HOME Top Market Reports Phenolic Resin Market by Type (Resol and Novolac) and by Application (Wood Adhesive, Molding, Laminates, Insulation, and Others) – Global Trends & Forecast to 2019

Phenolic Resin Market by Type (Resol and Novolac) and by Application (Wood Adhesive, Molding, Laminates, Insulation, and Others) – Global Trends & Forecast to 2019

By: marketsandmarkets.com
Publishing Date: April 2014
Report Code: CH 2422

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Phenolic resin is synthetic polymers obtained by the reaction of phenol or substituted phenol with formaldehyde. Because of its high mechanical strength, good heat resistance, flame retardant, low toxicity, low smoke and its property of getting blended with other polymers to achieve high performance it is widely used in molding compounds, wood adhesives, laminates, insulation, and other applications. The global market is expected to grow at a CAGR of 5.7% from 2014 to 2019 to reach a value of $19.31 billion. The demand for phenolic resins is increasing and will continue to increase as the construction and housing industries in the developing region is providing opportunities for phenolic resin demand.

Asia-Pacific, North America, and Europe dominated the phenolic resin market in 2013 and accounted for over 90% of the market. The market for phenolic resins in most countries closely tracks GDP growth and housing market growth.

Resol accounted for more than 75% of the global market in 2013. Resol phenolic resin market will grow at a healthy growth rate of 4.1% till 2019.

The global phenolic resin market by product type and application type, has witnessed a significant growth in the past few years and this growth is estimated to persist in the coming years. The resol type phenolic resins constitute majority of the market globally. Phenol and formaldehyde are the main consumed raw material for the phenolic resin.

Wood adhesive application of phenolic resins is expected to drive the phenolic resin market. One of the key factors contributing to this market growth that phenolic resins make excellent wood adhesives for plywood and particleboard because they form chemical bonds with the phenol-like lignin component of wood. They are especially desirable for exterior plywood, owing to their good moisture resistance.

Phenolic resins have demonstrated themselves to be unique over a full century of usage. It remains a reassuring position for existing players in the market. For the foreseeable future, a growing population will require housing, transport and household equipment and this in turn will demand for more phenolic resin.

This report basically aims to estimate the global market of phenolic resins for 2014 and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global market. We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources - experts from related industries and suppliers–have been interviewed to obtain and verify critical information as well as to assess the future prospects.

Competitive scenarios of top players in the phenolic resin market have been discussed in detail. The leading players of this industry have been profiled with their recent developments and other strategic industry activities. These include: that Momentive Specialty Chemicals Inc. (U.S.), SI Group (U.S.), BASF SE (Germany), Sumitomo Bakelite Co., Ltd (Japan), Kolon Industries, Inc. (Korea) and others

Scope of the report:
This research report categorizes the global market for phenolic resin on the basis of product type and application by geography in terms of revenues, volumes, and analyzing trends in each of the submarkets.

On the basis of product type: The market for phenolic resin is segmented by type of product such as resol and novolac. Each of these products is further described in detail in the report with volume forecasts as well.

On the basis of application: The market for phenolic resin is segmented by type of applications it is consumed such as wood adhesive, molding, laminates, insulation, and others. Each application is further described in detail in the report with volume and revenue forecasts as well.

On the basis of geography: The phenolic resin market by type and application is segmented by key geographies–Asia-Pacific, North America, Europe, and ROW for key countries within these geographies.

