An exciting new study from the team of Lucintel found that phenolic resin market is expected to reach $16.0 billion by 2027 with a CAGR of 6.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

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The phenolic resin market is segmented based on application, type, end use, and region. In this market, construction is expected to remain the largest end use, and molding compounds segment is expected to remain the largest application. Players can benefit from the available opportunities like growth in end use industries such as residential and commercial activities, increasing automotive production, and growing electrical and electronics demand.

The use of bio based phenolic resin, rosin modified phenolic resin, boron-modified phenol formaldehyde resin-based self-healing matrix for Cf/Siboc Composites are emerging trends having impact on dynamics of the industry.

Hexion Inc., Georgia Pacific Chemicals, SI Group, SQ Group, Sumitomo Bakelite Co. Ltd., DIC Corporation, Mitsui Chemicals, Tembec, Ashland, and Aica Kogyo are some of the major players profiled in this 208 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 compounds, laminates, insulation, coating, paper impregnation, and others), type (resol phenolic resin and novolac phenolic resin), end use (construction, transportation, electrical and electronics, furniture, and others) and region (North America, Europe, Asia Pacific and ROW)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the phenolic resin market?

Q.4 What are some changing demands of customers in the phenolic resin market?

Q.5 What are the new developments in the phenolic resin market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this phenolic resin area 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 this phenolic resin market?

This unique report from Lucintel will 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 helpdesk@lucintel.com

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.