The overall size of the phenolic resin market was estimated at US$ 111.1 billion in 2018 and is predicted to grow at an annual rate of 5.3% during the forecast period from 2019 to 2025.
Phenolic resins are synthetic polymers resulting from the reaction of phenol or formaldehyde substituted phenols at high temperatures. They are widely used for wood adhesives, molding compounds, and laminates. The resin exhibits flame retardation, high heat ... Read more