An exciting new study from the team of Lucintel found that phenolic resin marketis expected to reach $14.1 billion by 2025 with a CAGR of 2.7%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The phenolic resinmarket is segmented based on application, end use, resin, and region. In this market, molding compoundis the largest segment by application, whereas construction is largest by end use industry.Players can benefit from the available opportunities likegrowth in end use industries.
The development of bio based phenolic resin, and increased penetration of phenolic resin in applications where fire, smoke, and toxicity properties are requiredare emerging trends having impact on dynamics of the industry.
Hexion, Shandong Shengquan Chemical Co, Si Group, Sumitomo Bakelite, and Georgia–Pacific and othersare some of the major players profiled in this 204 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the phenolic resin market by application (wood adhesive, molding compound, laminates, insulation, Coating, Paper Impregnation, and others), end use industry (construction, transportation, electrical and electronics, furniture, Industrial, and others), resin type (resol and novolac resin), region (North America, Europe, Asia Pacific and ROW) and by region (North America, Europe, Asia Pacific and ROW), and by region (North America, Asia Pacific, Europe, and ROW)?Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the phenolic resinmarket?
Q.4What are some changing demands of customers in the phenolic resinmarket?
Q.5What are the new developments in the phenolic resinmarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this phenolic resinarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in these phenolic resinmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.