Table Of Contents
 
1 Introduction  (Slide No. - 24)
    1.1 Key Deliverables
    1.2 Report Description
    1.3 Markets Covered
    1.4 Stakeholders
    1.5 Research Methodology
          1.5.1 Market Size
          1.5.2 Research Methodology and Description
          1.5.3 Key Data Points Taken From Secondary Sources
          1.5.4 Key Data Points Taken From Primary Sources
    1.6 Key Questions Answered

2 Executive Summary  (Slide No. - 39)
    2.1 Introduction
    2.2 Industry Snapshot

3 Market Overview  (Slide No. - 43)
    3.1 Introduction
    3.2 Supply Chain
    3.3 Market Dynamics
          3.3.1 Drivers
          3.3.2 Opportunities
          3.3.3 Restraints
    3.4 Burning Issues
    3.5 Winning Imperatives
    3.6 Phenolic Resin: Porter’s Five Forces Analysis

4 Premium Insights  (Slide No. - 52)
    4.1 Phenolic Resin Market Share (Value), By Type & Application, 2013
    4.2 Market Trend & Forecast, By Geography
    4.3 Market Attractiveness

5 Market Assessment, By Type  (Slide No. - 57)
    5.1 Phenolic Resin Market Segmentation, By Type
    5.2 Global Phenolic Resins Market, By Type
    5.3 Global Novolac Market, By Region
    5.4 Global Resol Market Size, By Region

6 Market Assessment, By Application  (Slide No. - 66)
    6.1 Phenolic Resins Market, By Application
          6.1.1 Market in Wood Adhesives
          6.1.2 Market in Molding
          6.1.3 Market in Laminates
          6.1.4 Market in Insulation
 
7 Market Assessment, By Geography  (Slide No. - 79)
    7.1 Phenolic Resin Market Segmentation, By Geography
    7.2 Global Market
          7.2.1 Market Share Analysis, By Geography
    7.3 Asia-Pacific
          7.3.1 Asia-Pacific: Phenolic Resin Market Size, By Country
          7.3.2 Asia-Pacific: Market Size, By Application
          7.3.3 Asia-Pacific: Market Size, By Type
          7.3.4 China: Phenolic Resins Market Size, By Application
          7.3.5 China: Market Size, By Type
          7.3.6 Japan: Phenolic Resins Market Size, By Application
          7.3.7 Japan: Phenolic Resins Market Size, By Application
          7.3.8 Japan: Phenolic Resins Market Size, By Type
          7.3.9 Korea: Phenolic Resins Market Size, By Application
          7.3.10 Korea: Market Size, By Type
          7.3.11 Taiwan: Phenolic Resins Market Size, By Application
          7.3.12 Taiwan: Market Size, By Type
          7.3.13 India: Phenolic Resins Market Size, By Application
          7.3.14 India: Market Size, By Type
          7.3.15 Singapore: Phenolic Resins Market Size, By Application
          7.3.16 Singapore: Market Size, By Type
          7.3.17 Malaysia: Phenolic Resins Market Size, By Application
          7.3.18 Malaysia: Market Size, By Type
    7.4 North America
          7.4.1 North America: Phenolic Resin Market Volume & Value, By Country
          7.4.2 North America: Market Size, By Application
          7.4.3 North America: Market Size, By Type
          7.4.4 U.S.: Phenolic Resins Market Size, By Application
          7.4.5 U.S.: Market Size, By Type
          7.4.6 Canada: Phenolic Resins Market Size, By Application
          7.4.7 Canada: Market Size, By Type
          7.4.8 Mexico: Phenolic Resins Market Size, By Application
          7.4.9 Mexico: Market Size, By Type
    7.5 Europe
          7.5.1 Europe: Phenolic Resins Market Size, By Country
          7.5.2 Europe: Market Size, By Application
          7.5.3 Europe: Market Size, By Type
          7.5.4 Belgium: Phenolic Resins Market Size, By Application
          7.5.5 Belgium: Market Size, By Type
          7.5.6 France: Phenolic Resins Market Size, By Application
          7.5.7 France: Market Size, By Type
          7.5.8 Germany: Phenolic Resin Market Size, By Application
          7.5.9 Germany: Market Size, By Type
          7.5.10 Italy: Phenolic Resin Market Size, By Application
          7.5.11 Italy: Market Size, By Type
          7.5.12 Poland: Phenolic Resin Market Size, By Application
          7.5.13 Poland: Market Size, By Type
          7.5.14 Russian Federation: Phenolic Resin Market Size, By Application
          7.5.15 Russian Federation: Market Size, By Type
          7.5.16 Spain: Phenolic Resin Market Size, By Application
          7.5.17 Spain: Market Size, By Type
    7.6 ROW
          7.6.1 ROW: Phenolic Resin Market Size, By Country
          7.6.2 ROW: Market Size, By Application
          7.6.3 ROW: Market Size, By Type
          7.6.4 Brazil: Phenolic Resin Market Size, By Application
          7.6.5 Brazil: Market Size, By Type
          7.6.6 MEA: Phenolic Resin Market Size, By Application
          7.6.7 MEA: Market Size, By Type

