Scienza e Tecnologia
Phenolic Resin Market worth $14.4 Billion by 2026 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/Market-Reports/phenolic-resin-market-177821389.html
Resol is the preferred type of phenolic resin used in various end-use industries due to their cost effectiveness, enhanced properties and a wide range of applications. Some of the major applications of resol resin are exterior plywood-oriented strand board (OSB), engineered laminated composite lumber (LCL), engineered woods, and adhesives. Rising demand from the automotive and building & construction industries contributes to the growing demand for resol resin across the globe.
Wood adhesive application is one of the fastest-growing application for phenolic resin. The growing construction industry primarily drives the rise in demand for wood adhesives. The plywood subsegment holds the maximum share of the market in the wood adhesives segment. Asia Pacific accounts for the largest share of the wood adhesive segment. With the presence of growing economies such as India , South Korea , and Indonesia , the demand for phenolic resins in region is expected to increase significantly.
https://www.marketsandmarkets.com/requestsampleNew.asp?id=177821389
APAC is projected to be the fastest-growing phenolic resin market. The growth of the APAC phenolic resin market can be attributed to the growing investment in building & construction, and automotive industry in the region. Additionally, Phenolic resin manufacturers are targeting this region, as it is the strongest regional market. China is the leading producer and consumer of phenolic resins in the region. Other major markets in the region are emerging economies such as Japan , India , and Thailand .
Bakelite Synthetics (U.S), Sumitomo Bakelite Company Limited ( Japan ), SI Group Inc. (U.S), Jinan Shengquan Group Share Holding Co., Ltd., ( China ), Ashland Global Holdings, Inc. (U.S), BASF SE ( Germany ), Georgia-Pacific Chemicals (U.S), DIC Corp ( Japan ), Hexcel Corporation (U.S), Akrochem Corporation (U.S).are the leading players operating in the phenolic resin market.
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=177821389
by Resin Type (PU, PS, PO, Phenolic), Foam Type (Rigid, Flexible), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region
https://www.marketsandmarkets.com/Market-Reports/foams-market-1011.html
by Resin Type (Natural & Synthetic), Technology (Solvent-based, Water-based, Solventless), Application (Flooring & Deck, Plywood, Furniture, Cabinet, Particle Board, Window & Door)
https://www.marketsandmarkets.com/Market-Reports/wood-adhesives-market-77758472.html
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/phenolic-resin-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/phenolic-resin.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg