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Phenolic Resin market is expected to reach US$ 23.80 Bn. in 2030, with a CAGR of 5.5% for the period 2024-2030, because of the high demand for phenolic from the various end-use industries.
Phenolic Resin market Overview
The report gives insights into the Phenolic Resin market to help clients understand the demand for their products in the future. The Phenolic Resin market overview gives thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.
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Phenolic Resin market Report Scope and Research Methodology
Maximize Market Research has collected the data through Primary research surveys from Phenolic Resin market dealers, suppliers and producers. The company's annual reports and secondary sources, such as reliable paid and free databases are carefully examined to verify the facts for the Phenolic Resin market report. All the information that has been acquired has been verified, evaluated, and presented in list form in order to give a coherent and understandable picture of the Phenolic Resin market. The dedicated team of MMR subject matter experts meticulously tracks and analyses the Global Phenolic Resin market. The team provides a long-term performance analysis of the Phenolic Resin market industry while also looking at various industrial segments and strategic postures. This assists clients in better planning their upcoming investments, lower risk, understanding cost dynamics, and maintaining balance in the face of Phenolic Resin market volatility. A list of several ongoing development projects from various industries is followed by information on key projects in the development stage that may have a positive or negative impact on the global Phenolic Resin market.
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Phenolic Resin market Regional Insights
The Regional Analysis in the report helps to understand the potential of the Phenolic Resin market in various countries. All the factors affecting the regional Phenolic Resin market have been included in the report. The report includes a detailed explanation of all the factors, market size, growth rate, and import and export in regions covering North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The reports help in planning the Phenolic Resin market strategies which are suitable and appropriately applicable according to specific countries and regions.
Phenolic Resin market Segmentation
by Product Type
Resol resin
Liquid Resol resin
Solid Resol resin
Novolac resin
Others (Bio-phenolic resin, cresol resin, free-formaldehyde • phenolic resin)
by Application
Wood adhesives
Foundry
Molding
Laminates
Insulation
Paper Impregnation
Coatings
Others
Phenolic Resin market Key Players
1.Hexion Inc.
2. Hitachi Chemical Co. Ltd.
3. Sumitomo Bakelite Co. Ltd.
4. BASF SE
5. SI Group Inc.
6. DIC Corporation Inc.
7. Kolon Industries Inc.
8. Shandong Laiwu new material Co. Ltd.
9. Changshu South-East Plastic Co., Ltd.
10. Mitsui Chemicals Inc.
11. Georgia Pacific Chemicals LLC
12. Prefere Resins
13. Plastics Engineering Company
14. RPM International Inc.
15. KCC Corporation
16. Altex Coatings Inc.
17. Nippon Paint Marine Coatings Co., Ltd.
18. Others
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