8 Competitive Landscape  (Slide No. - 160)
    8.1 Introduction
    8.2 Phenolic Resin Market, Major Developments

9 Company Profiles  (Slide No. - 166)
    9.1 Momentive Specialty Chemicals Inc.
    9.2 Hitachi Chemical Co., Ltd.
    9.3 Sumitomo Bakelite Co., Ltd.
    9.4 SI Group, Inc.
    9.5 Shandong Laiwu Runda New Material Co., Ltd
    9.6 Kolon Industries, Inc.
    9.7 DIC Corporation
    9.8 BASF SE
    9.9 Dujodwala Paper Chemicals Ltd.
    9.10 Changshu South-East Plastic Co., Ltd.


List of Tables (99 Tables)

Table 1 Detailed Research Methodology and Description For Market Size
Table 2 Data From Secondary Sources
Table 3 Data From Ptimary Sources
Table 4 Phenolic Resin Industry Snapshot
Table 5 Market Size, By Type (KT)
Table 6 Market Size, By Type ($Million)
Table 7 Novolac Phenolic Resins Market Size, By Region (KT)
Table 8 Novolac Market Size, By Region ($Million)
Table 9 Resol Phenolic Resins Market Size, By Region (KT)
Table 10 Resol Market Size, By Region ($Million)
Table 11 Market Size, By Application, 2012-2019 (KT)
Table 12 Market Size, By Application, 2012-2019 ($Million)
Table 13 Market Size in Wood Adhesives, 2012-2019 (KT)
Table 14 Market Size in Wood Adhesives, 2012-2019 ($Million)
Table 15 Market Size in Molding, 2012-2019 (KT)
Table 16 Phenolic Resins Market Size in Molding, 2012-2019 ($Million)
Table 17 Market Size in Laminates, 2012-2019 (KT)
Table 18 Phenolic Resin Market Size in Laminates, 2012-2019 ($Million)
Table 19 Market Size in Insulation, 2012-2019 (KT)
Table 20  Market Size in Insulation, 2012-2019 ($Million)
Table 21 Market Size, By Geography, 2012-2019 (KT)
Table 22 Market Size, By Geography, 2012-2019 ($Million)
Table 23 Asia-Pacific: Phenolic Resin Market Size, By Country, 2012-2019 (KT)
Table 24 Asia-Pacific: Market Size, By Country, 2012-2019 ($Million)
Table 25 Asia-Pacific: Market Size, By Type, 2012-2019 (KT)
Table 26 Asia-Pacific: Market Size, By Application, 2012-2019 ($Million)
Table 27 Asia-Pacific: Market Size, By Type, 2012-2019 (KT)
Table 28 China: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 29 China: Market Size By Application, 2012-2019 ($Million)
Table 30 China: Market Size, By Type, 2012-2019 (KT)
Table 31 Japan: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 32 Japan: Market Size By Application, 2012-2019 ($Million)
Table 33 Japan: Market Size, By Type, 2012-2019 (KT)
Table 34 Korea: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 35 Korea: Market Size By Application, 2012-2019 ($Million)
Table 36 Korea: Market Size, By Type, 2012-2019 (KT)
Table 37 Taiwan: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 38 Taiwan: Market Size By Application, 2012-2019 ($Million)
Table 39 Taiwan: Market Size, By Type, 2012-2019 (KT)
Table 40 Taiwan: Market Size, By Application, 2012-2019 (KT)
Table 41 India: Phenolic Resins Market Size By Application, 2012-2019 ($Million)
Table 42 India: Market Size, By Type, 2012-2019 (KT)
Table 43 Singapore: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 44 Singapore: Market Size By Application, 2012-2019 ($Million)
Table 45 Singapore: Market Size, By Type, 2012-2019 (KT)
Table 46 Malaysia: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 47 Malaysia: Market Size By Application, 2012-2019 ($Million)
