Global Phenolic Resin Market Size and Forecast to 2025
This report focuses on the Phenolic Resin Market in Global market, especially in United States, China, South Korea, United Kingdom, Southeast Asia and India. This report categorizes the market based on manufacturers, countries, type and application.
enolit D.D.,
Shandong Laiwu Runda New Material Co., Ltd.,
DIC Corporation, BASF SE,
Hitachi Chemical Co., Ltd.,
Dujodwala Paper Chemicals Ltd.,
Kolon Industries, Inc.,
SI Group,
and Sumitomo Bakelite
According to Verified Market Intelligence, The Global Phenolic Resin Market was valued at USD 11.19 billion in 2016 and is projected to reach USD 17.36 billion by 2025, growing at a CAGR of 5.00% from 2017 to 2025.
Phenolic resins also are known as phenol-formaldehyde resins, are the synthetic polymers that produced by reacting phenol with formaldehyde. These resins have good chemical and physical properties such as high mechanical strength, good heat resistance, low toxicity, and low smoke formation. These characteristics of resins have contributed to the growth of phenolic resin market. It is classified further into novolacs and resolves that have high temperature and chemical stability. Phenolic resins are used in producing circuit boards and the wide range of molded products such as billiard balls, laboratory countertops, as well as in coatings and adhesives.
Get | Download FREE Sample Copy @https://www.verifiedmarketresearch.com/download-sample/?rid=3645
Advanced Properties of phenolic resin and high demand from various industries such as Construction, furniture, automotive, and many more have been driving the global phenolic resin market. While environmental regulations and fluctuation in the prices of raw materials might hinder the overall growth at a global level.
The “Global Phenolic Resin Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as enolit D.D., Shandong Laiwu Runda New Material Co., Ltd., DIC Corporation, BASF SE, Hitachi Chemical Co., Ltd., Dujodwala Paper Chemicals Ltd., Kolon Industries, Inc., SI Group, Inc., and Sumitomo Bakelite Co., Ltd..Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Ask for Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=3645
About Us:
Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Verified Market Research
Contact Person: Ankush
Tel: +1650781 4080
Email us: sales@verifiedmarketresearch.com
Contact Information:
Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Verified Market Research
Amaan Kazi
Tel: +1 (650) 781 4080
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results