenolic Resin Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Phenolic Resin Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Phenolic Resin Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Phenolic Resin Sales Breakdown by Type (2018-2023)
2 Global Phenolic Resin Market Competition by Company
2.1 Global Top Players by Phenolic Resin Sales (2018-2023)
2.2 Global Top Players by Phenolic Resin Revenue (2018-2023)
2.3 Global Top Players by Phenolic Resin Price (2018-2023)
2.4 Global Top Manufacturers Phenolic Resin Manufacturing Base Distribution, Sales Area, Product Type
2.5 Phenolic Resin Market Competitive Situation and Trends
2.5.1 Phenolic Resin Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Phenolic Resin Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Phenolic Resin as of 2022)
2.7 Date of Key Manufacturers Enter into Phenolic Resin Market
2.8 Key Manufacturers Phenolic Resin Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Phenolic Resin Status and Outlook by Region
3.1 Global Phenolic Resin Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Phenolic Resin Historic Market Size by Region
3.2.1 Global Phenolic Resin Sales in Volume by Region (2018-2023)
3.2.2 Global Phenolic Resin Sales in Value by Region (2018-2023)
3.2.3 Global Phenolic Resin Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Phenolic Resin Forecasted Market Size by Region
3.3.1 Global Phenolic Resin Sales in Volume by Region (2024-2029)
3.3.2 Global Phenolic Resin Sales in Value by Region (2024-2029)
3.3.3 Global Phenolic Resin Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Phenolic Resin by Application
4.1 Phenolic Resin Market Segment by Application
4.1.1 Automotive
4.1.2 Construction
4.1.3 Electronics
4.1.4 Others
4.2 Global Phenolic Resin Market Size by Application
4.2.1 Global Phenolic Resin Market Size Overview by Application (2018-2029)
4.2.2 Global Phenolic Resin Historic Market Size Review by Application (2018-2023)
4.2.3 Global Phenolic Resin Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Phenolic Resin Sales Breakdown by Application (2018-2023)
4.3.2 Europe Phenolic Resin Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Phenolic Resin Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Phenolic Resin Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Phenolic Resin Sales Breakdown by Application (2018-2023)
5 North America Phenolic Resin by Country
5.1 North America Phenolic Resin Historic Market Size by Country
5.1.1 North America Phenolic Resin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Phenolic Resin Sales in Volume by Country (2018-2023)
5.1.3 North America Phenolic Resin Sales in Value by Country (2018-2023)
5.2 North America Phenolic Resin Forecasted Market Size by Country
5.2.1 North America Phenolic Resin Sales in Volume by Country (2024-2029)
5.2.2 North America Phenolic Resin Sales in Value by Country (2024-2029)
6 Europe Phenolic Resin by Country
6.1 Europe Phenolic Resin Historic Market Size by Country
6.1.1 Europe Phenolic Resin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Phenolic Resin Sales in Volume by Country (2018-2023)
6.1.3 Europe Phenolic Resin Sales in Value by Country (2018-2023)
6.2 Europe Phenolic Resin Forecasted Market Size by Country
6.2.1 Europe Phenolic Resin Sales in Volume by Country (2024-2029)
6.2.2 Europe Phenolic Resin Sales in Value by Country (2024-2029)
7 Asia-Pacific Phenolic Resin by Region
7.1 Asia-Pacific Phenolic Resin Historic Market Size by Region
7.1.1 Asia-Pacific Phenolic Resin Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Phenolic Resin Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Phenolic Resin Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Phenolic Resin Forecasted Market Size by Region
7.2.1 Asia-Pacific Phenolic Resin Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Phenolic Resin Sales in Value by Region (2024-2029)
8 Latin America Phenolic Resin by Country
8.1 Latin America Phenolic Resin Historic Market Size by Country
8.1.1 Latin America Phenolic Resin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Phenolic Resin Sales in Volume by Country (2018-2023)
8.1.3 Latin America Phenolic Resin Sales in Value by Country (2018-2023)
8.2 Latin America Phenolic Resin Forecasted Market Size by Country
8.2.1 Latin America Phenolic Resin Sales in Volume by Country (2024-2029)
8.2.2 Latin America Phenolic Resin Sales in Value by Country (2024-2029)
9 Middle East and Africa Phenolic Resin by Country
9.1 Middle East and Africa Phenolic Resin Historic Market Size by Country