Table 48 Malaysia: Market Size, By Type, 2012-2019 (KT)
Table 49 North America: Phenolic Resin Market Size, By Country, 2012-2019 (KT)
Table 50 North America: Market Share (Value), By Country, 2012-2019 ($Million)
Table 51 North America: Market Size, By Type, 2012-2019 (KT)
Table 52 North America: Market Size, By Application, 2012-2019 ($Million)
Table 53 North America: Market Size, By Type, 2012-2019 (KT)
Table 54 U.S.: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 55 U.S.: Market Size By Application, 2012-2019 ($Million)
Table 56 U.S.: Market Size, By Type, 2012-2019 (KT)
Table 57 Canada: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 58 Canada: Market Size By Application, 2012-2019 ($Million)
Table 59 Canada Market Size, By Type, 2012-2019 (KT)
Table 60 Mexico: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 61 Mexico: Market Size By Application, 2012-2019 ($Million)
Table 62 Mexico: Market Size, By Type, 2012-2019 (KT)
Table 63 Europe: Phenolic Resin Market Size, By Country, 2012-2019 (KT)
Table 64 Europe: Market Size, By Country, 2012-2019 ($Million)
Table 65 Europe: Market Size, By Type, 2012-2019 (KT)
Table 66 Europe: Market Size, By Application, 2012-2019 ($Million)
Table 67 Europe: Market Size, By Type, 2012-2019 (KT)
Table 68 Belgium: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 69 Belgium: Market Size By Application, 2012-2019 ($Million)
Table 70 Belgium: Market Size, By Type, 2012-2019 (KT)
Table 71 France: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 72 France: Market Size By Application, 2012-2019 ($Million)
Table 73 France: Market Size, By Type, 2012-2019 (KT)
Table 74 Germany: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 75 Germany: Market Size By Application, 2012-2019 ($Million)
Table 76 Germany: Market Size, By Type, 2012-2019 (KT)
Table 77 Italy: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 78 Italy: Market Size By Application, 2012-2019 ($Million)
Table 79 Italy: Market Size, By Type, 2012-2019 (KT)
Table 80 Italy: Market Size, By Application, 2012-2019 (KT)
Table 81 Poland: Phenolic Resin Market Size By Application, 2012-2019 ($Million)
Table 82 Poland: Market Size, By Type, 2012-2019 (KT)
Table 83 Russian Federation: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 84 Russian Federation: Market Size By Application, 2012-2019 ($Million)
Table 85 Russian Federation: Market Size, By Type, 2012-2019 (KT)
Table 86 Spain: Phenolic Resin Market Size, By Application, 2012-2019 (KT)
Table 87 Spain: Market Size By Application, 2012-2019 ($Million)
Table 88 Spain: Market Size, By Type, 2012-2019 (KT)
Table 89 ROW: Phenolic Resin Market Size, By Country, 2012-2019 (KT)
Table 90 ROW: Market Size, By Country, 2012-2019 ($Million)
Table 91 ROW: Market Size, By Application, 2012-2019 (KT)
Table 92 ROW: Market Size, By Application, 2012-2019 ($Million)
Table 93 ROW: Market Size, By Type, 2012-2019 (KT)
Table 94 Brazil: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 95 Brazil: Market Size By Application, 2012-2019 ($Million)
Table 96 Brazil: Market Size, By Type, 2012-2019 (KT)
Table 97 MEA: Phenolic Resins Market Size, By Application, 2012-2019 (KT)
Table 98 MEA: Market Size By Application, 2012-2019 ($Million)
Table 99 MEA: Market Size, By Type, 2012-2019 (KT)


