フェノール樹脂市場：製品タイプ別、用途別、最終用途産業別、地域別、2025-2033年

フェノール樹脂市場の世界市場規模は2024年に162億米ドルに達しました。今後、IMARC Groupは、市場は2033年までに240億米ドルに達し、2025-2033年の成長率（CAGR）は4.24%になると予測しています。市場成長の原動力となっているのは、熱安定性と機械的強度が高いことから、建設業界や自動車業界からの需要が増加していることです。さらに、木材用接着剤、ラミネート、成形コンパウンドなどにも幅広く使用されていることも、市場の成長を後押ししています。技術の進歩と電気・電子分野での用途の増加が、市場の成長をさらに後押ししています。持続可能で環境に優しい材料の使用を促進する環境規制も、フェノール樹脂の需要に寄与しています。

フェノール樹脂は、フェノールとホルムアルデヒドの重縮合によって製造される合成ポリマーを指します。高圧ラミネート、ブレーキライニング、断熱材、鋳造コア、コーティング、接着剤、研磨剤の製造に広く使用されています。さらに、フェノール樹脂はプリント回路基板（PCB）や摩擦材の製造にも欠かせないです。卓越した熱安定性、高い機械的強度、優れた耐薬品性、優れた難燃性を示します。フェノール樹脂は、優れた寸法安定性、耐熱性、耐電性を備え、費用対効果が高く、柔軟で成形可能な製品です。

いくつかの政府が排出ガスを規制し、環境に優しい製品を奨励するために厳しい規制を課しているため、毒性や排出レベルが低く、製品需要が促進されています。さらに、航空宇宙産業や海洋産業など多様な分野での用途を拡大するため、フェノール樹脂の製造における広範な研究開発（R&D）活動が市場の成長を後押ししています。さらに、ラミネート、コーティング、断熱材などの用途で製品が広く利用されていることも、市場成長にプラスの影響を与えています。さらに、家具産業における接着やラミネート加工への製品採用が拡大していることも、市場成長に寄与しています。その他、急速な工業化、フェノール樹脂の先進製造プロセス開発への投資の増加、鋳造産業における製品利用の増加などが市場成長を促進すると予想されます。

フェノール樹脂市場傾向／促進要因：

自動車産業の著しい成長

世界の自動車産業は近年力強い成長を遂げています。フェノール樹脂はその優れた耐熱性、高い機械的強度、軽量性から、ブレーキライニング、クラッチフェーシング、ディスクブレーキパッドなど、さまざまな自動車用途への利用が増加しています。これらは、自動車の安全性向上、燃費の向上、総合性能の向上に大きく貢献しています。さらに、省エネルギーと二酸化炭素排出削減への移行動向の中で、フェノール樹脂のような軽量材料の需要はますます重要になってきています。軽い材料で作られた自動車は、燃料の消費を抑え、効率を高めるため、環境への影響を減らすことができます。さらに、複雑な部品の製造を容易にし、自動車メーカーに設計の柔軟性を提供する優れた成形能力により、自動車業界で広く製品が採用されていることも、市場の成長を支えています。

建設部門の急速な拡大

都市化、人口増加、インフラ投資の増加により、住宅・商業を問わず建設業界は世界的に大幅な成長を遂げています。フェノール樹脂は耐久性、耐火性、耐薬品性に優れているため、さまざまな建築材料で不可欠な役割を果たしています。建築用合板やパーティクルボード用の木材接着剤に広く使用され、耐水性を高めています。さらに、その断熱特性は、エネルギー効率の高い構造物を建設する上で重要な断熱製品に理想的です。建築規制や設計上の考慮事項において省エネルギーがますます重要になるにつれ、フェノール樹脂を使用した断熱製品の需要が急増しています。建設部門の世界の拡大と、持続可能でエネルギー効率の高い建築材料への重点の高まりにより、フェノール樹脂が選ばれる材料となり、市場の成長に拍車をかけています。