9.1.1 Middle East and Africa Phenolic Resin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Phenolic Resin Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Phenolic Resin Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Phenolic Resin Forecasted Market Size by Country
9.2.1 Middle East and Africa Phenolic Resin Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Phenolic Resin Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Hexion
10.1.1 Hexion Company Information
10.1.2 Hexion Introduction and Business Overview
10.1.3 Hexion Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hexion Phenolic Resin Products Offered
10.1.5 Hexion Recent Development
10.2 Hitachi Chemical
10.2.1 Hitachi Chemical Company Information
10.2.2 Hitachi Chemical Introduction and Business Overview
10.2.3 Hitachi Chemical Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hitachi Chemical Phenolic Resin Products Offered
10.2.5 Hitachi Chemical Recent Development
10.3 Sumitomo Bakelite
10.3.1 Sumitomo Bakelite Company Information
10.3.2 Sumitomo Bakelite Introduction and Business Overview
10.3.3 Sumitomo Bakelite Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sumitomo Bakelite Phenolic Resin Products Offered
10.3.5 Sumitomo Bakelite Recent Development
10.4 BASF
10.4.1 BASF Company Information
10.4.2 BASF Introduction and Business Overview
10.4.3 BASF Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BASF Phenolic Resin Products Offered
10.4.5 BASF Recent Development
10.5 AkzoNobel
10.5.1 AkzoNobel Company Information
10.5.2 AkzoNobel Introduction and Business Overview
10.5.3 AkzoNobel Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.5.4 AkzoNobel Phenolic Resin Products Offered
10.5.5 AkzoNobel Recent Development
10.6 Owens Corning
10.6.1 Owens Corning Company Information
10.6.2 Owens Corning Introduction and Business Overview
10.6.3 Owens Corning Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Owens Corning Phenolic Resin Products Offered
10.6.5 Owens Corning Recent Development
10.7 Ashland
10.7.1 Ashland Company Information
10.7.2 Ashland Introduction and Business Overview
10.7.3 Ashland Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ashland Phenolic Resin Products Offered
10.7.5 Ashland Recent Development
10.8 Arclin Inc
10.8.1 Arclin Inc Company Information
10.8.2 Arclin Inc Introduction and Business Overview
10.8.3 Arclin Inc Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Arclin Inc Phenolic Resin Products Offered
10.8.5 Arclin Inc Recent Development
10.9 DIC Corporation
10.9.1 DIC Corporation Company Information
10.9.2 DIC Corporation Introduction and Business Overview
10.9.3 DIC Corporation Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DIC Corporation Phenolic Resin Products Offered
10.9.5 DIC Corporation Recent Development
10.10 Kolon Industries
10.10.1 Kolon Industries Company Information
10.10.2 Kolon Industries Introduction and Business Overview
10.10.3 Kolon Industries Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Kolon Industries Phenolic Resin Products Offered
10.10.5 Kolon Industries Recent Development
10.11 Shandong Laiwu Runda New Material
10.11.1 Shandong Laiwu Runda New Material Company Information
10.11.2 Shandong Laiwu Runda New Material Introduction and Business Overview
10.11.3 Shandong Laiwu Runda New Material Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Shandong Laiwu Runda New Material Phenolic Resin Products Offered
10.11.5 Shandong Laiwu Runda New Material Recent Development
10.12 Dujodwala Paper Chemicals Ltd
10.12.1 Dujodwala Paper Chemicals Ltd Company Information
10.12.2 Dujodwala Paper Chemicals Ltd Introduction and Business Overview
10.12.3 Dujodwala Paper Chemicals Ltd Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Dujodwala Paper Chemicals Ltd Phenolic Resin Products Offered
10.12.5 Dujodwala Paper Chemicals Ltd Recent Development
10.13 Changshu South-East Plastic Co., Ltd
10.13.1 Changshu South-East Plastic Co., Ltd Company Information
10.13.2 Changshu South-East Plastic Co., Ltd Introduction and Business Overview
10.13.3 Changshu South-East Plastic Co., Ltd Phenolic Resin Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Changshu South-East Plastic Co., Ltd Phenolic Resin Products Offered
10.13.5 Changshu South-East Plastic Co., Ltd Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Phenolic Resin Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Phenolic Resin Industrial Chain Analysis
11.4 Phenolic Resin Market Dynamics
11.4.1 Phenolic Resin Industry Trends
11.4.2 Phenolic Resin Market Drivers
11.4.3 Phenolic Resin Market Challenges
11.4.4 Phenolic Resin Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Phenolic Resin Distributors
12.3 Phenolic Resin Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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