List of Figures (111 Figures)

Figure 1 Phenolic Resin Market Segmentation
Figure 2 Research Methodology: Forecasting Model
Figure 3 Research Methodology: Demand Side
Figure 4 Research Methodology: Supply Market
Figure 5 Research Methodology: Triangulation
Figure 6 Phenolic Resin: Supply Chain
Figure 7 Porter’s Five Forces Analysis: Summary
Figure 8 Phenolic Resins Market Share (Value), By Type & Application, 2013
Figure 9 Phenolic Resins Market Share (Value), By Geography, 2012-2019 & Market Share (Value ), By Geography, 2013
Figure 10 Phenolic Resins Market Attractiveness, By Geography, 2013
Figure 11 Phenolic Resins Market Attractiveness, By Application, 2013
Figure 12 Phenolic Resins, By Type
Figure 13 Phenolic Resin Market Share (Volume) 2013 & 2019, By Region
Figure 14 Phenolic Resins Market Share (Value), By Region ($Million)
Figure 15 Novolac Phenolic Resin Market Share (Volume) 2013 & 2019, By Region
Figure 16 Novolac Market Share (Value), By Region, 2012-2014 ($Million)
Figure 17 Resol Phenolic Resin Market Share (Volume) 2013 & 2019, By Region
Figure 18 Resol Market Share (Value), By Type ($Million)
Figure 19 Market Share, 2013 (KT)
Figure 20 Market Share, 2019 (KT)
Figure 21 Market Share (Volume) in Wood Adhesives 2013 & 2019 (KT)
Figure 22 Market Share (Value) in Wood Adhesives, 2013-2019 ($Million)
Figure 23 Market Share (Volume) in Molding, 2013 & 2019 (KT)
Figure 24 Phenolic Resin Market Share (Value) in Molding, 2013-2019 ($Million)
Figure 25 Phenolic Resins Market Share (Volume) in Laminates 2013 & 2019 (KT)
Figure 26 Market Share (Value), 2013-2019 ($Million)
Figure 27 Market Share (Volume) in Insulation, 2013 & 2019 (KT)
Figure 28 Market Share (Value) in Insulation, 2013-2019 ($Million)
Figure 29 Market Segmentation, By Geography
Figure 30 Market Share (Volume), By Geography, 2013
Figure 31 Phenolic Resin Market Share (Volume), By Geography, 2019
Figure 32 Asia-Pacific: Phenolic Resin Market Share (Volume), By Country, 2012-2019
Figure 33 Asia-Pacific: Market Share (Value), By Country, 2013-2019
Figure 34 Asia-Pacific: Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 35 Asia-Pacific: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 36 Asia-Pacific: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 37 China: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 38 China: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 39 China: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 40 Japan: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 41 Japan: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 42 Japan: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 43 Korea: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 44 Korea: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 45 Korea: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 46 Taiwan: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 47 Taiwan: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 48 Taiwan: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 49 India: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 50 India: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 51 India: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 52 Singapore: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 53 Singapore: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 54 Singapore: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 55 Malaysia: Phenolic Resins Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 56 Malaysia: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 57 Malaysia: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 58 North America: Phenolic Resin Market Share (Value), By Country, 2012-2019
Figure 59 North America: Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 60 North America: Market Share (Value), By Application, 2014 & 2019($Million)
Figure 61 North America: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 62 U.S.: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 63 U.S.: Market Share (Value), By Application, 2012-2019 ($Million)
Figure 64 U.S.: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 65 Canada: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 66 Canada: Market Share (Value), By Application, 2012-2019 ($Million)
Figure 67 Canada: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 68 Mexico: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 69 Mexico: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 70 Mexico: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 71 Europe: Phenolic Resin Market Share (Volume), By Country, 2012-2019
Figure 72 Europe: Market Share (Value), By Country, 2012-2019
Figure 73 Europe: Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 74 Europe: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 75 Europe: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 76 Belgium: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 77 Belgium: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 78 Belgium: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 79 France: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 80 France: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 81 France: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 82 Germany: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 83 Germany: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 84 Germany: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 85 Italy: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 86 Italy: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 87 Italy: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 88 Poland: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 89 Poland: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 90 Poland: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 91 Russian Federation: Phenolic Resins Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 92 Russian Federation: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 93 Russian Federation: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 94 Spain: Phenolic Resins Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 95 Spain: Market Share (Value), By Application, 2013 & 2019 ($Million)
Figure 96 Spain: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 97 ROW: Phenolic Resins Market Share (Volume), By Country, 2012-2019
Figure 98 ROW: Market Share (Value), By Country, 2012-2019
Figure 99 ROW: Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 100 ROW: Market Share (Value), By Application, 2014 & 2019 ($Million)
Figure 101 ROW: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 102 Brazil: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 103 Brazil: Market Share (Value), By Application, 2014 & 2019 ($Million)
Figure 104 Brazil: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 105 MEA: Phenolic Resin Market Share (Volume), By Application, 2013 & 2019 (KT)
Figure 106 MEA: Market Share (Value), By Application, 2014 & 2019 ($Million)
Figure 107 MEA: Market Share (Volume), By Type, 2013 & 2019 (KT)
Figure 108 Phenolic Resins Market, By Growth Strategy, 2011-2013
Figure 109 Phenolic Resin Market Developments, By Growth Strategy, 2011-2013
Figure 110 Strategies in Phenolic Resins Market, By Key Player, 2011-2013
Figure 111 Strategies in Phenolic Resins Market, By Region, 2011-2013

