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Global phenolic resins market size is expected at $16.63 Bn by 2027 at a growth rate of 5.7% and demand analysis by The Business Research Company.<br>
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Phenolic Resins Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Phenolic Resins Market Segments The Business Research Company segments it’s Phenolic Resins Market report as: Resol, Novolac, Others Types By Type By Application Wood Adhesives, Molding, Insulation, Laminates, Paper Impregnation, Friction Materials, Refractory Materials, Other Applications Building and Construction, Furniture, Automotive, Electrical and Electronics, Other End Users By End-User © The Business Research Company. All Rights Reserved.
Phenolic Resins Market Statistics The global phenolic resins market size grew from $12.45 billion in 2022 to $13.3 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The market size of global phenolic resins is expected to grow to $16.63 billion in 2027 at a CAGR of 5.7%. Global PhenolicResins Market Size Forecast To 2032 Series 1, 2027, 16.63 y = 2.09x + 9.9467 R² = 0.895 Series 1, 2023, 13.3 Series 1, 2022, 12.45 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The growing need for lightweight, eco-friendly synthetic structures in the automotive industry is driving the phenolic resin market. Trends Technological advancements are a key trend gaining popularity in the phenolic resin market. Region North America was the largest region in the phenolic resins market in 2022. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Phenolic Resins Market are: Dainippon Ink and Chemicals Corporation Hexion LLC Chang Chun Plastics Co. Ltd. Mitsui Chemicals Inc Hitachi Chemical Co. And more. Get More Information On The Phenolic Resins Market Report © The Business Research Company. All Rights Reserved.
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