Phenolic Resin Market | Trends & Forecast | 2019-2024

1. Presents a Research Report on Phenolic Resin Market Phenolic Resin Market by Type (Resol Resin, Novolac Resin, and Others), by Application Type (Wood Adhesives, Molding Compound, Laminates, Insulation, Coatings, Paper Impregnation, Foundry, and Others), by End-Use Industry Type (Automotive, Building & Construction, Furniture, Electrical & Electronics, Industrial, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Phenolic Resin Market Growth and Forecast Highlights & Drivers • The phenolic resin market is likely to witness a healthy CAGR of 5.1% during the forecast period. • Increasing automobile production, especially in Asia-Pacific and Eastern Europe, growing building & construction and electrical & electronics industry; advancements in phenolic resin properties, and increasing usage of phenolic resins in new applications are the major factors driving the demand for phenolic resins in various end-use industries. • Market Insights • By resin type • Resol resin currently dominates the phenolic resin market, owing to its widespread usage in the wood adhesive application. • Further, the resin type is also expected to witness the highest growth during the forecast period, owing to its excellent properties including superior heat resistance, high flexibility, mechanical strength, moldability, and excellent friction properties. • By application type • Wood adhesives dominated the market and are expected to remain dominant during the forecast period. • Molding compound is likely to witness the highest growth during the same period.

3. Market Insights • By End-User Type • The automotive industry currently dominates the market and is expected to maintain its dominance over the next five years as well. • Owing to consistently increasing production of vehicles along with an increasing number of phenolic resin applications, such brake linings, clutch facing, and brake pads. • By Region • Asia-Pacific is the largest market for phenolic resins, owing to rapid economic development in the region, which has led to the growth of key end-use industries. • Rapidly growing automotive production with a shift of automobile plants in China and India, continuous shift of manufacturing base of the electrical & electronics industry, and growing building & construction sector are the major growth drivers of the Asia-Pacific’s market.

4. Competitive Insights • Some of the major phenolic resin suppliers are Hexion Inc. Hitachi Chemical Co., Ltd., Sumitomo Bakelite Co., Ltd., BASF SE, SI Group, Inc., DIC Corporation, Kolon Industries, Inc., Shandong LaiwuRunda New Material Co., Ltd., Dujodwala Paper Chemicals Ltd., Changshu South-East Plastic Co., Ltd. and Geogria-Pacific Chemicals LLC. • Key Companies Analysed • Hexion Inc. • Hitachi Chemical Co., Ltd. • Sumitomo Bakelite Co., Ltd. • BASF SE • SI Group, Inc. • Shandong Shengquan Chemical Co, • DIC Corporation • KolonIndustries, Inc. • Shandong LaiwuRunda New Material Co., Ltd. • Georgia-Pacific Chemicals LLC

5. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

6. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

7. Market Segmentation • by Type: • Resol Resin  • Novolac Resin • Others • by Application Type: • Wood Adhesives  • Foundry • Molding Compound • Laminates • Insulation • Paper Impregnation • Coatings • Others • by End-Use Industry Type: • Automotive • Building & Construction • Furniture

8. Market Segmentation • Electrical & Electronics • Industrial • Others • by Region: • North America  • Europe • Asia-Pacific  • Rest of the World

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