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16-Jul-2019

Phenolic Resin Market Size Poised to Touch USD 15.3 Billion by 2026

The Global Phenolic Resin Market Size is anticipated to around USD 15.3 billion by 2026, this market is anticipated to grow with 4.8% CAGR during the forecast time period 2019 to 2026.

The global phenolic resin market represents huge numbers in terms of overall consumption and in terms of market value. One of the protuberant factors driving the consumption of phenolic resin is use of resin in the preparation of industrial paints amp; decorative coatings. Construction industry is the make shareholder in this market due to rising residential construction activities and resulting demand for paints and coatings products. Introduction of water-borne coatings is driving the uses of phenolic resin. Resin based coatings products are witnessing relatively greater adoption over other coatings. This is due to dual benefits associated with epoxy resins such as protection and decorative properties. Moreover, use of resins in electrical application for insulation purpose is also gaining prominence on account of its high physical as well as dimensional properties. Hence, rise in production of high end electronics devices set to enhanced consumption for phenolic resin. Automotive production is rising like anything driven by massive demand for luxury car segment. In some of the developing countries such as India, Russia, and China there has been increased demand for luxury cars as a result of increased economic spending of middle class populations. Automotive industry is a vital consumer of epoxy resin, wherein it is used in the protective for vehicle production along with for aesthetics and durability. However, availability of closer alternative and its healthy adoption may hamper the growth of the phenolic resin market. Advancement in the industrial coatings due to green initiatives by global regulatory bodies anticipated to offer healthy growth opportunities during the forecast period.

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The global phenolic resin market is segmented by type, application, and region.

On the basis of type, the phenolic resin market is segmented into novolac resin, resol resin, and others. Based on application type, the global phenolic resin market is segmented into wood adhesives, insulation, coatings, laminates, paper impregnation, foundry, molding compound, and others. On the basis of end-use, the market is segmented into automotive, furniture, electrical amp; electronics, building amp; construction, industrial, and others.

Geographically, the global phenolic resin market is segmented into four regions: North America, Europe, Asia Pacific, and Middle East amp; Africa

Asia-Pacific is the largest market for phenolic resin the globe. It has accounted largest marker share both in terms of value and volume in 2017 and likely to continue the same during the forecast period. Some of the key factors driving the growth of Asia-Pacific region include rising disposable income linked with rapid lifestyle changes and high demand for packaged food. Apart from this high adoption of Phenolic Resin in personal care and cosmetics, medical and pharmaceutical, and food amp; beverages industry is further contributing into the overall growth. North America is another attractive region for Phenolic Resin market. Technologically sound nature of this region expected to contribute significantly in the product development which further expected to develop the growth for phenolic resin. Europe hold the growing market for the phenolic resin market.

The factors driving the growth of the phenolic resin market in Europe are availability of the huge investment, presence of many companies, and rapidly growing packaging industry have driven the phenolic resin market in Europe. Germany and U.K dominates the Europe phenolic resin market. Presence of wee government support, and continually increasing demand for the phenolic resin will drive the market in this country. LAMEA holds the least share in the market. However continuously development in the packaging industry will support the growth of the market. North America holds the second leading position in the market due to stringent government regulations and growing consumer preferences over packaged food and beverages ultimately leading to the growth of the market. According to OECD, in 2015, the recycling rate of the U.S. was 34.6%. U.S. steel container manufacturers reported a unit increase of 2.66 percent from 2014. Acquisitions and mergers have paved the way for the market to gain significant traction and is likely to witness traction in coming years. Continuously developing packaging industry and increasing investment of the company will derive the North America phenolic resin market.