エレクトロニクス分野での製品利用の増加

世界のエレクトロニクス産業は、技術の進歩、家電需要の増加、モノのインターネット（IoT）デバイスの採用増加により、急速な拡大を経験しています。フェノール樹脂はその優れた電気絶縁能力により、電子部品の製造に広く使用されています。これに伴い、事実上すべての電子機器の骨格となるプリント回路基板（PCB）の製造に欠かせないです。フェノール樹脂は、過酷な使用条件下でもプリント基板の耐久性と信頼性を保証します。さらに、その耐火性は電子機器において極めて重要であり、火災関連事故のリスクを最小限に抑えます。さらに、フェノール樹脂は電子筐体や開閉装置部品にも使用され、電気絶縁を提供し、製品寿命を向上させます。その結果、エレクトロニクス産業の急成長とフェノール樹脂への依存がフェノール樹脂市場を前進させています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界のフェノール樹脂市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：製品タイプ別

• ノボラック
  • 市場動向
  • 市場予測
• レゾール
  • 市場動向
  • 市場予測

第7章 市場内訳：用途別

• 成形
  • 市場動向
  • 市場予測
• 接着剤
  • 市場動向
  • 市場予測
• 絶縁
  • 市場動向
  • 市場予測
• ラミネート
  • 市場動向
  • 市場予測
• コーティング
  • 市場動向
  • 市場予測
• 紙含浸
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第8章 市場内訳：最終用途産業別

• 自動車・輸送
  • 市場動向
  • 市場予測
• 家電
  • 市場動向
  • 市場予測
• 建築・建設
  • 市場動向
  • 市場予測
• 石油・ガス
  • 市場動向
  • 市場予測
• 家具
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ

第10章 促進要因・抑制要因・機会

• 概要
• 促進要因
• 抑制要因
• 機会

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Akrochem Corporation
  • Allnex GMBH（PTT Global Chemical）
  • Bakelite Synthetics
  • Bostik Inc.（Arkema S.A.）
  • DIC Corporation
  • Hexion Inc.
  • Kolon Industries Inc.
  • Kraton Corporation（DL Chemical Co. Ltd.）
  • Prefere Resins Holding GmbH
  • Shandong Laiwu Runda New Material Co. Ltd.
  • SI Group Inc.
  • Sumitomo Bakelite Company Limited

List of Figures

• Figure 1: Global: Phenolic Resins Market: Major Drivers and Challenges
• Figure 2: Global: Phenolic Resins Market: Sales Value (in Billion USD), 2019-2024
• Figure 3: Global: Phenolic Resins Market Forecast: Sales Value (in Billion USD), 2025-2033
• Figure 4: Global: Phenolic Resins Market: Breakup by Product Type (in %), 2024
• Figure 5: Global: Phenolic Resins Market: Breakup by Application (in %), 2024
• Figure 6: Global: Phenolic Resins Market: Breakup by End Use Industry (in %), 2024
• Figure 7: Global: Phenolic Resins Market: Breakup by Region (in %), 2024
• Figure 8: Global: Phenolic Resins (Novolac) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 9: Global: Phenolic Resins (Novolac) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 10: Global: Phenolic Resins (Resol) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 11: Global: Phenolic Resins (Resol) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 12: Global: Phenolic Resins (Molding) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Phenolic Resins (Molding) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Phenolic Resins (Adhesive) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Phenolic Resins (Adhesive) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Phenolic Resins (Insulation) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Phenolic Resins (Insulation) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Phenolic Resins (Laminates) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Phenolic Resins (Laminates) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Phenolic Resins (Coatings) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Phenolic Resins (Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: Global: Phenolic Resins (Paper Impregnation) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: Global: Phenolic Resins (Paper Impregnation) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: Global: Phenolic Resins (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: Global: Phenolic Resins (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: Global: Phenolic Resins (Automotive and Transportation) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: Global: Phenolic Resins (Automotive and Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: Global: Phenolic Resins (Consumer Electronics) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: Global: Phenolic Resins (Consumer Electronics) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: Global: Phenolic Resins (Building and Construction) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: Global: Phenolic Resins (Building and Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: Global: Phenolic Resins (Oil and Gas) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: Global: Phenolic Resins (Oil and Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: Global: Phenolic Resins (Furniture) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: Global: Phenolic Resins (Furniture) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: Global: Phenolic Resins (Other End Use Industries) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: Global: Phenolic Resins (Other End Use Industries) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: North America: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: North America: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: United States: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: United States: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: Canada: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: Canada: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: Asia-Pacific: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: Asia-Pacific: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: China: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: China: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: Japan: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: Japan: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: India: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: India: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: South Korea: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: South Korea: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 54: Australia: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 55: Australia: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 56: Indonesia: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 57: Indonesia: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 58: Others: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 59: Others: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 60: Europe: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 61: Europe: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 62: Germany: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 63: Germany: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 64: France: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 65: France: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 66: United Kingdom: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 67: United Kingdom: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 68: Italy: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 69: Italy: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 70: Spain: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 71: Spain: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 72: Russia: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 73: Russia: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 74: Others: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 75: Others: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 76: Latin America: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 77: Latin America: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 78: Brazil: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 79: Brazil: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 80: Mexico: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 81: Mexico: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 82: Others: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 83: Others: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 84: Middle East and Africa: Phenolic Resins Market: Sales Value (in Million USD), 2019 & 2024
• Figure 85: Middle East and Africa: Phenolic Resins Market: Breakup by Country (in %), 2024
• Figure 86: Middle East and Africa: Phenolic Resins Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 87: Global: Phenolic Resins Industry: Drivers, Restraints, and Opportunities
• Figure 88: Global: Phenolic Resins Industry: Value Chain Analysis
• Figure 89: Global: Phenolic Resins Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Phenolic Resins Market: Key Industry Highlights, 2024 and 2033
• Table 2: Global: Phenolic Resins Market Forecast: Breakup by Product Type (in Million USD), 2025-2033
• Table 3: Global: Phenolic Resins Market Forecast: Breakup by Application (in Million USD), 2025-2033
• Table 4: Global: Phenolic Resins Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
• Table 5: Global: Phenolic Resins Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 6: Global: Phenolic Resins Market: Competitive Structure
• Table 7: Global: Phenolic Resins Market: Key Players

