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Global u201cNorth America Phenolic Resin Marketu201d report offers an overview of the market trends, drivers, and barriers with respect to the North America Phenolic Resin Market. It also provides a comprehensive overview of the market of different regions across United States, Europe, China, Japan, India, Southeast Asia and Others.
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North America Phenolic Resin Market Share, Revenue, Drivers, Trends And Influence Factors Historical & Forecast Till 2025 “North America Phenolic Resin Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast” North America Phenolic Resin Market is expected to reach USD 4.20 billion by 2024 due to increase in applications for construction activities like laminates, wood adhesives and coatings. Phenolic resin are the synthetic polymers that are obtained from aldehydes and phenols. They have better mechanical and thermal stability, exceptional thermal & electrical insulating, excellent fire, smoke and low toxicity to be used for different applications. North America phenolic resins market is witnessing growth owing to the factors like increasing use of corrosion resistant, heat resistant, and chemical resistant materials required in automobile, increasing need for fire resistant materials in building and construction industry and in thermal insulation products. Moreover, government regulations for building energy efficient buildings is expected to boost North America phenolic resin industry. The market is also driven by increasing demand for phenolic resin in aerospace, mass transit and marine segments. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/north-america-phenolic-resin-market/request- sample However, unstable prices of raw materials is negatively affecting North America phenolic resin market. Economies around the world are focusing on the development of sustainable and green products, which allow bio-based products to gain traction and ultimately hamper the market growth. Since resols are widely used as adhesives, binders, and reinforcing agents, Mexico offers better opportunities for the growth.
North America phenolic resin industry is categorized on the basis of type, application, end user and geography. On the basis of type, the market is divided into novolac phenolic resin, resol phenolic resin and other phenolic resins. Resol phenolic resin segment is predicted to lead North America phenolic resins market due to extensive use in laminates and wood adhesives. Based on application, North America phenolic resins industry is divided into laminate, wood adhesive, paper impregnation, molding compound, insulation coating and others. Owing to the progress in building & construction industry in Asia Pacific region, wood adhesive segment registers significant growth among others. In terms of end user, North America phenolic resin market is split into electronics and electrical, transportation, furniture, construction, industrial and others. Owing to wide application, electrical and electronics segment is projected to hold larger market share of phenolic resin. Geographically, North America phenolic resins industry is segmented as United States, Mexico and Canada. United States is expected to dominate the North America market of phenolic resin owing to the increasing application in industries like automotive, construction and electronics & electrical. The prominent players in North America phenolic resin industry are Arclin, Inc., Ashland, Inc., America Micro Industries, Inc., DIC Corporation, Olympic Panel, Owens Corning, Hardwoods, Inc., Kolon Industries and Hexcel Corporation. Global North America Phenolic Resin Market Analysis to 2025 is a specialized and in-depth study of the industry with a special focus on the global market trend analysis. The report aims to provide an overview of North America Phenolic Resin market with detailed market segmentation by type, application and geography. North America Phenolic Resin Market Report presents a detailed analysis of the industry by share, size, growth rate, manufacturers, regions, types and applications This report additionally covers every one of the areas and nations of the world. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/north-america-phenolic-resin-market Table Of Contents 1North America Phenolic Resin Overview 2Global North America Phenolic Resin Application Estimates & Trend Analysis 3Global North America Phenolic Resin Size and Growth Prospects 4Global North America Phenolic Resin Analysis by Region 5Global North America Phenolic Resin Analysis by Type 6Global North America Phenolic Resin Analysis by Application 7Global North America Phenolic Resin Manufacturers Analysis 8Global North America Phenolic Resin Technology and Development Trends
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