Market Outlook : Phenolic Resin Market Globally Grow at a CAGR of 4.63% by Revenue During the Period 2018-2021

ResearchMoz presents professional and in-depth study of "Global Phenolic Resin Market 2017-2021".

Phenolic resins or phenol formaldehyde resins or 2-methoxy-6-methylphenol are synthetic polymers that are obtained by the polymerization of formaldehyde and phenol. These are resistant to acids, water, and organic solvents.

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These are used especially in the molded and laminated products, adhesives, and coatings. Phenolic resins possess good chemical and physical properties such as low toxicity, high mechanical strength, low smoke formation, good heat resistance, and high thermal stability.

Technavios analysts forecast the global phenolic resin market to grow at a CAGR of 4.63% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global phenolic resin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of phenolic resins across various application segments.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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Technavio's report, Global Phenolic Resin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Ashland

BASF

DIC

Hexion

Hitachi Chemicals

Sumitomo Bakelite

Other prominent vendors

allnex group

capiton

Chemovate

DynaChem

Fenolit d.d.

Georgia-Pacific Chemicals

Kolon Industries

LERG

MITSUI CHEMICALS AMERICA

Romit Resins

Shandong Laiwu Runda New Material

SHENGQUAN GROUP

SI Group

Sprea Misr

Tembec

UCP Chemicals

Market driver

Growing building and construction activities

For a full, detailed list, view our report

Market challenge

Fluctuations in crude oil prices

For a full, detailed list, view our report

Market trend

Growing introduction of carbon nanofibers

For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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