The global phenolic resins market size reached USD 16.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 24.0 Billion by 2033, exhibiting a growth rate (CAGR) of 4.24% during 2025-2033. The market growth is driven by the increasing demand from the construction and automotive industries due to their high thermal stability and mechanical strength. Additionally, their extensive use in wood adhesives, laminates, and molding compounds drives the market toward growth. Technological advancements and rising applications in electrical and electronics sectors further boost the market growth. Environmental regulations promoting the use of sustainable and eco-friendly materials also contribute to the demand for phenolic resins.

Phenolic resins refer to synthetic polymers produced through the polycondensation of phenol with formaldehyde. They are widely used in producing high-pressure laminates, brake linings, insulation materials, foundry cores, coatings, adhesives, and abrasives. Additionally, phenolic resins are essential for manufacturing printed circuit boards (PCBs) and friction materials. They exhibit exceptional thermal stability, high mechanical strength, superb chemical resistance, and impressive fire resistance. Phenolic resins are cost-effective, flexible, and moldable products that provide excellent dimensional stability, heat and electricity resistance.

The imposition of strict regulations by several governments to control emissions and encourage environmentally friendly products is facilitating product demand due to its low toxicity and emission levels. Furthermore, extensive research and development (R&D) activities in the manufacturing of phenolic resins to expand their application across diverse sectors, such as the aerospace and marine industries, are boosting the market growth. Additionally, the widespread product utilization in applications, such as laminates, coatings, and insulation materials, is positively influencing the market growth. Moreover, the growing product adoption in the furniture industry for bonding and laminating processes is contributing to the market growth. Other factors, including rapid industrialization, increasing investment in developing advanced manufacturing processes for phenolic resins, and rising product utilization in the foundry industry, are anticipated to drive the market growth.

Phenolic Resins Market Trends/Drivers:

The significant growth in the automotive industry

The global automotive industry has witnessed robust growth over recent years. Phenolic resins, due to their superior heat resistance, high mechanical strength, and lightweight, are increasingly utilized for various automotive applications, such as brake linings, clutch facings, and disc brake pads. They significantly contribute to enhanced vehicle safety, increasing fuel efficiency, and enhancing overall performance. Additionally, amid the shifting trend toward energy conservation and carbon emission reduction, the demand for lightweight materials, such as phenolic resins, is becoming increasingly important. Vehicles made with lighter materials consume less fuel and increase efficiency, thus reducing environmental impact. Furthermore, the widespread product adoption in the automotive industry due to its excellent molding capabilities that facilitate the manufacturing of complex parts, offering automakers greater design flexibility is supporting the market growth.