Phenolic resin is made by reacting phenol (an aromatic alcohol derived from benzene) with formaldehyde (a reactive gas derived from methane). These resins were the first completely synthetic polymers to be commercialized. In the first decades of the 20th century, Bakelite, a trademarked phenolic plastic, revolutionized the phenolic resin market for molded and laminated parts for use in electrical equipment. Phenolic resins is still very important industrial polymers, though their most common use today is in adhesives for the bonding of plywood and other structural wood products.

Phenolic Resin has so many uses in different industries. It finds usage in wood adhesive, molding, friction control, foundry, laminates, insulation, and other applications. They are used in the circuit board production that is for making circuit board like PCB, etc. In Electrical equipment, it is needed, caps, handles, buttons,  radio cabinets, furniture, knobs, vacuum cleaner, cameras, ash trays, and engine ignition equipment. It is also used in laminated material like laminated sheets, rods and tubes are made in great variety from fabric, paper, wood veneers and so on impregnated with phenolic, resins providing a range of materials of widely differing properties.

Wood adhesive application of these resins is expected to drive the phenolic resin market. One of the key factors contributing to this market growth that phenolic resins make excellent wood adhesives for plywood and particleboard because they form chemical bonds with the phenol-like lignin component of wood. They are especially desirable for exterior plywood, owing to their good moisture resistance.

In most regions of the world, the largest markets for phenolic resins are in plywood and in fibrous and granulated wood products. Demand for wood products is influenced by the health of the construction industry and overall state of the economy. Since the major portion of phenolic resins is used in the wood products industry, the market for phenolic resins in most countries closely tracks GDP growth and housing market growth

Asia-Pacific dominated the phenolic resin market followed by North America. Moreover, The South and Central America is expected to witness the above average growth rate by 2019 due large requirement of phenolic resins for different industry. New construction and housing project projects in Asia-Pacific, Americas are expected to drive the market.

PHENOLIC RESIN MARKET, BY APPLICATION, 2013

Phenolic Resin Market

PHENOLIC RESIN MARKET, BY GEOGRAPHY, 2013

Phenolic Resin Market

Source: Secondary Research, Expert Interviews, and MarketsandMarkets Analysis

This report covers the phenolic resin market by key regions and major countries in each region. It also provides a detailed segmentation of the market on the basis of product type, and by applications along with projections till 2019.

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