Global Phenolic Resin Market Will Grow At A CAGR Of 4.63% by Revenue During The Period 2017-2021: Chemovate, DynaChem, Fenolit d.d.

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About Phenolic Resin
Phenolic resins or phenol formaldehyde resins or 2-methoxy-6-methylphenol are synthetic polymers that are obtained by the polymerization of formaldehyde and phenol. These are resistant to acids, water, and organic solvents. These are used especially in the molded and laminated products, adhesives, and coatings. Phenolic resins possess good chemical and physical properties such as low toxicity, high mechanical strength, low smoke formation, good heat resistance, and high thermal stability.

Technavios analysts forecast the global phenolic resin market to grow at a CAGR of 4.63% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global phenolic resin market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of phenolic resins across various application segments.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Phenolic Resin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Ashland
BASF
DIC
Hexion
Hitachi Chemicals
Sumitomo Bakelite

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Other prominent vendors
allnex group
capiton
Chemovate
DynaChem
Fenolit d.d.
Georgia-Pacific Chemicals
Kolon Industries
LERG
MITSUI CHEMICALS AMERICA
Romit Resins
Shandong Laiwu Runda New Material
SHENGQUAN GROUP
SI Group
Sprea Misr
Tembec
UCP Chemicals

Market driver
Growing building and construction activities
For a full, detailed list, view our report

Market challenge
Fluctuations in crude oil prices
For a full, detailed list, view our report

Market trend
Growing introduction of carbon nanofibers
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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