The rapid expansion of the construction sector

The construction industry, both residential and commercial, is witnessing substantial growth worldwide, driven by urbanization, population growth, and increasing infrastructural investments. Phenolic resins play an integral role in various construction materials due to their durability, fire resistance, and chemical resistance properties. They are widely used in wood adhesives for construction plywood and particle boards, offering enhanced water resistance. Furthermore, their insulating properties make them ideal for thermal insulation products, which is critical in building energy-efficient structures. As energy conservation becomes increasingly important in construction regulations and design considerations, the demand for insulation products made with phenolic resins is surging. The global expansion of the construction sector and the growing emphasis on sustainable and energy-efficient building materials make phenolic resins a material of choice, thus fueling the market growth.

Increasing product utilization in electronics

The global electronics industry is experiencing rapid expansion, fueled by technological advancements, increasing demand for consumer electronics, and the rising adoption of Internet of Things (IoT) devices. Phenolic resins, due to their outstanding electrical insulation capabilities, are widely used in the manufacturing of electronic components. In line with this, they are critical in producing printed circuit boards (PCBs), which form the backbone of virtually all electronic devices. Phenolic resins ensure the durability and reliability of these PCBs under extreme operating conditions. Furthermore, their fire resistance is crucial in electronic devices, minimizing the risk of fire-related incidents. Additionally, phenolic resins are used in electronic enclosures and switchgear components, providing electrical insulation and enhancing product lifespan. As a result, the rapid growth of the electronics industry and its dependence on phenolic resins drive the phenolic resins market forward.

Phenolic Resins Industry Segmentation:

Breakup by Product Type:

Novolac

Resol

Resol dominates the market

Resol phenolic resins are dominating the market due to their versatility and self-curing nature, which makes them highly desirable across a myriad of industries. They are created from phenol and an excess of formaldehyde, resulting in a resin that cures without the need for any additional curing agents, enhancing production efficiency and reducing manufacturing time. Furthermore, resol's flexibility in terms of curing temperature and time broadens its application scope, making it ideal for a diverse range of products, such as adhesives, laminates, and insulation materials. Furthermore, the widespread utilization of resol in the construction industry as it offers excellent water resistance, making it ideal for exterior construction plywood and particle boards is boosting the market growth. Additionally, the increasing demand for resol phenolic resins in the automotive industry to produce brake linings, clutch facings, and disc brake pads owing to mechanical and thermal properties is providing a considerable boost to the market growth.

Breakup by Application:

Molding

Adhesive

Insulation

Laminates

Coatings

Paper Impregnation

Others

Adhesive dominates the market

Adhesives are dominating the market due to the versatility and superior adhesive properties that phenolic resins possess to bond with a wide range of materials. These properties make them integral to various industries, such as construction, automotive, packaging, and electronics. In the construction industry, phenolic resins are extensively used in wood adhesives, as they offer enhanced water resistance, strength, and durability, making them ideal for use in harsh environmental conditions. Apart from this, they are used in adhesives for bonding various automotive components, owing to their ability to withstand high temperatures and pressures without compromising structural integrity. Moreover, the packaging industry uses phenolic resins in adhesive applications due to their excellent adhesion properties and durability, which ensure that packages remain intact, and goods are protected.

Breakup by End Use Industry:

Automotive and Transportation

Consumer Electronics

Building and Construction

Oil and Gas

Furniture

Others

Automotive and transportation dominate the market

The automotive and transportation sector is dominating the market due to the unique properties of phenolic resins that align perfectly with the automotive industry's evolving needs. Phenolic resins are known for their superior thermal stability, high mechanical strength, and lightweight. As the automotive industry continues to prioritize fuel efficiency and performance, lightweight materials, such as phenolic resins, are in high demand. Vehicles made with these lighter materials are more fuel-efficient and produce fewer carbon emissions, aligning with global sustainability goals. Furthermore, these resins are widely used in various automotive components such as brake linings, clutch facings, and disc brake pads. They assist in enhancing the safety and performance of critical components, due to excellent heat and pressure resistance which in turn is favoring the automotive sector. Moreover, phenolic resins' versatility in terms of molding and design flexibility enables the manufacturing of complex automotive parts, allowing automakers to innovate and enhance vehicle design and functionality.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance in the market, accounting for the largest phenolic resins market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represented the largest market segment.

