Dublin, Feb. 16, 2018 (GLOBE NEWSWIRE) -- The "Phenolic Resin Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global phenolic resin market is expected to reach an estimated $15.0 billion by 2022 and it is forecast to grow at a CAGR of 5.0% from 2017 to 2022.
The future of the global phenolic resin market is attractive with opportunities in the wood adhesive, molding compound, laminate, insulation, paper impregnation, and coating applications. The major drivers for growth in this market are increasing use of materials with fire retardant, heat resistant, and anti-corrosive properties in end use applications.
Emerging trends, which have a direct impact on the dynamics of the phenolic resin industry, include the development of bio based phenolic resin, and increased penetration of phenolic resin in applications where fire, smoke, and toxicity properties are required.
Some of the phenolic resin companies profiled in this report include Hexion, Shandong Shengquan Chemical Co, Si Group, Sumitomo Bakelite, and Georgia-Pacific and others.
Molding compound is expected to remain the largest application segment by value due to high heat resistance, mechanical strength and electrical properties and is used in automotive, aerospace, electronics and industrial market. Wood adhesive will experience the highest growth over the forecast period supported by increasing demand for adhesives in furniture, water proof construction panels, beams, and marine plywood.
Construction, transportation, electrical & electronic, and furniture are the major end use industries. Construction is expected to be the largest market by value and volume, and will experience the highest growth over the forecast period.
Asia Pacific (APAC) is expected to remain the largest region by value and volume. North America is expected to experience the highest growth over the forecast period due to growth in end use industries.
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2011 to 2022
3.1: Macroeconomic Trends and Forecast
3.2: Global Phenolic Resin Market Trends and Forecast
3.3: Global Phenolic Resin Market by Application
3.3.1: Wood Adhesive
3.3.2: Molding Compounds
3.3.3: Laminates
3.3.4: Insulation
3.3.5: Coating
3.3.6: Paper Impregnation
3.3.7: Others
3.4: Global Phenolic Resin Market by Type
3.5: Global Phenolic resin Market by End Use industry
4. Market Trends and Forecast Analysis by Region
4.1: Global Phenolic Resin Market by Region
4.2: North American Phenolic Resin Market
4.2.1: Market by Application: Wood Adhesive, Molding Compounds, Laminates, Insulation, Coating, Paper Impregnation, and Others
4.2.2: The US Phenolic Resin Market
4.2.3: Canadian Phenolic Resin Market
4.2.4: Mexican Phenolic Resin Market
4.3: European Phenolic Resin Market
4.3.1: Market by Application: Wood Adhesive, Molding Compounds, Laminates, Insulation, Coating, Paper Impregnation, and Others
4.3.2: Phenolic Resin Market of Western Europe
4.3.3: Phenolic Resin Market of Central / Eastern Europe
4.4: APAC Phenolic Resin Market
4.4.1: Market by Application: Wood Adhesive, Molding Compounds, Laminates, Insulation, Coating, Paper Impregnation, and Others
4.4.2: Chinese Phenolic Resin Market
4.4.3: Japanese Phenolic Resin Market
4.4.4: Indian Phenolic Resin Market
4.4.5: Taiwanese Phenolic Resin Market
4.4.6: Republic of Korea Phenolic Resin Market
4.5: Row Phenolic Resin Market
4.5.1: Market by Application: Wood Adhesive, Molding Compounds, Laminates, Insulation, Coating, Paper Impregnation, and Others
4.5.2: Central/ South American Phenolic Resin Market
4.5.3: Middle Eastern Phenolic Resin Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Porter's Five Forces Analysis
6. Cost Structure Analysis
6.1: Cost of goods sold
6.2: R&D expense
6.3: SG&A
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Phenolic Resin Market by Application
7.1.2: Growth Opportunities for Global Phenolic Resin Market by End Use Industries
7.1.3: Growth Opportunities for Global Phenolic Resin Market by Product Type
7.1.4: Growth Opportunities for the Global Phenolic Resin Market by Region
7.2: Emerging Trends in the Global Phenolic Resin Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Phenolic Resin Market
7.3.3: Mergers, Acquisitions and Joint Ventures in the Global Phenolic resin Market
7.3.4: Certification and Licensing
8. Company Profiles of Leading Players
8.1: Hexion Inc.
8.2: Georgia Pacific Chemicals
8.3: SI Group
8.4: SQ Group
8.5: Sumitomo Bakelite Co. Ltd
8.6: DIC Corporation
8.7: Mitsui Chemicals
8.8: Tembec
8.9: Ashland
8.10: Aica Kogyo
For more information about this report visit https://www.researchandmarkets.com/research/jr6jn4/phenolic_resin?w=12