Some of the key industry players operating in the Flint Group, Siegwerk Druckfarben AG amp; Co., Huber Group, Sun Chemical Corporation, Wikoff Color Corporation, Zeller+Gmelin GmbH amp; Co. KG., INX International Ink Co, Toyo Ink SC Holdings Co, ALTANA AG and XSYS Print Solutions (Shanghai) Ltd. among others.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Phenolic Resin
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Phenolic Resin Market By Type
1.2.2.1. Global Phenolic Resin Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Phenolic Resin Market Revenue Share By Type in 2017
1.2.2.3. Novolac Resin
1.2.2.4. Resol Resin
1.2.2.5. Others
1.2.3. Phenolic Resin Market By Application
1.2.3.1. Global Phenolic Resin Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Wood Adhesives
1.2.3.3. Insulation
1.2.3.4. Coatings
1.2.3.5. Laminates
1.2.3.6. Paper Impregnation
1.2.3.7. Foundry
1.2.3.8. Molding Compound
1.2.3.9. Others
1.2.4. Phenolic Resin Market By End User
1.2.4.1. Global Phenolic Resin Market Revenue and Growth Rate Comparison By End User (2015-2026)
1.2.4.2. Automotive
1.2.4.3. Furniture
1.2.4.4. Electrical amp; Electronics
1.2.4.5. Building amp; Construction
1.2.4.6. Industrial
1.2.4.7. Others
1.2.5. Phenolic Resin Market by Geography
1.2.5.1. Global Phenolic Resin Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Phenolic Resin Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Phenolic Resin Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Phenolic Resin Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Phenolic Resin Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Phenolic Resin Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porterrsquo;s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Phenolic Resin Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Phenolic Resin Major Manufacturers in 2017
3.3. Ramp;D Status and Technology Type of Global Phenolic Resin Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Phenolic Resin Major Manufacturers in 2017

CHAPTER 4. PHENOLIC RESIN MARKET BY TYPE

4.1. Global Phenolic Resin Revenue By Type
4.2. Novolac Resin
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Resol Resin
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. PHENOLIC RESIN MARKET BY APPLICATION

5.1. Global Phenolic Resin Revenue By Application
5.2. Wood Adhesives
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Insulation
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Coatings
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Laminates
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Paper Impregnation
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Foundry
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.8. Molding Compound
5.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.9. Others
5.9.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.9.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. PHENOLIC RESIN MARKET BY END USER

6.1. Global Phenolic Resin Revenue By End User
6.2. Automotive
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Furniture
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Electrical amp; Electronics
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Building amp; Construction
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Industrial
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.7. Others
6.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA PHENOLIC RESIN MARKET BY COUNTRY

7.1. North America Phenolic Resin Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Phenolic Resin Market Revenue Share Comparison, 2015 amp; 2026 (%)
7.3. U.S.
7.3.1. U.S. Phenolic Resin Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE PHENOLIC RESIN MARKET BY COUNTRY

8.1. Europe Phenolic Resin Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Phenolic Resin Market Revenue Share Comparison, 2015 amp; 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC PHENOLIC RESIN MARKET BY COUNTRY

9.1. Asia-Pacific Phenolic Resin Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Phenolic Resin Market Revenue Share Comparison, 2015 amp; 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA PHENOLIC RESIN MARKET BY COUNTRY

10.1. Latin America Phenolic Resin Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Phenolic Resin Market Revenue Share Comparison, 2015 amp; 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST PHENOLIC RESIN MARKET BY COUNTRY

11.1. Middle East Phenolic Resin Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East Phenolic Resin Market Revenue Share Comparison, 2015 amp; 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 12. AFRICA PHENOLIC RESIN MARKET BY COUNTRY

12.1. Africa Phenolic Resin Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa Phenolic Resin Market Revenue Share Comparison, 2015 amp; 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Flint Group
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Siegwerk Druckfarben AG amp; Co.
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Huber Group
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Sun Chemical Corporation
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Wikoff Color Corporation
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Zeller+Gmelin GmbH amp; Co. KG.
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. INX International Ink Co
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Toyo Ink SC Holdings Co
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. ALTANA AG
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. XSYS Print Solutions (Shanghai) Ltd
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Others
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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Last Updated: 16-Jul-2019