Asia Pacific is experiencing significant growth in the market due to the presence of some of the world's fastest-growing countries in the region that are experiencing rapid industrialization. This economic development has led to a surge in the construction, automotive, and electronics industries, all of which heavily rely on phenolic resins. In construction, the demand for energy-efficient and fire-resistant insulation materials is driving the use of phenolic resins. Along with this, the shifting focus towards lightweight materials in the automotive industry for improved fuel efficiency has fueled demand for phenolic resins. Moreover, the expanding furniture and packaging industries in the region are also facilitating the market growth. Phenolic resins are used extensively in manufacturing laminated materials and adhesives, which is crucial in both these sectors. Apart from this, the increasing spending by regional governments on infrastructure development and favorable policies for manufacturing industries is acting as another growth-inducing factor.

Competitive Landscape:

The top companies in the phenolic resin market are continuously investing in research and development (R&D) to innovate and expand their product portfolio. They are developing new types of phenolic resins to cater to the changing needs of various industries, such as automotive, electronics, and construction. Furthermore, several key players are forming strategic alliances with other businesses, research institutes, and suppliers to develop and commercialize new applications for phenolic resins. Apart from this, leading companies are expanding their production capacities by upgrading existing facilities or opening new manufacturing plants to meet the growing product demand. Moreover, key market players are engaged in merger and acquisition strategies to strengthen their market position, expand their product portfolio, and enhance their technological capabilities. Besides this, the growing emphasis on environmental sustainability has prompted companies to produce more environmentally friendly phenolic resins.

The report has provided a comprehensive analysis of the competitive landscape in the global phenolic resins market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Akrochem Corporation

Allnex GMBH (PTT Global Chemical)

Bakelite Synthetics

Bostik Inc. (Arkema S.A.)

DIC Corporation

Hexion Inc.

Kolon Industries Inc.

Kraton Corporation (DL Chemical Co. Ltd.)

Prefere Resins Holding GmbH

Shandong Laiwu Runda New Material Co. Ltd.

SI Group Inc.

Sumitomo Bakelite Company Limited

Recent Developments:

In Aug 2020, Akrochem Corporation announced that it had been appointed as the major distributor for SI Group's lineup of phenolic resins, antiozonants, and aminic and phenolic antioxidants.

In July 2020, Allnex GMBH (PTT Global Chemical) introduced a new environmentally friendly phenolic resin for interior and exterior coatings.

In October 2022, Bakelite Synthetics introduced BREAKTHRU technology, which is designed to significantly reduce free formaldehyde content in phenolic resins.

Key Questions Answered in This Report:

• How has the global phenolic resins market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global phenolic resins market?
• What is the impact of each driver, restraint, and opportunity on the global phenolic resins market?
• What are the key regional markets?
• Which countries represent the most attractive phenolic resins market?
• What is the breakup of the market based on the product type?
• Which is the most attractive product type in the phenolic resins market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the phenolic resins market?
• What is the breakup of the market based on end use industry?
• Which is the most attractive end use industry in the phenolic resins market?
• What is the competitive structure of the global phenolic resins market?
• Who are the key players/companies in the global phenolic resins market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Phenolic Resins Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product Type

• 6.1 Novolac
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Resol
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Application

• 7.1 Molding
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Adhesive
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Insulation
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Laminates
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Coatings
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Paper Impregnation
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Others
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast

8 Market Breakup by End Use Industry

• 8.1 Automotive and Transportation
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Consumer Electronics
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Building and Construction
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Oil and Gas
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Furniture
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Others
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 Drivers, Restraints, and Opportunities

• 10.1 Overview
• 10.2 Drivers
• 10.3 Restraints
• 10.4 Opportunities

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Akrochem Corporation
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
  • 14.3.2 Allnex GMBH (PTT Global Chemical)
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Bakelite Synthetics
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Bostik Inc. (Arkema S.A.)
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 DIC Corporation
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
    • 14.3.5.3 Financials
    • 14.3.5.4 SWOT Analysis
  • 14.3.6 Hexion Inc.
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
  • 14.3.7 Kolon Industries Inc.
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 Kraton Corporation (DL Chemical Co. Ltd.)
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Prefere Resins Holding GmbH
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Shandong Laiwu Runda New Material Co. Ltd.
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 SI Group Inc.
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
  • 14.3.12 Sumitomo Bakelite Company Limited
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.